Iran claims to shut down Strait of Hormuz briefly as round of US talks end with ‘progress’
US and Iranian officials reach no agreement in second round of talks
February 2026
In-Mar Commits to Expanding Product Lines to Support U.S. Navy
In-Mar Systems and In-Mar Solutions, Louisiana-based designers and suppliers of critical marine equipment, have announced a commitment to expand their product lines to support the evolving needs of the U.S. Navy and the broader U.S. maritime…
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Ship Owners Invest in More Tanker Newbuildings
Tanker newbuildings have been the main target among ship owners over the past couple of weeks. In its latest weekly report, shipbroker Banchero Costa noted that “it was a significant week for crude oil tanker contracting, with multiple large contracts …
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The LR supply wave: can freight stay on its feet?
The LR story over the next few quarters is less about a single demand catalyst and more about how much supply quietly comes back into play. This piece unpacks the levers behind that shift: a heavy newbuild delivery schedule, the unwind of recent clean-…
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IMO Sub-Committee on Pollution Prevention and Response (PPR 13)
The 13th session of the IMO’s Sub-Committee on Pollution Prevention and Response (PPR 13) was held in London from 9 to 13 February 2026. PPR commenced discussions on a legally binding framework on biofouling. PPR also agreed on amendments to requiremen…
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