In the Heat of the Summer, Cool Carriers Receives Snow Flake
Cool Carriers has taken another step in its fleet renewal strategy with the delivery of MV Snow Flake, the second vessel in its next-generation Snow-class series, reinforcing the company's position as the world's largest operator of specialized refrigerated cargo vessels.The vessel was officially named June 29 at Kitanihon Shipbuilding in Japan, just three months after the delivery of sister ship Snow Flower.
Ports of Indiana Secures $25m Federal Grant to Support Expansion
Ports of Indiana has been awarded a $25 million federal “BUILD” grant from the U.S. Department of Transportation (USDOT) to support a $32 million expansion of its Jeffersonville port. This grant is the largest federal award in Ports of Indiana’s 65-year history.The BUILD program (Better Utilizing Investments to Leverage Development) is administered by USDOT to provide grants for surface transportation infrastructure projects with significant local or regional impact.
Glamox Acquires UK Defense Lighting Specialist Consolite
Norwegian lighting specialist Glamox has agreed to acquire U.K.-based Consolite Technology, expanding its naval and defense business with specialized military lighting and optical communication technologies.Consolite develops military lighting and optical communication systems for naval and defense applications. Its portfolio includes night vision technology, military LiFi systems and specialist lighting…
Axess Secures Work on Two Golar LNG’s FLNG Assets
Axess Group has been selected by Golar LNG to carry out maintenance build and integrity management work across two floating liquefied natural gas (FLNG) assets following competitive tender processes.For the MK II FLNG, Axess will provide maintenance build services, including the development of an asset hierarchy and asset register, as well as maintenance and inspection programs aimed at supporting long-term asset integrity and operational reliability.Separately…
Methanol-Ready Arctic Tern PCTC Joins Wallenius Wilhelmsen Fleet
Roll-on/Roll-off (RoRo) shipping and vehicle logistics group Wallenius Wilhelmsen has taken delivery of Arctic Tern, the first dual-fuel methanol-ready vessel in its new Shaper Class series.Arctic Tern vessel offers greater cargo capacity and improved operational efficiency and will be deployed through EUKOR Car Carriers, the shipping line jointly owned by Hyundai Motor Group and Wallenius Wilhelmsen.Following delivery…
US Moves Forward with Delfin LNG Deepwater Port License
The U.S. Department of Transportation's Maritime Administration (MARAD) has decided to move forward with issuing a deepwater port license to Delfin LNG after a federal appeals court denied review of a legal challenge by environmental groups.The U.S. Court of Appeals for the Fifth Circuit denied the review, allowing MARAD to continue work toward issuing the license for the Delfin LNG deepwater port.Delfin FLNG 1 is planned as the first offshore LNG export project in the United States…
TotalEnergies Ships First ECA LNG Cargo from Mexico to Asia
TotalEnergies has shipped the first cargo produced by the ECA LNG Phase 1 export terminal on Mexico's Pacific coast to Asia as the facility undergoes commissioning.The company holds a 16.6% stake in the project alongside operator Sempra Infrastructure and will offtake 1.7 million tonnes per annum of LNG for 20 years from the start of commercial operations.TotalEnergies will be the sole LNG offtaker during the project's ramp-up phase.ECA LNG Phase 1…
Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows
The possible collapse of U.S.-Iran peace talks and the stop-start flow of tankers through the Strait of Hormuz are a nightmare scenario for Gulf nations desperate to return to normal after a bruising multi-month conflict.What was meant to mark the start of a fragile recovery following the June 17 memorandum of understanding between Tehran and Washington is instead evolving into a period of chronic instability…
Projectile-Hit Qatari LNG Tanker Awaits Rescue Off Oman
A Qatari LNG tanker remained stranded off Oman on Wednesday after a projectile strike sparked a fire in its engine room, though industry sources said the vessel's cargo appeared secure and the risk of an explosion was low for now.The attacks on the tankers prompted Washington to revoke a licence allowing Iran to sell oil and U.S. forces to strike Iranian targets overnight. President Donald Trump said on Wednesday an interim agreement to end the war with Iran was "over"…
FMC Decision Upheld That Detention Fees During Port Closure Are Unfair
The U.S. Court of Appeals for the D.C. Circuit recently issued a decision upholding the Federal Maritime Commission’s (FMC) determination that detention fees levied on a trucker by an ocean common carrier during a three-day port closure were unreasonable. The federal appeals court unanimously denied all aspects of the petition filed by the carrier, Evergreen Shipping Agency (America) Corp., that challenged the FMC’s order…
Kongsberg Maritime, BCIT Invest in Future Marine Innovation Simulation Centre of Excellence
KONGSBERG, Kongsberg Maritime, and British Columbia Institute of Technology (BCIT) announced an investment that will establish the Marine Innovation Simulation Centre of Excellence (MISE) in British Columbia. The initiative is designed to strengthen maritime innovation and skills development, support ongoing research and development, while building on key objectives outlined in Canada’s Defence Industrial…
AIDAmar Cruise Ship Docks at Damen Shiprepair for Bottom Survey
AIDA Cruises’ vessel AIDAmar docked at Damen Shiprepair Rotterdam’s Botlek location for her annual bottom survey while carrying around 2,000 passengers on board.The vessel departed the German port of Warnemünde on July 3, for a five-night voyage, and entered the yard’s drydock number 6 on July 5. Once she was in position, the drydock was emptied, allowing yard personnel to carry out the inspection.During the inspection…
Russia Bans Diesel Exports After Ukrainian Strikes Trigger Domestic Shortages
Russia introduced a ban on diesel exports on Wednesday as part of a raft of measures to support the domestic fuel market after systematic Ukrainian drone attacks on oil refineries triggered shortages and price spikes in some regions.Drivers in many regions are facing hours-long lines to refuel, as intensifying Ukrainian strikes on Russian energy infrastructure squeeze supplies of diesel and gasoline.Deputy Prime Minister Alexander Novak told a televised government meeting that the fuel situation
Oil Prices Rise Almost 5% As Trumps Warns of Additional Iran Attacks
Oil prices jumped nearly 5% on Wednesday, hitting a two-week high after U.S. President Donald Trump warned Iran that the United States will likely engage in additional strikes on Wednesday night after attacks the previous day, adding that they might take over Kharg Island as well.Brent crude futures were up $3.81, or 5.14%, to $77.97 a barrel at 1339 GMT, while U.S. West Texas Intermediate crude climbed $3.36, or 4.77%, to $73.80 a barrel.
Chevron Oil Tanker Hit by Drone in Russia-Ukraine Conflict
Chevron-chartered oil tanker Yasa Polaris, used for Caspian Pipeline Consortium shipments, was hit by a drone off Russia's Black Sea coast, the vessel's managing company said on Wednesday, as Kyiv steps up attacks on Russian energy targets.Ukrainian drones have attacked a dozen tankers from Russia's "shadow fleet" that were delivering fuel to Russian-annexed Crimea in recent days, according to the…
Qatari LNG Tanker Remains Stranded After Projectile Strike
A Qatari LNG tanker remained stranded off Oman on Wednesday after a projectile strike sparked a fire in its engine room, though industry sources said the vessel's cargo appeared secure and the risk of an explosion was low for now.The attacks on the tankers prompted Washington to revoke a licence allowing Iran to sell oil and U.S. forces to strike Iranian targets overnight. President Donald Trump said on Wednesday an interim agreement to end the war with Iran was "over"…
Jonathan Oak Appointed as Senior War Underwriter at NorthStandard
NorthStandard has appointed Jonathan Oak as Senior War Underwriter.Oak joins from the UK War Risks Club and brings experience in war risks underwriting, including advising shipowners operating in complex and rapidly evolving threat environments. He will report to James Sutton, Head of Hull & War at NorthStandard.NorthStandard’s Hull & War team combines technical underwriting with rapid decision-making and practical support for Members operating in higher-risk regions.
ECITB Global Launches New Suite of Safety Courses
ECITB Global has rolled out a suite of new courses designed to help workers operating in confined spaces within the engineering construction industry (ECI) across the world.The international skills body introduced the four new confined space courses in Qatar earlier this year to replace the confined space low and medium-risk courses.These now form part of the ECITB training courses mandated in the Middle East country by Ashghal…
From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced
Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies. That is important, but dayrates are only the starting point. On their own, they say very little about how much of that recovery is already priced into company valuations.© EsgianEsgian rig values suggest that the market has already started to move.
Hill v. Jackson Offshore and the Delegation Clause
A Key Locking the Courthouse Doors Unless Precisely and Appropriately TargetedThe U.S. Court of Appeals for the Fifth Circuit’s May 2026 ruling in Hill v. Jackson Offshore1 makes it clear: broadly challenging an arbitration agreement won’t get you into court. If there’s a delegation clause, you must aim directly at it first and separately.What HappenedSeaman Jeremiah Hill was severely injured on an offshore supply vessel in April 2023.
