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Thu, Apr

French Navy Chief Expects More Engagement from China

China will at one point have to engage more directly on how to restore oil traffic flows in the Strait of Hormuz because the number of vessels it has going through is
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US Gulf Coast Tanker Availability Drops as Asia, Europe Seek to Replace Middle East Supply

Oil tanker availability along the U.S. Gulf Coast has dropped sharply in recent weeks, as Asian and European refiners cut off from Middle Eastern supply have been snapping up vessels to import
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Russian Seaborne Diesel Exports Fall 3% Between February and March

Russia's seaborne diesel and gasoil exports fell 3% in March from February to around 3.06 million metric tons as repeated drone attacks disrupted fuel loadings at key ports, data from market sources and
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Polar Max Project Celebrates Start of Construction

The Polar Max project reached an important milestone as Davie and ALMACO officially marked the start of construction with a project kickoff ceremony at Davie’s shipyard in Lévis, Québec. The event signaled
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Conrad Industries Shares 2025 Results, Backlog

Conrad Industries, Inc. announced its 2025 results and backlog.For the quarter ended December 31, 2025, Conrad had net income of $4.7 million and earnings per diluted share of $0.94 compared to net
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Cavotec Signs $15b Order for MoorMaster Systems in North America

Cavotec has signed an order valued at approximately USD15.11 million (EUR 13 million) for the supply of MoorMaster automated vacuum mooring systems for a special application in North America. Deliveries are scheduled
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Iran War Reshapes Global LNG Trade

The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after
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Bahrain Circulates Revised UN Hormuz Draft

Bahrain has circulated a revised U.N. Security Council draft resolution on protecting commercial shipping in and around the Strait of Hormuz, retaining language authorising “all necessary means” but dropping an explicit reference
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