At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to speed, pause, or alter their journeys.Washington's decision to join Israel's attacks on Iran has stoked fears that Iran could retaliate by closing the strait between Iran and Oman through which around
Saronic accelerates its growth into autonomous shipbuilding with the acquisition of Gulf Craft, a Louisiana-based shipbuilder with a 60-year history of developing manned and unmanned ships for defense and commercial customers.Through this acquisition, Saronic gains a strategically located shipyard on the Gulf Coast that will serve as the prototyping and production hub for its medium unmanned
Offshore drilling contractor Seadrill has appointed Samir Ali as its new chief executive officer (CEO).Effective immediately, Samir Ali will step up from its Executive Vice President, Chief Commercial Officer (CCO) position to its new role, succeeding Simon Johnson.Ali has served as Executive Vice President, Chief Commercial Officer of the company since August 2022.
Inmarsat Maritime, part of Viasat, has secured a contract with Vega Reederei to equip 10 new diesel-electric coaster vessels with its NexusWave bonded connectivity service.The agreement covers installation of NexusWave on the 89-meter, 3,800-deadweight-tonne short-sea general cargo ships, scheduled for delivery by July 2026.
On Yonges Island, South Carolina, just up the Wadmalaw River from Charleston, the fourth-generation maritime company Stevens Towing Company continues to rewrite its own history. Long known for its towing and barge work, its ship repair business is growing at light speed, transforming what began decades ago as an internal maintenance yard into a dynamic commercial shipyard serving tugs, barges
Seadrill Limited announced its third quarter 2025 results.Quarterly Highlights:Secured contract awards across five rigs, adding over $300 million to Order Backlog.West Gemini, Sonangol Libongos and Sonangol Quenguela secured an estimated 1,000 days of incremental work in Angola, extending the longevity of the Sonadrill joint venture.West Vela was awarded two contracts in the U.S.
Johnson Controls International (JCI) and Denmark-based VIKING Life-Saving Equipment have signed a global agreement to provide coordinated fire safety service solutions for the maritime and offshore industries.As part of the partnership, VIKING has been appointed as the globally approved, trained
St. Johns Ship Building, a Jones Act shipyard and a subsidiary of Americraft Marine, has been awarded a new contract by Johnson Bros. Corporation, a Southland Company, for the construction of three 140’ x 40’ x 8’ steel material deck barges with spud wells.All fabrication and assembly work will be performed at St. Johns Ship Building’s Palatka, Florida facility.
Coventry, Rhode Island recently took delivery of a 19’ RIBCRAFT 5.85 for their police department. This specialized RIB enhances their patrol and response capabilities while providing a safe platform for public safety efforts during on-water events. Located in the Pawtuxet River Valley
U.S. Representative Dusty Johnson (R-S.D.) introduced legislation to reauthorize the Federal Maritime Commission (FMC), the independent federal agency responsible for regulating the U.S. international ocean transportation system.“Ocean shipping is a critical aspect of America’s national, food, and economic security.
At least two supertankers made U-turns near the Strait of Hormuz following U.S. military strikes on Iran, shiptracking data shows, as more than a week of violence in the region prompts vessels to speed, pause, or alter their journeys.Washington's decision to join Israel's attacks on Iran has stoked fears that Iran could retaliate by closing the strait between Iran and Oman through which around
Oil market participants have switched to dreading a shortage in fuel from focusing on impending oversupply in just two days this week.After Israel attacked Iran and Tehran pledged to retaliate, oil prices jumped as much as 13% to their highest since January as investors price in an increased probability of a major disruption in Middle East oil supplies.