Releases
Announcements, partnerships, and product updates from Blackwell.
Industry News
Headlines from across the maritime and offshore energy industry.
HD Hyundai Launches First Vessel Built at Revived Subic Bay Shipyard
HD Hyundai launched the Orion Jade, the first ship completed at its Subic Bay yard in the Philippines, starting full production at a facility now employing nearly 4,000 workers with numbers set to roughly double.
Source: gCaptain
Italy Becomes EU's Top LNG Importer as Purchases Elsewhere Lag
Italy became Europe's top LNG importer in July, the first time since 2017, as government incentives pushed traders to keep buying costly cargoes while Germany and France let storage lag behind winter targets.
Source: Bloomberg
FPSO Topside Construction Starts in China for Angola Ultra Deepwater Development
Azule Energy, the Eni and BP joint venture, has begun building the FPSO topside for the Greater PAJ project offshore Angola, one month after taking a final investment decision on a five field development targeting first oil in early 2029.
Source: Offshore Energy
India Flags Attack on LPG Tanker in Iran Waters, Says Crew Safe
India said an LPG tanker named DISHA, carrying 28 Indian crew, was attacked in Iranian territorial waters on Friday, with all crew reported safe as New Delhi issued fresh caution advisories for vessels near Yemen and the Bab el-Mandeb strait.
Source: gCaptain
Red Sea Shipping Slows After Houthi Attack On Saudi Arabia
Ship traffic through the Bab el-Mandeb strait fell to 11 commodity vessels on Sunday, the lowest daily total in months, after Houthi forces struck Aramco sites at Jizan and Yanbu, while fewer than 10 vessels a day crossed the Strait of Hormuz over the weekend.
Source: Reuters
Iraq To Sign Agreement With Syria On Building Of Oil Pipelines
Iraq's cabinet authorized Basra Oil Co. to sign a memorandum with Syria's oil ministry on building pipelines that would carry Iraqi crude to global markets via the Mediterranean, opening a new export route beyond the Strait of Hormuz.
Source: gCaptain
Saudi Arabia Bound Supertanker Reverses Course Before Houthi Chokepoint
A Hong Kong flagged supertanker bound for Saudi Arabia's Red Sea port of Yanbu abruptly reversed course just before the Bab el-Mandeb chokepoint, exposing the widening economic damage from the Houthi blockade on ships tied to the kingdom.
Source: gCaptain
Ukrainian Drones Spark Fires At Russian Oil Refinery And Platform
Ukrainian drones sparked fires at the Tyumen oil refinery some 2,000 kilometers from the border and at Lukoil's Filanovsky platform in the Caspian Sea, extending Kyiv's deep strike campaign against Russian energy infrastructure.
Source: gCaptain (Bloomberg)
EU Targets Russian Shadow Fleet, Banks and Crypto in Sweeping 21st Sanctions Package
The EU adopted its 21st sanctions package against Russia, adding 41 tankers to the shadow fleet blacklist for a total of 673 vessels, freezing assets at 94 banks, and suspending the G7 oil price cap adjustment until July 2027 over Strait of Hormuz disruption.
Source: gCaptain
Hormuz Tanker Crossings Slip to Lowest in More Than Two Months, Data Shows
Only one tanker crossed the Strait of Hormuz on Thursday, the lowest daily count since May 7 according to Kpler data, as U.S. strikes on Iran entered a 13th night and oil surged back to $100 a barrel.
Source: gCaptain
Saronic, Samsung Heavy Industries Partner to Advance Autonomous Shipbuilding in the U.S.
Saronic and Samsung Heavy Industries have formed a strategic partnership to combine U.S. autonomy technology with South Korean shipbuilding scale, announced Thursday at the launch of the Korea U.S. Shipbuilding Partnership Center as Saronic advances its $3 billion Port Alpha yard in Brownsville, Texas.
Source: gCaptain
DP World Expands UAE Gateway Bypassing the Strait of Hormuz
DP World signed a 50 year concession with the Fujairah Ports Authority to build two new terminals on the UAE's east coast, adding roughly 2.5 million TEUs and 5.3 million tonnes of general cargo capacity outside the Strait of Hormuz.
Source: gCaptain