Interasia Lines proudly announced that INTERASIA ENGAGE made her maiden call for the KCI service at the Port of Incheon on January 14, 2026. The welcome ceremony was successfully held with attendance from President Lee of the Incheon Port Authority, the CEO of Hanjin Incheon Terminal, valued local partners, and Jerry Hsieh, Representative of Interasia Lines Korea.
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Oslo-listed seismic data specialist TGS Geophysical Company has secured an additional Ocean Bottom Node contract in Europe, further strengthening its 2026 order book. The company said its node-on-a-rope crew is scheduled to mobilise in mid-summer, with the project expected to last for approximately 30 days.
According to TGS Geophysical Company, the award comes from a valued repeat customer, and under the contract, the company will deliver high-quality 4D seismic data while providing insights to help the client optimise oil and gas production.
Oslo-listed shipping and logistics group Stolt-Nielsen is evaluating a partial sale of its small-scale LNG subsidiary Avenir LNG, just months after gaining full ownership of the company.
In a filing to the stock exchange, Stolt-Nielsen said its gas shipping arm, Stolt-Nielsen Gas, is currently in discussions with a strategic investor regarding the potential sale of up to 50% of its stake in London-based LNG bunkering operator Avenir LNG.
South Korean shipping giant HMM has taken delivery of the world’s largest pure car and truck carrier (PCTC), marking a new milestone in the rapid evolution of global car shipping. Built by Guangzhou Shipyard International (GSI), a subsidiary of China State Shipbuilding Corporation (CSSC), the vessel is capable of carrying 10,800 car equivalent units (CEU), the largest capacity ever recorded for a car carrier.
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A key milestone has been achieved in the Horizon Mid-Life Upgrade (MLU) programme with the successful delivery and installation of the first Kronos Grand Naval radar at France’s Shore Integration Facility (SIF) in Saint-Mandrier.
The Kronos Grand Naval (KGN) radar, supplied by Leonardo, was shipped and installed at the DGA Shore Integration Facility on 17 December 2025. The installation represents a critical step in the Horizon-MLU cooperative programme, as it enables the start of qualification and acceptance activities for the Principal Anti-Air Missile System (PAAMS) at the SIF over the coming year.
A cargo ship emergency unfolded off Portugal’s central coast after a Dutch-flagged vessel reportedly lost its rudder shortly after departing port, prompting authorities to close the Port of Figueira da Foz and dispatch tug assistance amid rough sea conditions.
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Finnish shortsea shipping company Meriaura has taken another step in its fleet renewal programme by signing a contract to build a new open deck carrier in China, reinforcing its long-term focus on specialised shortsea operations.
The company confirmed that the 6,800 dwt vessel will be constructed at Jiangsu Zhenjiang Shipyard and is scheduled for delivery in early 2028. The newbuild will measure 120 metres in length and will be built to 1A ice class with DP2 notation, supporting Meriaura’s strategy of maintaining year-round operability in northern and ice-prone waters.
China’s state owned oil giant PetroChina has directed its traders to halt purchases and trading of Venezuelan crude oil since the United States assumed control of Venezuela’s oil exports earlier this month, according to sources with direct knowledge of the situation.
PetroChina, a publicly listed subsidiary of China National Petroleum Corporation (CNPC), was historically the largest buyer of Venezuelan oil until it stopped imports in early 2019 following U.S. sanctions targeting Venezuela’s oil sector. Its latest decision to refrain from engaging with new Venezuelan crude — at least until further clarity from company leadership — underscores a tightening of supply to Chinese refiners and challenges in global crude trading under shifting geopolitical conditions.
Wan Hai Lines, a leading Taiwanese container carrier, is expanding its presence in Japan with the acquisition of Terminal C9 at Osaka Port for approximately $87 million, aiming to bolster its intra-Asia shipping network and enhance operational control.
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Scientists from the Smithsonian Tropical Research Institute (STRI) have reported that the annual upwelling phenomenon in the Gulf of Panama failed for the first time in recorded history in 2025, marking a major shift in oceanographic patterns and raising concerns for local fisheries.
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A landmark European Union–India Free Trade Agreement (FTA) was officially signed on 27 January 2026, ending nearly four years of negotiations and setting the stage for transformative economic cooperation between the EU and India.
The negotiations were formally relaunched on 17 June 2022, alongside separate discussions on an Investment Protection Agreement and an Agreement on Geographical Indications (GIs). After years of intensive engagement, the FTA has now been concluded, opening unprecedented trade and investment opportunities between Europe’s largest economic union and India, the world’s most populous nation.
India is positioning itself for energy independence with investment opportunities worth $500 billion in its energy infrastructure, Prime Minister Narendra Modi announced on Tuesday during the India Energy Week conference.
“We are moving away from energy security to energy independence,” Modi said, highlighting the South Asian nation’s ambitious energy infrastructure drive. India is focusing on expanding affordable refining and transport options while boosting its capacity in natural gas. “We are aiming to make LNG transportation vessels domestically,” he added, signaling a push toward local liquefied natural gas (LNG) shipbuilding.
The Destin Fire Control District (DFCD), home to Florida’s largest fleet of firefighting vessels, has received a state-of-the-art 52-foot (16-meter) coastal fireboat, the M-19, from Mobile, Alabama-based boatbuilder Silver Ships.
The aluminum deep-V hull vessel is powered by four 425hp Yamaha outboard engines, enabling a top speed of 45 knots. Equipped with two Darley firefighting pumps capable of discharging 3,000 gallons (11,000 liters) per minute, M-19 provides 360-degree firefighting coverage via two forward and two aft monitors. One monitor is remotely controlled, minimizing crew exposure during hazardous operations.
Georgetown, Guyana — Guyana’s economy is poised for strong expansion in 2026, with overall growth projected at 16.2 per cent, a slight moderation from the 19.3 per cent recorded in 2025, according to Finance Minister Ashni Singh in the presentation of the 2026 National Budget.
The country’s oil and gas sector remains the primary engine of growth, expected to expand by 17.9 per cent this year. Average crude production is forecast at around 840,000 barrels per day (bpd), reinforcing Guyana’s position as a rapidly growing energy producer on the global stage.
Finland is planning to establish a maritime surveillance centre in the Gulf of Finland to help prevent damage to critical undersea infrastructure, including submarine cables and pipelines, the Finnish Border Guard said on Monday. The centre will be developed in cooperation with other Baltic Sea nations and the European Commission.
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