Hormuz Crossings Rise Slightly from Weekend

Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from the weekend, according to preliminary shipping data on Tuesday, amid a stalemate in U.S.

Saudi Aramco Offers Crude Outside Hormuz

Saudi Aramco is offering crude oil outside the Strait of Hormuz to some Asian refiners through private negotiations, two sources with knowledge of the matter said on Monday, in a strategy similar

Lone Star Funds Sells Vigor Marine Group

Lone Star Funds has announced that an affiliate of Lone Star Fund XI, L.P. has completed the sale of Vigor Marine Group to Antin Infrastructure Partners.Based in Portland, Oregon, Vigor Marine Group

DCOC States Agree on Combined Anti-Piracy Task Force

Signatory States of the Djibouti Code of Conduct/Jeddah Amendment have agreed to set up a Combined DCoC Task Force to protect shipping from the resurgence of piracy in the Western Indian Ocean

American Cruise Lines Announces Names for Two Riverboats

American Cruise Lines has announced the names of two more U.S.-built small ships: American Beauty, a new riverboat for the Mississippi that will launch in 2028, and American Rhapsody, another new riverboat

Corvus Energy Expands Service Support in Brazil

Corvus Energy has entered into a strategic partnership with Belga Marine to deliver specialized local support, expert aftermarket battery system services, and on-the-ground spare parts storage to efficiently meet the needs of

Older Bulkers and LNG Carriers Could Provide Short-Term Relief for Ship Recyclers

Limited recycling supply could get a brief respite in the coming weeks from a weakening second-hand interest in older vessels and softer demand for steam turbine LNG ships. Both of these factors

Deployable Energy and Hornbeck Offshore Partner to Advance Nuclear Power

Deployable Energy has signed a Memorandum of Understanding with Hornbeck Offshore to transform five strategic maritime and offshore markets through the utilization of Deployable Energy's Unity Nuclear Battery. Hornbeck Offshore has also

Iran Shifts to the Offensive as US Diplomacy Stalls

Iran has decided to shift its policy from defensive to "fully offensive" due to the deadlock in efforts to agree a permanent end to its war with the United States, a senior