Business

VESSEL REVIEW | Koru – Japan’s Fresh Carriers to operate new fruit transporter on global routes

Foreign-made terminals that have been used as TCMs on Russian fishing vessels of more than 80 GT and with main engine outputs of over 55 kW were already replaced in the 18 months since May 13, 2024. No operational Russian fishing vessels that meet those two conditions are currently equipped with foreign-made terminals. The transition […]

Regent expects to deliver the first examples of the WIG craft to Synerjet as early as 2029. These will be manufactured at Regent’s new heavily subsidised production facility, which is scheduled to come online within this year. Each of the 10 WIG craft will be fully electrically powered and capable of reaching a cruising speed […]

Plans are being drafted for the ship’s refloating in collaboration with the Swedish Coast Guard, which has also begun conducting an investigation to determine whether the incident was the result of negligence. The 2024-built CL Flanders is owned by Antwerp-based shipping company the Conti-Lines Group. Like her sister ship CL Nogaroshe has been operating primarily […]

The net cash proceeds have been primarily used for the full repayment of the US$1.74 billion project financing and as such materially decreased SBM Offshore’s net debt position. One Guyana has been on-hire since August 2025. It will continue to be operated through what SBM Offshore said is an integrated operations and maintenance model, combining […]

On February 3, the destroyer USS Truxton conducted a fast turnaround from Naval Station Norfolk in order to redeploy to an unknown destination. The next day, she returned to the pier because of an equipment issue, delaying her departure. Last year, Truxton spent seven months on deployment in the Middle East. She returned to Norfolk […]

Just weeks after a major multitonne drug bust off French Polynesia, the French Navy has again seized a large cargo of cocaine from a passing vessel, the latest capture in the increasingly-active South Pacific corridor. On February 2, French Navy forces intercepted a small tanker at an unspecified location off French Polynesia, an archipelago of […]

After two more large-scale busts at sea, the U.S. Coast Guard has raised the tally of cocaine seized under its new enhanced patrol campaign to 200,000 pounds – equivalent to 75 million lethal doses. The milestone was announced at about the same time as the latest strike in the Pentagon’s parallel, lethal-force campaign against the […]

[By:Bureau Veritas] Bureau Veritas Marine & Offshore (BV) today announced the launch of its Gas Center of Excellence in Doha, Qatar, strengthening its commitment to supporting the continued growth of LNG and gas projects worldwide. The Center brings together BV’s expertise in gas carrier operations, classification, and regulatory compliance to deliver integrated, future-ready support across […]

[By: Everllence] Everllence reports that it has received the 2,000th order for a dual-fuel engine from its two-stroke portfolio. COSCO Shipping Lines Co. Ltd. reached the milestone with an Everllence B&W 8G95ME—GI Mk. 10.5 main engine featuring EcoEGR (Exhaust Gas Recirculation) as part of an order for 12 such engines for a series of 12 x 18,000 teu container […]