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The U.S. will not renew a 30-day waiver of sanctions on Iranian oil at sea that expires this week, and quietly let a similar waiver on sanctions on Russian oil expire over the weekend, two administration officials told Reuters on Tuesday, as the U.S.
https://www.marinelink.com/news/us-not-renew-sanctions-waiver-iranian-oil-538047
https://www.marinelink.com/news/us-not-renew-sanctions-waiver-iranian-oil-538047More than 20 commercial ships have passed through the Strait of Hormuz in the past 24 hours, the Wall Street Journal reported on Tuesday, citing U.S. officials.Reuters could not immediately verify the report.Earlier on Tuesday, the U.S. military's…
https://www.marinelink.com/news/report-commercial-ships-transit-hormuz-538050
https://www.marinelink.com/news/report-commercial-ships-transit-hormuz-538050Switzerland-based offshore driller Transocean has secured more work in Brazil, with Petrobras extending the contract for its ultra-deepwater drillship Deepwater Corcovado. The 1,156-day extension will run in direct continuation of the rig’s current programme and is expected to add about $445m in backlog, keeping the unit busy through November 2030. There is, however, a short-term …
https://splash247.com/transocean-locks-in-445m-petrobras-drillship-extension/
https://splash247.com/transocean-locks-in-445m-petrobras-drillship-extension/AD Ports Group is looking to expand its footprint into Eastern Europe after signing a framework agreement with National Company Maritime Ports Administration SA to explore opportunities at the Port of Constanța. The Abu Dhabi-listed group said the deal sets the groundwork for potential investments in both new and existing infrastructure, alongside plans to roll …
https://splash247.com/ad-ports-eyes-black-sea-foothold-with-constanta-tie-up/
https://splash247.com/ad-ports-eyes-black-sea-foothold-with-constanta-tie-up/France’s CMA CGM is expanding further beyond shipping, striking a deal to acquire 100% of Fattal Group in a move aimed at tightening its grip on downstream supply chains. The deal will see the Marseille-based liner giant take full control of the Lebanon-rooted distribution business, with completion expected in the third quarter of 2026, subject …
https://splash247.com/cma-cgm-adds-distribution-muscle-with-fattal-acquisition/
https://splash247.com/cma-cgm-adds-distribution-muscle-with-fattal-acquisition/Nasdaq-listed Greek tanker owner Performance Shipping has agreed to sell its oldest vessel as it continues to reshape its fleet. The 2010-built aframax P Aliki has been picked up by Trafigura Maritime Logistics in a deal worth $42.65m. The 105,300 dwt tanker is expected to change hands by the end of the third quarter of …
https://splash247.com/performance-shipping-offloads-ageing-aframax-in-42-6m-deal-with-trafigura/
https://splash247.com/performance-shipping-offloads-ageing-aframax-in-42-6m-deal-with-trafigura/A third Iran-linked tanker was entering the Gulf via the Strait of Hormuz on Tuesday on the first full day of the U.S. blockade on vessels calling at Iranian ports, shipping data showed.U.S. President Donald Trump announced the blockade on Sunday…
https://www.marinelink.com/news/tankers-transit-hormuz-first-day-us-538018
https://www.marinelink.com/news/tankers-transit-hormuz-first-day-us-538018"Since the beginning of the Iran war, global seaborne crude oil shipments have fallen 16% compared to the first nine weeks of 2026, according to Signal Ocean data. This represents a reduction of 7.6 million barrels per day (mbdp) to 38.4 mbpd.
https://www.marinelink.com/news/bimco-global-seaborne-crude-shipments-538030
https://www.marinelink.com/news/bimco-global-seaborne-crude-shipments-538030SGMF has published its latest Life Cycle Assessment (LCA) on LNG, further demonstrating reductions in greenhouse gas (GHG) emissions compared to traditional marine fuels. One of the key findings is evidence of up to 29% tank-to-wake GHG emissions reductions when using LNG compared to MGO 0.1%…
https://www.marinelink.com/news/sgmf-life-cycle-assessment-lng-highlights-538031
https://www.marinelink.com/news/sgmf-life-cycle-assessment-lng-highlights-538031Demand for low greenhouse gas (GHG) methane is expected to grow in the coming decades as the expanding LNG‑capable fleet faces increasingly stringent emissions requirements. But its long-term viability as marine fuel depends on regulatory clarity…
https://www.marinelink.com/news/dnv-paper-finds-existing-lng-538032
https://www.marinelink.com/news/dnv-paper-finds-existing-lng-538032