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Seanergy Maritime posts 2025 profit decrease as charter rates moderate
1+ hour, 16+ min ago (290+ words) Seanergy Maritime Holdings recorded a net profit of $21.2 million for the fiscal year ended December 31, 2025. This figure represents a 51 per cent decrease from the $43.5 million profit achieved during the preceding 12-month period. Net vessel revenue for the year reached $155.5 million,…...
Trump’s pledge to continue Iran attacks drives up oil prices
5+ hour, 42+ min ago (352+ words) Oil prices climbed nearly seven per cent on Thursday after President Donald Trump said the US would continue attacks on Iran, stoking fears of prolonged disruptions to oil supply. Brent crude futures were up $7.65, or 7.6 per cent, to $108.81 per barrel…...
Italy taps into US gas as Golden Pass LNG deliveries set for June
1+ hour, 42+ min ago (335+ words) Italy will begin receiving liquefied natural gas (LNG) from the Golden Pass LNG facility in the US, a joint venture between QatarEnergy and Exxon Mobil, from June, two sources familiar with the matter told Reuters. The LNG tankers from the…...
An unusual detour: How an Indian LPG tanker cleared the Strait of Hormuz
1+ day, 23+ hour ago (436+ words) A day before Israel and the United States attacked Iran on February 28, the Indian-flagged LPG tanker Pine Gas loaded cargo at the United Arab Emirates" Ruwais port, hoping to reach home within a week. However, it would be nearly three…...
Iran opens safe corridor for Philippine vessels and energy supplies
6+ hour, 5+ min ago (222+ words) The Philippines has received an assurance from Iran that it will allow the safe passage of Philippine-flagged vessels, fuel and Filipino seafarers through the Strait of Hormuz, Manila's foreign ministry said on Thursday. The assurance came after Philippine foreign minister…...
France pushes China for direct action in the Strait of Hormuz
5+ hour, 10+ min ago (266+ words) China will at one point have to engage more directly on how to restore oil traffic flows in the Strait of Hormuz because the number of vessels it has going through is probably insufficient, France's navy chief said on Wednesday....
New oil spill response vessel commissioned in Germany
10+ hour, 11+ min ago (245+ words) Germany's Central Command for Maritime Emergencies has commissioned the L'tt Matten, a new oil spill response and multi-purpose work vessel. After successfully completing sea trials, the vessel is now stationed in Sassnitz to serve the Baltic Sea area. The agency…...
US Navy's newest Arleigh Burke-class warship launched
10+ hour, 42+ min ago (171+ words) HII's Ingalls Shipbuilding division has launched the future USS George M. Neal (DDG 131), the fourth Flight III Arleigh Burke-class destroyer built at the shipyard. The vessel was moved on April 1 from land into a dry dock for final inspections before the…...
Fishing Vessel News Roundup | April 2 – Russian crab boat deliveries, Norwegian feed barge order and more
18+ hour, 47+ min ago (502+ words) Recent deliveries include two crab fishing vessels for Russian owners and a large wellboat for operation in Scotland. A Norwegian customer has placed an order for a new fish farm service workboat. Lastly, a newly awarded contract calls for the…...
VESSEL REVIEW | Trapananda – Saam's new electric tug takes on terminal support in Southern Chile
5+ mon, 1+ week ago (354+ words) Chilean operator Saam Towage recently welcomed a new electric ship assist tug into service. The new tug has been christened Trapananda after the ancient name of Chilean Patagonia. Its main area of operations will be in Southern Chile, particularly the…...
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