Oil Companies to Steer Clear of Iran Blacklisted Ships

At least three Indian oil refiners and a global energy major plan to stop using vessels on Iran's new blacklist, including for ship-to-ship transfers, due to security concerns, four sources with direct

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in

McDonough Marine Service Adds MARMAC 3080 Deck Barge to Fleet

McDonough Marine Service announced the addition of the MARMAC 3080, a 300' x 80' x 16' ABS Load Line deck barge, to its growing fleet of marine equipment available for charter. The

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

The Russian Defence Ministry said on Tuesday that its forces had struck three cargo vessels carrying supplies for the Ukrainian military and a tanker at the Black Sea port of Pivdennyi.The ministry also said

Oil Prices Drop 4% as Traders Dismiss US Sanctions

Oil prices fell about 4% to a one-week low on Tuesday as traders shrugged off the latest U.S. sanctions campaign against Iran, viewing economic pressure as posing less risk to oil supplies than a

Trump: Strait of Hormuz Mines Removed, Threatens Iran If More Are Placed

U.S. President Donald Trump said on Tuesday that all mines had been detonated or removed from international waters of the Strait of Hormuz and that Iran has been told that any ship or boat placing new mines will be

C&C Marine Delivers Fourth Towboat in Canal Barge Series

C&C Marine and Repair has delivered the M/V Mimsy H. Lindner to Canal Barge Company, completing a four-boat series of 2,600-horsepower inland towboats for the New Orleans-based operator. The Mimsy H. Lindner

Kongsberg Maritime to Provide Technology Suite for Solstad, SBM Offshore Vessel

Kongsberg Maritime has secured a contract to deliver a fully integrated suite of technology and equipment for a new multi-purpose deepwater installation and construction vessel that will be owned and operated by

REINTJES Launches Hybrid Propulsion System

REINTJES, provider of propulsion solutions, has announced their TME Hybrid System."Our plan was to create a compact hybrid unit. To achieve this, we've integrated the electric motor/generator onto the gearbox," says Klaus