The heavy load carrier Red Zed 1 delivered the 10,847-tonnes liquefaction module to the Woodfibre LNG project site on 10 March 2026 as the project advances toward completion.
The first section of the Lucayan floating drydock departed CSSC Qingdao Beihai Shipbuilding and was loaded onto Boskalis’ Blue Marlin off Qingdao for transport to Grand Bahama Shipyard in the Bahamas.
Boskalis transported a 168 m floating dry dock from Freeport, Bahamas to Flushing aboard Mighty Servant 3, adding 18,000 t of lifting capacity to Shipyard Reimerswaal and expanding the yard’s ability to handle larger repair work.
The United States introduced a $20 billion maritime reinsurance programme for eligible vessels in the Gulf, aiming to support trade flows and war-risk cover through the Strait of Hormuz.
Seatrium has won a new FSRU conversion contract from Karpowership, with work on LNGT Karadeniz scheduled to begin in the third quarter of 2026.
Equinor has secured Norwegian consent to use Deepsea Bollsta for drilling, completion, temporary plugging and workover on Johan Sverdrup, following a rig contract extension tied to an eight-well program.
Iran said the Strait of Hormuz remained open and ruled out an immediate shutdown, even as ship movements through the waterway nearly came to a standstill during the US-Iran war.
An Indian seafarer has died after tanker MKD Vyom was struck by a projectile in the Gulf of Oman. The incident occurred amid rising security tensions affecting tanker routes near the Strait of Hormuz.
Trump ordered U.S. Development Finance Corporation to offer political risk insurance and guarantees for Gulf shipping after war-risk cover was withdrawn, and raised the option of tanker escorts.
