Maritime News
Japan launches $95m subsidy for zero-emission ships
Japan initiates five-year, $95m subsidy programme to promote use of hydrogen, ammonia, methanol, and batteries in newbuildings, aiming to accelerate.
Offshore & Energy
Fire hits Saudi Arabian tanker after attack off key Red Sea oil hub
A Saudi Arabian tanker caught fire after being struck by a projectile 63 nautical miles west of Yanbu, suspected to be an attack by Houthi rebels.
Market & Companies
d’Amico International Shipping acquires medium-range tanker
d’Amico International Shipping exercises purchase option on MT High Discovery, a 50,000 dwt tanker built in 2014, reducing financial leverage.
Market & Companies
CM Technologies launches compact lube oil analyser for ship crews
CM Technologies is set to introduce a new oil analyser at SMM in Hamburg, allowing ship crews to assess lube oil condition quickly on board.
Iron Ore Market Sees Mixed Sentiment, Supply Remains Stable
Iron ore futures and spot prices show mixed movements, with supply remaining stable. Traders remain cautious as steel mills prefer to wait for clearer signals.
Larsen & Toubro wins major offshore contracts from ONGC
Indian engineering firm secures orders worth up to 10,000 crore from Oil & Natural Gas Corporation (ONGC) for pipeline and platform projects. Read the full details.
India gains momentum as Bangladesh ship recycling market faces pressure
A closer look at how improving steel demand in India contrasts with challenges faced by Bangladesh, according to Wirana Shipping.
Iran grants Iraqi oil tankers passage through Hormuz
Iran has permitted a number of Iraqi oil tankers to transit the Strait of Hormuz, easing export disruptions amid ongoing tensions in the region.
DOF lands $15‑25m Caribbean contracts for two AHTS vessels
DOF Group has secured firm, multi‑million‑dollar work for a pair of anchor handling tug supply ships in the CARICOM area, with 150 days of deployment, ROV.
Romanian F‑16s destroy marine drone near Neptun Deep gas platform
This article explains how Romania’s air force eliminated a hostile sea‑borne drone close to the Neptun Deep offshore field, and what the incident reveals.
US Treasury sanctions ten Ecuadorian fishing vessels tied to cocaine trafficking
The United States has blocked a fleet of ten boats operating out of Manta, accusing them of moving thousands of kilos of cocaine each month for Mexican cartels.
Tekmar lands €1 m concrete protection contract for a major European offshore wind farm
Tekmar Group has secured a roughly €1 million deal to design and supply concrete cable‑protection systems for an undisclosed large‑scale offshore wind.
