Russia Bans Diesel Exports After Ukrainian Strikes Trigger Domestic Shortages

Russia introduced a ban on diesel exports on Wednesday as part of a raft of measures to support the domestic fuel market after systematic Ukrainian drone attacks on oil refineries triggered shortages and

Chevron Oil Tanker Hit by Drone in Russia-Ukraine Conflict

Chevron-chartered oil tanker Yasa Polaris, used for Caspian Pipeline Consortium shipments, was hit by a drone off Russia's Black Sea coast, the vessel's managing company said on Wednesday, as Kyiv steps up

Jonathan Oak Appointed as Senior War Underwriter at NorthStandard

NorthStandard has appointed Jonathan Oak as Senior War Underwriter.Oak joins from the UK War Risks Club and brings experience in war risks underwriting, including advising shipowners operating in complex and rapidly evolving

NYK Names Eighth Dual-Fuel LPG Carrier

NYK has named newly built very large gas carrier (VLGC) Lyla Pathfinder, its eighth dual-fuel LPG carrier using liquefied petroleum gas as fuel.The naming ceremony took place on July 7 at Kawasaki

ECIT Global Launches New Suite of Safety Courses

ECITB Global has rolled out a suite of new courses designed to help workers operating in confined spaces within the engineering construction industry (ECI) across the world.The international skills body introduced the

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies. That is important, but dayrates are only the

Island Oil Expands Fleet with Two Tankers

Island Oil has acquired two oil tankers, Island Polaris and Island Horizon, expanding its owned fleet and marine logistics capacity.The acquisitions form part of the company's long-term investment strategy to strengthen logistics

OMS Group Cuts First Steel for its Third Cable Laying Vessel

OMS Group has started construction of CS Resilience, the third vessel in its next-generation GREAT-Class fleet, with a first steel cutting ceremony held at CRIST's shipyard in Gdynia, Poland.The milestone marks the

Change of Command Coming at USCG R&D Center

The U.S. Coast Guard Research and Development Center (RDC) will host a Change of Command on July 10, 2026, at the New London Community Recreation Center, New London, CT, where current RDC