Supertanker costs in the Middle East have hit all-time highs, according to shipping data and industry sources on Tuesday, as the U.S.-Iran conflict intensifies with Tehran attacking ships passing through the Strait of Hormuz.Shipping through the Strait between Iran and Oman, which carries around one-fifth of oil consumed globally as well as large quantities of liquefied natural gas
More than 200 guests attended the official naming ceremony of Stena Line’s newest vessel, Stena Futura, at Belfast Harbour. The 147-mhybrid freight ferry Stena Futura is the first of two next-generation “NewMax” freight vessels purpose-built for the busy Belfast–Heysham route. The ship is methanol-ready and equipped with hybrid propulsion systems
The construction of Captain Arctic, a 69-meter near-zero-emission exploration vessel designed for sustainable cruising in polar waters, has reached a major milestone as its hull was completed by Goltens Dubai, marking the start of final outfitting and integration work.The vessel, owned by French company SELAR and built in collaboration with Chantier Naval de l’Océan Indien (CNOI) and Goltens
Green hydrogen developers are cancelling projects and trimming investments around the world, raising the prospect of longer than targeted reliance on fossil fuels.The challenges facing the sector have exposed its initial ambitions as unrealistic.Hard-to-electrify industries that were seen as ideal candidates for green hydrogen, such as steelmaking and long-distance transportation
The Philippines has received an assurance from Iran that it will allow the safe passage of Philippine-flagged vessels, fuel and Filipino seafarers through the Strait of Hormuz, Manila's foreign ministry said on Thursday.The assurance came after Philippine foreign minister Ma. Theresa Lazaro spoke with her Iranian counterpart Abbas Araqchi
Hartman Seatrade has selected the LS 250 heavy-duty ship crane to outfit its latest vessels. The cranes, supplied by Liebherr, are configured for tandem operations, allowing combined lifts of up to 500 tons for project cargo. Engineered for versatile cargo handling, the LS 250 delivers dependable lifting performance even in demanding maritime conditions.
Kongsberg Maritime has been selected to supply a fully integrated equipment package for a next-generation ultra-large cable laying (CLV) vessel being built for LS Marine Solution at Tersan Shipyard in Türkiye.The vessel, designed to support growing global demand for subsea high-voltage direct current (HVDC) and optical cable installation, will be 148.
Coal-fired power generation decreased 1.9% in 2025; non-fossil generation outpaces demand growthChina's coal-fired power generation decreased 1.9% in 2025, marking a historic shift driven by new non-fossil generation that has finally outpaced demand growth, according to a recent report from Wood Mackenzie.
Scottish engineering and consultancy firm Wood has secured a ten-year contract with NextDecade to deliver maintenance solutions at Rio Grande LNG, a major natural gas liquefaction and export facility under development near Brownsville in Texas.Wood will provide comprehensive maintenance services to support operations at the approximately 1,000-acre site.
China's defence ministry accused Philippine Coast Guard vessels on Friday of "dangerous manoeuvres" in response to reports of a collision earlier this week between two Chinese vessels near Scarborough Shoal in the disputed South China Sea.The Philippine vessels' actions "seriously endangered the safety of Chinese vessels and personnel," ministry spokesperson Jiang Bin.
dship Carriers from Hamburg has selected Liebherr’s LS 250 heavy-duty cranes to equip at least four of the ships in its fleet.The LS 250 cranes are designed to comply with the requirements of the St. Lawrence Regulations. These regulations apply to ships navigating the St. Lawrence Seaway and connecting the Great Lakes in Canada with the Atlantic Ocean.
LS Eco Advanced Cables (LSEAC) has launched a five-week public consultation on its proposals to develop a high voltage cable production facility at the Port of Tyne for subsea electricity transmission, designed to transport clean energy generated by offshore wind onto UK shores.While plans are at an early stage and still being finalized, total investment is expected to be approximately $1.