October Deliveries of Aramco Crude Halted to Some European Refiners
Oil company Saudi Aramco has told at least two European refining customers they will receive no crude oil next month following an attack on Saudi Arabia's key pipeline to the Red Sea, Bloomberg News reported on Friday, citing people familiar with the matter.European refiners typically buy Saudi crude under term contracts that guarantee monthly supplies, but Aramco has informed customers that next month's deliveries will not proceed…
Italian Defense Minister Calls for Stronger Naval Protection in the Red Sea
Italy's defence minister on Friday called for a stronger naval presence in the Red Sea to protect merchant shipping amid concerns over the Bab el-Mandeb Strait, a vital waterway threatened by the widening Middle East conflict.The Iran-backed Houthis in Yemen have made rapid advances in recent weeks along the Red Sea coast, further complicating routes in a region that also includes the Strait of Hormuz, where traffic had already dwindled because of the U.S.-Iran war.Italy, part of the European Un
Sanmar Shipyards Delivers Seventh Tug to H. Schramm Towage
Sanmar Shipyards has delivered NICO, a powerful and versatile new tug designed for both harbour ship-handling and towing operations, to German operator H. Schramm Towage.The latest delivery is the seventh SANMAR-built tug to join the H. Schramm Towage fleet, continuing a relationship between the two companies that dates back to 2005.Known as DELICAY XVIII during construction in Türkiye, the tug has been renamed NICO by H.
Aesen Debuts Next-Gen Hybrid Crew Boat
Aesen introduced the Aesen 116H, a next-generation hybrid crew boat developed to support the evolving operational requirements of offshore personnel transportation and infield logistics operations. This vessel combines hybrid propulsion technology, intelligent energy management and enhanced operational resilience to support safer, more efficient and lower-emission offshore operations.By integrating hybrid propulsion and energy storage systems…
Green Yard Unveils 100-m Polar Expedition Yacht
Norway’s Green Yard has unveiled the KLEVEN KY100, a 100-meter Polar Class expedition yacht that marks the shipbuilder’s move into developing and owning its own yacht designs.Developed by Green Yard Kleven in cooperation with Opalinski Design House and HAV Design, KY100 combines the yard’s offshore and polar vessel experience with contemporary superyacht design. The PC5 vessel is designed for worldwide operations…
Exmar FLNG Conversion Concept Gets Bureau Veritas Approval
Exmar has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for a concept to convert an existing membrane-type LNG carrier into a floating liquefied natural gas (FLNG) unit for offshore gas developments.The FLNG concept would use a membrane-type LNG carrier with an effective LNG storage capacity of about 170,000 cubic meters and a design life of 25 years.Designed for operation in mild environments…
ATE Energy OCEANUS 1 Cable Laying Vessel Enters Service
ATE Energy International Co., Ltd. and Synergy Marine Group announced the arrival in Taiwan of OCEANUS 1, a new cable laying vessel for subsea infrastructure and offshore energy projects in the Taiwan Strait and the wider region.Built by Pacific Shipbuilding Joint Stock Company in Vietnam, OCEANUS 1 arrived in Kaohsiung on September 16 following her handover at the shipyard. The vessel adds to Taiwan’s…
ABS AIP for Multi-Purpose Fuel Tank and FGSS Design
ABS has awarded Hanwha Ocean approval in principle (AIP) for a multi-purpose fuel tank and fuel gas supply system that enables an LNG carrier to transition from LNG to ammonia fuel without replacing the fuel tank or fuel supply system.The approval covers the fuel tank and integrated fuel gas supply system for an electrically propelled LNG carrier powered by a gas turbine. The system is designed to supply either LNG or ammonia to the gas turbine, enabling transition from LNG to ammonia.
World First: Ship-to-Ship Ammonia Bunkering
NYK Line, with Japan Marine United Corporation, Nihon Shipyard Co., Ltd., Mitsubishi Gas Chemical Company, Inc., and Kokuka Sangyo Co., Ltd., completed the world’s first ship-to-ship (STS) ammonia bunkering operation to an ammonia-fueled vessel on September 17. At a quay within Japan Marine United Corporation’s Ariake Shipyard, ammonia fuel was transferred from the ammonia carrier Shoei Maru via the…
Yangzijiang Maritime Orders 24 New Ships from Chinese Shipyards
Yangzijiang Maritime Development has ordered 24 vessels from various Chinese shipyards for delivery between 2028 and 2030, expanding its newbuild portfolio across bulk carriers, chemical and product tankers and large oil tankers.The new orders comprise six 64,500-dwt bulk carriers, six 49,800-dwt product oil and chemical tankers, four 28,000-dwt stainless steel chemical tankers, four 29,000-dwt stainless steel chemical tankers and four 319…
U.S. Bound Tankers Hacked, says USCG
US Coast Guard and FBI personnel boarded two commercial vessels bound for the United States in the Gulf of Mexico last month after indications that hackers had broken into their computer networks.The unusual operation, carried out on August 21 and August 24 aboard two foreign-flagged ships, comes as US authorities grapple with a series of cyber incidents that media reports have linked to Iran since…
INEOS Starts Full-Scale CO2 Storage at Greensand Project in Danish North Sea
INEOS Energy has started commercial operations at the Greensand project in the Danish North Sea, opening what it describes as the European Union's first full-scale carbon dioxide storage site, with initial capacity of up to 400,000 tonnes per year.Denmark's King Frederik X officially opened the facility on September 18 at the Port of Esbjerg. The project is led by INEOS Energy alongside Harbour Energy and the Danish North Sea Fund…
Oil Goes Down 2% as Saudi Supply Concerns Recede
Oil prices fell 2% on Friday, extending losses for a third straight session as easing concerns over Saudi supply disruptions outweighed anxiety about a widening of conflict across the Middle East.Brent crude futures LCOc1 fell by $2.14, or 2%, to $102.68 a barrel by 0806 GMT. U.S. West Texas Intermediate CLc1 futures fell $1.83, or 1.8%, to $100.08.Benchmark Brent prices are on track for their first…
Supertanker Orders Surge as US-Iran War Reshapes Oil Trade
Shipowners have already ordered more than twice as many supertankers this year as in all of 2025, a buying spree worth over $20 billion that is the biggest for at least 25 years, as the US-Iran war redraws trade routes and boosts demand for long-haul crude shipments.Data from Signal Group, a shipping analytics platform, show 217 Very Large Crude Carriers ordered so far in 2026, against 93 last year. Allied Shipbroking recorded 164 VLCC orders, up from 83.
Ring Power Named North American Distributor for Cox Marine Diesel Outboard Line
Ring Power Corporation, a provider of marine power solutions, announced an expansion of its partnership with Cox Marine, becoming the exclusive North American distributor of the UK company's diesel outboard line. Under the new agreement, Ring Power now holds distribution rights across the entire United States, the Caribbean and U.S. territories.The expanded territory strengthens Ring Power's ability to support commercial…
Finland Run Drills to Board, Search Vessels in Subsea Sabotage Prep
Finnish authorities boarded and searched a target vessel in the Baltic Sea on Thursday in a live drill that officials said shows how seriously the region takes the threat of undersea sabotage after a string of incidents.Finland and the wider Baltic Sea region have experienced ruptures of power cables, telecom lines and gas pipelines following Russia's invasion of Ukraine in 2022, raising concerns that critical infrastructure lacks sufficient protection.Masked officers from the coast guard…
US-Iran Conflicts Drives Increased Global Orders of Supertankers
Shipowners have already ordered more than twice as many supertankers this year as in all of 2025, a buying spree worth over $20 billion that is the biggest for at least 25 years, as the US-Iran war redraws trade routes and boosts demand for long-haul crude shipments.Data from Signal Group, a shipping analytics platform, show 217 Very Large Crude Carriers ordered so far in 2026, against 93 last year. Allied Shipbroking recorded 164 VLCC orders, up from 83.
Oil Prices Fall 2% as Fears Ease of Middle East Supply Disruption
Oil prices eased about 2% on Thursday to a one-week low, after reports of additional Saudi crude cargoes through Oman eased supply concerns, though prices stayed above $100 a barrel on fears the Middle East conflict could widen.Brent crude futures were down $2.67, or 2.5%, to $103.13 a barrel at 12:03 p.m. ET (1603 GMT), after touching their lowest level since September 10. US West Texas Intermediate futures were down $1.61, or 1.6%, at $100.82 a barrel, their lowest since September 11.
Israeli Energy Ministry Plans to Boost Natural Gas Output
Israel's Energy Ministry said on Thursday it plans to expand natural gas production that would boost competition within Israel and increase exports.An inter-ministerial committee headed by the ministry issued final recommendations aimed at the need to raise natural gas output to meet domestic needs, encourage investment and accelerate the transition to renewable energy.Recommendations were approved by Israel's energy minister and the ministry's director general.Israel has become a key regional n
Italy Prepares Navy Amidst Bab el-Mandeb Tensions
Italy is preparing for a possible naval mission to safeguard its merchant shipping as security concerns mount in the Bab el-Mandeb Strait, Defence Minister Guido Crosetto said on Thursday.Crosetto said he and Italy's chief of defence staff had agreed to mobilise the navy to prepare "whatever is necessary" to guarantee the secure transit of Italian vessels, arguing that delays in responding to mounting…
