Insurance, Legal & Finance

INDUSTRY NEWS

INDUSTRY NEWS

The US Maritime Administration (MARAD) is to spend $35 million on modernising small shipyards, funding upgrades to facilities, new equipment and maritime workforce training.

17th August 2026

US government extends a hand to small shipyards

17th August 2026

ENVIRONMENT

ENVIRONMENT

Germany is making up to €70 million available to develop ‘green’ inland-shipping corridors as part of a new government programme designed to accelerate the use of vessels using alternative fuels on the country’s waterways.

12th August 2026

Germany puts €70m behind green inland shipping corridors

12th August 2026

INSURANCE, LEGAL & FINANCE

INSURANCE, LEGAL & FINANCE

Norway’s Ministry of Climate and Environment has pushed back one of European shipping’s most closely watched regulations.

12th August 2026

Norway delays adopting FuelEU regulations

12th August 2026

ENVIRONMENT

ENVIRONMENT

RWE has agreed to walk away from three US offshore wind leases in the New York Bight and off the coasts of California and Louisiana in exchange for a $1.22 billion settlement…

10th August 2026

RWE exits US offshore wind market with $1.22 billion bounty

10th August 2026

MARINE CONSTRUCTION

MARINE CONSTRUCTION

The UK Crown Estate has granted a seabed lease for the offshore phase of a carbon capture and storage project in Liverpool Bay.

5th August 2026

Seabed lease unlocks offshore phase of Liverpool Bay CCS project

5th August 2026

VESSELS

VESSELS

Amid rising geopolitical tensions, cyber threats and the need to safeguard critical infrastructure, the European Tug Association (ETA) is calling for tugs to be classed as a strategic industry.

4th August 2026

European tug operators call for ‘strategic industry’ status

4th August 2026

ENVIRONMENT

ENVIRONMENT

The Netherlands has committed up to €4.758 billion in offshore wind subsidies after a failed auction last year highlighted the growing financial challenges facing developers.

4th August 2026

Netherlands commits €4.8 billion and new bird rules to revive offshore wind

4th August 2026

VESSELS

VESSELS

North Star has secured a £275 million (€322 million) refinancing package to expand its offshore wind fleet just months after buying four service operation vessels (SOVs).

3rd August 2026

North Star wins £275m finance deal to expand offshore wind fleet

3rd August 2026

ENVIRONMENT

ENVIRONMENT

Sweden has rejected 11 out of 13 applications for offshore wind projects because of national defence considerations, the government says.

21st July 2026

Is Sweden getting cold feet over offshore wind?

21st July 2026

INDUSTRY NEWS

INDUSTRY NEWS

French opposition MPs want to ban superyachts over 50 metres from entering French ports, marinas or territorial waters.

20th July 2026

French MPs seek total ban on superyachts over 50m

20th July 2026

VESSELS

VESSELS

Cadeler has secured a €247 million ‘green’ loan to help finance the build of its next-generation offshore wind installation vessel (WTIV) Wind Apex just as the second of three WTIVs has been…

16th July 2026

Cadeler secures green loan for diesel-powered WTIV

16th July 2026

PORTS & HARBOURS

PORTS & HARBOURS

For the first time in the almost 200-year history of the Port of Rotterdam, harbour towage operators will need a harbour master’s permit to provide towage services.

14th July 2026

First ever tug permits mandated at Rotterdam

14th July 2026

MARINE CONSTRUCTION

MARINE CONSTRUCTION

A new draft National Ports Policy for Ireland has placed offshore wind at the front and centre of its ambitions to transform its ports along with improved cargo operations.

9th July 2026

Ireland’s ports transformation: Policy outlines major changes

9th July 2026

INDUSTRY NEWS

INDUSTRY NEWS

Italian shipbuilder Fincantieri is boosting its expansion into the underwater technology sector, agreeing to buy majority stakes in four Italian companies that specialise in subsea services.

8th July 2026

Fincantieri’s €600m deep dive puts on show of underwater force

8th July 2026

VESSELS

VESSELS

The UK government’s new Defence Investment Plan (DIP) pledges record spending on drones and autonomous technology.

30th June 2026

UK pledges record spending on naval autonomy and uncrewed tech

30th June 2026

KEY DEALS

KEY DEALS

Swiss industrial technology company ABB will buy the Norwegian marine automation firm Høglund in a move designed to ‘complement ABB’s existing automation offering to marine customers and support further growth in markets…

29th June 2026

ABB announces plans to buy marine automation firm

29th June 2026

ENVIRONMENT

ENVIRONMENT

Europe’s largest port has rejected demands from a Dutch legal climate campaigning charity that it sets out a plan to bring an end to the use of fossil fuels.

29th June 2026

Port of Rotterdam rejects call for fossil fuel phase-out

29th June 2026

INDUSTRY NEWS

INDUSTRY NEWS

Well-known Swedish boat builder Marell Boats has gone bankrupt, lawyers for the firm confirmed in a statement, adding to Maritime Journal that there had been a total loss of eight jobs.

3rd June 2026

Marell Boats Sweden declares bankruptcy

3rd June 2026

SUBSEA SERVICES

SUBSEA SERVICES

The UK government will impose tougher penalties on shipowners and operators who intentionally or recklessly damage subsea cables amid mounting concern across Europe over the vulnerability of underwater infrastructure.

1st June 2026

UK spearheads subsea cable damage penalties

1st June 2026

ENVIRONMENT

ENVIRONMENT

TA’ZIZ has secured $2 billion in financing for its first world-scale methanol production plant in the UAE, which should provide wider benefits across the global transportation sector.

11th May 2026

Major financing for UAE methanol hub

11th May 2026