Oil Prices Rise: Oil prices soared as US reinstated naval blockade against Iran after missile strikes on UAE tankers in the Strait of Hormuz, raising concerns over energy supply disruption.
The UK Government confirmed that the project to remove the masts from a famous World War II shipwreck in the Thames Estuary has been commissioned at a cost of £9.5 million ($12.7 million).
From www.bbc.co.uk
The UAE calls the attack "brazen" after one person was killed and eight injured, while the US completes strikes aimed at degrading "Iran's ability to attack commercial shipping".
In the latest escalation of the US-Iran conflict, US president Donald Trump said the blockade of Iranian ports will begin again, and that the US will seek to be reimbursed 20% of the value of cargo transiting the Strait of Hormuz to pay for its security costs.
Six Indian and two Ukrainian crew injured in missile attacks on vessels off Oman, says UAE Ministry of Defence.
Trump says the US will reimpose its Iranian blockade and charge a 20% fee on Hormuz cargo shipments, a move the IMO says has no legal basis.
The Baltic Exchange’s dry bulk freight index, which monitors rates for ships carrying dry bulk commodities rises for 3rd Day.
The number of tankers moving through the Strait of Hormuz dropped on Monday, drops to two-month low.
Diana Shipping is continuing its battle to acquire Genco despite having been rebuffed by Genco’s board and losing in its attempt to put new directors on the board of directors.
TOTE Services, which pioneered the idea of a third-party construction manager for U.S. government shipbuilding programs, has won the U.S. Navy's first-ever VCM award.
The war of words continues between Chinese and U.S. officials who claim that China is using its maritime and economic strengths to coerce Panama and other nations.
From splash247.com
Nasdaq-listed StealthGas has settled the insurance claim linked to its damaged LPG carrier Eco Wizard and is preparing to sell the vessel in its current condition.
Ukraine’s ongoing strategic air and sea campaign to tighten the screws on Russia economically has taken a further leap forward in recent days, background to an announcement on July 10 by Ukrainian President Zelensky that a new Long Range Command had been established within the Ukrainian Armed Forces structure, solely to prosecute long-range warfare on Russian strategic targets.
Kongsberg Maritime is moving to strengthen its offering in marine propulsion through the acquisition of Berg Propulsion.
From splash247.com
Singapore-based offshore marine solutions provider JUB Pacific has acquired an anchor handling tug and supply vessel.
From splash247.com
A consortium of Scottish energy firm SSEN Transmission, Sumitomo, and Van Oord has signed a long-term framework agreement to support the delivery of future HVDC subsea transmission infrastructure across northern Scotland.
From splash247.com
Offshore wind vessel heavyweight Cadeler has signed a senior secured green term loan facility of €247m to finance part of the construction of its third A-class newbuild offshore wind installation vessel Wind Apex.
A Philippine seafarer who had been working as an able-bodied seaman on an oil tanker pleaded guilty in a Los Angeles district court on July 13 to concealing nearly 200 kilograms of cocaine for a drug cartel.
From www.world-grain.com
Larger planted area main driver as yields may be constrained
From www.world-grain.com
Growing biofuels demand spurs milestone at David City, Nebraska, facility
From www.world-grain.com
Grain handling, storage equipment damaged at Black Sea port facility
From www.world-grain.com
Sheri Glazier is a veteran wheat farmer and dietitian
Strait Of Hormuz Tanker Traffic: Tanker traffic in the Strait of Hormuz has dropped to the lowest level in two months, raising concerns over tracking transparency and potential impacts on global oil supply and prices.
Floating storage of crude and condensate in East Asian waters declined month over month in June, with Southeast Asia volumes returning to the year-ago level as the Iranian crude overhang, which had built up since late 2025, unwound.
France Heatwave: France's main energy provider on Sunday said three nuclear reactors had been temporarily shut down and eight others were operating at reduced power due to the heatwave sweeping France.
