German shipowner Elbdeich Reederei recently placed an order for two container vessel newbuildings.The pair represents a new size for the family-run company's orderbook, which now comprises eight vessels in three different sizes.The TEU capacities of the new ships have not…
By The Maritime Executive 2026-10-08 20:17:00 Following yesterday's tanker attack in the central Arabian Gulf, Brent oil futures climbed to $104 per barrel, Dated Brent hit $136, and benchmark Gulf-East Asia tanker rates passed the $1.4 million per day mark…
Shell said on Thursday it had partially restarted its Pearl gas-to-liquids plant in Qatar, as traders said QatarEnergy returned Pearl-GTL naphtha cargoes to the spot market six months after the facility was damaged during the Iran war.Shell said the move…
October 8, 2026 · 19 hours ago Managing Editor XOCEAN, an Ireland-headquartered provider of uncrewed surface vessel (USV) operations and ocean data, has teamed up with two Japanese companies to collaborate on expanding the use of USVs for marine surveys…
Tankers are facing a higher risk of attacks and intimidation as they try to get critical shipments through the Strait of Hormuz after Iran issued new warnings it would block routes that it has not authorised, sources said.Last week already…
October 6, 2026 · 2 days ago Managing Editor Verlume, a UK-headquartered subsea batteries and power management systems specialist, has put its 500 kWh modular subsea energy storage system to the test in Aberdeen ahead of planned deployment in the…
