Qatar is tallying up the damage from strikes on the world’s largest liquefied natural gas (LNG) export facility, Ras Laffan, at US$20Bn, with state-owned QatarEnergy set to declare ’long-term’ force …
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Access to real-time intelligence can lead to better safety outcomes for vessels engaged in complex operations at sea. The interfaces that provide real-time intelligence – and the strengthened situational awareness …
Utkilen reports the retrofit of chemical tanker Nordstraum has cut fuel consumption by 20%, while the Norwegian owner has also taken delivery of Havstraum, the first of four 6,700-dwt newbuildings …
Iranian reprisal for attack on world's largest gas field hits Qatar LNG facility, ports, and vessels
Iran has retaliated for what, according to US President Donald Trump, was a unilateral strike by Israel on Iran’s South Pars gas field, the world’s largest-known natural gas deposit that …
The second week of the Israeli-US war on Iran left tanker markets still under acute pressure, with the Strait of Hormuz operating far below normal levels, freight remaining elevated, and, …
With marine fuel prices in Singapore skyrocketing since the US and Israel began a bombing campaign in Iran that left the Strait of Hormuz effectively closed to shipping traffic, the …
Energy storage is increasingly part of the conversation for propulsion systems on board tugs and workboats, when owners need to lower emissions. Battery systems are now well established in harbour …
The financial mechanism of closure was almost as important as the attacks themselves. Reuters reported that maritime insurers cancelled war-risk cover early in the crisis and that Washington later assembled …
Iran has struck multiple targets in the United Arab Emirates (UAE) including at least one vessel, described as a tanker by the Royal Navy’s United Kingdom Maritime Trade Operations (UKMTO) …
The 32 governments that make up the International Energy Agency have voted unanimously to supply shaky oil markets with 400 million barrels of oil (bbl), roughly equivalent to 20%-30% of …
The Liberian Registry is preparing to introduce electronic seafarer documents, linking the move to digitalisation, compliance and document verification across its fleet. The new system will add QR-coded, digitally verifiable …
The practical change embedded in the draft Convention text is a stronger inspection-and-testing regime at survey. Under the proposed amendments to regulation E-1, a renewal survey would have to verify …
27 January 2026 Avenir LNG’s parent company Stolt Nielsen is eyeing a sale of half of its ownership in the LNG bunker vessel specialists. Stolt-Nielsen Ltd, through its subsidiary Stolt-Nielsen …
The 32 governments that make up the International Energy Agency have voted unanimously to supply shaky oil markets with 400 million barrels of oil (bbl), roughly equivalent to 20%-30% of …
Japanese shipowning major MOL has struck a deal with technical shipmanagement specialists V.Group that will see MOL take a 25% stake in an arm of V.Group. The newly-struck contract will …
A US government finance organisation has published a general outline for a maritime reinsurance plan that the US President announced via social media. According to a post by President Trump …
4 March 2026 A heavily sanctioned, Russia-flagged LNG carrier linked to trading cargoes from Russia’s sanctioned Arctic LNG-2 facility has been reported sunk in the Mediterranean between Libya and Malta …
China’s shipbuilding industry continues to dominate the global orderbook, and the past year has seen its top yards cement their grip on global contracting. The top 10 Chinese yards have …
China’s shipbuilding industry continues to dominate the global orderbook, and the past year has seen its top yards cement their grip on global contracting. The top 10 Chinese yards have …
The European Commission has presented a pair of interrelated strategies that it said will strengthen the competitiveness, sustainability, security and resilience of Europe’s waterborne economy. The Industrial Maritime Strategy wraps …
With Iranian threats limiting traffic through the Strait of Hormuz and maritime insurers revising or dropping war risk coverage for vessels operating in the Middle East, US President Donald Trump …
A heavily sanctioned, Russia-flagged LNG carrier linked to trading cargoes from Russia’s sanctioned Arctic LNG-2 facility has sunk in the Mediterranean between Libya and Malta after a fire on board. …
The deliveries follow a multi-vessel contract signed in June 2024. Under the deal, six Supa Swath vessels were contracted, with options for a further six units. The Supa Swath vessels …
Cheniere and Ocean Yield financials The announcement of the newbuilds came the day after both Ocean Yield and Cheniere released their respective full-year financial results. In its results, Ocean Yield …
With Iranian threats limiting traffic through the Strait of Hormuz and maritime insurers revising or dropping war risk coverage for vessels operating in the Middle East, US President Donald Trump …
Equinor has completed its investigation into a well control incident on semi-submersible drilling rig, Deepsea Bollsta, on 23 September 2025 that saw combustible natural gas on the drill floor. The …
Fugro said its performance in 2025 was affected by the challenging nature of the offshore wind market and a temporary slowdown in oil and gas project start-ups during the latter …
Iran’s Islamic Revolutionary Guard Corps (IRGC) has declared the closure of the Strait of Hormuz, the narrow, oxbowed shipping passage that lies between Iran and the United Arab Emirates (UAE) …
With the Strait of Hormuz carrying 20% of global LNG trade and 25% of seaborne oil trade, its narrow passage is a bottleneck for commercial shipping and a geopolitical vulnerability …
A co-ordinated EU naval operation saw Belgian and French forces stop and board a tanker described by Belgian minister of defence Theo Francken as "a Russian shadow fleet oil tanker". …
Several P&I Clubs have cancelled war risk coverage, and insurance rates are doubling toward the upper end of the established range. Kpler senior risk and compliance analyst, Dimitris Ampatzidis, told …
Commercial vessels and ports have come under attack in and around the Strait of Hormuz and the southeastern stretch of the Persian Gulf, with multiple sources confirming the death of …
Commercial vessels have come under attack in and around the Strait of Hormuz at the southeastern end of the Middle East Gulf, with multiple sources confirming the death of at …
Apollo-managed funds’ majority-owned maritime infrastructure provider Energos, which was jointly owned by New Fortress Energy (NFE) until 2024, is canvassing for future contracts for some of its 13-vessel fleet. Specialising …
Cheniere and Ocean Yield financials The announcement of the newbuilds came the day after both Ocean Yield and Cheniere released their respective full-year financial results. In its results, Ocean Yield …
Hosted by the UK Chamber of Shipping in partnership with Riviera Maritime Media, Shipping UK 2026 explore the UK’s leadership in international maritime policy and convene global shipping leaders, policymakers, …
Australia-based ship design firm Seatransport has earned a classification society approval in principle for a hybrid propulsion system that it describes as ’nuclear-ready’. The system has undergone sea trials, reportedly …
QatarEnergy has awarded an EPCC contract, advancing work on an LNG extraction project that the parastatal said will bring in a further 16M tonnes per annum (mta) of natural gas. …
Shell’s LNG marketing and trading is laying the groundwork for supply deals for European regasification facilities. In memoranda of understanding (MoU) signed in Washington, DC, with senior representatives of the …
The US military’s Department of War, a Trump administration rebranding of the Department of Defense, has confirmed that US forces have taken control of another tanker, the 10th vessel seized …
The UK government has announced sanctions against 48 tankers, two LNG carriers, and two LNG terminals on the fourth anniversary of Russia’s invasion of neighbouring Ukraine. The Foreign, Commonwealth and …
Italian oil major Eni’s Mozambique Rovuma Venture (MRV) has awarded a ’significant’ contract to continue ongoing work on the development and deployment of Mozambique’s second floating LNG (FLNG) facility. According …
French LNG tank and containment specialist GTT is positive about the future market for LNG vessels and containment systems. At his first full-year earnings presentation as chief executive, Francois Michel …
Against increased political headwinds, the best option for the shipping industry to reach or come close to net-zero emissions by 2050 is still the one on the table at the …
French LNG tank and containment specialist GTT is positive about the future market for LNG vessels and containment systems. At his first full-year earnings presentation as chief executive, Francois Michel …
With regulatory uncertainty, an industry fuel transition and long-term investments continuing to bear down on charterers’ vessel strategies, these market pressures and a related adversity to risk are rising to …
A hotel ferry that transits between Singapore and Malaysia caught fire while en route to Singapore, claiming the life of a crew member. According to statements from Singapore’s government, the …
Transocean and Valaris announced a merger on 9 February 2026 in which Transocean will acquire Valaris in an all-stock transaction valued at approximately US$5.8Bn. The pending transaction has a target …
An engineroom fire has claimed the lives of two seafarers and injured another, according to an alert published by Singapore’s Maritime and Port Authority. The port state control organisation said …
Atlantic LNG carrier spot earnings moved higher last week, with the strongest momentum recorded in west-of-Suez positions linked to early March availability. Clarksons noted “continued modest gains in the LNG …
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