Odfjell Announces “Resilient” Financial Result

Odfjell SE has reported its results for the first quarter of 2025, showing a resilient financial result despite the increased market uncertainty due to the initial U.S. trade tariffs announcement.The Odfjell Group

Uruguay's Ancap to Launch Bidding for Natural Hydrogen Exploration by Year-End

Uruguay's state-run energy firm Ancap plans to launch a bidding round for natural hydrogen exploration and development by the end of the year, with offers expected in 2026, executives said on Wednesday.Ancap is also

Salvage to Begin in Italy for Mike Lynch's Yacht After Fatal Sinking

The recovery of British tech tycoon Mike Lynch's superyacht from the waters of northern Sicily is expected to begin in the coming weeks to help shed light on how a supposedly unsinkable vessel disappeared into

Israel Aerospace Industries to Sell Autonomous Submarines to Greek Navy

State-run Israel Aerospace Industries (IAI) said on Wednesday it signed a deal to sell its BlueWhale autonomous submarine system to the Greek Navy.IAI did not disclose financial details.BlueWhale is a large uncrewed

Resolve Academy Holds 19th Annual Damage Control Olympics

Fort Lauderdale – Resolve Academy, a provider of maritime training, hosted its 19th annual Damage Control Olympics on April 29. The spirited competition of shipboard firefighting and vessel flooding exercises were designed

KVH Launches CommBox Edge Secure Suite for Cybersecurity Threat Detection & Response

KVH Industries, Inc. unveiled the newest expansion to its CommBox Edge Communication Gateway–the Secure Suite threat detection and response service. Focused on detecting, preventing, and reporting cybersecurity threats, CommBox Edge Secure Suite…

BIMCO: Brazilian Grain Shipments Up 9% as China Seeks US Alternative

Between January and April 2025, Brazilian grain shipments rose 9% y/y, supported by strong Chinese purchasing, according to Filipe Gouveia, Shipping Analysis Manager at BIMCO.The ramp-up in exports has been supported by

North Star Takes Delivery of its First CSOV (Video)

North Star has officially named its first commissioning service operation vessel (CSOV), the Grampian Kestrel.The vessel was named at a ceremony at VARD’s shipyard in Vard Langsten in Norway on May 6.The

Wärtsilä Introduces CCS Solution for Maritime Industry

Technology group Wärtsilä has made its carbon capture solution (CCS) commercially available to the global maritime industry, aimed at accelerating the decarbonization of shipping.According to Wärtsilä’s tests, the new ‘Wärtsilä Carbon capture…