Iran Rejects Omani Plan for Strait of Hormuz Management
Tehran has ruled out Oman's proposal for regional joint management of the Strait of Hormuz, a senior Iranian official told Reuters on Wednesday, scuppering hopes for a resolution to the impasse that has choked off Gulf trade for months.Oman proposed a new regional deal aimed at resolving the conflict over the critical strait, through which about a fifth of global oil and liquefied natural gas flowed before the U.S.
Bureau Veritas Gives Blessing to Seatrium’s 30MW Floating Data Center
Seatrium has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for its 30 MW Floating Data Centre (FDC) concept, marking a milestone in the development of offshore digital infrastructure designed to support growing demand for artificial intelligence and cloud computing.The concept features a jetty-moored, non-propelled barge incorporating six independent 5 MW Data-In-A-Box modules…
Oman Proposes Voluntary Hormuz Transit Fee Plan
Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it, a Gulf source and a Western diplomat told Reuters on Tuesday.The plan could serve as a basis to end the disruption to trade through the strait caused by the U.S.-Israeli war on Iran.President Donald Trump, who abruptly called off a two-week U.S. bombing campaign over the weekend in his latest strategic U-turn…
Taiwan to Conducts Drills for Chinese Attack
Taiwan will test relocating weapons production lines and converting civilian factories for military use in annual drills next month, the defence ministry said on Tuesday, aiming to sustain combat operations if Chinese attacks hit supply hubs.The exercise, part of the annual Han Kuang war games from August 5 to 14, will simulate China using routine military drills to conceal preparations for a full invasion of Taiwan…
Coast Guard Seizes Marijuana Off the Caribbean
U.S. Coast Guard Cutter Charles Sexton's crew seized approximately 2,380 pounds of presumptive marijuana worth an estimate of $2.8 million, Saturday, following an interdiction of a suspected drug-smuggling vessel approximately 80 miles southwest of Great Inagua, Bahamas.In coordination with the Bahamian government and with logistical support from U.S. Coast Guard Homeland Security Cutter-Ocean, Coast…
Police Seize Tonnes of Cocaine Off Portugal
Police authorities have seized more than 2.6 tonnes of cocaine, with an estimated street value of €500 million ($570 million), in the Atlantic Ocean off the coast of Portugal, Italy's border and customs police said on Monday.The drug was found aboard an "ultra-fast ocean-going rigid inflatable boat", which smugglers typically use to recover illicit cargoes dropped at sea by large ships arriving from South America…
Houthis to Model Iran's Hormuz Control in Red Sea
Yemen's Houthi Movement aims to replicate Iran's Hormuz Strait strategy in the Red Sea by disrupting shipping in the Bab el-Mandeb and has been emboldened by an insufficient international response, Yemen's top diplomat said on Monday."The Houthis want to copy the Iranian model and this will shut down two main straits, the gateways into the Gulf and Red Sea," Yemeni Foreign Minister-designate Afrah Al-Zouba said, speaking to a small group of journalists at the Yemeni embassy in the Saudi capital,
Maersk Takes Delivery of First Ammonia Carrier
HD Hyundai Samho has delivered its first-ever very large ammonia carrier (VLAC), the 93,000-cubic-meter Jane Maersk, to Danish shipping company Maersk.The vessel is the first of five ordered in November 2023 and is capable of transporting both liquefied ammonia and LPG. To safely handle ammonia’s highly corrosive and toxic properties, it is equipped with advanced systems, including a specialized 'High Level Alarm' to minimize misloading risks.The company has secured nine VLACs this year alone…
Ret. U.S. Navy Captain Mark Harris Joins Exiger as Strategic Advisor
Exiger, a supply chain AI company and largest provider of supply chain risk technology to the U.S. Government, has announced that retired U.S. Navy Captain (Supply Corps) Mark Harris has joined as a Strategic Advisor.He brings over 30 years of logistics, supply chain, and operations management experience across diverse Navy programs to the development and delivery of Exiger's AI across military and defense industrial base customers.Capt.
ABS: Demand for Floating Offshore Wind Vessels is Rising
Demand for high-capability offshore support vessels for floating offshore wind is expected to strengthen in the late 2020s, with availability constraints emerging in some segments as early as 2029, according to a new report from ABS.Produced by ABS in collaboration with Intelatus Global Partners, Floating Offshore Wind and the Vessels That Support It examines the role large anchor handling tug supply…
United States, Norway Complete North Atlantic Interoperability Exercise
The U.S. Coast Guard successfully completed a major interoperability exercise conducted by the crews of Legend-class national security cutter USCGC Stone (WMSL 758) and Norwegian Coast Guard Vessel Hopen, marking a significant milestone in international Arctic cooperation and operational readiness.The exercise, part of Operation Arctic Cohesion (OAC) 2026, took place from July 8 to 15 off the coast of New England and ashore in Newport…
Houthis Targeted Saudi Oil Transport
Yemen's Iran-aligned Houthis said on Monday they targeted a number of sensitive crude oil supply and transport sites linking eastern Saudi Arabia to the critical Red Sea oil export hub of Yanbu.Saudi state oil giant Aramco did not immediately respond to a request for comment.Houthi military spokesperson Yahya Saree said the operation was in response to what he described as Saudi drone incursions into…
KUSPC: Commercial Shipbuilding’s New Partnership or an Outlet to Support Defense Acquisitions?
On July 23rd, 2026 Amtech, courtesy an invitation from the U.S. Department of Commerce, attended the Grand Opening of the Korea-U.S. Shipbuilding Partnership Center (KUSPC) in Washington DC, a Secretary level event with invitations provided to recognized leaders in the U.S. commercial and naval shipbuilding industry. Amtech has been working with Commerce from the initial release of the first Executive Order issued to recover and develop U.S. maritime dominance.
Fraser Industries LLC Signs Shipyard Modernization Memorandum of Understanding with HD Hyundai to Advance U.S. Shipbuilding Revitalization
Fraser Industries LLC announced that it has signed a memorandum of understanding (MOU) on cooperation for shipyard modernization to revitalize the U.S. shipbuilding industry with HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the intermediate holding company of HD Hyundai's shipbuilding division.HD Hyundai will advance Fraser Shipyards as a hub for rebuilding the U.S. shipbuilding industry…
BIO-UV Group Reports $22m Turnover in H1 2026
BIO-UV Group French water treatment and disinfection systems specialist BIO-UV Group has reported strong revenues of USD$22.8 million (€20.1 million) for the H1 2026, with its Services & After-Sales division achieving 10% growth on the same period 2025.The Groups says growth was driven by export activity, stabilization in the maritime retrofit market, and sustained momentum in fisheries and aquaculture.
CMT Launches Engine Pressure Drop Tester for Ship Operators
Germany's CM Technologies (CMT) has launched a compact pressure drop testing instrument designed to help ship operators detect cylinder pressure leaks early, enabling them to address engine wear before it leads to higher fuel consumption, costly repairs and vessel downtime.The Pressure Drop Test Instrument (PDTI) measures pressure loss in diesel engine cylinders during the compression process, helping engineers identify issues such as worn piston rings…
Iran Vows Response to Ukrainian Attack on Commercial Vessel
Iranian Foreign Minister Abbas Araqchi said on Sunday a Ukrainian attack on an Iranian commercial vessel "cannot go unanswered".Iran said the attack in the Caspian Sea resulted in an explosion that killed one sailor and injured another.Araqchi made the comments in calls with EU foreign policy chief Kaja Kallas and Russian Foreign Minister Sergei Lavrov, Araqchi posted on X.Lavrov, in a statement posted on the Russian Foreign Ministry's website, offered condolences in connection with the death of
Rescuers Search for Survivors After Vessel Sinks in South China Sea
Rescuers were searching on Sunday for 17 people still missing after a Vietnamese ship sank in the busy waterway of the South China Sea, while 45 have been pulled from the waters since Saturday night, China's state broadcaster CCTV said.Chinese authorities said the cargo vessel Khoi Nguyen 18, with 62 Vietnamese nationals aboard, ran into distress in waters near Fiery Cross Reef, CCTV added.A distress flare from the vessel was first spotted by a Chinese rescue ship…
Vessel Sinks Week After Being Struck by Russian Fire
An international general cargo vessel sank off the coast of Ukraine's Black Sea port of Odesa on Sunday, a week after Ukrainian officials said it had been struck by Russian forces.Ukraine's ports authority said the Golden Leo, sailing under a Guinea-Bissau flag, had sunk near the port.
Red Sea Shipping Slows After Houthi Attack on Saudi Arabia
Ship traffic through Bab el-Mandeb fell on Sunday after Yemeni Houthis attacked Saudi oil installations along the Red Sea coast, while transit through the Strait of Hormuz stayed low over the weekend, shipping data from Kpler showed on Monday.Eleven commodity vessels passed through the Bab el-Mandeb strait on Sunday, the lowest level in months, the data showed.Red Sea traffic has been disrupted off the coast of Yemen since last week by the Tehran-aligned Houthis…
