Vineyard Wind Sues GE Vernova to Block Offshore Wind Project Exit
Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova from terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on the eve of completion.Vineyard Wind, a joint venture between Spain's Iberdrola IBE.MC and Denmark's Copenhagen Infrastructure Partners, filed a lawsuit this week in a state court in Boston accusing the…
Iran-Linked Tankers Sail Through Hormuz Before US Blockade
Two oil tankers linked to Iran exited the Gulf on Monday via the Strait of Hormuz ahead of a planned U.S. blockade on Iranian ports and coastal areas, shipping data from Kpler and LSEG showed.The tanker Auroura is laden with Iranian oil products while the New Future tanker is carrying diesel loaded from the Hamriyah port in the United Arab Emirates, Kpler data showed.(Reuters - Reporting by Florence Tan in Singapore and Jonathan Saul in London; Editing by Andrew Cawthorne)
China Calls for De-Escalation as US Threatens Hormuz Blockade
China urged calm and restraint by all sides on Monday, following U.S. President Donald Trump's threat to blockade the Strait of Hormuz after the failure of weekend talks in Islamabad aimed at ending the Iran war.Before the war, most Iranian oil exports were shipped to China, the top global importer of crude.Keeping the key Strait of Hormuz waterway safe, stable and unimpeded served the interest of the international community…
Solstad’s Normand Fortress CSV Gets $56M Extension with Petrobras
Norwegian offshore vessel owner Solstad Maritime has secured a two-year extension of the current contract for the subsea construction vessel (CSV) Normand Fortress with Petrobras.The extension will start in early July 2026. Under the extended contract, the vessel will provide accommodation services to support production activities on the Brazilian continental shelf.The gross contract value for the…
Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade
Oil prices surged on Monday as the U.S. moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and bonds fell.The U.S. move, aimed at putting pressure on Tehran, leaves a fragile ceasefire hanging in the balance and no end in sight to the choke on Middle East energy exports - though the mood on trading floors leaned toward hoping for…
UK Declines to Support US Hormuz Blockade, PM Starmer Says
British Prime Minister Keir Starmer said on Monday that whatever the pressure, Britain would not be dragged into the Iran war nor be involved in a blockade of the Strait of Hormuz."We're not supporting the blockade," he told BBC Radio 5 Live, adding that it was vital to get the Strait reopened."It is, in my view, vital that we get the Strait open and fully open, and that's where we've put all of our efforts in the last few and we'll continue to do so…
Hormuz Crisis Signals New Era of Risk for Gulf Energy
The Iran war and the closure of the Strait of Hormuz have shattered a status quo that prevailed among Middle East oil and gas producers for decades. Even if the current, shaky ceasefire holds, the uneasy “new normal” has likely set the stage for yet another round of conflict.Tehran has now demonstrated both its ability and willingness to seal off the critical waterway and strike vital infrastructure across the region…
Firming Baltic Dry Index is Headwind for Recyclers
The single most consequential development of Week 15 came out of Washington, not the recycling yards, reports cash buyer GMS. President Trump’s decision to delay planned strikes on Iranian energy infrastructure by five days, alongside comments describing talks with Iran as “productive,” triggered the sharpest oil reversal since the conflict began.The Baltic Dry Index rose to 2,139 by April 8, continuing…
EU Emissions Trading System Sustains Downward Trend in Emissions
The European Commission has published the verified EU Emissions Trading System (EU ETS) emissions data for 2025 showing a -1.3% reduction in ETS emissions, compared to 2024 levels.This reduction continues the steady downward trend of emissions. Since the ETS was launched in 2005, the system has halved emissions in the sectors it covers. It remains on track to achieve the 2030 target of a 62% reduction.For maritime…
Singapore: Container Ship Fire Extinguished
A fire involving containers on board the London-registered container vessel Ever Lenient at Singapore’s PSA Pasir Panjang Terminal was extinguished on April 11.Firefighting efforts continued through the night, led by the Singapore Civil Defence Force, with Maritime and Port Authority of Singapore deploying patrol craft to conduct seaward cordon duties and drones to provide aerial surveillance in support…
Gaza Aid Flotilla Aims to Break Israeli Blockade
A second flotilla carrying humanitarian aid to Palestinians in Gaza was due to set sail on Sunday from the Spanish port of Barcelona, aiming to try to break the Israeli blockade.Thirty-nine boats were due to leave the Mediterranean port city, a spokesperson for the flotilla said, and more vessels also laden with medical aid and other supplies are expected to join along the route towards Palestine.Rough…
US Navy to Block Ships from Iranian Ports
President Donald Trump said on Sunday the U.S. Navy would start blockading the Strait of Hormuz, raising the stakes after marathon talks with Iran failed to reach a deal to end the war, jeopardizing a fragile two-week ceasefire.The U.S. Central Command said U.S. forces would begin implementing the blockade of all maritime traffic entering and exiting Iranian ports at 10 a.m. ET (1400 GMT) on Monday.It…
The IWH Group Launches Blue Future to Help Maritime SMEs Repair Digital Readiness Gap
The IWH Group has launched Blue Future, a new service designed to help marine and offshore organizations assess their digital preparedness, define a realistic target operating model, and build a roadmap from legacy, manual ways of working to more resilient, scalable digital operations. The offer is aimed at organizations including ship owners, ship operators, charterers, port agents, ship management companies…
Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity
Port Tampa Bay welcomed a container vessel Thursday that set a new record for carrying capacity at the port. The ZIM Canada docked with 11,900 twenty-foot equivalent units (TEUs), nearly 2,000 more than any vessel previously handled at the port. The arrival underscores the port’s growing role in handling larger, high-capacity container ships and highlights the importance of ongoing infrastructure investments.The ship…
US Considers Extending Russian Oil Waiver as Prices Spike During Iran Conflict
President Donald Trump's administration is likely to extend as soon as Friday a waiver allowing countries to buy some sanctioned Russian oil and petroleum products, two sources familiar with the matter told Reuters.The U.S.
Pakistan Navy Evacuates Merchant Ship Crew
Pakistan said its navy had rescued and evacuated 18 crew members of a merchant vessel operating in the North Arabian sea after a distress call.The rescued crew members of the vessel, GOLD AUTUMN, who included nationals of China, Bangladesh, Myanmar, Vietnam and Indonesia, were safely transported to Karachi for medical care and repatriation, a statement from Pakistan's military said.(Reuters)
USS Harvey C. Barnum, Jr. Prepares for April 9 Commissioning
Arleigh Burke-class guided-missile destroyer USS Harvey C. Barnum, Jr. (DDG 124) will be commissioned on Saturday, April 11, 2026, at 10 a.m. EST in Norfolk.DDG 124 is the latest destroyer built in the Flight IIA configuration.The commissioning ceremony will live stream on the Defense Video Information Distribution Service (DVIDS) at www.dvidshub.net/webcast/37421. The live stream will begin at 9:50 a.m. EST, and the ceremony will begin at 10 a.m. EST on April 11.
Saturn Launched, First in New RAL Rapport 3000 Escort Tug Series
Master Boat Builders launched Saturn, the first vessel in the new H500 series of Rapport 3000 escort tugs built for Suderman & Young Towing Company, marking Master…
Vale, Shandong Shipping Sign Deal for Ethanol-Powered Carriers
Brazilian mining firm Vale has signed an agreement with China's Shandong Shipping Corporation to build the world’s first ocean-going vessels powered primarily by ethanol, as part of efforts to cut emissions in maritime transport.The agreement covers the construction of two Guaibamax bulk carriers under 25-year contracts, with delivery scheduled from 2029 and options for additional vessels.The ships will be capable of running on ethanol…
Oil Spill Forces Partial Shipping Halt at Port of Antwerp
Shipping traffic around Belgium's Port of Antwerp has been partially halted because of an oil spill that has spread from one of the port's docks into the river Scheldt.Antwerp harbour typically handles 60 to 80 ships daily. A port spokesperson could not immediately say how long traffic will remain halted or how many ships would be affected."An oil spill occurred during a bunkering operation in the Deurganckdock.