U.S. Navy Awards Vard Marine Contract for New Light Replenishment Oiler NGLS Design
On March 30, 2026, Vard Marine US, Inc. (a subsidiary of Vard Group AS, fully owned by Italy’s Fincantieri Group) secured a $4.5 million contract from the U.S. Navy to advance early-stage design work on the Next Generation Logistics Ship (NGLS), also known as the light replenishment oiler (T-AOL). The Houston-based naval architecture and marine […]
Damaged Russian LNG tanker Arctic Metagaz drifts out of control after Libyan towing operation fails in severe weather.
On April 2, 2026, at approximately 4:00 a.m. local time, the towing operation of the damaged Russian-flagged LNG tanker Arctic Metagaz broke loose due to harsh weather conditions, leaving the vessel completely adrift and out of control in the central Mediterranean Sea. Libya’s Ports and Maritime Transport Authority issued an urgent navigational warning stating that […]