Heavy sweet oil is being chased by refiners and marine fuel blenders amid the Iran war disruptions
Heavy sweet oil sought by refiners amid Iran war, causing marine fuel shortages due to Middle East import disruptions.
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Heavy sweet oil sought by refiners amid Iran war, causing marine fuel shortages due to Middle East import disruptions.
CMB.Tech to receive 11 ammonia-powered vessels by mid-2026 as part of their decarbonisation plans w/ green ammonia sources and advanced logistics.
U.S. Navy equips warships with Patriot missiles as defense against hypersonic threats from China, marking a naval integration milestone.
Navantia and TKMS explore strategic cooperation in naval projects amidst rising demand and shipyard capacity bottlenecks in Europe.
Vale inks 25-year deal with Shandong for ethanol-powered vessels, promoting decarbonization in maritime transport.
US confirms use of unmanned drone boats to patrol against Iran, marking its first deployment in such a conflict.
Fincantieri sees profits soar with an 88% revenue rise in their underwater segment. Shares rise 7.5%. Outlook confirmed for 2025.
Rising conflict sees sea drones targeting oil tankers in the Middle East, threatening key shipping lanes like the Strait of Hormuz.
Maersk redistributes fuel to vessels due to Iran war's disruption of Middle East fuel flow, ensuring continuous operation.
Three vessels struck by projectiles in the Strait of Hormuz, leading to a fire on one ship. Crews are safe, investigation ongoing.
TMC USA's seabed mining permit advances, meeting all US regulatory requirements. Public comments complete.
Maltese container ship Safeen Prestige hit by a projectile in the Strait of Hormuz, crew safely abandons vessel, no injuries reported.
Technip CEO claims floating wind market is smaller than expected due to low demand and high costs.
Salient Motion lands its first production contract to innovate business-class seating with Aviointeriors.
U.S. forces seize a sanctioned oil tanker, Bertha, in the Indian Ocean, marking the third such interdiction in recent times.