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DNV and Wilhelmsen Launch Independent Maritime Software Company

DNV and Wilhelmsen Launch Independent Maritime Software Company

DNV is launching a new independent maritime software company with stand-alone management designed to focus on the changes within the space. The new company, to be known as CFARER, builds from the pr...

Ukraine Claims to Steal Secrets of Russia's Newest Ballistic-Missile Sub

Ukraine Claims to Steal Secrets of Russia's Newest Ballistic-Missile Sub

  Ukraine's intelligence service says that it has gotten hold of an extensive set of secret files about the nuclear ballistic missile submarine Knyaz Pozharsky, Russia's newest Borei-A class sub. I...

German Tender for Offshore Wind Without Subsidy Attracts No Bids

German Tender for Offshore Wind Without Subsidy Attracts No Bids

  The German agency that oversees the country’s offshore wind energy development confirmed that there were no bids in the most recent auction. It was Germany’s second auction of the year, but unlik...

Trump Doubles Tariff on India for Buying Russian Oil

Trump Doubles Tariff on India for Buying Russian Oil

  President Donald Trump has announced that India's tariff rate will be doubled to 50 percent as a penalty for continuing to import Russian oil (and an added incentive to reach a comprehensive trad...

U.S. Coast Guard Completes Long-Range Rescue in Gulf of Alaska

U.S. Coast Guard Completes Long-Range Rescue in Gulf of Alaska

  On Friday, a U.S. Coast Guard helicopter aircrew rescued four crewmembers from a sinking vessel at a remote location in the Gulf of Alaska, far from help.  At about 1017 hours Friday, Coast Gu...

HD Hyundai Wins First Repair Project from U.S. Military Sealift Command

HD Hyundai Wins First Repair Project from U.S. Military Sealift Command

Competition continues to build for work under the U.S.’s MRO (Maintenance, Repair, and Overhaul) contracts, with HD Hyundai Heavy Industries reporting it has won its first assignment. The company re...

Maersk Containership and SFL Car Carrier Collide in Danish Straits

Maersk Containership and SFL Car Carrier Collide in Danish Straits

  The containership Maersk Gironde and the car carrier SFL Composer collided late on Tuesday, August 5, as the two vessels were making their way through a busy section of the Danish Straits. The Da...

Iraq Detains Liberian-Flagged Tanker in Oil Smuggling Crackdown at Basra

Iraq Detains Liberian-Flagged Tanker in Oil Smuggling Crackdown at Basra

  The Iraqi Navy has launched a crackdown on possible oil smuggling and other illegal activities by tankers in the country’s waters. They have reportedly detained at least one tanker after it faile...

Sanctions and Oil Price Pressures Build on Russian Revenues

Sanctions and Oil Price Pressures Build on Russian Revenues

  Russia is facing multiple threats to its ability to finance its war on Ukraine, with pressures about to become much worse. For the first time since Russia invaded Ukraine for the second time in F...

Open Hatch Likely Caused Sinking of 122-Foot Yacht in Chesapeake Bay

Open Hatch Likely Caused Sinking of 122-Foot Yacht in Chesapeake Bay

  A pair of partially-open aft hatches likely caused the flooding and sinking of the yacht Lovebug on the Chesapeake Bay last year, according to the NTSB.  On the afternoon of July 27, 2024, the...