Asia News

China-based offshore wind foundations manufacturer Dajin Heavy Industry has delivered KING TWO, the second 40,000 DWT heavy deck carrier in its self-developed and self-built KING series.The delivery represents a step in expanding the company's offshore vessel-building capabilities, marking the transition of the vessel class into standardized batch construction following the commercial deployment of KING ONE.KING TWO has an overall length of 239.8 meters, a beam of 51 meters, a 12…

Yemen's Iran-aligned Houthis said on Wednesday they had launched a missile attack on a Saudi oil tanker off the coast of the kingdom's Red Sea port city of Yanbu.Saudi officials did not immediately respond to a request for comment.The Houthis' military spokesperson, Yahya Saree, did not say when the attack took place.(Reuters - Reporting by Nayera Abdallah and Tala Ramadan; Editing by Andrew Heavens)

A liquefied natural gas vessel controlled by Greek shipping company GasLog was stable after an incident while exiting the Strait of Hormuz, with everyone on board safe and accounted for, the company said.An "incident" had occurred on its Gaslog Shanghai LNG vessel on July 31, said GasLog in a statement. It did not provide details about the incident or whether the ship or its cargo had sustained any damage."GasLog LNG Services immediately activated their emergency plan, notified all relevant authorities…

The two very large crude carriers (VLCC) carrying oil loaded from the Gulf exited the Strait of Hormuz on Friday, with traffic through the waterway remaining thin, according to Kpler ship-tracking data.The Spain B vessel is carrying crude oil loaded from the Saudi Arabian port of Ras Tanura on July 12, and is currently anchored off Fujairah in the United Arab Emirates. Meanwhile Noble, which loaded Iraqi Basrah crude on July 25, is heading to China.Both VLCCs are carrying about 2 million barrels of crude each.

Singapore has issued eight new licenses to supply liquefied natural gas as a marine fuel in Singapore from September 1, 2026, the Maritime and Port Authority of Singapore said on Thursday.The new licences will expand Singapore's LNG bunkering capacity to meet growing demand expectations and support a multi-fuel bunkering hub.The licences were awarded to companies including Aramco Trading Singapore, Equatorial Marine Fuel Management Services, ExxonMobil Asia Pacific, PetroChina International Singapore, Shell Eastern Trading, Sinopec Fuel Oil Singapore, the TotalEnergies Gas & Power Asia-Sembcor

Oil prices rose for a second day on Thursday as renewed attacks between the United States and Iran disrupted oil flows through key shipping routes.Brent futures LCOc1 rose $1.06, or 1.17%, to $91.80 a barrel as of 0812 GMT after touching a low of $89.02 in the session.U.S. West Texas Intermediate (WTI) crude CLc1 gained 39 cents, or 0.46%, to $84.85 a barrel after hitting a session low of $83.21.Geopolitical tensions continued to simmer after the U.S. military said it had hit dozens of Islamic Revolutionary Guard Corps targets in Iran…

A QatarEnergy-controlled liquefied natural gas tanker exited the Strait of Hormuz overnight, the first such vessel recorded by ship-tracking data leaving the waterway since July 11, data from analytics firms showed on Thursday.The Al Areesh, which loaded a cargo at Qatar's Ras Laffan terminal around July 4 to July 6, sailed on July 29 from the strait blockaded in the Iran war, data from Kpler and LSEG showed.LSEG data shows it is currently heading to Port Qasim in Pakistan, estimated to arrive on July 31.

Sallaum Lines has ordered an 8,600-car equivalent unit (CEU) pure car and truck carrier (PCTC) from China Merchants Shipyard, with an option for a second vessel, expanding its newbuilding program as it prepares for long-term growth in the global vehicle carrier market.The LNG dual-fuel, ammonia-ready vessel is scheduled for delivery in 2029 and follows a separate order announced earlier this month for two firm 8,600-CEU PCTCs, with options for two more, at Xiamen Shipbuilding Industry.The latest order increases Sallaum Lines' newbuilding program to nine vessels…

Tehran has ruled out Oman's proposal for regional joint management of the Strait of Hormuz, a senior Iranian official told Reuters on Wednesday, scuppering hopes for a resolution to the impasse that has choked off Gulf trade for months.Oman proposed a new regional deal aimed at resolving the conflict over the critical strait, through which about a fifth of global oil and liquefied natural gas flowed before the U.S. and Israel attacked Iran in February.However, Tehran ruled out Oman's proposal for regional joint management of the strait, saying it had no chance of success.The U.S.

Seatrium has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for its 30 MW Floating Data Centre (FDC) concept, marking a milestone in the development of offshore digital infrastructure designed to support growing demand for artificial intelligence and cloud computing.The concept features a jetty-moored, non-propelled barge incorporating six independent 5 MW Data-In-A-Box modules, each integrating IT equipment, cooling systems, power distribution and supporting infrastructure in a modular design.The company said the concept combines modular construction…

Oman has presented Iran with a plan backed by Gulf states to manage the Strait of Hormuz, including collecting voluntary fees for using it, a Gulf source and a Western diplomat told Reuters on Tuesday.The plan could serve as a basis to end the disruption to trade through the strait caused by the U.S.-Israeli war on Iran.President Donald Trump, who abruptly called off a two-week U.S. bombing campaign over the weekend in his latest strategic U-turn, said there were "good talks" under way with Iran but threatened to restart strikes unless negotiations deliver.

Iranian Foreign Minister Abbas Araqchi said on Sunday a Ukrainian attack on an Iranian commercial vessel "cannot go unanswered".Iran said the attack in the Caspian Sea resulted in an explosion that killed one sailor and injured another.Araqchi made the comments in calls with EU foreign policy chief Kaja Kallas and Russian Foreign Minister Sergei Lavrov, Araqchi posted on X.Lavrov, in a statement posted on the Russian Foreign Ministry's website, offered condolences in connection with the death of a sailor in the attack.Lavrov said Araqchi thanked local authorities in the Russian region of Astra

ABS has signed two agreements with South Korean shipbuilding organizations aimed at advancing software-defined vessel technology and strengthening workforce development for the U.S. and Korean shipbuilding industries.The first agreement will see ABS Consulting and affiliate ABS Wavesight support HD Korea Shipbuilding & Offshore Engineering (HD KSOE) in developing its software-defined vessel (SDV) platform by providing software quality assurance advisory, verification and validation support.The collaboration is intended to help establish a framework for software quality…

Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil exited the Red Sea via the Bab el-Mandeb strait on Thursday, shipping data showed, apparently escaping a blockade on shipments of Saudi oil by Yemen's Houthi militias even as other Saudi vessels came under attack.The Red Sea blockade by the Iran-aligned Houthis is worsening global energy supply disruption, coming at the same time the key Strait of Hormuz has practically shut due to the resumption of fighting between the U.S.

UAE shipbuilder Grandweld Shipyards has secured a contract from Bahri Logistics, the logistics arm of Saudi Arabia's national shipping company Bahri, to design and build two offshore support vessels (OSV) for operations at Ras Tanura Port.The vessels will be designed to support Bahri Logistics' offshore operations at the Saudi port, one of the world's largest energy export hubs, and are scheduled for delivery later in 2026.Grandweld said the vessels will be equipped with advanced navigation…

Asian and European buyers of liquefied natural gas (LNG) plan to ask for lower prices and additional supply guarantees from Qatar and the United Arab Emirates as the U.S.-Iran war raises insurance costs on those deliveries, buyers, traders and industry executives told Reuters.The war is reshaping the global energy industry, stripping Gulf producers of their reputation as the world's most reliable suppliers, which in the past gave them significant negotiating power. Their ability…

Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil are exiting the Red Sea via the Bab el-Mandeb strait on Thursday, shipping data showed, even as a Saudi vessel came under attack in the region.The ships' attempt to transit the strait will clearly test how tightly the Houthis will impose the naval blockade on Saudi Arabia they announced on Monday. The group said they attacked two Saudi tankers with drones and missiles earlier on Thursday.The Red…

The Iranian-aligned Houthis said on Thursday they struck two Saudi oil tankers as part of a naval blockade on Saudi Arabia, threatening to create a second chokepoint on global oil supplies alongside Iran's near-closure of the Strait of Hormuz.Meanwhile the U.S. military completed a new round of strikes on Iran at President Donald Trump's direction, marking a 12th successive night of American attacks and prompting further Iranian retaliation.Iran said it attacked U.S. missile systems, weapons and fuel storages in Jordan, as well as U.S.

A tanker in the Strait of Hormuz reported being struck by an unknown projectile, forcing its crew to abandon the vessel and board a lifeboat, the United Kingdom Maritime Trade Operations agency (UKMTO) said on Tuesday.UKMTO said it had received multiple reports on Tuesday that a tanker had broadcast over VHF Channel 16 that it had been hit by an unknown projectile. The incident was reported eight nautical miles east of Oman's Limah and authorities were investigating.UKMTO said…

Fincantieri has secured a three-year contract from the Qatar Emiri Naval Forces to operate the navy's Training and Simulation Centre, extending its support role following the delivery of seven naval vessels and associated capabilities.The Training and Simulation Centre, delivered by Fincantieri in 2021, supports the training of Qatari naval personnel through advanced simulation systems that allow officers, non-commissioned officers and sailors to operate in realistic tactical scenarios.Under the agreement…

Oil prices rose to near six-week highs on Wednesday on mounting concerns about disruptions to key Middle Eastern supply routes because of escalating hostilities between the U.S. and Iran and threats to shipping by the Iran-backed Houthi militia in Yemen.Brent crude futures LCOc1 rose $2.84, or 3.12%, to $93.85 a barrel at 0833 GMT. U.S. West Texas Intermediate crude CLc1 climbed $2.93, or 3.47%, to $87.27. Both benchmarks touched their highest levels since June 11.The U.S. military said late on Tuesday, early Wednesday in Iran, that it carried out an 11th consecutive night of attacks. The U.S.

Sea1 Offshore has launched the Sea1 Diamond, the first vessel in a series of four offshore energy support vessels under construction at COSCO Shipping.The float-out marks a key milestone in Sea1 Offshore's newbuild program, with the company describing the vessel as the start of a new chapter for its fleet.Sea1 Diamond is the first of four offshore energy support vessels ordered from the Chinese shipyard. The initial two vessels were contracted in November 2024, followed by two additional units in March 2025 as Sea1 expanded the program.Based on the ST-245 design…

ABL has been awarded a contract by Oil Search (PNG), a subsidiary of Santos, to provide marine warranty survey (MWS) services for Papua New Guinea's first offshore floating storage and offloading (FSO) facility.The work will support the supply, transportation, installation, pre-commissioning and commissioning of the FSO, which will be deployed at the Kumul Marine Terminal as part of the Kutubu Pipeline System.The FSO will provide storage and offloading for crude oil and condensate produced from multiple fields…