News Flash | Sea and Job

First LCO₂ Carrier Registered under the Portuguese Flag

Bernhard Schulte recently registered its first Liquefied CO₂ (LCO₂) carrier under the Portuguese flag. The vessel is equipped with an LNG dual-fuel propulsion system. Combined with other proven technologies, in particular a wind-assisted rotor sail and an air...

Reed Smith advises Venture Global on closing of $1.5 billion senior secured vessel financing facility

Global law firm Reed Smith has advised Venture Global Shipping Holdings, LLC (“VGSH”), a wholly-owned subsidiary of Venture Global, Inc. (NYSE: VG), on the closing of a $1.5 billion senior secured vessel financing facility, which will be used, in part, to reimburse...

Japan, U.S. Seek K-Shipbuilding Collaboration

HD Hyundai Heavy Industries dispatched 97 employees to Kawasaki Heavy Industries in Japan in 1972 to learn shipbuilding technology while constructing the Ulsan Shipyard. At the time, South Korea, which had just begun building its shipyard, had to learn from Japan,...

Operating scrubbers in OSPAR waters: how the equation is shifting for ferry fleets

Color Line chose to upgrade its vessels to hybrid exhaust gas cleaning systems not just because the technology was promising, but because embracing this solution offered clear economic advantages for their operations. That is the current reality in the Northern...

Strait of Hormuz: IMO Secretary-General updates IMO Council on evacuation plan, insurance costs and impacts on seafarers

IMO Secretary-General Arsenio Dominguez delivered the following statement to the IMO Council (8 July) to update members on the situation facing shipping and seafarers in and around the Strait of Hormuz. The following is an extract of the Secretary-General’s statement...

Maritime piracy incidents fall to lowest since 1992, but risk remains

Maritime piracy and armed robbery incidents fell to their lowest level since 1992 in the first half of 2026, according to the latest report from ICC’s International Maritime Bureau (IMB), released today. However, IMB warns there is no room for complacency, with crew...

First LCO₂ Carrier Registered under the Portuguese Flag

Reed Smith advises Venture Global on closing of $1.5 billion senior secured vessel financing facility

Japan, U.S. Seek K-Shipbuilding Collaboration

Operating scrubbers in OSPAR waters: how the equation is shifting for ferry fleets

Strait of Hormuz: IMO Secretary-General updates IMO Council on evacuation plan, insurance costs and impacts on seafarers

Maritime piracy incidents fall to lowest since 1992, but risk remains

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