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Finance Corporation to offer political risk insurance and guarantees for Gulf shipping after war-risk cover was withdrawn, and raised the option of tanker escorts.
Seaway7’s semi-submersible heavy transport vessel Seaway Eagle has completed the transport of jack-up rig GMS Enterprise from Dubai to Rotterdam, supporting offshore asset relocation.
QatarEnergy suspended the North Field Expansion after the US-Iran conflict began on 28 February 2026. Strikes on Ras Laffan and Mesaieed and the Strait of Hormuz closure have halted offshore work and clouded NFE and NFS timelines.
The Strait of Hormuz closure halted at least 150 tankers, paused Gulf terminal operations and forced carriers to suspend bookings and reroute vessels, driving delays and higher war-risk costs.
Technip Energies, with JGC and Samsung Heavy Industries, wins an MRV contract to advance Coral Norte FLNG offshore Mozambique, following early works and a hull launch in Geoje.
Saipem won a $500 million Aramco award for Safaniyah expansion, covering EPCI of a 48-inch (122 centimetre) trunkline—65 km (65,000 m) offshore and 12 km (12,000 m) onshore—plus subsea facilities.
Seaspan Careen was loaded onto GPO Emerald in Vancouver Harbour and is scheduled to sail to Indonesia for upgrades, including bottom reinforcement to lift larger and heavier ships.
BigLift Shipping orders a next-generation heavy lift vessel, a full sister ship of Happy Star, featuring 2,200 t tandem lift capability and Finnish/Swedish 1A Ice Class construction.
