Business
$125m gamble: Why Solstad is buying its largest CSV a year early
Norwegian owner exercises $125m option to acquire 178-metre Normand Maximus CSV in October 2027.
Business
US Navy Bets $137m on Ursa Major to Break Missile Production Bottleneck
The two contracts fund solid rocket motors for next-gen air and naval missile programmes.
Conflicts
Strait of Hormuz Attack Leaves 12 Seafarers Injured as Tanker Fire Rages
Oman’s air force evacuated 10 crew members from the Panama-flagged On Peace.
Conflicts
Black Sea Drone Strike Sinks Cargo Ship—Crew Still Missing
Bulgarian PM calls attack in EEZ a "flagrant violation of maritime law" as search continues for missing sailors
Shipping
MSC Baltic III Wreck Removal Hits 55%—But Winter Looms
Canadian crews have extracted 6,086 tonnes of steel from the grounded containership.
Conflicts
23 Indian Crew Rescued as Drone Attack Sets Black Sea Tanker Ablaze
A Liberian-flagged tanker carrying crude oil was struck off Sochi, creating a 25 km² slick visible from shore
Conflicts
Hormuz attack leaves 12 injured as tanker crews face $50k transit bribes
Indian nationals account for 11 of the 12 seafarers injured in the latest projectile strike on the Panama-flagged On.
Headlines
Indian Navy Rescues Injured Vietnamese Mariner in Remote Ocean Rescue
A medical emergency at sea triggered a swift evacuation near India’s southernmost point on October 4.
Renewables
SFL bets $216m on ammonia carriers as charter backlog swells to $1.3bn
Two 93,000 cbm dual-fuel vessels ordered for 2028 delivery under long-term charters with a European oil major.
Conflicts
Hormuz tanker attacks surge: 24 ships hit in two weeks
Four tankers struck and one threatened in a single day as Iran’s Revolutionary Guard escalates its campaign in the.
