ADNOC Logistics & Services (ADNOC L&S) has agreed to acquire 11 tankers for approximately $1.3 billion, expanding its crude oil and liquefied petroleum gas (LPG) shipping capacity to support ADNOC Group's growing production, trading and export activities.The acquisition comprises five very large gas carriers (VLGCs) and six very large crude carriers (VLCCs). Nine vessels - six VLCCs and three VLGCs - were acquired on the secondary market and are scheduled for delivery in the third quarter of 2026, after which they will enter service with ADNOC L&S.
Beier Integrated Systems announced the following changes to its Executive Leadership Team. Karl Beier will transition from his current role as President and Chief Executive Officer (CEO) to serve as Chairman of the Board. As Chairman, Karl will continue to provide strategic guidance and support to the organization. Kory Beier has been appointed President and Chief Executive Officer (CEO). In this role, Kory will lead the company's strategic direction, drive operational excellence, and oversee the continued growth and success of Beier Integrated Systems.
TOTE Services, LLC, a leading U.S. maritime services company specializing in vessel construction management and ship management, hosted more than 30 commercial shipbuilders, equipment manufacturers, marine suppliers, and defense contractors from over a dozen states across the country for its Medium Landing Ship (LSM) Industry Day.The Industry Day serves as the foundational step in assembling a reliable, nationwide supply chain to support multi-yard construction and ensure cost and schedule discipline.
Abu Dhabi National Oil Company said on Friday it was being significantly impacted by what it described as unprovoked attacks on its people and assets, as it sought to continue meeting customer requirements in an "exceptionally challenging environment."ADNOC said in a statement that 15 of its vessels had been attacked by missiles and drones while transiting the Strait of Hormuz since the start of the conflict, including three this week, leaving one crew member dead and 20 injured.
This year's annual meeting for the National Waterways Conference will be held in Moline, Illinois, co-hosted by Corn Belt Ports. This marks the first non-coastal state to host since Memphis, Tennessee in 2019.Attendees will be able to connect with water and waterways leaders, federal partners, and industry stakeholders for three days of policy discussion, networking, and on-the-water learning along the Upper Mississippi River system.
SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf, including a major upgrade of the well stimulation vessel MV Island Captain.The agreement provides dedicated stimulation capacity to support the development of tight offshore reservoirs and help maximize recovery from future wells.As part of the contract, MV Island Captain will be converted into a fully proppant-capable stimulation vessel.
Nichols Brothers Boat Builders (NBBB) has been awarded a contract by the San Francisco Bar Pilots Benevolent and Protective Association to build the organization's next-generation station vessel.Designed by Glosten, the vessel will measure approximately 110 feet in length and is being built to support the San Francisco Bar Pilots as they guide commercial vessels through the waters of San Francisco Bay and the Golden Gate.The vessel will feature Tier 4 diesel propulsion designed to improve fuel efficiency, reduce emissions and meet California Air Resources Board (CARB) emissions requirements.
Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz, as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those which violated the proposed rules.Brent crude futures LCOc1 were up 85 cents, or 1.03%, at $83.34 a barrel by 0634 GMT. U.S. West Texas Intermediate futures CLc1 rose 52 cents, or 0.67%, to $77.81.Oil futures settled up more than $3 a barrel on Thursday as Iran reviewed a bill to ban U.S.
HII announced long-term performance-based production agreements with High-Yield Production Robotics (HYPR) team members GrayMatter Robotics and Path Robotics. The signed agreements are designed to accelerate the development and deployment of advanced physical AI automation across U.S. Navy shipbuilding programs, including aircraft carriers, submarines, destroyers, amphibious ships, future frigates and unmanned surface vessels.
Russia's state nuclear giant Rosatom, operator of the Northern Sea Route via the Arctic, said on Friday it had issued permits for seven Chinese transit vessels to sail to Europe via the NSR.Chinese container company Sea Legend Shipping plans to launch the first regular container service to Europe via the NSR, Alexei Likhachev, Rosatom's head, said."Unlike previous container shipments via the Northern Sea Route, which were largely experimental or one-off in nature, the 2026 programme provides for a fully-fledged regular service with vessels sailing every week throughout the navigation season.
The American Pilots' Association (APA) issued the following statement regarding the National Transportation Safety Board's (NTSB) final report on the July 19, 2024, collision of the YANGZE 7 and the towboat MISS PEGGY in the Houston Ship Channel:"The American Pilots' Association (APA) takes the findings and recommendations of this NTSB investigation very seriously and finds some of the details surrounding this tragic accident deeply troubling.
Jones Walker LLP welcomed Nick Primrose as special counsel in the Government Relations Practice Group in the firm’s Tallahassee office. Nick works with businesses, public agencies, and industry organizations whose success depends on effective engagement with federal, state, and local governments. He helps clients monitor legislative and regulatory developments, assess legal and policy risk, engage decision-makers, and pursue growth opportunities in heavily regulated industries, including maritime, transportation, logistics, technology, infrastructure, and economic development.