WILSON SAAR

China-based offshore wind foundations manufacturer Dajin Heavy Industry has delivered KING TWO, the second 40,000 DWT heavy deck carrier in its self-developed and self-built KING series.The delivery represents a step in expanding the company's offshore vessel-building capabilities, marking the transition of the vessel class into standardized batch construction following the commercial deployment of KING ONE.KING TWO has an overall length of 239.8 meters, a beam of 51 meters, a 12,000-square-metre cargo deck, and a range of 16,000 nautical miles.

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 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.

Phoenix International Holdings, Inc., announced the appointment of Travis Richardson as Hawai’i Area Manager.Richardson returns to Phoenix after his previous tenure from 2014 to 2019, where he led commercial diving operations, underwater ship repair projects, and regional business activities throughout the Pacific. His return brings nearly three decades of experience in diving, salvage, underwater construction, and program management to Phoenix's Pacific operations.Richardson earned both a Bachelor of Business degree in Small Business Management and Entrepreneurship and a Master of Business Administration from the University of Phoenix.

NOAA-supported scientists announced that this year’s Gulf of America hypoxic zone is approximately 1,332 square miles, making it the 2nd smallest zone on record in 40 years of measurement. Hypoxic areas, also called “dead zones,” are areas with little to no oxygen in the water, which can negatively impact fish, shellfish, corals and aquatic plants by making critical habitat unavailable to bottom species. The annual hypoxic zone survey was led by scientists at Louisiana State University and the Louisiana Universities Marine Consortium (LUMCON). The survey cruise was conducted aboard the LUMCON research vessel Pelican from July 24-30. Data from the survey is available online for the public.