Iran Gears Up to Boost Oil Exports
While U.S. President Donald Trump has recently hailed the resumption of oil flows from Gulf allies, Iran, too, appears to be gearing up to resume exports and trading.At least three tankers carrying some five million barrels of Iranian oil have sailed through the U.S. naval blockade this week, shipping data shows, despite the U.S. military saying its operations against Iran-linked shipping will stay…
Trump, Modi Discuss Seafarer Safety in Gulf Region
U.S. President Donald Trump said on Wednesday he had held a "very good" conversation with Indian Prime Minister Narendra Modi during the G7 summit in France and that their two countries were working on trade deals.Trump called Modi a "tough negotiator," and told reporters that he would be going to India "sometime in the future".India has been pressing the United States for months for a Trump trip,…
Echandia to Supply Battery System for Incat Tasmania Hybrid Ferry
Echandia will supply the battery system Echandia Core for a new 78-meter hybrid catamaran being built by Incat Tasmania, Australia. The order marks Echandia’s first delivery to Incat, one of the world’s leading builders of high-speed aluminum ferries.The vessel has been designed and built to ensure maximum deployment flexibility whilst significantly reducing OPEX, allowing operators to transition away from fossil fuels in the most practical and cost-effective way.
SMM, MS&D, ALL ABOUT PORTS Experts Discuss Key Challenges Facing Maritime Industry
Geopolitical uncertainty, decarbonization, digitalization and new energy efficiency requirements are fundamentally reshaping the maritime industry. At the joint press conference for SMM 2026, MS&D Conference & Expo and ALL ABOUT PORTS, representatives from industry, shipping the port sector and maritime organizations discussed the key challenges and opportunities facing the future of the industry.
Furetank VINGA Series Tanker to be Named
VINGA vessel naming ceremony and 40 years of design collaborationcutFOLDER-VINGA-serien-webb.pdf [Full background and tech spec - MR DEC 2026cutVinga VesselA newly built tanker in Furetank's VINGA series will be named at the Port of Uddevalla on 28 August. The vessel was designed by Furetank and FKAB Marine Design, the cumulative of 40 years of vessel design collaboration."We know operations and FKAB knows shipbuilding.
RINA Gets Safety Assessment Role on Indonesia's H2WATT Hydrogen Hub
Italian engineering, certification and consulting company RINA has secured a contract to provide safety assessment services for Indonesia's Green Hydrogen Hub Project H2WATT, a key initiative being developed by PLN Puslitbang, the research and development arm of state-owned utility PT PLN.The H2WATT project is aimed at supporting Indonesia's energy transition through the development of an integrated…
IEA Expects Gradual Hormuz Recovery, Oversupplied Market in 2027
The world oil market will recover gradually from the closure of the Strait of Hormuz before tipping into a significant surplus in 2027, the International Energy Agency said in its monthly oil market report on Wednesday.The U.S. and Iran reached an agreement to end the three-month-old war, which includes Iran reopening the Strait of Hormuz and the U.S. lifting its naval blockade, potentially bringing…
Iranian Oil Tankers Resume Shipments After US-Iran Deal
At least three tankers carrying Iranian oil have sailed through the U.S. naval blockade this week, with a fourth, an empty vessel, heading towards the Gulf of Oman, after the U.S. and Iran agreed a framework deal to reopen the strategic Strait of Hormuz, shipping data showed.The shipments indicate a gradual resumption of Iranian oil exports that are expected to add to global supplies although demand from China…
LH2 Shipping Orders Two More Liquid Hydrogen-Powered Bulk Carriers
LH2 Shipping has been awarded Enova support of NOK 344,3 million for the development and construction of two additional liquid hydrogen-powered bulk carriers.With the latest award, LH2 Shipping is now involved in the development of six hydrogen-powered bulk carrier projects. The announcement builds on previous Enova-supported vessel initiatives and reflects growing momentum for liquid hydrogen as a…
ABS and Partners to Develop Conditional Unmanned Bridge
ABS, Polaris Shipping, HD Hyundai Heavy Industries (HHI) and autonomous navigation solutions provider AVIKUS have signed a four-party Concept Study Agreement for the implementation of a Conditional Unmanned Bridge.Under the agreement, the parties will jointly develop an autonomous navigation concept enabling unmanned bridge operation during deep-sea voyages, when defined conditions are met, on one…
Northern Grain Belt Ports Initiative Established
A group of US regional partners have come together to form the Northern Grain Belt Ports Initiative.The Initiative, several years in the making, is an offshoot of the regional Corn Belt Ports Initiative, which works primarily with rural, regional inland ports to promote competitiveness, sustainability, resiliency, and integrity of inland regional port systems.The group consists of the Joint Board of Harbor Commissioners (Port of La Crosse)…
Container Imports Soar at Port of Los Angeles
Imports to the busiest U.S. container port in Los Angeles hit the second-highest level in history during May, as retailers rushed in products like plastic school supplies before cargo ship owners start recouping higher fuel costs from the Iran war on July 1.The Iran war has snarled shipping in the Middle East and reduced the availability of crude oil and its derivatives used to make plastic and other goods.
Russian Frigate Fired Warning Shots to Avert Yacht Collision
A Russian frigate fired warning shots to divert a UK-flagged civilian yacht near British territorial waters on Tuesday, according to statements from Russia's Defence Ministry and Britain's Ministry of Defence.The Russian ministry said the crew of the frigate Admiral Grigorovich spotted a yacht travelling on a course that risked collision with the ship.After repeated attempts to establish radio contact failed…
The U.S. is Using Iranian Oil Smuggling Tactics
The United States military has overseen scores of secretive ship-to-ship oil transfers to keep Gulf energy exports flowing, using aerial and water drones as well as helicopters in an operation to guide convoys to awaiting tankers.The operation on the edge of the Strait of Hormuz employs a shuttling technique long used by Iran to skirt sanctions.Two specific locations where the oil transfers take place…
Spot Oil Premiums Fall After US-Iran Deal
Spot premiums for crude and some refined products in Asia, Europe and Africa have fallen back following a U.S.-Iran deal to end the Middle East conflict, though caution about how soon normal shipping can resume is providing a floor for oil markets.Prices tumbled across the board on Monday after U.S. President Donald Trump said a preliminary agreement had been signed. Details, however, have not been made public and both the U.S.
Italian Business Lobby Calls to Speed up Roll-Out of Renewables
Italy's business lobby Confindustria has called for emergency action from the government to speed up the roll-out of renewable energy in the country, which is grappling with much higher power costs than in most of Europe.The recent increase in gas prices triggered by the Iran war has highlighted the cost for Italian families and firms of the slow development of renewables, and sparked fresh calls for…
Elizabeth O’Connor Appoint as Executive Director of American Maritime Congress
The American Maritime Congress (AMC) announced the appointment of Elizabeth O'Connor as its new Executive Director, following a nationwide search. O'Connor succeeds Fair Kim, who has successfully led the AMC since 2021.Most recently, O'Connor served as Chief Counsel at the Maritime Administration (MARAD), where she supported agency leadership in promoting and developing the U.S. Merchant Marine and the domestic maritime industry.
Lloyd Werft to Build 155-m ‘Beyond Horizons’ Vessel for Maybach Ocean Club
Germany’s Lloyd Werft Bremerhaven has been selected as the shipyard partner for Beyond Horizons, a 155-meter superyacht that aims to introduce a new private members’ club concept to the luxury maritime market.The announcement marks a key milestone for the Maybach Ocean Club project, moving the vessel from concept into the construction phase. The yacht has been developed by Maybach Ocean Club in collaboration…
US Coast Guard Outlines Commercial Dredge Fishing Safety Risks, Recommendations
Recent marine casualties involving commercial fishing vessels (CF Vs), particularly those under 50 feet in length, have underscored the significant hazards associated with dredge fishing in cold-water environments.In 2025, a tragic incident occurred off the coast of Cape Cod, resulting in the deaths of two mariners engaged in quahog fishing. The CFV was operating in an area unfamiliar to both the Master and deckhand when the dredge was inadvertently dragged over a rock pile…
Antipollution, ONEX Signs LOI to Build Waste Collection Vessels
Antipollution, a member of V Group, and ONEX Shipyards & Technologies (ONEX) have signed a letter of intent covering the construction of up to eight eco vessels to be built to ABS Class in Greece.The project covers four vessels plus four options and marks a significant step for Greek shipbuilding while advancing environmental services for the country's maritime sector. To be constructed by ONEX, which is reviving shipyards in Elefsis and Syros…
