Vesselindex Report Shows Fewer Listed Dry Bulk Owners Beat Market in 2025

11 May 2026 | 7:40 pm

Vesselindex has released its annual Performance Report, providing an independent assessment of how listed dry bulk companies perform relative to peers and the broader market in terms of Time Charter Equivalent (TCE) earnings.The report covers…

SeaBot Maritime MASS Remote Operator Training Course Recognized by Maritime and Coastguard Agency

11 May 2026 | 7:33 pm

SeaBot Maritime has had its MASS Remote Operator Training Course assessed and recognized against the latest MGN 703 guidance set out by the Maritime and Coastguard Agency (MCA), following a formal assessment carried out during course delivery at the University of Plymouth's Marine Station.

H&K Services B.V. Acquired by Svanehoj

11 May 2026 | 7:27 pm

The marine pump specialist, Svanehoj, has further expanded its marine service and aftersales business in the Benelux region by acquiring H&K Services B.V., a Dutch company specializing in the service and repair of marine fuel and cargo gas pumps.

Mitsubishi Heavy Industries Completes ‘In-Orbit’ AI Ship Detection Trial

11 May 2026 | 5:40 pm

Mitsubishi Heavy Industries (MHI) has completed an in-orbit demonstration of its AI-based object detection system AIRIS, which identified ships from satellite imagery using a next-generation space-grade microprocessor unit.The AIRIS system, short for Artificial Intelligence Retraining In Space…

Vicinay Marine, Tecnalia Develop Remote Offshore Mooring Corrosion Sensor

11 May 2026 | 5:04 pm

Vicinay Marine and Spanish applied research center Tecnalia have jointly developed a sensor designed to remotely monitor corrosion on offshore mooring lines, aiming to improve the safety, reliability and service life of offshore systems.The…

Berg Propulsion to Supply Systems for India’s Green Tug Pair

11 May 2026 | 4:45 pm

Berg Propulsion has secured a contract to supply propulsion systems and electrical integration technology for two all-electric harbor tugs being built under India’s Green Tug Transition Program.The vessels are under construction by Mumbai-based KMEW Group on behalf of India’s Ministry of Ports…

Fugro Gets Survey Job on Scottish Offshore Wind Farm

11 May 2026 | 3:54 pm

Fugro has been awarded a major geotechnical survey contract by SSE for the Berwick Bank B offshore wind development in the North Sea off Scotland.Berwick Bank B forms part of the wider 4.1 GW Berwick Bank offshore wind project, which is being…

Shell Selects New Wave Offshore for Orca Project in Santos Basin

11 May 2026 | 3:27 pm

New Wave Offshore Energy has been selected by Shell to provide marine warranty survey services for the Orca project in Brazil’s pre-salt Santos Basin.The contract covers marine warranty and assurance services for the offshore development, which…

UK Deploys Warship to Middle East

11 May 2026 | 7:59 am

Britain said on Saturday it was deploying its warship HMS Dragon to the Middle East in preparation for a potential multinational effort to protect shipping in the Strait of Hormuz once conditions allow.HMS Dragon, an air defence destroyer, was sent to the Eastern Mediterranean in March…

Chouest Group Orders Robotic Welder

11 May 2026 | 7:49 am

HD Hyundai Robotics USA has secured an order for its robotic welding solution, ArcLift GO, from Chouest Group Shipyards. Under this contract, robotic welding systems will be supplied to three Chouest Group shipyards in North America, including Louisiana…