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 prices slid about 2% on Thursday after U.S. President Donald Trump softened threats against Greenland and Iran, and as investors assessed the supply-demand outlook.Brent futures fell $1.01, or 1.6%, to $64.23 a barrel at 11:26 a.m. EDT (1626 GMT). U.S. West Texas Intermediate (WTI) crude fell 96 cents, or 1.6%, to $59.66 a barrel, headed for its lowest close since January 15.
Fluid Marine, a U.S. builder of mission-ready rigid inflatable boats for law enforcement, search and rescue, and commercial operators, announced today that Tony Van Meter has joined the company as Executive Vice President, effective January 12, 2026.Van Meter brings more than three decades of experience in the maritime industry
Tony Siciliano provides a bunch of his friends and I with an invaluable service by sending us daily emails with copies of articles that may be interest to us. This includes an occasional maritime court or regulatory decision. I tend to ignore the court decisions, but a decision with this title piqued my interest: Admiralty Court determines salvage remunerationSD Rebel BV & another -v- Elise
Oil prices fell below $60 a barrel on Tuesday, the lowest since May, as prospects for a Russia-Ukraine peace deal appeared to strengthen, raising expectations sanctions could be eased.Brent crude futures fell $1.03, or around 1.7%, to $59.53 a barrel at 1340 GMT, while U.S. West Texas Intermediate crude was trading at $55.76, down $1.06, or 1.9%.
C&C Marine and Repair has promoted Nick Bergeron to General Manager.Bergeron brings more than 30 years of marine industry experience to his expanded role. Prior to joining C&C Marine, he spent 25 years with Zito Companies in a variety of leadership and operations positions.“Nick has been a tremendous addition to the C&C family,” said Tony Cibilich, Owner of C&C Marine and Repair.
The New Zealand Navy will return to service in the third quarter of 2026 one of two offshore patrol vessels idle since 2021, the chief of the defence force said on Tuesday, at a cost running into millions of dollars.Tony Davies told a select committee of parliament the decision to bring HMNZS Otago out of care and custody arrangements followed the sinking of a specialist dive and hydrographic
Homeland ministers from Britain, the United States and the other "Five Eyes" alliance will announce new measures this week to increase border security and target people smugglers, British interior minister Shabana Mahmood said on Sunday.The ministers from the Five Eyes intelligence sharing network - the U.S.
A ship carrying Russian crude transferred from three smaller tankers that are under U.S. sanctions unloaded last week at a Chinese port, shiptracking data shows, ending an unusual month-long voyage highlighting the efforts of producers and traders to keep Moscow's oil flowing despite tightened curbs.
U.S. energy firms this week cut the number of oil and natural gas rigs operating for a third week in a row to the lowest since December 2021, energy services firm Baker Hughes BKR.O said in its closely followed report on Friday.The oil and gas rig count, an early indicator of future output, fell by four to 576 in the week to Jan. 24.
Fincantieri Marinette Marine (FMM) will receive $3 million from the State of Wisconsin to improve marine infrastructure along the Menominee River where the company builds surface combatant ships for the U.S. Navy.Governor Tony Evers and the Wisconsin Department of Transportation announced today that five in-state projects will receive more than $10 million in Harbor Assistance Program grants.