Van Oord Receives Hydraulic Engineering Accolades for Offshore Wind Work

Dutch offshore installation firm Van Oord has been awarded the prestigious Jan Agema Award 2025 for its contribution to the offshore wind project Borssele III, IV and V.The jury praised the project

Indonesia Oil Tanker Fire Kills 10, Injures 18

At least 10 people were killed and 18 injured after an oil tanker caught fire early on Wednesday as it was being repaired in Indonesia's Riau Islands province, according to local police.Fire

China Finds Faster Trade Route to Europe with Maiden Arctic Voyage

A Chinese container ship has completed a pioneering journey through the Arctic to a UK port, state-run news agency Xinhua reported, cutting in half the usual transit time for the electric vehicles

China’s Move Against Hanwha Units Seen as Warning, No Immediate Impact

China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean are seen as a warning gesture without immediate impact, and Beijing is unlikely to gain much by expanding them, analysts

US Strike Kills Six Off Venezuela, Trump Says

A U.S. strike on a boat off the coast of Venezuela on Tuesday killed six suspected drug traffickers, President Donald Trump said, the latest such operation in recent weeks as the U.S.

Australian Border Force Seizes Seven Foreign Fishing Vessels

Over the past month, Australian Border Force (ABF) has destroyed seven foreign vessels and detained the crews after they were allegedly caught fishing illegally in waters off northern Australia.Authorities seized a combined

IRPT, EFIP Sign Transatlantic MoU

Inland Rivers, Ports & Terminals, Inc. (IRPT) and the European Federation of Inland Ports (EFIP) announced on October 1 a transatlantic partnership through a Memorandum of Understanding (MOU) focused on modernizing infrastructure,

IMF Warns of a "Disorderly" Global Market Correction Amidst Geopolitical Tensions

Global markets are getting too comfortable with risks like trade wars, geopolitical tensions and yawning government deficits, which, combined with already overpriced assets, increase the chance of a "disorderly" market correction, the

AEGIR-Marine Announces B Corp Certification

AEGIR-Marine has been certified as a B Corporation (B Corp). With this certification, AEGIR-Marine joins other businesses that meet standards of social and environmental performance, accountability and transparency.AEGIR-Marine pursued this…