GUAYAS II

ABS, Polaris Shipping, HD Hyundai Heavy Industries (HHI) and autonomous navigation solutions provider AVIKUS have signed a four-party Concept Study Agreement for the implementation of a Conditional Unmanned Bridge.Under the agreement, the parties will jointly develop an autonomous navigation concept enabling unmanned bridge operation during deep-sea voyages, when defined conditions are met, on one of Polaris Shipping's 325K Very Large Ore Carriers (VLOCs).The concept is not a fully unmanned operation across the entire voyage. Rather, it is a phased autonomous navigation concept under which the bridge is left unmanned only under specific low-risk conditions, such as open-ocean passage.

British commandos boarded and intercepted a sanctioned Russian shadow fleet oil tanker in the Channel on Sunday, leading for the first time an operation to disrupt the oil revenue that helps fund Russia's war in Ukraine.The vessel Smyrtos, sailing under a Cameroonian flag, was boarded by Royal Marine Commandos and National Crime Agency (NCA) officials in the early hours on Sunday, with support from Chinook helicopters and other aircraft, a frigate and a minehunter."This successful operation delivers yet another blow to Russia and reminds those fuelling Putin's war in Ukraine that we will not let them hide," Prime Minister Keir Starmer said in a post on X.

The “Badan Riset dan Inovasi Nasional” (BRIN), Indonesia’s national agency for research and innovation, has commissioned the French shipbuilder PIRIOU to design and build two research vessels:a multimission offshore hydro-oceanographic vessel (ORV – Ocean Going Research Vessel) and a coastal research vessel (CRV – Coastal Research Vessel).The order was signed on June 11, 2026 during a ceremony held in Indonesia, attended by representatives of BRIN, Stéphane BURGAUD, PIRIOU’s Commercial Director, and the project’s institutional partners. Both vessels will be built by PIRIOU VIETNAM, the Group’s industrial subsidiary in Southeast Asia.

Italian engineering, certification and consulting company RINA has secured a contract to provide safety assessment services for Indonesia's Green Hydrogen Hub Project H2WATT, a key initiative being developed by PLN Puslitbang, the research and development arm of state-owned utility PT PLN.The H2WATT project is aimed at supporting Indonesia's energy transition through the development of an integrated green hydrogen ecosystem and forms part of the country's broader efforts to build a low-carbon energy framework.Under the contract, RINA will assess fire and explosion risks across the planned facility, helping to support the safe design and operation of hydrogen infrastructure.

The world oil market will recover gradually from the closure of the Strait of Hormuz before tipping into a significant surplus in 2027, the International Energy Agency said in its monthly oil market report on Wednesday.The U.S. and Iran reached an agreement to end the three-month-old war, which includes Iran reopening the Strait of Hormuz and the U.S. lifting its naval blockade, potentially bringing an end to the largest oil supply disruption in history which shut in over 14 million barrels per day of Middle East oil output, according to the IEA.