Releases
Announcements, partnerships, and product updates from Blackwell.
Industry News
Headlines from across the maritime and offshore energy industry.
Trump Administration Pays TotalEnergies $1B to Exit US Offshore Wind
The US Department of the Interior has reached an agreement with TotalEnergies to end the company's offshore wind leases in the US, redirecting approximately $1 billion into natural gas and LNG projects in line with the Trump administration's energy policy shift.
Source: GPB News / US Department of Interior
150 Ships Stranded as Hormuz Traffic Collapses
Escalating Iran-Israel conflict has brought vessel traffic through the Strait of Hormuz to a near halt, with major shipping lines suspending Gulf bookings and marine insurers withdrawing war risk coverage.
Source: Marine Link / Hellenic Shipping News
US Issues 60-Day Jones Act Waiver for Oil and Gas Shipments
The US administration issued a 60-day waiver of the Jones Act on March 18, permitting foreign-flagged vessels to transport critical commodities including oil and gas between US ports as domestic supply chains came under pressure from the Middle East crisis.
Source: Eckert Seamans — US Regulatory Actions March 2026
Brent Tops $100 as IEA Releases 400M Barrel Reserve
The IEA has called the current disruption the largest supply shock in the agency's history, authorizing the release of 400 million barrels from member country emergency reserves as Brent crude breached $100 per barrel.
Source: IEA / India Today