Day: July 8, 2025

Russia downplays ammonia leak in wake of StealthGas tanker blast at Ust-Luga

Energy News Beat Source: X An explosion aboard the Greek-owned LPG carrier Eco Wizard at Russia’s Ust-Luga port triggered an ammonia leak, prompting the evacuation of the 23-person crew and an emergency response operation. The Russian Transportation Ministry confirmed the incident on Sunday, describing it as a “minor leak,” but reports indicate the blast was […]

Tanker explodes off Indian port

Energy News Beat AsiaTankers A serious maritime incident occurred off the Indian port of Kandla on Sunday afternoon, as the Hong Kong-flagged product tanker Fulda suffered a fire and explosion while en route to Port Sohar, Oman. The blast, which occurred during gas-freeing operations, triggered an emergency evacuation of all 21 crewmembers and prompted an […]

Israel targets seized Galaxy Leader in latest Yemen airstrikes

Energy News Beat Middle EastOperations X / @army21ye X / @army21ye The Israel Defense Forces (IDF) have confirmed they targeted the Galaxy Leader, a commercial car carrier seized by Houthi forces in late 2023, during a series of coordinated airstrikes on Yemeni ports and infrastructure early Monday. The Galaxy Leader, held at Ras Isa port, […]

Red Sea crisis escalates as crew evacuate bulk carrier attacked by drones

Energy News Beat The Magic Seas, a Liberian-flagged, Greek-owned, 63,301 dwt bulk carrier, was severely damaged in a coordinated maritime assault off the coast of Yemen on Sunday, marking the first Houthi attack on merchant ships this year, and setting back any plans for a significant return of the global merchant fleet to the Suez […]

Emerging Greek owner Venergy steps into newbuild market with MRs in South Korea

Energy News Beat K Shipbuilding Venergy Maritime, the Greece-based tanker newcomer led by Vyron Vasileiadis, has placed its first newbuilding order, contracting two MR product tankers at South Korea’s K Shipbuilding. The firm order for the 50,000 dwt pair is for delivery in the first quarter of 2027, with each vessel priced at up to […]

New maritime electrification alliance out to change zero-emission game

Energy News Beat Maritime Battery Forum Four maritime associations have launched the Global Alliance for Maritime Electrification (GAME), a coalition of nonprofit organisations looking to accelerate the electrification of maritime transportation. The new alliance will initially focus on inland, nearshore, and commercial vessels and push for zero-emission solutions through coordinated research, policy advocacy, and industry […]

McDermott picks up Brazilian contract

Energy News Beat AmericasOffshore Royal IHC Royal IHC Houston-based McDermott has secured an offshore transportation and installation contract from BRAVA Energia for subsea work at two major deepwater developments in Brazil. The scope covers transportation and installation of flexible flowlines, umbilicals, and associated subsea equipment for four new wells—two each at the Papa-Terra field in […]

Danes press ahead with project to ship CO2 in containers

Energy News Beat DecarbonICE Danish firm DecarbonICE is looking to develop a full CO2 transport value chain with the gas in solid form, otherwise known as dry ice. The company wants to show the benefits of this kind of transfer compared to transporting CO2 in liquid form in pressurised cryogenic tanks. Dry ice would be […]

Heidmar enters ownership space with first boxship acquisition

Energy News Beat ContainersEurope Athens-based pool operator and shipmanager Heidmar has announced its first-ever vessel acquisition, marking a strategic shift in the Nasdaq-listed company’s evolution from pure-play management to asset-backed operations. The Pankaj Khanna-led outfit has struck a deal to buy the 2008-built 1,702 teu feeder containership A Obelix for $25.25m. The vessel, acquired from […]