Gulf-Europe Oil Pipeline Could Minimize Red Sea Dependency

Gulf countries' dependence on oil shipments through the Strait of Hormuz could be significantly reduced by a pipeline linking the Gulf to Europe via Israel, Israel's energy minister said, allowing them also

NATO Allies, Gulf Arab Ministers to Discuss Strait of Hormuz Tensions

France and Britain will outline plans for a multinational maritime mission in the Strait of Hormuz at talks between NATO and Gulf Arab foreign ministers on Tuesday, but diplomats say Iran's rejection of the

Solstad’s Normand Vision CSV Secures Work Through 2028

Solstad Maritime has secured a one-year contract extension for the construction support vessel (CSV) Normand Vision with Ocean Installer, keeping the vessel in operation under the agreement through the end of 2028.The

Offshore Vessel Pair Ordered from Grandweld Shipyard

Bahri Logistics, a business unit of Bahri, the Kingdom’s leading shipping, maritime transportation, and logistics company has signed a newbuild agreement with Grandweld Shipyard for the construction of two offshore service vessels.The two

CY Shipping, BigLift Shipping Christen First of Four Heavy Transport Vessels

CY Shipping and BigLift Shipping have officially christened CY Frontier, the first of four new BC-Class Heavy Transport Vessels (HTVs). The ceremony marks a milestone in the expansion of the companies' joint

Hapag-Lloyd to Deploy NexusWave Fleetwide

Inmarsat Maritime, a Viasat company, has secured an agreement with Hapag-Lloyd to deploy NexusWave across its global fleet, following successful onboard trials of the fully managed bonded connectivity service.Hapag-Lloyd began evaluating NexusWave…

Global Shipbuilding Boom Fuels Growth for German Marine Equipment Sector

A record wave of global investment in new ships is translating into sustained growth for Germany's marine equipment industry, with suppliers reporting rising revenues, strong order books and growing optimism despite mounting

ADNOC, XRG and Mitsui Broaden Energy Cooperation

ADNOC and XRG have signed a strategic collaboration agreement with Mitsui to explore opportunities across liquefied natural gas (LNG), crude oil, sulfur, shipping and chemicals, as well as international energy investments through

Oil Climbs on US-Iran Deal Uncertainty

Oil rose on Tuesday as traders' nervousness about a lack of progress on peace talks between the United States and Iran offset any price impact of a slight recovery in shipping through