Seadrill Awarded Contract Extension in Angola
Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension.A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised, extending operations in Angola by approximately 480 days and committing the rig into June 2028.Seadrill earns a management fee for providing management, operational and technical support to Sonadrill.
Gulf States Press US to Neutralize Iran
Gulf Arab states did not ask the U.S. to go to war with Iran, but many are now urging it not to stop short by leaving the Islamic Republic still able to threaten the Gulfâs oil lifeline and the economies that depend on it, three Gulf sources told Reuters.At the same time, these sources and five Western and Arab diplomats said Washington was pressing Gulf states to join the U.S.-Israeli war. According to three of themâŠ
CK Hutchison Says Panama Missed Arbitration Response Deadline
Panama Ports Company (PPC), a unit of Hong Kong conglomerate CK Hutchison 0001.HK, said on Monday that the Panamanian government failed to file its response by the March 13 deadline in an international arbitration brought by the company.PPC said the deadline was set by the International Court of Arbitration of the International Chamber of Commerce (ICC) and that Panama sought a partial extension, sayingâŠ
Trump Upset as Other Nations Reject Call for Hormuz Warship Escorts
Several U.S. allies rebuffed Donald Trump's call on Monday to send warships to escort tankers through the Strait of Hormuz, drawing criticism from the U.S. president, who accused Western partners of ingratitude after decades of support.The U.S.-Israeli war on Iran is in its third week with no end in sight. The critical Strait of Hormuz, through which 20% of the world's oil and liquefied natural gas flowâŠ
Sable Offshore Restarts Santa Ynez Pipeline After Trump Emergency Order
Sable Offshore on Monday said it had begun pumping oil on a long-disputed pipeline system linking the Santa Ynez offshore platform to California refineries after emergency orders from the Trump administration directing the restart.The restart marks a major win for the Houston-based oil company in its years-long battle with California regulators and environmental groups, which have sued to stop the Santa Ynez project.
ABS Reflects on Technology, Innovation Growth in Southeast Asia
At the annual meeting of the ABS Southeast Asia Regional Committee, ABS Chairman and CEO John McDonald offered a message to maritime and offshore industry leaders from Singapore and across Southeast Asia.âRapid technology innovation and autonomous systems are transforming shipping into a highly connected, data-driven industry. ABS is responding by investing in our technology capabilities and expanding the value we can bring across the entire maritime ecosystemâŠ
International Submarine Symposium Looks Ahead to Gathering in Hamburg for 2026
The World Submarine Organization (WSO) and Submersible Operators Group (SOG), in partnership with the MTS Submarine Committee and Det Norske Veritas (DNV), have announced the 23rd International Submarine Symposium, scheduled for September 15â18, 2026 at the International Maritime Museum and DNV Headquarters in Hamburg, Germany.This four-day symposium will bring together industry leaders, submarine operatorsâŠ
Port Houston Sees February Volume Increased by 4%
Cargo volumes continued strong at Port Houston in February, up 4% with 4,380,996 short tons handled across the Portâs eight public terminals. That brings the year-to-date total to 8,927,585 short tons, a 5% increase year-to-date.Container activity remained flat this month, with Port Houston handling 326,799 TEUs in February, bringing year-to-date container volumes to 696,833 TEUs, a 2% increase compared with the same period last year.
Windward Daily Brief March 16: 20 Commercial Maritime Security Incidents Since Start of War
Windward is publishing daily intelligence reports on the crisis in the Gulf as the situation develops.The highlights of today's report are as follows: Commercial traffic through the Strait of Hormuz remains extremely limited, with only three outbound crossings recorded on March 15 and no inbound transits.Maritime security risk across the Gulf remains high, with 20 confirmed incidents involving commercialâŠ
Cruise Operators Face Higher Costs as Oil Prices Rise
Cruise operators face choppy waters as rising oil prices lift fuel costs, with analysts warning Carnival Corp could take the biggest hit to its 2026 profit as it is the only major U.S. cruise line that does not hedge fuel.Oil prices have risen more than 35% since the beginning of the conflict in Iran, as attacks on oil and transport facilities across the Middle East and disruptions to energy flowsâŠ
Indian LPG Sales Trickle Due to Hormuz Shipping Disruptions
Indian state fuel retailers' sale of liquefied petroleum gas (LPG) slowed in the first half of March, preliminary data showed, as the country reels from its worst LPG crisis in decades due to shipping disruption in the Strait of Hormuz.India buys about 90% of its imports of LPG - mainly used for cooking - from the Middle East and its supplies have been disrupted after traffic through the strait ground to a near standstill in the wake of the U.S.-Israeli war on Iran.State fuel retailers Indian Oi
ADNOC Suspends Crude Loading at Fujairah Port After Drone Attack
Abu Dhabi state oil giant ADNOC has suspended crude loading operations at the United Arab Emirates port of Fujairah, a source familiar with the situation told Reuters on Monday, after a drone attack triggered fires at the key export terminal.Some loading at the hub restarted, two other sources said. Two of the three single point moorings, where tankers connect to load, were operational, one source said.ADNOC's crude terminals were targeted in the attackâŠ
Countries Respond as Trump Calls for Global Support in Securing Strait of Hormuz
U.S. President Donald Trump called on allies over the weekend to help secure the Strait of Hormuz as Iranian forces continue attacks on the vital waterway amid the U.S.-Israeli war on Iran, now in its third week.Trump said his administration has already contacted seven countries, but declined to identify them. In an earlier social media post, he said that he hoped China, France, Japan, South KoreaâŠ
Stolt-Nielsen, NYK Line Form JV in Avenir LNG
Stolt-Nielsen Limited and Nippon Yusen Kabushiki Kaisha announced that, through Stolt-Nielsenâs subsidiary Stolt-Nielsen Gas Ltd., Stolt-Nielsen has entered into a share purchase agreement to sell 50% of Avenir LNG Limited to NYK Line. Avenir LNG was founded in 2017 and has grown into a leading player in the liquefied natural gas (LNG) bunkering sector, operating a global fleet of LNG bunker vessels.With this partnershipâŠ
ClassNK SOF for âSeawingâ Automated Kite System
ClassNK confirmed the validity of the performance analysis evaluation for the automated kite system âSeawingâ, which is being developed by Kawasaki Kisen Kaisha, Ltd. and its French subsidiary OCEANICWING S.A.S., and issued a Statement of Fact (SOF). In response to environmental regulations and as a solution for reducing fuel costs, the implementation and installation planning of wind-assisted propulsion systems (WAPS), including kite systems, have been progressing.
German Maritime Industry Calls for Political Action Plan
Germanyâs maritime sector is poised for significant growth, but industry leaders warn that clearer political priorities and stronger policy support are needed to fully capitalize on the opportunity.That was the message delivered jointly by the German Shipbuilding and Ocean Industries Association (VSM) and IG Metall Küste during a press conference in Hamburg on March 16, where both groups called forâŠ
Pilots Association Sounds Alarm on DHS Funding Stalemate
The American Pilotsâ Association (APA) is concerned that the ongoing Department of Homeland Security (DHS) funding lapse is negatively impacting the ability of the U.S. Coast Guard (USCG) to carry out critical navigation safety and mariner credentialing services. âAPA and our member pilot associations value the important navigation safety and credentialing services the USCG provides.â said APA President Captain Jorge Viso.
Denmark Pushes for EU-Wide Response on Strait of Hormuz
Europe should keep an open mind on helping to ensure freedom of navigation for ship traffic in the Strait of Hormuz even if the continent did not support the U.S.-Israeli decision to go to war with Iran, Denmark's foreign minister said on Monday.President Donald Trump said on Sunday his administration was talking to several countries about protecting ships in the waterway that Tehran has mostly blocked to oil tanker traffic."We must face the world as it isâŠ
Reopening Energy Markets is in Iran's Hands, for now
When Saudi Aramco told its oil buyers in a letter this week that it had no clear idea which port it would use for April exports, it laid bare a new reality: Iran, not the United States, holds the key to reopening the global energy market.The letter, sent to Saudi oil buyers around the world, said they might receive oil from the Red Sea, but they might still get it from the Gulf."I might as well call Iran to find out when this war ends so I can get my oilâŠ
Orlen Takes Delivery of Two LNG Carriers
The Orlen Group is expanding its capacity to transport LNG with the naming ceremony for two 174,000 cubic meter LNG carriers from Hanwha Ocean shipyard. The vessels will enhance the stability and flexibility of gas deliveries to Poland and strengthen the regionâs energy security. Each new ship can deliver enough gas in a single voyage to supply as many as two million households.âOrlen is investing continuously in the energy security and independence of both Poland and the wider region.
