The global economy is bracing for renewed turbulence following U.S. President Donald Trump’s announcement on Wednesday of sweeping new tariffs, triggering fears of a global trade war and sparking immediate market and political reactions.According to the White House, the new measures include a 10% minimum tariff on most imported goods, with certain products - particularly those from major U.S. trade partners like China…
Nigeria's state oil firm NNPC announced a joint venture with Swedish tanker giant Stena Bulk and Nigerian offshore logistics leader Caverton Marine to overhaul maritime transportation in West Africa.The newly formed company will streamline crude oil…
James Fisher and Sons, a global provider of specialist services to the energy, marine and defense industries, has launched new legal entity in Japan, reinforcing its long-term commitment to Japan and its footprint in North East Asia.The move…
Subsea Global Solutions, an underwater maintenance and repair services specialist, has named Eric Smith as Chief Commercial Officer (CCO).With a career spanning leadership roles in maritime operations, commercial management, and strategic business development…
Shell has contained the oil leak from its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, following the shut down of facilities to investigate the source of the leak.Efforts by Shell to locate the source of the leak in the oil processing unit are ongoing…
Shell has shut down one of its oil processing units at the Shell Energy and Chemical Parks at Pulau Bukom in Singapore, to facilitate investigation into a suspected leak in the system, Singapore's Maritime and Port Authority (MPA) and National Environment Agency (NEA) said…
ABL Group has entered into an agreement to acquire Brazil-based naval architecture and engineering consultancy Proper Marine, increasing its expertise in floating production storage and offloading (FPSO) sector.Proper Marine will be merged with ABL’s design and engineering arm Longitude…
Energy and marine consultancy ABL has expanded its global presence with a new office in New Zealand, to support the country’s growing maritime and offshore energy markets.The ABL New Zealand office will be led by experienced maritime professional Morwenna Vye…
Offshore drilling contractor Noble Corporation has selected ABS Wavesight’s eLogs electronic logbooks for digital recordkeeping across its entire fleet of offshore assets.ABS Wavesight eLogs offers a comprehensive and streamlined approach to recordkeeping for both the maritime and offshore industry…
Singapore-based shipbuilder Strategic Marine has signed a significant contract with Mainprize Offshore for the construction of six Supa Swath vessels, with an option for an additional six vessels.The Supa Swath vessels are designed to meet support a wide range of maritime activities…
In the first half of 2024, the volume of cybersecurity incidents involving infostealers has increased significantly, and maritime victims have been no exception.Infostealers are a type of malware designed to steal sensitive information from an infected system…
What drives cyber attackers and what are their main motives for malicious online activities? Who are the most prominent attackers in the maritime industry and how do they do it?According to the report from Marlink’s Security Operations Center on cyber security threats…
During the first half of the year, Marlink’s Security Operations Center actively monitored more than 1800 vessels across the maritime industry, including cargo ships, cruise liners, research vessels, superyachts, tankers, and offshore support vessels…
A few months after the announcement of the acquisition of REVERE Survival in Jacksonville, LALIZAS announced the establishment of LALIZAS Canada, effectively enhancing the company’s presence in the Americas.Miguel Norato has been appointed as the Country Manager of LALIZAS Canada…
Damen Shipyards Group has developed a new concept for offshore charging for fully electric crew transfer vessels (CTVs) operating at offshore wind farms.The system envisages a fully electric CTV which can charge either at offshore wind turbine…
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