South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE) has secured a contract valued at approximately USD 121 million to construct a very large gas carrier (VLGC) for a European shipowner. This project, expected for delivery in the first half of 2028, adds to the company’s growing portfolio of gas carrier contracts.
The commission’s revision is pivotal for advancing the European Ocean Pact, emphasizing ocean preservation and sustainable management. The upcoming European Ocean Act aims for a cohesive governance approach. Public input will be sought in early 2026, with consultations open until March 9, encouraging stakeholder engagement in ocean sustainability efforts.
Bureau Veritas has partnered with thirty European companies from the nuclear and maritime sectors to advance nuclear technology in maritime applications. This initiative, formalized in a declaration signed in Paris, aims to address challenges and promote sustainable energy solutions, emphasizing the significance of small modular reactors for decarbonization efforts.
On Monday, a Frontex vessel sank off Lesvos during a search for migrants after their boat from Turkey encountered difficulties. Rough seas caused the patrol boat to strike a rock, leading to flooding. Six crew members were rescued, while authorities continue to search for four missing individuals. An investigation is underway.
On May 14, the Netherlands unveiled the Carbon Destroy 1, the first European-designed carrier for liquefied CO2. This vessel, built at Royal Niestern Sander shipyard, can transport 5,000 tons of CO2, supporting the Greensand Future project. It aims to create a “virtual pipeline” for CO2 storage beneath the North Sea.
European wind developers are urging governments to protect the industry, facing challenges in competitiveness and security. The EU aims for wind to contribute 35% of electricity by 2035, leading countries to expand renewable energy, particularly offshore wind. Developers want at least 100GW worth of CfDs auctioned over ten years to address issues.
Two river cruise accidents in Europe, one on the Rhine in Germany and another in the Szczecin Lagoon of Poland. The collisions between cruise ships and cargo ships caused significant damage, impacting travelers who rely on specialized medical facilities and accessibility features. Investigations are underway to determine the causes of these incidents.
