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Bahrain Hopes for Council Vote on Hormuz…on 2 April 2026 at 5:03 pmBahrain’s Foreign Minister Abdullatif bin Rashid Al Zayani told the United Nations Security Council on Thursday he hopes for a council vote on Friday on a resolution Bahrain has drafted to protect commercial shipping in and around the Strait of Hormuz.Oil prices have surged since the U.S.
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US Crude Trade at Record After Trump Promises to…on 2 April 2026 at 4:30 pmFront-month U.S. crude oil futures were trading at their largest-ever premium over the second-month contract on Thursday as traders scrambled for barrels after U.S. President Donald Trump vowed to continue attacking Iran.Widening backwardation…
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Concerns Raised by Repeated Chinese Detentions of…on 2 April 2026 at 4:24 pmDetentions of Panama-flagged vessels by China that followed a Panamanian court ruling raise serious concerns about efforts to undermine rule of law in the Latin American country, U.S. Secretary of State Marco Rubio said on Thursday.The U.S.
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JA Moody, Phoenix Lighting to Offer Electrical…on 2 April 2026 at 2:32 pmJA Moody, a supplier of flow control products to the U.S. Navy and marine industry, has announced a strategic partnership with Phoenix Lighting, a leading manufacturer of heavy-duty LED lighting solutions. This collaboration marks JA Moody’s official expansion into electrical products.
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China Inland Waterways Set for Zero-Carbon Push…on 2 April 2026 at 12:22 pmWah Kwong NatPower and Huzhou Wuxing Ruituo Energy have signed a memorandum of understanding to develop zero-carbon inland shipping corridors, focusing on electrification infrastructure across key waterways in China.The partnership will establish…
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Robert Allan Ltd. Develops RApide 1800 Design for…on 2 April 2026 at 11:38 amRobert Allan Ltd. in conjunction with Indústria Naval Catarinense Ltda. (INC), has announced the development of a new pushboat design. The vessels will support Transpetro’s bunkering operations at terminals in Brazil and form part of a newbuild…
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Zelim Opens New Canada Office in Nova Scotiaon 2 April 2026 at 11:12 amZelim announced that it is has established a site in Atlantic Canada, marking its commitment to strategic expansion in the North American maritime market. The site will be located at the COVE ocean facility in Dartmouth, Nova Scotia, a major…
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Oil Hikes 7% after Trump Says US-Israel will Keep…on 2 April 2026 at 9:53 amOil prices climbed nearly 7% on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of prolonged disruptions to oil supply.Brent crude futures LCOc1were up $7.65, or 7.6%, to $108.81 per barrel at 0902 GMT. U.S.