DAME ROMA MITCHELL

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. Iran denies seeking to resume talks with the United States.

On July 23rd, 2026 Amtech, courtesy an invitation from the U.S. Department of Commerce, attended the Grand Opening of the Korea-U.S. Shipbuilding Partnership Center (KUSPC) in Washington DC, a Secretary level event with invitations provided to recognized leaders in the U.S. commercial and naval shipbuilding industry. Amtech has been working with Commerce from the initial release of the first Executive Order issued to recover and develop U.S. maritime dominance. And with that, we will take this opportunity to thank our contacts at Commerce in Washington and Seoul for that support.On arrival to the morning event, the intent was clear. Red "MASGA" hats with U.S.

HD Korea Shipbuilding & Offshore Engineering has signed an agreement with Siemens Digital Industries Software to develop an AI-powered shipyard.The next-generation marine platform is centered on integrating the entire shipbuilding process—from vessel design and production to supply chain management, quality control and maintenance—into a single 3D-model-based data environment powered by AI and digital technologies, enabling the use of consistent information across every stage of the process.

The quest to rebuild U.S. shipbuilding capability quickly is premised on partnering with existing shipbuilding powers outside of China, with several recent announcements today solidifying the connection between the two allies.Four separate partnerships were recently announced, three today, underscoring a growing bilateral effort to rebuild America's maritime industrial base through investments in shipbuilding capacity, workforce development and advanced manufacturing technologies.The announcements, made in conjunction with the launch of the Korea-U.S. Shipbuilding Partnership Center (KUSPC) in Washington, D.C., reflect increasing collaboration between the two allied nations as the U.S.

DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total loss on the anchor handling tug supply (AHTS) vessel Skandi Amazonas, as the company continues to optimize and modernize its fleet.The company said it will sell the Skandi Mongstad, Skandi Flora, Skandi Feistein and Skandi Kvitsøy, with deliveries expected during the third quarter of 2026.The vessels will remain on their current contracts, while DOF will retain vessel management responsibilities and a minority ownership stake in the acquiring entity.