A tanker was struck by an unknown projectile 63 nautical miles west of Saudi Arabia's port city of Yanbu, leading to a fire on the vessel's main deck, the United Kingdom Maritime Trade Operations said on Monday.The UKMTO said all crew were safe and accounted for with no reported environmental impact.
Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, crossed the Strait of Hormuz, LSEG shipping data showed on Tuesday, becoming the first Japan-linked crude tanker to do so since the Iran war began.Before the U.S.-Iran conflict broke out on February 28 and disrupted Middle East crude oil and liquefied natural gas supplies
India has seized three U.S.-sanctioned tanker ships linked to Iran this month and stepped up surveillance in its maritime zone to curb illicit trade, a source with direct knowledge of the matter said on Monday.India aims to prevent its waters from being used for ship-to-ship transfers that obscure the origin of oil cargoes, the source added.
Mitsui O.S.K. Lines (MOL) has taken delivery of a new liquefied petroleum gas (LPG) dual-fuel very large gas carrier (VLGC), Energia Grandeur.The vessel was ordered by MOL group company MOL Energia from Hyundai Samho Heavy Industries, with delivery taking place off Mokpo port in South Korea on January 29, 2026.
Swan Defence and Heavy Industries (SDHI) has signed its first newbuild contract for six IMO Type II chemical tankers, marking a milestone for India’s commercial shipbuilding sector and the country’s first chemical tanker order placed with a domestic shipyard.The contract, valued at $227 million, was awarded by European shipowner Rederiet Stenersen AS and covers six 18
The United States is attempting to seize a Russian-flagged oil tanker with links to Venezuela after a more than two-week-long pursuit across the Atlantic and as a Russian submarine and warship were close by, two U.S. officials told Reuters on Wednesday.The seizure, which could stoke tensions with Russia, came after the tanker, originally known as the Bella-1, slipped through a U.S.
Singapore-based Seatrium has resolved its dispute with an affiliate of Maersk Offshore Wind, over the delivery of a wind turbine installation vessel (WTIV), originally intended for Equinor’s Empire Wind 1 project in the United States.Under the agreement Seatrium Energy reached with Maerk’s affiliate Phoenix II A/S, the parties will discontinue all legal proceedings related to the contract
Seatrium has issued a notice of arbitration against an affiliate of Maersk Offshore Wind, escalating a dispute over the termination of a contract for a wind turbine installation vessel (WTIV) intended for the Empire Wind 1 project in the United States.The move follows a notice of arbitration delivered by the buyer on October 21
Stena Line strengthened its position in the Baltic Sea by acquiring NLC Ferry Ab Oy/Wasaline and taking over operations of the ferry route between Umeå in Sweden and Vaasa in Finland.“It is with great joy and enthusiasm that we at Stena Line take on the responsibility for Wasaline and the route between two important regions and cities, Umeå and Vaasa,” says Niclas Mårtensson, CEO of Stena Line.
Italy's antitrust regulator said on Friday that Shipping Agencies Services (SAS), a unit of maritime group MSC, would drop its acquisition of a 49% stake in ferry operator Moby after the watchdog opened a probe into alleged restriction of competition.Moby, majority-owned by Onorato Armatori group, runs ferries linking Italy's mainland to tourist islands such as Sardinia and Corsica.
China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington by disrupting supplies of Chinese equipment and materials, officials in Seoul said on Friday.Beijing announced the sanctions on Tuesday as the U.S.
China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean are seen as a warning gesture without immediate impact, and Beijing is unlikely to gain much by expanding them, analysts said on Wednesday.The move, announced on Tuesday when the U.S. and China began charging additional port fees targeting each other's vessels