Maritime Vessels Directory

The United States has become the world's largest oil exporter, upending a decades-old order long dominated by Saudi Arabia and Russia, a shift that tightens American companies' grip on energy markets as Washington's war with Iran reshapes global energy trade.America's ascendancy to the top spot marks a stunning reversal for a country that was dependent on Middle Eastern oil for decades and suffered from an oil embargo imposed by some OPEC members in 1973 to retaliate against U.S. support for Israel.U.S. fortunes began to change after 2010, when oil and gas output from its shale formations soared, first making it the world's top gas and then the world's top oil producer.With the U.S.

Hormuz Reopening Could Trigger OPEC’s Next Big Challenge

18 hours ago

Saudi Arabia and neighbouring Gulf producers will cheer the eventual reopening of the Strait of Hormuz, but the ensuing flood of oil risks eroding OPEC’s already fragile grip on the market.The Iran war and the closure of the vital waterway – through which nearly a fifth of the world’s oil and gas flowed before the conflict – have sharply diminished output from the Organization of the Petroleum Exporting Countries and moved the industry’s centre of gravity away from the Middle East.Riyadh’s options for countering these changes are limited.It remains far from clear when the strait will reopen or what conditions will look like when it does. While U.S.

Exmar Takes Delivery of 'World's First' Oceangoing Ammonia Dual-Fuel Vessel

2 days ago

Exmar has taken delivery of MGC ANTWERPEN, deemed by the Belgian shipping company as the world's first oceangoing vessel powered by a dual-fuel ammonia engine.The newbuild mid-size gas carrier is capable of carrying up to 46,000 cubic meters of ammonia or liquefied petroleum gas and can operate with close to zero emissions when fueled by low-carbon ammonia.Exmar said the vessel was developed in collaboration with HD Hyundai Heavy Industries, WinGD, Nord Gas Solutions and Lloyd's Register.

Al-Designed CTV Saves 100,000 Liters of Fuel, 258 Tons of CO2 a Year

2 days ago

Compute Maritime, the deep tech company behind NeuralShipper, the world's first Al platform for ship design, has revealed the results of its UK Government-funded project, GenDSOM, to bring generative Al and additive manufacturing into ship design.Working with consortium partners Siemens Digital Industries Software, Rapid Fusion, HP, BYD Naval Architects and the University of Southampton, the project has produced a next-generation crew transfer vessel (CTV) for the offshore wind sector that, in detailed performance modeling, saves 101,671 liters of fuel and 258.7 tons of CO2 per vessel every year compared with a conventional baseline.The designed vessel, a 32.

US Disables Tanker; Indian Crew Safe After Fire

3 days ago

U.S. forces disabled an unladen oil tanker in the Gulf of Oman on Monday after it attempted to sail to an Iranian port in violation of the ongoing blockade against Iran, the U.S. military said.U.S. Central Command said in a post on X that the M/T Marivex, a Palau-flagged vessel, was transiting international waters in the Gulf of Oman toward Iran when it was targeted.An F/A-18 Super Hornet from the USS Abraham Lincoln fired a precision munition into the ship's engineering and steering spaces after the crew failed to comply with directions from U.S. forces, CENTCOM said."Marivex is no longer sailing to Iran," it said.

Maritime Reporter and Engineering News (June 2026)