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McDermott awarded EPCI contract for Al Nasr Field Development Project

Offshore
The Nasr-115 Expansion Project is a critical component of the overall Nasr Phase II Full Field Development project

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Shipbuilding

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Russia-Ukraine War

Finnish Intelligence: Russia will continue attacks on underwater communications in the Baltic Sea

Russia-Ukraine War
Russia is likely to continue its attempts to damage underwater communications networks in the Baltic Sea.

U.S. seizes seventh Russian “shadow fleet” tanker in the Caribbean Sea

General
The U.S. Department of the Treasury imposed sanctions on the firm in January 2025 for transporting Russian crude oil.

Sanctioned Russian ship Mys Zhelaniya brings military cargo to Libya

Russia-Ukraine War
The sanctioned Russian vessel Mys Zhelaniya delivered military cargo to Libya under the protection of a naval warship.

Offshore

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Renewables

Maritime

BSNL and Viasat advance Indian Navy’s SATCOM Modernization Program

Maritime
Companies will support Indian Navy’s major satellite communications upgrade program, marking a major step forward in modernizing the Navy’s connectivity capabilities.

New digital certification system to tackle illegal fishing

Fishing sector
The new system replaces the previous paper-based process and makes import controls for fishery products more effective and harmonised across the EU.

NATO secures hundreds of K-Ster mine neutralization vehicles for European Navies

Maritime
Exail announces a new order worth approximately 40 million Euros for several hundred additional K-Ster mine neutralization vehicles placed via NATO Support and Procurement Agency (NSPA).
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Technology

Italy’s MIT updates cybersecurity measures for domestic ships, ports and port facilities

Cyber Security
A circular has been published which, among other things, introduces staff training
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LR launches stowage solutions to cut container losses and improve ship efficiency

Digitalization
According to the World Shipping Council, 576 containers were lost at sea in 2024 — more than double the previous year.

ABB’s new DP2 functionality delivers major improvement in vessel control during DEME sea trials

Innovations
ABB's Dynamic Positioning Class 2 control solution passes sea trials on board DEME newbuild wind turbine installation vessel Norse Wind

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Arctic & Antarctic

Latest news

McDermott awarded EPCI contract for Al Nasr Field Development Project

Offshore
The Nasr-115 Expansion Project is a critical component of the overall Nasr Phase II Full Field Development project

TSOs unveil new offshore grid plan

Renewables
Offshore TSO Collaboration sets out recommendations for delivering an integrated offshore energy system in the North Seas

d’Amico orders two more MR tankers in China

General
The 50,000-dwt Medium Range 2 units will be built by Jiangsu New Yangzi Shipyard and will enter service in 2029

COSCO Shipping Lines enhances Trans-Atlantic services

Business
Vessels from Salerno will reach New York in just 21 days.

Damen announces contract with Qatari Emiri Navy for two ASD Tugs 3212

NewBuilds
One of the vessels is already under construction and will be delivered later this year.

France detains Indian captain of suspected shadow fleet tanker

Russia-Ukraine War
The EU has imposed 19 packages of sanctions against Russia, but Moscow has adapted to most measures and continues to sell millions of barrels of oil

Stena Connecta joins Belfast fleet

NewBuilds
Uniquely the Stena Futura has two 28×4 metre Norsepower Rotor Sails™

HYDS to build hydrogen electrolyser in the Port of Gothenburg

General
The establishment at the Port of Gothenburg represents a strategic investment in green hydrogen production where there is strong potential for use.

LR’s data shows alarm overload has crossed from nuisance to safety risk

Safety & Regulations
Crews, overwhelmed by the volume of alerts, are forced to silence alarms without acknowledgement or physically bypass alarm circuits

Tanker carrying Venezuelan heavy oil departs to Louisiana, shipping data shows

Offshore
The first cargo going directly to the U.S. as part of a 50-million-barrel supply deal agreed this month between Caracas and Washington.

MOL, TMAM, and Idemitsu Kosan launch Blue Carbon Initiative

R&D
Blue carbon refers to carbon that is sequestered in the seabed and deep ocean through the uptake of atmospheric CO2 by coastal and marine ecosystems via photosynthesis.

Safe Bulkers orders two Kamsarmax vessels from Chinese builder

NewBuilds
Including this agreement, the Company has an outstanding orderbook of eight newbuild vessels, two of which are methanol dual fuel
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