Island Oil Expands Fleet with Two Tankers
Island Oil has acquired two oil tankers, Island Polaris and Island Horizon, expanding its owned fleet and marine logistics capacity.The acquisitions form part of the company's long-term investment strategy to strengthen logistics capabilities and support demand for marine fuel transportation across the Mediterranean and Black Sea.The two vessels are double-hull tankers and will increase Island Oil's…
NYK Names Eighth Dual-Fuel LPG Carrier
NYK has named newly built very large gas carrier (VLGC) Lyla Pathfinder, its eighth dual-fuel LPG carrier using liquefied petroleum gas as fuel.The naming ceremony took place on July 7 at Kawasaki Heavy Industries' Sakaide Works.Upon completion, the vessel will be chartered by UAE-based BGN for the global transportation of LPG.Lyla Pathfinder is equipped with a dual-fuel engine capable of operating on heavy fuel oil and LPG.
OMS Group Cuts First Steel for its Third Cable Laying Vessel
OMS Group has started construction of CS Resilience, the third vessel in its next-generation GREAT-Class fleet, with a first steel cutting ceremony held at CRIST's shipyard in Gdynia, Poland.The milestone marks the start of construction of the cable-laying vessel, which is scheduled to enter service in 2028 and forms part of OMS Group's long-term fleet expansion program.CS Resilience is one of two next-generation cable-laying vessels being built under OMS Group's partnership with Ulstein…
Change of Command Coming at USCG R&D Center
The U.S. Coast Guard Research and Development Center (RDC) will host a Change of Command on July 10, 2026, at the New London Community Recreation Center, New London, CT, where current RDC Commanding Officer Captain Michael Chien, will be relieved by Captain Phillip Granati. Captain Chien has held command since June 16th, 2023. He leaves to become the Senior Coast Advisor to the President of the Naval War College in Newport…
UK and Netherlands Forge $3.2B Maritime Partnership
Britain and the Netherlands have signed a maritime partnership setting the path for new amphibious transport ships for their forces under a $3.2 billion (£2.4 billion) deal, with the vessels set to be built in UK shipyards alongside Dutch industry.The ships will be based on a Dutch design and form the backbone of a strengthened UK-Netherlands amphibious force, with each country operating four vessels.The 160-metre…
Vessel Attacks Force Hormuz Tanker U-Turns
At least four oil and gas tankers have turned back from attempting to transit the Strait of Hormuz, ship-tracking data showed, as renewed attacks on vessels in the critical waterway heightened safety and security concerns.The diversions come after a Qatari liquefied natural gas tanker and a Saudi-flagged crude oil tanker were damaged near the strait on Tuesday following reports that Iran fired missiles at ships in the waterway…
Oil Surges 3% on Renewed US-Iran Strikes
Oil prices gained more than 3% on Wednesday after Iran and the U.S. military traded airstrikes and Washington reimposed crude sales sanctions on Tehran, raising fears their fragile truce was unravelling and Middle East supplies could be disrupted again.Brent crude futures LCOc1 gained $2.40, or 3.2%, at $76.56 a barrel at 0645 GMT. U.S. West Texas Intermediate crude CLc1 climbed $2.26, or 3.2%, to $72.70 a barrel.Both benchmarks rose about 3% on Tuesday after the U.S.
ACUA Ocean USV Collects 100 Hours of Continuous Multi-Domain Data
ACUA Ocean's Mk1 USV PIONEER has successfully completed a five-day remotely operated offshore demonstration, validating persistent, multi-domain maritime operations using an uncrewed surface vessel.On Monday 22 June 2026, PIONEER departed Turnchapel Wharf, Plymouth, and operated continuously 16–20 nautical miles offshore until Friday 26 June, completing more than 100 hours at sea without physical intervention.
DOF Group Wins Contract Award in APAC Region
DOF Group ASA announced a large contract award for Subsea Construction and Pre Commissioning Support services in the APAC Region.Skandi Inventor will be deployed for the execution of the offshore operations scheduled to commence in Q4 2026 in North Australian waters.The scope of work includes DOF’s in-house project management and engineering, procurement and logistics support services. The duration of the offshore campaign is estimated to be between 160 and 250 days.
TKMS Selected as Preferred Supplier for Canadian Patrol Submarine Project
TKMS welcomed the Government of Canada's decision to select Team 212CD as the Preferred Supplier for the Canadian Patrol Submarine Project (CPSP), delivering twelve 212CD submarines. The announcement marks a new chapter in defense cooperation between Canada, Germany, and Norway, bringing together expertise and common security interests.The Type 212CD submarine is designed and built for the Arctic,…
Seaspan Welcomes TKMS as Build Partner for Canadian Submarine Program
Seaspan Shipyards welcomed the Government of Canada’s announcement of ThyssenKrupp Marine Systems (TKMS) as the strategic build partner for the Canadian Patrol Submarine Project (CPSP). The project aligns with Canada’s Defence Industrial Strategy (DIS) and falls under the Build-Partner-Buy framework. In support of Canada’s DIS and partner strategy, Seaspan and TKMS signed a teaming agreement in support of CPSP in January.
Fincantieri to Build Third Hospitality Vessel for Marc-Henry Cruise
Fincantieri announced that it has signed a contract with Marc-Henry Cruise Holdings LTD, Joint Owner/Operator of Four Seasons Yachts, for the construction of a third hospitality vessel. The value of this agreement, subject to financing and other typical terms and conditions, is considered as large.Scheduled for delivery in 2031, the new vessel will be the third unit in a new class of hospitality vessels designed and built by Fincantieri at its Ancona shipyard.
Gulf-Europe Oil Pipeline Could Minimize Red Sea Dependency
Gulf countries' dependence on oil shipments through the Strait of Hormuz could be significantly reduced by a pipeline linking the Gulf to Europe via Israel, Israel's energy minister said, allowing them also to bypass Red Sea shipping disruptions.Oil prices surged after the U.S. and Israel launched strikes on Iran on February 28 and Tehran effectively closed the strait. Prices have dropped since a U.S.…
NATO Allies, Gulf Arab Ministers to Discuss Strait of Hormuz Tensions
France and Britain will outline plans for a multinational maritime mission in the Strait of Hormuz at talks between NATO and Gulf Arab foreign ministers on Tuesday, but diplomats say Iran's rejection of the initiative makes it unlikely to break the deadlock over the vital waterway.The meeting on the sidelines of a NATO summit in Ankara will bring together ministers from Bahrain, Kuwait, Qatar and the…
SciencoFAST Introduces the Slide-In Marine Sanitation Device
SciencoFAST launched the MarineFAST Slide-In, a Marine Sanitation Device with a rail-mounted installation system that allows the unit to either slide directly into existing hull tanks and slide back out, or drop into an existing tank or space for easy inspection or maintenance.“The MarineFAST Slide-In was developed to solve one of the most common challenges in marine sanitation—tight equipment rooms and limited-service access,” said Bob Millerbaugh, Executive Vice President, Marine Sales.
FMD Completes Rolls-Royce Acquisition, Establishes Canadian HQ
Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, finalized its acquisition of the Rolls-Royce Naval Handling facility in Peterborough, Ontario.
Two Vessels Struck Near Hormuz, LNG Tanker at Risk of Explosion
A Qatari LNG tanker was at risk of exploding and a Saudi-flagged crude oil tanker was damaged near the Strait of Hormuz, sources said on Tuesday, after reports that Iran fired missiles at ships in the waterway overnight.The Al Rekayyat, loaded with liquefied natural gas, sent out distress signals seeking assistance after it was hit on its port side, one of the sources said. Another source briefed on the matter said the vessel was at risk of exploding due to a fire in its engine room.
Ukraine Attacks a Dozen Russian Shadow Fleet Tankers Over Two Days
Ukrainian drones have attacked a dozen tankers from Russia's "shadow fleet" over the past two days that were delivering fuel to Crimea, Kyiv's military said on Tuesday, as it intensifies efforts to isolate the Russian-occupied peninsula.Ukraine's drone forces said they had struck eight vessels subject to sanctions in the Sea of Azov, each with a deadweight of around 7,000 metric tons. Two more tankers were hit later in the day…
Offshore Vessel Pair Ordered from Grandweld Shipyard
Bahri Logistics, a business unit of Bahri, the Kingdom’s leading shipping, maritime transportation, and logistics company has signed a newbuild agreement with Grandweld Shipyard for the construction of two offshore service vessels.The two vessels will be custom-built to meet the operational requirements of offshore activities at Ras Tanura Port, one of the world’s busiest energy hubs. Each vessel will be equipped with the latest navigation…
CY Frontier: First of Four Heavy Transport Vessels
CY Shipping and BigLift Shipping christened CY Frontier, the first of four BC-Class Heavy Transport Vessels (HTVs). The vessel was christened by Jenny Jung, who served as its godmother. Representatives of CY Shipping, BigLift Shipping and Jing Jiang Nanyang Shipbuilding Co., Ltd. attended the ceremony.Developed jointly by CY Shipping and BigLift Shipping, the BC-Class has been designed to meet the growing demand for the transportation of increasingly large offshore…
