Iran Assures Safe Hormuz Transit for Philippine Vessels
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.
Bahrain Push for Hormuz Shipping Resolution Hits Hurdles at UN
Bahrain's effort to secure a U.N. resolution to authorise "all necessary means" to protect commercial shipping in and around the Strait of Hormuz ran into new obstacles on Wednesday, underscoring divisions over how to deal with Iran's effective closure of the waterway that has resulted in the worst energy-supply disruption ever.Bahrain, which took over the presidency of the 15-member U.N. Security Council for the month of April, had circulated a fresh version of a draft resolution that dropped a previous explicit reference to binding enforcement…
Pakistan Prepares for Talks on Ending Iran War
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 region as well as potential U.S.-Iran talks in Islamabad."Pakistan will be honored to host and facilitate meaningful talks between the two sides in coming days…
Iran Grants Malaysian Vessels Safe Passage Through Strait of Hormuz
Malaysia's Prime Minister Anwar Ibrahim said on Thursday he had spoken to the leaders of Iran, Egypt, Turkey and other regional countries and said Malaysian vessels were now being allowed to pass through the Strait of Hormuz.Anwar in a televised address thanked Iran's president for allowing the passage of Malaysian ships."We are now in the process of releasing the Malaysian oil tankers and the workers involved so that they may continue their journey home," he said.Anwar said he talked with Iran and other countries as part of efforts to facilitate peace in the Middle East."But it is not easy, a
Freeport CEO Says Iran War Could Delay New US LNG Projects
Supply disruptions linked to the U.S.-Israeli war on Iran could delay construction of liquefied natural gas projects slated for development in the U.S., Freeport LNG CEO Michael Smith said on Wednesday at the CERAWeek energy conference in Houston.The U.S. is the world’s largest LNG exporter and has more new capacity under construction than any other country.Smith said the conflict’s impact could extend beyond oil and gas supply chains, affecting key materials such as steel and…
Thai Tanker Transits Hormuz after Iran Talks
A Thai oil tanker has safely passed through the Strait of Hormuz following diplomatic coordination between Thailand and Iran, and was not required to pay to escape the blockade, a Thai official and the oil major that owns the vessel said on Wednesday.The Bangchak Corporation BCP.BK-owned tanker crossed the strategic waterway on Monday after successful talks between Thai foreign minister Sihasak Phuangketkeow and Iran's ambassador to Thailand."I requested that if Thai ships need to pass through the strait…
China Mapping Ocean Floor Ready for Submarine Warfare
China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building detailed knowledge of marine conditions that naval experts say would be crucial for waging submarine warfare against the United States and its allies.In one example, the Dong Fang Hong 3, a research vessel operated by Ocean University of China, spent 2024 and 2025 sailing back and forth in the seas near Taiwan and the U.S. stronghold of Guam, and around strategic stretches of the Indian Ocean, ship-tracking data reviewed by Reuters shows.
China Maps Ocean Floor as It Builds Submarine Warfare Capability
China is conducting a vast undersea mapping and monitoring operation across the Pacific, Indian and Arctic oceans, building detailed knowledge of marine conditions that naval experts say would be crucial for waging submarine warfare against the United States and its allies.In one example, the Dong Fang Hong 3, a research vessel operated by Ocean University of China, spent 2024 and 2025 sailing back and forth in the seas near Taiwan and the U.S. stronghold of Guam, and around strategic stretches of the Indian Ocean, ship-tracking data reviewed by Reuters shows.
Bahrain Pushes UN Action on Hormuz Shipping, France Offers Alternative
Bahrain has put forward a draft U.N. Security Council resolution that would authorise countries to use "all necessary means" - diplomatic language for force - to protect commercial shipping in and around the Strait of Hormuz, according to a text seen by Reuters on Monday.Diplomats said the draft text was backed by other Gulf Arab states and the United States, although they said it was unlikely to get through the council, where Russia and China had veto power.France circulated a more conciliatory alternative draft resolution…
Iran Fires Missiles at Qatar Energy Hub
Iran accused Israel of striking its facilities in the huge South Pars gas field on Wednesday in a major escalation in the U.S.-Israeli war that sent oil prices shooting higher, and retaliated by vowing attacks on oil and gas targets throughout the Gulf, firing missiles at Qatar and Saudi Arabia.Qatar's state oil giant QatarEnergy reported "extensive damage" after the Ras Laffan Industrial City, an energy-industry hub, was hit by Iranian missiles. Saudi Arabia said it had intercepted…
Verlume Evolves Leadership to Support Next Phase of Growth
Following three consecutive years of revenue growth and expanding international demand for efficient offshore power delivery, Verlume is evolving its leadership structure to support its next phase of global expansion transitioning from technology commercialization to global scale-up.After founding Verlume and leading the company as CEO for 13 years, Richard Knox will transition into the role of Founder-CTO. In this position he will focus on customer engagement, innovation and technology strategy.
US Officials Predict Quick End to Iran War
U.S. officials responding to economic uncertainty over high oil prices predicted on Sunday that the U.S.-Israeli war on Iran would end within weeks and that a drop in energy costs would follow, despite Iran's assertion that it remains "stable and strong" and ready to defend itself.U.S. President Donald Trump threatened more strikes on Iran's main oil export hub Kharg Island over the weekend and said he was not ready to reach a deal to end the war which has shut off the vital Strait of Hormuz and shaken up global energy markets.Trump has said Iran wants to negotiate…
Iranian Oil Exports Continue Through Hormuz Strait as Gulf Flows Stall
Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from other Gulf countries, a Reuters review of tanker tracking data showed.Iran has exported about 13.7 million barrels of crude oil since Israel and the U.S. launched attacks on the country on February 28, according to analysis from TankerTrackers.com, a maritime intelligence company that specializes in tracking the so-called shadow fleet…
Exmar Deploys NexusWave Across Fleet
Inmarsat Maritime, a Viasat company, is rolling out NexusWave across Exmar’s growing fleet of gas carriers to meet the Belgian shipping company’s evolving commercial and crew connectivity demands.With the tech adoption, Exmar is seeking to close the gap between its ship- and shore-based teams while enhancing seafarer welfare on board its vessels. NexusWave fully managed connectivity service intelligently bonds multiple network underlays (GX Ka-band, LEO, LTE and L-band) to help ensure a consistent uninterrupted connection.
ILO, BIMCO Work on Injury Scheme for Ship Recycling Workers
The International Labor Organization (ILO) launched a pilot Employment Injury Scheme (EIS) in collaboration with BIMCO to strengthen the protection and rights of workers at ship recycling yards in Bangladesh, the world’s biggest ship recycling nation.The scheme works as a social insurance where the risk is pooled and shared by the industry. By paying into the EIS, sellers of end-of-life ships can help ensure that workers and their families receive adequate and timely compensation, in line with international labour standards, in case of permanent injury or death.
EXMAR Deploys Inmarsat's NexusWave Connectivity Service Across Fleet
Inmarsat Maritime, a Viasat company, is rolling out its NexusWave connectivity service across the fleet of Belgian gas shipping company EXMAR to support ship-to-shore communications and crew connectivity.The deployment targets EXMAR’s growing fleet of gas carriers operating globally in high-demand environments, where the company aims to strengthen links between vessels and shore-based teams while improving seafarer welfare.NexusWave is a fully managed connectivity service that bonds multiple network underlays including GX Ka-band, LEO, LTE and L-band to help ensure uninterrupted connectivity.
IEA Unleashes Record 400M Barrel Oil Stockpile Release Amid Iran War Disruptions
The International Energy Agency on Wednesday agreed to release a record 400 million barrels of oil from strategic stockpiles to combat a spike in global crude prices since the start of the U.S.-Israeli war with Iran, with the U.S. contributing the bulk of the supply.The IEA said all 32 member countries backed the move, the sixth coordinated stockpile release since the agency's creation in the 1970s. The United States will take a lead role by contributing 172 million barrels, according to U.S.
Breakthrough Technology Unveiled at Oceanology International
Major industry announcements and new product launches continued to drive significant visitor numbers and plentiful business activity as Oceanology International 2026 (Oi26) surpassed expectations on the second day at Excel London.Among the companies taking center stage, expanding platform OceanSight used Oi to unveil its new collection of ocean technology brands built to advance marine sensing and subsea intelligence, celebrating an exciting new chapter focused on accelerating innovation and strategic growth.OceanSight…
Maersk Redistributes Bunker Fuel to Ensure Supplies
Container shipping group Maersk said on Wednesday it is redistributing fuel to ensure supplies for its vessels as the Iran war disrupts the flow and storage of maritime fuel in the Middle East.The Danish carrier, one of the world's biggest container shipping groups, has 10 ships stranded in the Gulf. U.S. and Israeli attacks on Iran have fueled hostilities that threaten one-fifth of the world's oil, which sails out of the region via the Strait of Hormuz - the globe's most important…
Tankers Ablaze, Iranian Oil Still Shipping
Two foreign tankers carrying Iraqi fuel oil were subjected to unidentified attacks inside territorial waters, causing them to catch fire, Iraq's director general of the General Company for Ports Farhan al-Fartousi told Reuters on Wednesday.Iraq evacuated the 25 crew members from the two vessels and fire is still ablaze on both ships, he added.This follows news that three vessels had been hit by unknown projectiles, with one of the strikes leading to a fire onboard a ship which forced most of its crew to evacuate it.Meanwhile…
Trump Weighs Easing Russia Sanctions
U.S. President Donald Trump is considering easing oil sanctions on Russia and releasing emergency crude stockpiles as part of a package of options aimed at curbing spiking global oil prices amid the Iran conflict, according to multiple sources.The deliberations reflect White House worries that the surge in oil prices following more than a week of U.S. and Israeli strikes on Iran will hurt U.S. businesses and consumers ahead of the November midterm elections, when Trump's fellow…
Seafarer’s 30-Year Jail Term Upheld by Turkish Supreme Court
On March 9, Chief Mate Ali Albokhari’s 30-year sentence was upheld by the Supreme Court in Turkey.Albokhari was arrested in 2023 while working on the Panama-flagged Phoenician M after drugs were found in the vessel’s cargo holds. No evidence was found that linked any of the crew to the drugs, and all other crew members have long since been released from prison.The news comes as geopolitical threats are increasing for seafarers.NGO Human Rights at Sea joined the wider industry in calling for the protection of seafarers as war activities escalate in the Middle East.
Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal
Subsea7 has secured a large variation order by Turkish Petroleum Offshore Technology Center AS (TP-OTC) relating to the Sakarya field development in the Black Sea, offshore Türkiye.The award represents an extension to the contract announced by Subsea7 in August 2025 for the third phase of Sakarya and will connect the recently discovered Goktepe field to the Phase 3 floating production unit.The scope of work comprises engineering, procurement, construction and installation (EPCI) of approximately 20 kilometers of flexibles…