Brent$106.26(≈RM434)▲ +0.46%WTI$94.65(≈RM387)▲ +0.85%Nat Gas$3.32(≈RM14)▲ +2.47%Bunker$892.50(≈RM3,647)—Tapis$86.75(≈RM354)—JKM LNG$26.09(≈RM107)—MGO$1247.50(≈RM5,097)—EU Carbon€88.34(≈RM404)—TTF Gas€86.80(≈RM397)—Diesel$4.96(≈RM20)▲ +2.27%Coal$148.90(≈RM608)—USD/MYR4.0860—US Rigs551▲ +7 M/MRON95RM4.67(≈US$1.14)▲ +3.32% W/WRON97RM5.15(≈US$1.26)▲ +3.00% W/WDieselRM5.27(≈US$1.29)—
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Late-Life and Decommissioning Realities for Southeast Asian Offshore Assets

Watching a drillship from shore

Much of Southeast Asia’s offshore infrastructure was built for a design life that has already passed. Those platforms are still producing, which means the operative question is no longer whether they last, but under what conditions they are allowed to. By MarineCraft Journal  ·  9 September 2026  ·  10 mins read Design … Read more

What Makes a Vessel Seaworthy? Hull, Equipment, Crewing & Legal Obligations

Survey Vessels in the open sea

A seaworthy vessel is not simply one that floats and moves. It is a ship that is properly constructed, maintained, crewed, and equipped to safely encounter the expected perils of the voyage while protecting crew, cargo, and the environment. In maritime law and risk management, unseaworthiness is a core liability trigger. Understanding what seaworthiness requires in concrete, practical terms is essential for every shipowner, manager, and technical adviser.

Decoding Ship Design: Concept to Construction

Ship building at dry port

Every vessel begins as a set of operational requirements and ends as a physical structure built to exact tolerances, but the journey between those two points involves four distinct design stages, each with its own scope, disciplines, and decision points. Understanding how ship design progresses from concept to production helps every maritime professional appreciate the rigour behind the vessels they operate, survey, or manage.