Spanish shipyard GONDAN Shipbuilders has launched a 120-metre Ocean Energy Support Vessel (OESV) for Østensjø Rederi, the largest vessel built by the shipyard to date.The C513 OESV was launched at GONDAN's Figueras facility and will now undergo final outfitting and sea trials ahead of scheduled delivery in late 2027.Designed by Salt Ship Design, the vessel has a beam of 23 meters and is intended for operations including walk-to-work personnel transfers, commissioning service operation vessel (CSOV) support for offshore wind, offshore construction, subsea installation
Yemen's Iran-aligned Houthis on Friday reached the strategic island of Perim in the Bab el-Mandeb Strait, four Yemeni government sources told Reuters, potentially tightening their grip on one of the world's vital shipping routes and further increasing the threat to energy markets in the widening Middle East war.Earlier, two sources from the Saudi-backed, internationally recognised Yemeni government said its forces had withdrawn from Perim and that the Houthis had also taken the mainland Red Sea coastal town of Dhubab, which faces the island.
Deep in Arctic waters near the remote Svalbard archipelago this spring, NATO allies caught Russian subs training to unleash a secret weapon designed to disable critical undersea cables without leaving any fingerprints.The clandestine Russian operation, described to Reuters by two Western officials, was carried out by Moscow's GUGI undersea warfare directorate, which used deep-sea submersibles to simulate the deployment of the sophisticated and destructive technology.
Twenty-five people died in a fire aboard a foreign cargo vessel undergoing repairs at a state-owned shipyard in the eastern Chinese city of Qingdao on Thursday, state media reported.The fire broke out at about 11:15 a.m. (0315 GMT) at the Qingdao Beihai shipyard during repair and inspection works, state-run Xinhua said. Of the 42 people onboard, 12 were evacuated safely and five were injured and hospitalised.The blaze was extinguished by early afternoon, state media said.A picture of the scene released by Xinhua showed the vessel involved to be the Ocean Melody.
Boskalis’ recently commissioned Windpiper subsea rock installation vessel has started its maiden project at the Bałtyk 2 and Bałtyk 3 offshore wind farms in the Baltic Sea, placing its first rocks to protect the projects’ export cables.The 227-meter-long vessel loaded nearly 45,000 tons of rock in Norway following its christening in July before sailing for the installation campaign.Boskalis said the load represents a record cargo, with no single subsea rock installation vessel previously carrying such a large volume of rock for one installation project.
Golden Energy Offshore Services (GEOS) said Peterson has exercised a further well option for the platform supply vessel (PSV) Energy Paradise, extending its firm employment into early 2027.The option has an anticipated duration of about 100 days and an estimated contract value of $3.4 million.Energy Paradise is currently working under an existing well program expected to finish around mid-October 2026. The new option will start immediately afterwards, securing firm employment for the vessel until around the end of January or early February 2027.
Yemen's Iran-aligned Houthi militants have seized control of the historic port city of Mocha, four government military sources said, ina strategic shift that could threaten the Bab el-Mandeb Strait, one of the world's most important shipping routes.Fighting between the Houthis and Saudi-backed government forces has intensified in recent days, with the militant group shifting its focus to control over Yemen's long coastline instead of just the north, putting them in a stronger position to disrupt maritime trade.
Iran has suspended a 10% charge on freight fees for foreign vessels carrying imported or exported oil, gas and liquid petroleum products to and from Iran, the semi-official Fars news agency reported on Thursday.A U.S. naval blockade has sharply disrupted the country's seaborne oil exports.(Reuters - Reporting by Dubai Newsroom; Editing by Alex Richardson)
Brent crude futures breached $100 a barrel on Wednesday for the first time since late July after Iran and the U.S. struck tankers in the biggest wave of attacks on shipping since the war began, threatening to worsen the ongoing impairment of energy supplies from the Middle East.Front-month Brent crude futures were up $3.04, or 3.1%, at $100.95 a barrel as of 1:39 p.m. EDT (1739 GMT), after touching a high of $101.58. U.S. West Texas Intermediate crude was up $2.75, or 3%, at $95.78 a barrel, its highest level since early June.
Global trade in goods has strengthened from June despite geopolitical and policy-related uncertainties, the World Trade Organization said on Wednesday, signaling resilience in merchandise flows even as risks remain elevated.The September reading of the WTO's barometer tracking merchandise trade growth was 102, an improvement from the June barometer of 101.7, with growth remaining above trend.The WTO publishes its Goods Trade Barometer four times a year. It covers export orders, air freight, container shipping, automotive products, raw materials and electronic components.
A tanker carrying about 2 million barrels of Iraqi fuel oil was struck by a drone in Iraqi territorial waters on Wednesday, port officials said, and British navy-affiliated UKMTO reported that several merchant vessels in the Gulf had been hit by disabling fire overnight.A fire broke out aboard the Panama-flagged oil tanker New Andros after it was hit in Iraqi waters at around 6 a.m. (0300 GMT) on Wednesday, two Iraqi port officials told Reuters.There were no reports of casualties among the 22 crew members, the officials added.
The U.S. Third Circuit Court of Appeals reversed a key New Jersey water permit for U.S. energy company Williams Cos' long-delayed Northeast Supply Enhancement (NESE) natural gas pipeline project in Pennsylvania, New Jersey and New York.The court said in a ruling on Tuesday that it granted petitions by environmental groups, vacated the Water Quality Certification and remanded the case to the New Jersey Department of Environmental Protection (NJDEP).