Maritime Vessels Directory

Ocean Network Express (ONE) reported a profitable first quarter for fiscal 2026, overcoming higher fuel costs and geopolitical disruptions through strong cargo demand, disciplined capacity management and rising freight rates, while continuing to invest in fleet modernization under its long-term ONE2030 strategy.For the quarter ended June 30, 2026, the Singapore-based container carrier generated revenue of $4.54 billion, EBITDA of $707 million and EBIT of $76 million, resulting in a net profit of $31 million. The carrier transported 3.26 million TEU during the quarter at an average freight rate of $1,300 per TEU.

France Selects Five Ports for $300M Floating Wind Investment

4 days ago

France has selected five ports to receive nearly $300 million (€260 million) in funding under the France 2030 investment program to support infrastructure upgrades for the country's floating offshore wind industry.The projects, located at the ports of Cherbourg, Brest, Nantes-Saint-Nazaire, Port-la-Nouvelle and Marseille-Fos, were chosen under a 2024 call for projects aimed at adapting French port infrastructure for the manufacture, assembly and integration of floating offshore wind components.The government said the selected projects are expected to unlock nearly $1.

MarAd's Carmel: Great Lakes are Central to America's Maritime Revival

4 days ago

CHICAGO — July 30, 2026 — The United States cannot rebuild its maritime strength by focusing solely on its ocean coasts. Instead, the nation's industrial resurgence depends on recognizing the Great Lakes as one of America's five maritime coastlines and leveraging the region's unmatched manufacturing ecosystem, according to U.S. Maritime Administrator Stephen M. Carmel.Speaking at the American Great Lakes Ports Association's annual meeting in Chicago today, Carmel argued that the Great Lakes should be viewed not as a regional transportation network, but as a national strategic asset that is central to rebuilding America's commercial shipbuilding and industrial base.

Accurate Industrial Controls Workboat Receives IRS Certification

an hour ago

India is taking a step into the global marine autonomy market after the Indian Register of Shipping (IRS) certified Accurate Industrial Control’s newly built patrol boat featuring collision avoidance software. The IRS has awarded the certification to Accurate Industrial Controls for its ‘Intelligent Situational Awareness and Collision Avoidance’ (ISACA) tech stack following sea trials on board a new 13m workboat, built for Accurate at SHM Shipyard Limited in Mumbai. The sea trials took place in the Arabian Sea off Karwar, India.

Ukraine Explores Alternative Grain Routes

an hour ago

Alternative grain export routes from Ukraine will reach required capacity at the end of August at the earliest, its agriculture minister said, warning they would cover only half of volumes handled by Black Sea ports disrupted by Russian attacks.Russia has intensified missile and drone attacks on foreign-flagged civilian vessels in the southern Odesa port hub, which handles most of Ukraine's grain shipments.The situation endangers exports of around half of this year's grain and oilseeds forecast total, Taras Vysotskyi told Reuters.

Maritime Reporter and Engineering News (June 2026)