Argentine Government Cracks Down on Falkland Islands Activities
Argentina's government has presented a bill to crack down on companies operating in the Falkland Islands, potentially escalating tensions with the United Kingdom over the territory that is controlled by Britain but claimed by Argentina.The proposal introduced on Thursday toughens sanctions on companies and people who unlawfully participate in activities in the Falklands and in Argentina's maritime…
GLO Marine Eyes $57m in Revenue for Middle East Expansion, New Facility
GLO Marine is targeting revenues of more than USD$57.47 million (€50 million) by 2030 as it prepares to establish a permanent operation in the Middle East and bring its new USD$6.9 million (€6 million) Technology Centre in Romania into commercial operation.The two investments sit at the center of a wider growth plan that will see the company expand from its established marine and offshore engineering base into larger integrated project scopes…
Saronic to Build Landing Craft Utility Vessels at Port Alpha Shipyard
Saronic announced that it has been awarded a contract by the U.S. Navy to construct Landing Craft Utility (LCU) vessels, executed as a firm fixed-price agreement under an Other Transaction Authority (OTA) award. This will be the first build at Port Alpha, Saronic’s next-generation shipyard in Brownsville, TX.LCUs are a Navy logistics vessel, used to move troops, vehicles, and cargo from ships offshore directly onto a beach or unimproved shoreline without the need for a port or pier.
Shipping Technology Launches ST Sailing Pro, Introducing Automatic Propulsion Control
Shipping Technology has launched ST Sailing Pro, an extension of its ST Sailing track pilot that now not only controls a vessel's steering, but also its propulsion. This is the next step in the company's roadmap towards autonomous sailing. In short, the captain enters a destination and a desired arrival time, after which the system continuously calculates the course and engine power needed to meet it, taking changes in locks, currents, water levels etc. into account.
Strait of Hormuz Vessel Traffic Slows to a Trickle
Commodity vessel transits through the Strait of Hormuz dwindled to just three ships on Wednesday, down from 12 a day earlier and well below the 10-day average of about 17, preliminary ship-tracking data showed on Thursday.The figures exclude any vessels that might have passed through the waterway with their Automatic Identification System transponders turned off to avoid detection.Of the three vessels…
Rescuers Plan to Right Capsized Ship; 129 Missing
Indonesian rescuers plan to try to right a passenger ship that capsized in the Java Sea last weekend as persistent strong currents and big waves prevent them from…
Panama Canal Stress: Is the Worst Dead Ahead?
The headline grabbing global attention is simple enough: a shipowner reportedly paid more than $5 million for a single Panama Canal transit slot. But that may only mark the start of an historic surge in shipping costs.The vessel was a liquefied petroleum gas (LPG) carrier operated for South Korea's SK Gas. The fee was not the canal toll itself, but an auction premium paid to secure passage through…
LNG Prices Projected to Spike; European Stocks Dwindle
Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry conference this week.Europe will enter this winter more vulnerable than usual amid storage levels that are lower than last year, industry executives and analysts said at Gastech in Bangkok.At the same time…
El Niño's Sting: Bulk Vessel Panama Canal Transits drop 22%
"Since the start of July, Panama Canal bulker transits have fallen 22% y/y. Bulkers have faced increased competition for transit slots from other sectors, especially tankers, as the US has boosted energy exports to Asia. El Niño is also expected to lead to lower water levels, which mean transit restrictions and thus heightened competition for available capacity,” says Filipe Gouveia, Shipping Analysis…
The Human Perspective on the Future of Maritime Safety
The future of maritime safety will not be determined by a choice between people and technology but will instead depend on how effectively the industry combines them. Capt. Naoki Saito, General Manager and Head of the Cyber Security Ship Management Systems Department, ClassNK fully acknowledges the critical place mandatory procedures occupy in upholding consistent maritime safety, and their role in preserving knowledge from operational experience.
SERF’s UP: Could More Expensive Sustainable Fuels = a Cheaper, Faster Transition?
SNAME’s M-50 Sustainable Fuels Technology and Research panel has given itself the task to try to figure out if there actually is a preferred sustainable fuel out there.This is a massive rabbit hole effort that does not fixate on the state of the art, but instead is making an attempt to engage all engineering tools, experience, and insight to predict the optimal future.SNAME’s assumption focuses on…
An Update on Plans for the U.S.’s Icebreaking Fleet
The U.S. is expanding its icebreaking fleet to strengthen Arctic and domestic access, and support commercial shipping, seabed resources, subsea cables and fisheries. Current plans include 1–3 heavy Polar Security Cutters (PSCs), 11 medium Arctic Security Cutters (ASCs), seven Homeland Security Cutter (HSC) HSC-L (light) icebreakers, 11 HSC-Ms (medium) and one additional heavy HSC-H (heavy). But as delays and cost overruns on the Polar Security Cutter (PSC) Program shows…
“This is a Different Maritime Revival” says MarAd's Carmel
Stephen M. Carmel & MarAd are aiming to make this U.S. Maritime Rebuild StickFor anyone who has spent a career in the U.S. maritime industry, the past two years have been unusual by any metric. Maritime has moved from the far margins of federal policy discussions to center stage, with rebuilding American shipbuilding, the Merchant Marine and the maritime industrial base elevated a national priority. Action to shore up the big ship, military portion of the equation has been rapid and measurable.
KNUD E. HANSEN to Design Compagnie Maritime Nantaise’s RoRo Vessel
KNUD E. HANSEN is continuing its involvement in the development of Compagnie Maritime Nantaise’s new RoRo vessel that is dedicated to space logistics, following Compagnie Maritime Nantaise and Sogestran's of the signing of the shipbuilding contract with Guangzhou Shipyard International.The vessel has been designed to support the transportation of launch vehicles, satellites, and other sensitive cargoes for the European space industry.
New Leadership for SCA's Industry Partners Committee Announced
The Shipbuilders Council of America (SCA), the national association representing the U.S. shipbuilding, maintenance and repair industry, announced the incoming chairs of its Industry Partners Committee, which represents SCA’s supplier and manufacturer members across the country.John Rhatigan, Chairman of the Marine Machinery Association, is ascending from Vice Chairman to Chairman of the Industry Partners Committee…
Urals Prices Jump to Above $110/Barrel
Prices for Russia's flagship Urals crude at its western ports jumped above $110 per barrel on Tuesday, the highest level since April 2026, according to Reuters calculations based on data from two traders.Higher oil prices boost Russia's budget revenues, which rely heavily on oil and gas income, although elevated freight rates are limiting gains for sellers.Urals crude loaded at Russia's ports of Primorsk URL…
Spain Foresees Higher Energy Prices Due to Iran War
Higher energy prices resulting from the Iran war could add nearly €7.4 billion ($8.5 billion) to Spanish manufacturers' costs through the end of 2026, an industry lobby group said on Wednesday.Of the extra costs stemming from current prices, gas would account for €4.2 billion and electricity for €3.2 billion, with 70% of the impact expected between September and December, the Alliance for the Competitiveness of Spanish Industry said in a statement.The group, which represents 60% of Spain's gross
Shell, Equinor Warn Energy Market is Struggling to Offset Disruptions
Global energy markets face a lengthening period of tight supply and price volatility as the industry's ability to offset disruptions from the Middle East is dwindling, senior executives from Shell and Equinor said on Wednesday.Attacks on oil tankers in the Middle East helped push crude prices towards $110 a barrel this week for the first time since May.
Sofar Ocean Study Links Marine Forecast Gaps with Vessel Rolling
New analysis from Sofar Ocean finds that widely used marine forecasts can miss wave conditions associated with dangerous vessel rolling and cargo losses.Most forecasts tell ships how high waves will be, but height alone doesn't identify the impact on a ship. Wave period and direction, together with the vessel's heading, speed, and loading, can create dangerous rolling even when waves don't appear extreme.Most marine forecasts have limited direct, in-water observations of the full wave field.
HD Hyundai Heavy Industries Receives AIP from KR for 50K LPG Carrier
Korean Register (KR) has granted Approval in Principle (AIP) to a newly developed 50,000-cbm LPG carrier, jointly designed with HD Hyundai Heavy Industries (HHI). The AIP was presented on September 16 at Gastech 2026 in Bangkok, Thailand.LPG carriers require precise control of cargo temperature and pressure to keep LPG cargo stable throughout storage and transport. Achieving both safety and cargo-loading…
