Offshore & Energy
UK and US Test-Fire Torpedo from Uncrewed Submarine in AUKUS Trial
The UK's uncrewed underwater vehicle Excalibur fired a US torpedo, marking the first time either country has launched a torpedo from an unmanned vessel.
Offshore & Energy
QatarEnergy rejects pipeline for gas exports, says LNG makes no sense
QatarEnergy's CEO says moving gas via pipeline is not economically viable, while the company faces delays in its LNG expansion project due to Strait.
Offshore & Energy
Strait of Hormuz vessel traffic falls to record low
Preliminary data shows just three ships crossed the Strait on Wednesday, signaling heightened regional tensions. A detailed look at current maritime trends.
Offshore & Energy
2020 Bulkers to Enter AHTS Market via Strategic Acquisitions
Norway-based 2020 Bulkers is set to expand into the AHTS sector by acquiring up to 15 large vessels, aiming to consolidate the market.
LNG tanker diverted due to suspected cyberattack in Mediterranean
An LNG tanker experienced a systems failure in the Mediterranean, raising concerns about cybersecurity threats in maritime operations.
Suspected cyberattack halts LNG tanker en route to Europe
An LNG tanker on its journey from the US to Europe experienced systems failure, raising cybersecurity concerns in maritime trade.
SGMF Study Emphasizes Importance of Traceable Methanol Pathways in Decarbonization
A new study from SGMF highlights the GHG reduction potential of renewable methanol, underscoring the need for traceable and certified production pathways.
Saudi Red Sea Export Halt Pushes Oil Prices to Four-Month Highs
This article details how oil prices surged nearly $3 after a report of oil loadings at Saudi Arabia's Yanbu port being suspended, heightening supply.
Baker Hughes and Venture Global Expand US LNG Infrastructure
Baker Hughes secures contracts for gas compression and liquefaction equipment for Venture Global’s US LNG facilities, expanding capacity and pipeline infrastructure.
Bangladesh and Pakistan seek additional LNG shipments amid Middle East crisis
Bangladesh and Pakistan have launched tenders for spot LNG cargoes to ensure fuel supplies amid regional disruptions.
Energy Holdings, Ventura Offshore Agree All-Share Tie-Up Worth $1bn
SED Energy Holdings and Ventura Offshore have signed an all-share combination agreement, creating a $1bn energy services group.
Houthis seize strategic island, raising Red Sea shipping threat
Yemen's Houthi militants have reached Perim Island in Bab el-Mandeb Strait, tightening their grip on a key global shipping route and increasing the risk.
