
Iran’s PGSA Blacklists 45 Ships Over Hormuz Transit Rules
Iran’s PGSA has blacklisted 45 vessels over alleged Strait of Hormuz transit violations, while warning that listed ships could face detention, confiscation or fines.

Iran’s PGSA has blacklisted 45 vessels over alleged Strait of Hormuz transit violations, while warning that listed ships could face detention, confiscation or fines.

Saudi Arabia-flagged VLCC Amzan was struck west of Yanbu on 24 August as Houthi attacks continued in the northern Red Sea, affecting crude export movements.

Bahri Logistics has ordered two offshore service vessels from Grandweld Shipyard for operations at Ras Tanura Port. Delivery is expected in August 2026.

IMI and ARO Drilling have signed a deal to build the offshore jack-up rig Kingdom 4 at Ras Al-Khair, part of Saudi Arabia’s Vision 2030 initiatives.
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