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Updated: 19 hours 27 min ago

Second Officer Charged in Containership’s Grounding Near Norwegian Home

Fri, 05/23/2025 - 12:32
A Ukrainian Second Officer has been charged with negligent navigation under Norway’s Ship Safety and Security Act after the containership NCL Salten ran aground near Trondheim on Thursday. The officer,...
Categories: Maritime News

U.S. Coast Guard Releases Footage of Titan Sub’s Final Moments

Fri, 05/23/2025 - 12:21
The U.S. Coast Guard has released footage documenting the final moments of OceanGate’s Titan submersible, capturing the instant the vessel was lost during its descent to the Titanic wreck site....
Categories: Maritime News

Poland Says Key Infrastructure at Risk After Baltic Sea Incident

Fri, 05/23/2025 - 11:35
Polish Prime Minister Donald Tusk warned on Thursday that the Baltic Sea is becoming “a new area of confrontation” with Russia, putting the country’s critical infrastructure increasingly at risk.
Categories: Maritime News

Markets Rattle as Trump Escalates Trade Threats Against EU, Apple

Fri, 05/23/2025 - 09:10
U.S. President Donald Trump threatened on Friday to ratchet up his trade war once again, pushing for a 50% tariff on European Union goods starting June 1 and warning Apple he may slap a 25% levy on all iPhones bought by U.S. consumers.
Categories: Maritime News

North Korea Launches Probe into Warship Launch Fail

Fri, 05/23/2025 - 09:01
North Korea has begun a full-scale investigation into the accident that occurred during the launch of a warship this week, state media KCNA reported on Friday.
Categories: Maritime News

Frontline Posts $33M Profit as Tanker Market Weathers Geopolitical Storms

Fri, 05/23/2025 - 08:54
Frontline plc reported a profit of $33.3 million for the first quarter of 2025, with revenues reaching $427.9 million. The tanker company continues to demonstrate resilience in a market characterized...
Categories: Maritime News

ABS Grants Approval for First U.S. Liquefied CO2 Barge Design

Fri, 05/23/2025 - 08:23
Classification society ABS has awarded approval in principle (AIP) to Overseas Shipholding Group, Inc. (OSG) for its groundbreaking liquefied carbon dioxide (LCO2) barge design. The vessel, designed as an articulated...
Categories: Maritime News

Equinor and Polenergia Secure €7.2 Billion Financing for Major Polish Offshore Wind Projects

Fri, 05/23/2025 - 08:13
Equinor and Polenergia have reached financial close on their Ba?tyk 2 and Ba?tyk 3 offshore wind projects, securing over €6 billion in project financing. The joint venture partners, with equal...
Categories: Maritime News