Iran Claims to Have Seized UAE Tanker After Multiple Attacks Last Week
Iranian media is carrying unconfirmed reports on Monday, August 17, that it has detained a tanker linked to the UAE for violations of its rules for the Strait of Hormuz.
MarineCraft News Desk
Chinese Demand Drives Russia’s Far East Crude Back to a Premium
Russia's Far East ESPO Blend crude for October delivery to China is trading at premiums of up to $1 a barrel to ICE Brent, supported by strong Chinese demand and uncertainty over oil supplies from the Middle East and Iran,…
AD Ports Received Buyout Proposal From the Abu Dhabi Government
AD Ports Group, which has grown rapidly into one of the largest ports, logistics, and shipping groups, has received an offer from one of the government’s sovereign wealth funds to buy the remaining shares of the company.
No Substance to Reports of Drone Sightings Over Diego Garcia
Reports on social media indicated that a drone had been sighted over the fuel tank farm on Diego Garcia last week. The Maritime Executive has not been able to find any supporting information for those claims.
Famous Museum Ship USS New Jersey Gets $24M in Upgrades
More than 80,000 people visit the battleship USS New Jersey each year, and her namesake state is investing $24 million in a redevelopment project designed to make that experience better.
Nine Killed in Toxic Gas Accident at HKC-Certified Shipbreaking Yard
On Friday, nine shipbreaking workers were killed and six more injured by exposure to hydrogen sulfide gas at the Ferdous Steel shipbreaking yard in Chattogram, raising questions in Bangladesh about safety at "green"-certified ship recyclers.