News
Latest updates from the industry and Bay Towing.
Industry News
Iran, Oman Working on Strait of Hormuz Agreement
Wed, 26 Aug 2026 @ 6:53 PM
Iran and Oman are still working on the details of an agreement on the Strait of Hormuz, a senior Iranian source said on Wednesday, after Iran's Revolutionary Guards said the two countries had agreed how to share the waterway and its revenues.The elite force's spokesperson…
Seventy Vessels Wait to Load Grain Near Sulina Canal
Wed, 26 Aug 2026 @ 10:59 AM
Up to 70 vessels are waiting near the Danube's Sulina Canal for access to Ukrainian ports to load grain for export, traders and analysts said on Wednesday, with a shortage of pilots and priority given to other cargoes creating long delays.After…
TDI-Brooks Completes Subsea Cable Survey Project Offshore Alaska
Wed, 26 Aug 2026 @ 9:06 AM
TDI-Brooks recently completed a third-party geotechnical project offshore Alaska, supporting a short cable route survey for Woolpert utilizing their Gravity CPT Stinger (gCPT) system. The project consisted of a geophysical and geotechnical survey…
Saltchuk Tanker Companies Ordered by NLRB to Bargain With Licensed Deck Officers
Wed, 26 Aug 2026 @ 8:57 AM
The National Labor Relations Board (NLRB) has ordered both Alaska Tanker Company (ATC) and Overseas Shipholding Group (OSG), Saltchuk Resources subsidiaries, to immediately recognize the International Organization of Masters, Mates & Pilots…
Installation of 35-Ton Propeller Sets the Stage for SMM 2026
Wed, 26 Aug 2026 @ 8:51 AM
The giant ship propeller supplied by Mecklenburger Metallguss (MMG) will once again take its place in front of the Hamburg exhibition halls. On Thursday, August 27, the maritime heavyweight will return to the exhibition grounds, providing a visible signal that SMM 2026 is about to begin.
Cadmatic Expands US Presence With Local Specialists
Wed, 26 Aug 2026 @ 8:40 AM
Marine design software company Cadmatic is expanding its US presence by hiring more local specialists to serve its rapidly growing customer base in the key US shipbuilding market. With demand driven by fleet renewal, naval procurement programs…
Kongsberg Maritime Expands Tunnel Thruster Range with Larger Models
Wed, 26 Aug 2026 @ 8:20 AM
Kongsberg Maritime has expanded its Rim-Drive Tunnel Thruster range with two larger models designed for vessels requiring higher thrust and enhanced dynamic positioning (DP) capability.The new RD-TT 2300 and RD-TT 2600 models have propeller diameters of 2…
Lloyd’s Register Joins Austal’s $715M Australian Army Landing Craft Program
Wed, 26 Aug 2026 @ 7:53 AM
Lloyd’s Register has secured a $7.8 million (A$11 million) contract from Austal Defence Australia to provide naval classification services for the Australian Army’s Landing Craft Medium program.The contract covers classification services throughout the construction of 18 landing craft…
Astro Offshore, Oceaneering Team Up on Integrated Subsea Solutions
Wed, 26 Aug 2026 @ 7:40 AM
Dubai-based offshore vessel operator Astro Offshore has signed a strategic memorandum of understanding with Oceaneering International to jointly pursue and deliver offshore and subsea projects.The agreement combines Astro Offshore's offshore…
Solstad’s Normand Valiant CSV Hooks $62M Contract with Petrobras
Wed, 26 Aug 2026 @ 6:25 AM
Petrobras has signed a two-year contract for the Normand Valiant construction support vessel (CSV), owned by Solstad Maritime (SOMA).The contract is expected to start in fourth quarter 2026 in direct continuation of the current agreement and…
Bay Towing News
Bay Towing orders Z-Tech 30-85 escort tug from Sterling Shipyard
July 13, 2026
Bay Towing has contracted Sterling Shipyard LLC, Port Neches, Texas, to construct a new escort tugboat for operations in the Sabine-Neches Waterway.