Latest updates, trends, and insights from the maritime world.

First LNG carrier transits Strait of Hormuz since Iran war began

The Oman Ship Management operated vessel arrived safely offshore Muscat on Friday

Hafnia orders eight ‘fuel-efficient’ tankers from South Korean shipyard

Singapore-based tanker owner Hafnia has placed an order for the construction of eight fuel-efficient product […] The post Hafnia orders eight ‘fuel-efficient’ tankers from South Korean shipyard appeared first on Offshore Energy.

UK chairs global talks to reopen Strait of Hormuz - safety4sea

UK chairs global talks to reopen Strait of Hormuz  safety4sea

Green light for more US LNG to non-free trade agreement countries

Southern LNG Company, a subsidiary of the North American energy infrastructure player Kinder Morgan, has received the go-ahead for additional exports of liquefied natural gas (LNG) from a terminal in Chatham County, Georgia. The post Green light for more US LNG to non-free trade agreement countries appeared first on Offshore Energy.

Maersk flags Rotterdam congestion and Easter delays

Maersk flags Rotterdam congestion and Easter delays  Port Technology

South Korea, France Agree to Deepen Defense Cooperation Amid Middle East Conflict

South Korean President Lee Jae Myung and French President Emmanuel Macron said on Friday they planned to boost defense cooperation and work together to address the economic and energy crises triggered by the war in Iran.

Splash Wrap: Hormuz bells are ringing

Iran’s parliament approved a formal toll and access regime for the Strait of Hormuz earlier this week, with the ongoing war against the US/Israeli coalition leading Splash coverage for a fifth straight week. Satellite imagery confirmed severe damage to Russia’s prime energy exporting ports, as Ukraine’s Baltic bombardment campaign continued for much of this week. …

Key Bridge insurer settles with Dali owners for $350m

The insurance company that paid out $350m to Maryland following the collapse of Baltimore’s Francis Scott Key Bridge has reached a settlement of the same amount with the owner and operator of the container ship Dali, in one of the first deals to be struck ahead of a landmark civil trial set to begin June …

Mediterranean gas field back online after shutdown due to regional safety woes

Chevron Mediterranean Limited (CML), a subsidiary of U.S.-headquartered Chevron, and its partners have resumed gas production from a giant natural gas project off the coast of Israel. The post Mediterranean gas field back online after shutdown due to regional safety woes appeared first on Offshore Energy.

New player enters underwater robotics market with AUV prototype

ZenaTech, a Canadian technology company specializing in AI drone, drone as a service (DaaS), enterprise SaaS […] The post New player enters underwater robotics market with AUV prototype appeared first on Offshore Energy.

BlackRock takes 5% stake in Samsung Heavy in vote of confidence for shipbuilding supercycle

The world’s largest asset management company BlackRock has become a significant shareholder in Samsung Heavy Industries, acquiring a 5.01% stake in the South Korean shipbuilder in a move that signals strong institutional confidence in the longevity of the current newbuilding supercycle. Samsung Heavy has secured $3.1bn in orders so far this year across 16 vessels, …

Vietnam’s REE unveils investment plan for offshore wind, floating solar

Vietnam’s Refrigeration Electrical Engineering Corporation (REE) is planning a billion-US-dollar push into offshore wind […] The post Vietnam’s REE unveils investment plan for offshore wind, floating solar appeared first on Offshore Energy.

Somalia registers its first vessel under the national flag in over three decades

Somalia has officially registered its first vessel under the national flag since the collapse of the country’s central government in 1991, marking what officials describe as a historic step toward restoring maritime sovereignty over the longest coastline in mainland Africa. The vessel, named Guney, was formally registered under the Somali flag following completion of all …

Crew management is hitting a breaking point

Across the maritime sector, a workforce crisis is quietly building — and the industry’s reliance on outdated systems is running out of time, writes Gary Glover, the founder of CrewDex. Ask any crewing manager how they track crew certification expiry and the answer is usually some version of the same thing: a spreadsheet, a calendar …

Wah Kwong & Bureau Veritas 1st SMART “Augmented Ship” in Newbuild Series

Tanker shipping market very tight due to dislocation of tonnage

Leading shipowners and analysts in New York grapple with the complexities of the tanker market with the closure of the Strait of Hormuz

World Fuel Services & West Coast Clean Fuels Establish Methanol Bunkering

China's Deep Sea Mining Research May Be Cover for Surveillance