Lost Gulf Oil Since Start of Iran War is Less Than Previously Thought

Since the start of the Iran war and Tehran's announcement that the Strait of Hormuz was "closed", the market has grappled to put a figure on lost crude supply and to predict

HaiSea Marine Awards Contracts for Escort Vessel, Terminal Tugboats

HaiSea Marine is expanding its fleet on BC's North Coast and has placed orders for one new escort tugboat and two terminal tugboats.The contract to build an escort tug was awarded to

FreightWeekSTL Panel Highlights Building US Inland Waterways Workforce

A recent FreightWeekSTL panel highlighted how expanding awareness of maritime careers, strengthening industry partnerships and increasing access to hands-on experiences are critical to building the next-generation workforce for America’s inland waterways.

Venezuela: Trinidad and Tobago Oil Spill is Detrimental to Environment

Venezuela's government said on Friday that an oil spill originating from Trinidad and Tobago is putting fishing as well as the environment at risk."This event exceeds in magnitude the one that occurred in

Shipping Industry Leaders Condemn Recent Attacks on Seafarers

BIMCO, the International Chamber of Shipping (ICS), INTERCARGO and INTERTANKO unanimously condemns recent attacks on seafarers and commercial shipping in and around the Strait of Hormuz. According to the International Maritime Organization

LNG-Fueled Cruise Vessel Mein Schiff Delivered

Fincantieri delivered Mein Schiff Flow, the second of two next-generation InTUItion-class cruise ships built for TUI Cruises.Built at Fincantieri's Monfalcone, Italy, yard, the 160,000gt vessel can accommodate around 4,000 passengers. It follows…

BP Looks to Shed Gulf of America Projects, sources say

BP has started a process to sell stakes in two of its Gulf of America projects, four people with knowledge of the matter said, in what would be one of new CEO

Three Dead as Supply Boat Sinks Off Singapore Terminal

A supply boat sunk off Pasir Panjang Terminal on June 12, 2026 at about 9.30 AM after colliding with a landing craft. The Maritime and Port Authority of Singapore (MPA), Police Coast

Oil Falls More Than 2% as US-Iran Tensions Ease

Oil prices fell more than 2% on Friday, extending losses from the previous session after U.S. President Donald Trump cancelled plans to strike Iran, reducing fears of an escalation of hostilities following