The U.S.-Israeli war on Iran has threatened Gulf ports and disrupted global trade through the Strait of Hormuz, a vital waterway through which roughly a fifth of the world's oil and liquefied natural gas normally passes. Iran's Revolutionary Guards have warned that any ship passing through the narrow Strait will be targeted.Below is a list of reported attacks since the U.S.
Thermal Dynamics, an ESAB brand, unveiled its next generation of manual plasma cutters, Cutmaster 90X and Cutmaster 110X, in booth #S29025 at FABTECH 2026 in Las Vegas. The Cutmaster X series features a consumables design and patented arc starting mechanism that has no moving parts. After establishing airflow, it starts the arc in a few thousandths of a second, improving cutting performance.
Shipping companies can now harvest data on enhanced fuel performance as verified CO₂ reductions that they convert into Gold Standard carbon credits using Aderco’s ‘measure-as-you-go’ program, 2055G+, writes Gérald Baiwir, Head of Environment, Aderco.Looking beyond compliance with environmental regulations
Capt. Jonathan Andrechik transferred command of Coast Guard Sector New York to Capt. Doreen McCarthy Monday, during a change-of-command ceremony at Sector New York in Staten Island. Rear Adm. Michael Platt, Commander, Coast Guard Northeast District, presided over the ceremony.Capt. McCarthy reported to Sector New York and has served as the deputy commander since May of 2024.
Germany’s Lloyd Werft Bremerhaven has been selected as the shipyard partner for Beyond Horizons, a 155-meter superyacht that aims to introduce a new private members’ club concept to the luxury maritime market.The announcement marks a key milestone for the Maybach Ocean Club project, moving the vessel from concept into the construction phase.
On January 4, 2025, while moored in the Port of Mobile, Alabama, a foreign-flagged cargo vessel equipped with a SAACKE Monoblock Rotary Cup Burner SKVJ-M 14 Mark I burner system on a marine boiler experienced a significant engine room fire. The incident began with a high-pressure fuel leak from the oil fittings block
Vessev, a technology company designing and building electric passenger vessels, announced the launch of a new hydrofoiling network in Hobart, Australia, marking a step in using waterways as an efficient, scalable, zero-emissions layer of urban transport.Fly Derwent, a new clean energy transport venture, will launch the network on the Derwent River
Pakistan said its navy had rescued and evacuated 18 crew members of a merchant vessel operating in the North Arabian sea after a distress call.The rescued crew members of the vessel, GOLD AUTUMN, who included nationals of China, Bangladesh, Myanmar, Vietnam and Indonesia, were safely transported to Karachi for medical care and repatriation, a statement from Pakistan's military said.
The Propane Education & Research Council (PERC) will showcase how propane and renewable propane can support reliable, lower-carbon port operations at the Port of the Future Conference at Hilton University of Houston on March 24-25.As a Gold Sponsor of the event, PERC will spotlight how propane helps ports reduce emissions while maintaining continuous operations.
Daughter Craft No. 3, commissioned by Purus, is progressing through final outfitting ahead of sea trials. Engines are now installed with Volvo Penta IPS drives, and the vessel’s electronics and interior systems are well underway in outfit.Diverse Marine has worked with Chartwell Marine to produce this daughter craft design
The Bureau of Ocean Energy Management announced proposed revisions to its regulations governing hard mineral resources on the U.S. Outer Continental Shelf aiming to advance exploration and development of critical minerals essential to national security, economic competitiveness and technological progress.
This past year won’t soon be forgotten. In 2025, conventional thinking about economics and investor behavior was frequently challenged, as dramatic changes in technology, energy and geopolitics drove markets in often unexpected ways.As the clock turns to 2026, here are 8 general market movers that can help explain what happened in 2025 and what it might mean for 2026 and beyond.1.