Your Daily Maritime & Offshore Industry Update
Stay informed with the latest news and trends from the global maritime and offshore sectors. Here’s a quick, friendly summary of today’s top stories, key events, and important incidents. For more details, follow the links to the original sources.
Major Incidents & Legal News
- Sri Lanka’s Supreme Court Orders $1 Billion X-Press Pearl Payout
Sri Lanka’s top court has ordered the owners and operators of the X-Press Pearl container ship to pay $1 billion in compensation. The vessel caught fire and sank off Colombo in 2021, causing severe environmental and economic damage.
Read more at Splash247 | gCaptain - Livestock Carrier Fired Upon Off Yemen
A Comoros-flagged livestock carrier was attacked near Yemen. The vessel was fired upon and briefly detained by Yemeni authorities before being released. This incident highlights ongoing security risks in the Red Sea.
Details at Splash247 | MarineLink
Geopolitical & Security Developments
- Greece Deploys Salvage Vessel to Red Sea
In response to renewed Houthi attacks and the loss of two Greek bulk carriers, Greece has sent a salvage tug to the Red Sea. The move aims to protect Greek shipping and seafarers in the region.
More at Maritime Executive | Splash247 - Russia Temporarily Halts Black Sea Oil Loadings
Russia has imposed a sudden halt on foreign tanker access to Black Sea oil ports due to a sweeping port security crackdown. This affects both Russian and Kazakh oil exports.
Full story at Splash247 | Maritime Executive
Business & Industry Moves
- Saipem and Subsea 7 Announce $23 Billion Merger
Two energy giants, Saipem and Subsea 7, have agreed to merge, creating a major offshore engineering powerhouse. The new entity, Saipem7, will support oil, gas, and renewables projects worldwide.
Details at Maritime Executive | Splash247 - Sea Legend Launches China–Europe Arctic Container Service
Chinese liner Sea Legend Shipping is starting a direct container service between China and northern Europe via the Northern Sea Route (NSR). The seasonal service is expected to cut transit times to just 18 days.
Read more at Splash247 | Maritime Executive - Hanwha Philly to Build First US LNG Carrier in Nearly 50 Years
Hanwha Philly Shipyard has secured an order to build a US-flagged LNG carrier, marking a milestone for American shipbuilding.
More at Offshore Energy | gCaptain
Environmental & Regulatory Updates
- Shipping Emissions on the Rise
Recent data shows a 14% global rise in container shipping emissions, with a 45% spike in the EU. Rerouting due to Red Sea conflicts is a major factor.
Op-Ed at Maritime Executive - Bio-LNG and Methanol Gaining Ground
NYK has started regular use of bio-LNG on car carriers, and Yang Ming has ordered more methanol-fueled boxships. The push for alternative fuels continues.
NYK bio-LNG news at Offshore Energy
Yang Ming orders at Offshore Energy
Technology & Innovation
- Hull Cleaning Robots and Engine Monitoring
C Transport Maritime (CTM) is investing in in-transit hull cleaning robots, while German firm CM Technologies seeks partners to tackle engine scuffing, a “silent killer” in shipping.
Read about hull cleaning robots at Splash247
Engine scuffing initiative at Splash247
U.S. Maritime & Offshore Policy
- Japan Ready to Invest Billions in U.S. Shipyards
A new U.S.-Japan trade pact could bring billions in Japanese investment to American shipyards, supporting strategic industries and shipbuilding capacity.
Details at Maritime Executive | Splash247 - BOEM Advances Offshore Energy Development
The U.S. Bureau of Ocean Energy Management (BOEM) is moving forward with new oil, gas, and mineral leasing policies, aiming to boost energy production and coastal resilience.
See the latest at BOEM
Weather & Safety
- No Active Tropical Cyclones in the Atlantic or Pacific
As of July 25, 2025, the National Hurricane Center reports no active tropical cyclones in the Atlantic, Eastern Pacific, or Central Pacific.
Check the latest at NOAA NHC
Quick Links to Original Sources
Stay tuned for more updates tomorrow! For in-depth stories, visit the links above.
