Just three commodity vessels crossed the Strait of Hormuz on Thursday, the fewest daily transits since May, shipping data showed, with most ships halting or making U-turns after recent Iranian attacks on
Oil Prices Dip Slightly Amidst Continued Middle East Tensions
Oil prices edged lower on Thursday but held near the highest since mid-June as the Iran war escalated, with Tehran asking Yemen's Houthi movementto be prepared to close the Red Sea oil
US LNG Tanker Completes First Direct Sail to China Since Tariff Dispute
A vessel carrying U.S. liquefied natural gas has sailed directly from the U.S. to China for the first time since trade tensions between Washington and Beijing effectively halted direct shipments, vessel-tracking data
Wärtsilä to Supply Engine, Propulsion for Two New Gas Carriers
Wärtsilä will supply its Wärtsilä 25 Ammonia auxiliary engine, together with a NOx reducer (SCR) and gas valve unit (GVU), for two new 51,350 m3 capacity midsize LPG/liquid ammonia carrier vessels. The
ABB to Buy Rotork in $5.5B Automation Deal
ABB has agreed to acquire UK-based intelligent flow control solutions provider Rotork in a recommended all-cash deal valuing the company at about $5.5 billion, expanding its automation portfolio and strengthening its position
Port of Antwerp-Bruges Sees Decline in Goods in H1 2026
The Port of Antwerp-Bruges, against a backdrop of geopolitical tensions, trade conflicts, and operational disruptions, context handled 133.9 million tons of maritime goods in the first half of 2026, a decrease of
Bollinger Shipyards Opens Maritime Training Center in Mississippi
Bollinger Shipyards has opened a 7,200-square-foot workforce training center at its Gulfport, Mississippi, facility to expand skilled trades training for the U.S. shipbuilding industry.The facility was developed in partnership with the U.S.
Engineering Drivetrains Inside High-Productivity Dredgers
Modern dredging vessels can comfortably compete as being one of the most mechanically demanding ships in service today. Whether configured as cutter suction dredgers or trailing suction hopper dredgers, they are required
Hormuz Crossings Decline as US Renews Iran Blockade
Fewer vessels travelled through the Strait of Hormuz on Wednesday, the first day after the U.S. reimposed its naval blockade on Iranian ports with both countries escalating strikes across the Gulf, shipping

