Despite the current ceasefire between the United States and Iran, it remains too risky to move the thousands of sailors stuck in the Gulf, the head of the IMO said."We will not be able to activate anything until the root causes are addressed and there is more of a final agreement, a ceasefire, or complete agreement, between the parties involved in the conflict," Arsenio Dominguez
Iran said it had captured two container ships seeking to exit the Gulf via the Strait of Hormuz on Wednesday after firing on them and another vessel, in its first seizures since its war with the United States and Israel began in February.Iran's semi-official Tasnim news agency reported the seizures and added its Revolutionary Guard Corps Navy had warned that any disruption to order and safety in
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.
Twelve crew members were injured after an unknown projectile struck Panama-flagged oil tanker On Peace while it was passing through the Strait of Hormuz, India's foreign ministry said on Tuesday.A tanker was attacked on Monday causing a fire in its engine room, the United Kingdom Maritime Trade Operations agency reported without naming the vessel.
Orders for alternative-fuelled vessels reached 168 in the third quarter of 2026, the highest quarterly total in two years, as contracting activity accelerated following a slower start to the year, figures from DNV’s Alternative Fuels Insight (AFI) platform showed.September accounted for 69 orders, the highest monthly total since October 2024, according to DNV’s AFI.
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 38 new orders for alternative-fueled vessels were placed in April 2026.The majority of these orders (20) were for LNG-fueled vessels. Eight of these were for vessels in the car carrier segment, six for container vessels, four for crude oil tankers, and two for cruise vessels.
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, 17 new orders for alternative-fuelled vessels were placed in February 2026.This was almost entirely accounted for by LNG-fuelled vessels (14), with all of these orders placed by the container segment. The remaining three orders were for dual-fuelled ethane gas carriers.
According to the latest figures from DNV’s Alternative Fuels Insight (AFI) platform, a total of 20 new orders for alternative-fueled vessels were placed in January 2026. Activity continues to be dominated by LNG-fueled container vessels, which accounted for 16 of these orders, with one methanol-fueled offshore vessel and three LPG vessels making up the remainder.
LNG-fueled container ships helped sustain the share of alternative fuels in the global shipbuilding orderbook in 2025, even as overall newbuilding activity slowed sharply following a record year, according to data from classification society DNV.Annual figures from DNV’s Alternative Fuels Insight platform show that while total newbuild orders fell to 2,403 vessels in 2025 from 4
For Major General Jason Kelly, Rebuilding and Maintaining the Nation’s Critical Waterway Infrastructure is personal.When Major General Jason Kelly reflects on his path to leading the United States Army Corps of Engineers’ (USACE) Civil Works mission, he doesn’t describe a straight line.
Eastern Shipbuilding Group (ESG) launched the first of the four Saltchuk escort tugs.“We are proud to advance this important project for Saltchuk Marine and look forward to continued progress as we move toward delivering these high-quality escort tugs,” said Joey D’Isernia, CEO of Eastern Shipbuilding Group, Inc.
On October 23, Damen Shipyards Group delivered an ASD Tug 2111 to WUZ Port and Maritime Services in the Port of Rotterdam. The vessel Argo is the eighth Damen tug to set sail in the WUZ Port and Maritime Services fleet. The company is growing its fleet in order to support the development of the Port of Gdansk, Poland.