Ocean Network Express operational updates for Middle East

Vineyard Wind Sues GE Vernova to Block Offshore Wind Project Exit

Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova from terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on

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Iran-Linked Tankers Sail Through Hormuz Before US Blockade

Two oil tankers linked to Iran exited the Gulf on Monday via the Strait of Hormuz ahead of a planned U.S.

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Solstad’s Normand Fortress CSV Gets $56M Extension with Petrobras

Norwegian offshore vessel owner Solstad Maritime has secured a two-year extension of the current contract for the subsea construction vessel (CSV) Normand Fortress with Petrobras.The extension will start in early July 2026.

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Oil Surges Over 7% to Above $102 Ahead of US Hormuz Blockade

Oil prices surged on Monday as the U.S. moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and bonds fell.The

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Firming Baltic Dry Index is Headwind for Recyclers

The single most consequential development of Week 15 came out of Washington, not the recycling yards, reports cash buyer GMS. President Trump’s decision to delay planned strikes on Iranian energy infrastructure by

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EU Emissions Trading System Sustains Downward Trend in Emissions

The European Commission has published the verified EU Emissions Trading System (EU ETS) emissions data for 2025 showing a -1.3% reduction in ETS emissions, compared to 2024 levels.This reduction continues the steady

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The IWH Group Launches Blue Future to Help Maritime SMEs Repair Digital Readiness Gap

The IWH Group has launched Blue Future, a new service designed to help marine and offshore organizations assess their digital preparedness, define a realistic target operating model, and build a roadmap from

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Port Tampa Bay Welcomes Container Vessel with Largest Carrying Capacity

Port Tampa Bay welcomed a container vessel Thursday that set a new record for carrying capacity at the port. The ZIM Canada docked with 11,900 twenty-foot equivalent units (TEUs), nearly 2,000 more

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US Considers Extending Russian Oil Waiver as Prices Spike During Iran Conflict

President Donald Trump's administration is likely to extend as soon as Friday a waiver allowing countries to buy some sanctioned Russian oil and petroleum products, two sources familiar with the matter told