Maritime Vessels Directory

When tensions rise in the Middle East, it can be helpful to look at what is not happening as much as what is.In the crude oil market, this means focusing on the fact that so far not a single barrel of crude oil supply has been lost. It is in the interests of all involved parties that this remains the case.Crude oil prices rose again in early trade in Asia on Monday, with global benchmark Brent futures LCOc1 gaining 2.1% to trade at $75.76 a barrel.This built upon the 7% leap on June 13, which saw Brent rise to the highest in nearly five months as Israel launched a series of drone and air strikes that killed several top Iranian commanders and nuclear scientists and damaged nuclear facilities.

[Another] Geopolitical Scrum set to Upend Shipping Routes

2 days ago

Ships warned to avoid Red Sea, log Hormuz voyages after Israel hits IranMerchant shipping is continuing to pass through the Strait of Hormuz despite Israel's attacks on Iran on Friday, the multinational, U.S.-led Combined Maritime Force said, although some shipowners were looking to avoid the region.Iran has in the past threatened to close the critical Strait of Hormuz to traffic in retaliation for Western pressure. Any closure of the Strait could restrict trade and impact global oil prices.

Davie Acquisition of Texas Shipyards Could Fast Track U.S. Icebreaker Ambitions

4 days ago

Davie, a leader in icebreaker and specialized vessel construction, announced plans to acquire shipbuilding assets in Galveston and Port Arthur from Gulf Copper & Manufacturing Corporation — marking a major step toward revitalizing large-scale shipbuilding of icebreakers in the United States. The move underscores growing momentum behind domestic production of ice-capable vessels and aligns with U.S. maritime security and industrial revitalization goals.The deal, expected to close in summer 2025, is subject to standard financial, regulatory, and land lease approvals, including negotiations with the Galveston Wharves Board of Trustees.

Rayglass Launches “R Edition” Protector Range of RIBs

46 minutes ago

Rayglass Boats, a brand of Brunswick Corporation, has unveiled the all-new Protector R Edition range, an evolution of its high-performance RIBs. These exclusive models are engineered to deliver next-level performance, styling, and innovation.Leading the lineup is the 330 Targa R Edition, the first vessel in New Zealand to be powered by Mercury Racing’s new 400R V10 outboard engines. With a top speed exceeding 60 knots, this 10-meter boat is one of the fastest production cabin RIBs in the country.The R Edition retains the Protector hull while adding premium upgrades including custom R badging, exclusive graphics, diamond-stitched upholstery, and innovative marine technology.

Congo Lake Tumba Accident: 48 Dead, More Likely

53 minutes ago

The death toll has risen to at least 45 after three motorized canoes capsized in Democratic Republic of Congo's Lake Tumba last Wednesday, a local official said, as the search for survivors continued.Lake Commissioner Gabriel Ifulu Bongolomba said some 45 people were killed in the accident, while others were believed missing. The search for survivors was under way with Red Cross help, he added, with 100 people or so confirmed alive so far."Some survivors were afraid to come forward, fearing they might be arrested for using an unauthorized navigation route not controlled by the state," said Bongolomba.The interior ministry said 48 people were reported dead.

Maritime Reporter and Engineering News (June 2025)

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Maritime News

Tanker Trade Stands Firm (for now) Amidst Middle East Conflict

[Another] Geopolitical Scrum set to Upend Shipping Routes

Davie Acquisition of Texas Shipyards Could Fast Track U.S. Icebreaker Ambitions

Rayglass Launches “R Edition” Protector Range of RIBs

Congo Lake Tumba Accident: 48 Dead, More Likely