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Brent crude futures rose more than 2% on Tuesday after the U.S. military carried out strikes in Iran, keeping markets on edge as a deal to end the war and open up the Strait of Hormuz remained elusive.Brent futures LCOc1 were up $2.36, or 2.5%…
https://www.marinelink.com/news/brent-jumps-us-strikes-iran-rattle-oil-539579
https://www.marinelink.com/news/brent-jumps-us-strikes-iran-rattle-oil-539579Australia's Santos will prioritise LNG and oil growth in three core regions, including Alaska and Papua New Guinea, under a new strategy that also includes reducing net debt by $2.5 billion by 2030."We are now laser-focused on investment in major oil and LNG production across three regions…
https://www.marinelink.com/news/santos-targets-lng-oil-expansion-alaska-539581
https://www.marinelink.com/news/santos-targets-lng-oil-expansion-alaska-539581Several magnetic mines had been detected on a tanker in Russia's Baltic Sea port of Ust-Luga, Russia's Investigative Committee said on Monday.The committee said the mines, manufactured in a NATO country, were found by divers during an inspection of the hull of the tanker Arrhenius…
https://www.marinelink.com/news/russia-says-magnetic-mines-found-tanker-539572
https://www.marinelink.com/news/russia-says-magnetic-mines-found-tanker-539572Oil prices fell nearly 7% on Monday as optimism grew that the United States and Iran were moving closer to a peace deal that would reopen the Strait of Hormuz, even though Washington and Tehran played down hopes for an imminent breakthrough.Brent crude futures LCOc1 were down $7.24…
https://www.marinelink.com/news/oil-tumbles-us-iran-seen-moving-closer-539573
https://www.marinelink.com/news/oil-tumbles-us-iran-seen-moving-closer-539573The CMA CGM Group has appointed Esra Bora as Managing Director of ANL Container Line and General Manager of CMA CGM Oceania agencies, based in Melbourne, Australia.Bora will oversee the Group’s activities across the Oceania region, as well as the strategy and operations of ANL Container Line.
https://www.marinelink.com/news/cma-cgm-appoints-managing-director-anl-539576
https://www.marinelink.com/news/cma-cgm-appoints-managing-director-anl-539576With tens of thousands of people flying into Greece for Posidonia, Athens-based Simon Ward from Ursa Shipbrokers has published an updated list for those attending the world’s most famous shipping gathering. Ward’s eight-point etiquette advisory covers a wide range of topics and is aimed at everyone, whether young or old, a first-timer or an old …
https://splash247.com/posidonia-etiquette-guide-published/
https://splash247.com/posidonia-etiquette-guide-published/Major offshore wind markets in the UK, Europe, and APAC, excluding mainland China, are tightening their policy frameworks to support project execution, creating a more stable backdrop than the US, where regulatory uncertainty continues to weigh on market momentum. According to London-based energy market research firm Westwood, marketed utilisation for wind turbine installation vessels (WTIVs) …
Malaysia’s state-owned oil and gas giant Petronas has confirmed that three contractor personnel were killed when a lifeboat detached and fell into the sea during maintenance work at one of its FSO units off Malaysia. The incident occurred at approximately 12:50 pm local time on Sunday on the Sepat floating storage offloading (FSO) unit. Four …
https://splash247.com/three-dead-in-lifeboat-incident-on-petronas-fso/
https://splash247.com/three-dead-in-lifeboat-incident-on-petronas-fso/Sunil Kapoor on why enclosed space fatalities continue despite procedures and training. He looks at behavioural patterns, system gaps, and the need for greater visibility across the industry. It was a normal day. Cargo operations had begun. The superintendent was on board. Hatch covers were open, crew moving about, inspections underway. Nothing felt out of …
https://splash247.com/enclosed-spaces-routine-familiar-fatal/
https://splash247.com/enclosed-spaces-routine-familiar-fatal/Turkish owner Besiktas appears to be eyeing what brokerage sources describe as an impressive asset play. The outfit is listed as selling the 10-year-old MR tanker Antalya for around $40m. The 50,000 dwt product tanker, built in 2016 at SPP Shipbuilding in South Korea, was picked up by Besiktas in October last year for about …
https://splash247.com/besiktas-makes-swift-profit-on-product-tanker-play/
https://splash247.com/besiktas-makes-swift-profit-on-product-tanker-play/