Tanker Aqua 1 struck by two missiles in Qatar waters
Another day, another Iranian strike on a merchant vessel. QatarEnergy confirmed today that the Aqua 1, a fuel oil tanker on charter to the company, was the subject of a missile attack
Author: Nick Blenkey
![The first phase of the NGLS concept refinement award is a market analysis of existing platforms. [Image: Vard Marine US]](https://www.marinelog.com/wp-content/uploads/2026/04/NGLS-Concept-Refinement-2-2048x1365-1-300x225.jpg)
Vard Marine US brings Hanwha and Siemens on board for Next Generation Logistics Ship contract
Vard Marine US Inc., a subsidiary of Fincantieri’s Vard Group AS, has been awarded a contract to participate in the U.S. Navy’s Next Generation Logistics Ship (NGLS) program. Under this contract, Vard
Conrad reports improved operating results
Conrad Industries, Inc. (OTCID: CNRD) yesterday reported its 2025 results and backlog. For the quarter ended December 31, 2025, the company had net income of $4.7 million and earnings per diluted share
MARAD to award $35M in Small Shipyard Grants
Secretary of Transportation Sean P. Duffy announced yesterday that the Maritime Administration (MARAD) is seeking applications for $35 million in Small Shipyard Grants. This is a 300% increase on the $8.75 million
Kuwaiti VLCC Al Salmi struck by drone at Dubai anchorage
The fully-laden Kuwaiti VLCC Al Salmi has become the latest vessel struck in the ongoing Mid East conflict that has effectively closedf the Strait of Hormuz and disrupted world oil and gas
ABB picked to provide propulsion and automation solutions for new DRBA ferry
Shipbuilder Senesco Marine has contracted ABB to deliver full propulsion and automation systems for the 75-car passenger and vehicle ferry that it is building to replace the Delaware River and Bay Authority
Autonomous vessel innovator Saronic Series D round raises $1.75BN
Austin, Texas-headquartered autonomous vessel pioneer Saronic Technologies today announced that it has closed a $1.75 billion Series D funding round. Led by venture capital firm Kleiner Perkins, the round values the company
Korea Express Ferry orders new high speed Incat Crowther RoPax
South Korean shipbuilder Kangnam Corporation has commissioned Incat Crowther to design a new 80-meter high-speed catamaran RoPax ferry ordered by Korea Express Ferry (KEF). Incat Crowther, Kangnam and KEF, previously collaborated on
![Thomas Friis, training director at Aboa Mare, demonstrates a full-mission bridge simulator environment, highlighting the advanced training capabilities now available through its cooperation with Steerprop for propulsion-focused vessel operations. [Image: Steerprop]](https://www.marinelog.com/wp-content/uploads/2026/03/AboaMarie2026_Ship-bridge-simulator_Thomas-Friis-300x225.jpg)
Steerprop in simulator-based training agreement with Aboa Mare
Two Finnish companies that are leaders in their respective spheres, Rauma-based marine propulsion specialist Steerprop and Turku-based maritime training center Aboa Mare, have reached an agreement covering simulator-based training services for vessels
MARAD invests $13.2M in U.S. Marine Highway projects
The U.S. Department of Transportation’s Maritime Administration (MARAD) said Friday that it has invested $13,280,351 million in 11 marine highway projects across seven states through the U.S. Marine Highway Program. The funding will