The NGO Shipbreaking Platform, in collaboration with Sandbag and the University of Tuscia, has released a report highlighting the potential of scrap steel from decommissioned ships to support the European steel industry’s decarbonization. Enhancing ship recycling capacity within the EU is essential for transitioning to low-carbon electric arc furnace technology.
The Federal Maritime Commission (FMC) has finalized two compromise agreements, recovering $1.35 million in civil penalties for Shipping Act violations. Hyundai Glovis, a vessel-operating common carrier, will pay $1.3 million for tariff discrepancies, while Olympiad Line LLC, a non-vessel-operating common carrier, agreed to a $50,000 settlement.
Windward has launched its Remote Sensing Intelligence (RSI) solution, merging advanced analytics with satellite and RF data to enhance global maritime trade and security. This innovative platform provides real-time, actionable insights, enabling stakeholders to verify cargo origins, detect AIS manipulations, and streamline intelligence workflows, ultimately improving operational readiness in the maritime sector.
Bunker Suite has successfully completed its first trial of the Electronic Bunker Delivery Note (E-BDN) on the Lady Clara in Rotterdam, marking a significant advancement in digital maritime operations. This platform replaces traditional paper processes, enhancing efficiency and data integrity while minimizing human error and fraud risks in the industry.
BlueNose, a London-based maritime innovation startup, has secured $460,000 from the U.K. Government’s Clean Maritime Demonstration Competition to enhance aerodynamic efficiency in commercial shipping. Their Project WAVE, in collaboration with lomarlabs, aims to develop inflatable wind-deflector modules, potentially saving operators nearly $1 million annually while reducing emissions.
Seventy projects across Europe will receive over €600 million in EU grants to electrify and decarbonize transport sectors, including road, maritime, and air travel. This initiative will enhance infrastructure with electric charging and hydrogen refueling stations, supporting the transition to zero-emission mobility and improving sustainability across the continent.
The Odia community in London recently celebrated Bali Yatra with a Maritime Heritage Summit at the UK Parliament. This two-day event honored Odisha’s cultural and maritime legacy, featuring discussions on the historical journeys of sailors and their modern significance. Dignitaries emphasized sustainable innovation and the importance of cultural awareness.
The maritime industry is facing transformative changes driven by new regulations and a global commitment to reducing greenhouse gas emissions. In response, DNV and the World Maritime Merchants Forum have released the “Net-Zero Guide,” providing shipowners with actionable strategies for decarbonization, compliance, and enhancing commercial resilience through sustainable practices.
Hong Kong Maritime Week 2025, from November 16 to 22, opened with Chief Executive John Lee addressing urgent maritime challenges. Emphasizing “Navigating to a Greener Future,” he highlighted geopolitical tensions, technological shifts, and climate change. Lee urged collaboration for sustainable shipping, positioning Hong Kong as a vital hub in global maritime efforts.
The ship recycling market is encountering significant challenges, as noted by cash buyer GMS. Despite gains in the Baltic Exchange Dry Index, falling oil prices and a stronger U.S. Dollar have led to declining local steel plate prices. Consequently, demand and vessel offerings have diminished, particularly in Bangladesh and India.
The historic fishing boat, The Incentive, is set to return to Eyemouth after being salvaged from a Polish harbor. Originally built in 1960, it became a local curiosity after sinking in 2016. Restoration efforts, involving students from Gdansk University, aim to preserve its legacy and craftsmanship for future generations.
Allseas’ small modular reactor (SMR) technology could generate $150 billion in economic value for the Netherlands and create 40,000 jobs by 2050. This innovative SMR aims to alleviate grid congestion, enhance energy security, and reduce emissions significantly, marking a strategic advancement in the country’s nuclear energy landscape.
On 17 November 2025, the Maritime and Coastguard Agency (MCA) launched its first Areas of Research Interest (ARI), focusing on emerging technologies like alternative fuels and maritime autonomous surface ships (MASS). This initiative aims to connect maritime researchers, businesses, and government, addressing critical trends and enhancing safety and skills for seafarers.
Iran’s Revolutionary Guards have seized the tanker Talara in the Gulf for allegedly violating cargo regulations while transporting high-sulfur gasoil to Singapore. U.S. officials confirmed the interception, redirecting the vessel into Iranian waters. This marks Iran’s first tanker seizure since recent U.S. and Israeli strikes, escalating tensions in the region.
Serbia has secured a three-month license from the U.S. to find a buyer for its Russian-owned oil company, NIS, amid sanctions threatening winter fuel supplies. The Russian firms Gazprom Neft and Gazprom, owning 56% of NIS, are open to transferring ownership, having submitted requests to the U.S. Treasury.
