SubSea Craft, NSI Demonstrate Autonomous Systems in Maritime Exercise
U.S.-based Naval Systems, Inc. (in partnership with Dragonfish Technical Solutions, LLC) (NSI/DF) and U.K.-based SubSea Craft successfully demonstrated an integrated suite of advanced unmanned maritime systems during a multinational maritime exercise conducted October 5–8 off the coast of California. At the request of the Office of the Under Secretary of War for Research & Engineering (OUSW(R&E)) exercise personnel…
Great Lakes Iron Ore Trade Rises 11.4% in October 2026
Shipments of iron ore on the Great Lakes increased 11.4 percent from last year to a total of 4.9 million tons. Shipments were 1.5 percent above the month’s 5-year average.Year-to-date, the iron ore trade stands at 37.1 million tons, an increase of 3.5 percent compared to October 2025.Through October, iron ore loadings are 5.2 percent below their 5-year average. Great Lakes Iron Ore Shipments: October…
Great Lakes Limestone Trade Decreases in October 2026
U.S. shipments of limestone on the Great Lakes decreased 7.8 percent from 2025 to 2.95 million tons. Limestone cargos were below the month’s 5-year average by 17.3 percent. Year-to-date, the limestone trade stands at 18.8 million tons, a decrease of 17.7 percent compared to last year and 22.4 percent below the month’s 5-year average. GREAT LAKES LIMESTONE TRADE: OCTOBER 2021-2026 AND LONG-TERM AVERAGE (NET TONS) 202120222023202420252026Average2021-2025U.S.
Switch Maritime, Incat Crowther Secure US Agreement for Hydrogen Ferry
Switch Maritime and Incat Crowther have secured a Design Basis Agreement (DBA) with the United States Coast Guard (USCG) for their SWITCH-150 hydrogen fuel cell-electric fast ferry, marking a regulatory milestone in the development of the 150-passenger vessel.The agreement establishes a regulatory framework to guide the vessel's construction, commissioning and eventual operation, with the design intended…
Fratelli Cosulich Takes Delivery of Third Methanol-Ready Bunker Tanker
Italian shipowner Fratelli Cosulich has taken delivery of Carlotta Cosulich, the third of four methanol-ready bunker tankers being built under its fleet expansion program.The 8,585 deadweight tonne (DWT) vessel was officially delivered at Taizhou Maple Leaf Shipyard in China on October 28, following the earlier deliveries of sister vessels Anna Cosulich and Lucia Cosulich.The new IMO II bunker tanker is designed to support a range of bunkering operations…
BOURBON Takes Delivery of First of Two 34-Meter Crew Boats
BOURBON has taken delivery of the first of two new 34-meter crew boats from Grandweld Shipyards in Dubai, expanding its fleet of offshore personnel transport vessels.The first vessel was officially delivered on November 3 following successful sea trials.Designed to transport offshore personnel, the new vessels have capacity for 60 passengers, with business-class-style seating, a cruising speed of up…
Veth Propulsion Unveils New Thruster with Up to 7% Fuel Savings
Veth Propulsion by Twin Disc has introduced a new contra-rotating azimuth thruster designed for cruise vessels and ferries, with the company claiming fuel consumption reductions of up to 7% in real-world use.The new Streamline-CRP system is designed to improve hydrodynamic efficiency, reduce emissions and minimize noise and vibration, including during operations in shallow-water conditions.The thruster…
Coal shipments to India drop 7%
"Between January and October, coal shipments to India dropped 7% y/y due to the increased cost of imports. Thermal coal demand has remained strong, particularly from the power sector, but domestic mining has not kept pace, forcing power plants to draw down inventories. In contrast, coking coal demand growth has eased following a decline in steel production amid low margins,” says Filipe Gouveia, Shipping…
Luxury Cruise Dream Unravels as Ship Forces Passengers Ashore
After disembarking more than 200 passengers who had paid tens of thousands of dollars to live on board for years, the Villa Vie Odyssey cruise ship departed Cambodia early on Wednesday.Last week, the vessel's owner, Florida-based Villa Vie Residences, suspended operations and forced passengers off the ship at the port town of Sihanoukville, saying ‌fuel price increases from the Iran war had made operations prohibitively expensive.The ship left with no passengers and around 50 crew…
Cadeler's Wind Apex WTIV Set for First Assignment at Dogger Bank C
Cadeler has signed a firm contract to support turbine transportation and installation at the 1.2 GW Dogger Bank C offshore wind project in the UK, with its newbuild Wind Apex wind turbine installation vessel (WTIV) scheduled to join the campaign in the third quarter of 2027.The contract will mark the first deployment of Wind Apex following its delivery from the shipyard, according to Cadeler.The vessel will work alongside the project's existing installation vessel…
Moxie Media Launches Connect Event at 2026 International WorkBoat Show
Moxie Media will host its first dedicated user event, Moxie Connect: User Conference 2026, a complimentary event open to all maritime professionals, on Wednesday, December 2, at the Ernest N. Morial Convention Center in New Orleans, alongside the International WorkBoat Show. The half-day event will bring together Moxie customers and professionals in maritime training, safety, compliance and workforce development for discussions…
Venezuelan Oil Exports Remain Stable Despite Stagnant Production, High Freight Rates
Venezuela's oil exports were little changed at 1.08 million barrels per day in October as stagnant crude production and high freight rates continued to curb demand for many South American grades, according to shipping data seen by Reuters on Tuesday.The country's oil output and exports have rebounded this year to near pre-sanctions levels following the US capture of then-President Nicolas Maduro in January and a flagship agreement with global traders overseen by Washington.However…
Oil Services Industry Face Cost Pressures Amidst Iran Crisis
The Iran conflict is causing the oil services industry to increase its cost assessment for projects due to rising shipment, fuel and security costs, which are affecting its Middle Eastern contract performance, executives said at a conference in Abu Dhabi on Tuesday.The Iran war, now in its ninth month, has damaged infrastructure and forced staff to evacuate in several countries. Threats to shipping via the Strait of Hormuz have made equipment deliveries difficult…
Euronaval 2026 Meets Amidst Global Maritime Defense Threats
Shipbuilders, missile makers and drone manufacturers showcased their wares at an arms fair starting near Paris on Tuesday, as European governments, doubting the United States as a defence ally and alarmed by Russian aggression, rush to bolster navies.The increasing use of drones at sea, attacks on critical undersea infrastructure and the targeting of commercial shipping in conflicts including in the Middle East mark a shift in the challenges that European naval forces face.Last month…
RTsys Group Sells SEMA Training Targets to Two Canadian Defense Agencies
At Euronaval 2026, RTsys Group announced the sale of several SEMA training targets to two Canadian defense agencies: Defense Research and Development Canada (DRDC) and the Naval Engineering Test Establishment (NETE). This marks a new international milestone for its anti-submarine warfare (ASW) solution.Developed by RTsys Underwater Technologies, a subsidiary of the group, SEMA is a recoverable acoustic target designed to train naval forces in anti-submarine warfare (ASW).
Texas Electronics Acquired by R.M. Young Company
R.M. Young Company, a manufacturer of meteorological instruments since 1964, announced they have acquired Texas Electronics (TE), manufacturer of tipping bucket rain gauges and meteorological sensors since 1956. The acquisition expands Young's precipitation offerings alongside their pre-existing wind, temperature, humidity, pressure, visibility, and snow depth instruments.Precipitation data supports decisions in stormwater management…
Master Boat Delivers (again) for Maritime Partners
Defiant marks the delivery of the third vessel in an eight-boat series between two of the Gulf’s leading maritime companies Master Boat Builders, Inc. delivered Defiant, the third of eight tugboats being built for Maritime Partners, LLC. “The delivery of Defiant marks the third tug in our eight-vessel series for Maritime Partners, but it also reflects the steady pace of work at Master Boat Builders”, said Garrett Rice, President of Master Boat Builders.
Lehmann Marine Converts Danube Passenger Vessel to Fully Electric
Lehmann Marine, a Sunlight Group company, has converted the MS SISSI passenger ship to fully electric from traditional diesel in collaboration with operator Donauschifffahrt Wurm & Noé and OSWAG Werft. The Passau vessel, with a length of 46.8 meters and a capacity of 250 passengers, is now operating with zero local emissions.To power the high-frequency daily passenger routes through the rivers' heavy currents, Lehmann Marine installed its custom 2,000 kWh CUBE battery system.
Dales Marine Services Launches International Mobile Ship Repair Services
Scottish-headquartered Dales Marine Services has launched an international mobile engineering service that sends its repair teams directly to vessels wherever clients need them. The development of the mobile engineering team builds on a service already offered by Dales Marine Services across Scotland and in the North-east of England, and the team has now successfully completed projects in Europe and Africa.
Speedcast Completes Teleport Infrastructure Sale to SatPort
Speedcast, a connectivity, IT services and edge intelligence provider for remote operations, announced that it has completed the sale of its teleport infrastructure business to SatPort Infrastructure, a carrier-neutral ground infrastructure platform provider backed by EQT Infrastructure, part of global investment firm EQT.This transaction streamlines Speedcast’s operations through a more asset-light model…
