United Maritime, a Nasdaq-listed Greek bulk carrier owner, is selling its stake in a Norwegian joint venture focused on an energy construction vessel. This strategic move aims for a profit of approximately €1.7 million ($15.4 million) and marks a shift in the company’s capital restructuring efforts. The transaction is expected to close by the end of May.
Marcura has acquired Shipdem, a UK firm specializing in chemical tanker laytime and demurrage, enhancing its expertise in managing complex claims. This strategic move, following the acquisition of HubSE, reinforces Marcura’s commitment to expanding its claims management capabilities, ensuring clients benefit from tailored solutions and improved service continuity.
Genevos has joined the EU-supported HELENUS consortium to develop a modular Solid Oxide Fuel Cell (SOFC) power unit for commercial shipping. Spearheading the €15 million initiative, Genevos will create the 100 kW XPM-100 module, aiming for high efficiency and zero emissions, significantly reducing greenhouse gases in marine operations.
Salvors have successfully extracted approximately 1,000 gallons of residual fuel and oily water from the Defiant barge, grounded near San Felipe del Morro Castle in Puerto Rico. Additional equipment is being used to assess the barge’s condition, while a removal plan awaits approval. The situation is being closely monitored to protect the environment.
A UK maritime agency has reclassified an incident involving a vessel and small boats near Yemen’s Aden port as “suspicious activity.” Initially reported as an exchange of gunfire, it was clarified that only warning shots were fired. Vessels in the area are advised to exercise caution amid ongoing investigations.
On February 14, the cargo vessel Diezeborg faced an engine room fire while navigating the Baltic Sea, prompting the Swedish Coast Guard to intervene. The crew extinguished the flames, and no injuries were reported. A tugboat was scheduled to assist, as the ship’s power loss created grounding concerns near Gotska Sandön.
French authorities have allowed the oil tanker GRINCH to leave after the owning company paid a significant fine. This measure aims to enforce sanctions against Russia, preventing it from financing military activities. The GRINCH, suspected of facilitating oil exports, had been detained in the Mediterranean near Marseille.
ClassNK has launched a pilot test with ten Japanese companies for its NK-PASS drawing approval system and the ClassNK 3DViewer, ahead of the 3D Model-Based Approval (3DMBA) debut in spring 2026. This innovative shift from 2D to 3D models enhances visualization, accuracy, and expedites design error identification.
When a ship management company earns recognition for its cybersecurity efforts, the real value lies in daily risk management practices. Anglo-Eastern’s rise to Diamond status highlights a cultural shift in the shipping industry, emphasizing staff awareness as essential for cyber resilience, proving that people are as crucial as technology in mitigating risks.
Last year’s Concentrated Inspection Campaign on ballast water management revealed a shift in compliance failures towards the technical aspects of treatment systems. Charlène Ceresola from BIO-UV Group noted that 46% of detainable deficiencies were linked to these systems, highlighting the need for better maintenance and crew training to avoid costly detentions.
In 2025, Arctic shipping reached a record 1,812 unique vessels, a 40% increase since 2013, driven by declining sea ice. Fishing vessels comprised 40% of this traffic, while crude oil tankers surged by 396%. Key projects like the Mary River Mine and Yamal LNG significantly boosted shipping volumes.
Government officials and maritime experts from several Asian coastal states gathered in Singapore for the inaugural IMO workshop on ships’ routeing and reporting systems. The event aimed to enhance navigational safety and familiarize participants with IMO procedures, focusing on effective implementation amid rising maritime traffic in the region. Key discussions included evaluating existing measures and analyzing traffic patterns.
Yanmar Power Solutions has secured a testing site in Amagasaki City, Japan, for marine hydrogen engines. This strategic move aims to advance powertrains compatible with hydrogen, methanol, and ammonia. Operations are set to begin in March 2029, reinforcing Yanmar’s commitment to sustainable marine technology and innovation in eco-friendly power solutions.
Kongsberg Maritime plans to unify its digital applications under the brand Digital Ocean ahead of its stock listing as an independent company. This restructuring will consolidate legacy systems into a cohesive platform, enhancing maritime operations with tools like KM Performance, aimed at optimizing the entire voyage cycle for safer and smarter navigation.
Major container shipping companies, including CMA CGM, Cosco Shipping Lines, and Regional Container Lines, are revamping their networks in Myanmar to enhance Southeast Asia’s feeder operations. This includes consolidating services and adjusting port calls, significantly impacting trade routes between India and Myanmar, particularly amid changing regional demands.
