Persian Gulf shipping once again under critical threat

NYK Invests in USV Startup Oceanic Constellations

NYK recently made an equity investment in Oceanic Constellations Inc. (OC) through a third-party allotment of new shares, funding expected to support OC’s efforts to establish a mass-production framework for unmanned surface vehicles

Read more: %s

Lehmann Marine Provides Battery Systems for Hamburg Electric Harbor Ferries

Lehmann Marine is contributing to the Port of Hamburg's transition towards sustainability by supplying the battery systems for three new, fully electric passenger ferries. This project represents the largest order in the

Read more: %s

LR Advisory, Geogas Trading Improve Operationalization for FuelEU Pooling

Lloyd’s Register (LR) Advisory has been appointed by Geneva-based LPG trader and shipowner Geogas to support the development of a multi-year emissions compliance plan and operationalization of FuelEU pooling, as it prepares for

Read more: %s

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium, through its wholly owned subsidiary Jurong Shipyard, has started arbitration proceedings against Petrobras Netherlands in connection with a legacy contract for the conversion of the P-54 floating production, storage and offloading…

Read more: %s

Valenciaport Sees Record Container Volumes in '25

Spain’s Valenciaport closed the 2025 financial year with higher revenues, sharply improved profitability, and a new record for container throughput, underscoring continued carrier commitment despite a volatile global trade backdrop.Provisional…

Read more: %s

Despite Sea Disputes, Philippines, China Tensions Calm

The Philippines' ambassador to the United States on Tuesday underscored the need to "cool" the temperature with China, after both sides signaled their willingness to set aside tensions in the South China

Read more: %s

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a fleet of 73

Read more: %s

WiseTech Global and Hapag-Lloyd Launch IoT Container Tracking Pilot

Supply chain technology solutions company WiseTech Global has partnered with Hapag-Lloyd to trial the integration of Internet of Things (IoT) technology for real-time global container visibility, tracking and data collection.Hapag-Lloyd’s fleet…

Read more: %s

Korea Advances International Standards for Ammonia Effluent Discharge

While the IMO has established interim guidelines to facilitate the use of ammonia as a marine fuel, international standards governing the safe treatment and discharge of toxic ammonia effluent generated during vessel