Neptune Lines Shipping & Managing Enterprises S.A.

The death toll from a powerful explosion at Iran's biggest port of Bandar Abbas has risen to at least 40, with more than 1,200 people injured, state media reported on Sunday, as firefighters worked to fully extinguish the fire.Saturday's blast took place in the Shahid Rajaee section of the port, Iran's biggest container hub, shattering windows for several kilometres around, tearing metal strips off shipping containers and badly damaging goods inside, state media said.The incident occurred as Iran held a third round of nuclear talks with the United States in Oman.

Benny Cenac Jr.’s Houma based Main Iron Works Company has completed the 10th boat newbuild for Ingram Marine Group. This partnership with Main Iron Works and Ingram began in 2021 and included the construction of 10 new towboats to be completed by the end of 2024.  The first towboat, the Adrienne M. Moore was delivered to Ingram on March 30, 2021 with the 10th and last - M/V David North - delivered on January 29, 2025.M/V David North measures 69 x 30 x 10.5-ft. and is powered by twin Caterpillar C32 800 hp tier 3 diesel engines.  It has a pair of Northern Lights 99kw generators.

Odfjell’s chemical tanker Bow Olympus is currently crossing the Atlantic powered by a combination of wind-assisted propulsion and a certified sustainable 100% biofuel, marking the company’s first near carbon-neutral transatlantic voyage.Real-time data from the voyage confirms that the dual propulsion approach is both technically feasible and impactful, as the vessel’s GHG emissions on the current voyage meet the 2050 Fuel EU Maritime GHG intensity targets and IMO’s GFI Direct Compliance targets at least until 2044.The power of wind-assisted propulsion has been tested through Bow Olympus’ two first cross-Atlantic voyages.

President Donald Trump signed an executive order aimed at boosting the deep-sea mining industry, marking his latest attempt to boost U.S. access to nickel, copper and other critical minerals used widely across the economy.The order, which Trump signed in private, seeks to jumpstart the mining of both U.S. and international waters as part of a push to offset China's sweeping control of the critical minerals industry.Parts of the Pacific Ocean and elsewhere are estimated to contain large amounts of potato-shaped rocks known as polymetallic nodules filled with the building blocks for electric vehicles and electronics.More than 1 billion metric tons of those nodules are estimated to be in U.S.

The keel laying of the new research vessel, Thuwal II, for the King Abdullah University of Science and Technology (KAUST) at the Freire Shipyard marks the beginning of a new chapter in marine research in Saudi Arabia, driving innovation in this crucial field for the country. The contract for the newbuild was announced in August 2024.“The RV Thuwal II represents a decisive step in our commitment to strengthen Saudi Arabia's scientific infrastructure and protect the Red Sea ecosystem. This new addition will open the door to high-impact technology collaborations in the region. Its commissioning promises to position Saudi Arabia as a world leader in marine research,” says KAUST.