# Cyprus Shipping News > Generated by All in One SEO v5.0.2.1, this is an llms.txt file, used by LLMs to index the site. Providing Daily world-wide shipping news! ## Sitemaps - [XML Sitemap](https://cyprusshippingnews.com/sitemap.xml): Contains all public & indexable URLs for this website. ## Posts - [HMM invest KRW 2 trillion in Newbuild Fleet](https://cyprusshippingnews.com/2026/10/22/hmm-invest-krw-2-trillion-in-newbuild-fleet/): HMM has announced that it placed a newbuilding order for eight 13,000 TEU containerships with HD Hyundai. The eight newbuildings will be built to LNG dual-fuel specifications, with the total contract value amounting to approximately KRW 2 trillion. Under the contract, the vessels will be built by HD Hyundai Heavy Industries and HD Hyundai Samho, - [The human cost of sending merchant mariners into war zones extends far beyond the immediate danger of missiles and drones. It raises a harder question: who is really protecting the seafarer?](https://cyprusshippingnews.com/2026/10/22/the-human-cost-of-sending-merchant-mariners-into-war-zones-extends-far-beyond-the-immediate-danger-of-missiles-and-drones-it-raises-a-harder-question-who-is-really-protecting-the-seafarer/): Who protects the seafarer? I have spent much of my professional life at sea. I am a Master Mariner. I have stood on the bridge, made decisions in the middle of the night, dealt with emergencies, managed crews and sailed vessels in difficult conditions. Today, I am on the other side of the table. I - [LD Armateurs World’s largest RoRo vessel fitted with Norsepower Rotor Sails](https://cyprusshippingnews.com/2026/10/22/ld-armateurs-worlds-largest-roro-vessel-fitted-with-norsepower-rotor-sails/): Norsepower, the global leader in wind-assisted propulsion for commercial shipping, announced the completion of an historic installation. The Spirit of Toulouse, owned and operated by LD Armateurs, now carries six Norsepower Rotor Sails™ — the highest number fitted to any RoRo vessel— working alongside dual-fuel methanol engines to cut fuel consumption. LD Armateurs and Norsepower - [SES Space & Defense launch demo payload supporting NASA communications services plan](https://cyprusshippingnews.com/2026/10/22/ses-space-amp-defense-launch-demo-payload-supporting-nasa-communications-services-plan/): SES Space & Defense , a wholly owned subsidiary of SES, has successfully launched a demonstration payload aboard Planet Labs PBC’s Pelican-12™ satellite, in support of NASA’s Communications Services Project . The launch took place October 20, 2026, at 7:04 a.m. ET aboard the Bandwagon-5 rideshare mission with SpaceX from Cape Canaveral Space Force Station - [Beyond Technical Skills: WISTA Cyprus explores the human side of leadership](https://cyprusshippingnews.com/2026/10/22/beyond-technical-skills-wista-cyprus-explores-the-human-side-of-leadership/): WISTA Cyprus hosted The Art of Leadership & Emotional Mastery, an interactive workshop held on 15 October at the Alasia Hotel in Limassol, bringing members together for an engaging experience focused on leadership, emotional intelligence and communication. Facilitated by Sofia Rizou, Founder of the Seafarers Boost Method and Director at Maritime & Healthcare Group, the - [World’s first commercial ship-to-ship green ammonia bunkering completed in China](https://cyprusshippingnews.com/2026/10/22/worlds-first-commercial-ship-to-ship-green-ammonia-bunkering-completed-in-china/): The FKAB-designed L21 ammonia carrier Shenghang Yongle has successfully supplied 1,000 tonnes of green ammonia to the ammonia-powered bulk carrier Mineral Europa in Zhoushan, China. The operation moves ammonia bunkering from technical readiness to commercial ship-to-ship delivery and helps close an infrastructure gap in shipping’s transition away from fossil fuels. A liquefied gas carrier originally - [Construction Begins on Japan's largest Hydrogen Liquefaction Plant with a liquefaction capacity of 50 tons per day](https://cyprusshippingnews.com/2026/10/22/construction-begins-on-japans-largest-hydrogen-liquefaction-plant-with-a-liquefaction-capacity-of-50-tons-per-day/): Toward the Establishment of a Commercial-Scale Liquefied Hydrogen Supply Chain Kawasaki Heavy Industries, announced that it has started construction of a hydrogen liquefaction plant at the Kawasaki LH2 Terminal . With a liquefaction capacity of 50 tons per day, the Plant will significantly exceed the largest liquefaction capacity publicly announced in Japan to date, which - [Viasat delivers major capacity boost across the United States for JetXP business aviation customers](https://cyprusshippingnews.com/2026/10/22/viasat-delivers-major-capacity-boost-across-the-united-states-for-jetxp-business-aviation-customers/): Premium service now delivers five times more capacity in the world’s largest business aviation market, enhancing the in-flight connectivity experience for private jet travelers Viasat , a global leader in satellite communications, announced that its JetXP in-flight connectivity solution now delivers five times more capacity in the United States for business aviation customers using Honeywell - [EU Innovation Fund awards EUR 223 million to Aker BP and Höegh Evi for the Atlas CO2 transport and storage project](https://cyprusshippingnews.com/2026/10/22/eu-innovation-fund-awards-eur-223-million-to-aker-bp-and-hoegh-evi-for-the-atlas-co2-transport-and-storage-project/): Aker BP and Höegh Evi have been awarded EUR 223 million from the European Union Innovation Fund for the Atlas Project, a large-scale CCS network connecting European industry with permanent CO2 storage on the Norwegian Continental Shelf. Atlas combines regional CO₂ aggregation, large-scale low-pressure maritime transport and offshore storage. CO₂ will be aggregated at regional - [Seabourn introduces a culinary philosophy bringing destinations to life through food,flavor and discovery](https://cyprusshippingnews.com/2026/10/22/seabourn-introduces-a-culinary-philosophy-bringing-destinations-to-life-through-foodflavor-and-discovery/): Earth & Ocean, a culinary philosophy by Seabourn, combines local inspiration, global gourmet ingredients and culinary exploration at sea and ashore Key Highlights Earth & Ocean philosophy pairs locally inspired menus with exceptional gourmet ingredients selected from around the world. Guests will encounter regional flavors through onboard dining and other programming at sea and ashore. - [Exxon Mobil produced one billion barrels Guyana's remarkable journey continues](https://cyprusshippingnews.com/2026/10/22/exxon-mobil-produced-one-billion-barrels-guyanas-remarkable-journey-continues/): ExxonMobil and its co-venturers have produced the 1 billionth barrel of oil from Guyana’s Stabroek block, less than seven years after first production began in December 2019. Guyana has become one of the world's fastest-growing energy producers, helping meet rising global energy demand while supporting economic growth locally. The achievement reflects the dedication of thousands - [Intermodal Report Week 42 2026](https://cyprusshippingnews.com/2026/10/22/intermodal-report-week-42-2026/): Pls find below the Intermodal Report - Week 42 2026 Intermodal Report Week 42 2026 - [Allied Weekly Market Review Week 42](https://cyprusshippingnews.com/2026/10/22/allied-weekly-market-review-week-42-4/): Pls find below the Allied - Weekly Market Review - Week 42 ALLIED - Weekly Market Report- Week 42 - [EU Arctic Strategy NGOs welcome EU ambition on on cutting shipping’s Arctic Black Carbon Emissions](https://cyprusshippingnews.com/2026/10/22/eu-arctic-strategy-ngos-welcome-eu-ambition-on-on-cutting-shippings-arctic-black-carbon-emissions/): Responding to today’s publication of the EU’s Arctic Strategy, which definitively states the EU’s intention to support International Maritime Organization (IMO) regulations that would regulate the impacts of black carbon emissions from ships on the Arctic, Dr Sian Prior, Lead Advisorto the Clean Arctic Alliance said: “With a proposal for mandatory regulation for ‘polar fuels’ - - [The final quarter of 2026 is expected to see softer bauxite flows](https://cyprusshippingnews.com/2026/10/22/the-final-quarter-of-2026-is-expected-to-see-softer-bauxite-flows/): Chinese front-loading is expected to have run its course, pointing to softer bauxite flows in 2026 Q4. Global bauxite flows increased by 2.8% y/y in September. Flows arriving in China increased by 21.2% y/y in September Flows arriving in the UAE fell by over 60.0% in September. Bauxite arriving in India declined by 37.0% y/y - [West Coast gasoline imports hit five-year high after refineries went dark: CAS](https://cyprusshippingnews.com/2026/10/22/west-coast-gasoline-imports-hit-five-year-high-after-refineries-went-dark-cas/): HIGHLIGHTS India emerges as third-largest fuel supplier in 2026 Import sources expand from 11 to 15 nations Mexico receives 65% of regional fuel exports Nearly a year after Phillips 66 permanently shut its 139,000 b/d Wilmington, California refinery, the US West Coast fuel market has undergone a structural shift in its import sourcing and export - [Discover the world in 119 nights 'MSC Cruises' 2029 world cruise invites guests on an extraordinary global journey](https://cyprusshippingnews.com/2026/10/22/discover-the-world-in-119-nights-msc-cruises-2029-world-cruise-invites-guests-on-an-extraordinary-global-journey/): Bookings are now open for the 2029 MSC World Cruise, inviting guests to explore 45 destinations in 21 countries across 119 nights without having to repack their suitcase. With 9 overnight calls and 15 included excursions, guests can go beyond the port and immerse themselves in local culture and experiences. Highlights include a rare circumnavigation - [Loss of bridge control: Human failure is normal - context is key](https://cyprusshippingnews.com/2026/10/22/loss-of-bridge-control-human-failure-is-normal-context-is-key/): When bridge control is lost in a functioning system, it can be easy to blame human error. But accidents rarely happen because of one mistake alone. Procedures, system design, fatigue, workload, communication and established ways of working can all set people up to fail. Understanding context is key to preventing the next accident. As investigators - [BW LPG announces sale of BW Loyalty](https://cyprusshippingnews.com/2026/10/22/bw-lpg-announces-sale-of-bw-loyalty/): BW LPG announced that its 52%-owned subsidiary, BW LPG India, has entered into an agreement to sell the 2008-built BW Loyalty for continued trading. On a 100% basis, the sale of BW Loyalty is expected to generate a gain on disposal of approximately US$52 million. Net cash proceeds are expected to be approximately US$66 million, - [From 78° North to the top Funken Lodge named Norway’s Leading Boutique Hotel 2026](https://cyprusshippingnews.com/2026/10/22/from-78-north-to-the-top-funken-lodge-named-norways-leading-boutique-hotel-2026/): At 78° North, surrounded by Arctic wilderness and overlooking the small town of Longyearbyen, Funken Lodge has been named Norway’s Leading Boutique Hotel 2026 at the World Travel Awards. The recognition celebrates not only a hotel, but the people, history and distinctive spirit of Svalbard that shape every stay. There are few hotels quite like - [Sedna and Nereus bring daily bunker prices for more than 450 ports into the conversations behind voyage decisions](https://cyprusshippingnews.com/2026/10/22/sedna-and-nereus-bring-daily-bunker-prices-for-more-than-450-ports-into-the-conversations-behind-voyage-decisions/): From HSFO and VLSFO to LNG and biofuel, chartering and operations teams can now check today's bunker prices without leaving Sedna. Sedna, the Intelligent Operating System for Shipping, has partnered with Nereus, the intelligence platform for bunker and lubricants procurement, to bring bunker market prices into the conversations behind voyage decisions. The Nereus Bunker Indication - [Danish Shipping announces the transport of live animals by sea new rules should improve safety for animals, seafarers and the environment](https://cyprusshippingnews.com/2026/10/22/danish-shipping-announces-the-transport-of-live-animals-by-sea-new-rules-should-improve-safety-for-animals-seafarers-and-the-environment/): Revised rules on the transport of live animals by sea are being negotiated in the EU. Danish Shipping wants to ensure good animal welfare, seafarer safety and a level playing field for everyone transporting animals by sea in the EU. EU Member States are making progress in negotiations on new rules for the transport of - [Eni receives UNEP’s “Gold Standard reporting” for the third consecutive year for its commitment to methane emissions reporting](https://cyprusshippingnews.com/2026/10/22/eni-receives-uneps-gold-standard-reporting-for-the-third-consecutive-year-for-its-commitment-to-methane-emissions-reporting/): For the third consecutive year, Eni has received the “Gold Standard reporting” designation from the Oil and Gas Methane Partnership 2.0 (OGMP 2.0) for its commitment to reporting emissions with the highest levels of data quality. OGMP 2.0 is an initiative of the United Nations Environment Programme (UNEP) that aims to set the global standard - [DP World Foundation and Belewan new container terminal mark groundbreaking of AED 3.7 million school project in Indonesia](https://cyprusshippingnews.com/2026/10/22/dp-world-foundation-and-belewan-new-container-terminal-mark-groundbreaking-of-aed-3-7-million-school-project-in-indonesia/): Classrooms of Hope initiative expands to Belawan, Medan with a new junior high school designed to provide modern learning facilities and greater access to quality education. DP World Foundation, the philanthropic arm of DP World, together with Belawan New Container Terminal , has marked the groundbreaking of a new AED 3.7 million junior high school - [Chapman Freeborn named Air Charter Broker of the Year at Payload Asia Awards 2026](https://cyprusshippingnews.com/2026/10/22/chapman-freeborn-named-air-charter-broker-of-the-year-at-payload-asia-awards-2026/): Chapman Freeborn has been named Air Charter Broker of the Year at the 13th Payload Asia Awards, held on 19 October at the Four Seasons Hotel Singapore. Latha Narayan, Chapman Freeborn’s President – APAC, accepted the award on behalf of the company. The award recognises Chapman Freeborn’s expertise in managing complex and time-critical cargo charter - [RAD expands European presence with new French partner KENT Group](https://cyprusshippingnews.com/2026/10/22/rad-expands-european-presence-with-new-french-partner-kent-group/): RAD, the British marine technology company, has appointed KENT Marine Equipment, part of KENT Group, as a partner to supply and integrate RAD electric propulsion in France. The partnership adds the RAD 40 (40 kW) electric outboard to the leading French distributor’s propulsion offering, aimed at the most demanding professional applications. KENT Marine Equipment supplies - [Family businesses Amer Shipping and Van de Graaf & Meeusen establish Belgian chartering office TriBarge](https://cyprusshippingnews.com/2026/10/22/family-businesses-amer-shipping-and-van-de-graaf-meeusen-establish-belgian-chartering-office-tribarge/): New office in Antwerp focuses on Belgian and French shippers and offers a broad range of inland shipping solutions based on its own assets. The first newbuild vessel, the Porta Sud, is on order. Inland shipping companies Amer Shipping BV and Van de Graaf & Meeusen BV have established an independent Belgian chartering office: TriBarge. - [ABP appoints new head of commercial for Humber](https://cyprusshippingnews.com/2026/10/21/abp-appoints-new-head-of-commercial-for-humber/): Associated British Ports, the UK’s largest port operator, has appointed Sandrine Lagrost as its new Head of Commercial for the Humber, joining the business on 2 November 2026. Sandrine joins ABP from UPS, where she serves as Sales Director for the UK, Ireland and Nordics and is a member of the Executive Committee. She brings - [Mintra reaches 15,000 vessel milestone as demand for Digital Workforce Solutions grows](https://cyprusshippingnews.com/2026/10/22/mintra-reaches-15000-vessel-milestone-as-demand-for-digital-workforce-solutions-grows/): Mintra announced that more than 15,000 customer vessels are now using its digital training and workforce management solutions, marking a significant milestone in the company’s growth. The announcement was made at Mintra’s Forum event ahead of Crew Connect Global 2026. The milestone marks significant growth for Mintra's business, with its training and OCS HR solutions - [Wärtsilä engines selected for two additional inland waterway tugs in Brazil](https://cyprusshippingnews.com/2026/10/22/wartsila-engines-selected-for-two-additional-inland-waterway-tugs-in-brazil/): Technology group Wärtsilä will supply the engines for two new inland waterway pusher tugs being built by Brazilian shipyard Estaleiro Rio Maguari. The vessels, each of which will be powered by three Wärtsilä 20 engines, will support the river logistics operations of LHG Mining on the Paraguay-Paraná waterway. This is one of South America's most - [Commodity Radar | Spotlight: Bauxite - Week 43.2026](https://cyprusshippingnews.com/2026/10/21/commodity-radar-spotlight-bauxite-week-43-2026/): The final quarter of 2026 is expected to see softer bauxite flows Chinese front-loading is expected to have run its course, pointing to softer bauxite flows in 2026 Q4. Global bauxite flows increased by 2.8% y/y in September. Flows arriving in China increased by 21.2% y/y in September Flows arriving in the UAE fell by - [Disconnected systems and AI hype are driving digital fatigue in shipping, warns OrbitMI](https://cyprusshippingnews.com/2026/10/22/disconnected-systems-and-ai-hype-are-driving-digital-fatigue-in-shipping-warns-orbitmi/): OrbitMI calls for technology and a second wave of AI that is truly collaborative and connects with existing workflows and keeps people in control Shipping’s drive to digitalise risks slowing itself down as fragmented software, weak digital training and growing pressure to adopt artificial intelligence add complexity to operational and commercial decisions, according to OrbitMI. - [Connected Fleets under Siege: Navigating Geopolitical Cyber Threats and Modern Maritime IT](https://cyprusshippingnews.com/2026/10/21/connected-fleets-under-siege-navigating-geopolitical-cyber-threats-and-modern-maritime-it/): An exclusive CSN interview between Adonis Violaris and Dr Matthew Maheras As commercial shipping becomes ever more digitally integrated, the industry finds itself operating at the crossroads of complex geopolitical friction and unprecedented connectivity. High-speed Low Earth Orbit (LEO) satellite networks, operational technology integration, and cloud-based services have transformed fleet efficiency, yet they have simultaneously - [Update on the Independent Eversheds investigation and Ofgem’s technical review of energy system operations during extreme heat](https://cyprusshippingnews.com/2026/10/21/update-on-the-independent-eversheds-investigation-and-ofgems-technical-review-of-energy-system-operations-during-extreme-heat/): Ofgem has received NESO’s account of electricity system events during the week commencing 22 June, set out in the preliminary report commissioned by Ofgem under the Terms of Reference published in July. The factual account provided by NESO establishes the sequence of events and notable actions taken during the week and provides the foundation for - [Nexans and Vesto partner to scale electrical cable recycling and reuse in construction](https://cyprusshippingnews.com/2026/10/21/nexans-and-vesto-partner-to-scale-electrical-cable-recycling-and-reuse-in-construction/): Nexans is expanding CableLoop, its electrical cable collection and recycling service, through a partnership with Vesto, a French company specializing in the reconditioning of professional equipment and the organization of reuse flows. The partnership makes it easier for construction professionals in France to return scrap cables, even in small volumes. It also lays the groundwork - [Veson Nautical partners with Seaber to accelerate pre-fixture optimisation in IMOS](https://cyprusshippingnews.com/2026/10/21/veson-nautical-partners-with-seaber-to-accelerate-pre-fixture-optimization-in-imos/): Maritime data and technology provider Veson Nautical and scheduling and optimization company Seaber today announced a new integration to connect voyage workflows, enabling an optimized plan to become a live estimate in one step. The integration connects Veson’s flagship solution IMOS with Seaber’s scheduling and optimization platform, removing a manual hand-off between planning and commitment. - [Eni completes the Bouri Gas utilisation project in Libya, one of the country’s key initiatives for associated gas recovery and emissions reduction](https://cyprusshippingnews.com/2026/10/21/eni-completes-the-bouri-gas-utilisation-project-in-libya-one-of-the-countrys-key-initiatives-for-associated-gas-recovery-and-emissions-reduction/): Eni, in partnership with Libya’s National Oil Corporation (NOC) through the joint venture Mellitah Oil & Gas, announces the completion of the Bouri Gas Utilization Project (GUP), with start-up procedures now underway, enabling the recovery of associated gas produced from the Bouri field, located in Libya’s western offshore area. The project involved the construction and - [PETRONAS and Petrovietnam strengthen Strategic Partnership to advance Vietnam’s Energy Future](https://cyprusshippingnews.com/2026/10/21/petronas-and-petrovietnam-strengthen-strategic-partnership-to-advance-vietnams-energy-future/): PETRONAS and Vietnam National Industry – Energy Group (Petrovietnam) have further strengthened their partnership with the signing of a Strategic Alliance Agreement (SAA), marking a new milestone in 35 years of collaboration and reaffirming their shared commitment to advancing energy security, sustainability and long-term value creation. The agreement establishes a forward-looking framework for both organisations - [Transocean announces contract awards totalling $550 Million](https://cyprusshippingnews.com/2026/10/21/transocean-announces-contract-awards-totalling-550-million/): Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced contract awards for two of its ultra-deepwater drillships in the U.S. Gulf. In aggregate, the fixtures represent approximately $550 million in firm contract backlog. The Deepwater Proteus was awarded a ten-well contract with an undisclosed operator in the U.S. Gulf. The estimated 700-day campaign is expected to contribute - [Japan’s flawed shipping proposal leaves developing countries adrift](https://cyprusshippingnews.com/2026/10/22/japans-flawed-shipping-proposal-leaves-developing-countries-adrift/): A new analysis by Opportunity Green warns governments of the wide-ranging risks posed by Japan’s proposal at the International Maritime Organization , ahead of adoption negotiations on the Net-Zero Frameworkthis November and December in London. Japan’s latest proposal for changes to the NZF would significantly alter the agreed policy architecture, undermining even further the chances - [Japan IMO attempt to weaken the IMO Net-Zero Framework](https://cyprusshippingnews.com/2026/10/21/japan-imo-attempt-to-weaken-the-imo-net-zero-framework/): Japan has put forward a proposal to the International Maritime Organization to remove the Net-Zero Fund and put shipping companies in control of maritime finance. Our briefing highlights the many risks this would trigger – including shifting control of maritime revenues and weakening finance for a just and equitable transition Background Japan’s submission to the - [Fund for Energy Efficiency Technologies FEET finances first two wind-assisted projects with Eastern Pacific Shipping](https://cyprusshippingnews.com/2026/10/21/fund-for-energy-efficiency-technologies-feet-finances-first-two-wind-assisted-projects-with-eastern-pacific-shipping/): The Global Centre for Maritime Decarbonisation, AIM Horizon Investments, and Eastern Pacific Shipping announced the financing for two wind-assisted propulsion systems projects through the Fund for Energy Efficiency Technologies , marking the fund’s first deployment. FEET is the world’s first fund to link verified fuel and regulatory savings from EETs installed on vessels to a - [ESI 2.0 prompts ports to rethink environmental incentive schemes](https://cyprusshippingnews.com/2026/10/21/esi-2-0-prompts-ports-to-rethink-environmental-incentive-schemes/): Port of Aarhus sets new 20-point threshold as updated methodology reflects changing environmental priorities in shipping The updated Environmental Ship Index is prompting ports to review how they reward better environmental performance, as the new methodology brings vessel scoring more closely in line with the environmental priorities shaping shipping . Developed and owned by IAPH - [Possible further delay to road transport’s inclusion in EU ETS causes serious concern](https://cyprusshippingnews.com/2026/10/21/possible-further-delay-to-road-transports-inclusion-in-eu-ets-causes-serious-concern/): Interferry, the global trade association representing the ferry shipping industry, is raising serious concerns over the current state of EU Emissions Trading System (ETS) negotiations and the persistent regulatory imbalance unfairly penalizing maritime transport. As member states push to further delay the EU ETS2 framework for road transport, ferry operators face an ongoing competitive disadvantage - [AST SpaceMobile advances Space-Based Cellular Broadband in Europe in collaboration with European Mobile Network Operator Partners](https://cyprusshippingnews.com/2026/10/21/ast-spacemobile-advances-space-based-cellular-broadband-in-europe-in-collaboration-with-european-mobile-network-operator-partners/): Collaboration among Europe’s four largest mobile network operators expected to accelerate network integration, expand coverage and improve connectivity for the citizens of Europe Dedicated European-operated ground infrastructure and BlueBird satellite capabilities support service readiness across more than 500 million mobile subscribers AST SpaceMobile, Inc., the company building the first and only space-based cellular broadband network - [Nokia and SoftBank Corp agree to conduct commercial AI-RAN field trial in Japan](https://cyprusshippingnews.com/2026/10/21/nokia-and-softbank-corp-agree-to-conduct-commercial-ai-ran-field-trial-in-japan/): Companies will conduct an AI-RAN field trial in Japan in 2027 in a commercial network environment under commercial traffic conditions Planned deployment will validate key AI-RAN capabilities using Nokia anyRAN software with the SoftBank AITRAS platform including the Orchestrator Nokia announced an agreement with SoftBank Corp. to conduct a commercial AI-RAN field trial in Japan - [Ericsson hosts Sweden-Singapore trusted tech declaration](https://cyprusshippingnews.com/2026/10/21/ericsson-hosts-sweden-singapore-trusted-tech-declaration/): Ericsson President and CEO, Per Narvinger, has welcomed a joint declaration between the governments of Sweden and Singapore to boost cooperation on trusted and innovative technologies. The ‘Joint Declaration on Strategic Cooperation on Trusted and Innovative Technologies’ was signed today at Ericsson’s Stockholm headquarters in the presence of the King of Sweden, His Majesty King - [xclusiv S&P Report 19th October 2026](https://cyprusshippingnews.com/2026/10/21/xclusiv-sp-report-19th-october-2026/): Pls find below the [xclusiv] S&P Report 19th October 2026 [xclusiv] 2026_10_19 - [Glencore achieves land access for the Coroccohuayco project at Antapaccay](https://cyprusshippingnews.com/2026/10/21/glencore-achieves-land-access-for-the-coroccohuayco-project-at-antapaccay/): Antapaccay, a Peruvian entity controlled by Glencore, has completed the access agreements required for the last blocks of land to unlock the brownfield Coroccohuayco copper project located in Espinar, Cusco. The project team will now work towards securing the final permits to enable first production, which is expected in H2 2029. Coroccohuayco is projected to - [Euroseas announces a new time charter contract for its 2001-built 2,556 teu Feeder Containership, M/V EM Corfu, and the sale of its sister vessel, M/V Evridiki G](https://cyprusshippingnews.com/2026/10/21/euroseas-announces-a-new-time-charter-contract-for-its-2001-built-2556-teu-feeder-containership-m-v-em-corfu-and-the-sale-of-its-sister-vessel-m-v-evridiki-g/): Euroseas an owner and operator of container carrier vessels and provider of seaborne transportation for containerized cargoes, announced a new time charter contract for its 2,556 teu feeder containership, M/V EM Corfu, built in 2001, for a minimum period of 12 to a maximum period of 14 months, at the charterer’s option, at a gross - [Alfa Laval launches new MaxiLobe rotary lobe pumps for higher efficiency and uptime, with lower total cost of ownership](https://cyprusshippingnews.com/2026/10/21/alfa-laval-launches-new-maxilobe-rotary-lobe-pumps-for-higher-efficiency-and-uptime-with-lower-total-cost-of-ownership/): A higher standard for demanding hygienic processes Manufacturers in the dairy, food, beverage, home and personal care, and pharmaceutical industries are under constant pressure to improve efficiency, maximize uptime and reduce the total cost of ownership. The Alfa Laval MaxiLobe and MaxiLobe UltraPure pump ranges address these priorities through higher volumetric efficiency, a broader operating - [ATPI Greece marks 50 years at the heart of global crew changes](https://cyprusshippingnews.com/2026/10/21/atpi-greece-marks-50-years-at-the-heart-of-global-crew-changes/): Five decades supporting the Greek and global shipping community 35% of ATPI’s marine business now managed from Greece More than 130 professionals supporting clients across every major maritime time zone ATPI Greece is marking its 50th anniversary this month, recognising half a century of supporting the Greek and global shipping community and the growth of - [AD Ports Group reports progress in reducing the emissions intensity of operations in 2025](https://cyprusshippingnews.com/2026/10/21/ad-ports-group-reports-progress-in-reducing-the-emissions-intensity-of-operations-in-2025/): 6% reduction in emissions intensity driven by increasing operational efficiencies, and use of solar energy, low-impact fuels, and electric vessels - 10,303 tonnes of waste diverted from disposal in 2025 through recycling - 23% increase in recycling of non-hazardous waste versus 2024 AD Ports Group, a leading global enabler of integrated trade, industry and - [KR launches Pilot Service of Cyber Resilience Platform to support IACS UR E26 compliance](https://cyprusshippingnews.com/2026/10/21/kr-launches-pilot-service-of-cyber-resilience-platform-to-support-iacs-ur-e26-compliance/): Digital platform supports ship cyber resilience compliance and more efficient class surveys KR marked the launch of the pilot service of KR Cyber Resilience Platform , a cyber resilience management platform developed by KR, with an event at the Wyndham Grand Busan on October 13. Nearly a hundred participants attended, including executives from leading Korean - [Ohio manufacturer Advanced Polymer Coatings expands maritime team with new hires in Middle East and Europe](https://cyprusshippingnews.com/2026/10/21/ohio-manufacturer-advanced-polymer-coatings-expands-maritime-team-with-new-hires-in-middle-east-and-europe/): Ohio manufacturer Advanced Polymer Coatings is strengthening its maritime team with two new hires in the Middle East and Europe. James Kennedy will lead regional sales in the Middle East with a focus on the Gulf Cooperation Council countries - Saudi Arabia, United Arab Emirates, Qatar, Bahrain, Kuwait, and Oman. And Mark Isherwood will head - [Non-Cyber Extortion Incident Involving 38 Maritime Companies Likely traces Back to a Single Vendor](https://cyprusshippingnews.com/2026/10/20/non-cyber-extortion-incident-involving-38-maritime-companies-likely-traces-back-to-a-single-vendor/): On 12 October 2026, the cyber extortion group n0n listed a batch of 38 maritime organizations on its dark web leak site. The targets include shipping companies, port terminal operators, container operation companies, logistics companies, ship managers and agents, and other maritime-related companies in 18 countries. The listings carry ransom demands ranging from USD 400 - [SKF accelerates hybrid bearing leadership with new Ceramic Process Laboratory](https://cyprusshippingnews.com/2026/10/21/skf-accelerates-hybrid-bearing-leadership-with-new-ceramic-process-laboratory/): SKF has announced the opening of its new state-of-the-art Ceramic Process Laboratory at its R&D Centre in Houten, The Netherlands. This capability strengthens SKF’s technology leadership across the complete ceramic manufacturing value chain, from raw material powder processing to high-performance component engineering, boosting the global adoption of advanced hybrid bearing technology. As industries transition toward - [Danica urges Shipping Industry to manage crew turnover, not just retention](https://cyprusshippingnews.com/2026/10/21/danica-urges-shipping-industry-to-manage-crew-turnover-not-just-retention/): Shipping companies need to pay as much attention to managing crew turnover as they do to retaining seafarers if they are to maintain safe and efficient vessel operations, according to Henrik Jensen, founder and CEO of Danica Crewing Specialists. Speaking ahead of this week's Crew Connect Global 2026 in Manila (20-22 October), Mr Jensen warned that - [Wärtsilä expands its role in major Brazilian power plant projects to full engineering and construction delivery](https://cyprusshippingnews.com/2026/10/20/wartsila-expands-its-role-in-major-brazilian-power-plant-projects-to-full-engineering-and-construction-delivery/): Technology group Wärtsilä has broadened its role in seven power plant projects under two contracts for Brazilian energy company Origem Energia, expanding previously announced engine supply to also include process engineering, procurement and construction (EPC) activities above ground level. The equipment supply contractswere booked in Q1 and Q2 2026, while the process EPC order was - [PD Ports strengthens its commitment to the River Tees with multi-million pound Marine investment](https://cyprusshippingnews.com/2026/10/20/pd-ports-strengthens-its-commitment-to-the-river-tees-with-multi-million-pound-marine-investment/): PD Ports has officially opened a new multi-million-pound Marine facility on the banks of the River Tees, reinforcing its long-term commitment to the river, its users and the wider economy it supports. The purpose-built facility at Cargo Fleet Wharf, within Teesport Commerce Park, in Middlesbrough, provides a permanent base for the teams responsible for maintaining - [Ethanol debut for WinGD as Maersk vessel makes landmark US bunkering and voyage](https://cyprusshippingnews.com/2026/10/20/ethanol-debut-for-wingd-as-maersk-vessel-makes-landmark-us-bunkering-and-voyage/): WinGD has recorded the first in-service operation of its X-DF-M/E alcohol fuel engine platform on ethanol fuel, following a successful bunkering and voyage in the US. The 9,000 TEU container ship Tangier Maersk, owned by the Maersk shipping line, successfully sailed from Houston to New York on ethanol fuel.. The vessel took on the bunker - [Singapore’s VLSFO and LSMGO prices rise over the weekend, HSFO inches up by ENGINE](https://cyprusshippingnews.com/2026/10/20/singapores-vlsfo-and-lsmgo-prices-rise-over-the-weekend-hsfo-inches-up-by-engine/): Singapore price changes on the day to 12.00 SGT (04.00 GMT) today from Friday: VLSFO price up $21/mt to $930/mt LSMGO price up $37/mt to $1,315/mt HSFO price up $4/mt to $900/mt Recent trends: VLSFO gains over the weekend LSMGO climbs over the weekend HSFO edges up over the weekend Source: ENGINE by Shilpa Sharma - [InterManager warns enclosed space deaths demand urgent industry action](https://cyprusshippingnews.com/2026/10/21/intermanager-warns-enclosed-space-deaths-demand-urgent-industry-action/): InterManager has called for urgent industry action on enclosed space safety after its latest research highlighted persistent failures in procedures, training, leadership and accident prevention. The organisation has recorded 354 enclosed space accidents over the past 30 years, between 1996 and 2026, across tankers, bulkers, general cargo ships, passenger vessels, containerships and other vessel types. Its - [ONE backs solar-powered clean water project for 2,900 people in Nigeria](https://cyprusshippingnews.com/2026/10/20/one-backs-solar-powered-clean-water-project-for-2900-people-in-nigeria/): Ocean Network Express (ONE) today announced the expansion of its partnership with Project Maji, a pan-African safe water social enterprise, in Nigeria. Following joint projects in Ghana and Kenya, ONE is now funding Project Maji’s first project in Nigeria, bringing a sustainable water solution to the underserved Pegi community. Recognising the pressing need for safe - [Sweco awarded framework agreements worth SEK 500 million for high-security facilities in Sweden](https://cyprusshippingnews.com/2026/10/20/sweco-awarded-framework-agreements-worth-sek-500-million-for-high-security-facilities-in-sweden/): Sweco has won three framework agreements with property company Specialfastigheter with an estimated combined order value of approximately SEK 500 million. The agreements cover feasibility studies, design, and project and construction management for properties used by the Swedish Prison and Probation Service, the Swedish Police Authority and the courts, all of which have stringent requirements - [Finland nuclear and wind expansion to drive clean power surge, says GlobalData](https://cyprusshippingnews.com/2026/10/20/finland-nuclear-and-wind-expansion-to-drive-clean-power-surge-says-globaldata/): Finland is reinforcing its position as one of Europe’s lowest-carbon electricity markets, supported by the full commercial integration of the Olkiluoto 3 nuclear power plant, the early completion of its coal phase-out, and the rapid expansion of onshore wind and solar PV. As industrial electrification, data center growth, and electric heating lift electricity demand, the - [Banyan Software welcomes Carus, a global leader in ferry reservation and port operations software](https://cyprusshippingnews.com/2026/10/20/banyan-software-welcomes-carus-a-global-leader-in-ferry-reservation-and-port-operations-software/): Carus Ferry Ab Ltd, a provider of reservation, check-in and port operations software for ferry and passenger shipping operators, is pleased to announce that they have been acquired by the Canadian software investor Banyan Software, a leading acquirer and operator of mission-critical software businesses. Founded in 1987 and headquartered in Mariehamn on the Åland Islands, - [Maritime leaders head to Shanghai for the Annual Summit 2026](https://cyprusshippingnews.com/2026/10/20/maritime-leaders-head-to-shanghai-for-the-annual-summit-2026/): Shared seas, shifting horizons Maritime trade stands at a turning point. The rules-based order on which shipping has long depended is under extreme pressure. Trade patterns and key commodity value chains are being disrupted not only by armed conflicts that threaten the core principles of international law but also by rising protectionism and regional concentration. - [KLine opens a Singapore New Hub for Consolidated Ship Management and Maritime Talenτ](https://cyprusshippingnews.com/2026/10/20/kline-opens-a-singapore-new-hub_6th-october-2026-special-edition/): Three Companies, One Roof — Singapore's New Hub for Consolidated Ship Management and Maritime Talenτ A ceremony for around 280 guests sets the stage for a "broader Asia" built on ship management and people. On October 6, 2026, Kawasaki Kisen Kaisha, held the opening ceremony for its new Singapore office at Keppel South Central, consolidating three - [Indian Register of Shipping grants type approval to Medha Energy’s 92 kWh LTO Lithium-Ion battery system](https://cyprusshippingnews.com/2026/10/20/indian-register-of-shipping-grants-type-approval-to-medha-energys-92-kwh-lto-lithium-ion-battery-system/): Indian Register of Shippinghas successfully completed the Type Approval process for the 92 kWh Lithium-Ion Battery System developed by M/s Medha Energy Solutions Private Limited, marking a significant milestone in the development and adoption of advanced battery technologies in India. The system uses Lithium Titanate Oxide (LTO) technology and is the first large-capacity LTO battery - [ASA explores measures to Safeguard Free and Safe Navigation at Critical International Maritime Chokepoints](https://cyprusshippingnews.com/2026/10/20/asa-explores-measures-to-safeguard-free-and-safe-navigation-at-critical-international-maritime-chokepoints/): The Asian Shipowners’ Association which accounts for 56% of the world’s fleet capacity and consists of China, Cook Islands, Hong Kong, Japan, Korea and ASEAN countries, held its 39th Chairmen’s Meeting in Tokyo on 15 October 2026. In response to the continuing closure of the Strait of Hormuz, ASA members reaffirmed the followings The closure - [MASO Academy to host The Power of the Leader online workshop on 12 November](https://cyprusshippingnews.com/2026/10/20/maso-academy-to-host-the-power-of-the-leader-online-workshop-on-12-november/): MASO Academy will host “The Power of the Leader”, a live online workshop delivered in Greek by Sotiris Papadopoulos, Founder of MASO Public Affairs, on Thursday, 12 November 2026, from 18:00 to 21:00 Cyprus and Greece time. The three-hour workshop will explore leadership presence, communication and influence in everyday professional situations. It is designed for - [World’s First Commercial Ship-to-Ship Green Ammonia Bunkering Completed in Zhoushan, Zhejiang, China](https://cyprusshippingnews.com/2026/10/20/worlds-first-commercial-ship-to-ship-green-ammonia-bunkering-completed-in-zhoushan-zhejiang-china/): On October 13, 2026, the world’s first commercial ship-to-ship bunkering of green ammonia fuel was completed at an anchorage in Zhoushan Port, Zhejiang Province, China. A total of 1,000 tonnes of green ammonia from the HyFlow-1 Songyuan Hydrogen Energy Industrial Park project, of China Energy Engineering Group (Energy China), was loaded through the dedicated liquid - [Faster Ballast, Slower Laden: VLCC Supply Signals Diverge](https://cyprusshippingnews.com/2026/10/20/faster-ballast-slower-laden-vlcc-supply-signals-diverge/): This week’s Tanker Market Monitor examines divergence in VLCC sailing speeds, regional vessel supply, and freight earnings. In the Arabian Gulf, ballast vessels are accelerating while laden ships are slowing, with no clear improvement in overall voyage turnaround. Meanwhile, the western VLCC ballast surplus has narrowed, in contrast to rising ballast numbers East of Suez. - [AVS+ targets fragmented vessel procurement with centralised fleet management platform](https://cyprusshippingnews.com/2026/10/20/avs-targets-fragmented-vessel-procurement-with-centralised-fleet-management-platform/): AVS Global Ship Supply has developed AVS +, a digital platform designed to give ship managers greater visibility and control over vessel procurement by bringing ordering, expenditure, inventory and operational records into a single system. The platform addresses a common challenge in maritime procurement, where orders, quotations, invoices and operational information can be spread across emails, - [AMS Barging christens 9,000 m³ methanol-ready tanker Felicitas as fleet continues to grow](https://cyprusshippingnews.com/2026/10/20/ams-barging-christens-9000-m³-methanol-ready-tanker-felicitas-as-fleet-continues-to-grow/): Dutch inland shipping company AMS Barging has christened its new diesel-electric tanker Felicitas at Noordereiland in Rotterdam. Liv and Julie, daughters of AMS Barging co-owner Igor Jansen, performed the naming ceremony. The 135-metre tanker was designed by RensenDriessen Shipbuilding and fitted out by Den Breejen Shipyard. With a cargo capacity of approximately 9,000 m³, Felicitas - [Van Oord receives IADC Safety Award 2026 for innovative pipe lifting tool](https://cyprusshippingnews.com/2026/10/20/van-oord-receives-iadc-safety-award-2026-for-innovative-pipe-lifting-tool/): Van Oord is proud to announce that it has received the International Association of Dredging Companies (IADC) Safety Award 2026 for its innovative pipe lifting tool, developed to improve safety and efficiency during reclamation pipe handling operations. The award was presented during the IADC Annual General Meeting in Malta. The IADC Safety Award recognises innovative - [DORIC WEEKLY INSIGHT 16 OCTOBER 2026](https://cyprusshippingnews.com/2026/10/19/doric-weekly-insight-16-october-2026/): Please find below the DORIC Market Insight for the week ending 16th October 2026. Weekly Report 16.10.2026 - [Maritime safety depends on human factors and leadership, not procedures alone](https://cyprusshippingnews.com/2026/10/19/maritime-safety-depends-on-human-factors-and-leadership-not-procedures-alone/): Interim survey findings point to a gap between seafarers’ perceptions of risk and injury data Seafarers may misjudge when and where they are most at risk on board, according to experts speaking at a maritime safety and human factors panel in London recently. The discussion explored how fatigue, stress and leadership culture affect safety and - [Maritime piracy incidents remain at historic lows despite Somali piracy concerns](https://cyprusshippingnews.com/2026/10/20/maritime-piracy-incidents-remain-at-historic-lows-despite-somali-piracy-concerns/): The ICC International Maritime Bureau (IMB) has reported the lowest level (51) of piracy and armed robbery incidents since 1992 in the first nine months of 2026. However, a recent resurgence of Somali piracy incidents highlights the continued risks facing seafarers, with IMB urging vigilance, timely reporting and strict adherence to Best Management Practices (BMP). - [Pangolin Voyager named World’s Best and Africa’s Best River Cruise Ship at the World Cruise Awards 2026](https://cyprusshippingnews.com/2026/10/21/pangolin-voyager-named-worlds-best-and-africas-best-river-cruise-ship-at-the-world-cruise-awards-2026/): The solar-electric trimaran houseboat, operating from the Namibian side of the Chobe River, has won both the global and African titles at the sixth annual World Cruise Awards. Pangolin Photo Safaris is proud to announce that the Pangolin Voyager has been named World’s Best River Cruise Ship 2026 and Africa’s Best River Cruise Ship 2026 - [The propulsion technology powering the marine energy transition](https://cyprusshippingnews.com/2026/10/19/the-propulsion-technology-powering-the-marine-energy-transition/): The marine industry is under increasing pressure to future-proof fleets, balancing the need to reduce emissions and improve efficiency. Propulsion technology is becoming a strategic differentiator rather than simply a component of vessel design. ABB is at the forefront of this transition, developing propulsion and electrification technologies that enable vessel operators to reduce fuel consumption, - [Regatta for Peace one of the largest ever in Cyprus](https://cyprusshippingnews.com/2026/10/19/regatta-for-peace-one-of-the-largest-ever-in-cyprus/): Cyprus will host the first European stop on a global sailing journey leading up to the 2027 America’s Cup in Naples. More than 120 sailors aboard 23 boats will take to the sea off Cyprus today, for the Regatta for Peace, bringing together sailing, international friendship and the shared maritime heritage of Cyprus and Italy. - [EuroDry announces order for the construction of a third modern 82,000 DWT Kamsarmax Bulk Carrier](https://cyprusshippingnews.com/2026/10/20/eurodry-announces-order-for-the-construction-of-a-third-modern-82000-dwt-kamsarmax-bulk-carrier/): EuroDry , an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced that it has signed a contract with Hengli Shipbuilding for the construction of a third 82,000 DWT Kamsarmax bulk carrier. The vessel will be built to an eco-design specification compliant with EEDI Phase 3 standards and is - [5th CSN Greece ICT Conference, Athens 19th November 2026 “Intelligent Skies, Secure Seas: The AI Impact on ICT” - Save the date](https://cyprusshippingnews.com/2026/10/20/5th-csn-greece-ict-conference-athens-19th-november-2026-intelligent-skies-secure-seas-the-ai-impact-on-ict-save-the-date/): About the Conference The 5th CSN Greece Shipping ICT Conference, titled “Intelligent Skies, Secure Seas: The AI Impact on ICT”, will take place on 19th November 2026 at PLOES in Athens. The Rules of Engagement have Changed Digital transformation is no longer a future goal, it is an operational reality. The maritime and ICT sectors - [Atlas Ocean Voyages unveils 2028/29 Antarctica season with more ways to explore the White Continent](https://cyprusshippingnews.com/2026/10/15/atlas-ocean-voyages-unveils-2028-29-antarctica-season-with-more-ways-to-explore-the-white-continent/): Expanded Fly & Sail departures join Drake Express, classic Drake crossings and farther-reaching Antarctic expeditions for 2028/29 Atlas Ocean Voyages has unveiled its 2028/29 Antarctica season, offering travelers more ways to experience the White Continent through an expanded collection of 25 intimate, yacht-style expeditions sailing from October 2028 through March 2029. The new season expands Atlas' - [India urges Russia, Ukraine to protect Black Sea shipping](https://cyprusshippingnews.com/2026/10/20/india-urges-russia-ukraine-to-protect-black-sea-shipping/): India has urged both Russia and Ukraine to ensure safe passage for commercial shipping through the Black Sea as attacks on merchant vessels put Indian seafarers at risk and threaten to disrupt vital food and energy supplies. New Delhi says discussions with both sides are under way. “The targeting of commercial shipping and seafarers in - [New BIMCO contracts tackle ship recycling and energy-saving retrofits](https://cyprusshippingnews.com/2026/10/19/new-bimco-contracts-tackle-ship-recycling-and-energy-saving-retrofits/): BIMCO adopted two new contractual solutions designed to help you manage important operational and regulatory challenges: the revised RECYCLECON contract and the Energy Saving Device Retrofit Addendum 2026. Practical frameworks for recycling and retrofits At its online meeting on 8 October, our Documentary Committee adopted the revised RECYCLECON contract. It gives you a modern contractual framework - [Stena Line to acquire vessel and make changes to its network](https://cyprusshippingnews.com/2026/10/19/stena-line-to-acquire-vessel-and-make-changes-to-its-network/): Stena Line has reached an agreement to acquire the RoRo vessel Somerset from CLdN. Subject to closure and transfer, the vessel would begin operating on the Dublin–Liverpool route for Stena Line in early December. As part of the changes, the ferry company will deploy its own vessels on the Rotterdam–Harwich route. Delivery of Somerset is - [Keel-laying milestone for Yno 328, a fibre-optic CLV newbuild for OMS](https://cyprusshippingnews.com/2026/10/20/keel-laying-milestone-for-yno-328-a-fibre-optic-clv-newbuild-for-oms/): The keel-laying ceremony for the next-generation fibre-optic cable-laying vessel, Ulstein Verft's Yard number 328, was held at the CRIST shipyard in Gdynia, Poland, on 17 September 2026. The vessel, which will be delivered to OMS Group as CS Resilience, is the first of two advanced vessels for the Malaysia-based customer. Keel-laying can be described as - [DEME wins contract for wind turbine installation at the Zeevonk Offshore wind farm](https://cyprusshippingnews.com/2026/10/19/deme-wins-contract-for-wind-turbine-installation-at-the-zeevonk-offshore-wind-farm-2/): DEME has signed a sizable1 contract for the transportation and installation of 69 wind turbines at the Zeevonk offshore wind farm in the Netherlands. The wind turbines for phase 1 of the wind farm will be installed by DEME’s next-generation jack-up offshore transport and installation vessel, Norse Energi. This latest award follows the substantial foundation - [OL Shipping Group in Tokyo: Capt. Eberhard Koch calls for realistic solutions to Maritime Decarbonisation](https://cyprusshippingnews.com/2026/10/19/ol-shipping-group-in-tokyo-capt-eberhard-koch-calls-for-realistic-solutions-to-maritime-decarbonisation/): An intensive and engaging couple of days in Tokyo brought together leading figures from the international maritime community, providing a valuable platform for discussions on the future of shipping, decarbonisation, technological innovation and global maritime cooperation. At the 5th Capital Link Forum, OL Shipping Group was represented by Capt. Eberhard Koch, Chairman, CEO and Partner, - [Signal Ocean acquires Lgmar](https://cyprusshippingnews.com/2026/10/19/signal-ocean-acquires-lgmar/): Signal Ocean announced the acquisition of Lgmar, the Athens-based company behind Telix, a maritime email and communication platform in daily use across the shipping community since 1989. The acquisition is the latest step in Signal Ocean’s commitment to extend its offerings from market intelligence into the communication workflows where fixtures, operations and post-fixing actually take - [Viking Names Seven New River Ships, Honoring Valued Travel Advisor Partners](https://cyprusshippingnews.com/2026/10/21/viking-names-seven-new-river-ships-honoring-valued-travel-advisor-partners/): Simultaneous Naming Ceremony Across Four Countries Celebrates Viking’s Continued Fleet Expansion Viking® announced the naming of its seven newest river ships during a simultaneous ceremony in Amsterdam that virtually connected locations across Europe and Egypt. The celebration honored seven distinguished travel advisors and industry leaders who served as godparents, recognizing their longstanding relationships with Viking - [Sterling and BitRipple partner to deliver Super Intelligence Efficiency and Communication Acceleration](https://cyprusshippingnews.com/2026/10/20/sterling-and-bitripple-partner-to-deliver-super-intelligence-efficiency-and-communication-acceleration/): The companies will package BitRipple’s LT3 GPU transport into deployment-ready solutions for AMD and NVIDIA GPU platforms Sterling Computers Corp., a global solutions integrator serving government, education and commercial customers, and BitRipple, Inc., developer of the LT3 transport layer for GPU collective communication, today announced a strategic partnership to bring measurable efficiency gains to the - [Sea Dragon Energy celebrates First-Fuel Milestone, dedicates Hawai’i R&D Facility](https://cyprusshippingnews.com/2026/10/20/sea-dragon-energy-celebrates-first-fuel-milestone-dedicates-hawaii-rd-facility/): Milestone advances development of technology to produce strategic aviation fuel from seawater, with future maritime and distributed production capabilities in sight. Sea Dragon Energy, Inc. celebrated a major milestone in its mission to transform seawater into strategic aviation fuel, marking the production of its first synthetic fuel and the ceremonial dedication of its research and - [Important information for port clients and freight carriers effective November 1, a new traffic overpass and port checkpoint will open for traffic to the Port of Riga on Kundziņsala](https://cyprusshippingnews.com/2026/10/19/important-information-for-port-clients-and-freight-carriers-effective-november-1-a-new-traffic-overpass-and-port-checkpoint-will-open-for-traffic-to-the-port-of-riga-on-kundzinsala/): Starting November 1 of this year, a new traffic overpass connecting Tvaika Street to Kundziņsala will open to facilitate traffic to and from the Port of Riga’s territory on Kundziņsala. Simultaneously, a new port checkpoint will begin operations at 42 Uriekstes Street . With the opening of the new infrastructure, starting November 1, freight vehicles - [Trafigura appoints Chipokota Mwanawasa as Executive Director, Zambia](https://cyprusshippingnews.com/2026/10/19/trafigura-appoints-chipokota-mwanawasa-as-executive-director-zambia/): Trafigura has appointed Chipokota Mwanawasa as Executive Director, Zambia. Chipokota is a Zambian national and brings more than 10 years of experience across the mining, energy, infrastructure and agriculture sectors. She joins Trafigura from her previous role as Policy Advisor to the President of Zambia, where she advised on economic policy, foreign investment and sectoral - [Piraeus Port Authority main sponsor of Ferry Shipping Summit 2026](https://cyprusshippingnews.com/2026/10/20/piraeus-port-authority-main-sponsor-of-ferry-shipping-summit-2026/): With the participation of more than 200 delegates from several European countries, the Ferry Shipping Summit 2026 took place on 8–9 October 2026 in Athens, with Piraeus Port Authority as the event’s main sponsor. Held under the theme “Ferries and Ports – Connecting People and Business,” the Summit served as an important platform for dialogue - [Ferrari Hypersail chooses Livorno new base established for the 100 foot flying Monohull](https://cyprusshippingnews.com/2026/10/21/ferrari-hypersail-chooses-livorno-new-base-established-for-the-100-foot-flying-monohull/): Ferrari Hypersail takes a new step toward the sea. The ambitious 100-foot flying monohull project will have its operational hub in Livorno, built within the Azimut Yachts facility. A true home for Maranello’s nautical program, from which the next development phases and especially the water testing campaign will be coordinated. The collaboration with Azimut will - [Regent Seven Seas Cruises® unveils exceptional new tastings and pairing experiences aboard Seven Seas prestige™](https://cyprusshippingnews.com/2026/10/20/regent-seven-seas-cruises-unveils-exceptional-new-tastings-and-pairing-experiences-aboard-seven-seas-prestige/): Four Exclusive & Elevated Experiences Debut Aboard Seven Seas Prestige, Alongside Four New Connoisseur Wine Lunches Across the Fleet Regent Seven Seas Cruises®, the world’s leading ultra-luxury cruise line, has unveiled a new collection of immersive tastings and culinary pairings debuting aboard Seven Seas Prestige™. From Champagne and caviar rituals created exclusively for Regent’s newest - [MSC Cruises brings renowned eataly restaurant to new flagship MSC World Asia](https://cyprusshippingnews.com/2026/10/20/msc-cruises-brings-renowned-eataly-restaurant-to-new-flagship-msc-world-asia/): MSC Cruises will introduce the celebrated Italian dining concept Eataly on board its newest flagship, MSC World Asia The restaurant will mark the second Eataly at sea, following its debut on MSC World America MSC World Asia will sail seven-night Mediterranean itineraries beginning 4 December 2026 MSC Cruises has announced that its newest flagship, MSC - [The Swedish Club marks official opening of New York office](https://cyprusshippingnews.com/2026/10/19/the-swedish-club-marks-official-opening-of-new-york-office/): The Swedish Club has officially opened its new office in New York City, marking an important step in the Club’s continued development across the Americas. Members, brokers and maritime industry stakeholders joined The Swedish Club at an opening event at Lightbox in Manhattan on 13 October to celebrate the new office and the Club’s long-term commitment - [Port of Long Beach breaks all-time cargo record in September](https://cyprusshippingnews.com/2026/10/19/port-of-long-beach-breaks-all-time-cargo-record-in-september/): The Port of Long Beach achieved its busiest month in its 115-year history by moving nearly 1 million container units in September, a milestone fueled by the Port’s inclusion in shippers’ cost-saving strategies against high diesel costs, Panama Canal access restrictions and a possible new U.S.-China trade deal. The Port handled a record-setting 997,177 twenty-foot-equivalent - [Disney Imagination revealed as the first Disney Cruise Ship to sail from Japan](https://cyprusshippingnews.com/2026/10/19/disney-imagination-revealed-as-the-first-disney-cruise-ship-to-sail-from-japan/): Ariel and Sebastian to adorn the ship’s signature stern as Disney Imagination prepares to debut in spring 2029 Oriental Land revealed the name of the first Disney cruise ship that will sail from Japan: Disney Imagination. Scheduled to set sail from Tokyo in spring 2029, Disney Imagination will be the inaugural ship of Disney Cruise - [Holland America Line makes spirits bright with joyful holiday festivities and culinary Ttaditions](https://cyprusshippingnews.com/2026/10/19/holland-america-line-makes-spirits-bright-with-joyful-holiday-festivities-and-culinary-ttaditions/): Guests aboard 2026 holiday cruises can enjoy Thanksgiving dinner, Brunch with Santa, Feast of the Seven Fishes, festive entertainment, seasonal décor and special savings on select sailings. Key Highlights: Celebrate holiday traditions at sea with festive décor, entertainment and activities across the fleet, from tree-lighting ceremonies to carol singing. Guests can savor seasonal favorites, including Thanksgiving - [BlackSky extends HEO Space Domain Awareness Agreement with new Seven-Figure Non-Earth Imaging Contract Featuring Gen-3](https://cyprusshippingnews.com/2026/10/20/blacksky-extends-heo-space-domain-awareness-agreement-with-new-seven-figure-non-earth-imaging-contract-featuring-gen-3/): The agreement will enable fully automated, low-latency intelligence of space objects by combining BlackSky’s Gen-3 very high-resolution imagery and Gen-2 with HEO software and analysis BlackSky Technology Inc. (NYSE: BKSY) signed a seven-figure annual extension with HEO to enable fully automated, low-latency non-Earth imaging (NEI). The renewal agreement marks a significant technological evolution in the - [AeroVironment and Elsight partner to strengthen Mayhem 10 Connectivity in Contested Environments](https://cyprusshippingnews.com/2026/10/19/aerovironment-and-elsight-partner-to-strengthen-mayhem-10-connectivity-in-contested-environments/): Elsight’s Halo technology is designed to integrate satellite, cellular and radio communications to reduce single points of failure and operator workload AeroVironment, Inc., and Elsight announced a partnership to integrate Elsight’s Halo connectivity technology into AV’s Mayhem™ 10 launched effects system, strengthening communications resilience in complex and contested environments. The integration will enable Mayhem 10 - [Fincantieri accelerates Robotics and Physical AI to Build the Shipyard of the Future](https://cyprusshippingnews.com/2026/10/19/fincantieri-accelerates-robotics-and-physical-ai-to-build-the-shipyard-of-the-future/): Fincantieri, a global leader in high-complexity shipbuilding, is accelerating the transformation of its shipyards through the integration of advanced robotics, Physical AI, and next-generation automation systems, to make production processes increasingly efficient, safe, and competitive. This is the vision behind BOOST² – The Shipyard of the Future, the industrial innovation program launched by the Group - [Advanced Navigation is bringing the World's Most Complex Navigation Technology to Huntsville, Alabama](https://cyprusshippingnews.com/2026/10/19/advanced-navigation-is-bringing-the-worlds-most-complex-navigation-technology-to-huntsville-alabama/): The race to deploy autonomous systems is exposing a critical constraint: production of the vital navigation technology required is not keeping pace with growing demand. To close that gap, Advanced Navigation America, the U.S. arm of global robotics company Advanced Navigation, is expanding manufacturing in Huntsville, Alabama, to build and deliver some of the world’s - [Riverway Group and Offshore Data Center partner to build Gas-Powered Offshore Data Center Platforms on the U.S. Gulf Coast](https://cyprusshippingnews.com/2026/10/20/riverway-group-and-offshore-data-center-partner-to-build-gas-powered-offshore-data-center-platforms-on-the-u-s-gulf-coast/): Collaboration targets development of stranded and undervalued offshore gas resources to power safe, secure and efficient offshore data-center applications Houston based Riverway Group, LLC, and Offshore Data Center, LLC, today announced a collaboration to design and build offshore platforms that turn stranded and undervalued natural gas into power for data centers located right at the - [ZoomInfo launches Native Integration with n8n through GTM.AI](https://cyprusshippingnews.com/2026/10/19/zoominfo-launches-native-integration-with-n8n-through-gtm-ai/): ZoomInfo (NASDAQ: GTM), the all-in-one AI GTM platform, has confirmed a native integration with n8n, the workflow automation platform teams use to connect apps and build AI agents. The integration allows joint customers to combine verified ZoomInfo intelligence with n8n's automation and agent capabilities with immediate effect. The integration ships as a verified node inside - [DEME wins contract for wind turbine installation at the Zeevonk Offshore wind farm](https://cyprusshippingnews.com/2026/10/16/deme-wins-contract-for-wind-turbine-installation-at-the-zeevonk-offshore-wind-farm/): DEME has signed a sizable1 contract for the transportation and installation of 69 wind turbines at the Zeevonk offshore wind farm in the Netherlands. The wind turbines for phase 1 of the wind farm will be installed by DEME’s next-generation jack-up offshore transport and installation vessel, Norse Energi. This latest award follows the substantial foundation - [Van der Valk Shipyard unveils concept project NEXO](https://cyprusshippingnews.com/2026/10/19/van-der-valk-shipyard-unveils-concept-project-nexo/): Van der Valk Shipyard has unveiled its new 30-metre concept, Project NEXO, short for New Experience X-Over, or Crossover: a yacht conceived for active, design-conscious owners who want to live well on the water. Developed in cooperation with Dutch design studio Phathom, Project NEXO represents the shipyard’s vision of what modern yachting at this length - [GT Wings expands product range with launch of new lightweight AirWingTMS to reduce emissions for smaller vessels](https://cyprusshippingnews.com/2026/10/19/gt-wings-expands-product-range-with-launch-of-new-lightweight-airwingtms-to-reduce-emissions-for-smaller-vessels/): GT Wings has announced the latest addition to its wind- assisted propulsion product range, AirWingTMS, a new compact and lightweight Jet Sail developed to address the operational requirements of smaller commercial vessels. The new design expands the AirWingTM product line to address a broader segment of the commercial shipping market. With a streamlined lightweight configuration, - [LD Armateurs’ world’s largest wind-propelled cargo vessel fitted with Norsepower Rotor sails™](https://cyprusshippingnews.com/2026/10/19/ld-armateurs-worlds-largest-wind-propelled-cargo-vessel-fitted-with-norsepower-rotor-sails/): LD Armateurs and Norsepower are proud to announce the completed installation of six Norsepower Rotor Sails™ on board Spirit of Toulouse, the lead vessel in a new fleet of three low-emission RoRo ships built for LD Armateurs to support transport operations for Airbus. The installation, carried out by the project team of the shipyard Wuchang Shipbuilding Industry - [Propspeed Foulfree Multi-Surface System recognised with 2026 Innovation Award](https://cyprusshippingnews.com/2026/10/16/propspeed-foulfree-multi-surface-system-recognized-with-2026-innovation-award/): Propspeed®, a leading innovator in biocide-free, foul-release coatings, announced that the Foulfree™ Multi-Surface System has been awarded the 2026 IBEX Innovation Award in the Boat Care and Maintenance category. Each year, the National Marine Manufacturers Association (NMMA) appoints a panel of expert judges to review hundreds of new products and present the winners during the - [I-Tech enters exclusive aquaculture licence agreement with Titanium Technology](https://cyprusshippingnews.com/2026/10/16/i-tech-enters-exclusive-aquaculture-licence-agreement-with-titanium-technology/): The agreement gives I-Tech worldwide rights to develop and commercialise the non-biocidal antifouling technology for aquaculture applications. I-Tech AB, the biotechnology company behind the marine antifouling technology Selektope®, has entered into an exclusive worldwide licence agreement with Spanish technology company Titanium Technology S.L. The agreement grants I-Tech the exclusive right to develop and commercialise Titanium - [Korea’s integrated ship survivability design framework](https://cyprusshippingnews.com/2026/10/16/koreas-integrated-ship-survivability-design-framework/): A Korean-developed integrated design framework has been developed to comprehensively analyze “ship survivability”—a naval vessel’s ability to avoid enemy attack, withstand damage when hit, restore key functions after damage, and continue its mission. The key achievement is the integration of survivability analyses that had previously been performed using separate software tools into a single software - [Maritime cyber specialist BroCoTec recruits NASA engineer to strengthen marine IT operations](https://cyprusshippingnews.com/2026/10/19/maritime-cyber-specialist-brocotec-recruits-nasa-engineer-to-strengthen-marine-it-operations/): Houston-based maritime IT network specialist BroCoTec is bringing space age tech expertise to its rapidly expanding team with the appointment of NASA engineer Corey Harris. Harris, who has spent several years upgrading the most complex and state-of-the-art networks on board the International Space Station and mission control center, Houston, is transferring his knowledge and expertise - [MOL Group inaugurated its first biomethane plant in Szarvas](https://cyprusshippingnews.com/2026/10/19/mol-group-inaugurated-its-first-biomethane-plant-in-szarvas/): MOL Group has inaugurated its first biomethane plant in Szarvas. As a result of the investment of more than HUF 2.7 billion, the facility can now produce biomethane from biogas of a purity suitable for injection into the national natural gas network. This way, more than 7 million cubic metres of natural gas will be - [Black Sea Steel Flows Weaken as Shipping Risks Rise](https://cyprusshippingnews.com/2026/10/19/black-sea-steel-flows-weaken-as-shipping-risks-rise/): Recorded Black Sea steel loadings declined sharply in Q3 2026. Volumes, including scrap, fell 65.6% y/y to 0.65 Mt across 51 voyages, compared with 129 in Q3 2025. The year-on-year decline deepened through the quarter: July −28.0%, August −80.6%, and September −96.0%. September’s recorded volume totalled 20,690 t, comprising loadings from Turkey (12,750 t), Romania - [90POE launches Crew Docs AI - catching passport errors before crew changes fail](https://cyprusshippingnews.com/2026/10/19/90poe-launches-crew-docs-ai-catching-passport-errors-before-crew-changes-fail/): 90POE builds AI passport checks into OpenOcean STUDIO® Crew Crew Docs AI reads each passport as it is uploaded and flags errors before they reach visa applications, flight bookings or crew lists. 90POE launched Crew Docs AI, an AI document check built into the passport verification workflow of OpenOcean STUDIO Crew. Crew Docs AI reads - [TrustPoint and Calian Deliver Industry's First Mass-Market Ready C-band GNSS Antenna](https://cyprusshippingnews.com/2026/10/16/trustpoint-and-calian-deliver-industrys-first-mass-market-ready-c-band-gnss-antenna/): Live orbital demonstration validates C-band GNSS hardware, accelerating the path to resilient, GPS-independent PNT TrustPoint, the world leader in C-band GNSS, building the most advanced satellite navigation system in low earth orbit, today announced that Calian has successfully demonstrated the industry's first commercially manufacturable C-band GNSS antenna against TrustPoint's live orbital signal. Through multiple live-signal - [Planet selected by European Space Agency to build Slovenia’s Space Resilience Node](https://cyprusshippingnews.com/2026/10/16/planet-selected-by-european-space-agency-to-build-slovenias-space-resilience-node/): Automated ‘tip-and-cue’ prototype will connect continuous satellite monitoring directly to high-resolution tasking for emergency responders Planet Labs GmbH, a leading provider of daily data and insights about change on Earth, today announced Planet's subsidiary Sinergise Solutions d.o.o. has been selected by the European Space Agency (ESA) to build the Slovenia Space Resilience Node (SRN). Running - [ExxonMobil to Receive Port Houston’s 4th Annual Lone Star Award at HIMC](https://cyprusshippingnews.com/2026/10/19/exxonmobil-to-receive-port-houstons-4th-annual-lone-star-award-at-himc/): Port Houston will honor ExxonMobil with the 4th Annual Lone Star Award during the Houston International Maritime Conference (HIMC), taking place November 2–5 at the Hilton Americas in downtown Houston. The award recognizes ExxonMobil’s exceptional partnership with Port Houston and its longstanding role in the energy industry that is integral to the Houston Ship Channel. - [Europe’s first Geostationary Sounder enters service to track Storms in Four Dimensions](https://cyprusshippingnews.com/2026/10/16/europes-first-geostationary-sounder-enters-service-to-track-storms-in-four-dimensions/): Data from Meteosat Third Generation’s Infrared Sounder are now operational, strengthening forecasts and severe weather warnings Data from the Infrared Sounder on the first Meteosat Third Generation (MTG) Sounder spacecraft enter operational service today, as the satellite takes its new name, Meteosat-13. The sounder’s observations of temperature, humidity and trace gases down through the atmosphere - [UK offshore wind build-out to depend on grid connections and market reforms, says GlobalData](https://cyprusshippingnews.com/2026/10/19/uk-offshore-wind-build-out-to-depend-on-grid-connections-and-market-reforms-says-globaldata/): The UK’s clean-power transition is moving into an infrastructure-intensive phase, with offshore wind, solar PV, and new nuclear capacity set to reshape the generation mix. Delivering this build-out will depend on faster grid connections, transmission reinforcement, and market reforms that preserve investor confidence while managing a more variable power system, according to GlobalData, a leading - [TD34 Forward Freight Agreement trades outpace TD3C in debut week as market seeks greater Gulf freight cover](https://cyprusshippingnews.com/2026/10/19/td34-ffa-trades-outpace-td3c-in-debut-week-as-market-seeks-greater-gulf-freight-cover/): The launch of the Forward Freight Agreement for the Baltic’s TD34 route by Intercontinental Exchange (ICE) has seen near-record volumes since its launch on 5 October. The cash-settled freight futures contract, based on the Baltic Exchange’s TD34 price assessments, has been embraced by tanker freight traders from the outset, underlining TD34’s rapid emergence as a - [Canada clean power push challenged by interprovincial grid limits, says GlobalData](https://cyprusshippingnews.com/2026/10/19/canada-clean-power-push-challenged-by-interprovincial-grid-limits-says-globaldata/): Canada is entering a pivotal phase of power-sector expansion as federal tax credits, the phase-out of coal-fired generation, and accelerating industrial electrification drive substantial capital into wind, solar, and nuclear power. However, realizing the full potential of these clean additions will require overcoming persistent interprovincial transmission bottlenecks and modernizing regional grids, says GlobalData, a leading - [York Space Systems awarded two Space Force Space Data Network Task Orders](https://cyprusshippingnews.com/2026/10/16/york-space-systems-awarded-two-space-force-space-data-network-task-orders/): Awards support multi-vendor interoperability demonstration and Space Exchange Point development activities York Space Systems, a U.S.-based national-security and commercial space company, shared additional details on two previously awarded task orders supporting the United States Space Force’s (USSF) Space Data Network (SDN) effort. The awards support development and demonstration activities intended to advance multi-vendor interoperability and - [Marine surveyor successfully defends US$5 million yacht loss claim](https://cyprusshippingnews.com/2026/10/16/marine-surveyor-successfully-defends-us5-million-yacht-loss-claim/): A marine surveyor has successfully defended a claim exceeding US$5 million following the loss of a yacht at sea after cargo insurers failed to commence legal proceedings within the required time limits, International Transport Intermediaries Club has highlighted in its most recent Claims Review. The claim arose after a yacht being transported as cargo aboard - [An ageing fleet needs greater care](https://cyprusshippingnews.com/2026/10/16/an-ageing-fleet-needs-greater-care/): An ageing fleet changes the economics of corrosion protection, writes Steelpaint Director Frank Müller Shipping is investing heavily in the next generation of vessels, fuels and propulsion technologies, but a large part of the existing fleet will still be trading well into the next decade. This will mean the steel structure must be protected for - [Thai Cave Rescue Diver Chris Jewell bring lessons in Risk and Safety to IMCA Global Summit](https://cyprusshippingnews.com/2026/10/16/thai-cave-rescue-diver-chris-jewell-bring-lessons-in-risk-and-safety-to-imca-global-summit/): The International Marine Contractors Association will launch its new strategy to 2030 as hundreds of offshore leaders and technical specialists gather in Antwerp, Belgium, on 28 and 29 October Keynote speakers include JERA Nex bp CEO Nathalie Oosterlinck, IMCA President Hugo Bouvy, the Managing Director of DEME Offshore, and Saravan Penubarthi, Chief Technology Officer at - [BIMCO Shipping Number of the Week](https://cyprusshippingnews.com/2026/10/16/bimco-shipping-number-of-the-week-118/): Suez Canal container ship transits exceed 50% of pre-disruption levels "During the first two weeks of October, weekly container ship capacity transiting the Suez Canal averaged 753k TEU, according to Clarksons Research, compared with 1,457k TEU during the same period in 2023. Since the Houthi attacks began in the Red Sea, this is the first - [Hong Kong cements Its Position as a Resilient Global Maritime Hub ahead of 10th Maritime Week](https://cyprusshippingnews.com/2026/10/16/hong-kong-cements-its-position-as-a-resilient-global-maritime-hub-ahead-of-10th-maritime-week/): Under the theme “Trusted Resilience Powering Global Maritime Trade,” the 10th anniversary edition will bring together shipowners, financiers, legal experts and other industry leaders this November to address trade realignments, decarbonisation and fleet refinancing. Hong Kong is preparing to host the 10th-anniversary edition of Hong Kong Maritime Week , taking place from November 15 to - [New study finds shipping pays twice its share to EU ETS earmarked revenues should triple to help build market for sustainable fuels and technologies](https://cyprusshippingnews.com/2026/10/16/new-study-finds-shipping-pays-twice-its-share-to-eu-ets-earmarked-revenues-should-triple-to-help-build-market-for-sustainable-fuels-and-technologies/): Shipping is responsible for around 10% of EU ETS emissions but pays almost 20% of the ETS bill. Unlike other sectors, it has never received free allowances. The new Sustainable Maritime Alternative Propulsion (SMAP) mechanism is a chance to reinvest part of this contribution in shipping's energy transition. But a new study by European Shipowners - [Anglo-Eastern helps turn CMBTECH’s ammonia ambition into an operational reality](https://cyprusshippingnews.com/2026/10/16/anglo-eastern-helps-turn-cmbtechs-ammonia-ambition-into-an-operational-reality/): From early feasibility study and risk-based design to newbuilding supervision, crew readiness and technical management, Anglo-Eastern drew on its extensive expertise to support the development of Mineral Europa, the world’s first ammonia-powered dry bulk vessel. Following CMB.TECH’s announcement that Mineral Europa has embarked on her maiden voyage, Anglo-Eastern is recognising the multi-year engineering, newbuilding and - [LR launches new guidance to help shipowners navigate the growing complexity of retrofit projects](https://cyprusshippingnews.com/2026/10/16/lr-launches-new-guidance-to-help-shipowners-navigate-the-growing-complexity-of-retrofit-projects/): New guidance highlights the practical challenges shipowners face as they retrofit existing vessels for alternative fuels and energy-saving technologies to meet evolving environmental regulations. Lloyd’s Register has published new Guidance Notes for Retrofit of Alternative Fuels and Energy Saving Devices highlighting the growing complexity of ship retrofit projects. As regulatory and commercial pressures increase through - [Singapore Strengthens Multi-Fuel Bunkering Capabilities and Digitalisation at SIBCON 2026](https://cyprusshippingnews.com/2026/10/16/singapore-strengthens-multi-fuel-bunkering-capabilities-and-digitalisation-at-sibcon-2026/): The 24th Singapore International Bunkering Conference (SIBCON), organised by the Maritime and Port Authority of Singapore (MPA), was opened today by Mr Murali Pillai, Senior Minister of State (SMS), Ministry of Law and Ministry of Transport. Themed “Charting a Resilient Multi-Fuel Future”, the biennial conference that is being held from 13 to 15 October 2026 - [Escalation of attacks threatens to derail recovery in Middle East oil exports](https://cyprusshippingnews.com/2026/10/16/escalation-of-attacks-threatens-to-derail-recovery-in-middle-east-oil-exports/): World oil demand is forecast to fall by 2.5 mb/d y-o-y in 4Q26 and 2.6 mb/d on average in 2026. As the Iran war manifests itself through restricted product availability, soaring fuel prices and a deteriorating economic outlook, diesel will register 25% of the drop. A partial recovery, of 2 mb/d, will leave 2027 global - [MASO Public Affairs introduces MASO Regulatory Intelligence](https://cyprusshippingnews.com/2026/10/16/maso-public-affairs-introduces-maso-regulatory-intelligence/): A new subscription service helping businesses understand what is changing and what it means for them MASO Public Affairs introduces MASO Regulatory Intelligence, a new subscription service for anyone who wants to follow developments in Greece and Cyprus and understand what they mean for their interests, work or activities. The service is designed for an international - [Cyprus ports need joint energy and investment strategy, shipping agents chief says](https://cyprusshippingnews.com/2026/10/16/cyprus-ports-need-joint-energy-and-investment-strategy-shipping-agents-chief-says/): Cyprus needs a coordinated strategy for shipping, energy and environmental protection to support port investment and modernisation, Cyprus shipping agents association president Reginos Tsanos said, warning that separate planning and regulatory priorities risk undermining commercially viable projects. Speaking at the Italy-Cyprus Maritime Business Forum, held at the DP World Limassol passenger terminal, Tsanos called for - [Navigating the Multi-Orbit Era: In Conversation with Intellian’s Jon Harrison at SMM 2026](https://cyprusshippingnews.com/2026/10/16/navigating-the-multi-orbit-era-in-conversation-with-intellians-jon-harrison-at-smm-2026/): At SMM 2026 in Hamburg, the rapid evolution of maritime satellite communications took centre stage. Across the exhibition halls, discussions among shipowners, managers, and technology providers made one reality abundantly clear: the industry has moved well past the debate of choosing between low Earth orbit (LEO) and geostationary (GEO) networks. Maritime connectivity has entered a - [MSARC strengthens maritime mass rescue readiness through training and national live exercise off Dakar, Senegal](https://cyprusshippingnews.com/2026/10/16/msarc-strengthens-maritime-mass-rescue-readiness-through-training-and-national-live-exercise-off-dakar-senegal/): Joint MSARC–FHAS programme combines three days of SAR training with a national multi-agency live exercise The Maritime Search and Rescue Council , working in partnership with the Foundation for Humanitarian Action at Sea, has supported a national, full-scale maritime search and rescue exercise off Dakar, Senegal, bringing together maritime, emergency response and humanitarian organisations to practise - [Sogese report deliveries are still being delayed as container freight rates fluctuate](https://cyprusshippingnews.com/2026/10/16/sogese-report-deliveries-are-still-being-delayed-as-container-freight-rates-fluctuate/): FOR IMPORTERS Spot rates into the Mediterranean are back at January levels, Far East to Europe reliability sits at pandemic lows, and nearly every major carrier will run a Suez service by December. For importers, keep rate commitments short and plan arrival dates with a wide margin. FOR EXPORTERS The falling rates do not carry - [Equinor announces Oil and gas discovery in the North Sea adding volumes to Oseberg](https://cyprusshippingnews.com/2026/10/16/equinor-announces-oil-and-gas-discovery-in-the-north-sea-adding-volumes-to-oseberg/): Equinor and its partners Petoro and TotalEnergies have made an oil and gas discovery in exploration well 30/8-7 S Grimsnes near the Oseberg field. The partnership is planning a fast and cost-effective development. The well was drilled in production licence PL 190 by the rig Deepsea Bergen and has proven hydrocarbons. The preliminary volume estimate - [Glencore begins trading on Australian Securities Exchange](https://cyprusshippingnews.com/2026/10/16/glencore-begins-trading-on-australian-securities-exchange/): Glencore has begun trading on the Australian Securities Exchange under the ASX code GLC. Gary Nagle, Glencore’s CEO, said it was an exciting day for the company. “Glencore has been investing in Australia for decades and we know the Australian investment community has a sophisticated understanding of global resources and commodity markets,” said Mr Nagle. - [Intermodal Report Week 41 2026](https://cyprusshippingnews.com/2026/10/16/intermodal-report-week-41-2026/): Pls find below the Intermodal Report - Week 41 2026 Intermodal Report Week 41 2026 - [Allied Weekly Market Review Week 41](https://cyprusshippingnews.com/2026/10/16/allied-weekly-market-review-week-41-4/): Pls find below the Allied - Weekly Market Review - Week 41 ALLIED - Weekly Market Report- Week 41 - [Copenhagen Infrastructure Partners acquires 25% stake in Five Estuaries Offshore Wind Farm](https://cyprusshippingnews.com/2026/10/16/copenhagen-infrastructure-partners-acquires-25-stake-in-five-estuaries-offshore-wind-farm/): The acquisition, made through its fifth flagship fund, strengthens Copenhagen Infrastructure Partners' UK energy infrastructure portfolio and supports delivery of the up to 1,080MW project off the Essex and Suffolk coast. Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, Copenhagen Infrastructure V (CI V), has acquired the 25% share previously held by the Macquarie-led - [ABS opens Offshore & Marine Support Center in Bergen](https://cyprusshippingnews.com/2026/10/15/abs-opens-offshore-marine-support-center-in-bergen/): ABS has expanded its capabilities in the Norwegian maritime market with the opening of a cutting-edge support center in Bergen, bringing advanced engineering, technology, sustainability and survey resources to one of the world’s most strategically important energy and maritime regions. The ABS Offshore & Marine Support Center is home to research and development engineers focused - [Hong Kong Global Maritime Trade Summit to return for third edition](https://cyprusshippingnews.com/2026/10/15/hong-kong-global-maritime-trade-summit-to-return-for-third-edition/): The International Chamber of Shipping, in collaboration with the Transport and Logistics Bureau of the Government of Hong Kong and the Hong Kong Shipowners Association , will host the Hong Kong Global Maritime Trade Summit on 16 November 2026. The event will convene prominent figures from the international shipping industry, government officials, and regulatory bodies - [SmartSea launches SmartJourney and SmartAccess to streamline maritime crew movements and access management](https://cyprusshippingnews.com/2026/10/15/smartsea-launches-smartjourney-and-smartaccess-to-streamline-maritime-crew-movements-and-access-management/): Maritime technology provider SmartSea has introduced SmartJourney and SmartAccess, two integrated platforms designed to help operators co-ordinate crew transit and manage secure access across vessels, terminals, and offshore facilities. The complementary solutions connect crew travel logistics with digital identity and access control, providing ship managers, owners, and port operators with a single, coordinated view of - [Moxie Media launch Moxie Connect 2026 event alongside the International WorkBoat Show](https://cyprusshippingnews.com/2026/10/16/moxie-media-launch-moxie-connect-2026-event-alongside-the-international-workboat-show/): New Orleans event will bring Moxie customers and maritime professionals together to explore training, competency, AI and compliance Moxie Media will host its first dedicated user event, Moxie Connect: User Conference 2026, a complimentary event open to all maritime professionals, on Wednesday, December 2, at the Ernest N. Morial Convention Center in New Orleans, alongside - [SCHOTTEL propulsion for new Mersey Ferry Royal Daffodil](https://cyprusshippingnews.com/2026/10/16/schottel-propulsion-for-new-mersey-ferry-royal-daffodil/): SCHOTTEL has been selected to provide the propulsion package for the new Mersey Ferries passenger ferry Royal Daffodil. Designed and constructed by Cammell Laird Shiprepairers & Shipbuilders Limited in Birkenhead, United Kingdom, the vessel was officially launched in September 2026 and replaces the Royal Iris after 67 years of operation on the Mersey River in - [Danish Shipping announces new project Shipping must be a key part of Denmark’s electric future](https://cyprusshippingnews.com/2026/10/16/danish-shipping-announces-new-project-shipping-must-be-a-key-part-of-denmarks-electric-future/): The electri­fi­ca­tion of Danish shipping is advancing rapidly. Access to electricity and sufficient grid capacity remains the biggest barrier. A new project will provide practical recom­men­da­tions for policymakers and other key stakeholders, paving the way to unlock its full potential. Danish Shipping, Danish Maritime, Danish Ports and Green Power Denmark have joined forces on a - [Axpo conducts its first LNG bunkering in Valencia](https://cyprusshippingnews.com/2026/10/16/axpo-conducts-its-first-lng-bunkering-in-valencia/): Axpo has successfully completed its first liquefied natural gas bunkering operation in the Port of Valencia, Spain. The ship-to-ship transfer refuelled a container vessel for a leading global transport and logistics company with LNG, more than half of which was bio-LNG. In brief: Valencia is the fourth port in Spain where Axpo has conducted LNG - [Lloyd’s Register, Shell and GTT to explore hybrid-electric 200,000m³ LNG carrier concept](https://cyprusshippingnews.com/2026/10/15/lloyds-register-shell-and-gtt-to-explore-hybrid-electric-200000m³-lng-carrier-concept/): The project will explore how hybrid-electric propulsion and GTT NEXT1®cargo containment system technology could support potential improvements in LNG transport efficiency. Lloyd’s Register , Shell and GTT have launched a Joint Development Project to develop a conceptual 200,000m³ LNG carrier combining hybrid-electric propulsion with GTT NEXT1® cargo containment technology. By bringing together a larger-capacity vessel - [Wärtsilä integrate and optimise Aruba's generating assets for reliable and sustainable energy](https://cyprusshippingnews.com/2026/10/15/wartsila-integrate-and-optimise-arubas-generating-assets-for-reliable-and-sustainable-energy/): Technology group Wärtsilä has signed an agreement with Water- en Energiebedrijf Aruba, the Caribbean island’s energy provider, to advance decarbonised operations through the integration, optimisation, and control of Aruba’s power generation assets. The comprehensive solution includes engineering, procurement and construction work to install a 35MW / 70MWh Battery Energy Storage System (BESS), as well as - [IBIA Convention 2026 join Industry Leaders in New York, 10–12 November](https://cyprusshippingnews.com/2026/10/14/ibia-convention-2026-join-industry-leaders-in-new-york-10-12-november/): The right people. The right conversations. One global industry. From 10–12 November 2026, the IBIA Annual Convention will bring senior leaders from across the global bunker, shipping and marine energy sectors together in New York. As regulation evolves, fuel choices expand and technology reshapes the market, the need for informed discussion and trusted industry connections - [Sweden’s north-south grid divide risks limiting value of new clean power capacity, says GlobalData](https://cyprusshippingnews.com/2026/10/16/swedens-north-south-grid-divide-risks-limiting-value-of-new-clean-power-capacity-says-globaldata/): Sweden’s power sector is set for further renewable-led expansion, supported by industrial electrification, green hydrogen development, battery manufacturing, data centers, and continued wind investment. However, constrained transmission between generation-rich northern Sweden and demand centers in the south risks limiting the value of new capacity and widening regional electricity-price differences, says GlobalData, a leading intelligence and - [Space Norway selects Ciena to upgrade its legacy Svalbard system and power new Arctic Way subsea cable](https://cyprusshippingnews.com/2026/10/15/space-norway-selects-ciena-to-upgrade-its-legacy-svalbard-system-and-power-new-arctic-way-subsea-cable/): The contract extends the operational lifespan of legacy Svalbard subsea cables while deploying state-of-the-art optical technology on the new Arctic Way system Ciena 6500 optical platform, WaveLogic 6 Extreme, Spectrum Sharing, and Navigator Network Control Suite deliver resilient, secure connectivity across the Arctic region Turnkey deployment strengthens critical communications for research, development, and national security - [Marlink delivers world-first Intellian C700 upgrade to Iridium GMDSS for Fugro](https://cyprusshippingnews.com/2026/10/15/marlink-delivers-world-first-intellian-c700-upgrade-to-iridium-gmdss-for-fugro/): Successful upgrade aboard Fugro Revelation demonstrates a practical approach to modernising maritime safety communications Marlink has completed a world-first upgrade of an existing Intellian C700 Iridium Certus terminal to a fully commissioned Iridium GMDSS system, aboard offshore supply ship Fugro Revelation. The project shows ships can modernise their safety communications without the cost, complexity or - [SEA.AI Maritime Machine Vision integrated on MARTAC unmanned surface vessels](https://cyprusshippingnews.com/2026/10/15/sea-ai-maritime-machine-vision-integrated-on-martac-unmanned-surface-vessels/): Purpose-built machine vision brings autonomous visual intelligence to MARTAC's high-performance USV fleet, completing the sensor picture where conventional systems reach their limit. SEA.AI, pioneer in maritime machine vision since 2018, announced the integration of its technology on MARTAC unmanned surface vessels. MARTAC, a Florida-based manufacturer of high-performance autonomous maritime platforms proven across thousands of hours - [Viking Line expands Wärtsilä service agreement partnership to a third vessel](https://cyprusshippingnews.com/2026/10/16/viking-line-expands-wartsila-service-agreement-partnership-to-a-third-vessel/): Technology group Wärtsilä has signed a five-year service agreement with Finnish ferry operator Viking Line covering the passenger ferry 'Viking XPRS'. The agreement expands the companies' long-standing cooperation and makes Viking XPRS the third vessel in Viking Line's fleet to benefit from Wärtsilä's tailored lifecycle support services. The order was booked by Wärtsilä in Q2 - [Eurogate orders four automated stacking cranes from Konecranes for its terminal in Wilhelmshaven, Germany](https://cyprusshippingnews.com/2026/10/15/eurogate-orders-four-automated-stacking-cranes-from-konecranes-for-its-terminal-in-wilhelmshaven-germany/): Konecranes has received an order from Eurogate Terminal Solutions for four Automated Stacking Cranes for Container Terminal Wilhelmshaven in Germany. The order was booked in Q3 2026, and the handover is scheduled for the second quarter of 2028. The agreement also includes an option for an additional four ASCs for Eurogate’s Container Terminal Hamburg. The - [Kongsberg Maritime secures contract for four offshore wind CSOVs with Integrated Wind Solutions](https://cyprusshippingnews.com/2026/10/15/kongsberg-maritime-secures-contract-for-four-offshore-wind-csovs-with-integrated-wind-solutions/): Kongsberg Maritime has secured a contract with IWS Fleet AS, a subsidiary of Integrated Wind Solutions , to provide vessel design and integrated technology solutions for four new Skywalker Class Commissioning Service Operation Vessels . The vessels will be constructed by Nantong Rainbow Offshore & Engineering Equipment and will support operations in the expanding offshore - [MOL holds giant step memorial ceremony and beach cleanup at Kashima Coast](https://cyprusshippingnews.com/2026/10/15/mol-holds-giant-step-memorial-ceremony-and-beach-cleanup-at-kashima-coast/): Memorial and Reflection 20 Years After the Accident: Learning from the Past to Foster an Even Stronger Safety Culture Mitsui O.S.K. Lines, announced that on October 8, the company held a memorial ceremony and beach cleanup at Nikkawahama Beach on the Kashimanada Coast in Ibaraki Prefecture, with 179 MOL Group executives and employees in attendance. - [Nokia sell Enterprise Campus Edge business to AURELIUS](https://cyprusshippingnews.com/2026/10/15/nokia-sell-enterprise-campus-edge-business-to-aurelius/): Deal supports Nokia’s strategy to focus capital where the company can differentiate and create long-term value. Planned transaction will provide ECE with greater independence and agility, helping it respond more quickly to customer needs and accelerate the digitalization and transformation of industrial operations. Nokiaannounced that it has signed a definitive agreement regarding the proposed acquisition - [Equinor and Eneco sign five-year gas agreement with verified emissions data](https://cyprusshippingnews.com/2026/10/15/equinor-and-eneco-sign-five-year-gas-agreement-with-verified-emissions-data/): Equinor and Dutch energy company Eneco have signed a five-year agreement for natural gas deliveries. The covers around 9 TWh of natural gas per year, or approximately 0.9 billion cubic metres, to the Dutch gas grid with deliveries started on 1 October 2026. The agreement covers gas from the Norwegian continental shelf, where production and - [KEZAD-based Arabian Gulf Steel Industries achieves lowest verified Carbon Footprint for Rebar](https://cyprusshippingnews.com/2026/10/15/kezad-based-arabian-gulf-steel-industries-achieves-lowest-verified-carbon-footprint-for-rebar/): CARES UK verified Environmental Product Declaration confirms 139 kg CO₂e per tonne for rebar produced at AGSI’s KEZAD Abu Dhabi facility Arabian Gulf Steel Industries, AGSI, the UAE’s largest private steelmaker and recycler, has achieved the lowest verified carbon footprint for rebar, marking a major step for low-carbon construction materials produced in the UAE. AGSI’s - [Middle East conflict delivers double blow to ship recycling markets, warns Wirana](https://cyprusshippingnews.com/2026/10/14/middle-east-conflict-delivers-double-blow-to-ship-recycling-markets-warns-wirana/): Middle East tensions are placing growing pressure on the global ship recycling industry, with strong freight markets restricting the supply of vessels for recycling while inflation and slowing economic activity weaken demand for recycled steel, according to Wirana Shipping. The leading cash buyer of vessels has warned that ship recyclers are facing an increasingly difficult - [Indian Register of Shipping announces launch of first fleet support ship INS Surya](https://cyprusshippingnews.com/2026/10/15/indian-register-of-shipping-announces-launch-of-first-fleet-support-ship-ins-surya/): Indian Register of Shipping continues to strengthen its role in supporting the Indian Navy and India’s naval shipbuilding capabilities through the certification of increasingly larger, more complex and technologically advanced naval platforms. A significant milestone was achieved with the launch of INS Surya, the Indian Navy’s first Fleet Support Ship (FSS) of length 224 meter and - [Seadrill announces contract awards and extensions in Indonesia, Malaysia, Angola, and the US Gulf](https://cyprusshippingnews.com/2026/10/15/seadrill-announces-contract-awards-and-extensions-in-indonesia-malaysia-angola-and-the-us-gulf/): Seadrill Limited announced contract awards and extensions for the West Carina, West Capella, Sonangol Libongos, and Sevan Louisiana. In Indonesia, the West Carina was awarded a contract with an undisclosed operator, with a total contract value of approximately $420 million for the firm term, including a mobilization fee and excluding additional services. The contract has - [xclusiv S&P Report 12th October 2026](https://cyprusshippingnews.com/2026/10/15/xclusiv-sp-report-12th-october-2026/): Pls find below the [xclusiv] S&P Report 12th October 2026 [xclusiv] 2026_10_12 - [South Korea, China Clash Over LNG Carrier Market](https://cyprusshippingnews.com/2026/10/15/south-korea-china-clash-over-lng-carrier-market-2/): Fierce competition is unfolding between South Korea and China in the market for large liquefied natural gas (LNG) carriers, which represent high value-added vessels. As China initiates a pursuit by putting forward a volume offensive through shipyard expansion and the ultra-upsizing of vessels, the South Korean shipbuilding industry is stepping up to maintain a super - [ANA partners with Quvia to bring Real-Time Intelligence to In-Flight Connectivity](https://cyprusshippingnews.com/2026/10/15/ana-partners-with-quvia-to-bring-real-time-intelligence-to-in-flight-connectivity/): Independent QoE and network insights will support ANA as it expands high-speed connectivity and enhances the in-flight customer experience MIRAMAR, Fla.--(BUSINESS WIRE)--Quvia, an edge-to-cloud network platform, today announced that All Nippon Airways (ANA) is deploying Quvia to get an independent, real-time view of in-flight connectivity (IFC) performance and passenger Quality of Experience (QoE), supporting the - [VLCCs Climbing the Record Charts](https://cyprusshippingnews.com/2026/10/15/vlccs-climbing-the-record-charts/): LR2 The TC1 75kt MEG/Japan index decreased by only a single point this week to WS928. The corresponding Baltic round-trip TCE fell by $2,000 to $267,600/day. For the TC20 90kt MEG/UK-Continent run the index increased by $1.03 million to $18.40 million, corresponding to $281,800/day on Baltic round trip. The TC15 80kt Mediterranean/East index increased by - [Diana Shipping announces Time Charter Contract for m/v G P Zafirakis with Classic Maritime](https://cyprusshippingnews.com/2026/10/15/diana-shipping-announces-time-charter-contract-for-m-v-g-p-zafirakis-with-classic-maritime/): Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Classic Maritime Inc., for one of its Capesize dry bulk vessels, the m/v G. P. Zafirakis. The gross charter rate is US$38,000 - [New IMO ESP Code framework for Remote Inspection Techniques](https://cyprusshippingnews.com/2026/10/15/new-imo-esp-code-framework-for-remote-inspection-techniques/): The International Maritime Organisation, through Resolution MSC.584(111) , has adopted amendments to the International Code on the Enhanced Programme of Inspections during Survey of Bulk Carriers and Oil Tankers, 2011. The amendments come into force on 1 January 2028 and are supported by the new IMO Guidelines on the Use of Remote Inspection Techniques for - [Shipping stocks Rally as Hormuz Traffic plunges 75%](https://cyprusshippingnews.com/2026/10/15/shipping-stocks-rally-as-hormuz-traffic-plunges-75/): Ship traffic through the Strait of Hormuz — a critical chokepoint handling about 20% of global crude oil and liquefied natural gas shipments — has fallen to roughly one-quarter of its prewar level. According to a report by the United Kingdom Maritime Trade Operations , the number of vessels transiting the strait has declined by - [Appetite for US crude oil exports climbs despite high freight](https://cyprusshippingnews.com/2026/10/15/appetite-for-us-crude-oil-exports-climbs-despite-high-freight/): South Korea tops US crude destinations at 568,600 b/d VLCC rates to Asia double, closing arbitrage window European refining margins widen gap over Singapore US crude exports remained elevated at 3.5 million b/d in September, edging up from 3.4 million b/d in August, according to S&P Global Commodities at Sea data, but well below the - [Trafigura signs 10-year lithium offtake agreement with EnergyX](https://cyprusshippingnews.com/2026/10/15/trafigura-signs-10-year-lithium-offtake-agreement-with-energyx/): Agreement covers 100,000 metric tons of battery-grade lithium products from projects in Chile and the US Trafigura has signed a binding 10-year offtake agreement with Energy Exploration Technologies, for 100,000 metric tons of battery-grade lithium products from its projects in the US and Chile. Under the agreement, Trafigura will purchase lithium carbonate from EnergyX's Project - [Cruise industry professionals from around the world will gather in Riga](https://cyprusshippingnews.com/2026/10/15/cruise-industry-professionals-from-around-the-world-will-gather-in-riga/): This week, cruise industry professionals, representatives of cruise lines, Baltic Sea ports, and cruise destinations will visit Riga to participate in the “Cruise Baltic Summit”, a conference organized by the international cruise association Cruise Baltic, taking place in Riga on October 6 and 7. Prior to the conference, cruise line representatives will take part in - [Port of Hamburg Marketing celebrates Czech handover of leadership at the Port Evening Reception in Prague](https://cyprusshippingnews.com/2026/10/15/port-of-hamburg-marketing-celebrates-czech-handover-of-leadership-at-the-port-evening-reception-in-prague/): After more than 25 years, Vladimír Doboš handed over the management of the Prague representative office to Petr Kryštof in front of over 180 guests at the 36th Port Evening Reception. For the first time, Port of Hamburg Marketing organised a B2B matchmaking event to precede the Port Evening Reception in Prague. The new format, - [Qatar utility-scale solar drive to reshape power generation mix, says GlobalData](https://cyprusshippingnews.com/2026/10/14/qatar-utility-scale-solar-drive-to-reshape-power-generation-mix-says-globaldata/): Qatar is accelerating the deployment of utility-scale solar photovoltaics as part of a national strategy to diversify its power mix, reduce domestic gas consumption for power generation, and curb emissions intensity, while maintaining gas-fired generation as the bedrock of system reliability. The solar drive is expected to help lift renewable energy’s share in the country’s - [South Korea Government steps up support for Southwestern Semiconductor and AI Shipbuilding projects](https://cyprusshippingnews.com/2026/10/14/government-steps-up-support-for-southwestern-semiconductor-and-ai-shipbuilding-projects/): 800 Trillion Won Semiconductor Investment Plan Drives Push for Land and Power Infrastructure; Shipbuilders Pledge 400 Billion Won for AI Shipyards The South Korea government is accelerating efforts to develop South Korea’s southwestern region into a semiconductor and artificial intelligence (AI) cluster powered by renewable energy, backed by a large-scale investment plan worth 800 trillion - [China Merchants Energy Shipping and RINA Partner explore AI-Driven Ship Operations and Next-Generation Maritime Technologies](https://cyprusshippingnews.com/2026/10/14/china-merchants-energy-shipping-and-rina-partner-explore-ai-driven-ship-operations-and-next-generation-maritime-technologies/): China Merchants Energy Shipping , one of the world's leading shipping and maritime transportation companies, and RINA, the multinational inspection, certification, ship classification and engineering consultancy group, have signed a Memorandum of Understanding establishing a framework for strategic cooperation across maritime safety, digitalisation, operational excellence and emerging shipping technologies. The agreement creates a platform for - [Eni signs two agreements for the sale of stakes in selected upstream assets in Indonesia](https://cyprusshippingnews.com/2026/10/14/eni-signs-two-agreements-for-the-sale-of-stakes-in-selected-upstream-assets-in-indonesia/): Eni has signed two binding agreements to sell interests in selected Indonesian upstream assets operated by Searah, the independent 50/50 joint venture between Eni and Petronas. Sale to Pertamina: Eni will sell its 10% interest in the East Sepinggan, North Ganal, and Rapak PSCs to Pertamina, Indonesia’s national energy company and the country’s largest oil and - [Soya Group launches FLOW Maritime](https://cyprusshippingnews.com/2026/10/14/soya-group-launches-flow-maritime/): Soya Group is now launching FLOW Maritime, a new marine energy transition company established to help shipowners realise the commercial, regulatory and environmental value of moving to alternative fuels. FLOW Maritime supports the wider maritime sector in accelerating its decarbonization journey, serving as a catalyst for faster decarbonization across the global maritime industry. The transition - [Seafy® launches P2T onboard crew communications move to smartphones](https://cyprusshippingnews.com/2026/10/14/seafy-launches-p2t-onboard-crew-communications-move-to-smartphones/): The new system brings operational crew communications directly to smartphones using the vessel’s existing onboard Wi-Fi network. It works without an internet or cloud connection, with dedicated departmental channels, centralised management and vessel-based licensing rather than per-user fees. Seafy® is expanding its onboard digital ecosystem with the launch of Seafy P2T Push-to-Talk, a system designed - [ACR Electronics wins award for Electronic Flares Campaign](https://cyprusshippingnews.com/2026/10/14/acr-electronics-wins-award-for-electronic-flares-campaign/): Safety and survival technology leader ACR Electronics has been recognized by the Sea Tow Foundation™ for its global campaign to drive maritime industry transition to electronic flares. Presented at this year’s International BoatBuilders’ Exhibition & Conference (IBEX), the National Boating Safety Award for Best Integrated Boating Safety Campaign honors ACR Electronics’ multi-channel efforts to raise - [Bibby Marine celebrates landmark launch of pioneering battery-first eCSOV in Vigo](https://cyprusshippingnews.com/2026/10/14/bibby-marine-celebrates-landmark-launch-of-pioneering-battery-first-ecsov-in-vigo/): Bibby Marine launched its new first-of-a-kind electric commissioning service operation vessel at Armon Shipyard in Vigo, Spain, on Saturday 10 October, marking a major milestone in the vessel’s journey from concept to reality. The vessel, which will carry the name Staffordshire, entered the water at an event attended by members of the Bibby family and senior Bibby - [Dualog launches secure messaging for ship and shore](https://cyprusshippingnews.com/2026/10/14/dualog-launches-secure-messaging-for-ship-and-shore/): Dualog has launched Dualog Chat, a secure messaging service built for shipping. The first service in Workspace by Dualog, Chat gives crews and shore teams a company-controlled space to communicate, with channels organised by vessel, rank and role. Every user has a secure identity, with no shared logins. Communication at sea is often fragmented. In - [Nokia launches flexible 50G/25G/10GPON solution to accelerate AI-ready fiber broadband](https://cyprusshippingnews.com/2026/10/14/nokia-launches-flexible-50g-25g-10gpon-solution-to-accelerate-ai-ready-fiber-broadband/): Nokia is the first vendor with a 16-port line card solution that supports GPON, 10G, 25G and 50G PON on every port, enabling operators to evolve their networks with greater flexibility and lower risk. Built on Nokia’s Quillion chipset and multi-PON optical modules, the high-density line card unlocks mass-market deployment of fiber access speeds up - [Sagar Defence and Lloyd’s Register join forces to advance certification of autonomous maritime systems](https://cyprusshippingnews.com/2026/10/15/sagar-defence-and-lloyds-register-join-forces-to-advance-certification-of-autonomous-maritime-systems/): The collaboration will help create a practical pathway for the assurance, certification and deployment of autonomous and remotely operated maritime technologies. Lloyd’s Register (LR) and Sagar Defence Engineering Limited (SDEL) have signed a Memorandum of Understanding (MoU) to help create practical pathways for the safe certification, assurance and regulatory acceptance of autonomous and remotely operated - [Port call optimisation pilot projects reveal significant emissions savings potential](https://cyprusshippingnews.com/2026/10/14/port-call-optimisation-pilot-projects-reveal-significant-emissions-savings-potential/): Commercial ships spend between 4% and 6% of their operating year waiting outside ports. That idle time is one of the clearest inefficiencies in shipping, and a combination of slower sailing speeds and port call optimisation can reduce the emissions and fuel currently wasted as ships await an available berth. Instead of sailing fast only - [Port Houston celebrates Historic Project 11 Milestone](https://cyprusshippingnews.com/2026/10/14/port-houston-celebrates-historic-project-11-milestone/): Houston Ship Channel expansion strengthens safety, efficiency, and regional prosperity Port Houston joined federal, state, and local elected officials and industry partners Thursday, October 8, to celebrate the completion of Port Houston-led segments of Project 11, the latest expansion of the Houston Ship Channel and one of the most significant infrastructure projects in the waterway’s - [Global VLCC Spot Earnings rise to $805,000/Day](https://cyprusshippingnews.com/2026/10/14/global-vlcc-spot-earnings-rise-to-805000-day/): Clarksons Research, the data and analytics arm of the Clarksons Group, continue to track and monitor shipping activity and markets impacted by the Middle East conflict, with energy shipping markets experiencing unprecedented conditions. Summarising their latest weekly recap issued today at 18.00 pm GMT 9th October, Steve Gordon, Global Head of Clarksons Research commented: Crude - [India and the Widening Tanker Freight Squeeze](https://cyprusshippingnews.com/2026/10/14/india-and-the-widening-tanker-freight-squeeze/): This week’s Tanker Market Monitor tracks India’s return to Iraqi supply as Gulf oil movements recover amid persistent shipping risk. Yanbu is rebuilding its role as an export outlet, but insurance costs and the onward Red Sea voyage remain important constraints. At the same time, freight strength is spreading through Suezmax and Aframax markets in - [IMO adopts frameworks to assess marine geoengineering research activities](https://cyprusshippingnews.com/2026/10/14/imo-adopts-frameworks-to-assess-marine-geoengineering-research-activities/): New guidance will help governments evaluate marine geoengineering research proposals to ensure they are safe for the environment. The International Maritime Organization (IMO) has adopted new guidance aimed at ensuring marine geoengineering research avoids unacceptable impacts, amid growing interest in climate change mitigation technologies. Marine geoengineering involves methods to increase the ocean’s capacity to absorb - [Equinor and Shell partner on the Bay du Nord project](https://cyprusshippingnews.com/2026/10/14/equinor-and-shell-partner-on-the-bay-du-nord-project/): Equinor and Shell have signed an agreement under which Shell will acquire a 30% interest in the Bay du Nord project offshore Newfoundland and Labrador in Canada. The transaction supports the continued maturation of Bay du Nord towards an investment decision currently targeted for early 2027. Equinor will retain a 70% interest and remain as - [Star Bulk announces strategic partnership with Hermes World Maritime](https://cyprusshippingnews.com/2026/10/14/star-bulk-announces-strategic-partnership-with-hermes-world-maritime/): Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (Nasdaq & Euronext Athens: SBLK), today announced that it has entered into a strategic partnership with Hermes World Maritime S.A. (“Hermes”), involving two 2026 Kamsarmax vessels namely the Star Ellie and the Star Bella. Under the agreement, Hermes will acquire a 35% ownership interest in the - [Thai Cave Rescue Diver Chris Jewell to Bring Lessons in Risk and Safety to IMCA Global Summit](https://cyprusshippingnews.com/2026/10/14/thai-cave-rescue-diver-chris-jewell-to-bring-lessons-in-risk-and-safety-to-imca-global-summit/): The International Marine Contractors Association (IMCA) will launch its new strategy to 2030 as hundreds of offshore leaders and technical specialists gather in Antwerp, Belgium, on 28 and 29 October Keynote speakers include JERA Nex bp CEO Nathalie Oosterlinck, IMCA President Hugo Bouvy, the Managing Director of DEME Offshore, and Saravan Penubarthi, Chief Technology Officer - [TT Club and UK P&I Club members approve merger to create the first transport mutual to span the cargo supply chain ](https://cyprusshippingnews.com/2026/10/14/tt-club-and-uk-pi-club-members-approve-merger-to-create-the-first-transport-mutual-to-span-the-cargo-supply-chain/): Members of the UK P&I Club, and the TT Club have voted strongly in favour of merging the two organisations to create the first transport mutual to span the entire cargo supply chain. Together, the group will cover maritime, logistics, ports and terminals industries. Approval was confirmed at the Clubs’ separate Special General Meetings held - [DORIC WEEKLY INSIGHT 09 OCTOBER 2026](https://cyprusshippingnews.com/2026/10/12/doric-weekly-insight-09-october-2026/): Please find below the DORIC Market Insight for the week ending 09th October 2026. Weekly Report 09.10.2026 - [Coal in Focus - China’s 2027–28 US Coal Commitment](https://cyprusshippingnews.com/2026/10/14/coal-in-focus-chinas-2027-28-us-coal-commitment/): A second commodity joins the US–China trade programme. On 25 September the White House announced that China would import at least 10 million tonnes of US coal in each of 2027 and 2028, and on 28 September China’s Ministry of Commerce included coal in its reciprocal tariff-reduction framework, with implementation to follow both countries’ domestic - [Antenna Research Associates and Empower RF Systems announce merger to Build an Integrated RF Platform for Contested-Spectrum Missions](https://cyprusshippingnews.com/2026/10/14/antenna-research-associates-and-empower-rf-systems-announce-merger-to-build-an-integrated-rf-platform-for-contested-spectrum-missions/): Combination pairs antenna and high-power amplifier engineering as demand grows for counter-UAS, electronic warfare, and resilient communications at the tactical edge Antenna Research Associates, an OceanSound Partners portfolio company and an experienced provider of integrated radio frequency ("RF") and advanced communications solutions spanning communications, tactical RF, and radar-critical subsystems for the aerospace and defense end - [SLB awarded Digital Drilling contract by TotalEnergies](https://cyprusshippingnews.com/2026/10/13/slb-awarded-digital-drilling-contract-by-totalenergies/): Global energy technology company SLB (NYSE: SLB) today announced a 15-year agreement with TotalEnergies to use the DrillPlan™ coherent well planning and engineering solutions. The agreement will support TotalEnergies’ transition to a digital planning environment, connecting subsurface insights with well planning and engineering. Enabled by SLB’s DrillPlan solutions and the expertise of both companies, the - [Seatrium secures Full-Scope EPCIC FSRU conversion contract from Excelerate Energy, advancing energy security through floating LNG Infrastructure](https://cyprusshippingnews.com/2026/10/13/seatrium-secures-full-scope-epcic-fsru-conversion-contract-from-excelerate-energy-advancing-energy-security-through-floating-lng-infrastructure/): • Includes option for a second EPCIC FSRU conversion contract • Engineering activities to commence in 4Q2026, with target delivery in 2028 Seatrium Limited has secured a Floating Storage Regasification Unit (“FSRU”) conversion contract with an option for a second contract from Excelerate Energy, Inc – the global leader in the FSRU industry. The award marks - [McCormick visits Hanwha Ocean Shipyard](https://cyprusshippingnews.com/2026/10/14/mccormick-visits-hanwha-ocean-shipyard/): A United States senator directly visited a South Korean shipyard site and materialized plans for cooperation in the shipbuilding industry between South Korea and the United States. United States Senator Dave McCormick visited the Hanwha Ocean Geoje Shipyard on the afternoon of Oct. 7. Senator McCormick inspected the infrastructure and production capabilities of Hanwha Ocean - [Corvus Blue Whale NxtGen Energy awarded DNV type approval](https://cyprusshippingnews.com/2026/10/13/corvus-blue-whale-nxtgen-energy-awarded-dnv-type-approval/): Corvus Energy, the leading provider of energy storage solutions for the maritime industry, announced that DNV has granted Type Approval to its Blue Whale NxtGen Energy battery system, in both air-cooled and liquid-cooled configurations. The Type Approval confirms that Blue Whale NxtGen Energy meets DNV's requirements for safety, quality and performance. It gives shipowners, shipyards - [Eliana Savvidi, General Counsel at InterMaritime Shipmanagement recognised in the Legal 500 GC Powerlist: Greece & Cyprus 2026 for the 6th Consecutive Year](https://cyprusshippingnews.com/2026/10/12/eliana-savvidi-general-counsel-at-intermaritime-shipmanagement-recognized-in-the-legal-500-gc-powerlist-greece-cyprus-2026-for-the-6th-consecutive-year/): Eliana Savvidi, General Counsel at InterMaritime Shipmanagement Ltd., has been recognised in the Legal 500 GC Powerlist: Greece & Cyprus 2026 – for the 6th consecutive year - highlighting her continued contribution to the region’s in-house legal community. The recognition reflects Eliana’s strategic approach to legal leadership and her role in supporting InterMaritime through a - [Wallenius Marine takes the next step for wind-powered shipping in new research project](https://cyprusshippingnews.com/2026/10/12/wallenius-marine-takes-the-next-step-for-wind-powered-shipping-in-new-research-project/): Wind is once again set to become one of shipping’s most important sources of energy. To accelerate this development, Wallenius Marine, together with KTH, RISE and AlfaWall Oceanbird, is launching a new research project to build new knowledge on how vessels can be designed to better harness the potential of modern wind propulsion systems. Shipping - [Hormuz: Normalisation no longer needs to wait for a deal](https://cyprusshippingnews.com/2026/10/12/hormuz-normalisation-no-longer-needs-to-wait-for-a-deal/): Kpler is moving away from the assumption that reopening the Strait of Hormuz requires a comprehensive political agreement. Our base case will instead reflect slower, uneven normalisation under continued conflict, with shipping recovering through operational adaptation rather than following a single diplomatic trigger. This better reflects what the physical market is already showing. The consensus - [Spyros Papavassiliou honoured with the “Ge’ Néo Epicheirein” 2026 Award in the Shipping Enterprises category](https://cyprusshippingnews.com/2026/10/13/spyros-papavassiliou-honoured-with-the-ge-neo-epicheirein-2026-award-in-the-shipping-enterprises-category/): Celebrating leadership, entrepreneurial excellence and a strong contribution to Cyprus shipping. Island Energies is proud to announce that Mr Spyros Papavassiliou, Deputy CEO and Executive Member of the Board of Directors, has received the Cyprus Chamber of Commerce and Industry’s (KEBE) “Ge’ Néo Epicheirein” 2026 Award in the Shipping Enterprises category. This prestigious distinction celebrates - [Port of Piraeus receives special award marking 10 years since COSCO SHIPPING joined its Shareholding Structure](https://cyprusshippingnews.com/2026/10/13/port-of-piraeus-receives-special-award-marking-10-years-since-cosco-shipping-joined-its-shareholding-structure-award-presented-at-the-9th-infrastructure-and-transport-conference-itc-2026/): Award presented at the 9th Infrastructure and Transport Conference ITC 2026 A significant milestone in the history of Piraeus Port Authority and the development of the Port of Piraeus was commemorated at the 9th Infrastructure and Transport Conference ITC 2026, with the presentation of a Special Award marking 10 years since COSCO SHIPPING joined PPA - [Seafarers’ voices must shape the future of mental health support at sea, says OneCare Group](https://cyprusshippingnews.com/2026/10/13/seafarers-voices-must-shape-the-future-of-mental-health-support-at-sea-says-onecare-group/): The shipping industry must listen more closely to the lived experiences of seafarers if it is to build working environments that genuinely protect mental health and wellbeing, OneCare Group has warned ahead of World Mental Health Day. This year’s theme for World Mental Helath Day, being celebrated on October 10th,,“Lived experiences heard: real voices, real change,” calls - [Where Chemistry meets performance PETRONAS advances sustainable fuel innovation](https://cyprusshippingnews.com/2026/10/13/where-chemistry-meets-performance-petronas-advances-sustainable-fuel-innovation/): PETRONAS’ Advanced Sustainable Fuel is powering winning performance for the Mercedes-AMG PETRONAS Formula One Team in Formula One’s first season of advanced sustainable fuels, extending the team’s momentum on track while meeting the sport’s 2026 sustainability requirements. PETRONAS’ Fluid Technology Solutions™ support the team’s integrated power unit at the pinnacle of motorsport. The Fédération Internationale - [GTT Energy receives an order from Jiangnam Shipyard for the tank design of new LNG carriers](https://cyprusshippingnews.com/2026/10/13/gtt-energy-receives-an-order-from-jiangnam-shipyard-for-the-tank-design-of-new-lng-carriers/): GTT Energy, the Group’s business unit dedicated to containment and energy management systems, announces that it has received, in the third quarter of 2026, an order from Jiangnan shipyard for the tank design of two new Liquefied Natural Gas Carriers. These vessels will be built on behalf of ADNOC Logistics and Services, the ship-owner. GTT - [New aftermarket contracts at Ulstein Verft secure activity into 2027](https://cyprusshippingnews.com/2026/10/13/new-aftermarket-contracts-at-ulstein-verft-secure-activity-into-2027/): "In the past two weeks, we have signed contracts representing more than five months of work through to Easter 2027. In addition, we have been heavily engaged in conversion projects since March this year, including three major vessel conversions, two of which are still ongoing," says Aftermarket Sales Manager Martin Sundgot Hansen. Docking capacity The - [T-Mobile's Friday Night 5G lights narrows the field to 40 schools chasing a $1M upgrade](https://cyprusshippingnews.com/2026/10/13/t-mobiles-friday-night-5g-lights-narrows-the-field-to-40-schools-chasing-a-1m-upgrade/): Each finalist earns $25,000 and a T-Mobile-hosted Home Game Celebration as communities nationwide vote and rally for their hometown teams Four Division Champions will score $250,000, a Gronk Fitness gym and more T-Mobile announced the Top 40 Division Finalists in its Friday Night 5G Lights competition, kicking off an exciting new phase where small-town schools - [MessageGears expands Warehouse-Native AI with new MCP, agent-ready APIs, and built-in predictive models](https://cyprusshippingnews.com/2026/10/13/messagegears-expands-warehouse-native-ai-with-new-mcp-agent-ready-apis-and-built-in-predictive-models/): As more marketing work moves into AI assistants, MessageGears becomes the governed execution layer between AI and the data warehouse. MessageGears, the leading data-native cross-channel marketing platform, today announced a suite of warehouse-native AI capabilities for enterprise teams: The MessageGears MCP: Build audiences, campaigns, and multichannel content right from Claude, ChatGPT, or any MCP-compatible AI - [BIMCO adopts addendum to support investments in retrofit projects](https://cyprusshippingnews.com/2026/10/14/bimco-adopts-addendum-to-support-investments-in-retrofit-projects/): The shipping industry is working to improve fuel efficiency and ship performance to address decarbonisation requirements, new regulations and rising operational costs. To support these developments, BIMCO has adopted the Energy Saving Device Retrofit Addendum 2026. The new contractual framework is designed to facilitate the installation of energy-saving devices during the period of a time - [Christian Radich Foundation announces fund-raising event to support Windjammer youth programme](https://cyprusshippingnews.com/2026/10/14/christian-radich-foundation-announces-fund-raising-event-to-support-windjammer-youth-programme/): The Propeller Club of Norway and Windjammer will bring the maritime community together to raise funds for the completion of the new Christian Radich Windjammer centre on 22 October 2026. Located in Skur 32 on the west side of Oslo’s harbour, the new centre will be a permanent home to Windjammer, a programme offering young - [Danish Shipping announces new digital maps to help protect biodiversity in Danish waters](https://cyprusshippingnews.com/2026/10/14/danish-shipping-announces-new-digital-maps-to-help-protect-biodiversity-in-danish-waters/): The project has been developed in collaboration with DHI. As part of the project, DHI has carried out biological risk assessments of a range of impacts from shipping, including discharges, light and underwater radiated noise. Based on these assessments, maps have been developed showing where Danish marine areas are particularly sensitive to different types of - [Bangladesh's Chittagong Port Authority and DP World sign 15 year concession for new Mooring Container Terminal](https://cyprusshippingnews.com/2026/10/13/bangladeshs-chittagong-port-authority-and-dp-world-sign-15-year-concession-for-new-mooring-container-terminal/): The Chittagong Port Authority and DP World have signed a 15-year concession agreement for the operation and maintenance of the New Mooring Container Terminal including Overflow Container Yard at Chittagong Port under a Public-Private Partnership framework. The partnership is expected to enhance terminal performance, strengthen Bangladesh’s trade and logistics capabilities, and improve connectivity with regional - [Teledyne Raymarine Commercial introduces MyRA 2.0 Voyage Planning Platform](https://cyprusshippingnews.com/2026/10/13/teledyne-raymarine-commercial-introduces-myra-2-0-voyage-planning-platform/): Teledyne Raymarine Commercial, part of Teledyne Technologies Incorporated introduced MyRA™ 2.0, a next-generation web-based voyage planning and route appraisal platform designed to help commercial shipping operators create validated, compliant voyage plans faster while improving collaboration between vessel and shore-based teams. Built on Raymarine Commercial's continuously maintained global routing intelligence database and integrated with the company's - [Highly successful conclusion of the 2nd CSN Northern European Crewing Conference in Hamburg: Crewing 5.0 in Focus](https://cyprusshippingnews.com/2026/10/14/highly-successful-conclusion-of-the-2nd-csn-northern-european-crewing-conference-in-hamburg-crewing-5-0-in-focus/): We are delighted to report the highly successful conclusion of the 2nd CSN Northern European Crewing Conference, which took place on the 22nd of September at the Hotel Hafen Hamburg. The event brought together leading shipowners, shipmanagers, and maritime professionals for a day of engaging dialogue on the realities facing our seafarers today. As the - [Prime Tanker Management deploys ShipIn across its entire fleet to improve safety performance](https://cyprusshippingnews.com/2026/10/13/prime-tanker-management-deploys-shipin-across-its-entire-fleet-to-improve-safety-performance/): Master-led use of operational insight supports measurable improvement across PPE, bridge, and technical performance while strengthening fleet-wide assurance and TMSA readiness Prime Tanker Management has adopted ShipIn’s FleetVision™ platform across its managed fleet, giving Masters and shore teams a clearer view of everyday vessel operations and stronger evidence to support safety improvement. Prime introduced FleetVision - [VIKAND urges regular communication with seafarers during prolonged crises](https://cyprusshippingnews.com/2026/10/13/world-mental-health-day-vikand-urges-regular-communication-with-seafarers-during-prolonged-crises/): Ahead of World Mental Health Day on 10 October, global maritime healthcare provider VIKAND is urging shipping companies to maintain regular communication with seafarers during prolonged periods of geopolitical tension and operational uncertainty. For crews working in or close to areas of heightened risk, the pressure does not necessarily end when an immediate threat passes. - [Nor-Shipping targets tomorrow’s vessels today with 2027 award call](https://cyprusshippingnews.com/2026/10/09/nor-shipping-targets-tomorrows-vessels-today-with-2027-award-call/): Nor-Shipping has launched its 2027 Next Generation Ship Award, turning the spotlight on projects with the potential to steer shipping towards more sustainable, profitable and efficient horizons. Open to newbuild, retrofit and conversion projects across all vessel types, the award provides a high-profile opportunity to demonstrate how innovative ship design and operation can address complex - [ITAMA 70 the new open yacht that elevates freedom at sea to a new dimension of elegance](https://cyprusshippingnews.com/2026/10/15/itama-70-the-new-open-yacht-that-elevates-freedom-at-sea-to-a-new-dimension-of-elegance/): The model combines the DNA of the sporty open yacht with a fresh take on design, liveability and comfort, for an unparalleled living experience at sea. Itama 70 enhances the experience of freedom at sea through new spaces, innovative solutions and a contemporary design language, while retaining the minimalist style that has always been a - [ABP’s HELM Immingham opens for business](https://cyprusshippingnews.com/2026/10/13/abps-helm-immingham-opens-for-business/): Associated British Ports marked the official opening of its HELM Immingham site, a 227-acre industrial and logistics development site. Seen as one of the most significant developments of its kind in the region for a decade, the event was marked by a ribbon cutting ceremony and a tour of the Phase One units for invited - [Marpoint achieves new ISO Certifications, strengthening Data Privacy and Business Continuity](https://cyprusshippingnews.com/2026/10/09/marpoint-achieves-new-iso-certifications-strengthening-data-privacy-and-business-continuity/): Marpoint has achieved ISO/IEC 27701 and ISO 22301 certification, strengthening its existing ISO/IEC 27001 certification and reinforcing its commitment to information security, data privacy and operational resilience. ISO/IEC 27701 provides a structured framework for managing personal data, strengthening accountability and supporting compliance with privacy requirements, including GDPR. This is particularly relevant to services involving access - [Cognitum One announces ruOS, the Enterprise Computer Platform for AI Agents](https://cyprusshippingnews.com/2026/10/13/cognitum-one-announces-ruos-the-enterprise-computer-platform-for-ai-agents/): As Meta’s Muse and OpenAI’s dots bring AI agents with computers of their own into the mainstream, ruOS gives enterprises a multi-agent environment they own and control. AI assistants are becoming persistent digital coworkers with computers of their own. Cognitum One™, Inc. today announced ruOS, the execution layer for enterprises and software providers building these - [WinGD awarded Global Service agreement for three TMS Cardiff Gas LNG carrier newbuilds](https://cyprusshippingnews.com/2026/10/13/wingd-awarded-global-service-agreement-for-three-tms-cardiff-gas-lng-carrier-newbuilds/): Swiss marine power company WinGD has secured a long-term engine service agreement covering three newbuilds operated by Athens-based ship management company TMS Cardiff Gas . The three LNG carriers built by HD Hyundai Samho in South Korea, are each equipped with two of WinGD’s 5X72DF dual fuel engines. The agreement further strengthens WinGD’s lifecycle support - [ABP welcomes HANSEATIC spirit the largest ever cruise ship to visit the Port of Ipswich](https://cyprusshippingnews.com/2026/10/13/abp-welcomes-hanseatic-spirit-the-largest-ever-cruise-ship-to-visit-the-port-of-ipswich/): Hapag-Lloyd Cruises’ expedition vessel, HANSEATIC spirit, becomes the largest cruise ship ever to visit Ipswich, highlighting the growing appeal of regional UK cruise destination Associated British Ports, the UK’s largest port operator, welcomed the largest-ever cruise visit to the Port of Ipswich on Saturday 3 October, as Hapag-Lloyd Cruises’ expedition ship HANSEATIC spirit called at - [Veson Nautical and Marcura expand partnership to Streamline Demurrage Management](https://cyprusshippingnews.com/2026/10/13/veson-nautical-and-marcura-expand-partnership-to-streamline-demurrage-management/): Marcura Claims now integrates with IMOS, giving joint clients another way to manage demurrage. Global maritime technology leaders Veson Nautical and Marcura announced an expanded partnership that connects Marcura Claims, Marcura’s platform for laytime and demurrage management, with IMOS, Veson’s flagship solution for commercial freight contract management and voyage execution — giving joint clients more - [Ula turns 40 a story about people, technology and value creation](https://cyprusshippingnews.com/2026/10/12/ula-turns-40-a-story-about-people-technology-and-value-creation/): On 6 October, it is 40 years since Ula started oil and gas production. The field was originally expected to produce for around 10–11 years. Four decades later, Ula is still in operation, thanks to technology development, continuous improvement and strong professional communities. When production started in 1986, few envisioned that Ula would still be - [Samsung introduces ‘SmartThings Now’ in new platform update that brings more intuitive user experiences](https://cyprusshippingnews.com/2026/10/12/samsung-introduces-smartthings-now-in-new-platform-update-that-brings-more-intuitive-user-experiences/): SmartThings Now leads a redesigned Home tab experience by delivering personalized information and controls at the right time Local control keeps connected devices responsive, even during network disruptions Samsung Electronics today announced the latest update to SmartThings, its global connected living platform now serving 470 million registered users and supporting 430+ Works with SmartThings (WWST)-certified - [SAP showcases the autonomous enterprise in caution](https://cyprusshippingnews.com/2026/10/12/sap-showcases-the-autonomous-enterprise-in-caution/): Just five months after promising customers that it would enable them to become AI-native autonomous enterprises, SAP has delivered: showcasing it with on-stage demos and live customers at SAP Connect in Las Vegas. “It’s time to show you the Autonomous Enterprise in action underpinned by great customer stories,” SAP CEO Christian Klein told his keynote - [Goltens Worldwide enters into agreement for sale to HD Hyundai Marine Solution](https://cyprusshippingnews.com/2026/10/13/goltens-worldwide-enters-into-agreement-for-sale-to-hd-hyundai-marine-solution/): Proposed acquisition supports long-term growth while preserving Goltens’ independence and commitment to customers Goltens Worldwide announced that it has entered into an agreement for its sale to HD Hyundai Marine Solution (HMS). The transaction is anticipated to be completed in the late fourth quarter of 2026 or early first quarter of 2027. The agreement represents - [Singapore strengthens ship registry capabilities as Registry marks 60 Years](https://cyprusshippingnews.com/2026/10/12/singapore-strengthens-ship-registry-capabilities-as-registry-marks-60-years/): The Singapore Registry of Ships (SRS) is strengthening its capabilities to support a more digital and increasingly multi-fuel shipping sector, as it marks 60 years since its establishment in 1966. At the SRS Forum on 2 October 2026, which was attended by industry and union partners, Senior Minister of State for Law and Transport Mr - [Thermal Weakness Drags Global Coal Flows Lower](https://cyprusshippingnews.com/2026/10/13/thermal-weakness-drags-global-coal-flows-lower/): Global seaborne coal flows fell 6.7% year on year in September 2026 to 115 Mt. Thermal coal drove the decline, and a rise in met coal flows was not enough to offset it. Behind the headline, regional demand diverged sharply. India and China cut arrivals as domestic production and renewable output grew, while Japan increased - [CMA CGM and DSV strengthen their partnership to accelerate low-carbon shipping through ACT+](https://cyprusshippingnews.com/2026/10/13/cma-cgm-and-dsv-strengthen-their-partnership-to-accelerate-low-carbon-shipping-through-act/): DSV chooses CMA CGM’s ACT+ low-carbon shipping solution to support a targeted reduction of 12,000 tonnes of CO2 emissions over two years The agreement reflects the shared commitment of CMA CGM and DSV to accelerating the decarbonization of global supply chains ACT+ enables up to 83% CO2 emissions reductions through the use of low-carbon fuels, - [Battery-powered ships sail past the 2,000-vessel milestone](https://cyprusshippingnews.com/2026/10/13/battery-powered-ships-sail-past-the-2000-vessel-milestone/): The maritime industry’s decarbonization transition has reached another historic milestone, with the global fleet of battery-powered commercial vessels officially surpassing the 2,000-ship mark. Data collected on the Maritime Battery Forum (MBF) Ship Registry confirms that 2,000+ commercial ships have been delivered with battery installations or are currently on order. Overall, this fleet represents a massive - [BIMCO Shipping Number of the Week](https://cyprusshippingnews.com/2026/10/13/bimco-shipping-number-of-the-week-117/): LR2 demand grows despite 28% fall in clean product volume “During the first nine months of 2026, clean product volumes loaded on LR2 tankers fell 28% year-on-year followingdisruptions in the Strait of Hormuz. Despite the lower volumes, tonne-mile demand increased 2% year-on-year,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. LR2 product tankers loaded on - [Equinor gas discovery at the Gullfaks field in the North Sea](https://cyprusshippingnews.com/2026/10/13/equinor-gas-discovery-at-the-gullfaks-field-in-the-north-sea/): Equinor and its partners have discovered gas at the Gullfaks South field, 190 kilometres northwest of Bergen. Between 0.5 million and 1.6 million standard cubic metres of recoverable oil equivalents have been discovered. This corresponds to 3.3 to 10.3 million barrels of oil equivalent. The exploration well was drilled as a sidetrack in connection with - [LNG bunkering vessel “Kaguya” achieves its 200th LNG Bunkering Operation](https://cyprusshippingnews.com/2026/10/12/lng-bunkering-vessel-kaguya-achieves-its-200th-lng-bunkering-operation/): Providing Ship-to-Ship LNG Bunkering Services in the Chubu region On September 30, 2026 the LNG Bunkering Vessel “Kaguya” achieved a cumulative total of 200th safe ship-to-ship LNG bunkering operations in Mikawa Bay in Japan. Kaguya is owned and operated by joint venture companies in which Kawasaki Kisen Kaisha, has invested. “K” LINE has operated an LNG bunkering business for - [WISTA Cyprus brings the next generation closer to the sea](https://cyprusshippingnews.com/2026/10/09/wista-cyprus-brings-the-next-generation-closer-to-the-sea/): As part of its activities for World Maritime Day 2026, WISTA Cyprus brought its members and their families together for “Here Only Monachus”, a children’s workshop dedicated to the Mediterranean monk seal, the sea and the marine environment. Held on 19 September at the Limassol Municipal Gallery, the workshop offered children an interactive and experiential - [Iran insists it controls Hormuz as rial hits record low and exports dry up](https://cyprusshippingnews.com/2026/10/09/iran-insists-it-controls-hormuz-as-rial-hits-record-low-and-exports-dry-up/): Iran's military insisted it retained full control of Hormuz and the foreign minister said the strait could reopen within seven days if Tehran's conditions were met, after US Treasury Secretary Bessent said Iran had not loaded a single barrel of crude onto tankers in September. Iran insists it controls Hormuz as rial hits record low - [HD Hyundai delivers World's First "Lashing-Free" Container Ship](https://cyprusshippingnews.com/2026/10/09/hd-hyundai-delivers-worlds-first-lashing-free-container-ship/): Applied to a 13,000-TEU container ship built and delivered for a French shipping company Increases on-deck cargo capacity by more than 10% while enhancing container stability Recognized as a key technology enabling automation and unmanned operations not only at ports but also across land and maritime logistics HD Hyundai has delivered the world's first "Lashing-Free" - [Italy and Cyprus chart a shared course for the blue economy: Italy-Cyprus Maritime Business Forum in Limassol on 9 October](https://cyprusshippingnews.com/2026/10/08/italy-and-cyprus-chart-a-shared-course-for-the-blue-economy-italy-cyprus-maritime-business-forum-in-limassol-on-9-october/): Institutions and businesses from both countries will meet at the DP World Terminal for three sessions on sustainable ports, shipping and maritime corridors. On Friday 9 October 2026, the DP World Terminal in Limassol will host the Italy-Cyprus Maritime Business Forum. Promoted by the Embassy of Italy in Nicosia, the Forum will bring together key - [Developing autonomous systems to secure Norwegian ports](https://cyprusshippingnews.com/2026/10/12/developing-autonomous-systems-to-secure-norwegian-ports/): As the Norwegian Police Security Service (PST) urges coastal communities to remain vigilant for suspicious activity and raises concerns about activity around ports, coastal infrastructure and other critical assets, companies in Ocean Autonomy Cluster and NORDSEC – Nordic Defence and Security Cluster are developing autonomous technologies designed to strengthen surveillance and situational awareness in some - [Princess Cruises named #1 Mega Cruise Ship in Condé Nast Traveler 2026 readers' choice awards](https://cyprusshippingnews.com/2026/10/14/princess-cruises-named-1-mega-cruise-ship-in-conde-nast-traveler-2026-readers-choice-awards/): Princess Cruises' has been named the #1 Mega Cruise Ship in the prestigious Condé Nast Traveler 2026 Readers' Choice Awards, earning one of the travel industry's most coveted honors and further establishing Princess' next-generation Sphere Class ships, Sun Princess and Star Princess, among the world's most celebrated for their innovative design, exceptional experiences and distinctly Princess service. - [Holland America Line expands to 12 ships with addition of Arcadia](https://cyprusshippingnews.com/2026/10/14/holland-america-line-expands-to-12-ships-with-addition-of-arcadia/): Holland America Line announced that it will expand its fleet to 12 ships with the addition of the Vista Class vessel Arcadia in 2029. P&O Cruises will transfer the ship to Holland America Line, strengthening the premium cruise line's capacity, supporting continued demand growth and providing another platform for the ongoing Holland America Evolution transformation - [Omnia Marine opens a new chapter for Nomad yachts in Mainland China](https://cyprusshippingnews.com/2026/10/13/omnia-marine-opens-a-new-chapter-for-nomad-yachts-in-mainland-china/): Nomad announced the appointment of Omnia Marine as its exclusive dealer in Mainland China, opening a new chapter for the brand in a market where a growing number of owners are embracing yachting as part of their lifestyle. The partnership will see Omnia Marine represent the Nomad yacht range across Mainland China, drawing on its - [Cunard’s Queen Anne to complete her winter 2029 programme before being reimagined to join P&O Cruises fleet as Arcadia transitions to another brand](https://cyprusshippingnews.com/2026/10/14/cunards-queen-anne-to-complete-her-winter-2029-programme-before-being-reimagined-to-join-po-cruises-fleet-as-arcadia-transitions-to-another-brand/): P&O Cruises announced Cunard’s Queen Anne will join the P&O Cruises fleet in 2029 following the completion of her 2028/29 World Voyage. In a related move, Arcadia will complete a special farewell season with P&O Cruises ending on 21 August 2029 before transferring to Holland America Line. Queen Anne will continue sailing for Cunard through - [Yinson Production signs contract amendment with Eni for major FPSO John Agyekum Kufuor gas capacity upgrade](https://cyprusshippingnews.com/2026/10/12/yinson-production-signs-contract-amendment-with-eni-for-major-fpso-john-agyekum-kufuor-gas-capacity-upgrade/): Yinson Production is pleased to announce that it has signed a contract amendment with client Eni on 2 October 2026 for a major Non-Associated Gas modification project on the FPSO John Agyekum Kufuor , operating offshore Ghana. Under the contract amendment, Yinson Production will undertake the topside modification works to substantially expand the gas handling - [Integr8 Fuels Bunker Quality Trends October 2026](https://cyprusshippingnews.com/2026/10/08/integr8-fuels-bunker-quality-trends-october-2026/): Integr8 Fuels’ latest Bunker Quality Trends Report finds that marine fuel quality remains broadly stable, but increasing variability at port and supply-chain level is changing where buyers face risk. The biannual report, covering fuel quality performance from February to July 2026, finds that global quality averages increasingly mask significant differences between ports, supply chains and - [MSC Cruises reveals spectacular entertainment programme coming to MSC World Asia](https://cyprusshippingnews.com/2026/10/13/msc-cruises-reveals-spectacular-entertainment-programme-coming-to-msc-world-asia/): MSC Cruises unveiled the lineup of spectacular entertainment offerings for its newest World Class ship, MSC World Asia, when she begins sailing the Mediterranean from 4 December 2026. The new flagship will feature six theatrical production shows across the line's signature entertainment venues, including three new shows in the World Theatre and a brand-new live music - [Regent Seven Seas Cruises® unveils new bar and beverage experiences aboard Seven Seas Prestige™](https://cyprusshippingnews.com/2026/10/12/regent-seven-seas-cruises-unveils-new-bar-and-beverage-experiences-aboard-seven-seas-prestige/): All-New Galileo’s Bar, Mediterranean-Inspired Beverages and an Exclusive Seven Seas Prestige Cocktail Bring New Flavors to the Regent Experience Regent Seven Seas Cruises®, the world’s leading ultra-luxury cruise line, has unveiled a collection of new and enhanced bars, lounges and beverage concepts debuting aboard Seven Seas Prestige™ in December 2026. From Italian aperitivo and Mediterranean-inspired - [Viking Line enters into a cooperation agreement with TT-Line to strengthen services between Finland and Estonia](https://cyprusshippingnews.com/2026/10/12/viking-line-enters-into-a-cooperation-agreement-with-tt-line-to-strengthen-services-between-finland-and-estonia/): Viking Line Plc has entered into a Joint Operation Agreement with TT-Line concerning operations on the Vuosaari Muuga route. The arrangement strengthens Viking Line's position in freight transportation between Finland and Estonia. The parties intend to operate the route within the framework of a joint operation without establishing a separate company. As part of the - [DP World reaffirms long term partnership with India as executive chairman H.E. Essa Kazim makes first visit](https://cyprusshippingnews.com/2026/10/12/dp-world-reaffirms-long-term-partnership-with-india-as-executive-chairman-h-e-essa-kazim-makes-first-visit/): Executive Chairman H.E. Essa Kazim, Group CEO Mr. Yuvraj Narayan and members of the board engage with JNPA leadership to explore opportunities for deeper collaboration and future investment. Inauguration of Phase 2 of Nhava Sheva Business Park adds one million square feet of warehousing capacity, backed by an investment of approximately ₹500 crore ($52 million), - [MarinePALS and SEAker to link cadet training records with verified sea service](https://cyprusshippingnews.com/2026/10/12/marinepals-and-seaker-to-link-cadet-training-records-with-verified-sea-service/): MarinePALS and SEAker have signed a Philippine distribution agreement to connect digital cadet training records with verified sea service. The planned integration will bring evidence of practical training and time spent on board into a single seafarer profile. For shipowners and managers employing Filipino seafarers, the aim is to make it easier to follow a - [Equinor updated cost estimate for the Snøhvit Future project](https://cyprusshippingnews.com/2026/10/12/equinor-updated-cost-estimate-for-the-snohvit-future-project/): On behalf of the partnership, Equinor has updated the cost estimate for Snøhvit Future to NOK 26.5 billion in 2026 value. The timetable for the project remains unchanged, with onshore compression planned to start in 2029 and electrification in 2030. The updated figures for Snøhvit Future have been reported to the Ministry of Energy in - [Europe remains top destination for US LNG in September amid winter storage rebuild](https://cyprusshippingnews.com/2026/10/09/europe-remains-top-destination-for-us-lng-in-september-amid-winter-storage-rebuild/): HIGHLIGHTS Europe receives 53% of September cargoes Netherlands, Egypt top September destinations EU storage trails prior years More than half of US LNG cargoes delivered in September landed in Europe, keeping the region the primary destination for American supply as buyers worked to rebuild gas inventories ahead of winter, an analysis of S&P Global Energy - [Sarjak Container Lines opens Ahmedabad Office to strengthen its Western India operations](https://cyprusshippingnews.com/2026/10/12/sarjak-container-lines-opens-ahmedabad-office-to-strengthen-its-western-india-operations-2/): Sarjak Container Lines , part of the Saksham Group of Companies, has expanded its presence in Gujarat with the opening of a new office in Ahmedabad, which will lead SCL’s Western Region covering Gujarat, Rajasthan and Madhya Pradesh. The expansion comes as Gujarat strengthens its position as one of India’s key manufacturing, engineering, automotive, chemicals, - [SFL announces sale of four LR2 and three Suezmax tankers, and termination of charters](https://cyprusshippingnews.com/2026/10/12/sfl-announces-sale-of-four-lr2-and-three-suezmax-tankers-and-termination-of-charters/): SFL Corporation announced that it has agreed to sell four 2014- and 2015-built LR2 product tankers and three 2019-built Suezmax tankers, currently on time charters to Trafigura, a global leader in the commodities industry. The vessels were acquired in 2021 and 2022, and the charter agreements include a profit share mechanism in the event of - [Smart Ship Hub brings sustainability conversation beyond shipping with screening of All the World is Green](https://cyprusshippingnews.com/2026/10/12/smart-ship-hub-brings-sustainability-conversation-beyond-shipping-with-screening-of-all-the-world-is-green/): Smart Ship Hub, the maritime intelligence platform specialising in the collection and analysis of high-frequency maritime data, has hosted the screening of the internationally acclaimed documentary All the World Is Green in collaboration with the Chellaram Foundation Following successful screenings in Singapore and Hong Kong, the invitation-only event marked the documentary's showing in India. Held - [Noatum Logistics launches a New Global Fairs & Events Logistics Business Line](https://cyprusshippingnews.com/2026/10/09/noatum-logistics-launches-a-new-global-fairs-events-logistics-business-line/): International industry expertise and experience brought together to support customers across major global events Noatum Logistics, an AD Ports Group company and global provider of integrated logistics services, has launched Fairs & Events Logistics as a dedicated business, bringing together industry experience and established capabilities to better serve customers across international exhibition markets. The business will - [NORDEN raises full-year guidance](https://cyprusshippingnews.com/2026/10/09/norden-raises-full-year-guidance-3/): On the back of strong operational performance, NORDEN upgrades the 2026 full-year net profit On the back of strong operational performance, NORDEN upgrades the 2026 full-year net profit guidance to USD 180 – 230 million (previously USD 140 – 190 million). For the full-year 2026, expected sales gains from already signed transactions is unchanged at - [Wärtsilä service agreement to support operational reliability of two newbuild TMS Cardiff Gas vessels](https://cyprusshippingnews.com/2026/10/12/wartsila-service-agreement-to-support-operational-reliability-of-two-newbuild-tms-cardiff-gas-vessels/): Technology group Wärtsilä has signed a five-year service agreement with Greece-based operator TMS Cardiff Gas to support the operation of two newbuild liquefied natural gas carrier (LNGC) vessels. The agreement is designed to maximise vessel availability and operational reliability through optimised maintenance planning, expert support and predictive maintenance services. The order was booked by Wärtsilä - [LR strengthens Middle East naval presence with Hossam Edris appointment](https://cyprusshippingnews.com/2026/10/12/lr-strengthens-middle-east-naval-presence-with-hossam-edris-appointment/): Lloyd’s Register has appointed Hossam Edris as Naval Business Director for the Middle East, strengthening its capability to support naval and defence programmes across one of the world’s fastest-growing maritime defence markets. Based in Dubai, Edris will lead LR's naval and defence business development activities across the region, working closely with government and industry stakeholders - [Framo signs landmark service agreement covering Petrobras FPSO fleet](https://cyprusshippingnews.com/2026/10/12/framo-signs-landmark-service-agreement-covering-petrobras-fpso-fleet/): Four-year agreement covering approximately 30 FPSOs is Framo’s largest service contract of its kind to date and comes as the company’s installed base in Brazil heads towards more than 1,500 pumps by 2028. Global marine and industrial pump leader Framo has formally signed a four-year service agreement with Petrobras covering Framo pumping systems across the - [Hong Kong Trade Development Council raises export forecast again as AI boom gathers pace](https://cyprusshippingnews.com/2026/10/12/hktdc-raises-export-forecast-again-as-ai-boom-gathers-pace/): The ongoing AI boom has prompted the Hong Kong Trade Development Council to raise its 2026 export growth forecast again, to 42-47%, as Hong Kong reinforces its position as a high-value trading and logistics hub. Major export markets include the Chinese Mainland, ASEAN and the US, reflecting widespread investment in AI-related products and infrastructure. “Demand - [Modat and NCSC-NL research shows more than 8,500 exposed systems in Europe’s wind and solar parks](https://cyprusshippingnews.com/2026/10/09/modat-and-ncsc-nl-research-shows-more-than-8500-exposed-systems-in-europes-wind-and-solar-parks/): Researchers mapped internet-facing control and management systems and found exposed systems across 35 countries in the EU, EFTA, and EU candidate states. Today, they presented their findings at The ONE Conference in The Hague. THE HAGUE, 6 October 2026. Research by The Hague-based Internet Intelligence company Modat and the Dutch National Cyber Security Centre has - [“K” LINE's LNG carriers Puteri Johor and Puteri Kedah receive MPA Green Ship Award](https://cyprusshippingnews.com/2026/10/12/k-lines-lng-carriers-puteri-johor-and-puteri-kedah-receive-mpa-green-ship-award/): Kawasaki Kisen Kaisha, Group owns, through joint venture companies, and operates the LNG carriers Puteri Johor and Puteri Kedah. The two vessels, together with their registered owner, Bank of Communications Financial Leasing , have received the Green Ship Award under the Green Ship Programme administered by the Maritime and Port Authority of Singapore (MPA). The - [“K” LINE holds opening ceremony for new consolidated office in Singapore](https://cyprusshippingnews.com/2026/10/09/k-line-holds-opening-ceremony-for-new-consolidated-office-in-singapore/): Bringing Together the Knowledge, Human Resources, and Functions of Three Group Companies to Strengthen Its Business Foundation in Southeast Asia On October 6, Kawasaki Kisen Kaisha,held an opening ceremony for its new office in Singapore for three of its Singapore- based companies, “K” LINE , K LINE MARINE & ENERGY , and K MARINE SHIP - [Chevron divest its ownership interests in Hess Midstream and DJ Basin Crude Midstream assets](https://cyprusshippingnews.com/2026/10/09/chevron-divest-its-ownership-interests-in-hess-midstream-and-dj-basin-crude-midstream-assets/): Chevron to divest its ownership interests in Hess Midstream and DJ Basin crude oil midstream assets in exchange for extended and improved Bakken midstream commercial terms Expected to improve Chevron’s Bakken cost structure and increase return on capital employed Supports competitive upstream development activity Chevron Corporation announced that several of its subsidiaries have entered into - [Intermodal Report Week 40 2026](https://cyprusshippingnews.com/2026/10/09/intermodal-report-week-40-2026/): Pls find below the Intermodal Report - Week 40 2026 Intermodal Report Week 40 2026 - [Allied Weekly Market Review Week 40](https://cyprusshippingnews.com/2026/10/09/allied-weekly-market-review-week-40-4/): Pls find below the Allied - Weekly Market Review - Week 40 ALLIED - Weekly Market Report- Week 40 - [FIS-RDC, EnPower, Trafigura and Gridworks join forces to deliver landmark power interconnector to supply the DRC's Copperbelt](https://cyprusshippingnews.com/2026/10/09/fis-rdc-enpower-trafigura-and-gridworks-join-forces-to-deliver-landmark-power-interconnector-to-supply-the-drcs-copperbelt/): A 700MW cross-border transmission line will bring affordable power to the DRC's Copperbelt, unlock new mining and industrial capacity, open export routes for licensed Zambian power producers, and enable new generatio The Strategic Investment Fund of the Democratic Republic of the Congo, Enterprise Power DRC SARL ( Trafigura and Gridworks Development Partners have signed a - [Ocean Network Express expands partnership with Project Maji to Nigeria](https://cyprusshippingnews.com/2026/10/09/ocean-network-express-expands-partnership-with-project-maji-to-nigeria/): Ocean Network Express announced the expansion of its partnership with Project Maji, a pan-African safe water social enterprise, in Nigeria. Following joint projects in Ghana and Kenya, ONE is now funding Project Maji’s first project in Nigeria, bringing a sustainable water solution to the underserved Pegi community. Recognising the pressing need for safe and reliable - [TechnipFMC awarded Flexibles Contract by Petrobras](https://cyprusshippingnews.com/2026/10/09/technipfmc-awarded-flexibles-contract-by-petrobras/): TechnipFMC has been awarded a significant(1) subsea contract by Petrobras, following a competitive bidding process, to supply flexible pipe systems supporting developments offshore Brazil. TechnipFMC will design, engineer, and manufacture flexible flowlines for use across multiple pre-salt fields. The project will draw on local engineering, manufacturing, and supply chain capabilities, further strengthening Brazil's offshore energy - [Marlink and TXOne Networks enter Global Strategic Partnership to strengthen Cyber Resilience across Maritime and Industrial Operations](https://cyprusshippingnews.com/2026/10/12/marlink-and-txone-networks-enter-global-strategic-partnership-to-strengthen-cyber-resilience-across-maritime-and-industrial-operations/): Helping organisations safeguard mission-critical operations, reduce cyber risk, and navigate increasingly complex regulatory obligations. Marlink, a global leader in managed services for business-critical digital solutions, has entered into a strategic partnership with TXOne Networks, a global leader in cyber-physical systems and operational technology security, to strengthen cyber resilience across maritime and industrial operations. The partnership - [ONE DAY LEFT until the CSN London Maritime Forum "Shipping: Predicting an Unpredictable Future" - REGISTER NOW](https://cyprusshippingnews.com/2026/10/12/one-day-left-until-the-csn-london-maritime-forum-shipping-predicting-an-unpredictable-future-register-now/): “Shipping: Predicting an Unpredictable Future” REGISTER HERE Date: 13 October 2026 Time: 09:00-15:00 Venue: Marriott Hotel Regent's Park Following the success of our events across Europe and Asia, Cyprus Shipping News is proud to present the inaugural CSN London Maritime Forum. In an era defined by profound geopolitical instability, shifting regulatory frameworks, and volatile capital - [Voyager awarded $22.4M DoW contract for Next-Gen Satellite Deployment Systems](https://cyprusshippingnews.com/2026/10/09/voyager-awarded-22-4m-dow-contract-for-next-gen-satellite-deployment-systems/): Commercial technology unlocks new mission capacity for national security launches Voyager Technologies announced the award of a $22.4 million Other Transaction Agreement (OTA) with the Strategic Capabilities Office (SCO) from the Department of War (DoW) for a Research and Development (R&D) effort to prototype next-generation satellite deployment systems. The effort’s ultimate objective is to transition - [Condé Nast Traveler Readers name Viking #1 for Rivers and #1 for Oceans for sixth consecutive year](https://cyprusshippingnews.com/2026/10/12/conde-nast-traveler-readers-name-viking-1-for-rivers-and-1-for-oceans-for-sixth-consecutive-year/): Viking Celebrates Six Years at the Top of the Readers’ Choice Awards Viking® has once again been voted #1 for Rivers and #1 for Oceans by Condé Nast Traveler in the publication’s 2026 Readers’ Choice Awards. This marks the sixth consecutive year Viking has been rated at the top of both the river and ocean - [Blaze Energy advances an ‘Any Engine, Any Fuel’ Maritime Future](https://cyprusshippingnews.com/2026/10/09/blaze-energy-advances-an-any-engine-any-fuel-maritime-future/): Recently announced $6.5M Seed round will accelerate deployment of Blaze Energy’s Flex-Fuel Reformer System with leading maritime industry partners. Blaze Energy, an energy technology company enabling fuel-flexible engines, announced the closing of a $6.5 million seed financing round led by Propeller Ventures and Catalyzer Ventures. Safar Partners, SOSV, Desai Ventures, and Cartography Capital also participated. - [Clean Harbors completes acquisitions of EnviroServe and ES&H](https://cyprusshippingnews.com/2026/10/12/clean-harbors-completes-acquisitions-of-enviroserve-and-esh/): Transactions Expand Clean Harbors’ Technical Services and Field Services Businesses EnviroServe’s Network of Waste Handling Locations Boosts Company’s Collection Capabilities ES&H Adds Established Emergency Response Leader in the U.S. Gulf Region Total Spend of $775 Million with a Combined Post-Synergy Deal Multiple of 8.9X Adjusted EBITDA Clean Harbors, Inc., a leading provider of environmental and - [MacGregor to equip four additional Skywalker-class CSOVs with motion-compensated cranes and gangways](https://cyprusshippingnews.com/2026/10/12/macgregor-to-equip-four-additional-skywalker-class-csovs-with-motion-compensated-cranes-and-gangways/): The order builds on the proven performance, reliability and safety of MacGregor's motion-compensated cranes and gangways. MacGregor has won an order from Nantong Rainbow Offshore & Engineering Equipment Co., Ltd to equip four Commissioning Service Operation Vessels (CSOVs) with three-dimensional motion-compensated cranes and Horizon gangway systems. The order is booked into MacGregor's fourth-quarter 2026 order - [Meet the Sponsors of the CSN London Maritime Forum - ISX Financial](https://cyprusshippingnews.com/2026/10/08/meet-the-sponsors-of-the-csn-london-maritime-forum-isx-financial/): Cyprus Shipping News is pleased to welcome ISX Financial as the Platinum Sponsor of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here ISX Financial EU Plc ISX Financial EU Plc serves a dual role of both, an EEA authorised & - [Meet our Communication Partner of the CSN London Maritime Forum - MASO Public Affairs](https://cyprusshippingnews.com/2026/10/08/meet-the-sponsors-of-the-csn-london-maritime-forum-maso/): Cyprus Shipping News is pleased to welcome MASO Public Affairs as the Communication Partner of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here MASO Public Affairs is a strategic advisory firm specialising in Public & Government Affairs, Strategic Communications, Corporate Positioning and Business - [Meet the Sponsors of the CSN London Maritime Forum - Pioneer Marine](https://cyprusshippingnews.com/2026/10/08/meet-the-sponsors-of-the-csn-london-maritime-forum-pioneer-marine/): Cyprus Shipping News is pleased to welcome Pioneer Marine as the Lunch Sponsor of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Pioneer Marine is a global shipping company specializing in the transportation of drybulk commodities. This is achieved through the - [DP World GRANTED EXTENSION FOR Angola’s Luanda Terminal Concession to 2051 and Announces US$90 Million Expansion](https://cyprusshippingnews.com/2026/10/09/dp-world-granted-extension-for-angolas-luanda-terminal-concession-to-2051-and-announces-us90-million-expansion/): Expansion will increase concession area to 37 hectares, extend berth to 830 metres and raise capacity to 1.2 million TEUs Expansion expected to reduce vessel turnaround times by up to 50% and enable simultaneous handling of two Post-Panamax vessels DP World has been granted a 10-year extension to its concession to operate the multipurpose - [Meet the Sponsors of the CSN London Maritime Forum - WEST](https://cyprusshippingnews.com/2026/10/08/meet-the-sponsors-of-the-csn-london-maritime-forum-west/): Cyprus Shipping News is pleased to welcome WEST as the Silver Sponsor of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Originally formed by the Holman shipowning family in the port of Topsham in the south west of England, the - [Meet the Sponsors of the CSN London Maritime Forum - Preston Turnbull](https://cyprusshippingnews.com/2026/10/08/meet-the-sponsors-of-the-csn-london-maritime-forum-preston-turnbull/): Cyprus Shipping News is pleased to welcome Preston Turnbull as the Silver Sponsor of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here At Preston Turnbull we are dedicated to delivering efficient, high-quality legal services in the areas of Shipping, International - [Veson Nautical expands the Veson Platform, bringing Q88, vesselsValue, and Shipfix into integrated AI-powered workspace](https://cyprusshippingnews.com/2026/10/09/veson-nautical-expands-the-veson-platform-bringing-q88-vesselsvalue-and-shipfix-into-integrated-ai-powered-workspace/): Veson Nautical announced the next stage of growth for the Veson Platform, adding Q88, Q88 Dry, VesselsValue, Shipfix Chartering & Trading, and Milbros to the integrated foundation. These globally trusted products join IMOS in a unified experience that features CoCaptain AI. CoCaptain, which launched earlier in 2026, is the contextual AI layer that combines maritime - [Doosan enerbility ships gas turbine to spaceXAI](https://cyprusshippingnews.com/2026/10/08/doosan-enerbility-ships-gas-turbine-to-spacexai/): Doosan Enerbility held a shipment ceremony at its headquarters in Changwon, South Gyeongsang Province, on Oct. 6 for a 380MW-class gas turbine to be supplied to U.S. artificial intelligence company SpaceXAI. Around 70 Doosan Enerbility executives and employees, including Son Seung-woo, Head of Power Services BG, and key officials from the client SpaceXAI, attended the - [RINA and PTT sign strategic agreements to advance innovation and decarbonization across the energy and maritime sectors](https://cyprusshippingnews.com/2026/10/08/rina-and-ptt-sign-strategic-agreements-to-advance-innovation-and-decarbonization-across-the-energy-and-maritime-sectors/): RINA, the inspection, certification and engineering consulting multinational, announces the signing of two Memoranda of Understanding with PTT Public Company Limited , Thailand’s national energy company, through the PTT Innovation Institute. The MoUs establish a framework for research and knowledge collaboration, focusing on areas of mutual interest and the exchange of expertise and experience to - [South Korea, China clash over LNG carrier market](https://cyprusshippingnews.com/2026/10/09/south-korea-china-clash-over-lng-carrier-market/): Fierce competition is unfolding between South Korea and China in the market for large liquefied natural gas )carriers, which represent high value-added vessels. As China initiates a pursuit by putting forward a volume offensive through shipyard expansion and the ultra-upsizing of vessels, the South Korean shipbuilding industry is stepping up to maintain a super gap - [York Space Systems expands into GEO to support Space Domain Awareness Missions](https://cyprusshippingnews.com/2026/10/09/york-space-systems-expands-into-geo-to-support-space-domain-awareness-missions/): Tetra 3 and 4 missions clear Delta CDR; on track for Q4 spacecraft delivery York Space Systems, a leading, US-based national defense and commercial prime providing a comprehensive suite of mission-enabling solutions, is expanding its prime integration portfolio into Geosynchronous Earth Orbit (GEO) with the U.S. Space Force’s Tetra 3 and 4 missions (referred to - [IMEC and The Hood launch Sisterhood Box to support the next generation of female seafarers](https://cyprusshippingnews.com/2026/10/08/imec-and-the-hood-launch-sisterhood-box-to-support-the-next-generation-of-female-seafarers/): The International Maritime Employers’ Council and The Hood Platform have joined forces to launch the Sisterhood Box, a new initiative providing female cadets with practical support as they take their first steps into life at sea. The first 47 Sisterhood Boxes were presented to female cadets at the Maritime Academy of Asia and the Pacific - [Clean tanker markets size up impact of potential US diesel export curbs](https://cyprusshippingnews.com/2026/10/08/clean-tanker-markets-size-up-impact-of-potential-us-diesel-export-curbs/): HIGHLIGHTS Trump floats diesel export ban amid soaring prices MR tanker demand could fall by 1.35 million b/d Russian diesel exports fall 79% year over year US restrictions on diesel exports would upend Atlantic Basin clean tanker demand at a moment when the global middle-distillate market is reeling from simultaneous supply shocks in Russia and - [CMA CGM selects Wärtsilä 34DF engines to support efficient, lower-emission operations for 12 new container vessels](https://cyprusshippingnews.com/2026/10/09/cma-cgm-selects-wartsila-34df-engines-to-support-efficient-lower-emission-operations-for-12-new-container-vessels/): Technology group Wärtsilä will supply a total of 36 Wärtsilä 34DF dual fuel engines for 12 new 18,000 TEU container vessels being built for French operator CMA CGM at the Jiangnan Shipyard in China. The vessels will run on LNG, supporting CMA CGM’s ambition to operate lower‑emission deep‑sea container ships. The engines will be delivered - [Marine battery maker AYK Energy lands Kongsberg Maritime electric tug deal](https://cyprusshippingnews.com/2026/10/09/marine-battery-maker-ayk-energy-lands-kongsberg-maritime-electric-tug-deal/): Rapidly expanding battery manufacturer AYK Energy has announced further growth in the workboat industry after striking its latest deal with Kongsberg Maritime to supply batteries for four new fully electric Svitzer TRAnsverse tugs. The deal builds on five previous Svitzer hybrid electric tug projects AYK has worked on. The vessels are being built at the - [NYK President addresses employees on the 141st anniversary of the company’s founding](https://cyprusshippingnews.com/2026/10/07/nyk-president-addresses-employees-on-the-141st-anniversary-of-the-companys-founding/): On October 2, NYK President Takaya Soga addressed the company’s employees in celebration of the 141st anniversary of NYK’s founding. His remarks are excerpted below. Today, I am very pleased to celebrate the 141st anniversary of NYK’s founding together with all of you. I would like to express my sincere appreciation for the dedication and - [Sarjak Container Lines opens Ahmedabad Office to strengthen its Western India operations](https://cyprusshippingnews.com/2026/10/07/sarjak-container-lines-opens-ahmedabad-office-to-strengthen-its-western-india-operations/): Sarjak Container Lines, part of the Saksham Group of Companies, has expanded its presence in Gujarat with the opening of a new office in Ahmedabad, which will lead SCL’s Western Region covering Gujarat, Rajasthan and Madhya Pradesh. The expansion comes as Gujarat strengthens its position as one of India’s key manufacturing, engineering, automotive, chemicals, energy - [T/S Zénobe Gramme: Building a sail training and research platform for Cyprus](https://cyprusshippingnews.com/2026/10/07/t-s-zenobe-gramme-begins-a-new-chapter-for-the-cyprus-maritime-sail-training-foundation/): Historic Belgian Navy sail training and research vessel returns to sea as Cyprus prepares for the next chapter of her remarkable maritime life For an island nation with one of Europe's most important shipping sectors, Cyprus has a strong maritime tradition, excellent universities, maritime academies and a large professional shipping community. What Cyprus does not - [Rhine water levels fall to new record low, stalling fuel logistics](https://cyprusshippingnews.com/2026/10/07/rhine-water-levels-fall-to-new-record-low-stalling-fuel-logistics/): Water levels on the Rhine river slumped to fresh record lows for the second time in a week, Oct. 1, the German water authority reported, preventing fuel tanker deliveries from making their way inland and dashing hopes for a rapid rebound in traffic ahead of peak winter demand levels. After a summer of record temperatures - [Shipbuilding Labor talks hit fresh snags after tentative deal rejected](https://cyprusshippingnews.com/2026/10/08/shipbuilding-labor-talks-hit-fresh-snags-after-tentative-deal-rejected/): This year’s wage and collective bargaining negotiations in the shipbuilding industry are drifting back into uncertainty just as they appeared to be nearing a conclusion. Following the rejection of a tentative agreement between HD Hyundai Heavy Industries and its union in a membership vote, a court ruling recognizing Hanwha Ocean’s obligation to negotiate with a - [MacGregor equip four additional Skywalker-class CSOVs with motion-compensated cranes and gangways](https://cyprusshippingnews.com/2026/10/09/macgregor-equip-four-additional-skywalker-class-csovs-with-motion-compensated-cranes-and-gangways/): The order builds on the proven performance, reliability and safety of MacGregor’s motion-compensated cranes and gangways. MacGregor has won an order from Nantong Rainbow Offshore & Engineering Equipment to equip four Commissioning Service Operation Vessels with three-dimensional motion-compensated cranes and Horizon gangway systems. The order is booked into MacGregor's fourth-quarter 2026 order intake. The CSOVs - [Nord Gas Solutions cargo handling and fuel gas supply system again selected for very large Ethane gas carriers, being built at Samsung Heavy Industries](https://cyprusshippingnews.com/2026/10/08/nord-gas-solutions-cargo-handling-and-fuel-gas-supply-system-again-selected-for-very-large-ethane-gas-carriers-being-built-at-samsung-heavy-industries/): Nord Gas Solutions has once again been selected by Samsung Heavy Industries to supply the cargo handling and fuel gas supply system for two additional Very Large Ethane Gas Carriers being built at the SHI yard in South Korea. The vessels are being built for an established joint venture based in Asia. This latest order - [LR awards approval in principle to GasEntec for one of the industry's highest-capacity FSRU concepts](https://cyprusshippingnews.com/2026/10/08/lr-awards-approval-in-principle-to-gasentec-for-one-of-the-industrys-highest-capacity-fsru-concepts/): The design combines high send-out capacity with multi-mode regasification technology, placing the concept among the highest-capacity FSRU designs currently under development. Lloyd’s Register has awarded Approval in Principle to GasEntec for a liquefied natural gas floating storage and regasification unit capable of delivering up to one billion cubic feet of gas per day. The approval - [Holland America Line gets ready to celebrate 80 years in Alaska following successful 2026 Cruise Season](https://cyprusshippingnews.com/2026/10/09/holland-america-line-gets-ready-to-celebrate-80-years-in-alaska-following-successful-2026-cruise-season/): The cruise line unveils more ways to experience the Great Land in 2027 and reflects on the community support in 2026 ahead of milestone anniversary Key Highlights Eight decades of Alaska expertise set the stage for an exciting 2027 season, with Holland America introducing new cruises, new Denali accommodations and immersive ways to explore the - [xclusiv S&P Report 05th October 2026](https://cyprusshippingnews.com/2026/10/08/xclusiv-sp-report-05th-october-2026/): Pls find below the [xclusiv] S&P Report 05th October 2026 [xclusiv] 2026_10_05 - [ONE WEEK TO GO until the CSN London Maritime Forum "Shipping: Predicting an Unpredictable Future" - REGISTER NOW](https://cyprusshippingnews.com/2026/10/06/register-now-for-the-csn-london-maritime-forum-shipping-predicting-an-unpredictable-future-13-october-one-week-left/): “Shipping: Predicting an Unpredictable Future” REGISTER HERE Date: 13 October 2026 Time: 09:00-15:00 Venue: Marriott Hotel Regent's Park Following the success of our events across Europe and Asia, Cyprus Shipping News is proud to present the inaugural CSN London Maritime Forum. In an era defined by profound geopolitical instability, shifting regulatory frameworks, and volatile capital - [Satellite monitoring reveals recurring vessel activity across three of Cyprus’s marine protected areas](https://cyprusshippingnews.com/2026/10/08/satellite-monitoring-reveals-recurring-vessel-activity-across-three-of-cypruss-marine-protected-areas/): More than two thousand detections at Lady’s Mile, Latsi-Akamas and Cavo Greco within the months of June-August highlight distinct activity patterns and the value of stronger observation in sensitive coastal waters. Satellite observations recorded 2,060 vessel detections across Lady’s Mile, Latsi-Akamas and Cavo Greco during selected summer periods in 2024 and 2025, providing a new - [Perini Management Services awarded $315 Million Maritime Infrastructure Project to construct Fuel Pier to Support Major Cutter Operations at U.S. Coast Guard Base Kodiak](https://cyprusshippingnews.com/2026/10/08/perini-management-services-awarded-315-million-maritime-infrastructure-project-to-construct-fuel-pier-to-support-major-cutter-operations-at-u-s-coast-guard-base-kodiak/): Tutor Perini Corporation, a leading civil, building and specialty construction company, announced today that its subsidiary, Perini Management Services, Inc. (“PMSI”), has been awarded a contract valued at approximately $315 million by the U.S. Coast Guard (“USCG”) using the accelerated design-build to budget project delivery method for the construction of a new fuel pier to - [Chevron announces senior leadership changes](https://cyprusshippingnews.com/2026/10/08/chevron-announces-senior-leadership-changes-5/): Chevron Corporation (NYSE: CVX) today announced the following senior leadership changes, effective January 1, 2027: Mark Nelson, currently vice chairman and executive vice president of Oil, Products & Gas, will remain vice chairman with responsibility for Strategy and Business Development. In addition to his corporate duties, Nelson will be responsible for identifying and advancing opportunities - [ONE and ClassNK launch research to quantify roll damping tank effectiveness on large container ships](https://cyprusshippingnews.com/2026/10/08/one-and-classnk-launch-research-to-quantify-roll-damping-tank-effectiveness-on-large-container-ships/): Ocean Network Express and Nippon Kaiji Kyokai have launched a joint research project to evaluate the effectiveness of roll damping tanks on large container ships. ONE will provide onboard measurement data from its vessels, which ClassNK will analyze alongside numerical simulations to assess roll reduction performance under actual operating conditions. Through the analysis of onboard - [Brittany Ferries move Barfleur to Rosslare-Cherbourg route](https://cyprusshippingnews.com/2026/10/09/brittany-ferries-move-barfleur-to-rosslare-cherbourg-route/): Brittany Ferries will discontinue its direct Poole-Cherbourg service three weeks earlier than planned. Ro-pax vessel Barfleur, which has served the route since 1992, is to be moved to cover Rosslare/Cherbourg sailings from 12 October. The operational change is needed for two reasons. The company has already announced its intention to sell Cotentin which currently serves - [The Port Authority and Valencia City Council launch the countdown to the River Mouth Park](https://cyprusshippingnews.com/2026/10/08/the-port-authority-and-valencia-city-council-launch-the-countdown-to-the-river-mouth-park/): The Port Authority of Valencia (APV) and Valencia City Council have reached an agreement on the River Mouth Park setting out the commitments of both parties regarding the project. The agreement marks the start of the countdown to a new park for the city of Valencia The Board of Directors has approved an addendum to - [Newbuild order for two very large ammonia acriers in combination with long term time charters](https://cyprusshippingnews.com/2026/10/08/newbuild-order-for-two-very-large-ammonia-acriers-in-combination-with-long-term-time-charters/): SFL Corporation announced that it has agreed to build two 93,000 cbm Very Large Ammonia Carriers. The vessels will be able to carry a wide range of petrochemical gases, and will have dual-fuel propulsion and the latest technology for fuel efficiency and cargo intake optimization. Delivery is scheduled from the second quarter of 2028 and - [Volare Shipping completes listing on Euronext Growth Oslo](https://cyprusshippingnews.com/2026/10/08/volare-shipping-completes-listing-on-euronext-growth-oslo/): Volare Shipping, the Trafigura Group company established to own, operate and scale a modern fleet of oil tankers, commenced trading on Euronext Growth Oslo under the ticker "VLCC". The listing follows a successful private placement in which Volare Shipping raised gross proceeds of approximately USD 500 million, through the issuance of 30.7 million new shares - [Wärtsilä to supply 282 MW onsite power solution for a US data center as AI growth intensifies demand for reliable power](https://cyprusshippingnews.com/2026/10/08/wartsila-to-supply-282-mw-onsite-power-solution-for-a-us-data-center-as-ai-growth-intensifies-demand-for-reliable-power/): Technology group Wärtsilä has secured an order to supply a 282 MW onsite power solution for a data center project being developed by a major US independent power producer in the United States. The power plant will operate with 15 Wärtsilä 50SG engines. The order demonstrates the growing need for fast-deployable onsite power solutions as - [Maritime must move beyond wellbeing awareness to change crew behaviour, says WellAtSea](https://cyprusshippingnews.com/2026/10/08/maritime-must-move-beyond-wellbeing-awareness-to-change-crew-behaviour-says-wellatsea/): The maritime industry risks mistaking wellbeing activity for wellbeing progress unless it places greater emphasis on whether programmes are changing seafarer behaviour, according to health and wellness platform WellAtSea, part of OneCare Group. Despite growing investment in crew health and wellbeing, awareness alone does not necessarily translate into healthier choices, says WellAtSea Managing Director Gisa - [Singapore’s VLSFO and HSFO prices rise over the weekend. B30-VLSFO and LSMGO dip - ENGINE](https://cyprusshippingnews.com/2026/10/07/singapores-vlsfo-and-hsfo-prices-rise-over-the-weekend-b30-vlsfo-and-lsmgo-dip-engine/): Singapore price changes on the day to 12.00 SGT (04.00 GMT) today from Friday: VLSFO price up $17/mt to $886/mt B30-VLSFO price down $6/mt to $1,035/mt LSMGO price down $1/mt to $1,311/mt HSFO price up $28/mt to $764/mt Recent trends: VLSFO rises some over the weekend B30-VLSFO dips over the weekend LSMGO edges down over - [From cost to choice supply chain chiefs redesign networks to navigate uncertainty](https://cyprusshippingnews.com/2026/10/07/from-cost-to-choice-supply-chain-chiefs-redesign-networks-to-navigate-uncertainty/): According to the latest DP World Global Trade Observatory survey of Chief Supply Chain Officers: 84% say resilience and optionality have overtaken cost reduction as primary drivers of supply-chain strategy 71% plan to diversify their supplier base over the next 12 months 86% say access to alternative and multimodal trade routes is becoming a competitive - [AD Ports Group successfully completes acquisition of Brazil’s CLI upon receiving full regulatory approvals](https://cyprusshippingnews.com/2026/10/08/ad-ports-group-successfully-completes-acquisition-of-brazils-cli-upon-receiving-full-regulatory-approvals/): Acquisition expands AD Ports Group’s geographic footprint into South America and strengthens its agrifoods business vertical · AD Ports Group, through its international ports operating arm Noatum Ports, assumes operational control of CLI following completion of financial closing and regulatory and antitrust approvals · CLI operates two of Brazil’s strategically important sugar and grain - [Seafarer welfare policies must work beyond paper, OneCare Group webinar warns](https://cyprusshippingnews.com/2026/10/07/seafarer-welfare-policies-must-work-beyond-paper-onecare-group-webinar-warns/): Maritime companies must close the gap between seafarer welfare policies written ashore and the reality experienced by crews at sea if the industry is to turn policy into meaningful change, experts warned during a World Maritime Day webinar hosted by OneCare Group . Held to mark World Maritime Day and its theme, “From Policy to Practice - [646 tonnes ‘Batavia’ orig. 1628 successfully moved ashore at Lelystad, NL, on a 56-axle line spmt](https://cyprusshippingnews.com/2026/10/08/646-tonnes-batavia-orig-1628-successfully-moved-ashore-at-lelystad-nl-on-a-56-axle-line-spmt/): 250-metre transport across a sea dike concludes 10 months of engineering; pontoon transport, spmt operation and jacking onto final foundation all successfully concluded Wooden sailing vessel Batavia was successfully transported to and installed at its final resting place in Lelystad on Oct 2nd. The 1995-delivered, full-scale reconstruction of the 1628 Dutch East India Company ship - [Iraq seeks to buy crude oil tankers to handle shipments beyond Strait of Hormuz: INA](https://cyprusshippingnews.com/2026/10/07/iraq-seeks-to-buy-crude-oil-tankers-to-handle-shipments-beyond-strait-of-hormuz-ina/): Iraq ships first VLCC cargo past Hormuz State tanker firm eyes fleet expansion plan SOMO gains pricing flexibility with new route Iraqi Oil Tankers Co. aims to purchase and own crude oil tankers, allowing it to ship crude beyond the Strait of Hormuz rather than offloading it to buyers at Basrah port, the state-run Iraqi - [DORIC WEEKLY INSIGHT 02 OCTOBER 2026](https://cyprusshippingnews.com/2026/10/06/doric-weekly-insight-02-october-2026/): Pls find below the DORIC WEEKLY INSIGHT 02 OCTOBER 2026 Weekly_Report_02.10.2026 - [Saudi Red Sea Authority presents Red Sea Global with operating licenses for AMAALA Marina and Shura Marina](https://cyprusshippingnews.com/2026/10/07/saudi-red-sea-authority-presents-red-sea-global-with-operating-licenses-for-amaala-marina-and-shura-marina/): The Saudi Red Sea Authority presented Red Sea Global with two operating licenses for AMAALA Marina and Shura Marina. The move strengthens the marinas’ readiness to welcome yachts and supports the integration of marine services across RSG’s destinations along Saudi Arabia’s Red Sea coast. Eng. Mohammed Bukhari, Vice President of Coastal Tourism Operations at SRSA, - [IMO Secretary-General mourns seafarers killed during rescue of hijacked ship](https://cyprusshippingnews.com/2026/10/06/imo-secretary-general-mourns-seafarers-killed-during-rescue-of-hijacked-ship/): While three hijacked vessels have been freed after months in captivity, five seafarers have reportedly died in the crossfire of rescue operations. IMO Secretary-General Arsenio Dominguez has expressed his condolences and reiterated his tireless call on the international community to do more to protect seafarers, following reports of the deaths of five crew members during - [Port of Piraeus “Kunpeng Scholarship” program returns for a second year with Broader Income Eligibility Criteria Supporting young generation and promoting excellence](https://cyprusshippingnews.com/2026/10/07/port-of-piraeus-kunpeng-scholarship-program-returns-for-a-second-year-with-broader-income-eligibility-criteria-supporting-young-generation-and-promoting-excellence/): Following the successful first year of its “Kunpeng Scholarship” Program, Piraeus Port Authority S.A. is continuing the initiative for the 2026–2027 academic year, with broader income eligibility criteria. This change will allow more young people to apply for a scholarship as they begin their university studies, reflecting the Company’s ongoing commitment to supporting the younger - [BSM appoints Andreas Solomonides to lead BSM Cyprus and BSM Hellas](https://cyprusshippingnews.com/2026/10/06/bsm-appoints-andreas-solomonides-to-lead-bsm-cyprus-and-bsm-hellas/): Bernhard Schulte Shipmanagement has appointed Andreas Solomonides, currently Managing Director of BSM Cyprus, to lead the integrated Ship Management Centre BSM Cyprus and BSM Hellas. The change will take effect on 1 January 2027. Bringing BSM Cyprus and BSM Hellas together under one leadership will strengthen collaboration across both locations and make better use of - [How Kpler's global data predicted refinery earnings — weeks before companies reported them](https://cyprusshippingnews.com/2026/10/07/how-kplers-global-data-predicted-refinery-earnings-weeks-before-companies-reported-them/): Before the bell Kpler is actively developing an earnings metrics prediction model powered by its proprietary global data. The results below are predictions that were made on July 8, 2026 and sent to some interested early adopters weeks ahead of the earnings season. They represent initial output from this model across Q2 2026 earnings season. - [EU methane regulation risks worsening the energy crisis](https://cyprusshippingnews.com/2026/10/07/eu-methane-regulation-risks-worsening-the-energy-crisis/): It’s not the first time Europe’s good intentions on tackling climate change have rubbed up against reality. In this case, the introduction of Article 28 of the EU’s Methane Emissions Regulation (EU MER), scheduled from 1 January, threatens to cut oil and gas imports into Europe when supplies are already constrained by the wars in - [Poseidon Principles expands associate membership to marine insurance sector](https://cyprusshippingnews.com/2026/10/07/poseidon-principles-expands-associate-membership-to-marine-insurance-sector/): The Poseidon Principles, an initiative whose signatories represent nearly three-quarters of global shipping finance, recently expanded its associate membership to include marine insurers. The decision to include insurers and related organisations—including P&I clubs, brokers, reinsurers and insurance institutions—as associate members brings the financial services sector together under a single, unified platform to strengthen shipping's decarbonisation - [Kemppi enters laser welding with the new FastBeam 3, reaching more than 10 times TIG welding speed, opening new productivity potential for industrial fabrication](https://cyprusshippingnews.com/2026/10/08/kemppi-enters-laser-welding-with-the-new-fastbeam-3-reaching-more-than-10-times-tig-welding-speed-opening-new-productivity-potential-for-industrial-fabrication/): Kemppi has launched FastBeam 3, a new 3 kW handheld laser welding system designed to bring the productivity of laser welding to industrial fabrication with a strong focus on usability, process control and safety. The launch marks Kemppi's entry into handheld industrial laser welding, extending the company's welding expertise into a technology designed to help - [OBT expands into Mauritania as demand for shipping and project logistics continues to grow](https://cyprusshippingnews.com/2026/10/07/obt-expands-into-mauritania-as-demand-for-shipping-and-project-logistics-continues-to-grow/): Growing activity across Mauritania’s mining, energy, offshore, infrastructure, oil and gas, renewable energy and development sectors has prompted African shipping and logistics specialist OBT to establish a local presence in the country. The new operation will be connected to OBT’s wider African network. Youssef Bouricha, OBT’s Mauritania Country Manager, said: “Mauritania is a natural next - [12th ShipIT Conference: Shipping moves from Digital Transformation into the AI Era](https://cyprusshippingnews.com/2026/10/05/12th-shipit-conference-shipping-moves-from-digital-transformation-into-the-ai-era/): Cybersecurity, Artificial Intelligence, data, energy efficiency and the new AMMITEC AI Working Group at the centre of this year’s conference The 12th ShipIT Conference was successfully held on Tuesday, 29 September 2026, at the Eugenides Foundation, jointly organised by AMMITEC and BOUSSIAS Events. Bringing together senior maritime executives, institutional representatives, CIOs, CTOs, academics - [SFL Missions confirms successful deployment of two GHGSat Greenhouse Gas Monitoring Microsatellites](https://cyprusshippingnews.com/2026/10/09/sfl-missions-confirms-successful-deployment-of-two-ghgsat-greenhouse-gas-monitoring-microsatellites/): SFL Missions Inc. confirms the successful launch and deployment of the GHGSat-C18 (Eleanor) and GHGSat-C19 (Aidan) commercial greenhouse gas monitoring microsatellites. The October 1 launch brings the number of spacecraft developed for GHGSat to 13. SFL Missions developed the GHGSat-C18 and -C19 satellites on the same low-cost, high-performance 15-kg NEMO platform used to build 11 - [Spire Global launches first three satellites built at U.S. Manufacturing Facility](https://cyprusshippingnews.com/2026/10/09/spire-global-launches-first-three-satellites-built-at-u-s-manufacturing-facility/): Satellites launched aboard SpaceX’s Transporter-18 rideshare mission validate domestic manufacturing Spire’s U.S. facility delivers end-to-end onshore satellite production for national security and defense customer Spire Global, Inc., a leading global provider of satellite data, analytics and intelligence, today announced the successful launch of the first three satellites built at its manufacturing facility in Boulder, Colorado. - [Eutelsat’s OneWeb Renewal moves toward launch as first new Satellites ship](https://cyprusshippingnews.com/2026/10/08/eutelsats-oneweb-renewal-moves-toward-launch-as-first-new-satellites-ship/): First 32 new OneWeb LEO satellites completed and shipping for launch preparations Major milestone in Eutelsat’s programme to renew and enhance OneWeb Manufactured by Airbus Defence and Space in Toulouse, demonstrating Europe’s LEO industrial capability Eutelsat announced that Airbus Defence and Space has completed the first 32 new OneWeb Low Earth Orbit (LEO) satellites for Eutelsat - [Meet the Speakers of the CSN London Maritime Forum - Andrew Moulton – JWC](https://cyprusshippingnews.com/2026/10/07/meet-the-speakers-of-the-csn-london-maritime-forum-andrew-moulton-jwc/): Cyprus Shipping News announces that Andrew Moulton – JWC joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Andrew Moulton, Chairman - Joint War Committee Andrew Moulton started his career at Jardine Insurance Brokers in March 1993 and - [Meet the Speakers of the CSN London Maritime Forum - Suzanne Byrne – WEST P&I](https://cyprusshippingnews.com/2026/10/07/meet-the-speakers-of-the-csn-london-maritime-forum-suzanne-byrne-west-pi/): Cyprus Shipping News announces that Suzanne Byrne – WEST P&I joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here David Mckie, Partner - Preston Turnbull Suzanne Byrne is the Group Head of Claims at West of England Insurance - [Meet the Speakers of the CSN London Maritime Forum - David Mckie - Preston Turnbull](https://cyprusshippingnews.com/2026/10/07/meet-the-speakers-of-the-csn-london-maritime-forum-david-mckie-preston-turnbull/): Cyprus Shipping News announces that David Mckie - Preston Turnbull joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here David Mckie, Partner - Preston Turnbull David has 30 years’ experience in UK and international insurance and reinsurance disputes, - [Meet the Speakers of the CSN London Maritime Forum - Anna Vourgos - Aphentrica Marine Insurance Brokers](https://cyprusshippingnews.com/2026/10/07/meet-the-speakers-of-the-csn-london-maritime-forum-anna-vourgos-aphentrica-marine-insurance-brokers/): Cyprus Shipping News announces that Anna Vourgos - Aphentrica Marine Insurance Brokers joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Anna Vourgos, Co-Managing Director - Aphentrica Marine Insurance Brokers Board Member Cyprus Shipping Chamber Board Member Cyprus - [Meet the Speakers of the CSN London Maritime Forum - Dr. Nikos Nomikos - Bayes Business School](https://cyprusshippingnews.com/2026/10/06/meet-the-speakers-of-the-csn-london-maritime-forum-dr-nikos-nomikos-bayes-business-school/): Cyprus Shipping News announces that Dr. Nikos Nomikos, Professor of Shipping Finance and Risk Management Director, Modular Executive MBA - Bayes Business School joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Dr. Nikos Nomikos, Professor of - [Meet the Speakers of the CSN London Maritime Forum - Andrew Karantzis - ISX Financial](https://cyprusshippingnews.com/2026/10/06/meet-the-speakers-of-the-csn-london-maritime-forum-andrew-karantzis-isx-financial/): Cyprus Shipping News announces that Andrew Karantzis - ISX Financial joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Andrew Karantzis, Chief Sales Officer - ISX Financial Andrew Karantzis is Chief Sales Officer at ISX Financial, a regulated - [Meet the Speakers of the CSN London Maritime Forum - Zack Carl - E.A. Gibson Capital](https://cyprusshippingnews.com/2026/10/06/meet-the-speakers-of-the-csn-london-maritime-forum-zack-carl-e-a-gibson-capital/): Cyprus Shipping News announces that Zack Carl - E.A. Gibson Capital joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Zack Carl, Senior Manager - E.A. Gibson Capital Zackery Carl is a Senior Manager in Gibson Capital - [Meet the Speakers of the CSN London Maritime Forum - Isavella Frangou - ISX Financial](https://cyprusshippingnews.com/2026/10/06/meet-the-speakers-of-the-csn-london-maritime-forum-isavella-frangou-isx-financial/): Cyprus Shipping News announces that Isavella Frangou - ISX Financial joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Isavella Frangou, SVP, Sales and Relationship Management - ISX Financial Isavella Frangou is Senior Vice President of Sales - [Meet the Speakers of the CSN London Maritime Forum - Tim Power - Drewry](https://cyprusshippingnews.com/2026/10/06/meet-the-speakers-of-the-csn-london-maritime-forum-tim-power-drewry/): Cyprus Shipping News announces that Tim Power - Drewry joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Tim Power, Managing Director - Drewry Tim Power, Managing Director at Drewry, has over 30 years in the maritime sector. - [Meet the Speakers of the CSN London Maritime Forum - John Pittalis – Jomaro Group](https://cyprusshippingnews.com/2026/10/06/meet-the-speakers-of-the-csn-london-maritime-forum-john-pittalis-jomaro-group/): Cyprus Shipping News announces that John Pittalis – Jomaro Group joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here John Pittalis, Chief Executive - Jomaro Group John holds a B.Sc. (Econ) in Accounting & Finance from the - [Meet the Speakers of the CSN London Maritime Forum - Dorota Lost‑Sieminska – International Maritime Organization](https://cyprusshippingnews.com/2026/10/05/meet-the-speakers-of-the-csn-london-maritime-forum-dorota-lost-sieminska-international-maritime-organization/): Cyprus Shipping News announces that Dorota Lost‑Sieminska – International Maritime Organization joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Dorota Lost‑Sieminska, Director, Legal Affairs and External Relations Division - International Maritime Organization Dr Dorota Lost-Sieminska serves - [Meet the Speakers of the CSN London Maritime Forum - Thomas Kazakos – International Chamber of Shipping](https://cyprusshippingnews.com/2026/10/05/meet-the-speakers-of-the-csn-london-maritime-forum-thomas-kazakos-international-chamber-of-shipping/): Cyprus Shipping News announces that Thomas Kazakos – International Chamber of Shipping joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Thomas A. Kazakos, Secretary General - International Chamber of Shipping Thomas A. Kazakos is the Secretary General - [Meet the Speakers of the CSN London Maritime Forum - Neville Smith – Mariner Communications](https://cyprusshippingnews.com/2026/10/05/meet-the-speakers-of-the-csn-london-maritime-forum-neville-smith-mariner-communications/): Cyprus Shipping News announces that Neville Smith – Mariner Communications joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Neville Smith, Managing Director - Mariner Communications Neville Smith founded Mariner Communications in 2010 to provide PR, media consultancy - [Meet the Speakers of the CSN London Maritime Forum - Dr Kyriacos Kouros - Republic of Cyprus to the United Kingdom](https://cyprusshippingnews.com/2026/10/05/meet-the-speakers-of-the-csn-london-maritime-forum-dr-kyriacos-kouros-republic-of-cyprus-to-the-united-kingdom/): Cyprus Shipping News announces that Dr Kyriacos Kouros - Republic of Cyprus to the United Kingdom joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Dr Kyriacos Kouros, High Commissioner of the Republic of Cyprus to the United - [Meet the Speakers of the CSN London Maritime Forum - Karrie Trauth – UK Chamber of Shipping](https://cyprusshippingnews.com/2026/10/05/meet-the-speakers-of-the-2ncsn-london-maritime-forum-karrie-trauth-uk-chamber-of-shipping/): Cyprus Shipping News announces that Karrie Trauth – UK Chamber of Shipping joins as speaker of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Karrie Trauth, President - UK Chamber of Shipping Karrie has a diverse career of over 30 years - [Meet the Sponsors of the CSN London Maritime Forum - Aphentrica Marine Insurance Brokers](https://cyprusshippingnews.com/2026/10/08/meet-the-sponsors-of-the-csn-london-maritime-forum-aphentrica-marine-insurance-brokers/): Cyprus Shipping News is pleased to welcome Aphentrica Marine Insurance Brokers as the Event Sponsor of the CSN London Maritime Forum. The event will take place on 13 October 2026 at the Marriott Hotel Regent’s Park, London. Register here Aphentrica Marine Insurance Brokers Ltd was established in Cyprus in 1994 as specialist marine brokers and have since - [Cowboy Space launches Reason-1 to demonstrate First Laser Power Beaming from Orbit to Earth](https://cyprusshippingnews.com/2026/10/08/cowboy-space-launches-reason-1-to-demonstrate-first-laser-power-beaming-from-orbit-to-earth/): The company’s first satellite will test delivering solar energy from space to the ground with a kilowatt-class laser, a foundational step toward Cowboy's orbital data centers Cowboy Space Corporation, the orbital infrastructure company founded by Robinhood co-founder Baiju Bhatt, today launched Reason-1, its first satellite, on a mission to demonstrate the first laser power beaming - [Planet launches Suncatcher, Tanager-2, and 18 SuperDove Satellites](https://cyprusshippingnews.com/2026/10/08/planet-launches-suncatcher-tanager-2-and-18-superdove-satellites/): SAN FRANCISCO--(BUSINESS WIRE)--Planet Labs PBC (NYSE: PL), a leading provider of daily data and insights about change on Earth, today announced the successful launch of 20 satellites: the first demo mission for Google's Project Suncatcher; Tanager-2, its latest hyperspectral satellite; and 18 SuperDoves. The spacecraft were launched to orbit aboard the Transporter-18 rideshare mission with - [Skanska to replace U.S. Coast Guard Homeport Pier in Rhode Island, USA, for USD 271M, about SEK 2.5 billion](https://cyprusshippingnews.com/2026/10/07/skanska-to-replace-u-s-coast-guard-homeport-pier-in-rhode-island-usa-for-usd-271m-about-sek-2-5-billion/): Skanska has signed a contract with NAVFAC Mid-Atlantic to construct a new homeport pier at Naval Station Newport in Newport, Rhode Island, USA. The contract is worth USD 271M, about SEK 2.5 billion, which will be included in the US order bookings for the third quarter of 2026. The project will replace the existing Pier - [Roboat enters a new phase Joshua Jordan succeeds Ynse Deinema as CEO, company sets course for scale-up](https://cyprusshippingnews.com/2026/10/07/roboat-enters-a-new-phase-joshua-jordan-succeeds-ynse-deinema-as-ceo-company-sets-course-for-scale-up/): Roboat, the Amsterdam-based startup developing autonomy systems for transport over water announces a step towards scaling up operations. Ynse Deinema, CEO and co-founder, is handing over the reins to Joshua Jordan. Roboat was founded in 2023, and since then the company’s growth has been led with full dedication by Ynse. Ynse: "I'm proud of the - [Åsa Bergman resigns as President and CEO of Sweco AB](https://cyprusshippingnews.com/2026/10/07/asa-bergman-resigns-as-president-and-ceo-of-sweco-ab/): After 35 years in the company and close to nine years as its President and CEO, Åsa Bergman has announced her resignation and that she will be leaving Sweco. The Sweco Board of Directors are now initiating the recruitment of a new CEO for Europe’s largest and most profitable architect and technology consulting company. As - [Hapag-Lloyd builds momentum in Africa with expansion in Namibia, Rwanda and Burundi](https://cyprusshippingnews.com/2026/10/07/hapag-lloyd-builds-momentum-in-africa-with-expansion-in-namibia-rwanda-and-burundi/): New offices will strengthen Hapag-Lloyd’s local presence in Namibia, Rwanda and Burundi Stronger local setup brings Hapag-Lloyd closer to customers in Southern and East Africa New offices underline Hapag-Lloyd’s long-term commitment to growth in Africa Hapag-Lloyd is further strengthening its presence in Africa with new offices supporting customers in Namibia, Rwanda and Burundi, marking the - [American Ranger Christened on the Hudson River American Cruise Lines celebrates 3rd new ship launched this year](https://cyprusshippingnews.com/2026/10/06/american-ranger-christened-on-the-hudson-river-american-cruise-lines-celebrates-3rd-new-ship-launched-this-year/): American Cruise Lines christened brand new American Ranger on the Hudson River last week. American Ranger is the 3rd new ship the company has launched this year and the 4th new Patriot Class ship. The christening celebration took place on September 24th when the ship was docked at Historic Catskill Point, Catskill, New York. Inaugural - [ECONSHIP 2026 Chios at the centre of international maritime research](https://cyprusshippingnews.com/2026/10/06/econship-2026-chios-at-the-centre-of-international-maritime-research/): More than 200 researchers from 90 universities and organisations in 25 countries, 126 research papers, and a substantive dialogue between academia and the shipping industry The 3rd European Conference on Shipping, Intermodalism & Ports (ECONSHIP 2026) has concluded in Chios after three days of proceedings, from 23 to 25 September 2026. The Conference was organised - [Meet the panellists of the CSN London Maritime Forum - Panel Discussion - “Ship Finance: Navigating Capital, Risk and Opportunity”](https://cyprusshippingnews.com/2026/10/05/meet-the-panellists-of-the-csn-london-maritime-forum-panel-discussion-ship-finance-navigating-capital-risk-and-opportunity/): Meet the Panellists of the CSN London Maritime Forum "Shipping: Predicting an Unpredictable Future" - Panel Discussion - “Ship Finance: Navigating Capital, Risk and Opportunity” The Forum will take place on 13 October 2026 at the Marriott Hotel Regent’s Park Under the theme “Shipping: Predicting an Unpredictable Future”. The CSN London Maritime Forum is exclusively - [Meet the panellists of the CSN London Maritime Forum - Panel Discussion - “The reality of keeping up with geopolitical volatility and its impact on the industry”](https://cyprusshippingnews.com/2026/10/05/meet-the-panellists-of-the-csn-london-maritime-forum-panel-discussion-the-reality-of-keeping-up-with-geopolitical-volatility-and-its-impact-on-the-industry/): Meet the Panellists of the CSN London Maritime Forum "Shipping: Predicting an Unpredictable Future" - Panel Discussion - “The reality of keeping up with geopolitical volatility and its impact on the industry” The Forum will take place on 13 October 2026 at the Marriott Hotel Regent’s Park Under the theme “Shipping: Predicting an Unpredictable Future”. - [Spain’s first pre-commercial offshore solar demonstrator completes installation at the Port of València and enters its testing phase](https://cyprusshippingnews.com/2026/10/06/spains-first-pre-commercial-offshore-solar-demonstrator-completes-installation-at-the-port-of-valencia-and-enters-its-testing-phase/): With the support of Naturgy, BlueNewables has completed the deployment of the two 500-kW platforms that make up the 1-MW demonstration project The “Paiporta” and “Catarroja” platforms were visited as part of the program for the 16th ENERMAR Technical Conference, held in València The Port of València now hosts both 500 kW PV-bos platforms that - [S-100 and the Connected Bridge: In Conversation with Stephan Dimke of Teledyne Raymarine Commercial](https://cyprusshippingnews.com/2026/10/05/s-100-and-the-connected-bridge-in-conversation-with-stephan-dimke-of-teledyne-raymarine-commercial/): Following the strategic unification of ChartWorld and Raymarine Commercial earlier this year, the maritime industry has gained a powerful new entity in digital bridge solutions: Teledyne Raymarine Commercial. This merger seamlessly blends software-driven digital solutions with robust marine hardware, offering shipowners a single, cohesive partner for their bridge requirements. To dive deeper into what this - [Iran-US deal logic is building, but the political math doesn’t work yet](https://cyprusshippingnews.com/2026/10/05/iran-us-deal-logic-is-building-but-the-political-math-doesnt-work-yet/): Diplomacy and desperation are both accelerating at once. The question for markets is whether either side's decision-makers have enough reason to sign one before the other side's leverage erodes further. Market & trading calls Fade the deal-headline spikes. We'd treat every "productive talks" headline as tradeable fades rather than the start of a sustained de-escalation - [Port of Riga welcomes record-breaking number of cruise passengers](https://cyprusshippingnews.com/2026/10/09/port-of-riga-welcomes-record-breaking-number-of-cruise-passengers/): The Port of Riga has officially shattered its single-season record for cruise passenger traffic following the weekend arrivals of three major vessels: the Hamburg, MSC Magnifica, and AIDAmar. According to data from the Freeport of Riga Authority, more than 150,000 cruise tourists have visited the city since May. With the 2026 season scheduled to run - [METRANS expands terminal in Poznań and significantly increases handling capacity](https://cyprusshippingnews.com/2026/10/06/metrans-expands-terminal-in-poznan-and-significantly-increases-handling-capacity/): HHLA’s subsidiary METRANS has completed the extensive expansion of its terminal in Poznań/Gadki, Poland. Two new remote-controlled railway gantry cranes, extended and additional tracks, as well as expanded storage and service areas, have boosted the site’s capacity. Maximum storage capacity has risen from 8,850 TEU to 11,800 TEU, while the annual handling capacity has increased - [Bunge and ABP Reach One Million Metric Tonnes Milestone at Immingham](https://cyprusshippingnews.com/2026/10/06/bunge-and-abp-reach-one-million-metric-tonnes-milestone-at-immingham/): Bunge and Associated British Ports announced that they have handled more than one million metric tonnes of grains and oilseeds through their agribulk storage and handling operations at the Port of Immingham since their partnership began in 2022. Through the combination of ABP’s port infrastructure and Bunge’s global sourcing, processing, merchandising and logistics network, the - [Oceania Cruises® showcases 2027 and 2028 European Voyages](https://cyprusshippingnews.com/2026/10/08/oceania-cruises-showcases-2027-and-2028-european-voyages/): Destination-Rich Voyages Span Northern Europe, the Mediterranean, Adriatic and Aegean, Including the First-Ever Full Winter Season in the Mediterranean aboard Oceania Allura Oceania Cruises®, the world's leading destination- and culinary-focused luxury cruise line, has unveiled an expansive collection of 2027 and 2028 European voyages, offering guests more opportunities to explore Europe through thoughtfully crafted itineraries, - [Ferretti Group at the Genoa International Boat Show with two new models and an exceptional fleet](https://cyprusshippingnews.com/2026/10/08/ferretti-group-at-the-genoa-international-boat-show-with-two-new-models-and-an-exceptional-fleet/): The two premieres – Riva 56’ Rivale Super and Ferretti Yachts 720 – lead a fleet of eight yachts, reflecting the extraordinary breadth and variety of the Group’s offering. Ferretti Group opens the Genoa International Boat Show with two magnificent premieres and a fleet that showcases the strengths of its design philosophy: constant innovation, cutting-edge - [Autumn cruises attract half-term holidaymakers with top artists, influencers and the phenomenally popular KUUMAA on Viking Line](https://cyprusshippingnews.com/2026/10/08/autumn-cruises-attract-half-term-holidaymakers-with-top-artists-influencers-and-the-phenomenally-popular-kuumaa-on-viking-line/): A cruise is a popular and easy way for families to enjoy the autumn half-term break. During the holiday weeks, the entertainment programme on Viking Line ships has been tailored to delight cruise passengers of all ages. Guests can look forward to performances by leading artists and the Starstruck influencer show featuring social media stars. - [Fred Olsen Cruise Lines unveils new 2028 sailings with launch of Canada voyage](https://cyprusshippingnews.com/2026/10/07/fred-olsen-cruise-lines-unveils-new-2028-sailings-with-launch-of-canada-voyage/): Fred. Olsen Cruise Lines has unveiled its new 2028 cruise programme, featuring 39 sailings designed to showcase more of each destination through scenic cruising, wildlife encounters and immersive cultural experiences, aboard its fleet of smaller ships. Highlights include Fred. Olsen’s return to Canada on a 19-night scenic voyage, a Caribbean island-hopping adventure taking in Bermuda, - [Carnival Cruise Line opens 2028/29 West Coast Sailings featuring Alaska, Hawaii and Mexico Cruises](https://cyprusshippingnews.com/2026/10/07/carnival-cruise-line-opens-2028-29-west-coast-sailings-featuring-alaska-hawaii-and-mexico-cruises/): Carnival Adventure, Carnival Legend and Carnival Spirit Offer Diverse Itineraries and New Carnival Journeys Sailings from Seattle, San Francisco and Long Beach Carnival Cruise Line opened sailings for its 2028/29 West Coast deployment, featuring cruises to Alaska, Hawaii and Mexico aboard Carnival Adventure, Carnival Legend and Carnival Spirit. The newly released itineraries include Alaska cruises - [Holland America offers most Montreal Cruises as 2028 Season Emerges](https://cyprusshippingnews.com/2026/10/07/holland-america-offers-most-montreal-cruises-as-2028-season-emerges/): Canada & New England season offers UNESCO sites, national parks and the regional debut of the reimagined Zuiderdam Holland America Line opened bookings for its 2028 Canada & New England season. Featuring more calls to Montréal than any other cruise line, the season gives guests the opportunity to explore the region's coastal communities, natural wonders - [The minds behind the expedition meet the experts leading Seabourn's 2026-2027 Antarctica Season](https://cyprusshippingnews.com/2026/10/06/the-minds-behind-the-expedition-meet-the-experts-leading-seabourns-2026-2027-antarctica-season/): Scientists, researchers, historians and seasoned experts bring decades of expedition expertise to Seabourn Venture and Seabourn Pursuit KEY TAKEAWAYS: Seabourn's 2026-2027 Antarctica season will feature expert-led expeditions aboard Seabourn Venture and Seabourn Pursuit. Each voyage is supported by a dedicated 21-member Expedition Team specializing in polar science, wildlife, conservation, geology, and history. Guests will learn - [Carnival Corporation Team Members around the world unite to celebrate International Coastal Cleanup Day](https://cyprusshippingnews.com/2026/10/06/carnival-corporation-team-members-around-the-world-unite-to-celebrate-international-coastal-cleanup-day/): Team members from world's largest cruise company, its world-class cruise lines, exclusive destinations and Center for Simulation and Maritime Training (CSMART) conduct beach and coastal cleanup events around the world In celebration of the 41st International Coastal Cleanup Day, team members from Carnival Corporation , the world's largest cruise company, reaffirmed their commitment to marine stewardship and - [MOL President & CEO Tamura addresses company's entrance ceremony](https://cyprusshippingnews.com/2026/10/06/mol-president-ceo-tamura-addresses-companys-entrance-ceremony/): 'Building the Future Together with MOL CHARTS in Our Hearts Mitsui O.S.K. Lines, announced that on October 1, it welcomed 28 new employees. President & CEO Tamura delivered the following message at the entrance ceremony. "Congratulations on joining the MOL Group. I warmly welcome all of you as our newest colleagues. Mitsui O.S.K. Lines is - [MOL Ocean Bulk joins world's 1st Tri-Fuel Ore Carrier Project](https://cyprusshippingnews.com/2026/10/07/mol-ocean-bulk-joins-worlds-1st-tri-fuel-ore-carrier-project/): 25-Year Iron Ore Transport Contract Signed with Vale Mitsui O.S.K. Lines, announced that MOL Ocean Bulk, which operates the MOL Group's overseas Capesize bulker business, has signed a 25-year contract with Vale International to transport iron ore using two vessels. As part of Vale's Shipping decarbonization strategy, the project will employ the world's first 210,000-metric-ton - [Reinforcement of the Afsluitdijk completed Coastal protection](https://cyprusshippingnews.com/2026/10/06/reinforcement-of-the-afsluitdijk-completed-coastal-protection/): Dutch Minister of Infrastructure and Water Management, Vincent Karremans, officially commissioned the new pumping station and new discharge sluices at Den Oever, marking the completion of the large-scale reinforcement and modernisation of the Afsluitdijk. The upgrades strengthen the Netherlands' protection against high water from the sea and increase the capacity to discharge water from Lake - [Trafigura secures USD4.4 billion syndicated revolving credit facility and term loan facilities](https://cyprusshippingnews.com/2026/10/06/trafigura-secures-usd4-4-billion-syndicated-revolving-credit-facility-and-term-loan-facilities/): Trafigura Group , a market leader in the global commodities industry, announced the closing of its new syndicated Revolving Credit Facility and Term Loan Facilities at approximately USD4.4 billion. The Facilities were substantially oversubscribed and upsized from their initial launch amount of USD3.5 billion-equivalent, with 40 financial institutions participating in the transaction. The new Facilities - [Brazil power reforms to accelerate shift to renewables, says GlobalData](https://cyprusshippingnews.com/2026/10/06/brazil-power-reforms-to-accelerate-shift-to-renewables-says-globaldata/): Brazil is entering a new phase of power sector development as reforms to the electricity market, offshore wind regulation, and low-carbon hydrogen policy support investment in a more diversified renewable energy system. Solar PV growth, rising demand for grid flexibility, and a substantial offshore wind development pipeline are extending the country’s power sector beyond its - [From repainting to repair rethinking the lifetime of a marine coating](https://cyprusshippingnews.com/2026/10/07/from-repainting-to-repair-rethinking-the-lifetime-of-a-marine-coating/): For decades, repainting has been accepted as a normal part of ship maintenance. A coating is applied, it performs for a number of years and, once it has deteriorated sufficiently, large areas are prepared and coated again. But does a marine coating necessarily have to be treated as a consumable? Not if the right coating - [Siemens Energy selects EST-Floattech to supply Octopus High Energy battery system for Marco Polo Marine's CSOV Plus](https://cyprusshippingnews.com/2026/10/07/siemens-energy-selects-est-floattech-to-supply-octopus-high-energy-battery-system-for-marco-polo-marines-csov-plus/): First CSOV designed for both offshore wind and oil & gas work; EST-Floattech's first project in Singapore and Taiwan Siemens Energy has contracted EST-Floattech to supply the battery system for a ‘CSOV Plus’, a new Commissioning Service Operation Vessel for Marco Polo Marine that it is building at its own shipyard in Batam, Indonesia. Siemens - [SEA.AI brings Machine Vision to multiple USV platforms at NATO's REPMUS 2026](https://cyprusshippingnews.com/2026/10/08/sea-ai-brings-machine-vision-to-multiple-usv-platforms-at-natos-repmus-2026/): Maritime AI specialist demonstrated a shared perception layer across crewed and uncrewed vessels during the Portuguese Navy-led exercise, held in its 16th edition. SEA.AI integrated and field-tested its machine-vision technology across several crewed and uncrewed vessel platforms at REPMUS 2026, the Portuguese Navy's 16th annual exercise for maritime uncrewed systems, held from 31 August to 25 - [AVS Global Ship Supply launches Home at Sea campaign to support better life onboard](https://cyprusshippingnews.com/2026/10/06/avs-global-ship-supply-launches-home-at-sea-campaign-to-support-better-life-onboard/): New initiative brings together catering, provisioning, crew wellbeing and digital services to improve the everyday experience of seafarers AVS Global Ship Supply has launched Home at Sea, a new campaign designed to improve everyday life onboard by bringing greater focus to the role that food, familiar routines, reliable provisioning and crew wellbeing play in the seafarer - [HGK sets the course for growth and resilience](https://cyprusshippingnews.com/2026/10/06/hgk-sets-the-course-for-growth-and-resilience/): Alexander Garbar starts work as the COO of Infra- and Suprastructure, Günter-Friedrich Maas as the COO of Contract Logistics The new management structure strengthens the integration of logistics and future-oriented infrastructure along the river Rhine corridor The HGK Group is reorganising its management structure on 1 October 2026. It will strengthen the integrated management of - [16/2026 Statutory Alert new channel requirements for VHF GMDSS radiocommunications equipment](https://cyprusshippingnews.com/2026/10/06/16-2026-statutory-alert-new-channel-requirements-for-vhf-gmdss-radiocommunications-equipment/): MSC.1/Circ.1460/Rev.5 retains the requirement for VHF radiocommunication equipment to comply with the new channelling requirements by the first radio survey after 1 January 2028, but acknowledges that modifications may be needed earlier where applicable. The latest revision of the circular has been amended to recognise that some VHF coastal stations may already have implemented the - [Boskalis awarded contract for inter-array cable installation at Zeevonk Offshore Wind Farm Phase 1](https://cyprusshippingnews.com/2026/10/06/boskalis-awarded-contract-for-inter-array-cable-installation-at-zeevonk-offshore-wind-farm-phase-1/): Boskalis has been awarded a contract by Zeevonk, the joint venture between Vattenfall and Copenhagen Infrastructure Partners, for the transport and offshore installation of the inter-array cable system for phase 1 of the Zeevonk Offshore Wind Farm in the Dutch North Sea. The contract represents a value that is considered to be sizable. The contract - [ICEYE and Nokia partner to launch secure and sovereign satellite communications for governments and defense customers](https://cyprusshippingnews.com/2026/10/08/iceye-and-nokia-partner-to-launch-secure-and-sovereign-satellite-communications-for-governments-and-defense-customers/): ICEYE, the European leader in sovereign intelligence from space, and Nokia, a global leader in connectivity infrastructure, nnounced a partnership to develop secure, sovereign and high-performance broadband low Earth orbit satellite communications systems for governments, supporting missions from defense and border security to emergency services and disaster response. Built on trusted European technology, the jointly - [China’s resales of Australian LNG strengthens case for prioritising domestic users](https://cyprusshippingnews.com/2026/10/06/chinas-resales-of-australian-lng-strengthens-case-for-prioritising-domestic-users/): Yesterday, the Queensland government expressed concerns about its federal counterpart’s proposed domestic gas reservation policy, which would redirect some gas production from liquefied natural gas (LNG) exports to the domestic market in eastern Australia. It “warned against the focus on reallocating existing gas rather than encouraging new investment and supply.” IEEFA analysis has previously found - [Borr Drilling announce new commitments for three of its premium jack-up rigs](https://cyprusshippingnews.com/2026/10/06/borr-drilling-limited-contracting-updates/): In West Africa, the Norve has received a binding letter of award from an undisclosed operator. The commitment is expected to commence in mid-December 2026 and includes a firm scope of three wells with an estimated duration of 245 days, keeping the rig committed into August 2027. The commitment also includes priced options with an - [Oceaneering announces U.S. Navy Dry Deck Shelter Award](https://cyprusshippingnews.com/2026/10/06/oceaneering-announces-u-s-navy-dry-deck-shelter-award/): Oceaneering International, Inc. announced that its Aerospace and Defense Technologies (“ADTech”) segment has been awarded a follow-on U.S. Navy contract to provide Dry Deck Shelter maintenance, overhaul, engineering, and field change services. This five-year contract, consisting of one base year and four option years, has a potential value of $154 million and supports the safe - [Wärtsilä closes the transaction of the joint venture for its global Energy Storage business with RCT Solutions](https://cyprusshippingnews.com/2026/10/07/wartsila-closes-the-transaction-of-the-joint-venture-for-its-global-energy-storage-business-with-rct-solutions/): Technology group Wärtsilä has closed the transaction of the joint venture for its Energy Storage business, following the agreement with German engineering company RCT Solutions GmbH announced on 15 June 2026. Under the arrangement, Wärtsilä and RCT Solutions each hold a 50% ownership stake in the joint venture, called Valo. The joint venture combines Wärtsilä's - [Wärtsilä, Schneider Electric and Stanley Consultants launch coordinated approach for faster US data center power delivery](https://cyprusshippingnews.com/2026/10/06/wartsila-schneider-electric-and-stanley-consultants-launch-coordinated-approach-for-faster-us-data-center-power-delivery/): Coordinated “Generator-to-Chip” approach integrates onsite generation, electrical infrastructure and engineering to help data center customers streamline development and save time compared to traditional delivery models. Technology group Wärtsilä, Schneider Electric and Stanley Consultants have developed an innovative “Generator-to-Chip” approach to help U.S. data center developers and operators bring scalable power capacity online faster. Designed around - [Meet the panellists of the CSN London Maritime Forum - Panel Discussion - “International Rule of Law; Is it a thing of the past?”](https://cyprusshippingnews.com/2026/10/02/meet-the-panellists-of-the-csn-london-maritime-forum-shipping-predicting-an-unpredictable-future/): Meet the Panellists of the CSN London Maritime Forum "Shipping: Predicting an Unpredictable Future" - Panel Discussion - “International Rule of Law; Is it a thing of the past?” The Forum will take place on 13 October 2026 at the Marriott Hotel Regent’s Park Under the theme “Shipping: Predicting an Unpredictable Future”. The CSN London - [VDURA Data Platform V12 now generally available, the Hyperscaler Storage Playbook to AI Factories and Neoclouds on Supermicro](https://cyprusshippingnews.com/2026/10/07/vdura-data-platform-v12-now-generally-available-the-hyperscaler-storage-playbook-to-ai-factories-and-neoclouds-on-supermicro/): V12 delivers multi-tenancy, API-first automation, Context-Aware Tiering™ and 2x+ performance per watt, now qualified on Supermicro building blocks. VDURA and Hafþór "Thor" Björnsson will host live demonstrations at Ai Everything Abu Dhabi, Booth H3-D45 VDURA, provider of high-performance data storage infrastructure for AI factories and neoclouds, today announced the general availability of the VDURA® Data - [BlackSky named first Satellite Imagery Provider for SkyFi ‘Satellite Intelligence’ on Robinhood Agent Apps](https://cyprusshippingnews.com/2026/10/07/blacksky-named-first-satellite-imagery-provider-for-skyfi-satellite-intelligence-on-robinhood-agent-apps/): BlackSky’s real-time intelligence to power automated facility monitoring insights for retail investors through AI agents BlackSky Technology Inc. is the first satellite imagery provider for SkyFi’s “Satellite Intelligence”, a Robinhood Agent App available in the coming weeks. The application integrates SkyFi’s AI analytics and Earth observation data sets built from BlackSky’s rapid-revisit, very high-resolution imagery - [Levelpath launches Ranger, the first AI Platform built for Autonomous Procurement](https://cyprusshippingnews.com/2026/10/07/levelpath-launches-ranger-the-first-ai-platform-built-for-autonomous-procurement/): Ranger runs entire processes end-to-end; lets procurement teams scale faster, increase spend under management, and drive value from strategic suppliers Levelpath, the leader in autonomous procurement, has announced the launch of Ranger, the first AI platform that can run entire procurement processes autonomously, from a natural language or voice prompt. Ranger represents a new category - [Ant International’s Antom supports Google Gemini in expanding access to AI Service in Asia](https://cyprusshippingnews.com/2026/10/07/ant-internationals-antom-supports-google-gemini-in-expanding-access-to-ai-service-in-asia/): The partnership was first launched in Indonesia, reaching about 10 million users, with plans to expand to more markets. Antom consolidates billing, tax, risk management, marketing and account services, covering the subscription lifecycle for AI companies. Google Gemini and Antom, a leading merchant payment and digitisation services provider under Ant International, today announced a strategic - [Cav expands U.S. Coast Guard Deployment Fleetwide as Federal Agencies prioritise continuous Cyber Assurance](https://cyprusshippingnews.com/2026/10/06/cav-expands-u-s-coast-guard-deployment-fleetwide-as-federal-agencies-prioritise-continuous-cyber-assurance/): Agentic AI platform cut the Coast Guard's authorization timeline by 90% aboard USCGC Storis; Expanded contract reflects continued momentum for Cav growth as company debuts on the Inc. 5000, and projects cash-flow and EBITDA positive results for FY27 Cav, the continuous cyber assurance company trusted by leading government agencies and Fortune 500 enterprises, today announced - [Microlearning drives crew appetite for self-directed training at Eastern Pacific Shipping](https://cyprusshippingnews.com/2026/10/06/microlearning-drives-crew-appetite-for-self-directed-training-at-eastern-pacific-shipping/): Eastern Pacific Shipping , one of the world’s largest privately owned ship management companies, has recorded strong demand for self-directed learning after MarinePALS, a maritime e-learning provider, rolled out its microlearning platform across all 161 vessels within 30 days. In the first 45 days, 485 active users watched 26,722 videos and completed a combined 2,181 hours - [Momentus demonstrates AI-Enabled LiDAR and Imaging Suite during successful On-Orbit RPO Mission with NASA Satellite](https://cyprusshippingnews.com/2026/10/06/momentus-demonstrates-ai-enabled-lidar-and-imaging-suite-during-successful-on-orbit-rpo-mission-with-nasa-satellite/): Successfully validates cost-efficient AI-enabled sensing and communications technologies to enable future advanced space missions Momentus Inc., a U.S. commercial space company specializing in satellite technology, space transportation, and in-orbit services, today announced the successful completion of a Rendezvous and Proximity Operations (RPO) demonstration by its Vigoride-7 Orbital Service Vehicle (OSV) utilizing low-cost commercial components for - [SES and Sky sign Multi-Year Satellite capacity agreement](https://cyprusshippingnews.com/2026/10/06/ses-and-sky-sign-multi-year-satellite-capacity-agreement/): The renewal extends the companies' partnership into next decade, supporting premium television services across the UK and Ireland SES and Sky have extended their long-standing partnership in a new multi-year agreement for direct-to-home (DTH) satellite services across the United Kingdom and Republic of Ireland, running into the next decade. Under the agreement, Sky will continue - [MSC Cruises marks float out of the Cruisline's next U.S Flagship, MSC World Atlantic](https://cyprusshippingnews.com/2026/10/05/msc-cruises-marks-float-out-of-the-cruislines-next-u-s-flagship-msc-world-atlantic/): MSC Cruises has celebrated a major milestone in the construction of its next flagship, MSC World Atlantic, as the ship touched water for the first time at Chantiers de l'Atlantique shipyard in Saint-Nazaire, France this past week. The float out marks an important stage in the ship's journey towards joining the MSC Cruises fleet, where - [Holland America to host first professional Pickleball Association Invitational Held on a Private Island](https://cyprusshippingnews.com/2026/10/05/holland-america-to-host-first-professional-pickleball-association-invitational-held-on-a-private-island/): Four Countdown Cruises build excitement with pickleball pros, exclusive onboard programming and play opportunities leading to the March 2027 invitational Key Highlights: Holland America Line debuts the Private Island Invitational, an exclusive professional pickleball competition at RelaxAway, Half Moon Cay™, during a special March 2027 Caribbean cruise. Four Countdown Cruises build excitement with PPA player - [Vår Energi ASA completes acquisition of Pandion Energy AS’ portfolio](https://cyprusshippingnews.com/2026/10/05/var-energi-asa-completes-acquisition-of-pandion-energy-as-portfolio/): Vår Energi ASA has completed the acquisition of selected assets and licences from Pandion Energy AS, as announced on 18 June 2026. Through the acquisition, Vår Energi strengthens its position in the Gjøa and Åsgard areas through a 10% interest in the producing Nova field (PL418), a 20% interest in the Ofelia development (PL929), a - [Maersk completes first U.S. ethanol bunkering of a deep-sea container vessel](https://cyprusshippingnews.com/2026/10/05/maersk-completes-first-u-s-ethanol-bunkering-of-a-deep-sea-container-vessel/): Maersk has completed the first ship-to-ship commercial ethanol bunkering of a deep-sea container vessel in the United States, marking another step in the company's exploration of future fuel pathways for shipping. A.P. Moller - Maersk (Maersk) announced the successful bunkering of Tangier Maersk, a dual-fuel alcohol-enabled container vessel, using U.S.-produced corn ethanol. The operation marked - [CCUS continues to attract bulk of investments from energy sector, reveals GlobalData](https://cyprusshippingnews.com/2026/10/05/213210/): Carbon capture, utilization and storage adoption remains uneven across sectors, with current capacity concentrated in industries where capture is technically easier or already commercially proven. However, the energy sector continues to make significant investments in CCUS projects, reveals GlobalData, a leading intelligence and productivity platform. GlobalData’s Strategic Intelligence report, “Carbon Capture and Storage,” reveals that - [1ST Joint Maritime Committee Meeting Cyprus and India](https://cyprusshippingnews.com/2026/10/02/1st-joint-maritime-committee-meeting-cyprus-and-india/): The 1st meeting of the Cyprus–India Joint Maritime Committee was held yesterday in Limassol, within the framework of the Bilateral Agreement on Merchant Shipping signed between the two countries in 2017. The Joint Maritime Committee constitutes an important mechanism for strengthening institutional dialogue and further developing maritime cooperation between Cyprus and India, providing a platform - [BSM expands offshore services with strategic investment in OffshoreCrew](https://cyprusshippingnews.com/2026/10/02/bsm-expands-offshore-services-with-strategic-investment-in-offshorecrew/): Bernhard Schulte Shipmanagement has agreed to acquire a 50% stake in OffshoreCrew AS, a Norwegian specialist in offshore recruitment and crewing solutions, further strengthening its service offering for offshore and maritime customers. Headquartered in Kristiansand, OffshoreCrew provides recruitment, staffing and crew management services to offshore and maritime industries, including oil and gas, offshore wind and - [Australia’s accelerated coal phase-out demands swift dispatchable capacity replacement, says GlobalData](https://cyprusshippingnews.com/2026/10/02/australias-accelerated-coal-phase-out-demands-swift-dispatchable-capacity-replacement-says-globaldata/): Australia operates one of the world’s fastest-decarbonizing power systems, marked by a rapid structural shift away from thermal baseload generation toward solar, wind, and storage. With the retirement of major coal-fired power stations accelerating and the federal 82% renewable electricity target for 2030 approaching, the country is deploying substantial market and policy mechanisms to safeguard - [GTT Marine and Normec Verifavia strengthen partnership to simplify maritime emissions compliance](https://cyprusshippingnews.com/2026/10/02/gtt-marine-and-normec-verifavia-strengthen-partnership-to-simplify-maritime-emissions-compliance/): GTT Marine, a business unit of the GTT Group, and Normec Verifavia, announce a new integration between GTT Marine's Vesper Insights solution and the Normec Verifavia Emissions Verification dashboard, enabling automated data exchange and continuous emissions verification for shipping operators. The integration enables the secure and automated transfer of vessel performance, voyage and emissions data directly into Normec Verifavia's verification - [Pink Corridor project to explore safety requirements of nuclear-powered transatlantic container shipping route](https://cyprusshippingnews.com/2026/10/05/pink-corridor-project-to-explore-safety-requirements-of-nuclear-powered-transatlantic-container-shipping-route-2/): Lloyd’s Register, A.P. Moller - Maersk and the ports of Charleston and Felixstowe will examine the security and safeguarding requirements for the theoretical deployment of a nuclear-powered containership route between the UK and US Lloyd’s Register , A.P. Moller - Maersk , the Port of Charleston on the US east coast and the Port of Felixstowe, - [Fuel Switch Snapshot: Gas slide narrows LNG and LBM premiums over fuel oil - ENGINE](https://cyprusshippingnews.com/2026/10/05/fuel-switch-snapshot-gas-slide-narrows-lng-and-lbm-premiums-over-fuel-oil-engine/): B100's premium over VLSFO widens to $40/mt in Rotterdam Singapore's B100 draws level with LSMGO Rotterdam's B30-VLSFO swings to $2/mt premium over VLSFO All bunker prices described in the text below have been adjusted for calorific content to make them VLSFO-equivalent. They have estimated EU-EU voyage compliance costs included for Rotterdam, and nonEU-EU compliance costs - [Scorpio Tankers announces agreements to sell three Product Tankers and Purchase Four Newbuilding Vessels](https://cyprusshippingnews.com/2026/10/05/scorpio-tankers-announces-agreements-to-sell-three-product-tankers-and-purchase-four-newbuilding-vessels/): Scorpio Tankers Inc. announced that it has entered into agreements to sell three product tankers and purchase four newbuilding vessels. Vessel Sales The Company has entered into agreements to sell three product tankers comprising the 2014 built scrubber-fitted MR product tanker, STI Dama, for $37.5 million, the 2014 built scrubber-fitted LR2 product tanker, STI Elysees, - [From residue to resource - the Rise and Risks of Marine Biofuels](https://cyprusshippingnews.com/2026/10/02/from-residue-to-resource-the-rise-and-risks-of-marine-biofuels/): While corn, sugarcane, wheat, or vegetable oils can be converted into fuel, their use for food is driving demand to develop waste or bi-products from agricultural, forestry, food-processing and other biological industries as more prudent alternatives. Bio-residues can, for example, be used to derive fuels or fuel blends which promise to ‘drop-in’ as replacements for - [BIMCO Shipping Number of the Week](https://cyprusshippingnews.com/2026/10/05/bimco-shipping-number-of-the-week-116/): "During the first three quarters of 2026, US dry bulk shipments to China have grown 104% y/y, driven by a 176% y/y increase in the shipment of grains. Volumes between the two countries weakened in 2025 amid rising trade tensions and higher tariffs. However, an agreement reached in November 2025 lowered tariffs on US grains - [Bigleaf Networks and CTS Mobility partner to deliver High-Performance Wired, Wireless, and Starlink Connectivity](https://cyprusshippingnews.com/2026/10/06/bigleaf-networks-and-cts-mobility-partner-to-deliver-high-performance-wired-wireless-and-starlink-connectivity/): Strategic partnership combines CTS Mobility's mobility and wireless expertise with Bigleaf's application-aware network orchestration to help businesses maximise the value of fiber, broadband, 5G, fixed wireless, and Starlink connectivity. Bigleaf Networks, a leading provider of application-aware connectivity solutions, today announced a strategic partnership with CTS Mobility, a national provider of enterprise mobility, fixed wireless, business - [BIFA puts efficient trade at the heart of Labour Party Conference agenda](https://cyprusshippingnews.com/2026/10/05/bifa-puts-efficient-trade-at-the-heart-of-labour-party-conference-agenda/): The British International Freight Association (BIFA) today hosted a fringe event at the Labour Party Conference in Liverpool, aiming to drive policy towards a more secure and efficient UK trading border. Led by BIFA Director General Steve Parker, the hour-long discussion focused on creating a secure and efficient border for trade against a backdrop of - [Allied Weekly Market Review Week 39](https://cyprusshippingnews.com/2026/10/02/allied-weekly-market-review-week-39-4/): Pls find below the Allied - Weekly Market Review - Week 39 ALLIED - Weekly Market Report- Week 39 - [Intermodal Report Week 39 2026](https://cyprusshippingnews.com/2026/10/02/intermodal-report-week-39-2026/): Pls find below the Intermodal Report - Week 39 2026 Intermodal Report Week 39 2026 - [Steel Demand softens as Iron Ore Flows face growing headwinds](https://cyprusshippingnews.com/2026/10/05/steel-demand-softens-as-iron-ore-flows-face-growing-headwinds/): Iron ore market fundamentals continued to soften as subdued Chinese steel demand kept pressure on inventories and reduced the need for additional seaborne supply. While Simandou is emerging as an increasingly important source of high-grade iron ore, stronger Guinea exports are unlikely to fully offset weaker Brazilian flows. At the same time, the EU’s new - [Maritime is using AI every day now comes the harder part trusting it to act](https://cyprusshippingnews.com/2026/10/05/maritime-is-using-ai-every-day-now-comes-the-harder-part-trusting-it-to-act/): New Thetius and Marcura research finds AI is already embedded in maritime workflows, but organisations are still working out how to assess the full human-AI process, from verification and accountability to governance, and where human judgement adds most value. Almost two-thirds (63%) of maritime professionals now use AI every day, according to new research from - [Latam's oil trade is being rerouted by the Middle East crisis](https://cyprusshippingnews.com/2026/10/02/latams-oil-trade-is-being-rerouted-by-the-middle-east-crisis/): The global crude market is running a deficit of about 1-2 million b/d, as Middle East losses in medium-to-heavy grades push demand toward Latin America's heavier barrels, even though Brazil's output growth has flattened while Guyana's is picking up speed thanks to the country's latest FPSOs. Vaca Muerta's light crude output in Argentina is ramping - [Bloomberg launches Enterprise MCP to seamlessly connect Bloomberg Data with Clients' Enterprise AI Applications](https://cyprusshippingnews.com/2026/10/06/bloomberg-launches-enterprise-mcp-to-seamlessly-connect-bloomberg-data-with-clients-enterprise-ai-applications/): Solution pairs AI-ready metadata and semantic context with workflow-focused Skills, giving clients' AI agents what they need to interpret Bloomberg data correctly and use it across financial workflows. Bloomberg announced the launch of Bloomberg Enterprise Model Context Protocol (MCP), an AI access layer for Data License Plus (DL+), Bloomberg's next-generation Data License offering. Built for - [Viking takes delivery of newest River Ship in Egypt](https://cyprusshippingnews.com/2026/10/05/viking-takes-delivery-of-newest-river-ship-in-egypt/): The Viking Sekhmet Joins Award-Winning Fleet of Sister Ships on the Nile River Viking® announced it has taken delivery of the company’s newest river ship in Egypt, the Viking Sekhmet. The delivery ceremony for the Viking Sekhmet took place at Massara shipyard in Cairo, Egypt. “The Nile has connected people with the history and culture of - [DCSA publishes Track & Trace 3.0.0, expanding standard to cover IoT and reefer visibility](https://cyprusshippingnews.com/2026/10/06/dcsa-publishes-track-trace-3-0-0-expanding-standard-to-cover-iot-and-reefer-visibility/): The Digital Container Shipping Association has published Track & Trace 3.0.0, extending one of the industry's most widely adopted standard beyond shipment, transport and equipment visibility to also cover IoT and reefer events. The update builds on Track & Trace's role as the common language the industry uses to describe and exchange container visibility information - [European Maritime Specialist Lehmann Marine secures Breakthrough China Battery Installation](https://cyprusshippingnews.com/2026/10/06/european-maritime-specialist-lehmann-marine-secures-breakthrough-china-battery-installation/): Lehmann Marine, a specialist in maritime energy storage and a Sunlight Group company, has secured its first deployment in China with the commissioning of its modular CUBE bat- tery system aboard the AESEN 116H, an advanced 42-meter hybrid fast crew boat built for Singapore-based operator AESEN. The fully integrated hybrid propulsion system on the AESEN - [The Duke of Edinburgh opens Brookes Bell’s new Liverpool Office](https://cyprusshippingnews.com/2026/10/05/the-duke-of-edinburgh-opens-brookes-bells-new-liverpool-office/): His Royal Highness The Duke of Edinburgh, opened international maritime consultancy Brookes Bell’s new Liverpool office on Thursday 24th September 2026. Accompanied by His Majesty’s Lord-Lieutenant of Merseyside, Peter Oliver OBE, the High Sheriff of Merseyside Hazel Snell DL, and Cllr William Shorthall, Lord Mayor of Liverpool, His Royal Highness unveiled a plaque at No - [Kongsberg Maritime to deliver AUV hangar and subsea docking system for new research vessel](https://cyprusshippingnews.com/2026/10/06/kongsberg-maritime-to-deliver-auv-hangar-and-subsea-docking-system-for-new-research-vessel/): Kongsberg Maritime has secured a contract to deliver an Autonomous Underwater Vehicle Hangar and Launch & Recovery System for a new large research vessel being built by VARD for Inkfish. The system represents a step forward in AUV operations. It combines a dedicated AUV hangar with subsea docking technology, enabling HUGIN AUVs to be launched, - [Accelleron secures ClassNK Innovation Endoresement for LOREKA360° engine and emissions modules](https://cyprusshippingnews.com/2026/10/05/accelleron-secures-classnk-innovation-endoresement-for-loreka360-engine-and-emissions-modules/): Tekomar XPERT Engine and Emissions Desk receive ClassNK Products & Solutions certification Data acquisition, handling and analytics functions independently confirmed Independent third-party certification to support implementation on vessels worldwid Accelleron has received Products & Solutions certification under ClassNK’s Innovation Endorsement framework for the engine diagnostics platform Tekomar XPERT Engine and the compliance and reporting tool - [Glencore welcomes New South Wales NSW approval for Hunter Valley Operations HVO](https://cyprusshippingnews.com/2026/10/05/glencore-welcomes-new-south-wales-nsw-approval-for-hunter-valley-operations-hvo/): Glencore welcomes the decision by the NSW Independent Planning Commission to approve the HVO Continuation Project. HVO represents a key part of our Australian coal business, producing high quality thermal and semi-soft steelmaking coal for export. It is independently managed on behalf of its JV owners, Yancoal (51%) and Glencore (49%). The HVO Continuation Project - [Change in the Konecranes Leadership Team Business Area President Tomas Myntti to retire](https://cyprusshippingnews.com/2026/10/05/change-in-the-konecranes-leadership-team-business-area-president-tomas-myntti-to-retire/): Konecranes announces a change in its leadership team. Tomas Myntti, President, Business Area Port Solutions, will retire from Konecranes at the end of March 2027. The search for his successor will start immediately. "After 18 rewarding years with Konecranes, and a fulfilling career overall, I feel the time is right to focus on other important - [Wärtsilä to deliver engines for Australia's largest-ever engine power plant to support the country's energy transition](https://cyprusshippingnews.com/2026/10/05/wartsila-to-deliver-engines-for-australias-largest-ever-engine-power-plant-to-support-the-countrys-energy-transition/): Technology group Wärtsilä has been selected to supply its flexible and highly efficient Wärtsilä 46TS engines for Australia’s largest-ever reciprocating engine power plant. The 300 MW plant will provide critical grid balancing and system security in Australia. The fast-starting flexible capacity provided by the Wärtsilä 46TS engines will enable greater integration of renewable energy into - [More expert speakers announced for METF26](https://cyprusshippingnews.com/2026/09/30/more-expert-speakers-announced-for-metf26/): The Marine Energy Transition Forum has built a strong reputation as an industry platform which encourages and fosters open, honest and informed discussion about the hard questions facing shipping, ports and fuel and technology providers as they decide on and build their decarbonisation strategies. This year’s edition is well-timed, coming just ahead of the much-anticipated - [PATH TO NET ZERO: Shipping companies face slow low-carbon bunker transition](https://cyprusshippingnews.com/2026/10/02/path-to-net-zero-shipping-companies-face-slow-low-carbon-bunker-transition/): Intensity reduced, not total emissions Cost of green fuel much higher Cargo owners less willing to pay premiums This is the sixth in a multi-part series on net-zero efforts across industries. The previous article can be found here. Major shipping companies have made progress in reducing the greenhouse gas emissions intensity of their operations but - [York Space Systems and ATLAS Space Operations activate new Antenna in Mwulire, Rwanda, Doubling Contact Capacity at Its Equatorial Ground Station](https://cyprusshippingnews.com/2026/10/05/york-space-systems-and-atlas-space-operations-activate-new-antenna-in-mwulire-rwanda-doubling-contact-capacity-at-its-equatorial-ground-station/): New S-band antenna is available for customer scheduling through Freedom®, extending the ATLAS partnership with the Rwanda Space Agency. York Space Systems, a leading U.S.-based national defense and commercial prime providing a comprehensive suite of mission-enabling solutions, and ATLAS Space Operations, a leading provider of Ground Software as a Service™, announced that a new antenna - [Systema Foundation: a new Alliance to strengthen the competitiveness of Italy’s productive system](https://cyprusshippingnews.com/2026/10/05/systema-foundation-a-new-alliance-to-strengthen-the-competitiveness-of-italys-productive-system/): Businesses, industry, finance and associations join forces for competitive supply chains in the transition Rome, 29 September 2026 – On the occasion of Open-es ACT 2026, the event dedicated to defining priorities and actions to strengthen the competitiveness of businesses and supply chains, Eni, Confindustria, Enel, Snam, UniCredit, Q8 Italia, Webuild, Accenture, Avvale and - [Petrobras signs long-term agreement for the purchase and sale of Liquefied Natural Gas with U.S. company Cheniere Marketing, LLC.](https://cyprusshippingnews.com/2026/10/05/petrobras-signs-long-term-agreement-for-the-purchase-and-sale-of-liquefied-natural-gas-with-u-s-company-cheniere-marketing-llc/): Petrobras has signed a long-term Liquefied Natural Gas (LNG) purchase and sale agreement with Cheniere Marketing, LLC, a U.S. company and subsidiary of Cheniere Energy, Inc. (NYSE: LNG). The agreement provides for Petrobras to purchase 0.8 million tonnes per annum (mtpa) of LNG for a period of 22 years. The contracting of long-term volumes reflects - [WISTA International launches new Associate Membership category](https://cyprusshippingnews.com/2026/09/30/wista-international-launches-new-associate-membership-category/): WISTA International has introduced a new Associate Membership category, opening its global network to maritime organisations that are unable to join through a National WISTA Association (NWA). The new membership option is aimed at companies, institutions and other organisations that support WISTA’s work on gender diversity and inclusion but do not currently have access to - [Dr. N Reuben Paul meets Indian Ambassador in Athens on Seafarers' Welfare and Maritime issues](https://cyprusshippingnews.com/2026/09/30/dr-n-reuben-paul-meets-indian-ambassador-in-athens-on-seafarers-welfare-and-maritime-issues/): On the occasion of World Maritime Day, 24 September 2026, Dr. N. Reuben Paul, Chairman of the Merchant Navy Welfare Board (India) and Vice-Chairman of the Global Seafarers Organisation, met His Excellency Shri Ravi Shankar, Ambassador of India to Greece, at the Embassy of India in Athens. The meeting covered important issues concerning the welfare, - [SFL Missions wins contract to develop Next-Generation Greenhouse Gas Monitoring Satellite for GHGSat](https://cyprusshippingnews.com/2026/10/05/sfl-missions-wins-contract-to-develop-next-generation-greenhouse-gas-monitoring-satellite-for-ghgsat/): SFL Missions Inc. has been awarded a contract by GHGSat of Montreal to develop the GHGSat-D2 demonstration satellite with enhanced greenhouse gas monitoring capabilities. SFL Missions is designing GHGSat-D2 to support more accurate and frequent measurements of emissions from sources on the Earth’s surface. To accommodate a larger, higher-accuracy sensor being manufactured by ABB Canada, - [Astro Digital, premier builder of Satellites for Commercial, Civil and Defense Applications, to become Public through merger with Proem Acquisition Corp I](https://cyprusshippingnews.com/2026/10/05/astro-digital-premier-builder-of-satellites-for-commercial-civil-and-defense-applications-to-become-public-through-merger-with-proem-acquisition-corp-i/): Since 2018, Astro Digital has delivered nearly 40 satellites across 16 mission types for more than 30 customers, including NASA, the Department of Defense, Boeing, and Sony. Astro Digital grew revenue at a 42% two-year CAGR while generating positive adjusted EBITDA, a rare combination among public space peers. $50 million PIPE with Proem Asset Management - [Hiab announces next-generation ProCare™ lifecycle services to help customers maximise uptime, productivity and fleet value](https://cyprusshippingnews.com/2026/10/05/hiab-announces-next-generation-procare-lifecycle-services-to-help-customers-maximise-uptime-productivity-and-fleet-value/): An intelligence-driven lifecycle solution combining service, connectivity and data to reduce total cost of ownership and make equipment performance more predictable Hiab, a leading provider of smart and sustainable load handling solutions, today announces the next generation of its ProCare™ lifecycle services portfolio, designed to help fleet owners keep equipment working, control lifecycle costs and - [Twisted rudder stock on LNG carrier required specialist engineering repairs](https://cyprusshippingnews.com/2026/10/05/twisted-rudder-stock-on-lng-carrier-required-specialist-engineering-repairs/): When an LNG carrier experienced steering-gear issues, the initial suspicion was damage to the rudder equipment. A shipyard inspection in Portugal confirmed the problem: the rudder stock had suffered torsional deformation in the upper keyway area. MarineShaft specializes in class-approved repairs of complex and critical damage to rudder and propulsion equipment. With workshop facilities in - [Princess Cruises becomes first global Cruise Line to launch AI-Powered Cruise Planning App For Large Language Models](https://cyprusshippingnews.com/2026/10/02/princess-cruises-becomes-first-global-cruise-line-to-launch-ai-powered-cruise-planning-app-for-large-language-models/): New Agentic App Experience Makes It Easier to Discover, Compare and Plan a Princess Vacation Princess Cruises becomes the first global cruise line to launch a native app in ChatGPT, bringing trusted, real-time cruise planning directly into the leading AI platform. The new Princess Cruises app puts the brand at the forefront of LLM-powered cruise discovery - [New Direct Travel sustainability report sets context for lower-carbon crew change travel](https://cyprusshippingnews.com/2026/10/02/new-direct-travel-sustainability-report-sets-context-for-lower-carbon-crew-change-travel/): Scope 1, 2 and 3 emissions baseline established across the combined organisation Report highlights marine expertise in addressing travel-related emissions across ocean-dependent industries ATPI Halo helps shipping companies measure and address Scope 3 emissions associated with crew change travel Direct Travel, one of the world’s largest travel management companies, has published its first annual Direct - [Oscilloquartz and Iridium expand resilient positioning and navigation capabilities with new PNT service integration](https://cyprusshippingnews.com/2026/10/05/oscilloquartz-and-iridium-expand-resilient-positioning-and-navigation-capabilities-with-new-pnt-service-integration/): News summary: Defense and critical infrastructure require resilient PNT architectures that maintain trusted timing and positioning during GNSS loss Oscilloquartz is expanding Iridium® PNT (formerly Iridium STL®) support across its portfolio, enabling customers to leverage resilient positioning and navigation alongside trusted timing across more applications Collaboration strengthens multi-layered assured PNT architectures by combining Oscilloquartz’s timing - [TotalEnergies announces Final Investment Decision for Absheron Full Field Development in Azerbaijan](https://cyprusshippingnews.com/2026/10/02/totalenergies-announces-final-investment-decision-for-absheron-full-field-development-in-azerbaijan/): Project will increase Absheron gas production to 6 BCMA Gas will be supplied to the domestic market and exported to Turkey TotalEnergies (35%, operator), together with its partners SOCAR (35%) and XRG (30%), have taken the Final Investment Decision (FID) for the Full Field Development of the Absheron gas and condensate field. Located in the - [Engineering confidence across offshore wind: Tekmar’s relationship with ScottishPower and Iberdrola](https://cyprusshippingnews.com/2026/10/02/engineering-confidence-across-offshore-wind-tekmars-relationship-with-scottishpower-and-iberdrola/): A multi-project relationship demonstrating the value of integrated engineering expertise, proven asset protection technology and international delivery experience. Long-term customer relationships are built through technical understanding, consistent delivery and the ability to respond to increasingly complex project requirements. Tekmar’s relationship with ScottishPower and Iberdrola demonstrates these strengths across a portfolio of major offshore wind developments. - [Shell takes final investment decision to double LNG Canada capacity](https://cyprusshippingnews.com/2026/10/02/shell-takes-final-investment-decision-to-double-lng-canada-capacity/): Shell Canada Energy, an affiliate of Shell plc announced a final investment decision on LNG Canada Phase 2, which will double production capacity at the facility in Kitimat, British Columbia. "LNG Canada is a core part of our Integrated Gas portfolio, helping to supply LNG to customers in Asia at a time when diversity of - [Shell completes sale of interest in Gulf of America platform](https://cyprusshippingnews.com/2026/09/30/shell-completes-sale-of-interest-in-gulf-of-america-platform/): Shell Offshore Inc., a subsidiary of Shell plc, has completed the previously announced agreement to sell its 50% non-operated working interest in the Na Kika platform and associated fields in the Gulf of America as well as its 100% owned Coulomb tieback. Shell received approximately $840 million in cash proceeds, reflecting adjustments between the effective - [DORIC MONTHLY CHINA BAROMETER SEPTEMBER 2026](https://cyprusshippingnews.com/2026/10/02/doric-monthly-china-barometer-september-2026/): Pls find below the DORIC MONTHLY - CHINA BAROMETER SEPTEMBER 2026 CHINA_BAROMETER_SEPTEMBER_2026 - [Marlink and NORMA Cyber connect fleet-wide threat detection with expert maritime response](https://cyprusshippingnews.com/2026/10/02/marlink-and-norma-cyber-connect-fleet-wide-threat-detection-with-expert-maritime-response/): Höegh Autoliners among the first to deploy the combined service across its fleet Detecting a cyber threat on a vessel is only half the battle with operators still needing to assess it, understand the operational impact, and act fast enough to avoid disruption. Marlink and the Nordic Maritime Cyber Resilience Centre have closed that gap - [Mintra’s Mentor AI named finalist in Crew Connect Innovation and Technology Award](https://cyprusshippingnews.com/2026/10/02/mintras-mentor-ai-named-finalist-in-crew-connect-innovation-and-technology-award/): Mintra’s Mentor AI has been named a finalist in the Innovation and Technology category of the Crew Connect Global Awards 2026, recognising its use of governed AI to give seafarers trusted operational information at the point of need. Launched in December 2025, Mentor AI addresses a longstanding gap between completing formal training and applying that - [Opsealog whitepaper identifies the "missing loop" behind offshore fleets' data problem](https://cyprusshippingnews.com/2026/10/02/opsealog-whitepaper-identifies-the-missing-loop-behind-offshore-fleets-data-problem/): Ten years of operational data across 1,000+ offshore support vessels shows that most fleets aren't short on data. They're short on a way to convert it into decisions. Opsealog, a provider of data integration and performance management services for the marine offshore industry, today published a new whitepaper arguing that the offshore industry's data problem - [Wirana urges Pakistan to give ship recycling scrap equal tax treatment](https://cyprusshippingnews.com/2026/10/02/wirana-urges-pakistan-to-give-ship-recycling-scrap-equal-tax-treatment/): Wirana Shipping is calling on Pakistan to give scrap recovered from ship recycling the same tax treatment as imported scrap. The call follows several weeks of efforts by local recyclers to address a tax mechanism that encourages steel mills to buy from overseas. Under the Federal Board of Revenue’s notification SRO 1245(I)/2026, relevant steelmakers using - [GTMaritime launches GT Connect to turn fleet communications into operational action](https://cyprusshippingnews.com/2026/10/02/gtmaritime-launches-gt-connect-to-turn-fleet-communications-into-operational-action/): New maritime collaboration platform connects conversations with vessels, people, tasks and operational context, helping fleet teams improve visibility and accountability. GTMaritime has launched GT Connect, a maritime collaboration platform designed to help vessel and shore teams turn operational communications into clear, accountable action. Shipping companies depend on a constant flow of communication between vessels, fleet operations - [Nokia improves network performance and efficiency for Zain KSA across Saudi Arabia](https://cyprusshippingnews.com/2026/10/02/nokia-improves-network-performance-and-efficiency-for-zain-ksa-across-saudi-arabia/): Deployment delivers real-time, application-level visibility across Zain KSA’s network. Improves digital experience for consumers and enterprises across Saudi Arabia. Cloud-native analytics platform allows proactive optimization of high-bandwidth, latency-sensitive services, while improving efficiency and cost control. Builds an AI-ready data foundation that strengthens Zain KSA’s role as a key enabler of the Kingdom’s digital future. Nokia - [GEN-H plans 200-300 MW zero-emission balancing power facility in Finland based on Hycamite methane pyrolysis technology](https://cyprusshippingnews.com/2026/10/02/gen-h-plans-200-300-mw-zero-emission-balancing-power-facility-in-finland-based-on-hycamite-methane-pyrolysis-technology/): GEN-H Energy is planning a 200–300-megawatt balancing power project in Kotka, Finland, where electricity will be generated from natural gas without carbon dioxide emissions. Hycamite’s equipment – based on methane pyrolysis – will be integrated with an electricity-generating gas-fired power station. The companies have signed a memorandum of understanding on the matter. Hycamite's methane-splitting process - [MOL signs agreement to operate Arctic Research Vessel Mirai II](https://cyprusshippingnews.com/2026/10/02/mol-signs-agreement-to-operate-arctic-research-vessel-mirai-ii/): Advancing Toward the Start of Operations in December 2026 Mitsui O.S.K. Lines, announced the signing of an agreement with the Japan Agency for Marine-Earth Science and Technology to provide operational services and related work for JAMSTEC's Arctic research vessel, the Mirai II . Under the agreement, MOL will be responsible for operating the Mirai II. - [Indian Register of Shipping grants type approval to Volteo Maritime’s Electronic Record Book - WAYSHIP](https://cyprusshippingnews.com/2026/10/02/indian-register-of-shipping-grants-type-approval-to-volteo-maritimes-electronic-record-book-wayship/): Indian Register of Shipping has issued type approval Certificate to WAYSHIP - Electronic Record Book developed by Volteo Maritime, marking an important milestone in the indigenisation of shipboard Digital record-keeping in India. Electronic Record Books can help ship operators improve the accessibility, consistency and management of operational records, while reducing dependence on physical documentation. The product - [Amer Shipping orders another two CDS 110 dry cargo vessels from Concordia Damen](https://cyprusshippingnews.com/2026/10/02/amer-shipping-orders-another-two-cds-110-dry-cargo-vessels-from-concordia-damen/): Skippers Bram and Lilian Timmer to become co-owners of the AM Lianova Amer Shipping, the inland shipping company owned by the Buijks family, has purchased another two CDS Dry Cargo 110 hulls from Concordia Damen. The first vessel, the AM Lianova, will sail for Stream Shipping, the joint venture between Amer Shipping and the German - [Register Now for the CSN London Maritime Forum "Shipping: Predicting an Unpredictable Future", 13 October - Two Weeks Left](https://cyprusshippingnews.com/2026/09/29/register-now-for-the-csn-london-maritime-forum-shipping-predicting-an-unpredictable-future-13-october-two-weeks-left/): “Shipping: Predicting an Unpredictable Future” REGISTER HERE Date: 13 October 2026 Time: 09:00-16:00 Venue: Marriott Hotel Regent's Park Following the success of our events across Europe and Asia, Cyprus Shipping News is proud to present the inaugural CSN London Maritime Forum. In an era defined by profound geopolitical instability, shifting regulatory frameworks, and volatile capital - [Omnes Capital invests in Maritime Robotics to scale European dual-use sea drone platform](https://cyprusshippingnews.com/2026/10/02/omnes-capital-invests-in-maritime-robotics-to-scale-european-dual-use-sea-drone-platform/): Omnes Capital, a leading European investor in private equity and infrastructure, just announced an investment in Maritime Robotics, a pioneer and market leader in autonomous maritime systems. The investment forms part of a funding round alongside new growth partner Mustard Seed + Partners (MS+PARTNERS) and existing backers including EnvisionTech, Nysnø Climate Investment, and Umoe, together - [Condition monitoring prevented the product loss of 288,000 bottles at Britvic facility](https://cyprusshippingnews.com/2026/10/02/condition-monitoring-prevented-the-product-loss-of-288000-bottles-at-britvic-facility/): Ensuring high uptime is a first priority at Britvic’s production plants. At their plant in Rugby, Great Britain, Britvic successfully prevented pump failure, optimized asset performance and ensured continuous production by using Alfa Laval Analytics for online condition monitoring. Chris Heslop, Engineering Specialist at the Rugby facility, remarked: "Just this one notification paid for our - [xclusiv S&P Report 28th September 2026](https://cyprusshippingnews.com/2026/09/30/xclusiv-sp-report-28th-september-2026/): Pls find below the [xclusiv] S&P Report 28th September 2026 [xclusiv] 2026_09_28 - [Iran Says It Won’t Soften Demands as Trump Rejects Hormuz Offer](https://cyprusshippingnews.com/2026/09/30/iran-says-it-wont-soften-demands-as-trump-rejects-hormuz-offer/): Iran stuck to its seven-day proposal for reopening the crucial Strait of Hormuz, saying it won’t soften its conditions, while President Donald Trump sent mixed signals about his willingness to reach a deal. The conditions Iran wants are something Washington might have agreed to about a year ago, Trump told Axios in an interview on - [New cargo securing guidance prioritises personnel safety and reduces damage risks](https://cyprusshippingnews.com/2026/09/30/new-cargo-securing-guidance-prioritises-personnel-safety-and-reduces-damage-risks/): The revised guidelines aim to protect personnel, reduce cargo damage and improve port efficiency. Lloyd’s Register has worked with Jurong Port in Singapore to revise its Best Practice Guidelines for Stowage and Securing of Steel & General Cargoes, placing personnel safety at the heart of cargo operations. The updated guidance aims to ensure the safety - [Island Oil evolves into Island Energies](https://cyprusshippingnews.com/2026/09/30/island-oil-evolves-into-island-energies/): A new identity that honours the Island Oil legacy and moves the Group forward with confidence Island Oil Limited introduces its new corporate identity, Island Energies, a name that reflects the Group’s evolution, broader energy focus and future direction. The new identity builds on relationships established over three decades. The rebrand brings together Island Oil - [Navigating the S-100 Transition: Real-World Trials and the Future of Digital Navigation](https://cyprusshippingnews.com/2026/09/29/navigating-the-s-100-transition-real-world-trials-and-the-future-of-digital-navigation/): As the maritime industry prepares for the implementation of the S-100 data standard, the shift from traditional Electronic Navigational Charts (S-57) to a dynamic, multi-layered digital environment represents one of the most significant upgrades to bridge operations in decades. Following a highly successful demonstration at the SMM exhibition in Hamburg, Adonis Violaris of Cyprus Shipping - [A new gateway to Turkey - Stolthaven Terminals and Rönesans Holding on the DAPEK Ceyhan Terminal](https://cyprusshippingnews.com/2026/09/29/a-new-gateway-to-turkey-stolthaven-terminals-and-ronesans-holding-on-the-dapek-ceyhan-terminal/): Stolthaven Terminals and Rönesans Holding are building a new chemical and industrial terminal at Ceyhan, on Turkey’s Mediterranean coast. The terminal forms part of DAPEK , a wider industrial zone that Rönesans is developing into one of the country's most significant manufacturing and logistics hubs. We sat down with Guy Bessant of Stolthaven Terminals and - [Working visit of the Shipping Deputy Minister of Cyprus to Brussels](https://cyprusshippingnews.com/2026/09/29/working-visit-of-the-shipping-deputy-minister-of-cyprus-to-brussels/): The Shipping Deputy Minister to the President, Ms. Marina Hadjimanolis, departed on Monday, 28 September 2026, for Brussels, following an official invitation from the European Commissioner for Sustainable Transport and Tourism, Mr. Apostolos Tzitzikostas, to participate in the Connecting Europe Days 2026, a flagship event on transport, connectivity and strategic infrastructure. The Shipping Deputy Minister’s - [Electronic evidence is transforming maritime casualty investigations, says The Nautical Institute](https://cyprusshippingnews.com/2026/09/29/electronic-evidence-is-transforming-maritime-casualty-investigations-says-the-nautical-institute/): New edition of Guidelines for Collecting Maritime Evidence Volume 2 addresses electronic records, AI, digital reconstruction and the changing responsibilities of maritime professionals The Nautical Institute is highlighting the growing importance of electronic evidence following maritime accidents and incidents as modern ships generate more data and complex records of their operation. The forthcoming second edition - [Crewing 5.0: How AI is Rewriting the Rules of Maritime Travel - Exclusive Interview with Crewpoint's Marko Saul](https://cyprusshippingnews.com/2026/09/30/crewing-5-0-how-ai-is-rewriting-the-rules-of-maritime-travel-exclusive-interview-with-crewpoints-marko-saul/): Crew logistics has long been one of the most complex and manually intensive components of ship management, often reliant on travel systems designed for leisure rather than the strict operational demands of the maritime sector. To explore how artificial intelligence is fundamentally changing this dynamic, Adonis Violaris of Cyprus Shipping News sat down with Marko - [Stena Line orders two new hybrid ferries for the Sweden Denmark route](https://cyprusshippingnews.com/2026/10/02/stena-line-orders-two-new-hybrid-ferries-for-the-sweden-denmark-route/): Stena Line is renewing its fleet and has placed an order for two new hybrid E-Flexer ferries, scheduled to enter service in 2030. The two RoPax ferries will have capacity for 1,500 passengers and 2,750 lane metres of freight. Designed as day ferries, they are intended to operate on the Gothenburg–Frederikshavn route. The vessels will - [NYK orders Newbuild Service Operation Vessel for Offshore Wind Power plants in Asia-Pacific](https://cyprusshippingnews.com/2026/09/30/nyk-orders-newbuild-service-operation-vessel-for-offshore-wind-power-plants-in-asia-pacific/): Contributing to the Expansion of Sustainable Energy in a Region Poised for Significant Growth NYK has ordered a service operation vessel from the PaxOcean Group, a member of Kuok Maritime Group, to strengthen NYK’s offshore wind power-related business platform in the Asia-Pacific region. The vessel will support the construction, operation, and maintenance of offshore wind - [Brittany Ferries, Adrena and Bureau Veritas achieve up to 6% energy savings](https://cyprusshippingnews.com/2026/10/02/brittany-ferries-adrena-and-bureau-veritas-achieve-up-to-6-energy-savings/): Brittany Ferries, Adrena and Bureau Veritas Solutions Marine & Offshore have successfully demonstrated fuel savings of up to 6% through the deployment of an advanced digital twin-enabled routing solution. The AdrenaShip concept highlights the potential of advanced digital technologies to improve vessel efficiency and support maritime decarbonisation. Combining Brittany Ferries’ operational expertise, Adrena’s route optimisation - [Fincantieri PPA "DOMENICO MILLELIRE" delivers to the Italian Navy](https://cyprusshippingnews.com/2026/09/30/fincantieri-ppa-domenico-millelire-delivers-to-the-italian-navy/): The delivery of the PPA - Multipurpose Combat Ship “Domenico Millelire”, built by Fincantieri for the Italian Navy, took place in Muggiano (La Spezia). The ceremony was attended by Admiral Aurelio De Carolis, Commander in Chief of the Naval Fleet, Chief Inspector Admiral Cristiano Nervi, Director of NAVARM, and Joachim Sucker, Director of the Organisation - [MSC Cruises set sail as global cruises partner of the 38th America's cup in Naples](https://cyprusshippingnews.com/2026/09/30/msc-cruises-set-sail-as-global-cruises-partner-of-the-38th-americas-cup-in-naples/): MSC Cruises has announced a new global partnership with the 38th America's Cup, becoming the event's Global Cruises Partner as the world-famous sailing competition prepares to take place in Naples, Italy, in 2027. The partnership aligns MSC Cruises with one of the world's most prestigious maritime sporting events as it prepares to take place in - [Gasum selected as power balancing and market services partner by TOWII renewables](https://cyprusshippingnews.com/2026/09/30/gasum-selected-as-power-balancing-and-market-services-partner-by-towii-renewables/): TOWII Renewables is bringing two wind power projects online in Finland. Gasum has been selected as the balancing and market services partner for TOWII Renewables’ wind power projects in Finland. The agreement covers balance responsibility, forecasting, intraday optimization and participation in ancillary services from the first energization of the projects. TOWII Renewables’ two wind farms - [Fugro advances safe offshore development with ultra-deepwater AUV geohazard survey off the coast of Sabah, East Malaysia](https://cyprusshippingnews.com/2026/09/30/fugro-advances-safe-offshore-development-with-ultra-deepwater-auv-geohazard-survey-off-the-coast-of-sabah-east-malaysia/): Fugro has executed the geohazard site survey contract by PETRONAS Carigali for the Megah and Limbayong fields off the coast of Sabah, offshore East Malaysia. The development supports ongoing efforts to develop Malaysia's offshore resources. Fugro’s survey delivered critical Geo-data to identify seabed and subsurface hazards, enabling informed engineering decisions and supporting the safe development - [Carbon costs put engine performance under scrutiny](https://cyprusshippingnews.com/2026/09/30/carbon-costs-put-engine-performance-under-scrutiny/): With bunker prices having increased by 76% since the US war on Iran, together with an ageing fleet operating longer voyages as ships navigate around conflict zones, shipmanagers and crews need to look more closely at their engines if they want to reduce costs, advises engine monitoring specialist CM Technologies (CMT). CMT believes the combined - [Meeting Data Center Power Demand Solar, Nuclear, and Beyond](https://cyprusshippingnews.com/2026/09/30/meeting-data-center-power-demand-solar-nuclear-and-beyond/): Globally, most of the electricity used by data centers comes from fossil fuels. While data center hyperscalers have long been offsetting this with market-based RECs (renewable energy certificates) and PPAs (power purchase agreements) from wind and solar projects, a transition to location-based and time-matched accounting is anticipated. This will demand new investment in low-carbon technologies - [World's largest yacht-dedicated shiplift receives Lloyd's Register classification](https://cyprusshippingnews.com/2026/09/30/worlds-largest-yacht-dedicated-shiplift-receives-lloyds-register-classification/): The 5,000-tonne facility at VMG Astilleros de Sagunto expands capacity for large-yacht refit and maintenance projects, strengthening Spain's position as a growing superyacht service hub. Lloyd’s Register has presented class certification for the world’s largest yacht-dedicated shiplift to VMG Astilleros de Sagunto at the Monaco Yacht Show 2026. Classed by LR in April 2026, the - [JINGDONG property establish advanced logistics facility in KEZAD](https://cyprusshippingnews.com/2026/09/30/jingdong-property-establish-advanced-logistics-facility-in-kezad/): Company to build a 150,000 square-metre logistics facility that will strengthen Abu Dhabi’s logistics ecosystem Khalifa Economic Zones Abu Dhabi – KEZAD Group, one of the largest operators of integrated and purpose-built economic zones in the region, has signed an agreement with JINGDONG Property, the infrastructure investment and asset management arm of JD.com, Inc., to establish - [Newport completes Fleet-Wide Rollout of M2INTELLIGENCE GVMS Solution](https://cyprusshippingnews.com/2026/09/30/newport-completes-fleet-wide-rollout-of-m2intelligence-gvms-solution/): M2INTELLIGENCE announced the successful completion of the fleet-wide rollout of its GVMS solution across Newport’s vessels, providing shore-based teams with direct access to live and recorded visual information from onboard operations. With GVMS deployed consistently across the fleet, Newport can remotely follow critical vessel areas and activities, review operational events and incidents, and support troubleshooting, - [Ant International’s Antom upgrades Southeast Asia Leadership Structure to drive Regional Synergy in the AI Era](https://cyprusshippingnews.com/2026/09/30/ant-internationals-antom-upgrades-southeast-asia-leadership-structure-to-drive-regional-synergy-in-the-ai-era/): Antom, a leading merchant payment and digitisation services provider under Ant International, announced a series of key appointments for its operations in Southeast Asia to further strengthen the synergy among its regional brands and better serve regional merchants with streamlined full-stack AI-native solutions. Nabilah Alsagoff, co-founder and former chief operating officer of DOKU, Indonesia's leading - [Saudi Tourism Authority concludes Monaco Yacht Show 2026 with major milestones for Saudi Red Sea Yachting](https://cyprusshippingnews.com/2026/09/30/saudi-tourism-authority-concludes-monaco-yacht-show-2026-with-major-milestones-for-saudi-red-sea-yachting/): Yachting Network connects AMAALA and Shura, creating access to 278 berths under a single berthing contract from winter 2026 Red Sea Yacht Show 2027 announced for Jeddah, powered by Monaco Yacht Show New partnerships and MoUs advance yacht maintenance and investment across Saudi's yachting ecosystem Saudi Red Sea Authority announces RASA, a unified digital platform for - [Shipping’s transition being hampered by policy uncertainty](https://cyprusshippingnews.com/2026/09/30/shippings-transition-being-hampered-by-policy-uncertainty/): The shipping industry is at greater risk than ever of missing its 2030 zero-emission fuel targets, according to a new report. The latest edition of the 'Climate action in shipping: Progress towards shipping's 2030 breakthrough' report tracks the sector's advancement towards its climate target of having at least 5-10% of the fuel used in international - [MSI forecasts firm dry bulk market into 2027, driving further newbuilding orders](https://cyprusshippingnews.com/2026/09/30/msi-forecasts-firm-dry-bulk-market-into-2027-driving-further-newbuilding-orders/): Strong and volatile freight earnings are likely to continue into next year, supporting owners’ investment appetite in new tonnage Dry bulk vessel demand growth, underpinned by market disruptions has continued to outpace supply in 2026, creating exceptionally firm market balances that should carry forward into 2027. In its Q3 report ‘Excess All Areas’, MSI notes - [Star Information Systems welcomes NOZZLE to strengthen World-Leading Maritime Solutions](https://cyprusshippingnews.com/2026/09/30/star-information-systems-welcomes-nozzle-to-strengthen-world-leading-maritime-solutions/): Star Information Systems has announced the integration of NOZZLE, a prominent ship management software provider, into its portfolio. This strategic move marks a significant milestone in STAR’s clear ambition to become the leading maritime operations platform globally. The partnership brings together two highly complementary forces in maritime technology. STAR EAM brings extensive experience in managing - [KICKSTER FUELEU MARKETPLACE expands with an integrated EUAs request for quote funtionality](https://cyprusshippingnews.com/2026/09/30/kickster-fueleu-marketplace-expands-with-an-integrated-euas-request-for-quote-funtionality/): KICKSTER GROUP announces the integration of a new EU Allowance (EUA) Request-for-Quote (RFQ) service within the KICKSTER FUELEU MARKETPLACE, expanding the platform’s capabilities beyond FuelEU Maritime pooling and providing shipping companies with streamlined access to an additional element of their emissions compliance strategy. The new functionality, provided by a primary regulated intermediary, allows registered users to - [EdgeCortix unveils RAIDEN, a scalable, energy-efficient AI Chiplet Platform Purpose-Built for Physical AI](https://cyprusshippingnews.com/2026/09/30/edgecortix-unveils-raiden-a-scalable-energy-efficient-ai-chiplet-platform-purpose-built-for-physical-ai/): One energy-efficient architecture scales from a single die to the four-die RAIDEN X4 flagship, combining configurable power with up to 3.36 PFLOPS of FP4 AI Compute, 256 GB of memory, 1.54 TB/s die-to-die bandwidth, and up to 6.4 Tb/s chip-to-chip scale-out - with customer design wins already secured. KANAGAWA, Japan--(BUSINESS WIRE)--Physical AI has a system - [September 2026 Meeting: Port Houston advances Houston Ship Channel Planning and Export Growth](https://cyprusshippingnews.com/2026/09/30/september-2026-meeting-port-houston-advances-houston-ship-channel-planning-and-export-growth/): On Tuesday, September 22, the Port Commission of the Port of Houston Authority met for its regular monthly meeting, advancing initiatives to support the Houston Ship Channel, future cargo growth, and new opportunities for regional exporters. During opening remarks, Chairman Ric Campo highlighted the recent launch of Export Houston, a three-part program developed with the - [SES advances Satellite Manufacturing Facility in Luxembourg](https://cyprusshippingnews.com/2026/09/30/ses-advances-satellite-manufacturing-facility-in-luxembourg/): New facility marks a major milestone in SES' transformation and redefinition of traditional space industry models, designed to accelerate innovation, optimization of supply chain, and expansion of SES’s solutions portfolio LUXEMBOURG--(BUSINESS WIRE)--SES, a space solutions company, has commenced construction of a new satellite manufacturing facility in Kockelscheuer, Luxembourg, marking a major milestone in the company’s - [DORIC WEEKLY INSIGHT 25 SEPTEMBER 2026](https://cyprusshippingnews.com/2026/09/29/doric-weekly-insight-25-september-2026/): Please find below the DORIC Market Insight for the week ending 25thSeptember 2026. Weekly Report 25.09.2026 - [Glencore expected ASX secondary listing date](https://cyprusshippingnews.com/2026/09/30/glencore-expected-asx-secondary-listing-date/): Glencore has been notified by the Australian Securities Exchange that it has satisfied all substantive requirements to be admitted to the Official List of the ASX as a Foreign Exempt Listing. The expected first day of trading for Glencore’s CHESS Depositary Interests will be on Wednesday, 14 October 2026. Each Glencore CDI represents a beneficial - [Planet’s Pelican-12 Satellite arrives at launch site](https://cyprusshippingnews.com/2026/09/30/planets-pelican-12-satellite-arrives-at-launch-site/): Planet Labs PBC, a leading provider of daily data and insights about change on Earth, today announced that Pelican-12, an updated second generation (Gen 2) high resolution Pelican™, has arrived at the Cape Canaveral Space Force Station in Florida ahead of its launch aboard the upcoming Bandwagon-5 rideshare mission with SpaceX. Pelican-12 leverages key learnings - [China Thermal Coal Import Outlook and Indonesian Supply Assumptions](https://cyprusshippingnews.com/2026/09/23/china-thermal-coal-import-outlook-and-indonesian-supply-assumptions/): China thermal coal import outlook and Indonesian supply assumptions China’s coal import outlook spans softer buying through broadly sustained recent arrivals, but the effect on shipping will depend on which vessels carry the coal and where it is loaded. Panamax has held up better than Supramax in the first eight months of 2026. Its dependence - [India’s state LPG importers seek 2.75 million tons from U.S](https://cyprusshippingnews.com/2026/09/29/indias-state-lpg-importers-seek-2-75-million-tons-from-u-s/): Three Indian state-owned liquefied petroleum gas importers issued a joint tender on Friday for approximately 2.75 million metric tons of LPG from the United States for delivery in 2027, a Reuters report said. Indian Oil, Bharat Petroleum, and Hindustan Petroleum are requesting four very large gas carrier cargoes per month through the tender, the report - [IUMI launches Crew Wellbeing Checklist to strengthen marine risk assessment](https://cyprusshippingnews.com/2026/09/29/iumi-launches-crew-wellbeing-checklist-to-strengthen-marine-risk-assessment/): The International Union of Marine Insurance (IUMI) has today launched a Crew Wellbeing Checklist for Hull & Machinery insurers which is designed to complement their risk assessment process by focusing on the human element. Research increasingly demonstrates that crew wellbeing is not only a welfare issue but also an important business risk factor. As human - [BIFA National Conference 2026 puts the future of freight forwarding in focus](https://cyprusshippingnews.com/2026/09/30/bifa-national-conference-2026-puts-the-future-of-freight-forwarding-in-focus/): The British International Freight Association (BIFA) brought the freight forwarding community together for its National Conference 2026 Two days of discussion focused on the major forces reshaping international trade and logistics. Held on 23 and 24 September at The Slate in Warwick, the conference was driven by the theme ‘Navigating a Shifting World’, bringing together - [Xeneta freight rates set to climb in early October](https://cyprusshippingnews.com/2026/09/29/xeneta-freight-rates-set-to-climb-in-early-october/): “For the high-flying spot rates from Far East to US East and West Coasts, we may just begin to see the end of that rising trend as we get into the first half of October. When comparing today’s spot rates to the level experienced on 1 July – shippers are paying on average $2,691 (+31%) - [DORIC MONTHLY BRAZIL BAROMETER SEPTEMBER 2026](https://cyprusshippingnews.com/2026/09/28/doric-monthly-brazil-barometer-september-2026/): Pls find below the DORIC MONTHLY - BRAZIL BAROMETER SEPTEMBER 2026 BRAZIL_BAROMETER_SEPTEMBER_2026 - [Havbryn named in Ålesund VARD-built stern trawler marks a new chapter for Havbryn AS](https://cyprusshippingnews.com/2026/09/30/havbryn-named-in-alesund-vard-built-stern-trawler-marks-a-new-chapter-for-havbryn-as/): VARD, a subsidiary of the Fincantieri Group and one of the major global designers and shipbuilders of specialized vessels, is happy to announce that Havbryn, the new advanced stern trawler for Havbryn AS and operator Strand Rederi, was officially named today at the shipowner’s home port in Ålesund. Milla Louise Strand Follestad served as Godmother - [Seabourn invites travellers to explore the Mediterranean and beyond with limited time special offer](https://cyprusshippingnews.com/2026/09/29/seabourn-invites-travellers-to-explore-the-mediterranean-and-beyond-with-limited-time-special-offer/): "Explore Beyond Event" offers up to $2,000 USD Shipboard Credit per suite on select sailings in 2026 through 2029 Seabourn is encouraging travelers to plan their next voyage of exploration with the launch of the new "Explore Beyond Event," a limited-time offer providing up to $2,000 USD in Shipboard Credit per suite on select sailings in - [T-Mobile adds new AI-powered intelligence and resilience to make its 5G network even stronger](https://cyprusshippingnews.com/2026/09/29/t-mobile-adds-new-ai-powered-intelligence-and-resilience-to-make-its-5g-network-even-stronger/): Investments in new AI-powered automation, including AutoPilot capabilities and the nationwide expansion of Dynamic CX, help T-Mobile’s 5G network respond faster, maintain availability longer and adapt when it matters most This National Preparedness Month, T-Mobile is launching new AI-powered AutoPilot capabilities and expanding Dynamic CX nationwide to make America’s best 5G network even stronger, smarter - [Planet announces Amazon.ia a new tool that combines satellite data, science and AI to protect the Amazon](https://cyprusshippingnews.com/2026/09/29/planet-announces-amazon-ia-a-new-tool-that-combines-satellite-data-science-and-ai-to-protect-the-amazon/): Planet Labs PBC , a leading provider of daily data and insights about change on Earth, announced the launch of Amazon.ia - Inteligencia Ambiental, an ambitious multi-partner initiative dedicated to producing timely, actionable intelligence on biodiversity to drive effective conservation and restoration across the Amazon. The initiative is supported by many partners, including Planet and the - [Pacifico Energy secures Sea Survey License for 1.3 GW Nam Trung Bo 3 Offshore Wind Project in Lam Dong Province, Vietnam](https://cyprusshippingnews.com/2026/09/29/pacifico-energy-secures-sea-survey-license-for-1-3-gw-nam-trung-bo-3-offshore-wind-project-in-lam-dong-province-vietnam/): Pacifico Energy Vietnam , the Vietnam-based development platform of Pacifico Energy Group, a leading global energy infrastructure developer, announced that it has received sea survey license approval from Vietnam’s Ministry of Agriculture and Environment for development of the up to 1,300 MW Nam Trung Bo 3 offshore energy infrastructure and marine technology project in Lam - [Envision Energy unveils EN-252/16.7 Offshore Wind Turbine to deliver high performance and reliability in high-wind environments](https://cyprusshippingnews.com/2026/09/29/envision-energy-unveils-en-252-16-7-offshore-wind-turbine-to-deliver-high-performance-and-reliability-in-high-wind-environments/): Envision Energy, a global leader in green technology, launched the EN-252/16.7, its next-generation offshore wind turbine developed for high-wind environments and tailored to the requirements of international offshore markets. With 16.7 MW rated power, a high-performance rotor and an integrated powertrain, the new turbine is designed to deliver higher energy production, greater reliability and increased - [Marea Scale Models launches in the UK, using AI-assisted design to accelerate ship model production without compromising craftsmanship](https://cyprusshippingnews.com/2026/09/29/marea-scale-models-launches-in-the-uk-using-ai-assisted-design-to-accelerate-ship-model-production-without-compromising-craftsmanship/): New UK-based maritime model-maker uses proprietary AI-assisted design process, Ai Refloat™, to tackle scaling challenges and reduce production time while preserving traditional detail and craftsmanship. Marea Scale Models has launched in the UK, bringing its proprietary AI-assisted design process, Ai Refloat™, to the European maritime market. The process has been developed to produce highly detailed - [WindEnergy Hamburg International wind energy sector pursues growth trajectory despite challenges](https://cyprusshippingnews.com/2026/09/29/windenergy-hamburg-international-wind-energy-sector-pursues-growth-trajectory-despite-challenges/): Driving the wind energy transition together: at WindEnergy Hamburg, the onshore and offshore wind industry’s global players affirmed their commitment to advancing the transformation. The focus was on the political, economic and technological conditions needed for climate-friendly and resilient energy systems. This year’s expo has set new standards in terms of information density and international - [Lloyd's Register launches new guidance to support consistency in yacht load line compliance](https://cyprusshippingnews.com/2026/09/29/lloyds-register-launches-new-guidance-to-support-consistency-in-yacht-load-line-compliance/): New Guidance Note aims to bring greater consistency to the application of load line requirements as yacht designs become larger and more complex. Lloyd's Register has published a new Guidance Note for Load Line to Yachts, providing practical recommendations to support the consistent application of load line requirements across the sector. Launched at the Monaco - [KME & KMSM Family Day 2026 held in Singapore](https://cyprusshippingnews.com/2026/09/29/kme-kmsm-family-day-2026-held-in-singapore/): Promoting Business Understanding and Employee Engagement Through Interaction Between Employees and Their Families K LINE MARINE & ENERGY a commercial and maritime/safety management hub for the energy resource transportation business, and K MARINE SHIP MANAGEMENT , a ship management company responsible for ship management and crew manning, both Singapore-based group companies of Kawasaki Kisen Kaisha, - [Vantris Energy secures RM1.8 billion of additional T&I work in Malaysia, strengthening order book and execution momentum](https://cyprusshippingnews.com/2026/09/29/vantris-energy-secures-rm1-8-billion-of-additional-ti-work-in-malaysia-strengthening-order-book-and-execution-momentum/): Vantris Energy Berhad announced that its Engineering & Construction segment has secured two work orders from PETRONAS Carigali , and PTTEP HK Offshore Limited and PTTEP Sarawak Oil Limited for the provision of offshore transportation and installation services in Malaysia. The work orders were awarded to VTEB Offshore Sdn Bhd (formerly known as Sapura Offshore - [Birdon MUSV Construction](https://cyprusshippingnews.com/2026/09/29/birdon-musv-construction/): Birdon has begun construction of the first tranche of its Medium Unmanned Surface Vessel at C&C Marine & Repair’s shipyard. The milestone advances the program’s production-ready approach to autonomous maritime capability. The build combines C&C Marine’s vessel production expertise, Mythos AI’s deployed autonomy, and Birdon’s prime contractor leadership, design authority, and systems integration capability. "Starting - [National Audubon Society’s first fully electric passenger boat launches at Hog Island](https://cyprusshippingnews.com/2026/09/29/national-audubon-societys-first-fully-electric-passenger-boat-launches-at-hog-island/): Partnership Expands the Applications of Electric Propulsion to Strengthen Coastal Resilience A new electric-powered boat at Hog Island Audubon Camp is putting coastal resilience into practice, demonstrating how clean energy can support the people, organizations, and ecosystems that make Maine’s coast thrive. This vessel is the first fully electric passenger boat in National Audubon Society’s - [Konecranes sets new long-term climate ambition that supports its customer industries’ decarbonization efforts](https://cyprusshippingnews.com/2026/09/29/konecranes-sets-new-long-term-climate-ambition-that-supports-its-customer-industries-decarbonization-efforts/): Konecranes commits to a long-term climate ambition to complement its recently upgraded near-term science-based targets. The company aims to reduce its absolute Scope 1, 2 and 3 greenhouse gas emissions 90% by 2050 from base year 2019. The new long-term ambition builds on the company’s current near-term climate targets to reduce absolute greenhouse gas emissions - [MACN welcomes its first classification society members ABS, DNV and RINA](https://cyprusshippingnews.com/2026/09/29/macn-welcomes-its-first-classification-society-members-abs-dnv-and-rina/): The Maritime Anti-Corruption Network expands its membership to classification societies, strengthening collective action and integrity across the maritime value chain. At its General Assembly on 30 April 2026, members of the Maritime Anti-Corruption Network voted in favor of opening MACN membership to classification societies. Following this decision, MACN is pleased to welcome ABS, DNV, and - [Offshore wind industry must embrace energy efficiency in battery-first service vessels](https://cyprusshippingnews.com/2026/09/29/offshore-wind-industry-must-embrace-energy-efficiency-in-battery-first-service-vessels/): A battery-first design uses highly efficient onboard dual-fuel generators to charge batteries that provide power and propulsion for an entire eCSOV. • Fuel consumption of the vessel’s gen-sets can be around 40% less than that of a traditional CSOV using internal combustion engines for power and propulsion, reducing operator exposure to volatile fuel prices and - [Nor-Shipping 2027 thought Leader Jennifer Jordan-Saifi, CEO, Sustainable Markets Initiative](https://cyprusshippingnews.com/2026/09/29/nor-shipping-2027-thought-leader-jennifer-jordan-saifi-ceo-sustainable-markets-initiative/): If not now, when? Jennifer Jordan-Saifi on the drive to decarbonise shipping As head of King Charles III’s Sustainable Markets Initiative, Jennifer Jordan-Saifi is at the very tip of the spear when it comes to fighting for climate progress, while battling scepticism, short-termism and political inertia. In an increasingly fractured world, how does she envision - [Goltens Dubai selected as distributor for Woodward products in Mideast and Africa](https://cyprusshippingnews.com/2026/09/29/goltens-dubai-selected-as-distributor-for-woodward-products-in-mideast-and-africa/): Goltens Company, Dubai Branch has been selected as an authorized distributor for Woodward and Woodward L'Orange-branded products. Woodward is a global leader in controls solutions for aerospace and industrial applications, serving regions in the Middle East and Africa. The agreement expands the long relationship between US-based Woodward, Inc and Goltens, combining Woodward’s advanced fuel-injection technology - [Princess Cruises invites Guests to celebrate the Holidays at Sea](https://cyprusshippingnews.com/2026/09/28/princess-cruises-invites-guests-to-celebrate-the-holidays-at-sea/): Festive Sailings to Hawaii, the Caribbean, Mexico and Panama Canal Offer a Magical Way to Commemorate the Season Princess Cruises is making spirits bright this holiday season with a collection of festive sailings designed to bring families and friends together in spectacular destinations. With voyages spanning Hawaii, the Caribbean, Mexico and the Panama Canal, guests can trade - [Interferry: Unlock the Full Electrification Potential Through EU ETS](https://cyprusshippingnews.com/2026/09/28/interferry-unlock-the-full-electrification-potential-through-eu-ets/): Interferry, the global trade association representing the ferry industry, has welcomed the European Commission’s proposed revision of the EU Emissions Trading System (EU ETS). The association says the proposal has significant potential to accelerate maritime decarbonization, provided the final text secures accessible onshore power infrastructure and reliable grid connections through Member State obligations and more - [Trump to consider diesel export restrictions amid political pressure](https://cyprusshippingnews.com/2026/09/28/trump-to-consider-diesel-export-restrictions-amid-political-pressure/): US President Donald Trump and US Secretary of the Treasury Scott Bessent said the administration was considering restricting diesel exports amid surging pump prices, following days of increasing political pressure from fellow Republicans. At an appearance alongside Ukrainian President Volodymyr Zelensky at the United Nations on Sept. 22, Trump responded to a reporter’s question about - [Crude Oil Inventories Surge, Defying Market Expectations](https://cyprusshippingnews.com/2026/09/28/crude-oil-inventories-surge-defying-market-expectations/): The Energy Information Administration (EIA) has reported a significant increase in U.S. crude oil inventories, a development that caught market participants by surprise. The latest data reveals an actual increase of 2.969 million barrels in crude oil inventories. This figure starkly contrasts with the market’s forecasted decline of 0.700 million barrels, signaling an unexpected buildup. - [European countries urge for joint policy action to tackle soaring oil prices](https://cyprusshippingnews.com/2026/09/28/european-countries-urge-for-joint-policy-action-to-tackle-soaring-oil-prices/): European leaders have called for joint policy action, including relaxed fuel quality standards and revised biofuels regulations, to help bring fuel costs down from record highs ahead of the peak winter demand season. Since the latest flare-up in the Middle East conflict, Europe has seen fuel costs set fresh record highs, sparking concerns over affordability - [Accelleron secures projects involving more than 100 ACCX300-L turbochargers](https://cyprusshippingnews.com/2026/09/28/accelleron-secures-projects-involving-more-than-100-accx300-l-turbochargers/): More than 100 turbochargers selected in the first four months following commercial launch ACCX300-L included in major two-stroke engine designers' configurators Two frame sizes, cartridge concept and digital capability enable more flexible operations and more predictable lifecycle costs Accelleron has secured projects involving more than 100 ACCX300-L low-speed turbochargers in the first four months following - [PETRONAS invests in future talent through Education Sponsorship](https://cyprusshippingnews.com/2026/09/25/petronas-invests-in-future-talent-through-education-sponsorship/): PETRONAS welcomed more than 600 outstanding young Malaysians as recipients of its flagship PETRONAS Powering Knowledge Education Sponsorship programme, reaffirming its long-standing commitment to empowering the next generation through access to education and opportunities to build meaningful careers. Comprising high-achieving Sijil Pelajaran Malaysia 2025 leavers from diverse backgrounds across the country, the scholars were selected - [New LNG carrier for Petronas LNG “Puteri Kelantan” delivered](https://cyprusshippingnews.com/2026/09/25/new-lng-carrier-for-petronas-lng-puteri-kelantan-delivered/): Kawasaki Kisen Kaisha, is pleased to announce that Puteri Kelantan, a liquefied natural gas carrier newly built for Petronas LNG was delivered on September 24, 2026 at Hudong-Zhonghua Shipbuilding in China (Shipyard). The vessel is owned by a joint venture company led by “K” LINE. The vessel is of the same type as the two - [Will Germany have enough gas this winter?](https://cyprusshippingnews.com/2026/09/28/will-germany-have-enough-gas-this-winter/): As of mid-September 2026, Germany had stored just about 141 terawatt-hours of gas, accounting for around 57% of the country’s total storage capacity. Last winter just under 134 terawatt-hours of gas were withdrawn from storage, according to the Federal Network Agency, the agency that monitors the country’s electricity and gas networks. At first glance, the - [World Maritime Day 2026 from Policy to Practice - powering Maritime Excellence](https://cyprusshippingnews.com/2026/09/25/world-maritime-day-2026-from-policy-to-practice-powering-maritime-excellence/): Global regulations will deliver safer, more resilient shipping when they are implemented worldwide. The international maritime community marks World Maritime Day on 24 September as shipping faces the direct impacts of wider geopolitical tensions and conflict. Merchant ships have been attacked in multiple conflict zones – from the Strait of Hormuz to the Black Sea - [Global Flag State Ranking 2026 who is up, who is down](https://cyprusshippingnews.com/2026/09/28/global-flag-state-ranking-2026-who-is-up-who-is-down/): Lorrendraaier publishes Global Flag State Ranking 2026: 148 flags measured on objective data, Singapore leads, Pakistan falls 35 places, the Dutch flag holds green at 22nd Maritime services firm Lorrendraaier has published the 2026 edition of its Global Flag State Ranking, an independent assessment of 148 flag states based entirely on publicly verifiable data covering - [ISLAND OIL: Unveiling of the Sculpture “Cyprus’s Journey Through the Ages” in Protaras – A Tribute and Landmark to Cyprus’s Historical Memory and Cultural Heritage](https://cyprusshippingnews.com/2026/09/25/unveiling-of-the-sculpture-cypruss-journey-through-the-ages-in-protaras-a-tribute-and-landmark-to-cypruss-historical-memory-and-cultural-heritage/): In a modest ceremony marked by a moving atmosphere, the sculpture “Cyprus’s Journey Through the Ages”, created by acclaimed Cypriot sculptor Philippos Yiapanis, was unveiled on Saturday, 19 September 2026, on the Protaras coastal promenade in the “Xistaria” area. The artwork, which has already been presented in Salamina, Attica, depicts Cyprus’s centuries-long journey and highlights - [Maritime Coastguard Agency celebrates World Maritime Day 2026](https://cyprusshippingnews.com/2026/09/29/maritime-coastguard-agency-celebrates-world-maritime-day-2026/): Transport Secretary Heidi Alexander has written to the International Maritime Organization on World Maritime Day. On Thursday 24 September, International Maritime Organization member states will come together to celebrate World Maritime Day 2026. First celebrated in 1978, the important date provides an opportunity to recognise and celebrate the role and contribution of seafarers and the - [Paracel Carbon Forestry Project verifies first carbon removal credits](https://cyprusshippingnews.com/2026/09/29/paracel-carbon-forestry-project-verifies-first-carbon-removal-credits/): Paracel, a large-scale carbon removals project in Paraguay backed by Trafigura, has verified its first carbon removal credits, totalling over 190,000 tonnes. The Paracel project combines ecosystem conservation with FSC-certified sustainable forestry activities, and is designed to remove carbon at-scale and conserve local biodiversity in-line with IFC Performance Standards. The credits are verified under Verra's - [When the Levee Breaks](https://cyprusshippingnews.com/2026/09/29/when-the-levee-breaks/): The weakest June for Chinese crude imports in a decade did not cost a single barrel of throughput. Imports fell 41.3% on the year, runs held above 12.4 mb/d, and product exports went up. The difference came out of the tanks. At the draw rate of the last four months, what is left of this - [Dijvler enters sea-going vessel market with new winch programme and multiple orders](https://cyprusshippingnews.com/2026/09/28/dijvler-enters-sea-going-vessel-market-with-new-winch-programme-and-multiple-orders/): Dutch manufacturer acquires C-Nautical designs and certifications, bringing back a European alternative, proven by its first contracts with Damen and Briese Schiffahrt Dijvler, a Dutch specialist in anchor and mooring winches with nearly 50 years of experience in inland waterway vessels, is expanding into the sea-going vessel segment. The company has acquired the rights, designs, - [SEA.AI and The Carlisle & Finch bring AI to light](https://cyprusshippingnews.com/2026/09/29/sea-ai-and-the-carlisle-finch-bring-ai-to-light/): New Sentry-SmartVIEW integration enables a searchlight to lock onto and follow a target detected by SEA.AI, from a person overboard to a vessel of interest, while the crew focuses on the response. SEA.AI and The Carlisle & Finch Co. will present the integrated solution at the 2026 NMEA Conference & Expo. "Detection only matters if - [How Certified Conformance closes the gap that adoption leaves open](https://cyprusshippingnews.com/2026/09/28/how-certified-conformance-closes-the-gap-that-adoption-leaves-open/): Two companies can both say they have adopted the same digital standard. They may use the same API name, the same version number and the same technical specification. Yet when their systems exchange data, things can still fail to line up.Take a real example from the booking process: the expected departure date. In an end-to-end - [Global disruption puts resilience of maritime trade in focus, says DP World](https://cyprusshippingnews.com/2026/09/29/global-disruption-puts-resilience-of-maritime-trade-in-focus-says-dp-world/): New Marine Services whitepaper launched for World Maritime Day examines how geopolitical disruption, climate pressures and shifting manufacturing are redrawing global trade. More than 80% of world merchandise trade by volume is transported by sea. The networks carrying an estimated $14 trillion worth of containerised goods are being tested by geopolitical disruption, climate pressures and - [UAB-Online and Dropboard bring berth planning into the operational workflow](https://cyprusshippingnews.com/2026/09/28/uab-online-and-dropboard-bring-berth-planning-into-the-operational-workflow/): UAB-Online, the cloud platform for digital collaboration in dry and liquid bulk logistics, and Dropboard, the planning and scheduling platform developed by Systems Navigator, are deepening their integration to help terminals connect berth planning with day to day port call coordination. Many terminals still manage berth planning in spreadsheets, whiteboards or separate planning tools. These - [OCEAN at 50 celebrating a proud past and Maritime Future](https://cyprusshippingnews.com/2026/09/28/ocean-at-50-celebrating-a-proud-past-and-maritime-future/): OCEAN, the European sub-committee of ISSA, celebrated half a century of service to Europe’s ship supply sector with a landmark anniversary conference and reception in Brussels on Thursday, 17 September 2026. The event, held at The Merode in the heart of the Belgian capital, brought together senior figures from ship supply, customs, logistics, ports and - [Trelleborg showcases complementary industrial hose and sealing solutions for manufacturing at Alihankinta](https://cyprusshippingnews.com/2026/09/28/trelleborg-showcases-complementary-industrial-hose-and-sealing-solutions-for-manufacturing-at-alihankinta/): Trelleborg presents a combined showcase of industrial hose and sealing solutions for manufacturing at Alihankinta 2026. Visitors can meet experts from Trelleborg Fluid Handling Solutions and Trelleborg Sealing Solutions at stand C926 at the Tampere Sports and Exhibition Center in Finland from 29 September to 1 October. As Northern Europe's largest industrial trade fair, Alihankinta - [SS&C Technologies Unveils Portfolio of AI-Enabled Enhancements; Debuts Six-Part Agentic Blueprint Docuseries at SS&C Deliver](https://cyprusshippingnews.com/2026/09/28/ss-debuts-six-part-agentic-blueprint-docuseries-at-ssc-deliver/): New AI-enabled solutions and enhancements roll out across SS&C’s financial services and healthcare businesses, alongside a six-part docuseries on the company’s own agentic AI transformation SS&C Technologies Holdings, Inc. unveiled a suite of next-generation solutions at its annual SS&C Deliver 2026 conference. More than 1,100 leaders from the financial services and healthcare industries gathered in - [Semtech and Palo Alto Networks Secure Industrial IoT with Zero Trust](https://cyprusshippingnews.com/2026/09/28/semtech-and-palo-alto-networks-secure-industrial-iot-with-zero-trust/): Semtech AirLink networking solutions and Palo Alto Networks Next-Generation Firewalls deliver automated, edge-to-core protection for utilities and critical infrastructure operators Semtech Corporation, a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things (“IoT”) devices worldwide, today announced it has completed a product integration with Palo Alto Networks Next-Generation - [Particle M635e achieves Skylo Certification for Satellite IoT Connectivity](https://cyprusshippingnews.com/2026/09/28/particle-m635e-achieves-skylo-certification-for-satellite-iot-connectivity/): The first Particle device with cellular, Wi-Fi and satellite NTN connectivity, helping global IoT deployments stay connected beyond terrestrial network coverage Particle by Digi, a division of Digi International, today announced that Particle M635e has achieved Skylo certification, giving IoT developers and enterprises a validated path to extend connected IoT solutions beyond the reach of - [DFO SELECTS VARD TO DELIVER NEXT-GENERATION COMMISSIONING SERVICE OPERATION VESSEL](https://cyprusshippingnews.com/2026/09/28/dfo-selects-vard-to-deliver-next-generation-commissioning-service-operation-vessel/): VARD, one of the world’s leading designers and shipbuilders of specialized vessels and part of the Fincantieri Group, is proud to announce a new contract with Taiwan-based Dong Fang Offshore (DFO) for the design and construction of a state-of-the-art Commissioning Service Operation vessel. Developed from the VARD 4 39 design, the vessel will further strengthen - [Steel flows face fresh challenges in the final quarter of 2026](https://cyprusshippingnews.com/2026/09/28/steel-flows-face-fresh-challenges-in-the-final-quarter-of-2026/): Steel flows slip into negative growth in July 2026 Global steel flows fall 1% y/y in July 2026 to reach 22.2 Mt. China’s share of global steel flows rises from 41.6% in July 2025 to 45.7% in July 2026, driven by a 9.1% increase in exports. Flows from the World Ex. China fell by 7.9%, - [Insurance must shift “from repair to prevention”, says IUMI](https://cyprusshippingnews.com/2026/09/28/insurance-must-shift-from-repair-to-prevention-says-iumi/): Marine insurers will need to place greater emphasis on loss prevention as risks become more complex and costly to insure, according to Pascal Dubois, Chair of the International Union of Marine Insurance (IUMI) Loss Prevention Committee. Speaking at the IUMI Annual Conference in Rotterdam today, Dubois highlighted what he sees as a broader shift across - [BIMCO's Container Shipping Market Overview & Outlook September 2026 is out](https://cyprusshippingnews.com/2026/09/28/bimcos-container-shipping-market-overview-outlook-september-2026-is-out/): Container Shipping Market Overview & Outlook Supply pressure is mounting "Disruptions and strong growth in head-haul trades continue to support the container shipping market in 2026, but accelerating fleet growth could weaken the supply/demand balance in 2027,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO. BIMCO continues to forecast two scenarios. The “SoH Closed” scenario assumes that - [New Baltic Handysize futures contracts now listed on SGX and EEX](https://cyprusshippingnews.com/2026/09/28/new-baltic-handysize-futures-contracts-now-listed-on-sgx-and-eex/): Baltic Exchange announced that both SGX and European Energy Exchange (EEX) are now offering new Baltic Handysize futures contracts, providing market participants with dedicated tools to manage their exposure to the Atlantic and Pacific Handysize basin. The new freight forward agreements (FFAs) are two baskets of Baltic Exchange’s handysize timecharter averages made from four Atlantic - [Record diesel prices put US policy options in focus](https://cyprusshippingnews.com/2026/09/28/record-diesel-prices-put-us-policy-options-in-focus/): Record-high diesel prices and tight inventories have put US exports under scrutiny, but keeping more barrels at home may offer only temporary relief. With refiners already running near capacity and strong global margins pulling US diesel overseas, export restrictions could support domestic inventories while weakening refinery economics. From a full ban to quotas and regulatory - [Van Oord unveils names of next-generation flexible fallpipe vessels](https://cyprusshippingnews.com/2026/09/28/van-oord-unveils-names-of-next-generation-flexible-fallpipe-vessels/): During WindEnergy Hamburg, Van Oord officially revealed the names of its two next-generation flexible fallpipe vessels: Vindnes and Vestnes. Scheduled for delivery in 2028 and 2029, the purpose-built vessels will strengthen Van Oord's subsea rock installation capabilities and support the continued growth of offshore wind, interconnector and critical energy infrastructure projects worldwide. As offshore wind - [Ferretti Group sets the Monaco Yacht Show alight with three premieres Riva 54Metri, CRN 67m Amor à Vida and Custom Line Navetta 35](https://cyprusshippingnews.com/2026/09/28/ferretti-group-sets-the-monaco-yacht-show-alight-with-three-premieres-riva-54metri-crn-67m-amor-a-vida-and-custom-line-navetta-35-2/): Ferretti Group arrives at the Monaco Yacht Show with a fleet that showcases the variety and quality of its offering in the world of high-end yachting. Eight yachts from the Riva, CRN, Pershing, Custom Line and Wally brands will take centre stage at Port Hercule, with three premieres that perfectly express the Group’s capacity for - [Regent Seven Seas Cruises® expands Motorsport Lab Collaboration with Exclusive 2027 European Land Programs](https://cyprusshippingnews.com/2026/09/25/regent-seven-seas-cruises-expands-motorsport-lab-collaboration-with-exclusive-2027-european-land-programs/): Regent Seven Seas Cruises®, the world’s leading ultra-luxury cruise line, has expanded its collaboration with Motorsport Lab to introduce four exclusive pre- and post-cruise programs across seven European voyages in 2027. Designed for automotive enthusiasts and travelers seeking immersive destination experiences, the new collection invites guests to partake in the celebrated motoring cultures of Barcelona, - [Fraser named No. 1 Yacht Charter company in the Zoe Report Readers's Choice Awards](https://cyprusshippingnews.com/2026/09/25/fraser-named-no-1-yacht-charter-company-in-the-zoe-report-readerss-choice-awards/): WINNER – BEST YACHT CHARTER COMPANY The Zoe Report Readers’ Choice Award for Best Yacht Charter Company of 2026 goes to Fraser. The recognition celebrates Fraser’s exceptional service, expertly curated itineraries, and access to some of the world’s most spectacular coastlines. Fraser is proud to be recognized by The Zoe Report’s readers and grateful to - [Ferretti Group sets the Monaco Yacht Show alight with three premieres Riva 54Metri, CRN 67m Amor à Vida and Custom Line Navetta 35](https://cyprusshippingnews.com/2026/09/25/ferretti-group-sets-the-monaco-yacht-show-alight-with-three-premieres-riva-54metri-crn-67m-amor-a-vida-and-custom-line-navetta-35/): Ferretti Group arrives at the Monaco Yacht Show with a fleet that showcases the variety and quality of its offering in the world of high-end yachting. Eight yachts from the Riva, CRN, Pershing, Custom Line and Wally brands will take centre stage at Port Hercule, with three premieres that perfectly express the Group’s capacity for - [SSC Space and Airbus expand cooperation on Pléiades Neo and the new Pléiades Neo Next](https://cyprusshippingnews.com/2026/09/25/ssc-space-and-airbus-expand-cooperation-on-pleiades-neo-and-the-new-pleiades-neo-next/): SSC Space has signed a contract with Airbus Defence and Space to provide extended ground station support for the Pléiades Neo mission and the new Pléiades Neo Next mission. SSC Space will serve as the prime ground segment provider for these two very-high-resolution Airbus Earth observation programs, using SSC Space ground stations at Esrange Space - [Earth observation satellites Copernicus Sentinel-3C and Earth Explorer FLEX successfully launched](https://cyprusshippingnews.com/2026/09/25/earth-observation-satellites-copernicus-sentinel-3c-and-earth-explorer-flex-successfully-launched/): Two satellites, one mission: protecting our planet The Copernicus Sentinel-3C and Earth Explorer FLEX satellites, for which Thales Alenia Space – the joint company between Thales (67%) and Leonardo (33%) – is prime contractor, were successfully launched aboard a Vega C launcher from Europe’s Spaceport in French Guiana. “I am delighted with the successful launch - [Navigator Gas Returns to PrimeServ for New Ethane Retrofits](https://cyprusshippingnews.com/2026/09/25/navigator-gas-returns-to-primeserv-for-new-ethane-retrofits/): Eight years of proven service prompt upgrading of two further vessels using Everllence’s trusted retrofit platform Everllence PrimeServ – Everllence’s after-sales division – has signed a contract with Navigator Gas, the liquefied-gas shipping company, for the conversion of two of its vessels to ethane-running. Both conversions are based on the eight years of service experience - [LR study points to 200,000m³ LNG carriers as viable next step for global LNG fleet renewal](https://cyprusshippingnews.com/2026/09/25/lr-study-points-to-200000m³-lng-carriers-as-viable-next-step-for-global-lng-fleet-renewal/): New analysis finds larger LNG carriers could deliver greater transport efficiency while retaining access to most key LNG terminals worldwide. Lloyd’s Register (LR) has identified 200,000m³ LNG carriers as a credible next step for global LNG fleet renewal, with new analysis showing that larger vessels could increase cargo capacity and reduce transportation costs without requiring - [IUMI elects Sean M. Dalton as President and says farewell to Frédéric Denèfle](https://cyprusshippingnews.com/2026/09/28/iumi-elects-sean-m-dalton-as-president-and-says-farewell-to-frederic-denefle/): The International Union of Marine Insurance (IUMI) has elected Sean M. Dalton as its new President. The election took place today at a meeting of the IUMI Council in Rotterdam, during the association’s annual conference. Dalton was the sole nominee and will formally take up the presidency at the close of this year’s conference. He - [Ocean hull market faces growing risk pressures despite global premium growth, reports IUMI](https://cyprusshippingnews.com/2026/09/25/ocean-hull-market-faces-growing-risk-pressures-despite-global-premium-growth-reports-iumi/): The global ocean hull insurance market is continuing to soften despite apparent growth in the overall premium base, according to Ilias P.Tsakiris, Chair of the Ocean Hull Committee speaking at the International Union of Marine Insurance (IUMI) annual conference in Rotterdam today. According to IUMI’s latest research, the global hull premium base reached USD 10.5 - [Quectel Builds on MediaTek Genio to Launch a Three Smart Module Lineup for On-Device AI](https://cyprusshippingnews.com/2026/09/25/quectel-builds-on-mediatek-genio-to-launch-a-three-smart-module-lineup-for-on-device-ai/): ANAHEIM, Calif.--(BUSINESS WIRE)--Quectel Wireless Solutions, a global end-to-end IoT solutions provider, today announces during Embedded World North America the launch of three new smart modules: the SH503FM, SH603FC and SH803FD. Built on MediaTek’s Genio platform, the trio brings octa-core processing and dedicated on-device AI acceleration to a broad range of connected products, without the cost - [Saildrone USVs Receive Danish Flag Registration for European Operations](https://cyprusshippingnews.com/2026/09/25/saildrone-usvs-receive-danish-flag-registration-for-european-operations/): Saildrone announced that the first four Saildrone Voyager USVs (unmanned surface vehicles) have been registered in Denmark and will operate under the Danish flag, marking the first time Saildrone USVs will operate under a national flag. The registration establishes a clear flag-state framework for Saildrone USVs operating internationally. Working together, Saildrone and the Danish Maritime - [DeepOcean and TFKable Group to develop integrated inter-array cable offering with cable-laying vessel](https://cyprusshippingnews.com/2026/09/25/deepocean-and-tfkable-group-to-develop-integrated-inter-array-cable-offering-with-cable-laying-vessel/): DeepOcean and the controlling entity of TFKable Group, comprising Tele-Fonika Kable, JDR Cable Systems and their affiliated and associated entities, have agreed to establish a joint venture focused on integrated engineering, procurement, construction and installation (EPCI) services for inter-array cable projects in the offshore wind sector. A newbuild, dedicated inter-array cable laying vessel is also - [Spire Global awarded $33.2 Million NOAA contract for Satellite Weather Data to enhance Weather Forecasting](https://cyprusshippingnews.com/2026/09/25/spire-global-awarded-33-2-million-noaa-contract-for-satellite-weather-data-to-enhance-weather-forecasting/): Two-year contract has a potential total value of approximately $66 million if all options are exercised Spire Global, Inc., a global provider of satellite data, analytics, and intelligence, was awarded a $33.2 million task order by the National Oceanic and Atmospheric Administration (NOAA) for a two-year period of performance beginning December 1, 2026, to December - [Perform.AI Launches AI Commerce Operating System](https://cyprusshippingnews.com/2026/09/25/perform-ai-launches-ai-commerce-operating-system-2/): Parcel Perform becomes Perform.AI for an industry where brands are chosen on how they perform, not how they market. Perform.AI launched the AI Commerce Operating System to do the job end-to-end—from merchants' being found to the parcel being delivered—on one system, and changed its name from Parcel Perform to match this ambition. Brands now have - [F/V MISTRESS Shipwreck ‘Lost’ Near Block Island Located After Seven Years](https://cyprusshippingnews.com/2026/09/28/f-v-mistress-shipwreck-lost-near-block-island-located-after-seven-years/): Green Oceans’ Underwater Investigation Reveals a Shipwreck Presumed to be the F/V Mistress found at the Base of Block Island Turbine #1 - Asks Federal Authorities to Reopen the Investigation and Review Whether Mariners Are Safe in Turbine Congested Waters More than seven years after the commercial fishing vessel F/V MISTRESS sank near Block Island, - [Cyprus Marine Club Welcomes a Full House for Aphentrica’s War Risks Presentation](https://cyprusshippingnews.com/2026/09/24/cyprus-marine-club-welcomes-a-full-house-for-aphentricas-war-risks-presentation/): The Cyprus Marine Club marked its return after the summer break with a full house at Gazebo Mare on Tuesday, 22 September, bringing together members, distinguished guests and friends of the maritime community for an evening of professional insights, discussions and networking. The highlight of the evening was a presentation entitled “The Mechanism of a - [WindEnergy Hamburg sending a strong signal for global energy security](https://cyprusshippingnews.com/2026/09/24/windenergy-hamburg-sending-a-strong-signal-for-global-energy-security/): Massive expansion of wind energy is the key to climate protection and resilience: this is the leitmotif of WindEnergy Hamburg which begins today. The world’s leading trade fair for the onshore and offshore wind energy sector brings together key players from business, politics and institutions to set the stage for dynamic growth in the industry. - [Hiab Unleashes Next-Level Productivity with the MOFFETT M8 NX2: 6,500 lb Powerhouse for North America](https://cyprusshippingnews.com/2026/09/25/hiab-unleashes-next-level-productivity-with-the-moffett-m8-nx2-6500-lb-powerhouse-for-north-america/): Higher Capacity, Same Compact Transport Weight, Delivering Unmatched Job Site Speed, Single-Side Offloading Efficiency, Lower Total Cost of Ownership HIAB CORPORATION | TRADE PRESS RELEASE | 23 SEPTEMBER 2026 AT 3:00 PM (EEST) DUNDALK, Ireland — Hiab, a global leader in smart and sustainable load handling solutions, has redefined fleet productivity across the United States - [From Policy to Practice: Why Seafarers Are the Key to Maritime Excellence](https://cyprusshippingnews.com/2026/09/25/from-policy-to-practice-why-seafarers-are-the-key-to-maritime-excellence/): The shipping industry is no stranger to regulation. Seafarers and ship operators work within a vast framework of international conventions, national legislation and company procedures designed to promote safety, efficiency and compliance across global fleets. In many respects, the challenge facing shipping today is not a lack of regulation, but ensuring that the standards already - [[xclusiv] S&P Report 21th September 2026](https://cyprusshippingnews.com/2026/09/25/xclusiv-sp-report-21th-september-2026-2/): Please find below the [xclusiv] latest Weekly S&P Report [xclusiv] 2026_09_21 Market Commentary: VLCCs: Freight Boom Reprices the Fleet The VLCC market has experienced a sharp repricing during 2026, with the most significant acceleration taking place since late July as exceptionally strong freight earnings have fed directly into secondhand values. While prices had already been moving - [Intermodal Report - Week 38 2026](https://cyprusshippingnews.com/2026/09/25/intermodal-report-week-38-2026/): Please find below the Intermodal market report for week 38 2026. Intermodal Report Week 38 2026 Market Insight By Nikos Tagoulis, Head of Research Department China’s steel sector has returned to focus following the recent call by the China Iron and Steel Association (CISA) for domestic producers to curb output. The move points to a growing - [Allied - Weekly Market Review - Week 38](https://cyprusshippingnews.com/2026/09/25/allied-weekly-market-review-week-38-4/): Please find below the Allied Weekly Report for Week 38 | 2026 ALLIED - Weekly Market Report- Week 38 - [V. welcomes its new graduate cohort as programme expands across the group](https://cyprusshippingnews.com/2026/09/25/v-welcomes-its-new-graduate-cohort-as-programme-expands-across-the-group/): Twelve graduates from nine nationalities join 11th year of V.’s expanded international management programme. V., the global ship manager and marine services provider, has welcomed one of its largest cohorts in the history of its international management programme, with 12 graduates from nine nationalities joining the business this month. Their arrival brings the total number - [Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for eight new VLGC vessels](https://cyprusshippingnews.com/2026/09/25/nord-gas-solutions-awarded-contract-for-cargo-handling-and-fuel-supply-systems-for-eight-new-vlgc-vessels/): Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for eight new 90,000 m³ Very Large Gas Carrier (VLGC) vessels ordered by BW LPG. The vessels will be constructed at HD Hyundai Mipo Dockyard (HD HM), marking the first time that VLGC vessels will be - [Offshore energy insurance market faces growing profitability pressures, reports IUMI](https://cyprusshippingnews.com/2026/09/25/offshore-energy-insurance-market-faces-growing-profitability-pressures-reports-iumi/): The global offshore energy insurance market remained challenging in 2025, with premium growth largely reflecting currency movements and changes in business mix rather than underlying market expansion, according to the International Union of Marine Insurance (IUMI). Speaking at IUMI’s annual conference in Rotterdam, Michele Cibrario, Chair of IUMI’s Offshore Energy Committee, reported that global offshore - [MSC Eurasia to offer Canary Islands Winter Sun escapes for 2027-28 Season](https://cyprusshippingnews.com/2026/09/24/msc-eurasia-to-offer-canary-islands-winter-sun-escapes-for-2027-28-season/): MSC Cruises announced that MSC Euribia will offer seven-night Canary Islands and Madeira cruises during the winter 2027-28 season, giving guests the opportunity to enjoy winter sunshine, explore six distinctive island destinations and experience one of the newest ships in the Company's fleet. The ship's deployment marks the fourth season of the popular programme and - [Royal Caribbean names retired U.S. Air Force Gen. Lori J. Robinson Godmother of Legend of the Seas](https://cyprusshippingnews.com/2026/09/24/royal-caribbean-names-retired-u-s-air-force-gen-lori-j-robinson-godmother-of-legend-of-the-seas/): The trailblazing leader will celebrate the U.S. arrival of the vacation brand’s newest Icon Class vacation this November during a Veterans Day naming ceremony in Fort Lauderdale, Florida Ahead of the boldest family vacation’s arrival to Fort Lauderdale, Royal Caribbean has named retired U.S. Air Force Gen. Lori J. Robinson as the official godmother of - [Holland America Line unveils New Beach Club and Food Pavilion at RelaxAway, Half Moon Cay](https://cyprusshippingnews.com/2026/09/24/holland-america-line-unveils-new-beach-club-and-food-pavilion-at-relaxaway-half-moon-cay/): Guests will experience enhancements on more than two dozen Caribbean itineraries in advance of RelaxAway, Half Moon Cay's 30th anniversary celebration in 2027 Key Highlights: Holland America Line is completing significant enhancements to its award-winning private island. New and upgraded amenities include an exclusive Beach Club with booking open in early October, a new food - [Korea’s LNG Carrier Edge Faces China’s Rise](https://cyprusshippingnews.com/2026/09/24/koreas-lng-carrier-edge-faces-chinas-rise/): Chinese Orders Recover This Year As Private Shipyards Move into LNG Carrier Construction While Industry Urges Korea to Strengthen Next-Generation Ship Technology Amid Rising Chinese Capacity China’s liquefied natural gas (LNG) carrier order volume, which faltered last year, is showing a recovery trend this year. In addition, as large private Chinese shipyards prepare to place - [International Marine Purchasing Association partners with Achilles Maritime Network, Supporting Greater Collaboration Across Maritime Supply Chains](https://cyprusshippingnews.com/2026/09/24/international-marine-purchasing-association-partners-with-achilles-maritime-network-supporting-greater-collaboration-across-maritime-supply-chains/): Achilles, a global leader in supply chain risk and performance management, are entering into a partnership with the International Marine Purchasing Association (“IMPA”). Established in 1978, IMPA is a leading global organisation for maritime purchasing and supply professionals. Representing more than 1,000 shipowners, ship managers, and maritime suppliers across over 90 countries, IMPA works to - [Saudi Arabia is running out of options to export oil. What does that mean for global energy?](https://cyprusshippingnews.com/2026/09/24/saudi-arabia-is-running-out-of-options-to-export-oil-what-does-that-mean-for-global-energy/): Saudi Arabia’s ability to export oil is under severe strain as disruptions affect its major maritime routes and a key crude pipeline, creating a bottleneck for global energy markets. The Strait of Hormuz, the most viable route for shipments from Saudi Arabia’s eastern ports such as Ras Tanura, has been effectively closed since late February, - [European gas slides; ECB warns of quicker inflation impact](https://cyprusshippingnews.com/2026/09/24/european-gas-slides-ecb-warns-of-quicker-inflation-impact/): European and British wholesale natural gas prices extended their downward march on Monday, dropping over 2% as growing evidence of maritime tankers securing alternative bypass routes around Persian Gulf choke points helped deflate extreme energy risk premia. The benchmark Dutch front-month TTF contract fell 2.5% to trade at 77.55 euros per megawatt-hour (MWh), building on - [Chief Economists Expect Global Economy to Stabilize, but Fiscal Constraints, Rising Living Costs and AI Investment Uncertainty Threaten Growth](https://cyprusshippingnews.com/2026/09/25/chief-economists-expect-global-economy-to-stabilize-but-fiscal-constraints-rising-living-costs-and-ai-investment-uncertainty-threaten-growth/): The global economy is stabilizing, but the fiscal support that cushioned successive shocks since 2020 is unlikely to play the same role in the year ahead, according to the World Economic Forum’s Chief Economists’ Outlook, published today. A majority (56%) of chief economists surveyed expect the global outlook to remain stable or improve, a sharp - [European natural gas stabilize from two-week lows; UN talks in focus](https://cyprusshippingnews.com/2026/09/24/european-natural-gas-stabilize-from-two-week-lows-un-talks-in-focus/): European and British wholesale natural gas futures rebounded on Tuesday, rising 1.6% each as energy desks locked in profits and recalibrated risk premia following a steep early-week sell-off driven by diplomatic headlines out of New York. The benchmark Dutch front-month TTF contract advanced 1.6% to trade around 78.80 euros per megawatt-hour (MWh), recovering from a - [India’s crude import bill rises 48% to $74.8 bn in Apr-Aug amid high costs](https://cyprusshippingnews.com/2026/09/24/indias-crude-import-bill-rises-48-to-74-8-bn-in-apr-aug-amid-high-costs/): India’s crude oil import bill rose 48.4 per cent year-on-year to $74.8 billion in April-August. Higher international prices drove the increase despite import volumes remaining nearly the same, according to data from the Petroleum Planning and Analysis Cell (PPAC). The country spent $24.4 billion more on crude during the first five months of FY27 than - [Saudi Aramco boosts crude loadings after pipeline disruption](https://cyprusshippingnews.com/2026/09/24/saudi-aramco-boosts-crude-loadings-after-pipeline-disruption/): Saudi Aramco loaded approximately 14 million barrels of crude oil on seven very large crude carriers inside the Mideast Gulf on Sunday, according to data from TankerTrackers.com. The increased activity follows an attack that disrupted shipments through the kingdom’s east-west pipeline to the Red Sea. The loadings indicate a partial recovery in Saudi shipments. Expectations - [JAN DE NUL orders new vessel to safely bury subsea cables in the seabed](https://cyprusshippingnews.com/2026/09/24/jan-de-nul-orders-new-vessel-to-safely-bury-subsea-cables-in-the-seabed/): Jan De Nul expands its fleet for the installation and protection of subsea energy cables. In March, the company already announced the order of the Isambard K. Brunel, a trenching support vessel specifically designed to safely bury cables in the seabed. The vessel will now be joined by a sister vessel, an exact copy that - [IUMI President - Marine insurers are war insurers](https://cyprusshippingnews.com/2026/09/24/iumi-president-marine-insurers-are-war-insurers/): Marine insurers are at the heart of managing war risks to global shipping and must continue to develop the tools needed to support and facilitate international trade in increasingly challenging conditions, according to IUMI President Frédéric Denèfle. Chairing the President’s Workshop at this week’s International Union of Marine Insurance (IUMI) conference in Rotterdam, Denèfle emphasised - [“ValenciaportPCS” launches a new feature to facilitate interaction between shippers and carriers](https://cyprusshippingnews.com/2026/09/23/valenciaportpcs-launches-a-new-feature-to-facilitate-interaction-between-shippers-and-carriers/): Valenciaport’s IT and telematics platform automates the generation of the Electronic Administrative Control Document (DeCA) based on the Unified Transport Document (DUT) The Port Authority of València has introduced a new update to its ValenciaportPCS platform, enabling users, since Octobre 5, to generate the Electronic Administrative Control Document, making it easier to comply with the new transport regulations in - [IMPA Events creates new partnership with Marketing in Maritime to deliver enhanced experience for delegates](https://cyprusshippingnews.com/2026/09/23/impa-events-creates-new-partnership-with-marketing-in-maritime-to-deliver-enhanced-experience-for-delegates/): IMPA Events and Marketing in Maritime have joined forces to deliver an enhanced delegate experience across the IMPA Events series, combining their communities to strengthen commercial impact and engagement. Launching at IMPA London 2026 this week, the Marketing in Maritime team is greeting exhibitors and visitors alike to begin shaping the partnership programme offering. With - [Grain in Focus US Soybean Sailings to China recover through September](https://cyprusshippingnews.com/2026/09/25/grain-in-focus-us-soybean-sailings-to-china-recover-through-september/): Grain in Focus - US Soybean Sailings to China Recover Through September US soybean sailings to China recovered in September, following the subdued activity discussed in our Week 32 spotlight. At that stage, stronger forward purchases had yet to be matched by a comparable increase in departures. Following the August pause, the seven-day moving average - [Marine insurance supply remains stable as geopolitical and technical changes reshape the market, says IUMI President](https://cyprusshippingnews.com/2026/09/24/marine-insurance-supply-remains-stable-as-geopolitical-and-technical-changes-reshape-the-market-says-iumi-president-2/): The global marine insurance market remains in a stable position, with premium growth strongly supported by a weak USD in hull and cargo. Meanwhile the sector is entering a period of significant change driven by geopolitics, new trade routes, digitalisation and the transition to a lower-carbon shipping industry. Opening the International Union of Marine Insurance - [The Swedish Club marks 25 years of Marine Insurance Course](https://cyprusshippingnews.com/2026/09/23/the-swedish-club-marks-25-years-of-marine-insurance-course/): More than 1,000 maritime professionals have participated in MIC as course continues to evolve alongside changing marine risks The Swedish Club has marked the 25th anniversary of its Marine Insurance Course, celebrating a programme that has brought together more than 1,000 maritime professionals to develop their marine insurance knowledge and share practical industry experience. This year's - [Dinner of the Cyprus Union of Shipowners in honour of the President of the Republic of Cyprus](https://cyprusshippingnews.com/2026/09/23/dinner-of-the-cyprus-union-of-shipowners-in-honour-of-the-president-of-the-republic-of-cyprus/): On the occasion of the Annual General Meeting of the Cyprus Union of Shipowners, held on Friday, 18 September 2026, at the Four Seasons Astir Palace Hotel in Athens, the Cyprus Union of Shipowners hosted its official dinner in honour of the President of the Republic of Cyprus, Mr. Nikos Christodoulides, in a particularly warm - [Navigating the Multi Fuel Future: Exclusive Interview with WinGD's Carmelo Cartalemi at SMM](https://cyprusshippingnews.com/2026/09/23/navigating-the-multi-fuel-future-exclusive-interview-with-wingds-carmelo-cartalemi-at-smm/): As the maritime industry faces mounting regulatory pressures from FuelEU Maritime and the urgent need to decarbonise, shipowners are navigating one of the most complex fleet renewal periods in history. During the recent SMM exhibition, Adonis Violaris of Cyprus Shipping News sat down with Carmelo Cartalemi, Head of Strategic Marketing at WinGD, to discuss how - [Semtech’s LoRa Plus LR2021 Transceiver Wins 2026 EDGE Award](https://cyprusshippingnews.com/2026/09/24/semtechs-lora-plus-lr2021-transceiver-wins-2026-edge-award/): Semtech Corporation, a leading provider of high-performance semiconductors powering AI data center networking and intelligent, connected Internet of Things devices worldwide, today announced its LoRa Plus™ LR2021 transceiver incorporating fourth-generation LoRa® IP was named a winner of the 2026 EDGE Award for Design Innovation. The EDGE Awards are presented by the Engineering Design & Automation - [Aeonsemi unveils Praxium™ Multi-Gigabit Ethernet PHYs for physical AI](https://cyprusshippingnews.com/2026/09/24/aeonsemi-unveils-praxium-multi-gigabit-ethernet-phys-for-physical-ai/): Ultra-compact, low-power 10G/5G/2.5G Ethernet PHY family brings standards-based connectivity and flexible cabling to robots, autonomous vehicles and intelligent machines Aeonsemi, a fabless semiconductor company specializing in Ethernet connectivity and timing technologies, announced the Praxium™ family of multi-gigabit Ethernet PHYs for Physical AI applications. Delivering data rates up to 10 Gbps in an ultra-compact 6 × 6 - [Durabook announces the Z14I-DX3 rugged mobile laptop, a triple-display, Workstation-class, Edge AI Laptop](https://cyprusshippingnews.com/2026/09/24/durabook-announces-the-z14i-dx3-rugged-mobile-laptop-a-triple-display-workstation-class-edge-ai-laptop/): Edge computing platform handles mission-critical information in one workspace to support situational awareness and informed decision-making in the field Durabook, the global rugged mobile solutions brand owned by Twinhead International Corporation, announced the Z14I-DX3 Rugged Mobile Laptop with three full HD displays integrated in a workstation-class, edge AI computing platform. The Z14I-DX3's three 14-inch full - [Perform.AI launches AI Commerce Operating System](https://cyprusshippingnews.com/2026/09/24/perform-ai-launches-ai-commerce-operating-system/): Parcel Perform becomes Perform.AI for an industry where brands are chosen on how they perform, not how they market. Perform.AI launched the AI Commerce Operating System to do the job end-to-end—from merchants' being found to the parcel being delivered—on one system, and changed its name from Parcel Perform to match this ambition. Brands now have - [H2SITE secures €3.4 Million NOK 39.1 million in Enova Funding to scale onboard ammonia-to-power for Commercial Maritime applications](https://cyprusshippingnews.com/2026/09/23/h2site-secures-e3-4-million-nok-39-1-million-in-enova-funding-to-scale-onboard-ammonia-to-power-for-commercial-maritime-applications/): The 700 kW system builds on H2SITE’s previous maritime deployments and is designed as a modular, replicable solution for auxiliary power onboard vessel. H2SITE has secured €3.4 million (NOK 39.1 million) in funding from Enova for HydraNord Power, a project that will develop and validate a commercial-scale onboard ammonia-to-power system for the maritime sector. Enova - [ESENTIA announces the execution of an agreement to aquire the Guadalajara-Manzanillo Natural Gas Pipeline System, connecting existing system to the Port of Manzanillo](https://cyprusshippingnews.com/2026/09/23/esentia-announces-the-execution-of-an-agreement-to-aquire-the-guadalajara-manzanillo-natural-gas-pipeline-system-connecting-existing-system-to-the-port-of-manzanillo/): ESENTIA Energy Development, S.A.B. de C.V. announced that it has entered into an agreement to acquire 100% of the equity interests of Energía Occidente de México, S. de R.L. de C.V. for a gross purchase price of US$400 million. EOM owns and operates the approximately 313-km Guadalajara-Manzanillo natural gas pipeline system (the "Guadalajara-Manzanillo System"). The - [Wah Kwong NatPower Partners with Aberdeen Restaurant Enterprises to support Hong Kong's Marine Electrification Journey](https://cyprusshippingnews.com/2026/09/24/wah-kwong-natpower-partners-with-aberdeen-restaurant-enterprises-to-support-hong-kongs-marine-electrification-journey/): Wah Kwong NatPower Limited has signed a Memorandum of Understanding with Aberdeen Restaurant Enterprises Limited to explore the electrification of piers, vessels and supporting energy infrastructure in the Aberdeen area of Hong Kong. Against the backdrop of the HKSAR Government’s latest policy direction to advance green shipping, smart port development and shore power infrastructure, WK - [Petrobras announces approval to join new economic subsidy program](https://cyprusshippingnews.com/2026/09/23/petrobras-announces-approval-to-join-new-economic-subsidy-program/): Petrobras announces that its Board of Directors, at a meeting held this Friday, September 18, approved the Company’s participation in the economic subsidy program for producers and importers of diesel fuel and its blending components, established by Provisional Measure No. 1,391, dated September 11, 2026. The Company’s participation will be governed by the applicable regulations, - [World’s first ship-to-ship ammonia bunkering to an ammonia-fueled vessel](https://cyprusshippingnews.com/2026/09/23/worlds-first-ship-to-ship-ammonia-bunkering-to-an-ammonia-fueled-vessel/): Demonstrating a Fuel-Supply Operation Essential for Deployment of Next-Generation Fueled Vessels NYK Line, with Japan Marine United Corporation, Nihon Shipyard Mitsubishi Gas Chemical Company, and Kokuka Sangyo has completed the world’s first ship-to-ship ammonia bunkering operation to an ammonia-fueled vessel on September 17. At a quay within Japan Marine United Corporation’s Ariake Shipyard, ammonia fuel - [Grimaldi takes delivery of the new car carrier Grande Egitto](https://cyprusshippingnews.com/2026/09/24/grimaldi-takes-delivery-of-the-new-car-carrier-grande-egitto/): Featuring exceptional capacity and environmental performance, the Group\'s fourteenth Ammonia Ready unit supports an increasingly efficient and sustainable service offering. With the arrival of the Grande Egitto, delivered today by China Merchants Heavy Industries Jiangsu, the Grimaldi Group\'s fleet of latest-generation PCTC (Pure Car & Truck Carrier) vessels expands further. For the Italian shipping group, - [Diana Shipping announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping](https://cyprusshippingnews.com/2026/09/25/diana-shipping-announces-time-charter-contract-for-m-v-dsi-polaris-with-dai-an-ocean-shipping/): Diana Shipping , a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Dai An Ocean Shipping Company Limited, for one of its Ultramax dry bulk vessels, the m/v DSI Polaris. The gross charter - [Record year on the Northeast Passage but Arctic shipping remains very limited](https://cyprusshippingnews.com/2026/09/25/record-year-on-the-northeast-passage-but-arctic-shipping-remains-very-limited/): In 2025, a record 103 transit voyages were made via the Northeast Passage. However, this is still equivalent to only around a day and a half of ship traffic around the Cape of Good Hope. The vast majority of traffic on the Northeast Passage is linked to Russia and China. As the ice melts in - [IUMI discusses greater focus on freight forwarding liability insurance](https://cyprusshippingnews.com/2026/09/28/iumi-discusses-greater-focus-on-freight-forwarding-liability-insurance/): At its annual conference in Rotterdam today, the International Union of Marine Insurance (IUMI) discussed whether freight forwarding liability insurance should become a greater focus of its work, recognising the increasingly important role freight forwarders play in managing global supply chain risks. Freight forwarding liability is an important subline of marine insurance but one that - [The UK ETS arrives for shipping what it means for charterers](https://cyprusshippingnews.com/2026/09/24/the-uk-ets-arrives-for-shipping-what-it-means-for-charterers/): Introduction The UK Emissions Trading Scheme (UK ETS) was extended to domestic maritime activity on 1 July 2026, following the EU ETS, FuelEU Maritime and IMO measures. Charterers and traders must keep these regimes separate in their planning and contracts. Charterers will not usually answer to the UK regulator, but the commercial burden may pass - [ABP Southampton invests locally with Marine Cranes to boost capability](https://cyprusshippingnews.com/2026/09/24/abp-southampton-invests-locally-with-marine-cranes-to-boost-capability/): Associated British Ports , the UK’s largest port operator, has invested a new marine deck crane aboard Spartina, one of the Port of Southampton’s operational workboats, strengthening the port’s marine capability and supporting safe, efficient operations across the harbour. A new HS.Marine AK 30 HE4 deck crane was supplied, installed and commissioned aboard Spartina by - [Marine cargo insurance market continues to soften, reports IUMI](https://cyprusshippingnews.com/2026/09/25/marine-cargo-insurance-market-continues-to-soften-reports-iumi/): 2025 global marine cargo insurance premium indicates that the cargo market softened in that year despite continued growth in the overall premium base, according to the International Union of Marine Insurance (IUMI). According to IUMI’s latest research, global cargo premiums reached USD 24.2 billion in 2025, representing a 6.9% increase on the previous year and - [Seafarer welfare is improving amongst leading companies, but five years of evidence shows this progress is far from the norm](https://cyprusshippingnews.com/2026/09/24/seafarer-welfare-is-improving-amongst-leading-companies-but-five-years-of-evidence-shows-this-progress-is-far-from-the-norm/): Five years on, the Seafarers’ Rights Code of Conduct is driving more than 1,000 companies to participate in RightShip’s Crew Welfare Self-Assessment, resulting in measurable change in crew welfare standards; For many crews those higher standards are not yet a daily reality, according to research among seafarers themselves; The next five years must be about - [BIMCO Shipping Number of the Week](https://cyprusshippingnews.com/2026/09/24/bimco-shipping-number-of-the-week-115/): Caribbean Basin crude oil and heavy product exports jump 45% “Seaborne exports of crude oil and heavy products from the Caribbean Basin have year-to-date increased by 234 million barrels year-on-year according to data from Signal Ocean. This is equal to an additional 880k barrels per day, and a 45% jump compared to 2025,“ says Niels - [xclusiv S&P Report 21th September 2026](https://cyprusshippingnews.com/2026/09/24/xclusiv-sp-report-21th-september-2026/): Pls find below the [xclusiv] S&P Report 21th September 2026 [xclusiv] 2026_09_21 - [INA Successfully starts up new delayed Coker Unit DCU at the Rijeka Refinery](https://cyprusshippingnews.com/2026/09/23/ina-successfully-starts-up-new-delayed-coker-unit-dcu-at-the-rijeka-refinery/): The refinery can now process heavier grades, broadening the pool of potential suppliers and further strengthening supply security DCU eliminates the need to import vacuum gas oil , while the same amount of crude oil is expected to yield up to 30% more diesel The project is valued at nearly EUR 700 million, part of - [IMO seeks feedback on Maritime Single Window implementation](https://cyprusshippingnews.com/2026/09/24/imo-seeks-feedback-on-maritime-single-window-implementation/): The International Maritime Organization (IMO) has launched a global survey to assess the implementation and use of Maritime Single Windows (MSWs), inviting feedback from organizations and individuals involved in maritime information exchange. What is a Maritime Single Window? A Maritime Single Window (MSW) is a centralised digital platform that enables the streamlined exchange of information - [Legendary Pete Tong brings Ibiza party to P&O Cruises with live music experience to Arvia](https://cyprusshippingnews.com/2026/09/23/legendary-pete-tong-brings-ibiza-party-to-po-cruises-with-live-music-experience-to-arvia/): P&O Cruises welcomed legendary DJ, broadcaster and global dance music pioneer Pete Tong MBE on board Arvia in Ibiza on Saturday (September 19) for an exclusive 90-minute DJ experience for guests in the ship’s SkyDome. The evening event took place while Arvia was docked at Botafoc Pier during a 14-night Western Mediterranean holiday, giving guests - [MSC Cruises takes centre stage as title sponsor of three 2027 Fia Formula One World Championship Grand Prix races](https://cyprusshippingnews.com/2026/09/23/msc-cruises-takes-centre-stage-as-title-sponsor-of-three-2027-fia-formula-one-world-championship-grand-prix-races/): MSC Cruises will be the Title Sponsor for three 2027 FIA Formula One World Championship™ Grand Prix races The races are FORMULA 1 MSC CRUISES BELGIAN GRAND PRIX 2027, FORMULA 1 MSC CRUISES TURKISH GRAND PRIX 2027 and FORMULA 1 MSC CRUISES GRANDE PRÊMIO DE PORTUGAL 2027 This is part of the Cruise Division of - [International Propeller Club of Norway announces Partnership with Höegh Autoliners](https://cyprusshippingnews.com/2026/09/23/international-propeller-club-of-norway-announces-partnership-with-hoegh-autoliners/): Partnership marked during the opening reception of New York High-Level Week and New York Climate Week The International Propeller Club of Norway is pleased to announce a new partnership with Höegh Autoliners, strengthening the Club’s growing engagement with leading companies across the Norwegian and international maritime community. The partnership was marked during the opening reception - [Quectel launches SE200ZC-AP Smart Module bringing AI-powered vision to Security, Industrial, and Smart Home Devices](https://cyprusshippingnews.com/2026/09/23/quectel-launches-se200zc-ap-smart-module-bringing-ai-powered-vision-to-security-industrial-and-smart-home-devices/): Quectel Wireless Solutions, a global end-to-end IoT solutions provider, announced the SE200ZC-AP, a new smart module designed to give manufacturers a faster path to AI-enabled cameras, industrial vision systems, and connected devices without the cost and complexity of building custom hardware from scratch. Built around the Rockchip RV1126B/RV1126BJ platform, the SE200ZC-AP features a quad-core ARM - [New 150,000 cbm ULEC project targets larger-scale ethane transportation with GTT’s latest cargo containment system](https://cyprusshippingnews.com/2026/09/23/new-150000-cbm-ulec-project-targets-larger-scale-ethane-transportation-with-gtts-latest-cargo-containment-system/): HD Hyundai Heavy Industries, GTT and LR have launched a joint project to develop a 150,000 cbm ultra-large ethane carrier, exploring the next step in large-scale ethane transportation. Lloyd's Register, HD Hyundai Heavy Industries and GTT have signed a joint development project agreement to develop and technically assess a 150,000 cbm ultra-large ethane carrier , - [RAD makes electric boating more accessible with RAD 40 finance leasing programme](https://cyprusshippingnews.com/2026/09/23/rad-makes-electric-boating-more-accessible-with-rad-40-finance-leasing-programme/): British marine technology company RAD, has launched a new leasing programme for its RAD 40 electric outboard, making its complete propulsion package available from £995 per month. The announcement aligns with the Southampton International Boat Show (SIBS), a key industry event that brings boat owners, marine businesses, and professionals to Southampton to discover the latest - [World Maritime Day industry panel to examine the gap between maritime policy and the reality of life at sea](https://cyprusshippingnews.com/2026/09/24/world-maritime-day-industry-panel-to-examine-the-gap-between-maritime-policy-and-the-reality-of-life-at-sea/): OneCare Group will bring together crewing, safety, insurance and wellbeing specialists for a World Maritime Day webinar examining how shipping can turn policies into meaningful outcomes for seafarers The 60-minute online panel session: From Policy to Practice: Putting People at the Centre of Maritime Excellence, will take place on Wednesday 23 September at 11:00am Cyprus time. Aligned - [Hong Kong Convention certification must be backed by day-to-day safety practice, says Wirana Shipping ahead of World Maritime Day](https://cyprusshippingnews.com/2026/09/23/hong-kong-convention-certification-must-be-backed-by-day-to-day-safety-practice-says-wirana-shipping-ahead-of-world-maritime-day/): Leading cash buyer of vessels Wirana Shipping has called for greater focus on how Hong Kong Convention standards are applied in practice, warning that certification alone cannot guarantee consistently safer and more environmentally responsible ship recycling. The issue comes into sharper focus ahead of World Maritime Day 2026, which takes the theme ‘From Policy to - [Maritime Industry commits S$1.5 million in scholarships to 61 students from diverse disciplines](https://cyprusshippingnews.com/2026/09/24/maritime-industry-commits-s1-5-million-in-scholarships-to-61-students-from-diverse-disciplines-2/): The MaritimeONE Scholarship Award Ceremony 2026 celebrates the newly awarded scholarship recipients and affirms the industry's support in building a talent pipeline with the Singapore Maritime Foundation A total of 61 MaritimeONE scholarships were awarded by sponsors from the industry, including maritime companies, unions, associations, and foundations at the MaritimeONE Scholarship Award Ceremony 2026 held - [SSI appoints Andrew King to support digital transition of UK shipyard sector](https://cyprusshippingnews.com/2026/09/23/ssi-appoints-andrew-king-to-support-digital-transition-of-uk-shipyard-sector/): Industry veteran will strengthen links between industry and academia with professional education programme at Liverpool John Moores University SSI, a global leader delivering software, services, and expertise for shipbuilding and sustainment, has appointed Andrew King to lead its deployment of digital design and production tools to UK-based shipyards. A hugely experienced Naval Architect with more - [BetterSea and GTT Marine enter partnership to deliver seamless FuelEU Trading and Pooling through Vesper Insights Platform](https://cyprusshippingnews.com/2026/09/23/bettersea-and-gtt-marine-enter-partnership-to-deliver-seamless-fueleu-trading-and-pooling-through-vesper-insights-platform/): BetterSea, provider of a leading FuelEU compliance platform and marketplace, and GTT Marine, a business unit of the GTT Group, announced a white-label integration partnership to accelerate FuelEU Maritime compliance for shipping companies. Under the partnership, GTT Marine will integrate BetterSea’s platform into its own Vesper Insights platform offering, enabling GTT Marine customers and platform - [Marine insurance supply remains stable as geopolitical and technical changes reshape the market, says IUMI President](https://cyprusshippingnews.com/2026/09/23/marine-insurance-supply-remains-stable-as-geopolitical-and-technical-changes-reshape-the-market-says-iumi-president/): The global marine insurance market remains in a stable position, with premium growth strongly supported by a weak USD in hull and cargo. Meanwhile the sector is entering a period of significant change driven by geopolitics, new trade routes, digitalisation and the transition to a lower-carbon shipping industry. Opening the International Union of Marine Insurance - [Danish Shipping established with Maritime innovation new partnership and shortens the path to EU funding](https://cyprusshippingnews.com/2026/09/23/danish-shipping-established-with-maritime-innovation-new-partnership-and-shortens-the-path-to-eu-funding/): Denmark’s maritime sector needs to become better at securing EU funding. Danish Maritime and Danish Shipping, in collaboration with ShippingLab, are establishing a new platform that will make it easier to match the needs and expertise of Denmark’s maritime sector with relevant EU funding opportunities. The aim is to accelerate the development of promising ideas - [Trafigura launches Volare Shipping](https://cyprusshippingnews.com/2026/09/23/trafigura-launches-volare-shipping/): Contemplated Private Placement and subsequent listing of Volare Shipping on Euronext Growth Oslo Trafigura announces it has established a new, dedicated group company, Volare Shipping , to own, operate and scale a modern fleet of oil tankers. Volare Shipping’s fleet, initially comprised of six Very Large Crude Carriers on the water and eight newbuild vessels - [Global Maritime Forum announces all Aboard Alliance report which shows how companies are raising the standard at sea](https://cyprusshippingnews.com/2026/09/23/global-maritime-forum-announces-all-aboard-alliance-report-which-shows-how-companies-are-raising-the-standard-at-sea/): A new report from the All Aboard Alliance reveals how 13 maritime companies are putting the Sustainable Crewing Guidelines into practice. The nine Sustainable Crewing Guidelines, launched in March 2025, provide a practical framework for improving life at sea, covering areas such as respectful behaviour, career development, crew welfare, connectivity, feedback mechanisms, and inclusive equipment - [2nd Northern European Crewing Conference in Hamburg 22 September 2026 - One Day Left](https://cyprusshippingnews.com/2026/09/21/2nd-northern-european-crewing-conference-in-hamburg-22-september-2026-one-day-left/): “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” REGISTER HERE Date: 22 September 2026 Time: 09:00-15:00 Venue: Hotel Hafen Hamburg - Elbkuppel The 2nd CSN Northern European Crewing Conference, titled “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability”, will take place on 22 September 2026 at the Hotel Hafen - [Maritime Industry Commits S$1.5 million in Scholarships to 61 Students from Diverse Disciplines](https://cyprusshippingnews.com/2026/09/23/maritime-industry-commits-s1-5-million-in-scholarships-to-61-students-from-diverse-disciplines/): The MaritimeONE Scholarship Award Ceremony 2026 celebrates the newly awarded scholarship recipients and affirms the industry's support in building a talent pipeline with the Singapore Maritime Foundation A total of 61 MaritimeONE scholarships were awarded by sponsors from the industry, including maritime companies, unions, associations, and foundations at the MaritimeONE Scholarship Award Ceremony 2026 held - [Sailing vessel ‘Batavia’ arrives at Damen Shiprepair Amsterdam to prepare for her final voyage, taking her onshore](https://cyprusshippingnews.com/2026/09/23/sailing-vessel-batavia-arrives-at-damen-shiprepair-amsterdam-to-prepare-for-her-final-voyage-taking-her-onshore/): The wooden hull will be lowered into a purpose-built steel cradle in dry dock 4; the same dock she was launched from in 1995 The Batavia, the full-scale reconstruction of the 1628 Dutch East India Company ‘retourschip’, arrived at Damen Shiprepair Amsterdam on Saturday 19 September after a six-hour tow. The 56.6-metre wooden ship made - [Etihad Rail and AD Ports Group Launch Integrated Rail Service, Connecting Fujairah Terminals with Abu Dhabi’s Industrial Heartland](https://cyprusshippingnews.com/2026/09/23/etihad-rail-and-ad-ports-group-launch-integrated-rail-service-connecting-fujairah-terminals-with-abu-dhabis-industrial-heartland/): New Fujairah-ICAD rail service and customs-enabled inland gateway bring port services closer to customers across Abu Dhabi Etihad Rail, the developer and operator of the UAE National Rail Network, and AD Ports Group (ADX: ADPORTS), a global enabler of integrated trade, industry and logistics solutions, have partnered to launch a direct rail service connecting Fujairah - [CSN London Maritime Forum "Shipping: Predicting an Unpredictable Future", 13 October - Register Now](https://cyprusshippingnews.com/2026/09/22/csn-london-maritime-forum-shipping-predicting-an-unpredictable-future-13-october-register-now/): “Shipping: Predicting an Unpredictable Future” Date: 13 September 2026 Time: 09:00-16:00 Venue: Marriott Hotel Regent's Park Following the success of our events across Europe and Asia, Cyprus Shipping News is proud to present the inaugural CSN London Maritime Forum. In an era defined by profound geopolitical instability, shifting regulatory frameworks, and volatile capital markets, the maritime industry - [DORIC WEEKLY INSIGHT 18 SEPTEMBER 2026](https://cyprusshippingnews.com/2026/09/21/doric-weekly-insight-18-september-2026/): Please find below the DORIC Market Insight for the week ending 18th September 2026. Weekly Report 18.09.2026 - [Panamax in Focus — Pacific Routes gain as the index eases and China-Bound Thermal Coal Flows Weaken](https://cyprusshippingnews.com/2026/09/22/panamax-in-focus-pacific-routes-gain-as-the-index-eases-and-china-bound-thermal-coal-flows-weaken/): Panamax earnings ease but remain elevated; demand-to-supply ratio falls to 0.91. The BPI fell 41 points week-on-week to 2,407 on 11 September, while P5TC earnings declined by $373 to $21,662/day. Overall earnings held firm in the 96th percentile of weekly benchmarks over the past 52 weeks. On the demand-to-supply series,, tonne-mile demand was 6.9% lower - [Emirates Shipping Line Joins Growing Push to End Plastic Waste Trade ](https://cyprusshippingnews.com/2026/09/22/emirates-shipping-line-joins-growing-push-to-end-plastic-waste-trade/): Carrier becomes second ocean carrier to halt plastic waste shipments following sustained advocacy from Basel Action Network 18 September 2026. Seattle, WA, US. Emirates Shipping Line (ESL) has announced that it will stop accepting plastic waste shipments, effective 1 October 2026, becoming the second ocean carrier to make such a commitment. In an advisory issued - [Huawei unveils upgraded Stellar AI Network to power the Agentic World with secure, intelligent connectivity](https://cyprusshippingnews.com/2026/09/23/huawei-unveils-upgraded-stellar-ai-network-to-power-the-agentic-world-with-secure-intelligent-connectivity/): At HUAWEI CONNECT 2026, Huawei unveiled its upgraded Stellar AI Network Solution under the philosophy of secure, intelligent connectivity. With stand-out features such as efficient computing production, lossless delivery, and superfast application, this future-ready solution unleashes computing productivity while safeguarding services in the AI era. Driven by explosive AI adoption, daily token consumption has surged - [Singtel receives Frost & Sullivan's 2026 APAC Company of the Year Recognition for 5G Enterprise Leadership](https://cyprusshippingnews.com/2026/09/23/singtel-receives-frost-sullivans-2026-apac-company-of-the-year-recognition-for-5g-enterprise-leadership/): Singtel's 5G enterprise innovation, intelligent connectivity, and customer-centric solutions are helping how APAC enterprises adopt robotics, AI, and connected technologies. Frost & Sullivan is pleased to announce that Singtel has received the 2026 APAC Company of the Year Recognition in the 5G enterprise industry for its outstanding achievements in enterprise connectivity, innovation, strategy execution, and customer impact. - [BlackSky’s Fifth Gen-3 Attains First Light in Hours, Expanding Constellation Capacity and Decision-Making Speed for Customers](https://cyprusshippingnews.com/2026/09/23/blackskys-fifth-gen-3-attains-first-light-in-hours-expanding-constellation-capacity-and-decision-making-speed-for-customers/): Rapid commissioning operations unlock scarce, very high-resolution imaging capacity as global demand for responsive, tactical space‑based intelligence accelerates BlackSky Technology Inc. collected and processed first light imagery from its fifth Gen‑3 satellite in less than 20 hours after liftoff, demonstrating a consistent launch-to-launch pattern of rapid data delivery timelines that significantly outpace the industry standard. Rapid - [Nordic American Tankers reports extraordinary market conditions and strong cash accumulation](https://cyprusshippingnews.com/2026/09/22/nordic-american-tankers-reports-extraordinary-market-conditions-and-strong-cash-accumulation/): Nordic American Tankers (NAT) has announced to its shareholders and investors that the company is currently experiencing an extraordinary market for its vessels. The company provided a snapshot of recent spot fixtures, noting that while the figures are approximate, they demonstrate significant earning potential. NAT highlighted that its operating costs per ship remain below $10,000 - [Adm. Rabiee: "The Suez Canal witnesses the first transit of the mega container ship OOCL PORTUGAL amongst vessels of the north convoy."](https://cyprusshippingnews.com/2026/09/22/adm-rabiee-the-suez-canal-witnesses-the-first-transit-of-the-mega-container-ship-oocl-portugal-amongst-vessels-of-the-north-convoy/): Return of COSCO to Suez Canal Rise in the total net tonnages of container ships transiting through the Canal to 72.1 million tons during the first eight months of this year. Adm. Ossama Rabiee, Chairman and Managing Director of the Suez Canal Authority, announced that traffic through the Canal today witnessed the first transit of - [Thordon Turbine Guide Bearing still running Clean in Washington after 18 years in service](https://cyprusshippingnews.com/2026/09/22/thordon-turbine-guide-bearing-still-running-clean-in-washington-after-18-years-in-service/): Long-term inspection validates reliability of grease-free turbine bearing and water quality package installed at Columbia Basin Hydropower’s Russell D. Smith Power Station. BURLINGTON, ONTARIO, CANADA — At a time when North America is investing heavily in the modernization of its water infrastructure, a hydro installation in Washington State is demonstrating the long-term payoff of environmentally responsible - [European gas slides to over one-week low as French strike ends](https://cyprusshippingnews.com/2026/09/22/european-gas-slides-to-over-one-week-low-as-french-strike-ends/): European wholesale natural gas prices fell for a third consecutive session on Thursday, slipping to over one-week lows as the resolution of a labor strike in France restored sendout capacity from a key import terminal, offering temporary relief to tight energy curves. The benchmark Dutch front-month TTF contract dropped 1.23% to trade around 76.98 euros - [Open letter to EU ministers to support the inclusion of Indian ship recycling yards on the European List](https://cyprusshippingnews.com/2026/09/22/open-letter-to-eu-ministers-to-support-the-inclusion-of-indian-ship-recycling-yards-on-the-european-list/): Dear Ministers, BIMCO, the Cruise Lines International Association (CLIA), European Shipowners | ECSA, the International Chamber of Shipping (ICS), INTERCARGO, INTERFERRY, INTERTANKO, and the World Shipping Council (WSC) call on EU Member States to deliver a positive opinion on the European Commission’s proposal to add two Indian ship recycling facilities to the updated European List - [Deepening supply crisis keeps European diesel prices near record high](https://cyprusshippingnews.com/2026/09/22/deepening-supply-crisis-keeps-european-diesel-prices-near-record-high/): Physical European diesel prices remain close to all-time highs, driven by a confluence of supply disruptions that traders and analysts said could further tighten an already depleted global middle distillates market. The 10ppm CIF NWE cargo flat price was assessed at $1,642.25/metric ton on Sept. 15, marking the highest level since Platts, part of S&P - [Preventing auxiliary engine overspeed](https://cyprusshippingnews.com/2026/09/22/preventing-auxiliary-engine-overspeed/): Overspeed can occur within seconds, perhaps from a simple setup error or a seemingly minor mechanical fault. The result can be severe engine damage, costly repairs and weeks out of service. Here are some of the key steps to reduce the risk. Auxiliary engine overspeed events can also result in significant financial consequences. The direct - [ABP wins Safety Excellence Award for steel handling innovation](https://cyprusshippingnews.com/2026/09/22/abp-wins-safety-excellence-award-for-steel-handling-innovation/): Associated British Ports , the UK’s largest ports operator, has won a Safety Excellence Award for an innovative approach to steel slab handling at the Port of Newport, the UK’s leading steel handling port, in South Wales. The award was presented at the Rail Freight Group Awards Dinner on Thursday 10 September, recognising work delivered - [Major South Gare protection project gets underway to safeguard future of River Tees operations](https://cyprusshippingnews.com/2026/09/22/major-south-gare-protection-project-gets-underway-to-safeguard-future-of-river-tees-operations/): One of the largest engineering programmes ever undertaken on Teesside's iconic South Gare breakwater is now underway, as PD Ports begins a multi-million-pound project to strengthen the structure against increasingly severe storm conditions. The works mark the culmination of 18 months of research, surveys, design development and modelling to identify the most effective long-term solution - [GTT Energy strengthens its offering with the launch of the LNG performance centre and next-generation LNG as fuel solution](https://cyprusshippingnews.com/2026/09/22/gtt-energy-strengthens-its-offering-with-the-launch-of-the-lng-performance-centre-and-next-generation-lng-as-fuel-solution/): GTT announces two major developments within GTT Energy, the Group business unit dedicated to containment and energy management systems: the launch of the LNG Performance Centre, a new service ecosystem designed to support ship-owners and charterers in optimising LNG carrier fleet performance and cargo management, as well as the introduction of next-generation LNG as fuel - [Shipping Technology launches ST Sailing Pro, adding automatic propulsion control to conventionally powered inland vessels](https://cyprusshippingnews.com/2026/09/22/shipping-technology-launches-st-sailing-pro-adding-automatic-propulsion-control-to-conventionally-powered-inland-vessels/): Next step in software development cuts fuel consumption by an additional10%: Just-in-Time sailing (JIT), with the captain in control at all times (‘Human in the Loop’). Shipping Technology has launched ST Sailing Pro, an extension of its ST Sailing track pilot that now not only controls a vessel's steering, but also its propulsion. This is - [Raindrop announces series A and $50M in total funding Led by CRV to protect the World from AI agent failures](https://cyprusshippingnews.com/2026/09/22/raindrop-announces-series-a-and-50m-in-total-funding-led-by-crv-to-protect-the-world-from-ai-agent-failures/): The Series A will accelerate Raindrop's anomaly detection research, scale the product to more enterprises, and advance Simulations, a new product that tests agent changes against production traffic before they ship Raindrop, the agent reliability company, raised a Series A led by CRV, bringing total funding to $50 million. Existing investors Lightspeed Venture Partners, Y - [International Chamber of Shipping addresses UN Security Council on maritime security and freedom of navigation](https://cyprusshippingnews.com/2026/09/21/international-chamber-of-shipping-addresses-un-security-council-on-maritime-security-and-freedom-of-navigation/): The International Chamber of Shipping (ICS) Secretary General was invited to brief an Arria-Formula meeting of the UN Security Council convened by the Kingdom of Bahrain. At the meeting, ICS reaffirmed the importance of freedom of navigation and protecting the maritime industry. The meeting brought UN representatives and invited guests together to discuss the deteriorating - [Maritime regulation only works if it works at sea](https://cyprusshippingnews.com/2026/09/21/maritime-regulation-only-works-if-it-works-at-sea/): There comes a point in every regulatory process when the wording is agreed, and a new requirement is adopted. From the outside, that can look like the job is done. In shipping, this is often when the difficult part begins. An owner, manager or other impacted stakeholders must understand what is required, a Flag State - [KR, Hanwha Ocean sign MOU for joint development of 18K LNG bunkering vessel](https://cyprusshippingnews.com/2026/09/21/kr-hanwha-ocean-sign-mou-for-joint-development-of-18k-lng-bunkering-vessel/): Two cargo containment solutions target growing LNG bunkering demand Korean Register signed a Memorandum of Understanding with Hanwha Ocean to jointly develop two design concepts for an 18,000-cbm LNG bunkering vesse on September 16 at Gastech 2026 in Bangkok. As international regulations on greenhouse gas emissions continue to tighten and the number of LNG-fueled vessels - [As AI Risk Scales and Vulnerabilities Compound, Evo by Snyk reaches 60% of new deal volume](https://cyprusshippingnews.com/2026/09/22/as-ai-risk-scales-and-vulnerabilities-compound-evo-by-snyk-reaches-60-of-new-deal-volume/): Three in four customers deploy Evo within the quarter they buy it, using Snyk's independent validation and remediation layer to govern agents and turn findings into fixes. Snyk, the AI security company, announced that Evo by Snyk, the agent-native layer of the Snyk AI Security platform, now accounts for 60% of the company's new deal - [TigerByte Cyber emerges from stealth with $3M seed funding and over $7M in government contracts from DARPA, US Space Force and other agencies to protect satellites and aircraft from Cyberattacks](https://cyprusshippingnews.com/2026/09/22/tigerbyte-cyber-emerges-from-stealth-with-3m-seed-funding-and-over-7m-in-government-contracts-from-darpa-us-space-force-and-other-agencies-to-protect-satellites-and-aircraft-from-cyberattacks/): TigerByte Cyber secures the edge devices that connect legacy aircraft, satellite and communications systems to modern capabilities, enabling rapid and safe modernization of these mission-critical platforms TigerByte Cyber, a defense-focused cybersecurity company specializing in hardware-based edge computing solutions, announced it has raised a $3 million seed funding round led by Hale Capital Partners with the - [Meet the Panellists of the 2nd CSN Northern European Crewing Conference Panel Discussion - Safeguarding the Crew: Integrating RightShip RISQ with P&I Health Claims Strategy](https://cyprusshippingnews.com/2026/09/21/meet-the-panellists-of-the-2nd-csn-northern-european-crewing-conference-panel-discussion-safeguarding-the-crew-integrating-rightship-risq-with-pi-health-claims-strategy-2/): Meet the Panellists of the 2nd CSN Northern European Crewing Conference Panel Discussion - Safeguarding the Crew: Integrating RightShip RISQ with P&I Health Claims Strategy The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability,” the 2nd Northern - [Acceldata launches xFactory for building ogverned AI applications from Business Intent, on Federated Data](https://cyprusshippingnews.com/2026/09/22/acceldata-launches-xfactory-for-building-ogverned-ai-applications-from-business-intent-on-federated-data/): Enterprises can now create AI applications and agents — executing natively on open engines including Apache Spark, Trino and Kafka — and connecting to Snowflake and Databricks, so your data stays where it is. Acceldata, the market leader in agentic data management and provider of the xLake Data & AI platform, announced the launch of - [GasEntec receives approval in principle from Lloyd's Register for 1 Bcf/d Multi-Mode Regasification System, among the world's largest and most flexible FSRU designs](https://cyprusshippingnews.com/2026/09/22/gasentec-receives-approval-in-principle-from-lloyds-register-for-1-bcf-d-multi-mode-regasification-system-among-the-worlds-largest-and-most-flexible-fsru-designs/): GasEntec, the global LNG technology and assets company, announced it has received Approval in Principle from Lloyd's Register for the design of a 1 billion cubic feet per day liquefied natural gas floating storage and regasification unit integrating a multi-mode regasification system. The AiP follows an independent concept-stage review by Lloyd’s Register of the design's - [Vantor selects EnduroSat and CACI to build high-revisit pulse satellite fleet](https://cyprusshippingnews.com/2026/09/22/vantor-selects-endurosat-and-caci-to-build-high-revisit-pulse-satellite-fleet/): Partners will provide spacecraft and payloads for Vantor Pulse, a 40 cm-class, multi-sensor fleet designed to monitor the same location as frequently as every 15 minutes Vantor, the leader in unified spatial intelligence, announced it has selected EnduroSat and CACI to develop and build the initial Vantor Pulse™ satellites, a fleet of 40 cm-class satellites - [Hanwha Power obtains ABS approval in principle for 22,000 CBM LNG Bunkering Vessel Concept Design](https://cyprusshippingnews.com/2026/09/22/hanwha-power-obtains-abs-approval-in-principle-for-22000-cbm-lng-bunkering-vessel-concept-design/): Jointly participated in GASTECH 2026 with Hanwha Ocean and Hanwha Engines, showcasing the Group's integrated marine and energy solutions. Applied multi-cargo technology for LNG and ammonia, along with a hybrid electric propulsion system. Strengthened the competitiveness of an integrated engineering and procurement package by incorporating the Group's core technologies. Hanwha Power announced on September 15 that - [TechnipFMC awarded iEPCI® contract for PETRONAS’ Limbayong Project Offshore Malaysia](https://cyprusshippingnews.com/2026/09/22/technipfmc-awarded-iepci-contract-for-petronas-limbayong-project-offshore-malaysia/): TechnipFMC announced that its subsidiary, FMC Wellhead Equipment has been awarded a significant integrated Engineering, Procurement, Construction, and Installation contract by PETRONAS Carigali S. for the Limbayong deepwater project offshore Malaysia. This greenfield development will benefit from both our Subsea 2.0® configure-to-order (CTO) platform and iEPCI® execution of the entire subsea scope, reducing project cycle - [Oceania Cruises® unveils 12 destination-rich segments of its 2028 around the World Voyage aboard Oceania Aurelia™](https://cyprusshippingnews.com/2026/09/23/oceania-cruises-unveils-12-destination-rich-segments-of-its-2028-around-the-world-voyage-aboard-oceania-aurelia/): Oceania Cruises®, the world’s leading destination- and culinary-focused luxury cruise line, is opening for sale today 12 distinct segments of Oceania Aurelia’s inaugural 180-day Around the World voyage in 2028. Ranging from 10 to 19 days, each segment offers travelers a curated slice of the ship’s extraordinary global itinerary which departs Miami in January 2028 - [MSC Euribia offer Canary Islands Winter Sun escapes for 2027-28 season](https://cyprusshippingnews.com/2026/09/22/msc-euribia-offer-canary-islands-winter-sun-escapes-for-2027-28-season/): MSC Cruises announced that MSC Euribia will offer seven-night Canary Islands and Madeira cruises during the winter 2027-28 season, giving guests the opportunity to enjoy winter sunshine, explore six distinctive island destinations and experience one of the newest ships in the Company's fleet. The ship's deployment marks the fourth season of the popular programme and - [Azane secures ammonia supply agreement with Yara](https://cyprusshippingnews.com/2026/09/22/azane-secures-ammonia-supply-agreement-with-yara/): Azane Fuel Solutions has signed an ammonia supply agreement with Yara Norge , securing access to ammonia for Azane's marine fuel activities. The agreement represents an important step in establishing a reliable ammonia supply chain to support the maritime sector's transition towards lower-emission operations. The agreement strengthens the ammonia value chain and supports Azane's ambition - [Carnival Jubilee debuts first- ever short cruises on Excel -Class ship from Galveston](https://cyprusshippingnews.com/2026/09/22/carnival-jubilee-debuts-first-ever-short-cruises-on-excel-class-ship-from-galveston/): Carnival Cruise Line opened sailings for its 2028/29 season from Galveston, featuring a new lineup of shorter cruise options aboard Carnival Jubilee that include stops at Paradise Collection exclusive destinations. The new program marks the first time Carnival’s newest Excel-class ship will offer regular four- and five-day cruises from Galveston, giving guests more flexibility to sail - [UW Group and WENCON deliver Technical Training on Marine Epoxy Repair Solutions](https://cyprusshippingnews.com/2026/09/21/uw-group-and-wencon-deliver-technical-training-on-marine-epoxy-repair-solutions/): UW Group, in collaboration with its principal WENCON, successfully hosted two technical training sessions dedicated to epoxy repair products and solutions for marine applications. The training sessions were held on 9 September 2026 in Greece and 17 September 2026 in Cyprus, bringing together maritime professionals for a practical and interactive programme focused on the correct - [Iran’s long reach: Saudi's east–west pipeline under fire](https://cyprusshippingnews.com/2026/09/22/irans-long-reach-saudis-east-west-pipeline-under-fire/): A suspected Iraq-based attack on Saudi Arabia’s East–West Pipeline shows the growing reach of Iran and its aligned groups, from Yemen to Iraq, as conflict engulfs the region. The strike shuts down a critical bypass for Hormuz and brings the fighting another step closer to producing assets. Iran’s Long Reach: The East–West Pipeline Under Fire - [As Seabourn's 2026 Alaska season draws to a close, the line looks ahead to 2027](https://cyprusshippingnews.com/2026/09/22/as-seabourns-2026-alaska-season-draws-to-a-close-the-line-looks-ahead-to-2027/): From glaciers to Denali, Seabourn Encore's 2027 season offers 18 departures through Alaska and British Columbia, expert-led experiences and destination-inspired cuisine KEY POINTS: Seabourn Encore will explore Alaska and British Columbia from May through September 2027, offering 18 departures across five itineraries ranging from seven to 15 days. Guests can extend their exploration into Alaska's - [MOL Group conducts Employee Fundraising Campaign and matching donation for 2026 Kumamoto Earthquake Relief and Supports Installation of WOTA’s Water-Recycling Systems](https://cyprusshippingnews.com/2026/09/22/mol-group-conducts-employee-fundraising-campaign-and-matching-donation-for-2026-kumamoto-earthquake-relief-and-supports-installation-of-wotas-water-recycling-systems/): Mitsui O.S.K. Lines, conducted a fundraising campaign among MOL Group officers and employees to support those affected by the 2026 Kumamoto Earthquake. The campaign raised a total of JPY 1,503,000. MOL will provide a matching donation equal to the amount contributed by its officers and employees. The combined total of JPY 3,006,000 will be donated - [World's First Hydrogen-Fueled Engine for Large Commercial Vessels successfully completes land-based testing](https://cyprusshippingnews.com/2026/09/22/worlds-first-hydrogen-fueled-engine-for-large-commercial-vessels-successfully-completes-land-based-testing/): Greenhouse Gas (GHG) Emissions Reduced by More Than 95% Compared with Conventional Heavy-Fuel-Oil Engines As part of NEDO's "Green Innovation Fund Project / Next-Generation Ship Development", Japan Engine Corporation , and Yanmar Power Solutions are jointly developing the "Development of Marine Hydrogen Engines and MHFS." Japan Engine has completed the world's first hydrogen-fueled engine for - [Port of Piraeus Fourfold Distinction at the Compliance Awards 2026](https://cyprusshippingnews.com/2026/09/21/port-of-piraeus-fourfold-distinction-at-the-compliance-awards-2026/): Two Gold and Two Bronze Awards for the Compliance Uni PPA S.A. received four significant distinctions at the Compliance Awards 2026, recognizing its practices and initiatives in the field of compliance and reaffirming its strong commitment to integrity, responsible corporate governance and the development of a strong compliance culture. As part of the awards organized - [NYK holds naming and launch ceremony for new cruise ship “AMANE”](https://cyprusshippingnews.com/2026/09/21/nyk-holds-naming-and-launch-ceremony-for-new-cruise-ship-amane/): Milestone Achieved Ahead of Scheduled Tokyo Bay Service Launch in May 2027.On September 11, NYK held a naming and launch ceremony for its new cruise ship, AMANE, at Maehata Shipbuilding Co., Ltd. in Sasebo City, Nagasaki Prefecture. The ceremony was attended by numerous stakeholders, including Masamichi Katayama, founder and principal of Wonderwall®, who served as - [Hornbeck Offshore awarded Multi-Year Decommissioning Contract in the North Sea](https://cyprusshippingnews.com/2026/09/21/hornbeck-offshore-awarded-multi-year-decommissioning-contract-in-the-north-sea/): Hornbeck Offshore Services, Inc., a premier integrated offshore services company, today announced that its subsidiary Helix Well Ops (U.K.) Limited has secured a multi-year decommissioning contract with a major operator in the North Sea. The contract is expected to commence in the second quarter of 2027 and has a firm duration of two years, with - [Lower-carbon steel and permanent storage CCS expands across the Gulf Coast](https://cyprusshippingnews.com/2026/09/21/lower-carbon-steel-and-permanent-storage-ccs-expands-across-the-gulf-coast/): We are now capturing, transporting and storing captured CO₂ from Nucor's direct reduced iron facility in Convent, Louisiana, supporting lower-carbon steel production. Nucor is our third active commercial CCS operation, highlighting CCS as a practical, in-demand solution for reducing industrial emissions. The Rose carbon storage site moves toward operation, reflecting growing industrial demand for dedicated - [FUJAIRAH DATA: August bunker fuel sales resume decline after July increase](https://cyprusshippingnews.com/2026/09/21/fujairah-data-august-bunker-fuel-sales-resume-decline-after-july-increase/): Ship fuel sales at the Port of Fujairah on the eastern coast of the UAE in August fell 2.7% from July, when sales had their first increase since the US/Israel war with Iran began in February, according to port data published Sept. 15. The August total dropped 65% year over year to 227,950 cubic meters, - [New gas power policy of China’s Guangdong province drives structural shift from baseload to peak-only dispatch, resulting in reduced running hours](https://cyprusshippingnews.com/2026/09/21/new-gas-power-policy-of-chinas-guangdong-province-drives-structural-shift-from-baseload-to-peak-only-dispatch-resulting-in-reduced-running-hours/): A major shift in Guangdong’s gas power dispatch policy is changing the role of gas-fired generation. Fleets are moving from baseload to mostly peak-only operations, which may reduce long-term gas demand growth in the power sector, according to new analysis by Wood Mackenzie. Kai Dong, Principal Analyst for Asia Pacific Gas and LNG, presented these - [Transocean announces $80 million contract for Ultra-Deepwater Drillship](https://cyprusshippingnews.com/2026/09/21/transocean-announces-80-million-contract-for-ultra-deepwater-drillship/): Transocean announced that the Deepwater Conqueror was awarded a two-well contract for work in Equatorial Guinea with an undisclosed operator. The estimated 170-day campaign is expected to commence in 2027 in direct continuation of the rig’s current contract in the U.S Gulf and contribute approximately $80 million in backlog, excluding additional services and compensation for - [Teledyne Space Imaging Sensors launch on ESA’s Sentinel-3C and FLEX missions](https://cyprusshippingnews.com/2026/09/21/teledyne-space-imaging-sensors-launch-on-esas-sentinel-3c-and-flex-missions/): The two climate-monitoring missions will provide observations of Earth’s oceans, land surfaces and vegetation. Teledyne Space Imaging technology was successfully launched aboard two major European Space Agency Earth observation missions; Sentinel-3C and the Fluorescence Explorer . The satellites launched together this morning aboard a Vega C rocket from Europe’s Spaceport in French Guiana Sentinel-3C: Continuing - [SES and Elveo Mobile deepen collaboration to advance direct-to-device services in Europe](https://cyprusshippingnews.com/2026/09/21/ses-and-elveo-mobile-deepen-collaboration-to-advance-direct-to-device-services-in-europe/): SES, a global leader in space solutions, and Elveo Mobile, the company that delivers mobile connectivity and elevated intelligence for a planet on the move, today announced the expansion of their collaboration to accelerate delivery of direct-to-device services in Europe. SES will leverage Elveo’s patented, proven and cost-effective D2D technology to enable seamless mobile roaming - [Tougher self-inspection pays off under SIRE 2.0, according to Kaiko Systems](https://cyprusshippingnews.com/2026/09/21/tougher-self-inspection-pays-off-under-sire-2-0-according-to-kaiko-systems/): Analysis of 1,300 inspection reports finds vessels that identify more issues themselves record fewer observations when inspections take place Tanker crews that inspect themselves more rigorously before SIRE 2.0 inspections are achieving better results, according to analysis by maritime technology provider, Kaiko Systems. The company reviewed around 1,300 SIRE 2.0 inspection reports from 25 fleets, covering - [BIMCO Shipping Number of the Week](https://cyprusshippingnews.com/2026/09/21/bimco-shipping-number-of-the-week-114/): Bulker Panama Canal transits drop 22% amid higher competition for transit slot "Since the start of July, Panama Canal bulker transits have fallen 22% y/y. Bulkers have faced increased competition for transit slots from other sectors, especially tankers, as the US has boosted energy exports to Asia. El Niño is also expected to lead to - [ISSPL Limited Files Draft Red Herring Prospectus for proposed SME IPO](https://cyprusshippingnews.com/2026/09/21/isspl-limited-files-draft-red-herring-prospectus-for-proposed-sme-ipo/): ISSPL Limited, (formerly known as “IRClass Systems and Solutions Limited” and “IRClass Systems and Solutions Private Limited”) (“ISSPL”), a provider of testing, third party inspection certification and related technical services, has filed its Draft Red Herring Prospectus (“DRHP”) with BSE Limited for its proposed Initial Public Offering (“IPO”) on the SME platform. The proposed public - [New Cruise Ship MITSUI OCEAN SAKURA to enter service](https://cyprusshippingnews.com/2026/09/21/new-cruise-ship-mitsui-ocean-sakura-to-enter-service/): MITSUI OCEAN CRUISES Now Operates a 2-Ship Fleet Mitsui O.S.K. Lines, announced that MITSUI OCEAN SAKURA, operated by MOL Group company MOL Cruises,will enter service on September 19, and embark on its maiden voyage from the Port of Yokohama. On September 16, ahead of MITSUI OCEAN SAKURA's entry into service, a large and enthusiastic group - [Nokia accelerates network automation through agentic, unified data foundation with Microsoft](https://cyprusshippingnews.com/2026/09/21/nokia-accelerates-network-automation-through-agentic-unified-data-foundation-with-microsoft/): Multi-vendor, cross-domain solution integrates Nokia Data Suite with Microsoft Fabric. Faster access to trusted, unified data allows telecom providers to scale autonomous, AI-driven operations. Initial use cases focus on RAN optimization through autonomous VoNR assurance and geo-experience, which correlates subscriber, network and RF data. Collaboration enables intelligent, agent-based solutions across the network stack. Nokia is - [EnergyPathways and Hycamite advance hydrogen and graphite production plant in UK](https://cyprusshippingnews.com/2026/09/21/energypathways-and-hycamite-advance-hydrogen-and-graphite-production-plant-in-uk/): Development of a high-grade graphite and low-carbon hydrogen production plant in Barrow-in-Furness, UK Both parties to assess the commercial viability of Hycamite’s proprietary and technically proven methane splitting and carbon processing technology to produce high grade graphite The estimated cost of hydrogen for EnergyPathways’ plant is expected to be competitive with blue hydrogen and lower - [Transito launches Total Freight as low-water challenges on the Rhine persist](https://cyprusshippingnews.com/2026/09/21/transito-launches-total-freight-as-low-water-challenges-on-the-rhine-persist/): Dutch chartering company Transito has launched Total Freight, a new service combining sea freight and inland shipping under one contract, as low water and other disruptions continue to complicate cargo movements between European seaports and the hinterland. The service covers the sea voyage, port handling, transhipment and onward transport by inland vessel. Shippers receive one - [Engine choices will shape shipping’s fuel pathways through 2050, while fuel economics determine what vessels will actually consume](https://cyprusshippingnews.com/2026/09/21/engine-choices-will-shape-shippings-fuel-pathways-through-2050-while-fuel-economics-determine-what-vessels-will-actually-consume/) - [Wärtsilä and TGES to evaluate power solutions to support Japan’s accelerating AI-driven data centre growth](https://cyprusshippingnews.com/2026/09/21/wartsila-and-tges-to-evaluate-power-solutions-to-support-japans-accelerating-ai-driven-data-centre-growth/): Technology group Wärtsilä and Tokyo Gas Engineering Solutions have signed a Memorandum of Understanding to jointly evaluate power supply solutions for data centres in Japan. The MoU was signed in Helsinki in August 2026. Driven by the rapid growth of AI and cloud computing, demand for new data centre capacity is accelerating in Japan. At - [Port of Long Beach Eyes Future of Trade Growth](https://cyprusshippingnews.com/2026/09/21/port-of-long-beach-eyes-future-of-trade-growth/): As more companies move to diversify where they source and manufacture their products overseas, major rail infrastructure will play an even more significant role in keeping ports like Long Beach competitive, Port of Long Beach CEO Dr. Noel Hacegaba said Wednesday during a virtual media briefing. Hacegaba discussed Southeast Asia’s rising market share of trade - [SAP’s first embodied AI Jam brings customers, robots, and AI together to develop viable use cases in days, not weeks](https://cyprusshippingnews.com/2026/09/21/saps-first-embodied-ai-jam-brings-customers-robots-and-ai-together-to-develop-viable-use-cases-in-days-not-weeks-2/): A robodog weaves it way between tables. A small drone purrs overhead. Humanoids pick, pack, and pose for photos. Welcome to SAP’s first Embodied AI Jam. Last week, SAP customers gathered at the Swiss Smart Factory in Biel, Switzerland, to experience firsthand how robots and SAP software can work together to solve real business challenges. - [DNV awards HD HHI AiP for 12K LNG bunkering ship design targeted towards cruise ships](https://cyprusshippingnews.com/2026/09/21/dnv-awards-hd-hhi-aip-for-12k-lng-bunkering-ship-design-targeted-towards-cruise-ships/): DNV and the Liberian International Ship and Corporate Registry have awarded an Approval in Principle certificate to HD Hyundai Heavy Industries for a new 12K LNG Bunkering Vessel design, tailored to the needs of cruise ships. The AiP was presented to Mr. Ryu Hong Ryeul, CTO / HD HHI, by Vidar Dolonen, Regional Manager for - [DNV awards HD HHI AiP for 271K CBM LNG carrier](https://cyprusshippingnews.com/2026/09/21/dnv-awards-hd-hhi-aip-for-271k-cbm-lng-carrier/): DNV has awarded HD Hyundai Heavy Industries an Approval in Principle certificate for their new 271,000 CBM LNG carrier design. The AiP was presented to Mr. Hong Ryeul Ryu, Senior Executive Vice President and CTO of HD HHI, by Vidar Dolonen, Regional Manager for Korea and Japan at DNV, during a ceremony held at Gastech - [Hormuz risks drive increase in road haulage for smaller oil parcels](https://cyprusshippingnews.com/2026/09/18/hormuz-risks-drive-increase-in-road-haulage-for-smaller-oil-parcels/): The use of trucks to move small bunkers and gasoline cargoes within the Persian Gulf region has ballooned in recent months as companies look to save time, avoid the risks involved in crossing the Strait of Hormuz and ensure a steady cash flow, several traders and brokers said Sept. 10. Prior to the war, truck - [MV Baltazar officially named in Fremantle, Western Australia](https://cyprusshippingnews.com/2026/09/21/mv-baltazar-officially-named-in-fremantle-western-australia/): Klaveness Combination Carriers celebrated the naming of MV Baltazar in Fremantle, Western Australia, bringing together customers, partners, crew members, representatives from the Western Australian maritime community, shareholders and colleagues to mark an important milestone for the company. The event was held at the Fremantle Passenger Terminal and included a traditional Welcome to Country by - [One in ten inspected cargo units found with safety deficiencies](https://cyprusshippingnews.com/2026/09/18/one-in-ten-inspected-cargo-units-found-with-safety-deficiencies/): More than one in ten cargo transport units inspected during 2025 had safety deficiencies, according to data published by the World Shipping Council (WSC). Government authorities in seven countries reported 93,079 unit inspections in 2025 and identified deficiencies in 9,645, a rate of 10.36%. Problems included incorrect documentation, marking and labelling, improper packing and inadequate - [KR grants AIP to HD Hyundai Heavy Industries for new 50K LPG carrier](https://cyprusshippingnews.com/2026/09/18/kr-grants-aip-to-hd-hyundai-heavy-industries-for-new-50k-lpg-carrier/): New vessel size bridges 45K- and 60K-cbm LPG carrier classes to meet growing mid-size demand Korean Register has granted Approval in Principle to a newly developed 50,000-cbm LPG carrier, jointly designed with HD Hyundai Heavy Industries . The AIP was presented on September 16 at Gastech 2026 in Bangkok, Thailand. LPG carriers require precise control - [Oceania Cruises® spotlights its Signature Wellness Discovery Tours](https://cyprusshippingnews.com/2026/07/27/oceania-cruises-spotlights-its-signature-wellness-discovery-tours/): Luxury Travelers Embrace the Rejuvenating Power of Travel Through Wellness Experiences Rooted in Local Traditions Oceania Vista® sailing in Santorini, Greece, and yoga and stretch classes aboard Oceania Cruises' ships. From practicing tai chi in Bangkok, to dance therapy in Colombo, to yoga and wine tasting in Santorini, Oceania Cruises®, the world’s leading destination- and - [The war premium has moved into the balance sheet](https://cyprusshippingnews.com/2026/09/18/the-war-premium-has-moved-into-the-balance-sheet/): Hormuz, $100 oil and the question shipowners should ask before buying their next vessel The Strait of Hormuz is not closed. That may be precisely what makes the present situation more difficult for shipowners. A closed waterway produces a clear decision. An open waterway produces another clear decision. But a passage that remains technically open - [Norwegian Cruise Line unveils show-stopping entertainment lineup aboard Norwegian Aura with "WHITNEY a celebration of Whitney Houston " taking center stage](https://cyprusshippingnews.com/2026/09/18/norwegian-cruise-line-unveils-show-stopping-entertainment-lineup-aboard-norwegian-aura-with-whitney-a-celebration-of-whitney-houston-taking-center-stage/): The New Original Production, Developed with The Estate of Whitney E. Houston and Primary Wave Music, Celebrates the Unmistakable Voice, Music and Legacy of Whitney Houston, Delivering an Unforgettable Tribute Experience at Sea Norwegian Aura™ Will Also Feature a Bold Mix of Immersive Theater, Live Music and Late-Night Entertainment with the Debut of “ILLUMINOX: Infinite - [Meet the Panelists of the 2nd CSN Northern European Crewing Conference - 1st Panel](https://cyprusshippingnews.com/2026/09/16/meet-the-panelists-of-the-2nd-csn-northern-european-crewing-conference-1stpanel/): The 2nd CSN Northern European Crewing Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Cyprus Shipping News announces the Panelists of the conference: 1st Panel discussion: Technology in the Driver’s Seat: Rethinking the Last Mile of Crew Change - [ENFORCER strengthens the Netherlands Coastguard fleet](https://cyprusshippingnews.com/2026/09/18/enforcer-strengthens-the-netherlands-coastguard-fleet/): Multraship, Rijkswaterstaat, and the Netherlands Coastguard join forces for safety in the North Sea Multraship, on behalf of Rijkswaterstaat, handed over the new patrol vessel ENFORCER to the Netherlands Coastguard . The 53-metre-long vessel will be deployed in the years ahead to safeguard the continuity of coastguard activities in the North Sea, providing additional support - [Regent reveals brand-new dining venue Solmar Terrace on board Seven Seas Prestige™](https://cyprusshippingnews.com/2026/09/18/regent-reveals-brand-new-dining-venue-solmar-terrace-on-board-seven-seas-prestige/): Ultra-Luxury Cruise Line Also Unveils New Mediterranean-Inspired Azure Menu and Refreshes Prime 7 Classics Ahead of Seven Seas Prestige’s Debut this December Regent Seven Seas Cruises®, the world’s leading ultra-luxury cruise line, has introduced the latest expression of Epicurean Perfection™ aboard Seven Seas Prestige™, announcing the brand-new daytime dining venue: Solmar Terrace. Regent has also - [Houston maritime cyber firm BroCoTec warns vessel operators to prepare for new Coast Guard cyber rules as crew connectivity creates new security risks](https://cyprusshippingnews.com/2026/09/21/houston-maritime-cyber-firm-brocotec-warns-vessel-operators-to-prepare-for-new-coast-guard-cyber-rules-as-crew-connectivity-creates-new-security-risks/): BroCoTec, a Houston-based maritime cyber security specialist, is urging US vessel operators to act now on new Coast Guard cybersecurity regulations, warning they are a 'banana skin' for unprepared companies. The regulations establish cybersecurity requirements for covered U.S.-flagged vessels, facilities and Outer Continental Shelf facilities. The rule became effective July 16, 2025, with phased compliance - [Petrobras signs long-term agreement for the purchase and sale of Liquefied Natural Gas with US company Sempra Infrastructure](https://cyprusshippingnews.com/2026/09/18/petrobras-signs-long-term-agreement-for-the-purchase-and-sale-of-liquefied-natural-gas-with-us-company-sempra-infrastructure/): Petrobras has signed a long-term Liquefied Natural Gas (LNG) sale and purchase agreementwith Sempra Infrastructure, a U.S. company and subsidiary of Sempra. The agreement, signed at the end of August, provides for Petrobras to purchase 0.8 million tonnes per annum (mtpa) of LNG for a period of 20 years, with supply from the Port Arthur - [Saipem divestment of Shallow Water Drilling's operations in Saudi Arabia completed](https://cyprusshippingnews.com/2026/09/18/saipem-divestment-of-shallow-water-drillings-operations-in-saudi-arabia-completed/): Saipem announces that it has completed the sale of its entire shareholding in Saudi Arabian Saipem Limited to ADES Saudi Limited Company, an indirect subsidiary of ADES Holding Company, an international operator active worldwide in offshore and onshore drilling services. The transaction, announced on 24 June 2026, has been completed after obtaining all applicable regulatory - [Next generation party leaders visit the Edvard Grieg field offshore](https://cyprusshippingnews.com/2026/09/18/next-generation-party-leaders-visit-the-edvard-grieg-field-offshore/): Where were party leaders for Young Conservatives, AUF, Progress Party Youth, Centre Youth, Socialist Youth, Young Liberals, Young Christian Democrats and Green Youth when the Edvard Grieg field started oil and gas production in 2016? How do these young politicians view the future of the Norwegian continental shelf and the oil and gas industry? Where - [Torvald Klaveness 2006–2016 charting a new course](https://cyprusshippingnews.com/2026/09/18/torvald-klaveness-2006-2016-charting-a-new-course/): By the mid-2000s, Klaveness had expanded its international presence, continued developing new shipping activities, and built interests that extended well beyond traditional ship ownership. Over the next ten years, the company’s structure, leadership and strategic direction would change significantly. As markets evolved and the business developed, Klaveness increasingly sharpened its focus around shipping and related - [World's first fore-accommodation LNG carrier equipped with MOL’s Wind Challenger receives LR Design Appraisal](https://cyprusshippingnews.com/2026/09/18/worlds-first-fore-accommodation-lng-carrier-equipped-with-mols-wind-challenger-receives-lr-design-appraisal/): LR's Design Appraisal confirms the technical readiness of HD Hyundai Heavy Industries' fore-accommodation LNG carrier design featuring MOL's Wind Challenger hard-sail system. Lloyd's Register has granted Design Appraisal for HD Hyundai Heavy Industries' fore-accommodation LNG carrier design featuring the Wind Challenger wind-assisted propulsion system developed by Mitsui O.S.K. Lines , confirming compliance with LR's Wind-Assisted - [Planet awarded Landmark German Federal Contract for Exclusive Access to Dedicated Satellite Constellation](https://cyprusshippingnews.com/2026/09/18/planet-awarded-landmark-german-federal-contract-for-exclusive-access-to-dedicated-satellite-constellation/): Agreement provides Germany with dedicated very high-resolution satellite tasking capabilities and a European-hosted data platform for Earth observation Planet Labs Germany, a leading provider of daily data and insights about change on Earth, announced that it has been awarded a Satellite Services tender by the German Federal Ministry of the Interior . This milestone award - [World’s first 5G PNT Network demonstrates Single-Digit-Meter positioning Performance](https://cyprusshippingnews.com/2026/09/18/worlds-first-5g-pnt-network-demonstrates-single-digit-meter-positioning-performance/): NextNav’s 5G-Powered 3D PNT Solution Delivers GPS-Like Positioning Accuracy Even Where Satellite Signals Fail NextNav , a leader in next-generation terrestrial positioning, navigation, and timing and 3D geolocation solutions, announced initial real-world field validation of single-digit-meter positioning performance using standards-based 5G Positioning Reference Signals . The company conducted field testing over the air in both - [Stop attacking merchant ships and seafarers IMO Secretary-General to Member States](https://cyprusshippingnews.com/2026/09/18/stop-attacking-merchant-ships-and-seafarers-imo-secretary-general-to-member-states/): Conflicts must not be used as pretext to attack merchant ships. The Secretary-General of the International Maritime Organization, Mr. Arsenio Dominguez, has called on Member States to refrain from actions that endanger merchant ships and put seafarers’ lives at risk. Addressing the IMO’s Sub-Committee on Carriage of Cargoes and Containers, the Secretary-General warned of the - [Nokia accelerates AI-RAN adoption as global operators embrace AI-native network evolution on NVIDIA platforms](https://cyprusshippingnews.com/2026/09/18/nokia-accelerates-ai-ran-adoption-as-global-operators-embrace-ai-native-network-evolution-on-nvidia-platforms/): A1 Group, Chunghwa Telecom, du, e&, Mobily, stc, TPG Telecom and Zain Saudi are among a growing number of operators advancing AI-RAN proofs of concept and live trials with Nokia, using NVIDIA Aerial RAN Computer. Operator engagement now spans North America, Europe, Asia-Pacific and the Middle East, highlighting growing industry momentum toward AI-native networks for - [SGMF publishes first ISO-compliant Life Cycle Assessment of methanol as a marine fuel](https://cyprusshippingnews.com/2026/09/18/sgmf-publishes-first-iso-compliant-life-cycle-assessment-of-methanol-as-a-marine-fuel/): New study completes SGMF’s portfolio of life cycle assessments across LNG, ammonia and methanol, providing a science-based reference point for the marine fuels transition. SGMF has published its latest Life Cycle Assessment on methanol as a marine fuel, highlighting the significant greenhouse gas reduction potential of renewable and synthetic methanol production pathways. The study evaluates - [Bunker Holding strengthens commercial leadership to drive customer value and growth](https://cyprusshippingnews.com/2026/09/18/bunker-holding-strengthens-commercial-leadership-to-drive-customer-value-and-growth/): Bunker Holding is reshaping its commercial leadership organisation to strengthen its commercial capabilities, bring fresh perspectives to the business and create even greater value for customers. Bunker Holding is coming off a strong year, with solid financial performance and continued momentum across the business. This comes alongside the continued execution of its ‘Fueling the Future’ - [Major LNG shipping firms launch trial to validate continuous emissions measurement technology](https://cyprusshippingnews.com/2026/09/21/major-lng-shipping-firms-launch-trial-to-validate-continuous-emissions-measurement-technology/): Lloyd's Register, Seapeak, Kongsberg Maritime and Tunable have joined forces to advance emissions compliance through the deployment and verification of onboard emissions monitoring technology. Lloyd’s Register , Seapeak, Kongsberg Maritime (KM), and Tunable have launched a new joint development project to facilitate compliance and independently verify the accuracy of KM’s Continuous Emissions Monitoring System , - [How the Shipping Sector must respond to UNEP’s Overshoot report](https://cyprusshippingnews.com/2026/09/18/how-the-shipping-sector-must-respond-to-uneps-overshoot-report/): Responding to the publication of the UN Environment Programme report Limiting Overshoot: Navigating exceedance of 1.5°C and pathways towards return, which finds that as “global temperature rise gets set to cross 1.5°C, pushing climate risks and impacts to dangerous new heights, the world must strive to return to below 1.5°C as soon as possible and - [Kalmar and ICTSI continue collaboration with hybrid straddle carrier order for new South Luzon Container Terminal](https://cyprusshippingnews.com/2026/09/18/kalmar-and-ictsi-continue-collaboration-with-hybrid-straddle-carrier-order-for-new-south-luzon-container-terminal/): Kalmar has concluded an agreement with International Container Terminal Services, to supply a total of 12 Kalmar hybrid straddle carriers. The machines will be deployed at the South Luzon Container Terminal, located within Bauan International Port in Batangas, the Philippines. The significant order, which also includes MyKalmar INSIGHT coverage for all machines, was booked in - [Intermodal Report Week 37 2026](https://cyprusshippingnews.com/2026/09/18/intermodal-report-week-37-2026/): Ps find below the Intermodal Report - Week 37 2026 Intermodal Report Week 37 2026 - [Allied Weekly Market Review Week 37](https://cyprusshippingnews.com/2026/09/18/allied-weekly-market-review-week-37-4/): Pls find below the Allied - Weekly Market Review - Week 37 ALLIED - Weekly Market Report- Week 37 - [Intellian and Network Innovations sign Strategic Partnership to develop and distribute Multi-Band, Multi-Orbit WGS Flyaway Terminals for Military and Government Markets](https://cyprusshippingnews.com/2026/09/18/intellian-and-network-innovations-sign-strategic-partnership-to-develop-and-distribute-multi-band-multi-orbit-wgs-flyaway-terminals-for-military-and-government-markets/): Agreement Paves the Way for Enhanced Flexibility and Resiliency with the Provisioning of Concurrent Mil-X, Mil Ka-band and Commercial Ka and Ku Frequencies Intellian Technologies a global provider of advanced satellite communications technologies and mission-critical connectivity solutions, and Network Innovations, a global technology systems integrator focused on government, military and enterprise sectors, today announced a strategic - [Meet the Panellists of the 2nd CSN Northern European Crewing Conference Panel Discussion - The Human Element: Mental Health, High Performance and the AI Revolution in Crew Sourcing](https://cyprusshippingnews.com/2026/09/18/meet-the-panellists-of-the-2nd-csn-northern-european-crewing-conference-panel-discussion-the-human-element-mental-health-high-performance-and-the-ai-revolution-in-crew-sourcing/): Meet the Panellists of the 2nd CSN Northern European Crewing Conference Panel Discussion - The Human Element: Mental Health, High Performance and the AI Revolution in Crew Sourcing. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability,” - [Meet the Panellists of the 2nd CSN Northern European Crewing Conference Panel Discussion - Technology in the Driver's Seat: Rethinking the Last Mile of Crew Change](https://cyprusshippingnews.com/2026/09/17/meet-the-panellists-of-the-2nd-csn-northern-european-crewing-conference-panel-discussion-technology-in-the-drivers-seat-rethinking-the-last-mile-of-crew-change/): Meet the Panellists of the 2nd CSN Northern European Crewing Conference Panel Discussion - Technology in the Driver's Seat: Rethinking the Last Mile of Crew Change. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability,” the 2nd - [KR and HD Hyundai Heavy Industries to jointly develop 3D model-based approval process for Ship Structural Design](https://cyprusshippingnews.com/2026/09/21/kr-and-hd-hyundai-heavy-industries-to-jointly-develop-3d-model-based-approval-process-for-ship-structural-design/): New process aims to streamline ship design and classification approval KR signed a Memorandum of Understanding with HD Hyundai Heavy Industries at Gastech 2026 in Bangkok on September 15 for the joint development of a 3D Model-Based Approval (3DMBA) process for ship structural design. The project aims to establish a new approval framework that will - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Eva Rodriguez - BSM](https://cyprusshippingnews.com/2026/09/16/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-eva-rodriguez-bsm/): Cyprus Shipping News announces that Eva Rodriguez joins as speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Eva Rodriguez, Group Director, Marine Workforce Development - Bernhard Schulte Shipmanagement - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Elias Constantinou - Acheon Akti Navigation](https://cyprusshippingnews.com/2026/09/16/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-elias-constantinou/): Cyprus Shipping News announces that Elias Constantinou joins as speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Elias Constantinou, Chief Operating Officer - Acheon Akti Navigation Elias Constantinou - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Thomas Boddy - International Chamber of Shipping](https://cyprusshippingnews.com/2026/09/16/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-thomas-boddy/): Cyprus Shipping News announces that Thomas Boddy joins as speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Thomas Boddy, Policy Officer (Employment Affairs) - International Chamber of Shipping - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Steve Yandell – ITF](https://cyprusshippingnews.com/2026/09/16/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-steve-yandell/): Cyprus Shipping News announces that Steve Yandell joins as speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Steve Yandell, Assistant Co-ordinator for ITF Seafarers Section – ITF Since - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Capt. Eugen Adami - Mastermind Shipmanagement](https://cyprusshippingnews.com/2026/09/16/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-capt-eugen-adami/): Cyprus Shipping News announces that Capt. Eugen Adami joins as speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Capt. Eugen Adami, Managing Director - Mastermind Shipmanagement He is - [ABP strengthens East Anglia Commercial Team to support regional growth](https://cyprusshippingnews.com/2026/09/18/abp-strengthens-east-anglia-commercial-team-to-support-regional-growth/): Associated British Ports has strengthened its East Anglia Commercial Team through the appointment of John Grace as Lead Commercial Manager, alongside the expansion of Tom Duit's role at the Port of Lowestoft and Simon Priddle's progression to Assistant Commercial Manager following the successful completion of the ABP Graduate Scheme. The appointments reflect ABP's continued commitment - [Hapag-Lloyd strengthens partnership with DP World to support growth in Africa](https://cyprusshippingnews.com/2026/09/17/hapag-lloyd-strengthens-partnership-with-dp-world-to-support-growth-in-africa/): Hapag-Lloyd to secure long-term terminal capacity across 5 key terminals Committing to new and expanded port infrastructure to accommodate future growth Partnership to strengthen Hapag-Lloyd’s future network and service offering across Africa Hapag-Lloyd and DP World have agreed to expand and further strengthen their long-standing cooperation in Africa. The partnership will focus on securing long-term - [Americas to lead global microgrids market growth through 2030, forecasts GlobalData](https://cyprusshippingnews.com/2026/09/18/americas-to-lead-global-microgrids-market-growth-through-2030-forecasts-globaldata/): The global microgrids market is poised for strong growth as governments, utilities, commercial facilities, military bases, and remote communities increase investment in resilient, decentralized, and digitally managed power systems. Rising grid reliability concerns, extreme weather events, renewable energy integration, and the need for a secure and reliable power supply are accelerating microgrid deployment across critical - [NeptuneZero named among the Thetius Top 150 for 2026](https://cyprusshippingnews.com/2026/09/17/neptunezero-named-among-the-thetius-top-150-for-2026/): Greek marine data collection company recognised for its automated sensor data collection and validation platform, now deployed on more than 150 vessels. – NeptuneZero, the fastest growing sensor data collection company in Greece, has been named among the Thetius Top 150 for 2026. Selected from more than 5,400 organisations assessed worldwide, NeptuneZero is one of - [Russia shifts to Hong Kong tankers as Greek operators exit Black Sea](https://cyprusshippingnews.com/2026/09/17/russia-shifts-to-hong-kong-tankers-as-greek-operators-exit-black-sea/): Russia turned to non-G7 tankers for seaborne crude sales to foreign buyers in August, especially those operated by Hong Kong companies, as Greek tanker firms steered clear of the Black Sea amid an escalation in maritime attacks. Tankers flagged, owned and operated by companies not based in G7 countries and their allies, and not insured - [Can Iran replace sea trade with land routes?](https://cyprusshippingnews.com/2026/09/17/can-iran-replace-sea-trade-with-land-routes/): Can land corridors offset the impact of the maritime blockade on Iran? The US-led maritime blockade targeting Iranian ports has severely disrupted trade through its southern ports, but it is also accelerating a strategy Tehran had discussed for years: moving more commerce through northern ports, railways and land corridors. Economy Minister Ali Madanizadeh, visiting Moscow - [YoungShip puts focus on attracting and developing shipping’s next generation](https://cyprusshippingnews.com/2026/09/17/youngship-puts-focus-on-attracting-and-developing-shippings-next-generation/): Shipping needs to attract a new generation of talent, help young professionals navigate an industry being reshaped by technology, regulation and geopolitics, and give them reasons to build long-term maritime careers. When YoungShip Denmark brought its international ShipCon conference to Copenhagen for the first time this summer, it put all three challenges on the agenda. - [Capesize Market Review Brazil's Ore corridors, the El Niño Rainfall Divide, and contracting against the C3](https://cyprusshippingnews.com/2026/09/17/capesize-market-review-brazils-ore-corridors-the-el-nino-rainfall-divide-and-contracting-against-the-c3/): C3 route performance into the third-quarter close With the third quarter nearing its close, the focus remains on C3 route performance, the spotlight of the Week 36 Dry Market Monitor. This review adds the developing north–south rainfall contrast across Brazil under a strengthening El Niño and the quarterly trend in Capesize contracting. It considers the - [Connecting Cyprus to the World: The Strategic Partnership Between the Cyprus Chamber of Commerce and Industry and the Cyprus Diaspora Forum](https://cyprusshippingnews.com/2026/09/16/connecting-cyprus-to-the-world-the-strategic-partnership-between-the-cyprus-chamber-of-commerce-and-industry-and-the-cyprus-diaspora-forum/): A shared vision transforming diaspora engagement into economic opportunity When the Cyprus Diaspora Forum was established in 2024, its ambition was clear: to create a global platform that would unite Cypriots of the diaspora, friends of Cyprus and investors from around the world, connecting them with local talent, businesses and opportunities. The Forum was created - [Cyprus Shipping Chamber continues 30 year Charity Tradition through its Beach Volley Tournament](https://cyprusshippingnews.com/2026/09/16/cyprus-shipping-chamber-continues-30-year-charity-tradition-through-its-beach-volley-tournament/): The Cyprus Shipping Chamber (CSC) successfully organised, once again, its annual Charity Beach Volley Tournament, which took place on 5, 6 and 13 September at the Limassol Municipality Beach Sports Centre. This year’s tournament brought together 23 Member-Companies of the Chamber, whose participation helped raise funds in support of the “One Dream – One Wish” - [Swap grey skies for Mediterranean sunshine with £200 off Fred Olsen cruises](https://cyprusshippingnews.com/2026/09/18/swap-grey-skies-for-mediterranean-sunshine-with-200-off-fred-olsen-cruises/): Fred. Olsen Cruise Lines is offering £200 per person savings on selected autumn and winter sailings for a limited time, inviting travellers to exchange cooler days at home for sunshine, culture and discovery. As the days begin to shorten and temperatures start to cool, Fred. Olsen Cruise Lines is helping travellers look ahead to warmer - [Ferretti Group takes centre stage at the 2026 World Yachts trophies,with five models on the podium at one of the most prestigious awards events in the International Yachting Industry](https://cyprusshippingnews.com/2026/09/17/ferretti-group-takes-centre-stage-at-the-2026-world-yachts-trophieswith-five-models-on-the-podium-at-one-of-the-most-prestigious-awards-events-in-the-international-yachting-industry/): Major prizes were awarded to Riva 56’ Rivale Super, Riva 96’ Argo Super, Riva 54Metri, Ferretti Yachts 720 and Custom Line Navetta 35. Great success for Ferretti Group at the 2026 World Yachts Trophies, the awards event promoted by SG Publications that each year marks the conclusion of the Cannes Yachting Festival. On the famous - [SES’s final three O3b mPOWER satellites successfully launched](https://cyprusshippingnews.com/2026/09/18/sess-final-three-o3b-mpower-satellites-successfully-launched/): Additional O3b mPOWER satellites complete constellation and strengthen performance, resiliency and reach of SES's MEO network SES announced the successful launch of its eleventh, twelfth and thirteenth O3b mPOWER satellites, further expanding its second-generation medium Earth orbit system designed to offer high-performance connectivity services around the world. The three satellites launched at 2:49 pm local - [Babcock LGE’s new LR-approved integrated cargo handling technology promises lower emissions and efficiency gains for gas carriers](https://cyprusshippingnews.com/2026/09/17/babcock-lges-new-lr-approved-integrated-cargo-handling-technology-promises-lower-emissions-and-efficiency-gains-for-gas-carriers/): Approval supports a new integrated reliquefication and fuel technology that enables liquefied gas carriers to extract greater value from energy already available onboard. Lloyd's Register has granted Approval in Principle to Babcock LGE's ecoAPEX™ cargo handling technology, which is designed to improve the efficiency of onboard reliquefaction and gas fuel systems for liquefied gas carriers. The - [SWISSto12 and Mitsubishi Electric Corporation announce strategic partnership](https://cyprusshippingnews.com/2026/09/17/swissto12-and-mitsubishi-electric-corporation-announce-strategic-partnership/): The Memorandum of Understanding and additional contract signal a new phase of collaboration on market development in the Asia Pacific region SWISSto12 announced a memorandum of understanding with Mitsubishi Electric Corporation to pursue joint opportunities on advanced payloads, radio frequency products, and market development in Japan and the APAC region Joint opportunities will leverage MELCO’s extensive - [Eutelsat Network Solutions and G&S SatCom bring greater control and agility to Government LEO connectivity](https://cyprusshippingnews.com/2026/09/17/eutelsat-network-solutions-and-gs-satcom-bring-greater-control-and-agility-to-government-leo-connectivity/): Enhanced Online Management Tool (OMT) provides customers greater control, faster service activation and actionable insight across OneWeb LEO connectivity Eutelsat Network Solutions, the company that empowers the U.S. government and its allies to connect confidently, and G&S SatCom announced the launch of the new version of Eutelsat Network Solutions' Online Management Tool . The solution, powered by - [Sophia Space and SLI set Terms for $300 Million Asset Financing for 10-Satellite High-Performance Edge Computing Constellation](https://cyprusshippingnews.com/2026/09/17/sophia-space-and-sli-set-terms-for-300-million-asset-financing-for-10-satellite-high-performance-edge-computing-constellation/): SLI's asset financing model, proven across other asset classes, such as transportation and energy, now accelerates deployment of orbital infrastructure Sophia Space announced a $300 million financing framework with aerospace leasing specialist, SLI, for a planned 10-satellite high-performance edge computing constellation, bringing proven financing models used to scale aviation, energy, maritime, rail, and telecommunications, into - [KR, HD Hyundai Heavy Industries, BAR Technologies and Liberian Registry join forces on wind-assisted LNG carrier](https://cyprusshippingnews.com/2026/09/18/kr-hd-hyundai-heavy-industries-bar-technologies-and-liberian-registry-join-forces-on-wind-assisted-lng-carrier/): - Joint project to assess the safety and regulatory compliance of WindWings® on a 174K LNG carrier - - Collaboration to advance the commercial application of wind-assisted propulsion technology - Korean Register has signed a Memorandum of Understanding with HD Hyundai Heavy Industries , UK-based wind propulsion technology company BAR Technologies, and the Liberian International - [Soiltech awarded expanded scope on Deepsea Yantai](https://cyprusshippingnews.com/2026/09/17/soiltech-awarded-expanded-scope-on-deepsea-yantai/): Soiltech’s scope on Deepsea Yantai under a contract with DNO and Elemental Energies in Norway has been expanded to include Soiltech’s SmartTransfer™ technology, with effect from fourth quarter 2026.The additional scope constitutes a large contract¹ for Soiltech and covers solid waste management services on the rig and the transfer of drill cuttings to shore by - [K Shipbuilding and Lloyd's Register explore ethanol's commercial potential in next-generation tanker design](https://cyprusshippingnews.com/2026/09/18/k-shipbuilding-and-lloyds-register-explore-ethanols-commercial-potential-in-next-generation-tanker-design/): K Shipbuilding and Lloyd's Register have signed a Memorandum of Understanding to jointly develop an ethanol-fuelled 50,000 dwt Medium Range tanker. Announced at Gastech 2026 in Bangkok, the joint development project will assess the technical feasibility, safety and regulatory compliance of a new ethanol-fuelled tanker design, with the objective of achieving Approval in Principle (AiP) - [The hidden patterns behind Maritime Accidents revealed in New Industry Report by ShipIn Systems PBC and NorthStandard](https://cyprusshippingnews.com/2026/09/17/the-hidden-patterns-behind-maritime-accidents-revealed-in-new-industry-report-by-shipin-systems-pbc-and-northstandard/): New research from ShipIn Systems PBC and NorthStandard shows that vessel-based risk is not only concentrated among a smaller proportion of vessels, but can also be identified through measurable operational patterns, giving ship and shore teams the opportunity to intervene earlier, focus support where it is most needed and prevent emerging issues from becoming incidents. - [HD KSOE secures LR approval for VesselWise autonomous machinery optimisation technology](https://cyprusshippingnews.com/2026/09/17/hd-ksoe-secures-lr-approval-for-vesselwise-autonomous-machinery-optimisation-technology/): VesselWise's autonomous machinery optimisation function has achieved LR Approval in Principle, paving the way for onboard validation of AI-enabled technology that supports more efficient vessel operation. Lloyd's Register has awarded Approval in Principle to HD Korea Shipbuilding & Offshore Engineering for VesselWise's ‘Autonomous Auxiliary Machinery Optimisation Function’, recognising the concept's compliance with the SAFE, PERFORM - [MOL announced approval in principle AiP acquired for standard low-pressure liquefied CO2 carrier toward realisation of CCS Business in Japan](https://cyprusshippingnews.com/2026/09/17/mol-announced-approval-in-principle-aip-acquired-for-standard-low-pressure-liquefied-co2-carrier-toward-realisation-of-ccs-business-in-japan/): First Successful Result for a Standard Design Framework Utilizing MILES AiP acquired after completing risk assessment of CO2 handling operations specific to low-pressure liquefied CO2 carriers and establishing a safety-focused design policy * Utilizes the MILES-based standard design framework to ensure stable construction and supply of liquefied CO2 carriers in Japan while improving economic efficiency - [ZERO44 brings carbon insetting and regulatory compliance together in industry-first solution](https://cyprusshippingnews.com/2026/09/17/zero44-brings-carbon-insetting-and-regulatory-compliance-together-in-industry-first-solution/): ZERO44, the maritime emissions compliance platform, has launched its new Carbon Insetting module, the industry's first software to bring regulatory compliance and carbon insetting decision-making into a single solution. Carbon insetting lets operators sell the emission reductions from low-carbon fuel use directly to cargo owners who want to cut their own Scope 3 emissions. It - [K Line announced approval in principle AiP acquired for standard low-pressure liquefied CO₂ carrier toward realization of CCS Business in Japan](https://cyprusshippingnews.com/2026/09/17/k-line-announced-approval-in-principle-aip-acquired-for-standard-low-pressure-liquefied-co₂-carrier-toward-realization-of-ccs-business-in-japan/): First Successful Result for a Standard Design Framework Utilizing MILES AiP acquired after completing risk assessment of CO2 handling operations specific to low-pressure liquefied CO2 carriers and establishing a safety-focused design policy Utilizes the MILES-based standard design framework to ensure stable construction and supply of liquefied CO2 carriers in Japan while improving economic efficiency Six - [DHT Holdings, secures three-year time charter for DHT panther](https://cyprusshippingnews.com/2026/09/17/dht-holdings-secures-three-year-time-charter-for-dht-panther/): DHT Holdings, announced it has entered into a three-year time charter agreement at $100,000 per day for the VLCC DHT Panther, built in 2016. The contract is expected to commence in October 2026 and has been concluded with a global energy company. - [xclusiv S&P Report 14th September 2026](https://cyprusshippingnews.com/2026/09/17/xclusiv-sp-report-14th-september-2026/): Pls find below the [xclusiv] S&P Report 14th September 2026 [xclusiv] 2026_09_14 - [KR and HD Hyundai Samho cut Structural Safety Review Time for partial launching with new program](https://cyprusshippingnews.com/2026/09/17/kr-and-hd-hyundai-samho-cut-structural-safety-review-time-for-partial-launching-with-new-program/): Automated structural modeling and load calculations enable faster structural safety assessments for partial launching Eight-month joint development project validated through application to an actual vessel, with completion certificate presented at Gastech 2026 KR and HD Hyundai Samho have jointly developed a program that enables rapid assessment of hull structural safety during partial launching in the - [Indian autonomy specialist accurate begins six vessel USV conversion for Indian Navy](https://cyprusshippingnews.com/2026/09/17/indian-autonomy-specialist-accurate-begins-six-vessel-usv-conversion-for-indian-navy/): Indian marine automation specialist Accurate Industrial Controls is set to begin converting three patrol boats to Unmanned Surface Vessels as part of a six-vessel deal with the Indian Navy. Pune-based Accurate said the company has already undertaken a feasibility assessment of the first three vessels ahead of converting them to fully autonomous boats at Mumbai’s - [Leghorn TCO Terminal Calata Orlando comes under the control of Neri Group and Nova Marine Carriers](https://cyprusshippingnews.com/2026/09/17/leghorn-tco-terminal-calata-orlando-comes-under-the-control-of-neri-group-and-nova-marine-carriers/): The Leghorn-based TCO (Terminal Calata Orlando) has come under the direct control of the Fratelli Neri and Nova Marine Carriers groups. A majority stake in TCO has been acquired by holding company NR Investimenti, jointly owned on an equal basis by the two groups, while the remaining stake is held by the family of Roberto - [The Swedish Club warns Cape Horn should remain ‘Plan C’ for Panama diversions](https://cyprusshippingnews.com/2026/09/17/the-swedish-club-warns-cape-horn-should-remain-plan-c-for-panama-diversions/): The Swedish Club has warned that southern passages around South America should remain a third-choice option for shipowners trading between the US East Coast and Asia, rather than a routine alternative to the Panama Canal. In a new Member Alert, the Club says current Panama restrictions remain manageable for most trades and do not, on their - [ICOMIA, EBI and NMMA launch Global Industry Survey to shape the Future of Boat Life Cycle Assessment](https://cyprusshippingnews.com/2026/09/17/icomia-ebi-and-nmma-launch-global-industry-survey-to-shape-the-future-of-boat-life-cycle-assessment/): Boatbuilders and supply chain worldwide invited to help develop a globally harmonised environmental assessment methodology for the recreational marine industry The International Council of Marine Industry Associations (ICOMIA), the European Boating Industry (EBI) and the National Marine Manufacturers Association (NMMA) have launched a global industry questionnaire to assess the recreational marine sector's readiness to adopt - [COLI Antwerp handles four out-of-gauge shipments across four continents](https://cyprusshippingnews.com/2026/09/17/coli-antwerp-handles-four-out-of-gauge-shipments-across-four-continents/): From a used Liebherr crane bound for an Ivorian mine to a Brazilian metro railcar heading for testing in France; each consignment got its own logistics and equipment. Starting in February and continuing into September 2026, the Antwerp office of COLI Group completed four project cargo shipments for their clients, end-clients, suppliers and partners in - [Vaisala targets growing hydrogen and renewable gas markets with its first intrinsically safe dew point instrument DMP370](https://cyprusshippingnews.com/2026/09/17/vaisala-targets-growing-hydrogen-and-renewable-gas-markets-with-its-first-intrinsically-safe-dew-point-instrument-dmp370/): Designed for hydrogen, biomethane and industrial gas infrastructure, the DMP370 delivers continuous dew point monitoring in hazardous locations. Vaisala, a global leader in measurement instruments and intelligence, launched the Vaisala DMP370 Intrinsically Safe Dew Point Instrument for hazardous locations. The new instrument extends Vaisala's proven DRYCAP® dew point technology into hazardous locations. Announced at Gastech - [InterMaritime Shipmanagement and Carsten Rehder announce strategic ship management joint venture](https://cyprusshippingnews.com/2026/09/15/intermaritime-shipmanagement-and-carsten-rehder-announce-strategic-ship-management-joint-venture/): The InterMaritime Group and Carsten Rehder are pleased to announce the formation of a strategic joint venture that will strengthen their ship management business and expand their presence in the German and Northern European maritime markets. The joint venture merges the complementary strengths, expertise and long-standing maritime experience of both organisations through equal ownership in - [Trump says oil and gas prices won’t fall until ‘right after’ midterm election](https://cyprusshippingnews.com/2026/09/15/trump-says-oil-and-gas-prices-wont-fall-until-right-after-midterm-election/): President Donald Trump said energy prices that have been elevated due to the Iran war will not come down until after the midterm elections, which are nearly two months away. “Right after the election, oil prices are going to be tumbling downward,” Trump told reporters at Joint Base Andrews before heading to Texas for the Republican - [Shipowners face growing financial risk from delayed EUA transfers, says EmissionLink](https://cyprusshippingnews.com/2026/09/15/shipowners-face-growing-financial-risk-from-delayed-eua-transfers-says-emissionlink/): EmissionLink has warned shipowners and operators that waiting until September to secure and transfer EU Allowances is creating unnecessary financial, commercial and compliance risk as the EU Emissions Trading System enters its next phase. Philippos Ioulianou, Managing Director of EmissionLink, said: “The problem is not the September deadline itself, but the industry’s habit of waiting until - [Mental Health Support Solutions calls for mandatory mental-health training for senior officers to help reduce suicide risk](https://cyprusshippingnews.com/2026/09/16/mental-health-support-solutions-calls-for-mandatory-mental-health-training-for-senior-officers-to-help-reduce-suicide-risk/): Mental Health Support Solutions (MHSS), part of OneCare Group, is calling on shipping companies to prioritise mental health and suicide prevention training for senior officers to help them recognise signs of a seafarer in crisis. As industries globally shine a spotlight on suicide prevention this month, MHSS says in maritime particular attention should be given - [Crude Tanker Rates Reach Record Levels](https://cyprusshippingnews.com/2026/09/16/crude-tanker-rates-reach-record-levels/): Clarksons Research, the data and intelligence arm of the Clarksons Group, have reported all-time highs for crude transportation costs following further disruption in the Middle East Gulf region. Reviewing the all-time high rates for crude tankers, Steve Gordon, Global Head of Clarksons Research, commented: Crude tanker rates hit all-time highs on Friday 12th September, supported - [Lloyd’s Register, HHI and KSOE to advance hybrid electric LNG carrier design](https://cyprusshippingnews.com/2026/09/16/lloyds-register-hhi-and-ksoe-to-advance-hybrid-electric-lng-carrier-design/): Hybrid electric propulsion is expected to play an increasingly important role in improving fuel efficiency and reducing emissions. Lloyd’s Register (LR) has joined forces with HD Korea Shipbuilding & Offshore Engineering (KSOE) and HD Hyundai Heavy Industries (HHI) to develop a new generation of LNG carrier designs using hybrid electric propulsion. The partners signed an - [Safe navigation and crew preparedness for operations in polar waters](https://cyprusshippingnews.com/2026/09/16/safe-navigation-and-crew-preparedness-for-operations-in-polar-waters/): Operations in the Arctic and Antarctic regions present unique navigational, operational, and environmental challenges that require thorough preparation and careful risk management. Extreme weather conditions, ice-covered waters, limited infrastructure, and the remoteness of these regions make polar voyages significantly more demanding than conventional trading routes. Shipowners, operators, masters, and crews must therefore ensure that vessels - [DNV and HD KSOE to collaborate on assurance frameworks for Software Defined Vessel technologies](https://cyprusshippingnews.com/2026/09/16/dnv-and-hd-ksoe-to-collaborate-on-assurance-frameworks-for-software-defined-vessel-technologies/): DNV and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) have signed a Memorandum of Understanding (MOU) to explore strategic collaboration on Software Defined Vessel (SDV) technologies and associated verification and assurance frameworks. The collaboration will combine HD KSOE’s work in SDV technologies and digital ship systems with DNV’s expertise in the independent assurance, verification, - [CSN London Maritime Forum "Shipping: Predicting an Unpredictable Future", 13 October - Save the Date](https://cyprusshippingnews.com/2026/09/16/csn-london-maritime-forum-shipping-predicting-an-unpredictable-future-13-october-save-the-date/): “Shipping: Predicting an Unpredictable Future” Date: 13 September 2026 Time: 09:00-16:00 Venue: Marriott Hotel Regent's Park Following the success of our events across Europe and Asia, Cyprus Shipping News is proud to present the inaugural CSN London Maritime Forum. In an era defined by profound geopolitical instability, shifting regulatory frameworks, and volatile capital markets, the maritime - [Odfjell Drilling received Letter of Award from Vår Energi](https://cyprusshippingnews.com/2026/09/16/odfjell-drilling-received-letter-of-award-from-var-energi/): Odfjell Drilling announced a Letter of Award with Vår Energi ASA for use of the Deepsea Bergen. The scope of work awarded covers a period of three years, starting in early 2028, following completion of the Deepsea Bergen’s current contract. The firm backlog covered under the LOA has an estimated contract value of USD 518 - [Jan de Nul announced Offshore wind farm Dieppe-Le Tréport halfway completed](https://cyprusshippingnews.com/2026/09/16/jan-de-nul-announced-offshore-wind-farm-dieppe-le-treport-halfway-completed/): This week, our jack-up installation vessel Vole au vent installed the 31st wind turbine at the French offshore wind farm Dieppe-Le Tréport, marking the halfway point of the installation campaign. Since kicking off in June, Vole au vent has installed 31 of the 62 turbines that will make up the wind farm, with a total - [Baker Hughes and Venture Global Advance Next Phase of U.S. Gas Infrastructure Growth](https://cyprusshippingnews.com/2026/09/16/baker-hughes-and-venture-global-advance-next-phase-of-u-s-gas-infrastructure-growth/): Secured a substantial order to supply gas compression systems for the Cloud Connector Pipeline project Awarded a major order for a modular liquefaction solution supporting Plaquemines LNG facility expansion Awards deepen long-standing strategic collaboration with Venture Global Baker Hughes and Venture Global LNG are expanding their long-standing collaboration to advance critical U.S. gas infrastructure. Reinforcing - [Register Now for the 2nd Northern European Crewing Conference in Hamburg 22 September 2026 - 1 Week Left](https://cyprusshippingnews.com/2026/09/15/register-now-for-the-2nd-northern-european-crewing-conference-in-hamburg-22-september-2026-1-week-left/): “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” REGISTER HERE Date: 22 September 2026 Time: 09:00-15:00 Venue: Hotel Hafen Hamburg - Elbkuppel The 2nd CSN Northern European Crewing Conference, titled “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability”, will take place on 22 September 2026 at the Hotel Hafen - [Alfa Laval selected by Saipem to supply heat transfer technology for one of Europe's largest carbon capture projects](https://cyprusshippingnews.com/2026/09/16/alfa-laval-selected-by-saipem-to-supply-heat-transfer-technology-for-one-of-europes-largest-carbon-capture-projects/): Alfa Laval has been selected by Saipem, the EPC (Engineering, Procurement, Construction) contractor for Stockholm Exergi's BECCS (Bioenergy with Carbon Capture and Storage) project to supply heat transfer equipment for one of Europe's largest bioenergy carbon capture facilities. The project is expected to begin operations in 2028 and will capture, liquify, and permanently store up - [Holland America Evolution debuts earlier, meeting Guest Demand for Highly Anticipated Transformation](https://cyprusshippingnews.com/2026/09/16/holland-america-evolution-debuts-earlier-meeting-guest-demand-for-highly-anticipated-transformation/): Oosterdam's Evolution being pulled forward by five weeks, adding several new cruises and opportunities to sail on the newly reimagined ship The Holland America Evolution transformation of Oosterdam will now occur five weeks earlier than previously scheduled, meeting strong guest demand for cruises on the newly reimagined ship. Oosterdam will start its renovation earlier than - [VIKAND launches VIPHARMA to strengthen global maritime medical supply chain](https://cyprusshippingnews.com/2026/09/16/vikand-launches-vipharma-to-strengthen-global-maritime-medical-supply-chain/): VIKAND, a global leader in maritime healthcare, today announces the launch of VIPHARMA, a new subsidiary providing global medical and pharmaceutical supply chain solutions for the maritime industry. The new subsidiary helps maritime operators navigate the complex process of sourcing, managing and delivering the pharmaceuticals, medical devices, equipment and consumables needed to support healthcare at - [Global coal demand set to increase this year amid Middle East conflict](https://cyprusshippingnews.com/2026/09/16/global-coal-demand-set-to-increase-this-year-amid-middle-east-conflict-2/): The IEA Mid-Year Update sees higher natural gas prices spurring a shift towards coal in some regions in 2026, with the Strait of Hormuz situation key for the 2027 outlook Energy market disruptions caused by the conflict in the Middle East are pushing global coal demand higher this year as sharp rises in natural gas prices - [MacGregor deliver cranes, handling equipment and deck machinery to four research vessels](https://cyprusshippingnews.com/2026/09/16/macgregor-deliver-cranes-handling-equipment-and-deck-machinery-to-four-research-vessels/): MacGregor has secured significant orders to deliver advanced deck cranes, handling equipment, and deck machinery for four new oceanographic research vessels. The orders were booked into MacGregor’s second and third quarter 2026 order intake, with equipment deliveries starting in 2027 and scheduled to complete by the third quarter of 2029 at the latest. Two of - [ESpanix deploys Nokia Deepfield Defender to protect Spain's internet traffic from DDoS attacks](https://cyprusshippingnews.com/2026/09/17/espanix-deploys-nokia-deepfield-defender-to-protect-spains-internet-traffic-from-ddos-attacks/): Spain's largest internet exchange point deploys Nokia's AI-driven DDoS security to detect and mitigate attacks that cross its Barcelona- and Madrid-based exchange platform within seconds. A new optional DDoS protection service is available to more than 200 national and international networks connected to ESpanix, which together serve the majority of internet end users in Spain. - [ABB and Oceanly collaborate on integrated vessel optimization](https://cyprusshippingnews.com/2026/09/16/abb-and-oceanly-collaborate-on-integrated-vessel-optimization/): ABB and Oceanly team up to connect and streamline performance and operational optimization by offering ABB’s voyage and route optimization on Oceanly Performance platform Oceanly, a maritime technology company providing vessel performance, data management and fleet optimization solutions and ABB, a global technology leader in electrification and automation, are collaborating to give shipowners and operators - [Getting to Zero Coalition calls on IMO Member States to secure an investable Net-Zero Framework](https://cyprusshippingnews.com/2026/09/16/getting-to-zero-coalition-calls-on-imo-member-states-to-secure-an-investable-net-zero-framework/): The Getting to Zero Coalition welcomes continued efforts to find common ground on a global framework for shipping’s energy transition, following the 22nd session of the International Maritime Organization’s Intersessional Working Group on the Reduction of GHG Emissions from Ships . Discussions last week revisited the postponed IMO Net-Zero Framework and considered a broader range - [Wirana urges action on ship recycling yard authorisation delays in India](https://cyprusshippingnews.com/2026/09/16/wirana-urges-action-on-ship-recycling-yard-authorisation-delays-in-india/): Rakesh Khetan, CEO of Wirana Shipping, has urged for swift action by designated Comptetent Authorities in India to resolve difficulties faced by ship recyclers in getting Document of Authorisation for Ship Recycling issued for their ship recycling facility, which shipowners are now requesting as part of documentation when deciding where to recycle their vessels. The - [USPS Salutes the U.S. Coast Guard Academy's 150 Years](https://cyprusshippingnews.com/2026/09/16/usps-salutes-the-u-s-coast-guard-academys-150-years/): The stamp celebrates all the cadets whose dedication embodies the Coast Guard motto: Semper Paratus (Always Ready) The Postal Service continues its tradition of honoring American military academies by issuing a stamp commemorating the 150th anniversary of the U.S. Coast Guard Academy. A dedication ceremony for the stamp was held today at Custom House Pier in - [Drydocks World and Cochin Shipyard form joint venture strengthen India's ship repair industry](https://cyprusshippingnews.com/2026/09/16/drydocks-world-and-cochin-shipyard-form-joint-venture-strengthen-indias-ship-repair-industry/): Drydocks World, a DP World company, and Cochin Shipyard Limited announced the signing of a joint venture agreement to operate and expand the International Ship Repair Facility Cochin. The agreement was signed by Captain Rado Antolovic, PhD, CEO, Drydocks World, and Mr. Jose V J, Chairman & Managing Director of Cochin Shipyard Ltd., on the sidelines - [Nord Gas Solutions Regasification System selected by Excelerate Energy for FSRU conversion project](https://cyprusshippingnews.com/2026/09/16/nord-gas-solutions-regasification-system-selected-by-excelerate-energy-for-fsru-conversion-project/): Nord Gas Solutions has been awarded a contract to supply the regasification system module for Excelerate Energy’s first FSRU conversion project. The module will be installed aboard the ’Methane Patricia Camila’, a 170,000 cbm LNG carrier that is being converted into a floating storage and regasification unit. The contract was awarded in July 2026. "Nord - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Gudmundur Ebenezer - Lifekeys](https://cyprusshippingnews.com/2026/09/15/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-gudmundur-ebenezer/): Cyprus Shipping News announces that Gudmundur Ebenezer joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Gudmundur Ebenezer, Founder & CEO - Lifekeys Gudmundur Ebenezer is a - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Alexandra Kaloulis - IMEQ Center](https://cyprusshippingnews.com/2026/09/15/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-alexandra-kaloulis/): Cyprus Shipping News announces that Alexandra Kaloulis joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Alexandra Kaloulis, Managing Director – IMEQ Center Alexandra Kaloulis began - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Valentina Gigante - Corsica Ferries](https://cyprusshippingnews.com/2026/09/15/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-valentina-gigante/): Cyprus Shipping News announces that Valentina Gigante joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Valentina Gigante, Shipboard Psychologist | Human Factors & HR – - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Silke Lehmköster - Hapag-Lloyd](https://cyprusshippingnews.com/2026/09/15/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-silke-lehmkoster/): Cyprus Shipping News announces that Silke Lehmköster joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Silke Lehmköster, Managing Director Fleet - Hapag-Lloyd Silke Lehmköster is Managing - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Capt. Manish Verma - Acheon Akti Navigation](https://cyprusshippingnews.com/2026/09/15/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-capt-manish-verma/): Cyprus Shipping News announces that Capt. Manish Verma joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Capt. Manish Verma, GM Marine Operations - Acheon Akti Navigation Marine - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Andreas Papachristophorou - Maritime Commercial & AI Consultant](https://cyprusshippingnews.com/2026/09/14/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-andreas-papachristophorou-maritime-commercial-ai-consultant/): Cyprus Shipping News announces that Andreas Papachristophorou joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Andreas Papachristophorou, Maritime Commercial & AI Consultant Andreas Papachristophorou, a long-standing - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Alan Croft - ISWAN](https://cyprusshippingnews.com/2026/09/14/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-alan-croft/): Cyprus Shipping News announces that Alan Croft joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Alan Croft Business Development Manager - International Seafarers' Welfare & Assistance - [DORIC WEEKLY INSIGHT 11 SEPTEMBER 2026](https://cyprusshippingnews.com/2026/09/14/doric-weekly-insight-11-september-2026/): Please find below the DORIC Market Insight for the week ending 11th September 2026. Weekly Report 11.09.2026 - [Dublin Port launches inaugural Community Hero Award to celebrate 25 years of Scholarship Programme](https://cyprusshippingnews.com/2026/09/16/dublin-port-launches-inaugural-community-hero-award-to-celebrate-25-years-of-scholarship-programme/): Nominations open to recognise local heroes across Ringsend, Irishtown, Pearse St, East Wall, Clontarf and surrounding areas Community Hero will receive €1,000 prize and €2,000 to donate to good cause Nominations open until September 25th Dublin Port has today launched a new Community Hero Award, calling on people across the port community to nominate someone - [Viking announces float out of Second Hydrogen-Powered Ship](https://cyprusshippingnews.com/2026/09/17/viking-announces-float-out-of-second-hydrogen-powered-ship/): Set to Debut in Spring 2027, the Viking Astrea Meets Water for the First Time Viking® announced that the Viking Astrea®, the company’s second hydrogen-powered cruise ship capable of operating with zero emissions, was “floated out,” marking a major construction milestone and the first time the ship has touched water. Scheduled for delivery in May 2027, - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Constantinos Vasiliou - Consulate General of the Republic of Cyprus in Hamburg](https://cyprusshippingnews.com/2026/09/11/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-constantinos-vasiliou/): Cyprus Shipping News announces that Constantinos Vasiliou joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Constantinos Vasiliou Marine Surveyor | Consul General – Consulate General of - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Norman Schmiedl - Columbia Blue](https://cyprusshippingnews.com/2026/09/11/meet-the-speakers-partner-of-the-2nd-csn-northern-european-crewing-conference-norman-schmiedl/): Cyprus Shipping News announces that Norman Schmiedl joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Mr. Schmiedl is the CEO of Columbia blue, responsible for leading - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Toomas Koost - Crewpoint Travel](https://cyprusshippingnews.com/2026/09/14/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-toomas-koost/): Cyprus Shipping News announces that Toomas Koost joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Toomas Koost, Chief Product Officer & Co-founder - Crewpoint Travel Toomas - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Marko Saul - Crewpoint Travel](https://cyprusshippingnews.com/2026/09/11/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-marko-saul/): Cyprus Shipping News announces that Marko Saul joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Marko Saul, CEO & Co-founder - Crewpoint Travel With nearly - [Meet The Speakers of the 2nd CSN Northern European Crewing Conference - Holger Jäde - VDR](https://cyprusshippingnews.com/2026/09/11/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-holger-jade/): Cyprus Shipping News announces that Holger Jäde joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Holger Jäde, Advisor Recruiting and Training – VDR Holger Jäde - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Capt. Özgür Alemdağ - Maritime Trainer](https://cyprusshippingnews.com/2026/09/14/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-capt-ozgur-alemdag/): Cyprus Shipping News announces that Capt. Özgür Alemdağ joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Capt. Özgür Alemdağ, CEO – Maritime Trainer Ozgur is - [Meet the Speakers of the 2nd CSN Northern European Crewing Conference - Angelos Samolis - Giovanti Travel](https://cyprusshippingnews.com/2026/09/14/meet-the-speakers-of-the-2nd-csn-northern-european-crewing-conference-angelos-samolis/): Cyprus Shipping News announces that Angelos Samolis joins as a speaker of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Angelos Samolis, Sales Manager - Giovanti Travel Angelos Samolis is an - [Port of Los Angeles posts best Three-Month Cargo stretch in Port History](https://cyprusshippingnews.com/2026/09/15/port-of-los-angeles-posts-best-three-month-cargo-stretch-in-port-history/): August Volume Tops 955,000 TEUs as Strong Summer Run Continues Port of Los Angeles waterfront workers processed 955,907 Twenty-Foot Equivalent Units (TEUs) in August, capping the busiest three consecutive months in Port history. More than 2.9 million TEUs moved across Port docks throughout June, July and August. August volume was 6% above the Port’s five-year average for - [UK Shipping Industry launches new UK Alternative Maritime Fuels Coalition](https://cyprusshippingnews.com/2026/09/15/uk-shipping-industry-launches-new-uk-alternative-maritime-fuels-coalition/): The UK Chamber of Shipping and Cruise Lines International Association (CLIA) have today announced the launch of the UK Alternative Maritime Fuels Coalition, bringing together shipowners, fuel suppliers, producers and maritime technology developers to help accelerate the transition to lower carbon shipping. The new coalition will focus on one of the biggest challenges facing maritime - [Pantaenius Yacht Insurance Agency Joins ICOMIA  as a sustaining member](https://cyprusshippingnews.com/2026/09/15/pantaenius-yacht-insurance-agency-joins-icomia-as-a-sustaining-member/): ICOMIA is pleased to welcome Pantaenius Yacht Insurance Agency as a new sustaining member. With more than 50 years of specialist experience in yacht insurance, Pantaenius has established itself as a leading provider of insurance solutions for yacht owners, operators and marine industry professionals worldwide. Today, more than 110,000 yacht owners across the globe trust - [Taoiseach Micheál Martin marks Dublin Port-based Construction Skills Course Crossing 4,000 Graduates](https://cyprusshippingnews.com/2026/09/15/taoiseach-micheal-martin-marks-dublin-port-based-construction-skills-course-crossing-4000-graduates/): Taoiseach Micheál Martin TD today marked a major milestone for the Dublin Construction Skills Project, based at Dublin Port, as today’s graduates brought the total number of graduates since 2017 to over 4,000. The project has become a vital source of trained labour for a construction industry facing huge demand for housing and infrastructure delivery. - [Green Utilisation of Ship and Ice Data for Emission Reduction](https://cyprusshippingnews.com/2026/09/15/green-utilisation-of-ship-and-ice-data-for-emission-reduction/): Operating vessels in polar waters presents unique challenges for safety, efficiency, and sustainability. When ships encounter sea ice or icebergs, fuel consumption can increase dramatically compared to operations in open water, resulting in higher operational costs and increased greenhouse gas emissions. As Arctic and Antarctic maritime activity continues to grow, there is a pressing need - [Svitzer signs contract with Cheoy Lee Shipyards for six additional 29-metre TRAnsverse tugs](https://cyprusshippingnews.com/2026/09/15/svitzer-signs-contract-with-cheoy-lee-shipyards-for-six-additional-29-metre-transverse-tugs/): Brings total number of TRAnsverse 2900 tugs on order with Cheoy Lee to 14. Reflects Svitzer’s ongoing investment in fleet growth and renewal with industry-leading TRAnsverse tug design. Contract signed as the first of the TRAnsverse 2900 builds with Cheoy Lee undergoes final stages of construction ahead of sea trials in Zhuhai, China. Svitzer, a - [Everllence expands Omnicare Portfolio with specialised Scrubber Lifecycle Support](https://cyprusshippingnews.com/2026/09/15/everllence-expands-omnicare-portfolio-with-specialised-scrubber-lifecycle-support/): Everllence PrimeServ Omnicare – Everllence's multi-brand lifecycle service offering – and ME Production – the leading scrubber specialist – have entered into a strategic cooperation to strengthen lifecycle support for Exhaust Gas Cleaning Systems (EGCSs). The new agreement will help vessel operators plan and execute scrubber maintenance more effectively during scheduled drydockings. As scrubbers have - [A new flagship, Winter Sun and festive cities: Five reasons to sail with MSC Cruises this Winter](https://cyprusshippingnews.com/2026/09/16/a-new-flagship-winter-sun-and-festive-cities-five-reasons-to-sail-with-msc-cruises-this-winter/): – From a brand-new flagship in the Mediterranean to winter sun in the Caribbean or Canary Islands and festive city breaks in Northern Europe, MSC Cruises’ winter 2026/2027 season will feature 168 destinations across 72 countries, offering holidaymakers one of its most varied winter programmes to date. A cruise offers exceptional value and a seamless, - [Carnival Tropicale reservations now open, setting sail from Galveston in 2028](https://cyprusshippingnews.com/2026/09/16/carnival-tropicale-reservations-now-open-setting-sail-from-galveston-in-2028/): Guests can now book Carnival Tropicale, Carnival Cruise Line's newest ship and the final addition to its Excel class. As bookings open, the cruise line is also celebrating the ship's progression from concept to reality at MEYER WERFT'S shipyard in Papenburg, Germany. Setting Sail from Galveston Everything is bigger in Texas, and beginning April 15, 2028, Carnival Tropicale will bring a whole - [Cunard's Queen Mary 2 will undergo stunning refurbishment to refine an icon for a new generation](https://cyprusshippingnews.com/2026/09/15/cunards-queen-mary-2-will-undergo-stunning-refurbishment-to-refine-an-icon-for-a-new-generation/): British luxury cruise line Cunard has announced a stunning refurbishment of Queen Mary 2, marking a new chapter for the world's only ocean liner as she prepares to enter dry dock in spring 2027. As the flagship of the Cunard fleet and the only ship in the world offering regularly scheduled Transatlantic Crossings between Southampton - [Carnival Corporation named to World's Best Companies 2026](https://cyprusshippingnews.com/2026/09/15/carnival-corporation-named-to-worlds-best-companies-2026/): World’s largest cruise company earns spot on TIME’s global ranking of companies exemplifying excellence in today’s corporate landscape Carnival Corporation, the world’s largest cruise company, was named to TIME’s fourth annual list of the World’s Best Companies 2026, recognizing the company for leading with responsibility and resilience. Presented by TIME and market research firm Statista, - [Panama Canal restrictions are landing on an already broken Chokepoint Map](https://cyprusshippingnews.com/2026/09/15/panama-canal-restrictions-are-landing-on-an-already-broken-chokepoint-map/): The Panama Canal Authority will run nine daily slots at the Neopanamax locks and 25 at the Panamax locks from September 4, averaging 34 transits per day. That falls again on September 15, when the limit drops to 32 ships. The canal had been averaging 35 daily transits through June against a capacity of around - [Acquisition of Atlantic Towing’s Offshore Division, a subsidiary of J.D. Irving](https://cyprusshippingnews.com/2026/09/15/acquisition-of-atlantic-towings-offshore-division-a-subsidiary-of-j-d-irving/): JDI and JPM GTG are pleased to announce the acquisition by JPM GTG of Atlantic Towing’s Offshore Division, to be renamed Sterling Atlantic Offshore (“Sterling”). The transaction is subject to Canadian regulatory approval and is expected to close in September 2026. Sterling comprises a fleet of five Offshore Support Vessels. The offshore management team, led - [Golf, maritime community and social responsibility came together at the 12th Greek Maritime Golf Event](https://cyprusshippingnews.com/2026/09/14/golf-maritime-community-and-social-responsibility-came-together-at-the-12th-greek-maritime-golf-event/): Against the backdrop of Messinia’s unique landscape and the golf courses of Costa Navarino, the Greek and international maritime community came together once again for its established annual gathering at the Greek Maritime Golf Event. From September 4 to 6, the event brought together leading executives from the maritime industry, combining golf with networking and - [Port of Long Beach Reports Best August on Record](https://cyprusshippingnews.com/2026/09/15/port-of-long-beach-reports-best-august-on-record/): = Capt. Stacey Crecy, commander of the U.S Coast Guard Sector Los Angeles-Long Beach, joined Port of Long Beach CEO Dr. Noel Hacegaba to announce the Port’s busiest August on record and the fifth-strongest month in the Port’s 115-year history. The Port of Long Beach moved 919,992 twenty-foot equivalent units last month, up 2% from - [SFL announced Charter Extension for 6 x 15,400 TEU vessels adding $750 Million Backlog](https://cyprusshippingnews.com/2026/09/15/sfl-announced-charter-extension-for-6-x-15400-teu-vessels-adding-750-million-backlog/): SFL Corporation Ltd. announced that it has agreed a charter extension for six 15,400 TEU container vessels with Hapag-Lloyd AG for additional seven years. The vessels will then have charter coverage until 2035-2036 at firm rates, reflecting the current strong container market. The new time charter contracts will add approximately $750 million to SFL’s fixed - [Adria Ferries reports significant Fuel Consumption Reduction Following Propspeed Application](https://cyprusshippingnews.com/2026/09/15/adria-ferries-reports-significant-fuel-consumption-reduction-following-propspeed-application-2/): Customer-Supplied Analysis Estimates AF MIA Saved Roughly 56 Tons of Fuel During the First Three Months Following Application Propspeed, a leading innovator in underwater biocide-free, foul-release coatings, announced today that Adria Ferries has reported a 2-3% reduction in fuel consumption aboard its passenger ferry AF MIA following the application of Propspeed to the vessel’s propeller blades. Adria - [DNV and Fassmer to cooperate on autonomous naval vessels ](https://cyprusshippingnews.com/2026/09/15/dnv-and-fassmer-to-cooperate-on-autonomous-naval-vessels/): DNV and Fr. Fassmer GmbH & Co. KG have signed a Memorandum of Understanding (MOU) to collaborate on the development and classification of autonomous and remotely operated vessels and systems for naval and governmental customers. The signing took place at the SMM Trade Fair in Hamburg. The new collaboration will support Fassmer's growing unmanned - [EIA raises oil price forecasts as Middle East supply drops](https://cyprusshippingnews.com/2026/09/15/eia-raises-oil-price-forecasts-as-middle-east-supply-drops/): The U.S. Energy Information Administration raised its oil price forecasts for 2026 and 2027 on Wednesday, citing rapidly falling global stockpiles due to lost Middle Eastern supply from the ongoing Iran conflict. The agency now expects Brent crude oil to average around $91 per barrel in the spot market this year, marking a nearly 5% - [Global coal demand set to increase this year amid Middle East conflict](https://cyprusshippingnews.com/2026/09/15/global-coal-demand-set-to-increase-this-year-amid-middle-east-conflict/): Energy market disruptions caused by the conflict in the Middle East are pushing global coal demand higher this year as sharp rises in natural gas prices prompt countries to turn to alternative sources, according to the IEA’s latest update on the coal sector. Although virtually no coal shipments pass through the Strait of Hormuz – - [York Space Systems’ Flight-Proven Platforms Selected by Tomorrow.io for DeepSky Early Warning Constellation](https://cyprusshippingnews.com/2026/09/16/york-space-systems-flight-proven-platforms-selected-by-tomorrow-io-for-deepsky-early-warning-constellation/): $187 million commercial contract for initial phase of Tomorrow.io’s planned global satellite constellation York Space Systems, a leading, US-based national defense and commercial prime providing a comprehensive suite of mission-enabling solutions, will serve as prime contractor for the initial phase of DeepSky, Tomorrow.io’s next-generation early warning constellation, delivering dozens of satellites on York’s flight-proven M-CLASS - [TrustPoint Partners with EnduroSat US to Build 40 Satellites, Scaling Its GPS-Independent PNT Constellation](https://cyprusshippingnews.com/2026/09/15/trustpoint-partners-with-endurosat-us-to-build-40-satellites-scaling-its-gps-independent-pnt-constellation/): Partnership with NASA- and ESA-trusted manufacturer EnduroSat US moves TrustPoint to constellation-scale production, with satellites delivered in three tranches TrustPoint, the world leader in C-band GNSS building the most advanced satellite navigation system in low earth orbit, today announced a contract award with EnduroSat US to build 40 satellites for its GPS-independent positioning, navigation and - [Avid and Google Cloud expand strategic partnership to deliver Browser-Based Media Composer and Agentic Creative Workflows](https://cyprusshippingnews.com/2026/09/16/avid-and-google-cloud-expand-strategic-partnership-to-deliver-browser-based-media-composer-and-agentic-creative-workflows/): New Chrome-based Avid Media Composer video editing and conversational media search built with Google Cloud's Gemini Enterprise help creative teams collaborate securely from anywhere Avid research shows editors embracing AI for practical tasks while overwhelmingly calling for technology that empowers creative control and efficiency New advances to be showcased for the first time at global - [SES launches new Content Orchestration and Hybrid Delivery Platform](https://cyprusshippingnews.com/2026/09/16/ses-launches-new-content-orchestration-and-hybrid-delivery-platform/): SES CORE enables media customers to manage, monitor and orchestrate content delivery through a single interface, increasing visibility, flexibility and signal reliability SES announced the launch of SES CORE, the first-of-its-kind content orchestration and hybrid delivery platform, designed to enable broadcasters and media customers to manage, monitor, and enable transmission of content seamlessly via satellite, - [stc group and Astranis advance Saudi Arabia’s connectivity with dedicated satellite](https://cyprusshippingnews.com/2026/09/16/stc-group-and-astranis-advance-saudi-arabias-connectivity-with-dedicated-satellite/): Dedicated satellite capacity to deliver enterprise-grade connectivity across Saudi Arabia’s networks in 2027. Partnership gives stc group full authority over payload configuration, coverage, and in-region data security. stc group, a leading digital enabler, and Astranis today announced an agreement to deploy a dedicated satellite serving the Kingdom of Saudi Arabia. The satellite, part of Astranis' - [Nord Gas Solutions’ Revolutionary VOC Recovery System to be installed on two first-of-a-kind, purpose-built Offshore Support Vessels](https://cyprusshippingnews.com/2026/09/15/nord-gas-solutions-revolutionary-voc-recovery-system-to-be-installed-on-two-first-of-a-kind-purpose-built-offshore-support-vessels/): As part of the development of Texas GulfLink, a transformational U.S. energy infrastructure project, Nord Gas Solutions will supply its advanced Volatile Organic Compound Recovery System for the project’s offshore crude oil loading operations in the Gulf of America. The system is designed to capture and recover VOC emissions generated during the loading of very - [Speedcast names Ross Rosenberg Chief Executive Officer to lead the company’s expansion from connectivity to AI-enabled network and edge intelligence](https://cyprusshippingnews.com/2026/09/15/speedcast-names-ross-rosenberg-chief-executive-officer-to-lead-the-companys-expansion-from-connectivity-to-ai-enabled-network-and-edge-intelligence/): Jim Frownfelter returns to executive chairman role after three years making Speedcast a leader in LEO connectivity solutions, bringing Starlink and other networks to customers worldwide Speedcast, a leading global provider of remote communications and IT solutions, announced the appointment of Ross Rosenberg as Chief Executive Officer, effective this month. Rosenberg succeeds Jim Frownfelter, who - [Beyond Speculation: Wärtsilä’s Bernd Bertram on Practical Propulsion, Carbon Capture, and Fleet Decarbonisation](https://cyprusshippingnews.com/2026/09/14/beyond-speculation-wartsilas-bernd-bertram-on-practical-propulsion-carbon-capture-and-fleet-decarbonisation/): At SMM 2026, the maritime industry’s decarbonisation debate has distinctly shifted from high-level ambition to pragmatic, data-led execution. As vessel operators navigate tightening regulatory frameworks such as CII and FuelEU Maritime alongside the looming 2030 IMO targets, the demand for clear, commercially viable pathways has never been higher. During the exhibition, Adonis Violaris sat down - [SEA-LNG calls on EU to protect the mass-balance pathway](https://cyprusshippingnews.com/2026/09/15/sea-lng-calls-on-eu-to-protect-the-mass-balance-pathway/): SEA-LNG publishes new position paper urging DG ENER to protect the mass-balance terminal pathway (liquefaction by equivalence) as it prepares proposed revisions to the RED III implementing framework. Industry coalition SEA-LNG is urging the European Commission’s Directorate-General for Energy (DG ENER) to protect the mass-balance terminal chain of custody. This comes ahead of expected proposed - [Trelleborg expands strategic partnership with SimWave through new Transfer Equipment Training Program](https://cyprusshippingnews.com/2026/09/15/trelleborg-expands-strategic-partnership-with-simwave-through-new-transfer-equipment-training-program/): Trelleborg Marine and Infrastructure and Simwave are launching the first modules of Trelleborg's specialized transfer equipment-focused training program at Gastech 2026 in Bangkok, marking a key milestone in the companies' ongoing strategic partnership. The program is designed to address critical crew competency gaps as LNG bunkering expands and alternative fuels gain momentum, creating new operational demands across - [EUMETSAT takes control of MTG-I2](https://cyprusshippingnews.com/2026/09/15/eumetsat-takes-control-of-mtg-i2/): EUMETSAT’s Mission Control Centre in Darmstadt, Germany, took over control of the newest addition to its fleet of meteorological satellites, Meteosat Third Generation Imager 2 (MTG-I2), on 9 September 2026, following the successful completion of its Launch and Early Orbit Phase (LEOP). MTG-I2 launched from Europe’s Spaceport in French Guiana on 27 August 2026 and - [U-Space and Tenchijin announce strategic partnership in the view to deploy Next-Generation Infrared Earth Observation System](https://cyprusshippingnews.com/2026/09/15/u-space-and-tenchijin-announce-strategic-partnership-in-the-view-to-deploy-next-generation-infrared-earth-observation-system/): U-Space (France) and Tenchijin (Japan) have signed a Memorandum of Understanding (MoU) for the deployment of a next-generation infrared Earth observation space system. The signing ceremony took place today during the bilateral sequence of the International Space Summit in Paris, officially cementing a commercial and technological alliance between the two NewSpace actors. This agreement reflects - [ATI and DP World commission six new hybrid cranes at Manila South Harbour](https://cyprusshippingnews.com/2026/09/15/ati-and-dp-world-commission-six-new-hybrid-cranes-at-manila-south-harbour/): Strategic partners DP World and Asian Terminals Inc. (ATI) have commissioned six state-of-the-art hybrid Rubber-Tyred Gantry (RTG) cranes at Manila South Harbour (MSH), strengthening the terminal’s capacity and supporting safer, more efficient and lower-emission operations. Manufactured by Shanghai Zhenhua Heavy Industries Co. (ZPMC), the new-generation RTGs use hybrid technology to reduce fuel consumption and emissions. - [MOL world's first LNG carrier equipped with Wind Challenger](https://cyprusshippingnews.com/2026/09/14/mol-worlds-first-lng-carrier-equipped-with-wind-challenger/): Scheduled for Delivery Under a Long-Term Charter to Chevron in Late September Mitsui O.S.K. Lines, announced that it held a naming ceremony on September 10, 2026, at Hanwha Ocean Geoje Shipyard in South Korea for the world's first LNG carrier that equipped with two units of Wind Challenger, Hard sail wind-assisted propulsion system. The vessel - [Optimarin Guardian receives DNV type approval](https://cyprusshippingnews.com/2026/09/14/optimarin-guardian-receives-dnv-type-approval/): Optimarin integrates proven Hyde Marine UV reactor technology with its established control system and component portfolio, creating a compact BWMS range from 60 to 3,000 m³/h. Optimarin has received DNV Type Approval for the Optimarin Guardian ballast water management system, completing the integration of Guardian into Optimarin’s product portfolio and making the system ready for - [DP World and GULFCAP AFRICA advance Mombasa industrial park investment with shareholders agreement](https://cyprusshippingnews.com/2026/09/14/dp-world-and-gulfcap-africa-advance-mombasa-industrial-park-investment-with-shareholders-agreement/): More than 60 local and international companies have expressed interest in the Special Economic Zone, which is expected to support more than 20,000 direct and indirect jobs when complete DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the - [Former Q88 executives launch new compliance platform Vessel Fact](https://cyprusshippingnews.com/2026/09/15/former-q88-executives-launch-new-compliance-platform-vessel-fact/): Former executives of Q88 have launched Vessel Fact, a maritime compliance and vessel data platform built on a single trusted vessel record. The company is led by Chief Executive Stephen Dudzic, who spent 15 years as Q88's Chief Technology Officer, alongside Chief Operations Officer Catherine Mancuso, whose experience spans almost 20 years both at sea - [IBIA condemns attacks on commercial shipping and calls for Greater Protection of Seafarers](https://cyprusshippingnews.com/2026/09/14/ibia-condemns-attacks-on-commercial-shipping-and-calls-for-greater-protection-of-seafarers/): Recent incidents affecting commercial shipping, including within our own bunkering community in the last 24 hours, have resulted in the tragic loss of seafarers' lives and left others injured or missing. On behalf of its Global Board and Secretariat, IBIA expresses its deepest sorrow for all those affected and extends its heartfelt condolences to the - [Volatile yen risks ‘confused’ global markets, chairman of Japanese shipping giant says](https://cyprusshippingnews.com/2026/09/14/volatile-yen-risks-confused-global-markets-chairman-of-japanese-shipping-giant-says/): While the weak yen is favorable to Japanese companies doing business elsewhere, the huge swings in the currency can be a problem, according to a top shipping executive. Mitsui OSK Lines’ revenue is mainly in U.S. dollars, so the company benefits from a depreciating yen, according to Chairman Takeshi Hashimoto. Mitsui OSK is the largest - [Six months into Hormuz blockade, Qatar and UAE test ways to keep LNG moving](https://cyprusshippingnews.com/2026/09/14/six-months-into-hormuz-blockade-qatar-and-uae-test-ways-to-keep-lng-moving/): LNG exporters are looking for ways around the disruption in Hormuz, with three Gulf cargoes recently moved using ship-to-ship transfers (STS) as Qatar and UAE exports remain far below pre-war levels. Qatar and the UAE are rerouting damaged LNG tankers via ship-to-ship transfers to keep gas flowing to buyers worldwide, in emergency operations that add - [Ships and seafarers increasingly caught in the crossfire of unrelated wars](https://cyprusshippingnews.com/2026/09/14/ships-and-seafarers-increasingly-caught-in-the-crossfire-of-unrelated-wars/): Four regions – the Strait of Hormuz, the Red Sea, the waters off Somalia, and the Black Sea – are now simultaneously active theatres of danger, on a scale the shipping industry has not seen before. Vessels and seafarers are being trapped and attacked in conflicts that have nothing to do with the ships themselves. - [How to optimise AI for the entire enterprise, not just the individual](https://cyprusshippingnews.com/2026/09/14/how-to-optimize-ai-for-the-entire-enterprise-not-just-the-individual/): There’s a classic Harvard case study, where a rowing coach selects his best eight rowers for the top team and his bottom eight rowers for the junior team. Contrary to what you would expect, the top team, with the fastest and strongest rowers, consistently lost to the junior team. The top team’s rowers focused entirely - [WinGD dual-fuel technology gives Polaris Shipping flexibility across methanol and ethanol](https://cyprusshippingnews.com/2026/09/14/wingd-dual-fuel-technology-gives-polaris-shipping-flexibility-across-methanol-and-ethanol/): Swiss marine power company WinGD has won a contract that will give Polaris Shipping true fuel flexibility for its future Newcastlemax fleet with an order of four X72DF-M-1.0 engines that can operate on methanol and ethanol. The ability to operate on either fuel gives Polaris Shipping greater flexibility to respond to changes in fuel availability, - [Vallourec and Aramco strengthen their partnership through the signing of an agreement for the supply of Oil Country Tubular Goods](https://cyprusshippingnews.com/2026/09/14/vallourec-and-aramco-strengthen-their-partnership-through-the-signing-of-an-agreement-for-the-supply-of-oil-country-tubular-goods/): Vallourec, a world leader in premium seamless tubular solutions, announces the signing of an agreement with Aramco to further strengthen the two companies’ commercial, industrial, and technological ties. The agreement was signed as part of the recent French- Saudi Investment Roundtable Meeting in Paris. Vallourec and Aramco have maintained a business relationship since 1962, when - [Kongsberg Maritime supply Kamewa waterjets for Australia's new Landing Craft Medium fleet](https://cyprusshippingnews.com/2026/09/14/kongsberg-maritime-supply-kamewa-waterjets-for-australias-new-landing-craft-medium-fleet/): Kongsberg Maritime has entered into an agreement with Austal Defence Shipbuilding Australia to supply Kamewa Steel Series waterjets for the Australian Army’s new Landing Craft Medium fleet. Under the agreement, Kongsberg Maritime will provide four Kamewa Steel Series waterjets for each vessel in the new class of landing craft to be delivered by Austal Defence - ['Port Partners' further connects business to opportunity](https://cyprusshippingnews.com/2026/09/14/port-partners-further-connects-business-to-opportunity/): Building on more than two decades of efforts to expand access to contracting opportunities for companies of all sizes, the Port of Long Beach is continuing to evolve how it connects with the business community. The Port Partners web portal launched Tuesday is a one-stop shop that makes it easier to access the tools, resources, guidance - [GreenIT starts production at two solar plants in Italy, marking a new milestone in its growth journey](https://cyprusshippingnews.com/2026/09/15/greenit-starts-production-at-two-solar-plants-in-italy-marking-a-new-milestone-in-its-growth-journey/): The projects, located in the Piedmont region, have a total capacity of approximately 19 MW and an expected annual generation of nearly 30 GWh New projects totalling around 30 MW are currently under construction, while a solar pipeline exceeding 300 MW is under development GreenIT, the joint venture owned by Plenitude (51%) and CDP Equity - [Nokia launches AI and edge platform to help mining and construction industries, public safety, and defense organizations run safer, more resilient field operations](https://cyprusshippingnews.com/2026/09/15/nokia-launches-ai-and-edge-platform-to-help-mining-and-construction-industries-public-safety-and-defense-organizations-run-safer-more-resilient-field-operations/): Nokia launched Cognitive Operations , a new platform that unifies mission-critical communications, accelerated edge computing, and operational AI for industries where failure in field operations is not an option. Nokia’s CO enhances site and asset intelligence for operational teams, whether they are managing and keeping a mine site connected, enabling emergency vehicles to share live - [KLine newbuilding LNG vessel for Toho Gas named TOHO EMERALD](https://cyprusshippingnews.com/2026/09/14/newbuilding-lng-vessel-for-toho-gas-named-toho-emerald/): Kawasaki Kisen Kaisha announced that the naming ceremony for a newbuilding LNG carrier was held at a Samsung Heavy Industries facility in South Korea on September 9, 2026. The newbuilding LNG carrier, owned through a joint venture with Toho LNG Shipping , a wholly owned subsidiary of Toho Gas C, was named TOHO EMERALD. The vessel - [McDermott awarded subsea contract for Cronos development in Cyprus](https://cyprusshippingnews.com/2026/09/14/mcdermott-awarded-subsea-contract-for-cronos-development-in-cyprus/): McDermott has been awarded a substantial* subsea contract by Eni Cyprus Limited (Eni) for the Cronos gas field development offshore Cyprus, marking McDermott's first subsea project award with Eni and expanding the company's presence in the Eastern Mediterranean region. Under the contract, McDermott will provide project management, engineering, procurement and installation support for the development - [Eni and PETRONAS explore innovative biofuel solutions](https://cyprusshippingnews.com/2026/09/14/eni-and-petronas-explore-innovative-biofuel-solutions/): Signed a Feasibility Agreement to evaluate high-performance, commercially scalable bio-gasoline for potential future applications During the 2026 Formula 1 Italian Grand Prix, Eni and PETRONAS have signed a Feasibility Agreement (FA) to evaluate the development of innovative high-performance bio-gasoline starting from the established Ecofining™ technology process, through which Eni has been producing HVO biofuels from - [SLB and Shearwater launch Amapá 3D Seismic Survey Offshore Brazil](https://cyprusshippingnews.com/2026/09/14/slb-and-shearwater-launch-amapa-3d-seismic-survey-offshore-brazil/): Survey will address critical data needs as exploration interest grows following the Morpho discovery Global energy technology company SLB (NYSE: SLB) today announced the launch of the Amapá 3D multi-client seismic survey in partnership with Shearwater GeoServices. Located offshore Amapá in northern Brazil’s Equatorial Margin, the project represents one of SLB’s most significant investments in - [Ant International, Mastercard and Visa Initiate Collaboration on Know-Your-Agent Interoperability to Scale Agentic Commerce](https://cyprusshippingnews.com/2026/09/14/ant-international-mastercard-and-visa-initiate-collaboration-on-know-your-agent-interoperability-to-scale-agentic-commerce/): Ant International, Mastercard, and Visa have begun collaboration on a Know-Your-Agent (KYA) interoperability framework, designed to help card networks, digital wallet ecosystems, agent platforms and marketplaces streamline agent onboarding and identification across networks, based on shared principles while preserving each network's own verification and decisioning processes. AI agents are evolving from making recommendations to completing - [World's Largest AI Infrastructure in Space announced by the president of the French Republic: Marlan Space and Loft Orbital Join Forces with Mistral and Global Space Industry Leaders to Build the Future of Agentic AI in Space with $1 Billion](https://cyprusshippingnews.com/2026/09/14/worlds-largest-ai-infrastructure-in-space-announced-by-the-president-of-the-french-republic-marlan-space-and-loft-orbital-join-forces-with-mistral-and-global-space-industry-leaders-to-build-the-fut/): Loft Orbital, a global space infrastructure company, and Marlan Space, a UAE-based investor and subsidiary of IHC, today announced a $1 billion program to build the world's largest artificial intelligence satellite infrastructure. The plan was announced at the International Space Summit in Paris by Marlan Space and Loft Orbital, by French President Emmanuel Macron. This - [BlackSky named exclusive provider of Very High-Resolution Electro-Optical Constellation for New International Initiative to build the World’s Largest Artificial Intelligence Infrastructure in Space](https://cyprusshippingnews.com/2026/09/14/blacksky-named-exclusive-provider-of-very-high-resolution-electro-optical-constellation-for-new-international-initiative-to-build-the-worlds-largest-artificial-intelligence-infrastructure-in/): BlackSky Gen-3 satellites will be part of a fifty-satellite constellation developed under a $1 billion investment led by a consortium of Marlan Space, Loft Orbital, Mistral AI and other global space leaders in UAE and France BlackSky Technology Inc. a leading provider of real-time space-based intelligence, was named the exclusive provider of very high resolution - [Eclipse Space unveils satellite platforms for customer-owned D2D, Broadband, and Orbital Data Center Constellations](https://cyprusshippingnews.com/2026/09/14/eclipse-space-unveils-satellite-platforms-for-customer-owned-d2d-broadband-and-orbital-data-center-constellations/): CitraSat, SliceSat, and SurgeSat give sovereign and commercial customers the infrastructure to own and control their constellations; Eclipse partners with Paris-based Gama on scalable space power systems Eclipse Space, a global provider of turnkey, customer-owned satellite constellations, today unveiled three satellite platforms designed to give nations and enterprises a faster path to owning and operating - [UnCruise Adventures increases capacity and opens bookings for 2028 Alaska Cruises in the Aleutian Islands](https://cyprusshippingnews.com/2026/09/14/uncruise-adventures-increases-capacity-and-opens-bookings-for-2028-alaska-cruises-in-the-aleutian-islands/): 74-guest Wilderness Explorer will take over the popular Alaska cruise itinerary due to strong booking demand UnCruise Adventures is more than doubling capacity on its popular Aleutian Islands Adventure with Dutch Harbor & Kodiak itinerary in 2028, shifting from the 36-guest yacht Safari Explorer to the 74-guest Wilderness Explorer due to strong booking demand. The - [Meet our Sponsors of the 2nd CSN Northern European Crewing Conference - Maritime Trainer](https://cyprusshippingnews.com/2026/09/10/meet-our-sponsors-of-the-2nd-csn-northern-european-crewing-conference-maritime-trainer/): Cyprus Shipping News announces that Maritime Trainer joins as Network Cocktail Sponsor of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability Register here Founded in 2011, Maritime Trainer is a leading provider of digital - [Meet our Sponsors of the 2nd CSN Northern European Crewing Conference - Columbia Group](https://cyprusshippingnews.com/2026/09/10/meet-our-sponsors-of-the-2nd-csn-northern-european-crewing-conference-columbia-group/): Cyprus Shipping News announces that Columbia Group joins as Coffee Break Sponsor of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability Register here Columbia Group, together with our partners, have developed a - [Meet our Sponsors of the 2nd CSN Northern European Crewing Conference - Giovanti Travel](https://cyprusshippingnews.com/2026/09/10/meet-our-sponsors-of-the-2nd-csn-northern-european-crewing-conference-giovanti-travel/): Cyprus Shipping News announces that Giovanti Travel joins as Welcome Coffee Sponsor of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here GIOVANTI TRAVEL & MSA Members of MARGROUPO Integrated Travel, - [Meet our Media Partner of the 2nd CSN Northern European Crewing Conference - Container News](https://cyprusshippingnews.com/2026/09/10/meet-our-supporters-of-the-2nd-csn-northern-european-crewing-conference-container-news/): Cyprus Shipping News announces that Container News joins as Media Partner of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability Register here Container News is one of the world’s leading media platforms - [Meet our Communication Partner of the 2nd CSN Northern European Crewing Conference - MASO Public Affairs](https://cyprusshippingnews.com/2026/09/10/meet-our-supporters-of-the-2nd-csn-northern-european-crewing-conference-maso-strategic/): Cyprus Shipping News announces that MASO Public Affairs joins as Communication Partner of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here MASO Public Affairs is a strategic advisory firm specialising in Public - [OneWater Marine announces strategic partnership with OceanWorld Group and Denison Yachting](https://cyprusshippingnews.com/2026/09/14/onewater-marine-announces-strategic-partnership-with-oceanworld-group-and-denison-yachting/): OneWater Marine Inc. announced that it has entered into a definitive agreement with OceanWorld Group (“OceanWorld”) to establish a strategic partnership for its Denison Yachting subsidiary, one of the world’s leading yacht brokerage and luxury yachting services businesses. Following the close of the transaction, OceanWorld will acquire a majority ownership interest in Denison Yachting, strengthening - [Bulwark Dynamics raises $6.8M to build Autonomous Landing Craft for contested logistics, partners with Japan's Onomichi Dockyard](https://cyprusshippingnews.com/2026/09/14/bulwark-dynamics-raises-6-8m-to-build-autonomous-landing-craft-for-contested-logistics-partners-with-japans-onomichi-dockyard/): Seed funding fuels production of autonomous vessels that sustain distributed forces across the Indo-Pacific — built where they'll be used. Bulwark Dynamics, a developer of autonomous landing craft, announced $6.8 million in seed funding from investors including SBI US Gateway Fund LP, Archetype Ventures, Nēnē Ventures, and Onomichi Dockyard. Proceeds will fund development and production - [Klaveness reflections on trading efficiency after a visit to M/V Penta](https://cyprusshippingnews.com/2026/09/14/klaveness-reflections-on-trading-efficiency-after-a-visit-to-m-v-penta/): This summer, the Klaveness Japan team were joined by Ryo Miura, Japanese representative of Baumarine by Klaveness pool member Taiship, for a visit to M/V Penta while the vessel was discharging grain in Mizushima, Japan. Beyond providing a close-up view of operations, the visit gave our team the opportunity to reflect on how strong collaboration - [Iran warns of maritime exclusion zone, strikes on U.S. Gulf energy assets](https://cyprusshippingnews.com/2026/09/11/iran-warns-of-maritime-exclusion-zone-strikes-on-u-s-gulf-energy-assets/): Iran threatened to respond to U.S. “economic warfare” with a maritime exclusion zone across the Persian Gulf, while Iranian-backed Houthi attacks on Saudi Arabia escalated tensions around regional energy supplies. Mohsen Rezaei, secretary of Iran’s Supreme National Security Council, said on X that Washington had received a “clear warning” from Iran’s new missiles and that - [Port congestion in Asia pushes carriers back to Suez as peak season splits across trade corridors](https://cyprusshippingnews.com/2026/09/11/port-congestion-in-asia-pushes-carriers-back-to-suez-as-peak-season-splits-across-trade-corridors/): Carrier network adjustments are happening at the service level The container market is becoming increasingly fragmented by trade corridor, with freight rates, cargo demand and available capacity moving in different directions across major routes. Sogese's base case points to gradual rebalancing, not a sharp rate correction Asia-Europe container freight rates are falling as port congestion - [Capesize in Focus — C3 at a Multi-Year High as Ordering Accelerates](https://cyprusshippingnews.com/2026/09/11/capesize-in-focus-c3-at-a-multi-year-high-as-ordering-accelerates/): The Capesize market strengthened sharply over the week, led by sustained momentum in the Atlantic. The Baltic Capesize Index (BCI) rose by 950 points to 6,286, while average C5TC earnings increased by $8,612 to approximately $53,508 per day. The strongest movement was recorded on the C3 Tubarão–Qingdao route, where freight climbed by $3.19 week on - [Riga host the Baltic Sea Ports Conference next year](https://cyprusshippingnews.com/2026/09/14/riga-host-the-baltic-sea-ports-conference-next-year/): On September 3 and 4, the annual conference of the Baltic Ports Organization took place in Turku, Finland. The event brought together port managers, maritime industry representatives, and experts from the Baltic Sea region. The Port of Riga was represented by Ansis Zeltiņš, the Freeport of Riga CEO and a BPO Board member. Under this - [Study identifies Viable Development Pathways for Port of Newcastle's Clean Energy Precinct](https://cyprusshippingnews.com/2026/09/11/study-identifies-viable-development-pathways-for-port-of-newcastles-clean-energy-precinct/): HPC Hamburg Port Consulting has delivered the final business case for Port of Newcastle's proposed Clean Energy Precinct . The study examined alternative ownership, governance and commercial structures for the 220-hectare development to support future investment and development decisions. Located at Australia's largest east coast port, the Clean Energy Precinct is intended to enable the - [Asia's first ICAO-approved SAF certification scheme "ClassNK SCS" enters full operation](https://cyprusshippingnews.com/2026/09/11/asias-first-icao-approved-saf-certification-scheme-classnk-scs-enters-full-operation/): First Certification Issued, Delivering Certification Services Tailored to Regional Regulations and Business Environments The first certification has been issued under "ClassNK SCS", the sustainable aviation fuel certification scheme operated by Nippon Kaiji Kyokai. This marks the entry into full-scale operation of ClassNK SCS, which in October 2024 became the first scheme in Asia to be - [Protecting the Croatian coastline from overboard pollution](https://cyprusshippingnews.com/2026/09/11/protecting-the-croatian-coastline-from-overboard-pollution/): When marine tourism leaves more than a drop in the ocean The coastline around Croatia is renowned for its crystal-clear seas attracting large numbers of charter yachts, cruise ships, and pleasure craft. Yet the majority of these vessels are inadvertently polluting the waters they operate in, emitting dirty water into the oceans. Regularly bilge water, - [9th Tripartite Meeting Cyprus – Greece – Malta with the participation of Italy](https://cyprusshippingnews.com/2026/09/10/9th-tripartite-meeting-cyprus-greece-malta-with-the-participation-of-italy/): The Shipping Deputy Ministry of the Republic of Cyprus hosted today in Limassol the 9th Tripartite Meeting of Cyprus, Greece and Malta, with the participation of Italy, reaffirming the strong maritime ties and excellent cooperation among the four countries. The meeting was chaired by the Shipping Deputy Minister to the President of the Republic of - [Moving past the waiting game: John Cooper of BAR Technologies on why shipping must embrace Wind Propulsion today](https://cyprusshippingnews.com/2026/09/10/moving-past-the-waiting-game-john-cooper-of-bar-technologies-on-why-shipping-must-embrace-wind-propulsion-today/): In the maritime industry's race toward decarbonisation, a dangerous mindset has taken hold: waiting for the perfect future fuel infrastructure before taking meaningful action. Speaking with Cyprus Shipping News at the recent SMM exhibition in Hamburg, John Cooper of BAR Technologies warned that shipowners can no longer afford to let regulatory fragmentation and fuel uncertainty - [Iran says it plans to announce a new ‘exclusion zone’ near the Strait of Hormuz](https://cyprusshippingnews.com/2026/09/11/iran-says-it-plans-to-announce-a-new-exclusion-zone-near-the-strait-of-hormuz/): The new head of Iran’s Supreme National Security Council on Sunday said Tehran plans to announce an “exclusion zone” outside the Strait of Hormuz aimed at vessels it believes are attempting to transit the waterway. Mohsen Rezaei’s comments to Iran’s state broadcaster came with few details, a day after the U.S. struck three Iranian - [New ABB and BCG report highlights growing role of direct current technologies in future power systems](https://cyprusshippingnews.com/2026/09/14/new-abb-and-bcg-report-highlights-growing-role-of-direct-current-technologies-in-future-power-systems/): Rapid expansion of AI computing, increasing electrification and rise of renewable energy are driving renewed interest in DC technology as part of future electrical systems Both AC and DC systems have strategically important roles in meeting future electricity demand Establishing common standards and developing DC-specific skills can help accelerate deployment ABB published a new report, - [Sea Machines secures IDIQ contract with US Special Operations Forces (SOF) for Universal Autonomy Systems](https://cyprusshippingnews.com/2026/09/11/sea-machines-secures-idiq-contract-with-us-special-operations-forces-sof-for-universal-autonomy-systems/): Sea Machines Robotics announced that it has secured a 5 year Indefinite Delivery Indefinite Quantity (IDIQ) contract to supply its commercial, non-developmental, TRL-9, rapidly deployable autonomy kits to US Special Operations Forces. The contract enables SOF to leverage Sea Machines to supply “drop-in” capability for autonomous command and control on global vessels of opportunity to - [Game-changing 'Just Eat' of the hose world launches](https://cyprusshippingnews.com/2026/09/11/game-changing-just-eat-of-the-hose-world-launches/): New app is a game changer for hydraulic hose safety and efficiency A SELF-SERVE app described as the 'Just Eat of the hydraulic hose industry' has been launched by engineering company Forth. Hosebuilder allows customers to design, order and manage hydraulic hoses in minutes, helping businesses reduce costs, improve efficiency and minimise expensive equipment downtime. Every hose manufactured - [PPG introduces PPG ONE RANGE portfolio for onboard maintenance](https://cyprusshippingnews.com/2026/09/11/ppg-introduces-ppg-one-range-portfolio-for-onboard-maintenance-2/): One-component coatings simplify maintenance, reduce application complexity PPG announced the launch of the PPG ONE RANGE™ portfolio of five one-component marine coatings at the SMM 2026 maritime industry trade fair in Hamburg, Germany. Designed to simplify onboard fleet maintenance, the portfolio helps crews complete maintenance projects more efficiently with ready-to-use, one-component coating solutions. PPG introduces - [90POE's OpenOcean STUDIO independently certified across major maritime emissions frameworks by Normec Verifavia](https://cyprusshippingnews.com/2026/09/11/90poes-openocean-studio-independently-certified-across-major-maritime-emissions-frameworks-by-normec-verifavia/): 90POE (Ninety Percent of Everything Ltd), the maritime software company behind OpenOcean STUDIO, has achieved independent certification from Normec Verifavia, confirming that its platform meets the data, process and functionality requirements of six major emissions and fuel compliance regimes. The certification covers: EU MRV (Regulation (EU) 2015/757 - Monitoring, Reporting and Verification) EU ETS (the - [Paisly expands into river cruising with Viking and Scenic Group](https://cyprusshippingnews.com/2026/09/14/paisly-expands-into-river-cruising-with-viking-and-scenic-group/): Viking, Scenic Luxury Cruises & Tours and Emerald Cruises & Tours are now available through JetBlue Vacations as Paisly continues to grow one of its fastest-growing travel categories. Paisly announced the addition of Viking, including its River, Ocean and Expedition voyages, along with Scenic Group, the parent company of Scenic Luxury Cruises & Tours and Emerald - [Hawker Operators gain access to High-Speed Starlink Connectivity through Textron Aviation Customer Support Network](https://cyprusshippingnews.com/2026/09/11/hawker-operators-gain-access-to-high-speed-starlink-connectivity-through-textron-aviation-customer-support-network/): Textron Aviation Inc., announced Starlink’s high-speed internet is now available for the Hawker 700, 800 and 900 series aircraft, following the Federal Aviation Administration’s (FAA) issuance of AeroMech’s Supplemental Type Certificate (STC). The STC includes the Starlink Aviation Performance Kit, which utilizes Starlink’s advanced constellation of Low Earth Orbit (LEO) satellites to help customers stay - [Hai Robotics selected to deliver the world's largest deployment of rack-climbing warehouse robots](https://cyprusshippingnews.com/2026/09/11/hai-robotics-selected-to-deliver-the-worlds-largest-deployment-of-rack-climbing-warehouse-robots/): Hai Robotics has been selected to provide automation technology for a new large-scale e-commerce fulfillment center operated by a leading European fashion retailer. At the heart of the project is Hai Robotics' award-winning HaiPick Climb system, representing the world's largest deployment of rack-climbing warehouse robots. The project sets a new benchmark for warehouse automation and - [The New Economics of Battery Trading in Europe](https://cyprusshippingnews.com/2026/09/11/the-new-economics-of-battery-trading-in-europe/): New Volue white paper says trading performance, not hardware, now decides what a European battery earns. New research released by Volue, a global leader in electrification technology, demonstrates that two European battery projects built to the same specification, at much the same cost, can earn very different returns. In its white paper, From Asset to - [LNG bunker fleet may need to more than double by 2030 to keep pace with growing fuel demand](https://cyprusshippingnews.com/2026/09/11/lng-bunker-fleet-may-need-to-more-than-double-by-2030-to-keep-pace-with-growing-fuel-demand/): The global LNG bunker vessel fleet may need to more than double by 2030 as demand from LNG-fuelled ships grows faster than the infrastructure required to supply them, according to a new DNV white paper. The report estimates that between 165 and 208 bunker vessels could be needed globally by the end of this decade. - [Bunker price volatility boosts freight rates for LNG-fueled dirty tankers](https://cyprusshippingnews.com/2026/09/11/bunker-price-volatility-boosts-freight-rates-for-lng-fueled-dirty-tankers/): Bunker price volatility was the key driver behind higher LNG-fueled dirty tanker freight rates, compared with conventional tanker freight values, Aug. 31-Sept. 4, across benchmark routes. Platts Base Rates for LNG-fueled tankers reflect such freight costs in $/mt and provide a measure of how LNG bunker economics affect voyage costs relative to conventional tanker markets. - [China’s strong trade growth continues, driven by tech demand](https://cyprusshippingnews.com/2026/09/11/chinas-strong-trade-growth-continues-driven-by-tech-demand/): Tech continues to power impressive export strength China’s exports grew by 25.0% year-on-year in August, up from 23.9% in July and broadly in line with market expectations (market: 25.9%, ING: 24.1%). Year-to-date, exports are now up 19.3% YoY to $2.92tn. The data shows that external demand remains strong, especially in China’s key export growth areas. - [European gas prices surge to highest since 2023 on Iranian threat](https://cyprusshippingnews.com/2026/09/11/european-gas-prices-surge-to-highest-since-2023-on-iranian-threat/): European wholesale natural gas prices spiked to their highest levels since early 2023, driven by mounting fears that escalating military confrontation involving Iran could disrupt vital energy transit through the Strait of Hormuz. Benchmark Dutch TTF gas futures surged past €75 per megawatt-hour, while equivalent British wholesale gas contracts followed suit, up at 186 per - [Goldman ups oil price forecasts as Mideast disruptions seen extending into 2027](https://cyprusshippingnews.com/2026/09/11/goldman-ups-oil-price-forecasts-as-mideast-disruptions-seen-extending-into-2027/): Goldman Sachs raised its Brent and WTI crude price forecasts on Sunday, expecting shipping disruptions in the Middle East to persist into next year. The team, led by Daan Struyven, lifted its Brent/WTI forecasts by $5 to $85/80 per barrel for December 2026 and to $80/75 for 2027. Markets, the strategists said, are increasingly pricing - [Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for new MGC vessels](https://cyprusshippingnews.com/2026/09/11/nord-gas-solutions-awarded-contract-for-cargo-handling-and-fuel-supply-systems-for-new-mgc-vessels-2/): Nord Gas Solutions has been contracted to supply the Cargo Handling System (CHS) and LPG Fuel Supply System (LFSS) for two new 40,000 m³ Medium Gas Carrier (MGC) vessels being built at HD Hyundai for the shipowner Byzantine Maritime. This contract was signed in June 2026. The award further reinforces the long-standing relationship between Nord - [On ever thinner ice reducing black carbon demands urgent action](https://cyprusshippingnews.com/2026/09/11/on-ever-thinner-ice-reducing-black-carbon-demands-urgent-action/): International Maritime Organization deliberations are underway on an Arctic polar fuel requirement to help stop the Arctic meltdown and cut black carbon emissions A new report released demonstrates why the International Maritime Organization should immediately act to reduce black carbon pollution by requiring the use of cleaner marine fuels in the Arctic. The report by - [DP World Gulfcap Africa advance Mombasa Industrial Park Investment with shareholders agreement](https://cyprusshippingnews.com/2026/09/11/dp-world-gulfcap-africa-advance-mombasa-industrial-park-investment-with-shareholders-agreement/): More than 60 local and international companies have expressed interest in the Special Economic Zone, which is expected to support more than 20,000 direct and indirect jobs when complete DP World and Kenya-based GulfCap Africa have taken the next step in the development of the Mombasa Industrial Park, signing a Shareholders Agreement that formalises the - [Intermodal Report Week 36 2026](https://cyprusshippingnews.com/2026/09/11/intermodal-report-week-36-2026/): Pls find below the Intermodal Report - Week 36 2026 Intermodal Report Week 36 2026 - [Allied Weekly Market Review Week 36](https://cyprusshippingnews.com/2026/09/11/allied-weekly-market-review-week-36-4/): Pls find below the Allied - Weekly Market Review - Week 36 ALLIED - Weekly Market Report- Week 36 - [SES strengthens Peruvian Navy Operations with New Multi-Orbit Satellite Solution](https://cyprusshippingnews.com/2026/09/11/ses-strengthens-peruvian-navy-operations-with-new-multi-orbit-satellite-solution-2/): New agreement delivers secure, high-performance communications for Foreign Training Voyage VIEX-2026 of the Sailing Training Ship B.A.P “UNIÓN” SES, a space solutions company, extends its collaboration with the Peruvian Navy to deliver sovereign, multi-orbit satellite connectivity combining geostationary and low earth orbit services, supporting the Navy’s coastal bases, aircraft, and vessels operating in the maritime - [SAP’s first embodied AI Jam brings customers, robots, and AI together to develop viable use cases in days, not weeks](https://cyprusshippingnews.com/2026/09/10/saps-first-embodied-ai-jam-brings-customers-robots-and-ai-together-to-develop-viable-use-cases-in-days-not-weeks/): A robodog weaves it way between tables. A small drone purrs overhead. Humanoids pick, pack, and pose for photos. Welcome to SAP’s first Embodied AI Jam. Last week, SAP customers gathered at the Swiss Smart Factory in Biel, Switzerland, to experience firsthand how robots and SAP software can work together to solve real business challenges. - [Farcast completes Telesat Lightspeed antenna technology demonstration milestone](https://cyprusshippingnews.com/2026/09/10/farcast-completes-telesat-lightspeed-antenna-technology-demonstration-milestone/): Telesat LEO ULC, a subsidiary of Telesat Corporation, one of the world’s largest and most innovative satellite operators, and Farcast, a San Francisco-based startup building advanced satellite user terminals, announced the successful completion of a collaborative technology demonstration program. Building on their previously announced agreement, the two companies have successfully demonstrated key capabilities of Farcast’s - [Seahawk Investments launches dedicated Maritime Credit Fund](https://cyprusshippingnews.com/2026/09/10/seahawk-investments-launches-dedicated-maritime-credit-fund/): Seahawk Investments announces the launch of the Seahawk Maritime Credit Fund , a Luxembourg-domiciled Reserved Alternative Investment Fund dedicated to providing flexible, asset-backed financing solutions to the global maritime transportation sector. Its first sub fund SMCF I is backed by a renowned family office in the maritime industry. The launch of the first sub-fund comes - [Reimagined Ocean Bar debuts on Oosterdam with expanded entertainment](https://cyprusshippingnews.com/2026/09/11/reimagined-ocean-bar-debuts-on-oosterdam-with-expanded-entertainment-2/): New live music offerings, enhanced performance venue and heritage-inspired design come together as part of Holland America Evolution Key Highlights New Ocean Bar debuts aboard Oosterdam as part of Holland America Evolution. New stage expands entertainment offerings, including Vivace Strings, soloists, pianists and late-night cabaret. Relocated bar and redesigned layout bring guests closer to live - [New medical offline tool transforms Germany’s Maritime Medical Handbook into practical, immediate support for crews facing medical incidents onboard](https://cyprusshippingnews.com/2026/09/10/new-medical-offline-tool-transforms-germanys-maritime-medical-handbook-into-practical-immediate-support-for-crews-facing-medical-incidents-onboard/): Seafarers facing a medical emergency at sea can now access practical, step-by-step medical guidance directly from their mobile device through MediSea, an offline-capable tool designed to support crew members providing medical care when no doctor is onboard. The initiative was presented at SMM in Hamburg on behalf of the German Federal Ministry of Transport and the - [The eleventh Ferretti Group "Private Preview"kicks off the Autumn boat show season with an exclusive live performance by Onerepublic](https://cyprusshippingnews.com/2026/09/11/the-eleventh-ferretti-group-private-previewkicks-off-the-autumn-boat-show-season-with-an-exclusive-live-performance-by-onerepublic/): Forty-one Ferretti Group yachts lit up the scene at the traditional international preview event held at the Yacht Club de Monaco. An outstanding fleet, a series of world premieres and a spectacular live show: the eleventh Ferretti Group Private Preview opened the autumn yachting season in a spirit of excellence and memorable experiences. The event, - [Saipem awarded a new contract in Türkiye for the client GOE Petrol Sanayi](https://cyprusshippingnews.com/2026/09/10/saipem-awarded-a-new-contract-in-turkiye-for-the-client-goe-petrol-sanayi/): Saipem has been awarded a new contract by GOE Petrol Sanayi for the Commissioning Services of the Osman Gazi Floating Production Unit (FPU), intended for the development of the Sakarya gas field in the Turkish Black Sea. The award follows the Operation Readiness & Assurance support services contract granted to Saipem in April 2026 and - [Freeport East pushes Green Freight Corridor with backing for electric truck hub at Port of Felixstowe](https://cyprusshippingnews.com/2026/09/10/freeport-east-pushes-green-freight-corridor-with-backing-for-electric-truck-hub-at-port-of-felixstowe/): Freeport East has joined the push to decarbonise heavy goods vehicles travelling to and from the Port of Felixstowe by providing an initial £50k to support Maritime Transport’s plans for a new electric truck hub on a freeport site. The proposed electric truck hub, led by Maritime and planned for a site on Anzani Avenue - [Guanlan AI Applications: Higher Accuracy, Lower Cost, Smarter Interaction](https://cyprusshippingnews.com/2026/09/10/guanlan-ai-applications-higher-accuracy-lower-cost-smarter-interaction/): It's over a year since Hikvision launched the Guanlan large-scale AI models. In a very real sense, today's video systems 'understand' what they are looking at. They also know what has already been recorded and, thanks to the natural language innovations, what the user wants. These are the things that let a product fit the - [GSBN appoints BIMCO to its Board, deepening collaboration to advance Paperless Trade](https://cyprusshippingnews.com/2026/09/10/gsbn-appoints-bimco-to-its-board-deepening-collaboration-to-advance-paperless-trade/): Global Shipping Business Network (GSBN), a neutral, not-for-profit consortium enabling paperless, accessible and sustainable global trade, announced the appointment of BIMCO to its board. The appointment builds on a longstanding collaboration between GSBN and BIMCO to support the adoption of electronic Bills of Lading (eBLs), advance industry standards and accelerate paperless trade across global trade. - [Denmark’s energy islands to become regional game changers as offshore wind surges, says GlobalData](https://cyprusshippingnews.com/2026/09/10/denmarks-energy-islands-to-become-regional-game-changers-as-offshore-wind-surges-says-globaldata/): Offshore wind is becoming the backbone of Denmark’s clean energy future. The country plans to establish an artificial island in the North Sea with an initial capacity of 3GW and another island-based hub at Bornholm in the Baltic Sea. These hubs collect electricity from offshore turbines, transmit power onshore and to neighboring countries, and can - [IUMI highlights avoidable disruption and costs from non-compliant wood packaging](https://cyprusshippingnews.com/2026/09/10/iumi-highlights-avoidable-disruption-and-costs-from-non-compliant-wood-packaging/): The International Union of Marine Insurance is highlighting the often-overlooked risks that non-compliant wood packaging material can create for international cargo shipments. A new guidance paper from IUMI examines the insurance implications of non-compliance with International Standard for Phytosanitary Measures No. 15 (ISPM 15), which governs the use of wood packaging material such as pallets, - [Europe’s busiest ports ranked: Which move the most goods?](https://cyprusshippingnews.com/2026/09/09/europes-busiest-ports-ranked-which-move-the-most-goods/): Sea shipping keeps Europe fed, fuelled and supplied — and this year, the Iran war’s disruptions to shipping routes have thrust it into the headlines. Euronews looked at the busiest ports in Europe by volume of goods transported. Maritime transport plays a key role in moving goods. Globally, around 13 billion tonnes of traded goods - [Hurtigruten launches flight-inclusive offer across 250+ departures in 2027](https://cyprusshippingnews.com/2026/09/11/hurtigruten-launches-flight-inclusive-offer-across-250-departures-in-2027/): Hurtigruten, the leader in iconic Norwegian coastal voyages, has announced a new wave offer of at least 15% off 2027 fly cruises. Available across 250+ select Signature and Original voyages, when booked between today and 9 November 2026, this discount enables guests to discover Norway no matter the time of year, for less. The offer - [Jassper Shipping to Invest US$50M, Puts India at Center of Global Push](https://cyprusshippingnews.com/2026/09/10/jassper-shipping-to-invest-us50m-puts-india-at-center-of-global-push/): Jassper Shipping, a project logistics and specialised cargo solutions company, today announced a growth capital programme of up to US$50 million, subject to prevailing market conditions, requisite regulatory approvals and internal corporate authorizations, to be deployed over the next three years. The intended capital infusion aligns to India's infrastructure, manufacturing and energy expansion, while integrating - [Jotun Yachting highlights 50% lower carbon footprint with Imperial fouling protection](https://cyprusshippingnews.com/2026/09/10/jotun-yachting-highlights-50-lower-carbon-footprint-with-imperial-fouling-protection/): New analysis demonstrates the environmental and operational benefits of advanced hull protection for superyachts. Jotun has unveiled new analysis showing that its Imperial Fouling Protection System can deliver an approximately 50% lower carbon footprint over a 30-year service life compared with a conventional antifouling coating system, reinforcing the importance of effective hull protection in the - [Norwegian Cruise Line celebrates the opening of its all-new great tides waterpark on its private island, great stirrup cay, with an exclusive preview event](https://cyprusshippingnews.com/2026/09/10/norwegian-cruise-line-celebrates-the-opening-of-its-all-new-great-tides-waterpark-on-its-private-island-great-stirrup-cay-with-an-exclusive-preview-event/): NCL Ushers in a New Era for Its Private Island with a Ribbon-Cutting Ceremony Featuring Bahamian Officials, Followed by an Exclusive Preview of the Waterpark’s New Attractions and Culinary Offerings The Official Grand Opening for Guests will Take Place on Sept. 4, 2026, When Norwegian LunaTM Calls to NCL’s Private Island Norwegian Cruise Line® the - [Meet our Sponsors of the 2nd CSN Northern European Crewing Conference - IMEQ - Gold Sponsor](https://cyprusshippingnews.com/2026/09/09/meet-our-sponsors-of-the-2nd-csn-northern-european-crewing-conference-imeq-gold-sponsor/): Cyprus Shipping News announces that IMEQ joins as Gold Sponsor of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability". Register here IMEQ© is a leading provider of remote online Mental Health Screening, - [Meet our Sponsors of the 2nd CSN Northern European Crewing Conference - Crewpoint - Platinum Sponsor](https://cyprusshippingnews.com/2026/09/09/meet-our-sponsors-of-the-2nd-csn-northern-european-crewing-conference-crewpoint/): Cyprus Shipping News announces that Crewpoint joins as Platinum Sponsor of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here With over a decade of marine travel expertise, Crewpoint is the - [DNV at SMM DNV and GRSE sign advanced shipbuilding MoU](https://cyprusshippingnews.com/2026/09/10/dnv-at-smm-dnv-and-grse-sign-advanced-shipbuilding-mou/): At the SMM trade fair in Hamburg last week, DNV and Garden Reach Shipbuilders and Engineers Limited have signed a Memorandum of Understanding for a new strategic collaboration on advanced shipbuilding, digitalization, green technologies and competence development, supporting the growth of India’s maritime and defence sectors. Under the agreement, DNV will support GRSE by providing - [Nokia launches industry-first initiative to help operators accelerate network innovation](https://cyprusshippingnews.com/2026/09/10/nokia-launches-industry-first-initiative-to-help-operators-accelerate-network-innovation/): Mobile Core Early Access offers a practical, hands-on way to explore the latest mobile core capabilities and use cases. Live hosted environment gives telecommunication providers and enterprises a platform to evaluate, plan, and adopt cutting-edge technologies. Nokia announced Mobile Core Early Access, a live hosted environment that provides an up-close look at the software driving - [Hiab earns CMMC Level 2 certification in the US, strengthening its position in the defense supply chain](https://cyprusshippingnews.com/2026/09/11/hiab-earns-cmmc-level-2-certification-in-the-us-strengthening-its-position-in-the-defense-supply-chain/): Hiab, a leading provider of smart and sustainable on-road load handling solutions, has achieved the US certification for the Cybersecurity Maturity Model Certification Level 2, following a third-party assessment. The certification places Hiab in a small first group of companies to have reached this standard. The milestone demonstrates Hiab's position as a frontrunner in independently - [Nord Gas Solutions awarded contract for cargo handling and fuel supply systems for new MGC vessels](https://cyprusshippingnews.com/2026/09/10/nord-gas-solutions-awarded-contract-for-cargo-handling-and-fuel-supply-systems-for-new-mgc-vessels/): Nord Gas Solutions has been contracted to supply the Cargo Handling System and LPG Fuel Supply System for two new 40,000 m³ Medium Gas Carrier vessels being built at HD Hyundai for the shipowner Byzantine Maritime. This contract was signed in June 2026. The award further reinforces the long-standing relationship between Nord Gas Solutions and - [bound4blue secures Bureau Veritas Design Assessment for Model 3-24 eSAIL®](https://cyprusshippingnews.com/2026/09/10/bound4blue-secures-bureau-veritas-design-assessment-for-model-3-24-esail/): Bureau Veritas Design Assessment reinforces independent confidence in bound4blue’s eSAIL® technology Recognition comes as bound4blue’s suction sail installations climb to 13 operational vessels, with six more in its orderbook bound4blue has received a Design Assessment from Bureau Veritas Marine & Offshore for its flagship Model 3-24 eSAIL®, developed to maximise the contribution of wind propulsion on - [Regent Seven Seas Cruises® unveils largest-ever Spa and Wellness Experience Aboard Seven Seas Prestige™](https://cyprusshippingnews.com/2026/09/10/regent-seven-seas-cruises-unveils-largest-ever-spa-and-wellness-experience-aboard-seven-seas-prestige/): Regent Seven Seas Cruises®, the world’s leading ultra-luxury cruise line, has unveiled its largest-ever wellness offering aboard Seven Seas Prestige™, the line’s first new ship class in a decade, featuring the fleet's largest Serene Spa & Wellness® space, Regent's first-ever salt room, first-ever in-suite gym and an expanded menu of longevity-focused treatments when the ship - [xclusiv S&P Report 7th September 2026](https://cyprusshippingnews.com/2026/09/10/xclusiv-sp-report-7th-september-2026/): Pls find below the [xclusiv] S&P Report 7th September 2026 [xclusiv] 2026_09_07 - [Register Now for the 2nd Northern European Crewing Conference in Hamburg 22 September 2026 - 2 Weeks Left](https://cyprusshippingnews.com/2026/09/08/register-now-for-the-2nd-northern-european-crewing-conference-in-hamburg-22-september-2026-2-weeks-left/): “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” REGISTER HERE Date: 22 September 2026 Time: 09:00-15:00 Venue: Hotel Hafen Hamburg - Elbkuppel The 2nd CSN Northern European Crewing Conference, titled “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability”, will take place on 22 September 2026 at the Hotel Hafen - [Meet our Sponsors of the 2nd CSN Northern European Crewing Conference - Acheon Akti Navigation - Gold Sponsor](https://cyprusshippingnews.com/2026/09/09/meet-our-sponsors-of-the-2nd-csn-northern-european-crewing-conference-acheon-akti-navigation/): Cyprus Shipping News announces that Acheon Akti Navigation joins as Gold Sponsor of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability". Register here Acheon Akti Navigation established in Limassol, Cyprus in 2002 - [Meet our Supporters of the 2nd CSN Northern European Crewing Conference - ZVDS](https://cyprusshippingnews.com/2026/09/08/meet-our-supporters-of-the-2nd-csn-northern-european-crewing-conference-zvds/): Cyprus Shipping News announces that ZVDS - Zentralverband Deutscher Schiffsmakler e.V. joins as Supporter of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability”. Register here The German Shipbrokers´ Association (ZVDS) is the - [Meet our Supporters of the 2nd CSN Northern European Crewing Conference - IMEC](https://cyprusshippingnews.com/2026/09/08/meet-our-supporters-of-the-2nd-csn-northern-european-crewing-conference-imec/): Cyprus Shipping News announces that IMEC joins as Supporter of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability”. Register here The International Maritime Employers' Council (IMEC) is the only global employers' organisation - [Meet our Supporters of the 2nd CSN Northern European Crewing Conference - VDR](https://cyprusshippingnews.com/2026/09/08/meet-our-supporters-of-the-2nd-csn-northern-european-crewing-conference-vdr/): Cyprus Shipping News announces that Verband Deutscher Reeder (VDR) has placed the 2nd CSN Northern European Crewing Conference under their auspices. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability”. Register here The German Shipowners’ Association (VDR) is a leading - [Meet our Sponsors of the 2nd CSN Northern European Crewing Conference - Antaeus Travel Group - Travel Sponsor](https://cyprusshippingnews.com/2026/09/09/meet-our-supporters-of-the-2nd-csn-northern-european-crewing-conference-antaeus-travel-group/): Cyprus Shipping News announces that Antaeus Travel Group joins as Travel Sponsor of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability” Register here Started back in 1988, Antaeus Travel Group has become - [Meet our Supporters of the 2nd CSN Northern European Crewing Conference - Shipping Deputy Ministry of Cyprus](https://cyprusshippingnews.com/2026/09/08/meet-our-supporters-of-the-2nd-csn-northern-european-crewing-conference-shipping-deputy-ministry-of-cyprus/): Cyprus Shipping News announces that Shipping Deputy Ministry of Cyprus joins as Supporter of the 2nd CSN Northern European Crewing Conference. The Conference will take place on 22 September 2026 at the Hotel Hafen Hamburg – Elbkuppel in Hamburg. Under the theme “Crewing 5.0: Bridging the Gap Between Digital Efficiency and Human Reliability”. Register here Shipping Deputy Ministry of Cyprus Cyprus is a - [A new flagship, Winter and festive cities: Five reasons to sail with MSC Cruises this Winter](https://cyprusshippingnews.com/2026/09/08/a-new-flagship-winter-and-festive-cities-five-reasons-to-sail-with-msc-cruises-this-winter/): – From a brand-new flagship in the Mediterranean to winter sun in the Caribbean or Canary Islands and festive city breaks in Northern Europe, MSC Cruises’ winter 2026/2027 season will feature 168 destinations across 72 countries, offering holidaymakers one of its most varied winter programmes to date. A cruise offers exceptional value and a seamless, - [50 new trainees start Danish Shipping Education](https://cyprusshippingnews.com/2026/09/10/50-new-trainees-start-danish-shipping-education/): 50 trainees from 21 different maritime companies and 17 different nationalities started Danish Shipping’s trainee programme. This morning, 50 trainees arrived at Danish Shipping’s offices in Amaliegade for the first module of their two-year shipping trainee programme. Among the new students were Christopher Juhl Christensen, trainee at Ocean7 Projects, and Frøydis Åsheim, trainee at NORDEN. - [New practitioner resources launched to help shipping prepare for ammonia-fueled vessels](https://cyprusshippingnews.com/2026/09/10/new-practitioner-resources-launched-to-help-shipping-prepare-for-ammonia-fueled-vessels/): These resources provide practical guidance to build the competencies and safety management organizations needed for ammonia-fueled shipping. Lloyd's Register Maritime Decarbonisation Hub (The Decarb Hub) and the Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping (MMMCZCS) have launched a new suite of resources to help shipowners, operators and managers prepare for the safe adoption of - [Manta Marine Technologies to provide end-to-end delivery of Foreship’s proven air lubrication technology](https://cyprusshippingnews.com/2026/09/10/manta-marine-technologies-to-provide-end-to-end-delivery-of-foreships-proven-air-lubrication-technology/): Manta Marine Technologies (MMT) and Foreship by RINA have signed a framework agreement to strengthen the delivery of air lubrication technology to the maritime industry. Under the agreement, MMT will assume full responsibility for Manta Air Lubrication, a solution based on Foreship's air lubrication system design. Manta Air Lubrication is a proven energy-efficiency solution installed - [Fred. Olsen Cruise Lines celebrates 20 years of sailing from Newcastle](https://cyprusshippingnews.com/2026/09/09/fred-olsen-cruise-lines-celebrates-20-years-of-sailing-from-newcastle/): Fred. Olsen Cruise Lines marked 20 years of sailing from Newcastle yesterday with a special programme of entertainment for guests joining smallest ship, Balmoral, at the Port of Tyne. Since launching its inaugural programme of sailings from Newcastle in 2006, Fred. Olsen Cruise Lines has welcomed more than 180,000 guests aboard its fleet of smaller - [Ferretti Yachts 720. The evolution of the flybridge icon plays a starring role at the Cannes Yachting Festival and the Genoa Boat Show. THURSDAY, SEPTEMBER 3, 2026 Ferretti Yachts 720. The evolution of the flybridge icon plays a starring role at the Cannes Yachting Festival and the Genoa Boat Show](https://cyprusshippingnews.com/2026/09/09/ferretti-yachts-720-the-evolution-of-the-flybridge-icon-plays-a-starring-role-at-the-cannes-yachting-festival-and-the-genoa-boat-show-thursday-september-3-2026-ferretti-yachts-720-the-evolution/): The new model is set to steal the international yachting scene, with a standout redesign that enhances every space on board. Ravenna, September 3, 2026 – Ferretti Yachts 720 will be in the spotlight again at the Cannes Yachting Festival 2026, held from September 8 to 13, and the Genoa International Boat Show, from October - [American Cruise Lines names 2 more new U.S. Riverboats: American Beauty & American Rhapsody](https://cyprusshippingnews.com/2026/09/09/american-cruise-lines-names-2-more-new-u-s-riverboats-american-beauty-american-rhapsody/): American Cruise Lines is pleased to announce the names of two more U.S.-built small ships: American Beauty, a new riverboat for the Mississippi that will launch in 2028, and American Rhapsody, another new riverboat for the Columbia and Snake Rivers that will launch in 2029. These riverboats represent the 29th and 30th ships in the - [History for European spaceflight: Isar Aerospace reaches orbit and deploys payloads on second flight](https://cyprusshippingnews.com/2026/09/11/history-for-european-spaceflight-isar-aerospace-reaches-orbit-and-deploys-payloads-on-second-flight/): Isar Aerospace became the first commercial space company from Europe to successfully deliver satellites into orbit, on what was only its second flight. Mission ‘Onward and Upward’ lifted off from Isar Aerospace’s dedicated launch complex at Andøya Space in Norway at 10:12 pm CEST, deploying payloads in orbit. “Today, Isar Aerospace opened space from Continental - [Isar Aerospace signs launch contract with Astroscale Japan](https://cyprusshippingnews.com/2026/09/10/isar-aerospace-signs-launch-contract-with-astroscale-japan/): Isar Aerospace has signed a launch service agreement with Astroscale Japan Inc. to launch the active debris removal mission ADRAS-J2 aboard its Spectrum launch vehicle. Part of the Japan Aerospace Exploration Agency's (JAXA) Commercial Removal of Debris Demonstration project, ADRAS-J2 is targeted for launch between 2027 and 2028 from Isar Aerospace's dedicated launch pad at - [Isar Aerospace signs contract with ESA under the European Launcher Challenge](https://cyprusshippingnews.com/2026/09/09/isar-aerospace-signs-contract-with-esa-under-the-european-launcher-challenge/): Space company Isar Aerospace has signed a contract with the European Space Agency (ESA) under the European Launcher Challenge (ELC), securing approximately EUR 200 million in program commitments. With this backing Isar Aerospace will accelerate the development of the next generation of launch vehicles, the expansion of test and launch infrastructure to increase launch cadence, - [Sceye and SoftBank complete stratospheric connectivity demonstration in Japan, advancing towards HAPS commercialisation](https://cyprusshippingnews.com/2026/09/09/sceye-and-softbank-complete-stratospheric-connectivity-demonstration-in-japan-advancing-towards-haps-commercialisation/): First mission of Sceye’s Service Test Program travels more than 15,000 km from New Mexico to Japan in the stratosphere, backhauls into SoftBank Corp.’s core network, verifies Direct-to-Device and edge computing capabilities and HAPS-based communications with drones. Sceye, a U.S. aerospace and material science company specializing in High-Altitude Platform Systems (HAPS) for telecommunications and real-time - [Ad hoc HHLA lowers expectations for the 2026 financial year](https://cyprusshippingnews.com/2026/09/10/ad-hoc-hhla-lowers-expectations-for-the-2026-financial-year/): Based on the business development to date and updated estimates for the further development of the 2026 financial year, the Executive Board of Hamburger Hafen und Logistik AG decided to adjust the outlook for the current financial year. The extensive modernisation measures to automate the Hamburg container terminals together with comprehensive infrastructure measures relating to the - [NKT qualifies 525 kV HVDC subsea power cable system for operation at 90 °C](https://cyprusshippingnews.com/2026/09/09/nkt-qualifies-525-kv-hvdc-subsea-power-cable-system-for-operation-at-90-c/): NKT launches a fully qualified 525 kV HVDC power cable system for operation with a 90 °C conductor temperature. This enables increased transmission capability, strengthening the performance of the company’s HVDC portfolio for offshore wind, hybrid interconnectors, and future cross-continent transmission lines. NKT has qualified a 525 kV HVDC extruded XLPE subsea power cable system - [Top honour for ABP’s apprentice](https://cyprusshippingnews.com/2026/09/09/top-honour-for-abps-apprentice/): Associated British Ports’ is delighted that another of its engineering apprentices has scooped an Apprentice of the Year award – the third win this year for the Humber. Charlie Hickson, Mechanical Engineer Apprentice, was named the top apprentice out of a very strong group at the Humberside Engineering Training Association (HETA) awards. He started at - [Santos to increase interest in Papua LNG](https://cyprusshippingnews.com/2026/09/10/santos-to-increase-interest-in-papua-lng/): TotalEnergies has agreed with ExxonMobil to transfer operatorship of the Papua LNG project to ExxonMobil PNG Antelope Limited, in parallel with a partial sell-down of its participating interest to the other Papua LNG joint venture partners in proportion to their existing interests. As part of this transaction, Santos has executed a binding agreement to acquire - [Santos achieves significant milestone at Pikka oil project, advancing ramp-up to plateau production](https://cyprusshippingnews.com/2026/09/09/santos-achieves-significant-milestone-at-pikka-oil-project-advancing-ramp-up-to-plateau-production/): Santos announced the successful commencement of seawater injection at the Nanushuk Drillsite-B (NDB) of the Pikka oil project on Alaska’s North Slope. On-specification water export from the seawater treatment plant began on 18 August, building inventory across the approximately 75-kilometre seawater pipeline connecting the Beaufort Sea to the Pikka project site. Injection into the reservoir - [PETRONAS advances Malaysia's Upstream Data Platform with Agentic AI to Accelerate E&P Investment](https://cyprusshippingnews.com/2026/09/09/petronas-advances-malaysias-upstream-data-platform-with-agentic-ai-to-accelerate-ep-investment/): PETRONAS, through Malaysia Petroleum Management (MPM), recently signed an agreement with Iraya Energies Sdn Bhd (Iraya Energies) to enhance PETRONAS myPROdata with Agentic AI capabilities, providing investors and industry players with insight to Malaysia’s exploration and production data to support informed investment decisions and reinforce the country’s attractiveness as an upstream investment destination. PETRONAS myPROdata - [SLB OneSubsea awarded controls umbilicals contract for Azule Energy's West Hub Tails project offshore Angola](https://cyprusshippingnews.com/2026/09/09/slb-onesubsea-awarded-controls-umbilicals-contract-for-azule-energys-west-hub-tails-project-offshore-angola/): Contract supports transition of production from the aging Ngoma FPSO to the new, lower-emissions Agogo FPSO, extending SLB OneSubsea's long-standing partnership with Azule Energy SLB OneSubsea has been awarded a contract by Azule Energy to supply controls umbilicals for the West Hub Tails project, part of the Integrated West Hub (IWH) development in Block 15/06, - [Cyprus and Bahrain forge stronger maritime ties with Landmark Shipping MoU](https://cyprusshippingnews.com/2026/09/08/cyprus-and-bahrain-forge-stronger-maritime-ties-with-landmark-shipping-mou/): Cyprus Shipping Deputy Minister, Marina Hadjimanolis, is currently undertaking a strategic state visit to Bahrain to solidify maritime relations between the two nations. The visit, taking place from 5 to 8 September 2026, marks a significant step forward in bilateral cooperation, highlighted by the signing of a Memorandum of Understanding (MoU) in the field of - [US and Iran trade retaliatory attacks on ships as conflict flares](https://cyprusshippingnews.com/2026/09/09/us-and-iran-trade-retaliatory-attacks-on-ships-as-conflict-flares/): The US and Iran traded retaliatory attacks on ships on Saturday, in the latest round of strikes since fighting flared up a week ago following a month of relative calm. The US military said it had “permanently disabled” two Iran-linked oil tankers, including one near Kharg Island, and “completely destroyed” a third in the Gulf - [Silicon Motion reaches initial milestone in EU Cyber Resilience Act Compliance Program](https://cyprusshippingnews.com/2026/09/09/silicon-motion-reaches-initial-milestone-in-eu-cyber-resilience-act-compliance-program/): Company strengthens product security and post-market vulnerability management in line with the EU’s evolving cybersecurity requirements Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced that it has completed the first stage of its compliance program for the European Union Cyber Resilience - [Panama Canal postpones Neopanamax draft adjustment](https://cyprusshippingnews.com/2026/09/09/panama-canal-postpones-neopanamax-draft-adjustment/): The Panama Canal will maintain the current maximum authorised draft for vessels transiting the Neopanamax Locks which will allow customers to continue operating under the existing 14.63-meter (48.0-foot) Tropical Fresh Water (TFW) limit. A previously announced reduction to 14.48 meters (47.5 feet) TFW, which was scheduled to take effect on October 1, 2026, has been - [ShipIn Systems becomes maritime technology’s first Public Benefit Corporation](https://cyprusshippingnews.com/2026/09/09/shipin-systems-becomes-maritime-technologys-first-public-benefit-corporation/): Board unanimously approves transition to ShipIn Systems, PBC, binding the company’s growth to a mission of safer, more resilient shipping. ShipIn Systems announced its transition to ShipIn Systems, PBC, becoming the first maritime technology company to organise as a Public Benefit Corporation and formally bind its corporate purpose to advancing the safety, wellbeing and operational - [Korean Marine Equipment Eyes European Shipyards](https://cyprusshippingnews.com/2026/09/09/korean-marine-equipment-eyes-european-shipyards/): The Korean shipbuilding industry, which recorded 7.97 million CGT (195 vessels) in global ship orders during the first half of this year — a 60% surge year-on-year — is now expanding its reach into the European market. With cooperative demand for Korean marine equipment confirmed in Europe, a traditional shipbuilding powerhouse, following North America and - [Asia-US container rates rise, tanker rates ex-USG soften as Asia port congestion intensifies](https://cyprusshippingnews.com/2026/09/09/asia-us-container-rates-rise-tanker-rates-ex-usg-soften-as-asia-port-congestion-intensifies/): Rates for shipping containers from east Asia and China to the US were mostly higher this week while rates for liquid chemical tankers ex-US Gulf were mostly softer, all while schedule reliability is decreasing because of congestion at Asia ports. PORT CONGESTION Global container vessel schedule reliability dropped to 56.4% in July 2026, a - [SAFEEN Drydocks expands ship repair capacity with UAE’s largest Floating Dock](https://cyprusshippingnews.com/2026/09/09/safeen-drydocks-expands-ship-repair-capacity-with-uaes-largest-floating-dock/): SAFEEN Drydocks, the shipbuilding and repair subsidiary of Noatum Maritime, has expanded its drydocking operations with the addition of a 230-metre floating dock at Zayed Port in Abu Dhabi. Designed to accommodate ocean-going commercial vessels and rig repair projects, the new dock strengthens SAFEEN Drydocks’ ship repair, maintenance and refurbishment offering, while improving turnaround flexibility - [Yanmar Maritime awarded DNV type approval for fuel cell system](https://cyprusshippingnews.com/2026/09/09/yanmar-maritime-awarded-dnv-type-approval-for-fuel-cell-system/): At the SMM trade fair in Hamburg last week, classification society DNV awarded Yanmar Power Solutions Co., Ltd., a subsidiary of Yanmar Holdings, type approval (TA) for its Maritime Hydrogen Fuel Cell System. This certification represents a significant milestone in the commercialization and global deployment of hydrogen fuel cell technology for marine applications. The approval - [Greek tanker owner puts wage access in seafarers hands, ShipMoney partnership](https://cyprusshippingnews.com/2026/09/08/greek-tanker-owner-puts-wage-access-in-seafarers-hands-shipmoney-partnership/): Piraeus-based Kyklades Maritime Corporation, one of Greece’s most respected independent tanker owners and operators, has partnered with global maritime payments provider ShipMoney to introduce digital crew payment solutions across 18 of its vessels. The agreement will see ShipMoney’s platform used for crew wage advances and payouts across a multinational crew of approximately 500 seafarers drawn - [Maximise uptime, lower TCO Hiab showcases ultra-durable ZEPRO-G at IAA TRANSPORTATION 2026](https://cyprusshippingnews.com/2026/09/10/maximise-uptime-lower-tco-hiab-showcases-ultra-durable-zepro-g-at-iaa-transportation-2026/): Hiab, a leading provider of smart and sustainable load handling solutions, presents its market-leading ZEPRO tail lift solutions at IAA TRANSPORTATION 2026, the world’s leading platform for logistics, commercial vehicles and the transport sector, on 15–20 September in Hanover, Germany. Together, Hiab and HAAS Tail Lift Systems GmbH will demonstrate how integrated vehicle, body and - [Shipping’s Net-Zero Framework Sails On, Despite Headwinds from Detractors](https://cyprusshippingnews.com/2026/09/09/shippings-net-zero-framework-sails-on-despite-headwinds-from-detractors/): As a meeting on the climate impacts of global shipping closed today at the International Maritime Organization (IMO), the Clean Shipping Coalition welcomed broad support by member states for the Net-Zero Framework (NZF) - the UN shipping body’s long negotiated compromise climate agreement, criticised attempts by a minority of states to undermine it with ‘alternative - [Kongsberg Maritime enters agreement to acquire Steerprop](https://cyprusshippingnews.com/2026/09/10/kongsberg-maritime-enters-agreement-to-acquire-steerprop/): Kongsberg Maritime ASA has entered into an agreement to acquire Steerprop, a Finnish designer and manufacturer of azimuth propulsion systems specialising in high ice-class and Arctic vessels. Steerprop has built a strong position in Arctic propulsion, supplying propulsion systems for icebreakers, polar research vessels, offshore support vessels and other demanding applications. The company has an - [York Space Systems introduces new Platform Purpose-Built for Very Low Earth Orbit](https://cyprusshippingnews.com/2026/09/09/york-space-systems-introduces-new-platform-purpose-built-for-very-low-earth-orbit/): Variant of flight-proven S- and LX-CLASS enables higher-fidelity observation, resilient orbit diversity, scaled deployment in self-cleaning VLEO regime York Space Systems, a leading, U.S.-based national defense and commercial prime providing a comprehensive suite of mission-enabling solutions, is introducing the LX/V-CLASS, a new spacecraft platform purpose-built for Very Low Earth Orbit (VLEO) missions. Adapted from York's - [European feed prices hit record highs on volatile futures](https://cyprusshippingnews.com/2026/09/09/european-feed-prices-hit-record-highs-on-volatile-futures/): European soybean meal and corn prices climbed to their highest levels since Platts, part of S&P Global Energy, launched its EU feed assessments in May 2025, on Sept. 3, as market participants pointed to a combination of rising futures and strengthening physical premiums. Platts, part of S&P Global Energy, assessed FOB Netherlands soybean meal at - [Tankers: VLCC Market Trending Higher](https://cyprusshippingnews.com/2026/09/09/tankers-vlcc-market-trending-higher/): LR2 The TC1 75kt MEG/Japan held flat this week with the index published around the WS565-568 level. A voyage west also remained steady with the TC20 90kt MEG/UK-Continent index climbing a modest by $34,300 to $9.38 million. West of the Suez Canal, the TC15 80kt Mediterranean/East index added another $100,400 to $6.17 million, although the - [Vintage Tonnage Captures the Freight Premium](https://cyprusshippingnews.com/2026/09/09/vintage-tonnage-captures-the-freight-premium/): The defining feature of the current asset market is not limited to five-year-old tonnage trading above newbuilding prices. Repricing spans the entire age curve and intensifies with vessel age. VLCC values are up 30% year-over-year at five years, 42% at ten years, 61% at fifteen years, and 90% at twenty years. The Suezmax curve shows - [TotalEnergies Lubmarine Launches Aurelia FE, an Innovative Fuel Economy Lubricant for 4-Stroke Medium Speed Marine Engines](https://cyprusshippingnews.com/2026/09/09/totalenergies-lubmarine-launches-aurelia-fe-an-innovative-fuel-economy-lubricant-for-4-stroke-medium-speed-marine-engines/): TotalEnergies Lubmarine division announces the launch of Aurelia FE, an innovative trunk piston engine oil designed to help shipowners reduce fuel consumption, lower operating costs and improve vessel efficiency. With fuel representing the largest operating expense for most vessels, Aurelia FE delivers a new approach to energy efficiency through advanced lubricant technology. Extensive laboratory bench - [Germany set for major power-sector overhaul with EEG-2027 and capacity market, says GlobalData](https://cyprusshippingnews.com/2026/09/08/germany-set-for-major-power-sector-overhaul-with-eeg-2027-and-capacity-market-says-globaldata/): Germany is on the verge of transformative change in its electricity sector, driven by ambitious demand forecasts, sweeping policy reforms, and the accelerating retirement of coal and nuclear power. With increasing demand driven by the electrification of transport, heat, and industry, and renewable capacity surging past 73% by 2025, new policy tools are being put - [“K” LINE held its 20th Shipowners’ Safety Measures Liaison meeting](https://cyprusshippingnews.com/2026/09/08/k-line-held-its-20th-shipowners-safety-measures-liaison-meeting/): On September 2, 2026, Kawasaki Kisen Kaisha, Ltd. (“K” LINE) held its 20th Shipowners’ Safety Measures Liaison Meeting in Fukuyama City, Hiroshima Prefecture. Domestic and international shipowners and ship management companies come together at this meeting to further increase their mutual awareness of safety in navigation and cargo operations. 71 participants from 38 companies attended - [A New Synergy for the Sustainable Future of the Mediterranean and the Black Sea: FISPMED ETS and the Byzantine National Lifeboat Institution (BNLI) Join Forces in Venice](https://cyprusshippingnews.com/2026/09/08/a-new-synergy-for-the-sustainable-future-of-the-mediterranean-and-the-black-sea-fispmed-ets-and-the-byzantine-national-lifeboat-institution-bnli-join-forces-in-venice/): A bilateral summit of paramount transnational significance has convened in the historic setting of Venice, bringing together the President of the International Foundation FISPMED ETS, Roberto Russo, and the President of the Byzantine National Lifeboat Institution (BNLI), international jurist Nicolaos Khovrin Komnenos. Francesco Bossi, the BNLI Ambassador to Italy, participated actively in the proceedings. His - [Mikael Skov steps down as co-chair of the All Aboard Alliance](https://cyprusshippingnews.com/2026/09/08/mikael-skov-steps-down-as-co-chair-of-the-all-aboard-alliance/): Mikael Skov stepped down as chief executive officer of Hafnia and co-chair of the All Aboard Alliance on 1 September 2026, following several years of active leadership and engagement with the Alliance. Skov was intricately involved with the All Aboard Alliance since its inception and played an important role in its development. As co-chair, he - [Woodside and PEMEX sign MOU to expand strategic partnership in Mexico](https://cyprusshippingnews.com/2026/09/08/woodside-and-pemex-sign-mou-to-expand-strategic-partnership-in-mexico/): Woodside Energy announced that it had signed a non-binding Memorandum of Understanding (MOU) with Petróleos Mexicanos (PEMEX). The MOU will allow analysis of potential future opportunities for exploration and extraction of hydrocarbons in the deep waters of the Gulf of Mexico. It will also facilitate the mutual exchange of technical knowledge, experience, and industry best - [Baker Hughes awarded Offshore Production enhancement and stimulation services contract by bp](https://cyprusshippingnews.com/2026/09/08/baker-hughes-awarded-offshore-production-enhancement-and-stimulation-services-contract-by-bp/): Significant contract supports new well development and production enhancement across bp's UK North Sea operations Advanced modular stimulation solution designed to support efficient well completion, operational reliability and enhanced reservoir recovery Baker Hughes, an energy technology company, announced Friday a significant award from bp to provide offshore stimulation services across the company’s UK North Sea - [Ferretti Yachts 720. The evolution of the flybridge icon plays a starring role at the Cannes Yachting Festival and the Genoa Boat Show](https://cyprusshippingnews.com/2026/09/08/ferretti-yachts-720-the-evolution-of-the-flybridge-icon-plays-a-starring-role-at-the-cannes-yachting-festival-and-the-genoa-boat-show/): The new model is set to steal the international yachting scene, with a standout redesign that enhances every space on board. Ferretti Yachts 720 will be in the spotlight again at the Cannes Yachting Festival 2026, held from September 8 to 13, and the Genoa International Boat Show, from October 1 to 6. With a - [Reimagined Ocean Bar debuts on Oosterdam with expanded entertainment](https://cyprusshippingnews.com/2026/09/08/reimagined-ocean-bar-debuts-on-oosterdam-with-expanded-entertainment/): New live music offerings, enhanced performance venue and heritage-inspired design come together as part of Holland America Evolution New Ocean Bar debuts aboard Oosterdam as part of Holland America Evolution. New stage expands entertainment offerings, including Vivace Strings, soloists, pianists and late-night cabaret. Relocated bar and redesigned layout bring guests closer to live performances while ## Pages - [Homepage](https://cyprusshippingnews.com/): October 22, 2026 Beyond Technical Skills: WISTA Cyprus explores the human side of leadership October 22, 2026 The human cost of sending merchant mariners into war zones extends far beyond the immediate danger of missiles and drones. It raises a harder question: who is really protecting the seafarer? October 22, 2026 Loss of bridge control: - [Cookie Policy (EU)](https://cyprusshippingnews.com/cookie-policy-eu/) - [About us](https://cyprusshippingnews.com/about-us/): About CSN. CSN is your go-to source for the latest updates on the evolving landscape of Cyprus’s shipping, maritime, and energy sectors, as well as global shipping news. 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