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Saudi Aramco is offering crude oil outside the Strait of Hormuz to some Asian refiners through private negotiations, two sources with knowledge of the matter said on Monday, in a strategy similar to that adopted by United Arab Emirates' Abu Dhabi National Oil Co (ADNOC).In a rare move…
https://www.marinelink.com/news/saudi-aramco-offers-crude-outside-hormuz-542186
https://www.marinelink.com/news/saudi-aramco-offers-crude-outside-hormuz-542186Ship crossings via the Strait of Hormuz were still in single digits on Monday, despite rising slightly from the weekend, according to preliminary shipping data on Tuesday, amid a stalemate in U.S. and Iranian peace talks.Six commodity ships transited the strait on Monday…
https://www.marinelink.com/news/hormuz-crossings-rise-slightly-weekend-542187
https://www.marinelink.com/news/hormuz-crossings-rise-slightly-weekend-542187The United Kingdom Maritime Trade Operations (UKMTO) received a report on Tuesday that a vessel was struck by an unknown projectile while transiting outbound in the Strait of Hormuz, causing engine room damage and a crew casualty, with the remaining crew being assisted by the Omani Coast Guard.No en
https://www.marinelink.com/news/vessel-struck-strait-hormuz-crew-injured-542188
https://www.marinelink.com/news/vessel-struck-strait-hormuz-crew-injured-542188Companies from Africa, Europe, the US and Latin America offered strategies for steering through a challenging period of complex geopolitics, price volatility and supply chain congestion at a session of The Heavy Lift Group's (THLG) 74th Annual Conference.Moderated by Colin D'Abreo…
https://www.marinelink.com/news/heavy-lift-group-hosts-th-annual-supply-542156
https://www.marinelink.com/news/heavy-lift-group-hosts-th-annual-supply-542156McDonough Marine Service has introduced the M 1242-R, a 120' x 40' x 8' hydraulic ramp barge designed for marine and construction operations. The M 1242-R is equipped with two M25 winches and features a 25' long x 29' wide hydraulic ramp with…
https://www.marinelink.com/news/mcdonough-marine-service-launches-new-542157
https://www.marinelink.com/news/mcdonough-marine-service-launches-new-542157Weather conditions and operational challenges were hampering salvage efforts for a grounded tanker that was leaking Russian crude oil in a protected marine area off Oman's coast, the sultanate's state news agency reported on Monday.Oman has…
https://www.marinelink.com/news/weather-technical-challenges-hinder-oil-542158
https://www.marinelink.com/news/weather-technical-challenges-hinder-oil-542158The charity rescue ship, EMERGENCY, rescued 50 migrants from an wooden boat in international waters off Libya on Monday, while seven others were found dead, the charity said.Two people are in critical condition and suffering from suffocation and needed urgent medical evacuation, EMERGENCY said in a
https://www.marinelink.com/news/seven-dead-rescued-migrant-boat-offshore-542162
https://www.marinelink.com/news/seven-dead-rescued-migrant-boat-offshore-542162Iran has decided to shift its policy from defensive to "fully offensive" due to the deadlock in efforts to agree a permanent end to its war with the United States, a senior Iranian official told Reuters on Monday.Progress towards peace talks…
https://www.marinelink.com/news/iran-shifts-offensive-us-diplomacy-stalls-542163
https://www.marinelink.com/news/iran-shifts-offensive-us-diplomacy-stalls-542163Fairbanks Morse Defense (FMD), a portfolio company of Arcline Investment Management, announced a USD$8.08 million (6.98 million euro) investment in the expansion of the Vestdavit production facility in Redzikowo, Poland in partnership with the Pomeranian Regional Development Agency (PARR).
https://www.marinelink.com/news/fairbanks-morse-defense-expands-542164
https://www.marinelink.com/news/fairbanks-morse-defense-expands-542164TowWorks, a provider of enterprise technology solutions for the marine transportation industry, announced Tow Works Invoice Intelligence, an invoice processing solution designed to reduce the time and manual effort required to process vendor…
https://www.marinelink.com/news/towworks-launches-invoice-intelligence-542165
https://www.marinelink.com/news/towworks-launches-invoice-intelligence-542165