VIKING delivers solid results amid market uncertainty

Tennessee-Tombigbee Waterway Development Authority Elects Governor Tate Reeves as 2026 Chairman

The Tennessee-Tombigbee Waterway Development Authority has elected Governor Tate Reeves of Mississippi to serve as Chairman for 2026. Governor Reeves will lead the four-state interstate compact as it advances economic development, freight

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Brim Explorer Orders Two Battery-Powered Trimarans

Tourism and technology company Brim Explorer has signed contracts for the construction of two efficient, battery-powered passenger vessels. The high-speed trimarans are scheduled for delivery in spring 2027.The two new trimarans have

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Jotun-Coated Vessels See 11.8m Tons of Avoided CO₂ Emissions

Jotun, a leading manufacturer of marine coatings, reported an estimated 11.8 million tons of avoided CO₂ emissions for vessels coated with its products in 2025, an increase from 11.1 million tons from

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Transneft Cuts Crude Oil Intake After Ukrainian Drone Attack

Russia's oil pipeline monopoly Transneft has cut crude intake into its system by some 250,000 barrels per day after a Ukrainian drone attack on its Kaleykino pumping station on Monday, two sources

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First Venezuela Oil Cargoes Chartered Since US Supply Deal

Trading houses and buyers of Venezuelan oil have chartered the first very large crude carriers (VLCCs) to export from the South American country since a Caracas-Washington supply deal began, which is set

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Hoyer VMS Group Strengthens Chinese Presence with Headquarters Expansion

Hoyer VMS Group, a global partner for power and motion solutions at sea, is expanding its Asian headquarters in Ningbo, China. The 3,800 square meters warehouse and workshop expansion enhances Hoyer VMS

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Silk Searoad Appoints V. for Bulk, Tanker Fleet Management

V., the global ship manager and marine services provider, has announced a new partnership with Greek shipowner Silk Searoad Maritime S.A for the technical management of their bulk and tanker fleet of

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Freire Signs Deal with Sweden’s FMV for Four Naval Support Vessels

Spanish shipbuilder C.N.P. Freire has signed a contract with the Swedish Defence Materiel Administration (FMV) to construct four naval support vessels.The 47-meter vessels will be designed for naval support missions and built

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NorthStandard Partners Signol to Support Crew-Led Decarbonization

Marine insurer NorthStandard has entered a two-year partnership with behavior change specialist Signol to offer members discounted access to a crew-focused decarbonization service aimed at reducing fuel consumption and emissions.Under the agreement…