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Innovation and sustainability at the maritime forefront

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The Waterline Report

Innovation and sustainability at the maritime forefront

  • Clean Energy, Vessel Technology

Brazil’s Ethanol Goes to Sea as Everllence and Vale Join Forces to Decarbonize Global Shipping

Everllence and Vale have signed a cooperation agreement to develop ethanol-powered marine engines, positioning Brazil and China as key markets for the fuel’s maritime adoption The decarbonization of large-scale shipping has a new alliance: Everllence — the engine manufacturer formerly…

  • Romulo Bacchiega
  • March 27, 2026
  • Clean Energy, Vessel Technology

The Dutch Startup That Turned Solar Power Into a Working Solution for the Bulk Carrier Market

Dutch firm Wattlab has validated solar power for bulk carriers and is now targeting Panamax and Capesize segments after cutting hotel load by 20% on two vessels Dutch startup moves solar from experiment to commercial reality aboard bulk carriers —…

  • Romulo Bacchiega
  • March 27, 2026
  • Offshore & Energy

From the Campos Basin to the Mediterranean, the Global Drilling Market Is Sending a Clear Message

Drillships mobilize for Equinor’s $9B Raia project in Brazil, Egypt launches a four-well gas campaign, and Borr Drilling eyes five new jackups in Mexico Drilling activity surges from the Campos Basin to the Mediterranean as major operators commit billions to…

  • Romulo Bacchiega
  • March 27, 2026
  • Offshore & Energy

Petrobras Blocks Brava’s $450M Acquisition by Exercising Preemption Rights Over Campos Basin Assets

Petrobras exercises its right of first refusal on Petronas’ Campos Basin stakes, forcing Brava Energia to abandon a $450M acquisition deal already in progress The Deal That Was Brava Energia announced the acquisition in January 2026: the company would purchase…

  • Romulo Bacchiega
  • March 17, 2026
  • Offshore & Energy

PRIO Cleared for 14-Well Offshore Campaign as Campos Basin Cluster Strategy Advances

Brazil’s PRIO wins Ibama clearance for a 14-well campaign at the Frade field, advancing its Wahoo-Frade cluster strategy around the FPSO Valente in the Campos Basin The Authorization Brazil’s environmental regulator Ibama has issued an amendment to PRIO’s existing drilling…

  • Romulo Bacchiega
  • March 17, 2026
  • Clean Energy

Washington Eyes $928 Million Payout to TotalEnergies as Offshore Wind Rollback Carries a Price Tag

The U.S. government is drafting a $928M settlement to cancel TotalEnergies’ offshore wind leases — putting a price tag on Washington’s energy policy reversal The Proposed Deal According to documents reviewed by the New York Times, U.S. officials are drafting…

  • Romulo Bacchiega
  • March 17, 2026
  • Offshore & Energy

Eni Strikes Over 1 Tcf of Gas Offshore Libya, Bolstering Mediterranean Energy Security

Eni strikes two adjacent gas structures off Libya with over 1 tcf of gas in place, paving the way for fast-track development via existing offshore infrastructure Back-to-Back Strikes in Libyan Waters The Italian major’s exploration campaign targeted two adjacent geological…

  • Romulo Bacchiega
  • March 17, 2026
  • Shipping

Maritime Industry Mobilizes Support for Seafarers Trapped in Persian Gulf Crisis

Thousands of crew members and passengers stranded as conflict escalates, prompting warlike operations designation and emergency protocols Global maritime unions and employers have issued a unified message of support for seafarers facing escalating dangers in the Persian Gulf and Gulf…

  • Romulo Bacchiega
  • March 16, 2026
  • Yachting & Boating

Orient Express Corinthian Achieves 12 Knots Under Sail in Breakthrough Trials

World’s largest sail cruise ship sets speed record during sea trials ahead of May delivery and ultra-luxury service launch The world’s largest sail-powered cruise ship has set a new performance benchmark during sea trials, achieving speeds that builder Chantiers de…

  • Romulo Bacchiega
  • March 16, 2026
  • Clean Energy, Laws & Regulations

ClassNK Issues Statement of Fact for K Line’s Seawing Automated Kite System

Japanese classification society validates wind propulsion technology as shipping industry accelerates alternative fuel solutions ClassNK has validated the performance analysis for the automated kite system Seawing, developed by Kawasaki Kisen Kaisha and its French subsidiary OCEANICWING, issuing a Statement of…

  • Romulo Bacchiega
  • March 16, 2026
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