Beier Integrated Systems Shares Changes in Executive Management
Beier Integrated Systems announced the following changes to its Executive Leadership Team. Karl Beier will transition from his current role as President and Chief Executive Officer (CEO) to serve as Chairman of the Board. As Chairman, Karl will continue to provide strategic guidance and support to the organization. Kory Beier has been appointed President and Chief Executive Officer (CEO). In this role…
TOTE Services Hosts Medium Landing Ship (LSM) Industry Day
TOTE Services, LLC, a leading U.S. maritime services company specializing in vessel construction management and ship management, hosted more than 30 commercial shipbuilders, equipment manufacturers, marine suppliers, and defense contractors from over a dozen states across the country for its Medium Landing Ship (LSM) Industry Day.The Industry Day serves as the foundational step in assembling a reliable…
Seven Chinese Vessels Permitted to Sail to Europe via Russian Arctic Route
Russia's state nuclear giant Rosatom, operator of the Northern Sea Route via the Arctic, said on Friday it had issued permits for seven Chinese transit vessels to sail to Europe via the NSR.Chinese container company Sea Legend Shipping plans to launch the first regular container service to Europe via the NSR, Alexei Likhachev, Rosatom's head, said."Unlike previous container shipments via the Northern Sea Route, which were largely experimental or one-off in nature, the 2026 programme provides for
ADNOC Operations Impacted by Vessel, Staff Attacks
Abu Dhabi National Oil Company said on Friday it was being significantly impacted by what it described as unprovoked attacks on its people and assets, as it sought to continue meeting customer requirements in an "exceptionally challenging environment."ADNOC said in a statement that 15 of its vessels had been attacked by missiles and drones while transiting the Strait of Hormuz since the start of the conflict…
Corn Belt Ports Co-Hosts National Waterways Conference Annual Meeting
This year's annual meeting for the National Waterways Conference will be held in Moline, Illinois, co-hosted by Corn Belt Ports. This marks the first non-coastal state to host since Memphis, Tennessee in 2019.Attendees will be able to connect with water and waterways leaders, federal partners, and industry stakeholders for three days of policy discussion, networking, and on-the-water learning along the Upper Mississippi River system.Moline sits in the heart of the Quad Cities…
SLB, Equinor to Upgrade Vessel Under Multi-Year Well Stimulation Deal
SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf, including a major upgrade of the well stimulation vessel MV Island Captain.The agreement provides dedicated stimulation capacity to support the development of tight offshore reservoirs and help maximize recovery from future wells.As part of the contract, MV Island Captain…
Nichols Brothers to Build Bew San Francisco Bar Pilots Station Vessel
Nichols Brothers Boat Builders (NBBB) has been awarded a contract by the San Francisco Bar Pilots Benevolent and Protective Association to build the organization's next-generation station vessel.Designed by Glosten, the vessel will measure approximately 110 feet in length and is being built to support the San Francisco Bar Pilots as they guide commercial vessels through the waters of San Francisco…
Oil Climbs as Hormuz Transit Plan Raises Fresh Concerns
Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz, as Iran, working with Oman, suggested banning vessels deemed hostile from the strait and heavily fining those which violated the proposed rules.Brent crude futures LCOc1 were up 85 cents, or 1.03%, at $83.34 a barrel by 0634 GMT. U.S. West Texas Intermediate futures CLc1 rose 52 cents, or 0.67%, to $77.81.Oil futures settled up more than $3 a barrel on Thursday as Iran reviewed a bill to ban U.S.
ADNOC L&S Acquires 11 Vessels in $1.3B Fleet Expansion Deal
ADNOC Logistics & Services (ADNOC L&S) has agreed to acquire 11 tankers for approximately $1.3 billion, expanding its crude oil and liquefied petroleum gas (LPG) shipping capacity to support ADNOC Group's growing production, trading and export activities.The acquisition comprises five very large gas carriers (VLGCs) and six very large crude carriers (VLCCs). Nine vessels - six VLCCs and three VLGCs…
