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Fri, May

Japan-Linked Tanker Carrying Saudi Oil Passes Strait of Hormuz

Panama-flagged tanker Idemitsu Maru, carrying 2 million barrels of Saudi oil, crossed the Strait of Hormuz, LSEG shipping data showed on Tuesday, becoming the first Japan-linked crude tanker to do so since
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Royal Caribbean Orders Two Icon Class Ships

Royal Caribbean Group has confirmed an order with Meyer Turku for a sixth and seventh Icon Class ship to be delivered in 2029 and 2030, respectively.The order is part of the company's
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Samsung Heavy Industries to Deliver Floating Data Centers in the U.S.

Mousterian Corporation, Inc. (M3), a developer of floating and water-adjacent data center infrastructure, and Samsung Heavy Industries (SHI) have announced a strategic cooperation to jointly develop and deliver institutional-grade floating data center
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Hanwha Ocean and Leidos Partner on Naval Shipbuilding

Hanwha Ocean and Leidos are collaborating to advance next-generation naval ship design, strengthen U.S. shipbuilding capacity, and pursue opportunities across global defense markets.Hanwha Ocean’s shipbuilding, combined with Leidos’ naval design and engineering
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Ukraine Strikes Russia's Tuapse Refinery

A Ukrainian drone attack caused a major fire at a Russian oil refinery in the city of Tuapse on Tuesday, officials said, in what President Vladimir Putin described as evidence of increased
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41m Shallow Draft River Vessel Ordered for Paraguay

Concordia Damen signed a newbuilding contract with an undisclosed Paraguayan client for a 41-meter Shallow Draft River Pusher, type CDS 4115. Delivery of the vessel is scheduled for 2027.The vessel will be
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Vessev Launches Hydrofoiling Network for Urban Transit

Vessev, a technology company designing and building electric passenger vessels, announced the launch of a new hydrofoiling network in Hobart, Australia, marking a step in using waterways as an efficient, scalable, zero-emissions
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Russian Superyacht Crosses Strait of Hormuz

A superyacht owned by Russian billionaire Alexey Mordashov was able to transit the blockaded Strait of Hormuz after undergoing maintenance in Dubai because neither Iran nor the United States objected, a source
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