US Coast Guard Continues to Provide Technical Support for Nigeria Port Security Compliance
The Nigerian Maritime Administration and Safety Agency, NIMASA has reaffirmed its commitment to strengthening port security in line with international standards, as the United States Coast Guard (USCG) continues to provide technical support for improved compliance with provisions of the International Ships and Ports Facility Security (ISPS) Code.A delegation from the USCG, led by the Chief of International Port Security Operations, Mr.
Reliance Industries Rejects Two Iranian Oil Cargoes; US Waiver Deadline Approaches
Reliance Industries has rejected two Iranian oil cargoes as they failed to meet its compliance requirements, the Indian refiner said on Friday, just days before the expiry of a U.S. waiver that has lifted sanctions on Iranian oil exports.Last month, Washington issued 30-day waivers on U.S. sanctions allowing the purchase of Russian and Iranian oil at sea in an attempt to ease prices which soared after U.S.-Israeli strikes on Iran.Treasury Secretary Scott Bessent on Wednesday said the U.S.
Hormuz Strait Reopens After Ceasefire Deal
Iranian Foreign Minister Abbas Araqchi said the Strait of Hormuz was open following the agreement of a ceasefire in Lebanon, while U.S. President Donald Trump said he believed a deal to end the Iran war would come "soon", although the timing remains unclear.Araqchi said in a post on X the Strait was open for all commercial vessels for the remainder of the U.S.-brokered 10-day truce between Israeli…
Strait of Hormuz Reopens and Oil Prices Drop, Impacting Federal Reserve Outlook
Reopened Middle East shipping and plummeting oil prices on Friday boosted bets the Federal Reserve may begin cutting interest rates as soon as December, but its policymakers still face a tangled outlook ahead of their April 28-29 meeting.Iran's announced reopening of the Strait of Hormuz pushed oil below $90 a barrel for the first time in more than five weeks, but U.S. central bank officials will now need to assess how much damage the seven-week conflict has done to underlying price trends…
Ships Sailing Through Hormuz Need Prior Coordination with the Iranian Islamic Revolutionary GuardCorps
All ships can sail through the Strait of Hormuz but this needs to be coordinated with Iran’s Islamic Revolutionary GuardCorps (IRGC), a senior Iranian official told Reuters, adding that unfreezing Iranian funds was part of the deal.Foreign Minister Abbas Araqchi wrote on X that the strait was open after a ceasefire accord was agreed in Lebanon, while U.S. President Donald Trump said he believed a deal to end the Iran war would come "soon"…
PSA Marine Receives 16th Z-Tech 6000 Tug
In 2024, Cheoy Lee Shipyards of Hong Kong delivered the first boat of Robert Allan Ltd.’s new Z-Tech 6000 design, the PSA Gemini, to PSA Marine of Singapore. Less than two years later the 16th and final boat of that contract, the PSA Nebula, has left the shipyard for its home in the Port of Singapore. The various boats of this series are now operating successfully in PSA Marine’s fleet, with seven in Singapore, six in Thailand, one in Peru and two in Panama.
Fincantieri, NCL Launch Cruise Ship Newbuild Ahead of 2027 Delivery
Italy’s Fincantieri and Norwegian Cruise Line (NCL) have launched the cruise ship Norwegian Aura at the Monfalcone shipyard, marking the start of the vessel’s final outfitting phase ahead of delivery scheduled for spring 2027.With a gross tonnage of about 170,000 tonnes and a length of 344 metres, Norwegian Aura is around 10% larger than previous Prima Plus-class ships Norwegian Aqua and Norwegian Luna.The vessel features 1,976 cabins and can accommodate approximately 3,880 passengers.
Astro Offshore Expands Subsea Capability with New MPSV
Astro Offshore has added a new ultra-deepwater multi-purpose support vessel (MPSV) to its fleet, strengthening its subsea capabilities and expanding into international markets.The vessel, Energy Savannah, which will be renamed Astro Atlas, is a 97-metre DP2 multipurpose support vessel and the largest in the company’s fleet.Equipped with a 150-tonne subsea active heave compensated crane, a 25-tonne secondary crane…
Europe Can Help Clear Mines in Strait of Hormuz, France Says
European countries such as Belgium, the Netherlands and France have mine clearance capacity which could help secure passage through the Strait of Hormuz, French Defence Minister Catherine Vautrin told French TV station TF1 on Friday."There are capabilities to provide fully supported escort services – that is to say, in no way offensive, of course – for ships to ensure safe passage through the strait; that is what will be debated today in Paris," she added.France and Britain are set to chair on F
