MarineCraft News Desk

The MarineCraft Journal is written and reviewed by MarineCraft Global's technical team in Malaysia. Every article is checked against primary sources: IMO instruments and SOLAS chapters, Tokyo MOU inspection data, class society and OPITO guidance, and Malaysian regulators including CAAM, DOSH and the Marine Department. Sources are listed at the foot of each article so you can check a claim rather than take our word for it. Where we get something wrong, we correct it and say so.

Nakilat Reports 1.5 per Cent Profit Decline as Regional Conditions Affect Ship Repair, Agency and Towage

October 23, 2026 by MarineCraft News Desk

Qatar Gas Transport Company (Nakilat) reported a net profit of QAR1.29 billion (US$350 million) for the period ended September 30, 2026.The result was 1.5 per cent lower than the QAR1.31 billion (US$360 million) recorded for the corresponding period of 2025.Revenue…

Greece-Panama Law Firm Sanctioned by US for Aiding Iranian Shipping

October 23, 2026 by MarineCraft News Desk

The US Treasury Department imposed sanctions on Wednesday on Karnakis and Karnakis, a law firm based in Greece and Panama, saying it had for years provided legal assistance to Iranian shipping networks.

Infill Drilling Ops Underway Offshore Oman With November Start-up in Sight

October 23, 2026 by MarineCraft News Desk

October 21, 2026 · 11 hours ago Masirah Oil has kicked off drilling of the first infill well at an oil field offshore Oman, with production expected as early as November 2026.

Italy’s Ravenna Port Begins Trial Access for Ships Drawing 11 Metres

October 23, 2026 by MarineCraft News Desk

Cargo ship carrying electronic shipment sailing departing from a port

The Port of Ravenna in Italy began accepting ships drawing up to 11 metres at suitable berths on Tuesday, October 20, under an experimental ordinance issued by the local harbourmaster.Ordinance 139/2026 took effect immediately.

Iraq Resumes Commercial Shipping After 50 Years as Ship Departs UAE

October 23, 2026 by MarineCraft News Desk

Large Ship named Oliter Freya docked at a port of call

By The Maritime Executive 2026-10-21 15:44:57 An Iraqi-owned cargo ship departed the port of Jebel Ali in the United Arab Emirates today, October 21, northbound in the Persian Gulf.

What Drone Tank Inspection Removes, and What It Cannot

October 23, 2026 by MarineCraft Journal

Inside a tank there is no satellite signal, no ambient light and nowhere to land. What a drone removes from that job is real and substantial. What it does not remove is the reason most tank inspections exist. By MarineCraft Journal · 23 October 2026 · 9 mins read No GPSposition held … Read more