Two more tankers laden with crude exited the Strait of Hormuz last week with trackers switched off to avoid Iranian attacks, Kpler shipping data showed, underscoring a rising trend to sustain Middle East oil exports.The very large crude carrier (VLCC) Basrah Energy loaded 2 million barrels of Upper Zakum crude from Abu Dhabi National Oil Co's (ADNOC's) Zirku terminal on May 1 and exited the
As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down towards $60/barrel amidst economic uncertainty and a wider than anticipated opening of the taps by major oil producers.
Anyone who has attended a writer’s conference has heard writers, editors, agents and publishers repeat the same mantra: “Show, don’t tell.” You can likely intuit what this means, but just to be clear, if you are writing a western thriller and you are describing a bar fight, it can’t be told matter-of-factly.
By Richard Gunn and Julia Cyrson, Reed Smith LLPIn the largest penalty the International Tribunal for the Law of the Sea (ITLOS) has ever levied, a Special Chamber ruled unanimously against Equatorial Guinea on May 27, 2026, ordering it to pay over €14 million in damages to the Republic of the Marshall Islands for the unlawful seizure of a commercial tanker and detention of its multinational crew.
For inland towboat operators, engine selection is rarely about chasing the newest technology. Reliability, uptime, serviceability and lifecycle cost remain the metrics that matter most. Caterpillar Marine's new C32B engine is a 1,000-hp platform designed specifically with the demands of continuous-duty commercial operations in mind.
The Philippine Coast Guard has accused China of conducting illegal marine scientific research near the oil and gas-rich Reed bank within Manila's exclusive economic zone in the South China Sea, according to a statement on Thursday."We will continue to challenge any illegal activities that undermine our sovereignty and sovereign rights," PCG commandant Admiral Ronnie Gil Gavan said.
Ports of Indiana-Burns Harbor celebrated the start of the 2026 international shipping season Saturday with the arrival of the Ocean7 Ranger. The ocean vessel completed a 52-day voyage carrying equipment for facility improvements at U.S. Steel Gary Works, the largest integrated steel mill in North America.The 2026 opening of the St.
The International Energy Agency on Wednesday agreed to release a record 400 million barrels of oil from strategic stockpiles to combat a spike in global crude prices since the start of the U.S.-Israeli war with Iran, with the U.S. contributing the bulk of the supply.The IEA said all 32 member countries backed the move
After sustaining extensive damage in a December 2024 fire, the tug Lucinda Smith has returned to the water with a fresh start powered by Mitsubishi S12R-Y3MPTAW-3 Tier 3 engines rated at 1260HP @1600RPM each. The repower was completed by Windward Power with support from Laborde Products, giving the rebuilt vessel renewed strength and reliability for her work on the East Coast.
Christopher Ralph Lavers and Edmund G. R. Kraal have released a new edition of their volume 7 book, Advanced Electrotechnology for Marine Engineers - Reed's Marine Engineering and Technology Series. Copies can be purchased here.
MELTRIC announced the official launch of P66 – 660 amps at 1,100 volts alternating current and 1,500 volts direct current, with an 8-aux bundle.MELTRIC announced the launch of P66 – a safe, high-powered, and highly durable electrical connection engineered for mobile electrification in harsh and demanding industrial environments.
MELTRIC, an American manufacturer of switch-rated and standard-duty plugs and receptacles, announced the official launch of P66–a safe, high-powered, and highly durable electrical connection engineered for mobile electrification in harsh and demanding industrial environments.Rated to deliver up to 660 amps at 1,100 volts alternating current and 1,500 volts direct current