STURLA

Equinor has decided to end its offshore wind business activities in Japan, where it has been since 2018 but has failed to win any leases in successive auctions, and close its Tokyo office by the end of 2026.Orsted, the world's largest offshore wind developer, exited Japan in 2024 and Equinor has previously scaled back offshore wind development in markets including Vietnam, Spain, Portugal and France, citing rising costs.Offshore wind projects globally have been hit by rising costs and persistent supply chain constraints.

Fewer vessels transited the Strait of Hormuz on Friday than earlier this week, hours after a Taiwanese-operated ship was fired on by Iran, ship tracking data showed.Maritime and Port Authority of Singapore (MPA) Confirms EVER Lovely DamageThe Maritime and Port Authority of Singapore (MPA) is aware that the Singapore-registered container ship EVER LOVELY sustained minor damage to the bridge area from an unknown projectile while leaving the Strait of Hormuz on June 25, 2026. The vessel has since completed its transit through the Strait of Hormuz and is proceeding on its voyage, and all 21 crew members were reported safe. The U.N.

For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints, rising electricity demand and water scarcity are making floating nuclear power a more serious proposition for policymakers, utilities, and infrastructureFloating Nuclear offers a potential source of reliable, low-carbon electricity and heat (and, where possible, desalinated water) for locations where conventional energy systems are expensive, carbon-intensive, or physically impossible to build.

MPC Container Ships (MPCC) has agreed to acquire four eco-conventional container vessels for a total of $340 million, each backed by a three-year fixed-rate time charter with a top-five liner company, as it advances its fleet modernization program.The vessels, built in 2023 and 2024 and each with a capacity of 7,000 twenty-foot equivalent units (TEU), are expected to be delivered in October and November 2026, subject to inspection and customary closing conditions.The fixed-rate charters are expected to generate $180 million in revenue and $140 million in EBITDA over the three-year charter period, the company said.

Taking your children or grandchildren for a ride on the Merry-Go Round may be a pleasant past memory.  With that memory, we are asking to think about your choice of the best horse as you board the platform. A decision resting upon what you want out of the ride. Now consider that selection to the current state of US shipbuilding.Selecting the outside row of “jumpers” provides the greatest thrill as they move the fastest. When the Executive order for Maritime Dominance was issued on April 9, 2025, the U.S. maritime industry was ready to ride for the thrill of it. After all it was issued by the “Lead” horse, the one with historical flair while branded with the most progressive support of U.S.