HavocAI Adds $85 Million in New Capital to Scale Autonomy Capabilities

HavocAI, a developer of maritime autonomous systems, has secured $85 million in new capital.The funding comes from new investors B Capital, In-Q-Tel, Lockheed Martin, Hanwha, Taiwania, Vanderbilt University, Up Partners, Island Green

Trident Maritime Systems Divests UK Subsidiary

Trident Maritime Systems, a maritime systems and solutions provider and portfolio company of J.F. Lehman & Company (JFLCO), has announced the divestiture of Trident Maritime Systems UK Limited and its subsidiaries, including

Oldendorff to Reduce Iron Ore Trade Emissions

Salzgitter Flachstahl and Oldendorff Carriers have entered into a long-term agreement to reduce carbon emissions in the maritime transport of iron ore, marking a further step toward decarbonizing Salzgitter’s steel supply chain.Starting

Green Shipping Fuel Producers Call on IMO to Adopt NZF Deal

20 leading green fuel producers are calling on IMO delegates to seize a ‘once-in-a-generation’ opportunity to set shipping on a sustainable pathway.At this week’s extraordinary session, leaders will come together in London

Fratelli Cosulich Group Launches New Chemical Bunker Tanker

On October 9, 2025, the Fratelli Cosulich Group launched Maya Cosulich — the world’s first methanol-powered IMO II chemical bunker tanker — at Taizhou Maple Leaf Shipyard.The ceremony was attended by Ms.

China’s Sinopec Reroutes Supertanker from US-Sanctioned Port

The latest U.S. sanctions on a major Chinese crude oil terminal have forced refining group Sinopec to divert a supertanker and ask some plants to cut crude processing rates, according to ship

Reach Remote 1 USV Cleared for Fully Remote Operations

Norwegian subsea services firm Reach Subsea has been granted a trading permit to operate its Reach Remote 1 Uncrewed Surface Vessel (USV) entirely through remote operations - without a support vessel.The permit

Sea1 Offshore Finds Work for its PSV off Brazil

Sea1 Offshore, formerly Siem Offshore, has secured a new contract for its platform supply vessel (PSV) Sea1 Atlas.The contract for Sea1 Atlas PSV is in Brazil and has a duration of three

Ship Recyclers Face Unpredictable Steel Plate Prices

In ship recycling, where even a day can make an incredible difference (the summer of circa 2006 when India lost about USD 100/Ton overnight due to a collapse in steel prices, for