Iran said on Wednesday it had attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers, in the biggest declared wave of tit-for-tat attacks on shipping by both sides since the start of the six-month-old war.The attacks sent the price of oil surging, with benchmark Brent crude LCOc1 futures breaching $100 a barrel for the first time since July.
Iran's Islamic Revolutionary Guard Corps has threatened to close "all other export corridors that benefit the U.S. and its allies", Iranian media reported, after Iran shut the Strait of Hormuz and the U.S. reimposed a naval blockade of Iranian ports."Regional energy exports are either shared by all, or denied to all
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
Master Boat Builders christened Marauder, the first vessel in an eight-tug construction program for Maritime Partners, marking a key milestone for the Gulf Coast shipbuilder and the growing fleet operator.The christening ceremony was held at the National Maritime Museum of the Gulf in Mobile, Ala.
A joint letter organized by the American Biofuels Maritime Initiative (ABMI) has been sent to U.S. Secretary of State Marco Rubio ahead of this week's negotiations at the IMO MEPC 84 meeting in London. The effort is aimed at ensuring that global maritime decarbonization also translates into durable new demand for American biofuels and additional income streams for U.S.
A cargo ship carrying wheat sank in the Sea of Azov after coming under attack from Ukrainian drones, a Russia-installed official said on Sunday, leaving one person dead and two missing.Vladimir Saldo, Moscow-installed leader of the Russian-controlled parts of Ukraine's Kherson region
Explosive-laden Iranian boats appear to have attacked two fuel tankers in Iraqi waters, setting them ablaze and killing one crew member on Wednesday, after projectiles struck four vessels in Gulf waters, said port, maritime security and risk firms.The latest attacks on ships linked to the U.S. and Europe mark an escalation in the conflict between Iran and U.S.
On October 28, 2025 U.S. Senator Dan Sullivan (R-Alaska), Chairman of the Senate Committee on Commerce, Science, and Transportation’s Subcommittee on Coast Guard, Maritime, and Fisheries, convened the Senate hearing “Sea Change: Reviving Commercial Shipbuilding”. This hearing examined how to modernize and accelerate U.S.
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.
Malaysian patrols searched coastal waters in the Andaman Sea on Monday for dozens of members of Myanmar's persecuted Rohingya minority, after a boat believed to be carrying them sank last week and another went missing.At least 21 bodies have been found since the vessel went down on Thursday - 12 in Malaysia and nine in neighbouring Thailand - the regional head of Malaysia's maritime agency
The number of people confirmed dead after a boat carrying members of Myanmar's persecuted Rohingya community sank near the Thailand-Malaysia border rose to 11 on Monday, authorities said, with about 70 people believed to have been on board the capsized vessel.The status of another boat carrying 230 passengers remained unclear, Malaysian authorities said
The LPG-laden tanker MV Falcon was on fire and adrift on Saturday off the coast of Yemen, after it reported an explosion that forced members of its crew to abandon the vessel, the European Union's naval force Aspides said in a statement.The cause of the explosion was unclear but most likely an accident, according to initial indications, Aspides said.