Cuban forces killed four people and wounded six others aboard a Florida-based speedboat that entered Cuban waters on Wednesday and opened fire on a Cuban patrol, the Cuban government said at a time of heightened tensions with the United States.The wounded were evacuated and receiving medical attention, while the Cuban patrol commander was also wounded, Cuba's Interior Ministry said in a statement
Britain targeted Russia's two largest oil companies, Lukoil and Rosneft, and 44 shadow fleet tankers on Wednesday in what it described as a new bid to tighten energy sanctions and choke off Kremlin revenues.Lukoil and Rosneft were designated under Britain's Russia sanctions laws for what London described as their role in supporting the Russian government.
Meyer Werft has laid the keel for Disney Cruise Line's new Disney Believe, placing a specially minted Tinker Bell coin beneath it as construction of the 144,000-GT cruise ship advances in Papenburg in Germany.The traditional ceremony marked the start of assembly of the vessel's second gigablock.
The UK's FTSE 100 rose on Monday, steadying after its steepest drop since April last week, as prospects of higher crude supplies kept prices in check.The blue-chip FTSE 100 index closed 0.34% higher at 10,497.94 points. The midcap FTSE 250 dipped 0.29% to 24,123.75 points.Brent crude futures LCOc1dipped 0.44% to $101.
Somali pirates killed five crew members of the hijacked MT Honour 25 petroleum products tanker before it was rescued by security forces, Somalia's semi-autonomous state of Puntland said on Tuesday.Puntland's authorities said they also rescued a second vessel on Tuesday that had been hijacked in May.
Saudi Arabia has shut down its East-West pipeline, after the vital oil conduit came under aerial attack in the widening Middle East war, threatening to send energy prices even higher.The world’s largest crude oil exporter said it temporarily closed the pipeline as a precaution after a drone attack that both Baghdad and Riyadh said had originated in Iraq, where Iranian-backed militias operate.
Marine fuel buyers entered 2026 facing a perfect storm, suffering some of the highest bunker prices ever experienced, paired with a sharp and concerning decline in fuel quality. Across the traditional marine fossil fuel supply chain, VPS has seen a marked rise in fuel quality issues, with the Middle East conflict playing a major role in driving both price volatility and quality deterioration.
German companies are reporting growing disruption from Rhine water levels that have hit record lows, with chemical producers, utilities, steelmakers and agricultural traders warning of higher costs, transport bottlenecks and curbed production.While Germany has not yet suffered the widespread production outages experienced during previous Rhine crises
The wreckage of the Coast Guard Cutter Tampa has been located and confirmed by the British technical-diving team Gasperados. The site lies approximately 50 miles off Newquay, Cornwall, United Kingdom, at a depth exceeding 300 feet deep in the Atlantic Ocean.Tampa was lost in 1918 during World War I after being torpedoed by a German submarine in the Bristol Channel.
P&I correspondents are being urged to strengthen their payment verification procedures after a fraudster intercepted email communications during a sensitive crew claim and diverted a US$200,000 settlement, according to International Transport Intermediaries Club (ITIC).In a case cited in ITIC’s most recent Claims Review
Freire Shipyard held in Vigo the keel-laying ceremony for the new Diver Support Vessel (NC 739) for the Spanish Navy. Delivery is scheduled for November 2026.The Diver Support Vessel (EAB) will be a specialized platform designed to assist the Navy’s Diving School (EMB) in the training of all diving disciplines.
The National Oceanic and Atmospheric Administration (NOAA) awarded a $95 million contract to JAG Alaska, Inc., a shipyard based in Alaska, for a mid-life renovation of the Oscar Dyson. This project not only enhances NOAA’s operational readiness but also boosts Alaska’s economy by creating skilled jobs.