News

One of South Korea's policy banks has made a significant investment in clean power company Amogy, which is designing a system to run hydrogen fuel cells with an ammonia fuel source. 

After months of effort, salvors have removed the majority of the bunker fuel aboard the stricken boxship MSC Baltic III, substantially reducing the risk of pollution. 

In a story broken by Lloyds List and Yemeni journalists, evidence has emerged that the Houthi administration in Yemen is siphoning off crude oil from an oil storage facility maintained by the United Nations off Ras Isa.

Ukraine’s National Agency for Tracing and Asset Management (ARMA) reported the completion of the sale of a controversial Russian tanker that was alleged to have been involved in a 2018 incident in which Russia arrested Ukrainian Navy sailors. The vessel was seized the following year and was sold to raise cash for Ukraine’s economy.

The Kerala High Court in India held its first hearing related to India’s nearly $1.1 billion compensation claim related to the sinking of the MSC Elsa 3 off the coast of India in late May. MSC’s lawyers called the claims “highly exaggerated,” while lawyers for the state government said the extent of the damages is “incalculable and continuing.”

The Department of Homeland Security has canceled orders for the third and fourth Offshore Patrol Cutters at Eastern Shipbuilding Group, citing delays and cost growth. The Coast Guard had already put the third and fourth hulls on hold, even though early stages of work had started on both of them. 

OrbitMI recognizes that the full potential of maritime digitalization requires more than individual innovation. True transformation depends on collaboration among owners, operators, software vendors, OEMs, and industry bodies to establish shared technology standards, improve interoperability, and promote effective data exchange.

China's embassy in New Zealand attempted to suppress a public screening of a documentary about Philippine fishermen, according to producers of a film festival in Auckland.  

The Port of Hamburg announced a series of new projects that will be undertaken to enhance operations and modernize and expand terminal operations, especially for the largest containerships. It comes as the port continues to experience strong competition and needs to support the growth in the size of containerships.

The crew of the bulker Eternity C was forced into the Red Sea from their ship after multiple attacks by the Houthis left the ship without propulsion, severely damaged, and sinking. The situation remains confused with multiple rescue efforts, but it appears as many as 14 or 15 crewmembers, along with some of the security personnel from the vessel, are unaccounted for pending additional updates.

eCap Marine secured two contracts to supply hydrogen-based propulsion systems for zero-emission vessels. The Hamburg-based engineering specialist will deliver hydrogen power solutions for bulk carriers for Møre Sjø and short-sea container vessels for Samskip

In September 2023, Irish authorities received intelligence indicating a planned handoff from the bulker Matthew to the small trawler Castlemore at a designated transfer point off the coast of Cork.

The Kerala State Government in India followed through on its earlier assertions and filed a compensation claim in the courts against MSC for damages as a result of the loss of the MSC Elsa 3 off the coast in late May.

Once one of the leading shipbuilders in South Korea, the former STX Yard, which was relaunched as K Shipbuilding, is celebrating a remarkable turnaround. According to a report in The Korean Economic Daily, after having posted its first profit in 14 years, the investment group with revived the shipbuilder is now looking to cash out.

Five years after taking over the decommissioning process of the Northern Endeavour FPSO, the Australian government has finally awarded the recycling contract to Danish company Modern American Recycling Services Europe (MARS)

South Korean shipbuilding leader HD Hyundai has signed up with Indian shipbuilding giant Cochin Shipyard on a deal to share design work, technology and equipment supply chains. The agreement also provides for workforce training programs. 

A newly built inland dry goods vessel, Blue Marlin, was named last week in Hamburg, Germany, and became the world’s first hybrid solar-power inland shipping vessel, as well as receiving a designation for remote-controlled operations.

Dutch maritime solar innovator Wattlab has delivered a solar energy system for HGK Shipping's inland shipping cargo vessel Blue Marlin. Representing a major technical milestone and step forward for sustainable inland shipping, the vessel's 192 solar panels will provide power to both the onboard and propulsion systems,

Kindly note the Alang Vessels/Beaching Position for the period from 01/04/2025 to 30/06/2025 as detailed below. Ship Demolition, shp breaking at India Alang, Ship Recycling in Bangladesh Chittagong

A Danish court has found that although the master of a tanker acted with negligence in an anchor-dragging incident that severed a subsea power cable, the shipping company’s liability is limited.