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India (9)

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Maritime News

Decrepit Port Infrastructure has Vessels Stacked Off Venezuela

2 days ago

Venezuela's dilapidated oil port terminals are imposing a de facto export cap on the country's resurgent crude production, with tankers having to wait up to 30 days to load because of ageing infrastructure, power outages and quality issues, according to shipping data, sources and documents.The delays are putting roadblocks on a U.S. plan to quickly boost Venezuela's oil exports following a flagship pact with global trading houses. The fight for infrastructure looks likely to intensify as many partners of state energy firm PDVSA get ready to market their share of output independently under new contract terms.

Viking Orders Two Cruise Vessels for 2032 Delivery

3 days ago

Fincantieri and Viking have signed contracts for two new cruise ships, extending a long-running shipbuilding relationship that now encompasses 28 vessels.The ships result from Viking exercising options announced in April 2025 and will be constructed at Fincantieri’s Ancona shipyard in Italy, with both vessels scheduled for delivery in 2032. Fincantieri classified the value of the agreement, which remains subject to financing and other conditions, as “large.”Designed for the small cruise ship segment, each newbuild will measure approximately 54,300 gross tons and accommodate 998 passengers in 499 cabins.

South Korean Container Ship Will Test Arctic Route

3 days ago

A container ship will depart from South Korea bound for Europe via the Arctic on Saturday, testing whether a route opened by melting sea ice can be commercially viable, but risking friction with Western allies, as the voyage requires Russian cooperation.If successful, the trip would be South Korea's first such commercial voyage to Europe via the Arctic, placing it with China and Russia among the few countries whose shipping firms have tested or run cargo services along the route.Sailing north from the port of Busan, the PanStar Acro will make stops at Felixstowe in Britain, Rotterdam in the Netherlands and Poland's Gdansk before returning in a journey expected to take 40 to 45 days

Critical Minerals at Sea: Battery Supply Chains Become an Investment Question

5 days ago

Batteries have become a practical part of maritime decarbonization. They are used on ferries, harbor craft, tugs, offshore support vessels, crew transfer vessels, various types of remotely operated vessels, and hybrid ships to reduce fuel burn, provide spinning reserve, support dynamic positioning, enable peak shaving, and allow zero-emission operation in port. As of mid-2026, 156 different maritime battery systems from 118 manufacturing companies are commercially available. Notably, systems are becoming more energy dense, lighter and more compact, supporting wider maritime adoption – for a 288.

ARC Group Receives FEMA Award for Disaster-Relief Supply Deliveries

2 days ago

American Roll-On/Roll-Off Carrier Group Inc. (ARC Group) announced that it has been awarded an indefinite delivery/indefinite quantity contract by the Federal Emergency Management Agency (FEMA) to provide national “cross-dock” and incident base support during emergencies and disaster response operations. Under the contract (No. 70FB7026D00000002), ARC will provide logistics capabilities that help FEMA position and rapidly deliver critical, life-sustaining resources where they are needed following a disaster.

Maritime Reporter and Engineering News (August 2026)

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