With much in the news, I wish you good fixtures and safe travels. And now for the news before the headlines

Shell’s $16.4bn move for ARC Resources Ltd. deepens its Montney Basin exposure and signals a continued pivot back toward core oil and gas investment.

Iran’s negotiating delegation has presented the White House with an offer to end the war and reopen the Strait of Hormuz, but with a price.

Ukraine’s foreign ministry took the Israeli government to task for allowing a ship carrying allegedly stolen grain from Russian-occupied territories to unload at the port of Haifa.

The US Navy’s next annual budget is going to contain an unheard-of line item: a pair of multibillion-dollar studies of foreign shipbuilding options: USNI

Gary Howard speaks with Dr. Ricaurte (Catin) Vasquez, Administrator of the Canal de Panamá, about how the waterway is adapting to climate pressures, growing trade volumes, and the energy transition.

Royal Caribbean International confirmed that it has extended the order for its Icon class with the sixth and seventh ships of the class at Meyer Turku.

China Merchants Heavy Industries completed the delivery of the country’s first 180,000 cbm LNG gas carrier. It marked a milestone in Chinese shipbuilding in a sector currently dominated by South Korea’s shipbuilders.

Indian state Oil and Natural Gas Corporation Limited (ONGC) has canceled a tender for four jack up rigs, alleging  anticompetitive practices and an “unusually steep escalation” of prices offered.

The U.S. Department of the Interior announced today that it has reached agreements to redirect the planned investment for two offshore wind farm projects into the oil and gas sector, and in exchange, it will reimburse the fees paid for the wind leases.

Bunker suppliers in the Port of Antwerp-Bruges delivered around 2.5m mt of marine fuel to ships in the first quarter of 2026, up around 39% from the previous quarter.

Columbia Group has moved to steady the ship by confirming Andreas Hadjipetrou as its permanent chief executive, weeks after the sudden departure of long-time leader Mark O’Neil.

An extraordinary simultaneous build-up of ballast vessels across every major crude tanker segment has moved geopolitically driven disruption into a fundamental demand-side crisis.

IMO Secretary-General Arsenio Dominguez has called on all Member States to support efforts to address the situation in the Strait of Hormuz, where around 20,000 seafarers remain trapped and unable to leave.

Ship recycling prices across key recycling destinations have remained broadly stable despite weaker conditions in steel markets.

The Directorate General of Shipping’s control room has handled 7,755 calls and more than 16,518 emails since it was activated.

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