Oil Companies to Steer Clear of Iran Blacklisted Ships
At least three Indian oil refiners and a global energy major plan to stop using vessels on Iran's new blacklist, including for ship-to-ship transfers, due to security concerns, four sources with direct knowledge of the matter said this week.Tehran announced on Sunday a blacklist of 45 ships it said had broken its rules for crossing the Strait of Hormuz, and would take action against any vessels transferring loads with them…
Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices
Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.Brent crude futures LCOc1 fell $2.30, or 2.6%, to $86.28 a barrel by 0447 GMT, earlier dropping to their lowest since August 13. U.S. West Texas Intermediate crude futures CLc1 were down $2.08…
Kongsberg Maritime to Provide Technology Suite for Solstad, SBM Offshore Vessel
Kongsberg Maritime has secured a contract to deliver a fully integrated suite of technology and equipment for a new multi-purpose deepwater installation and construction vessel that will be owned and operated by Solstad Offshore and SBM Offshore.The vessel, which will be built in China, represents a new generation of offshore construction assets designed to perform complex installation, subsea construction and heavy-duty offshore operations.
ClassNK Launches Survey Compass AI Assistant for Ship Management
ClassNK has launched ‘Survey Compass,’ an AI assistant that supports shipowners and ship management companies in their survey-related operations.Survey Compass is an AI assistant that responds in natural language to questions on classification survey matters faced by shipowners and ship management companies. Users can confirm the information they need together with its supporting sources, thereby improving the efficiency of survey preparation and response work and reducing their workload.
McDonough Marine Service Adds MARMAC 3080 Deck Barge to Fleet
McDonough Marine Service announced the addition of the MARMAC 3080, a 300' x 80' x 16' ABS Load Line deck barge, to its growing fleet of marine equipment available for charter. The MARMAC 3080 will call Amelia, Louisiana and will be ready to service the industry from this location going forward.As a barge rental company, McDonough Marine Service offers one of the largest fleets of deck barges available for charter…
Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea
The Russian Defence Ministry said on Tuesday that its forces had struck three cargo vessels carrying supplies for the Ukrainian military and a tanker at the Black Sea port of Pivdennyi.The ministry also said it had hit another cargo vessel in the nearby port of Odesa, as well as port infrastructure in Pivdennyi and Odesa and fuel storage facilities at the port of Chornomorsk.Reuters could not independently verify the ministry's claims.(Reporting by Reuters)
Oil Prices Drop 4% as Traders Dismiss US Sanctions
Oil prices fell about 4% to a one-week low on Tuesday as traders shrugged off the latest U.S. sanctions campaign against Iran, viewing economic pressure as posing less risk to oil supplies than a military escalation.Brent crude futures were down $3.83, or 4.2%, to $88.34 a barrel by 11:44 a.m. EDT, while U.S. West Texas Intermediate crude futures fell $3.34, or 3.9%, to $81.67.Both benchmarks hit their…
Russian Oil Freight Rates Spike On Security Risks, Vessel Availability
Freight rates for tanker shipments of Russia's flagship Urals crude from western ports to India, the grade's main market, have surged in August as strong demand for vessels and mounting security risks linked to carrying Russian oil drove up costs, three trade sources said.The rise in shipping costs is squeezing revenues of Russian oil exporters already grappling with Western sanctions and a difficult…
USS Abraham Lincoln Plans to Dock in Thailand Next Week
The U.S. aircraft carrier the USS Abraham Lincoln will dock in Thailand next week, a Thai official said on Tuesday, following a prolonged deployment in the Middle East and reports of mental health concerns and deteriorating conditions aboard.The Lincoln, which left the Middle East on Saturday, has not made a port call in more than 200 days, setting a modern-day record for consecutive days at sea, according to Democratic lawmakers.Typically naval deployments are for between six and nine months…
Trump: Strait of Hormuz Mines Removed, Threatens Iran If More Are Placed
U.S. President Donald Trump said on Tuesday that all mines had been detonated or removed from international waters of the Strait of Hormuz and that Iran has been told that any ship or boat placing new mines will be destroyed.In a post on Truth Social, Trump said the United States, through its Space Force, was watching "every square inch" of the Strait, a key waterway in the global energy supply chain."There is a Zero Tolerance policy on mine placement in full force and effect…
C&C Marine Delivers Fourth Towboat in Canal Barge Series
C&C Marine and Repair has delivered the M/V Mimsy H. Lindner to Canal Barge Company, completing a four-boat series of 2,600-horsepower inland towboats for the New Orleans-based operator. The Mimsy H. Lindner follows the M/V Al Sloss, M/V Deborah H. Valentine and M/V Cabby H. Boone, all built by C&C's Belle Chasse shipyard since January.The M/V Mimsy H. Lindner measures 87' x 33'-8" x 11'-3" inches and is outfitted for Subchapter M service on inland rivers, canals and intracoastal waterways.
REINTJES Launches Hybrid Propulsion System
REINTJES, provider of propulsion solutions, has announced their TME Hybrid System."Our plan was to create a compact hybrid unit. To achieve this, we've integrated the electric motor/generator onto the gearbox," says Klaus Deleroi, Managing Director of the propulsion specialist based in Hameln.Integrating the electric motor onto the top of the gearbox brings several advantages. Installation now requires just a single unit. The space saved for freestanding installation is considerable.
Canada Invests $7.95m for Six New Icebreakers
Canadian Prime Minister Mark Carney said on Monday the federal government would invest more than C$11 billion ($7.95 billion) to build six new icebreakers for the Canadian Coast Guard.Speaking in Levis, Quebec, Carney said the ships would be built by Quebec shipbuilder Chantier Davie and would replace the Coast Guard's aging heavy and medium icebreakers.After Russia, Canada has the world's second-largest fleet of icebreakers, which routinely escort U.S. ships heading to the Arctic.
Hoppe Marine, AVL to Introduce Emissions Monitoring Systems
Hoppe Marine and AVL Analytical Technologies GmbH announce a strategic cooperation to introduce a new generation of Continuous Emissions Monitoring Systems (CEMS) for the maritime industry.The cooperation combines Hoppe Marine’s expertise in maritime instrumentation and digital vessel solutions with AVL Analytical Technologies’ capabilities in emissions measurement technology and gas analysis expertise.The new CEMS portfolio includes two dedicated product lines: HOCEM GHG…
Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier
Topic, TSUNEISHI SHIPBUILDING and OceanWings announced the successful completion of OceanWings rigid wingsail installation aboard the Ultramax bulk carrier MARIA TOPIC. Retrofitted at TSUNEISHI SHIPBUILDING in Japan, the vessel now returns to commercial service, marking a milestone in OceanWings' commercial deployment and in the adoption of wind-assisted propulsion for merchant shipping.The successful…
Whitepaper Demonstrates Benefits of Thordon Bearings T-BOSS Shaftline Solution
An evaluation study based on reference data from a Suezmax crude oil tanker has demonstrated the benefits of using Thordon Bearings’ T-BOSS shaftline solution instead of a conventional oil lubricated sterntube system.The study assessed the CAPEX for a sterntubeless T-BOSS (Thordon - Blue Ocean Stern Space) system installed on a 274m (899ft.)-long tanker, assuming a shaft diameter of 670mm (26”) as the baseline.
MacGregor Advances Floating-to-Floating Transfer and LCO2 Systems
MacGregor has expanded its offshore technology portfolio with a certified floating-to-floating personnel transfer capability for its Horizon gangway and a new bow transfer system designed for direct ship-to-well transfer of LCO2.The Horizon gangway has received DNV certification under DNV-ST-0358 for floating-to-floating personnel transfers following a successful sea acceptance test. The certification enables motion-compensated connections between two vessels moving independently…
US Court Rejects Challenge to Trump’s Offshore Drilling Expansion
An Alaska federal judge on Monday threw out a lawsuit by environmental groups challenging President Donald Trump’s move to allow offshore drilling along broad swaths of previously protected coastline.U.S. District Judge Sharon L. Gleason found the lawsuit by groups, including the Northern Alaska Environmental Center, was premature because drilling was not imminent in federal waters that were placed…
Strait of Hormuz Commodity Vessel Transits at Three-Month Low
Just two tankers transited the key energy chokepoint of the Strait of Hormuz on Monday, for the lowest daily tally of commodity vessels since early May, with both entering the Gulf, shipping data showed.The figure was also well below the 10-day average of 14, with one very large gas carrier and one very large crude carrier entering the strait from the Gulf of Oman, according to shiptracker Kpler by 0657 GMT on Tuesday.While down from Sunday's tally of seven vessels of all types…
MARAD, CORE POWER to Explore Nuclear-Powered Shipping Technologies
The U.S. Department of Transportation's Maritime Administration (MARAD) and CORE POWER (US) Inc. signed an agreement to accelerate the commercial, industrial, and regulatory pathways for U.S.-flagged nuclear-powered commercial ships. Fueled by small modular reactor (SMR) technology, this first-of-its-kind partnership will advance the President's agenda to strengthen American shipping and secure energy dominance.Under the Memorandum of Cooperation…
