Wednesday, November 26, 2025
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The Kaskida FPU, the basis for the design of the Tiber FPU (Courtesy Seatrium)

BP Moves Ahead With Tiber Field's FPU at Seatrium

Published Nov 26, 2025 2:57 PM by The Maritime Executive

  BP is moving forward with its Tiber development with a contract to build the floating production unit (FPU) at Seatrium, the Singaporean offshore yard formed by the merger of Sembcorp Marine and Keppel Offshore in 2023.   The Tiber unit is a near-sister of the Kaskida FPU, which was awarded in December 2024. Tiber will share about 85 percent of the design of the Kaskida floating platform, saving money when compared to the traditional practice of clean-sheet design for...

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Chiquita Voyager

Fire Breaks Out Aboard Boxship at Port of Wilmington

Published Nov 26, 2025 1:27 PM by The Maritime Executive

[Breaking] Three seafarers have reportedly been injured in a fire aboard a boxship at the port of Wilmington, Delaware, according to local media. At about 0930, the crew of the container ship Chiquita Voyager reported a fire in the engine room. The blaze started with a generator and grew in size, according to local First State Update. Two crewmembers were initially reported missing. The Wilmington Fire Department responded to the scene and deployed multiple units, including ladder trucks...

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Sevastopol Crimea

Ukraine Sanctions 56 Vessels for Exporting Food Crops from Occupied Ports

Published Nov 26, 2025 12:35 PM by The Maritime Executive

Ukraine is continuing its efforts to increase pressure on Russia, with the latest action being the imposition of sanctions on vessels exporting grain and other food crops from the occupied ports in Crimea. It follows previous actions that have included seizing ships that entered the closed ports, as well as the prosecution of the captain of vessels accused of exporting crops and other materials from Crimea. President Volodymyr Zelenskyy signed the decree on November 25 following action by...

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Courtesy USCG

Four People Survive for 20 Hours Aboard Upturned Catamaran

Published Nov 25, 2025 11:33 PM by The Maritime Executive

On Tuesday morning, the U.S. Coast Guard rescued four people from the upturned hull of a pleasure vessel about 26 miles off the coast of Clearwater, Florida. The boat's passengers had been stranded at sea for about 20 hours overnight. The four family members aboard the boat got under way on Monday at about 0930 hours, planning to return in the afternoon. At about 2100 hours on Monday night, a family member ashore contacted the Coast Guard and...

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Offshore

larger hybrid offshore support vessel

CMB.TECH and Damen to Build Larger, Hybrid Offshore Support Vessel

  Citing the strong demand and need for advanced capabilities for the offshore sector, CMB.TECH’s offshore services division, Windtech, and Damen unveiled designs for a larger, hybrid CSOV. Windtech has ordered one of the vessels and has options for five additional ships. The new class is to be known as the Innovation Series, and it will combine larger open deck space with a subsea crane and hybrid power and fuel efficiency. The companies report that the design builds on the...

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Shipbuilding

USCG vessel under construction

GAO Repeats Criticism of the USCG Program to Build Offshore Patrol Cutters

The Government Accountability Office has issued a new report on the U.S. Coast Guard’s program to build the Offshore Patrol Cutters and once again has criticized the approach and ballooning costs of the program. It is the third report developed by the GAO on the program and reiterates many of the same concerns that were raised in 2023, while also pointing out that no ships have yet been delivered and the uncertainties in the program. The new audit...

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Environment

Arctic melting ice

Op-Ed: Arctic States Have Less Than Two Weeks to Act on Polar Fuels

  The Arctic is warming four times faster than anywhere else on Earth, and this is a warning sign for elsewhere on the planet. The shipping sector has been gifted an opportunity to cut black carbon emissions from shipping in the region, which would have a near-immediate positive impact. But time is tight. December 5th is the deadline for countries to submit a crucial proposal for polar fuels, ahead of next February’s meeting of the International Maritime Organization’s Pollution Prevention and...

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Business

Zim containership in port

Zim Board Confirms Review of “Strategic Alternatives” After Buyout Proposal

  Container shipper Zim, which ranks at number 10 by global capacity, confirmed that its board is undertaking a “strategic review of alternatives.” It has been underway for the “past several months,” the company said in a statement confirming that it has multiple proposals in addition to a proposed management-led buyout. The board said that it is considering potential value creation alternatives, including a sale of the company and capital allocation and return opportunities. Reports surfaced in August that long-time...

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