Stay informed with real-time maritime industry updates
Splash247
Velesto Energy has adopted an asset-light model by securing a drilling contract from Hibiscus Oil & Gas Malaysia, as reported by Splash247. The contract involves Velesto Drilling using a third-party jackup rig for Hibiscus' 2026 offshore drilling campaign in Malaysian waters.
gCaptain
A Vietnam-bound supertanker carrying 2 million barrels of Iraqi crude, previously halted by US forces after crossing the Strait of Hormuz, has resumed its journey, as reported by gCaptain.
gCaptain
Iraq exported 10 million barrels of oil via the Strait of Hormuz in April, a significant decrease from the previous monthly average of 93 million barrels before the Iran war, as reported by gCaptain.
gCaptain
Stomach bugs on cruise ships have reached a nearly two-decade high, as reported by Bloomberg. This rise coincides with an increase in the number of passengers boarding these vessels, highlighting a significant health concern, according to gCaptain.
gCaptain
A Suezmax tanker carrying Iraqi crude is nearing India after transiting the Strait of Hormuz, as reported by gCaptain. The vessel's journey highlights the ongoing movement of crude oil through this strategic chokepoint.
gCaptain
Greece has called on the European Union to intervene in what it claims is unlawful fishing by Turkish fishermen, a violation of maritime law, as reported by gCaptain. The request was made on Friday, highlighting ongoing tensions between the two nations over maritime boundaries.
gCaptain
The Trump administration has allowed a waiver promoting increased Russian crude sales to expire, as reported by gCaptain. This decision comes despite ongoing concerns about the global oil market, heightened by the conflict in Iran.
gCaptain
The USS Gerald R. Ford (CVN-78) returned to Norfolk, Virginia, after a historic 326-day deployment, as reported by gCaptain. The aircraft carrier's strike group received a Presidential Unit Citation for its service.
gCaptain
Cargo volumes at the Port of Long Beach saw a year-over-year decline in April, influenced by global market volatility and rising fuel costs, as reported by gCaptain. The ongoing crisis in the Strait of Hormuz continues to exert pressure on international supply chains, impacting trade operations.
gCaptain
General Dynamics NASSCO has secured $856 million to construct T-AO 217, the latest addition to the U.S. Navy’s John Lewis-class fleet replenishment oiler program, as reported by gCaptain. This funding continues the expansion of the Navy's logistical capabilities.
