Shippers on Wednesday said they needed more clarity on the terms of the U.S.-Iran ceasefire before resuming transit through the Strait of Hormuz, as Iran said the waterway remained closed to vessels sailing without a permit.The six‑week conflict had brought traffic through the strait - a chokepoint for about 20% of global oil and liquefied natural gas (LNG) shipments - close to a standstill
Pakistan said on Sunday it was preparing to host "meaningful talks" to end the conflict over Iran in coming days even though Tehran earlier accused Washington of preparing a land assault while seeking negotiations.Speaking after talks between regional foreign ministers, Pakistan's Foreign Minister Ishaq Dar said they had covered possible ways to bring an early and permanent end to the war in the
Canada's Prime Minister Mark Carney signed an agreement with Alberta's premier on Thursday that rolls back certain climate rules to spur investment in energy production, while encouraging construction of a new oil pipeline to the West Coast.Under the agreement, the federal government will scrap a planned emissions cap on the oil and gas sector and drop rules on clean electricity in exchange for
Bureau Veritas Marine & Offshore (BV) has announced the appointment of Dr. Jeffrey Guo as Senior Vice President, Asia Pacific, and Maciej Lepicki as Vice President, Greater China, effective June 1, 2026.As Senior Vice President for Asia Pacific, Jeffrey succeeds Alex Gregg-Smith, who was appointed President of BV Marine & Offshore in January 2026.
Logistic Services Inc. (LSI) announced the acquisition of substantially all assets of Five Rivers Distribution, LLC (Five Rivers), strengthening LSI’s inland waterways operations and expanding its presence on the McClellan-Kerr Arkansas River Navigation System.Five Rivers operates two strategically located multimodal terminals at the ports of Van Buren and Fort Smith, Arkansas.
Bureau Veritas Marine & Offshore (BV) will launch its latest Remote Inspection Technique (RIT) center in Athens, Greece, during a Digital Solutions Seminar at Posidonia 2026. The event – How Bureau Veritas Digital Solutions Reduce Risk, Lower Cost & Enhance Asset Value – will bring together industry leaders to explore how digitalization is reshaping risk management, operational performance
Bureau Veritas Marine & Offshore has launched an Offshore Center of Excellence in Asia Pacific to support offshore energy projects.The center will combine regional teams in Singapore, Shanghai and Kuala Lumpur with the company’s global technical network to support oil and gas and offshore renewable energy developments.
The Council of the International Association of Classification Societies (IACS) has announced the election of Alex Gregg-Smith to the position of IACS Chair. Mr. Gregg-Smith will assume the role on July 1, and his term of office will run until December 31, 2027.Mr. Gregg-Smith has over twenty years’ experience with Bureau Veritas
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.
The International Propeller Club announced its newly elected officers for 2025–2027. Members elected Costis J. Frangoulis, President of the Propeller Club of Piraeus, Greece, as International President at the Club’s 98th Annual International Convention in Lyon, France—a milestone that also marks the first non-American to hold the presidency in the organization’s 98-year history.
In a deal to deliver immersive training at scale to the maritime industry, ABS has signed an agreement to purchase the MetaSHIP intellectual property and related vessel simulator software assets from Orka Informatics as part of the strategic growth plan for ABS Training Solutions.The acquisition, subject to Turkish regulatory approval, will allow ABS to expand its digital training program
McCullough Engineering Services (MES) announced the successful completion of restoration efforts on the Stuyvesant, a trailing suction hopper dredge owned by The Dutra Group. The vessel suffered significant fire damage on November 2, 2024, and was returned to full operational status in less than eight months, completing sea trials on June 20, 2025.