Maersk and Hapag-Lloyd are set to resume Red Sea transits on one of their shared Gemini Cooperation services, marking a cautious step back into the corridor after months of widespread …
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Cargo theft and freight fraud are climbing sharply across global supply chains, prompting a joint warning from the International Union of Marine Insurance (IUMI) and the Transported Asset Protection Association …
London-based energy market research firm Westwood has launched a new offshore vessel intelligence platform aimed at improving visibility across the global offshore support, service and offshore wind fleets. The platform …
Dutch surveyor Fugro has won a contract to carry out a geotechnical campaign on TotalEnergies’ NordSee Energies 1 offshore wind farm, 170 km off Germany. The surveys will provide insights …
New York-listed Greek dry bulk owner Diana Shipping has secured a direct continuation of the charter for its post-panamax, keeping the vessel employed with operator Cobelfret. Under the new deal, …
AD Ports Group has signed a preliminary agreement with the Democratic Republic of Congo’s Ministry of Transport and state transport body Onatra to explore the development and operation of a …
Posidonia has a new record to go alongside its position as the world’s most famous shipping show. The 2026 edition of the Greek shipping showcase is set to run across …
The incoming Dutch government has recommitted to offshore wind expansion, aiming for the upper limit of 40GW of capacity by 2040, while acknowledging challenges in meeting the 55% greenhouse gas …
Greece’s Atlas Maritime has jumped straight back into the suezmax market, ordering new tonnage at South Korea’s DH Shipbuilding after locking in gains from tanker resales. Market sources say the …
Liner shipping’s descent into loss has been predicted repeatedly throughout the notoriously hard-to-predict 2020s. Now, however, the doomsayers are speaking in a louder voice. Asian consultancy Linerlytica, for instance, has …
Oslo-listed seismic data specialist TGS has won two contracts, one for 4D streamer acquisition in the North Sea offshore Norway and one to expand multi-client data activities in Libya. The …
Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a 3D seismic acquisition contract by Italian energy giant Eni for work in the Timor Sea. The project comprises approximately …
German asset manager MPC Capital has teamed up with Norwegian investor Morten Astrup’s Storm Capital Management to launch a new shipping investment platform, kicking off with a $35m first close. …
Tor Olav Trøim-backed VLCC owner Bruton is in talks with China’s New Times Shipyard over options for up to two more vessels, as it continues to bulk up its newbuilding …
A US federal judge has ruled that the final halted offshore wind project could resume work. This is the fifth such court win against Donald Trump’s crusade against offshore wind. …
A trade pact between the US and India that cuts American tariffs and ties New Delhi to a halt in Russian oil purchases has sent immediate tremours through tanker markets, …
A jury at the Old Bailey in the UK found Russian captain Vladimir Motin guilty of manslaughter by gross negligence after his containership, Solong, ploughed into the anchored US‑flag tanker …
Costamare Bulkers, the New York-listed outfit operating out of Monaco, is picking up the pace on its fire sale as the owner looks to cash in ahead of Chinese New …
Chinese intra-Asia container player SITC International Holdings is pressing ahead with its fleet renewal and growth plans, returning to Huanghai Shipbuilding for two additional 2,700 teu newbuildings. The Hong Kong-listed …
Angola’s state-controlled energy company Sonangol is moving to grow its gas shipping exposure, placing an order for a new LNG carrier in South Korea. HD Hyundai Samho Heavy Industries has …
Houston-based offshore contractor McDermott has been awarded a decommissioning definition engineering contract by QatarEnergy for the country’s inaugural offshore decommissioning initiative. Under the contract scope, McDermott will develop a comprehensive …
Following last week’s decision by Panama’s Supreme Court to annul concession contracts held by a CK Hutchison unit for the Balboa and Cristobal terminals, Maersk-controlled APM Terminals has stepped into …
Two tankers were briefly detained off Penang last week after Malaysian authorities intercepted what they say was an illegal ship‑to‑ship (STS) transfer of crude in waters long notorious as a …
India has moved from talking about ships and ports to attacking the metal boxes that keep trade flowing. Finance minister Nirmala Sitharaman’s budget pledge contains a ₹10,000 crore ($1.2bn), five‑year …
Wolfgang Lehmacher gives his thoughts on the mother of all FTAs, arguing it could usher in a quantum leap for shipping leaders. The new India-EU trade deal, called the ‘Mother …
After grabbing headlines last Monday by locking in one-year time charters for seven VLCCs at $76,900 per day — levels not seen for decades — more fireworks have followed from …
Seadrill has secured more long-term work in Brazil after Equinor Brasil Energia exercised a one-year priced option for the ultra-deepwater drillship West Saturn. The New York-listed rig owner said the …
Supertanker owner DHT Holdings is pushing further with its fleet renewal, agreeing to sell its oldest vessel for $51.5m. The New York-listed company said the 2007-built 301,000 dwt DHT Bauhinia …
Malaysia’s top shipping line MISC has moved to grow its LNG fleet, signing up for up to six new liquefied natural gas carriers at China’s Hudong-Zhonghua Shipbuilding. The deal covers …
Rapidly-expanding Greek owner Venergy Maritime is pressing ahead with its fleet growth plans, firming up more MR product tanker orders in South Korea as it steadily builds scale in the …
China’s Shandong Marine has moved to expand its LNG carrier fleet, placing an order for four newbuildings at compatriot yard Jiangnan Shipyard, with the vessels set to be chartered to …
President Donald Trump has named Laura DiBella as the new chairman of the Federal Maritime Commission, filling a leadership gap at the US maritime regulator as it takes on a …
Singapore-listed Rex International is pressing ahead with offshore development drilling in Oman after its unit Masirah Oil secured a jackup rig for work at the Yumna field. Masirah Oil said …
Tor Olav Trøim-backed VLCC newcomer Bruton has exercised options for two additional newbuildings at China’s New Times Shipyard, continuing its steady build-up in the supertanker market. The Oslo-listed company confirmed …
Global aluminium production has nearly tripled since the turn of the millennium, and the ripple effects are being felt most clearly in the dry bulk market, where seaborne bauxite trade …
As a US carrier strike group made its way to the Gulf, a familiar foe to commercial shipping reared its head for the first time in months. A video titled …
Worley Rosenberg has been selected by Norwegian energy major Equinor to undertake maintenance and minor projects on selected facilities on the Norwegian Continental Shelf. The framework is expected to support …
Offshore engineering and services player Subsea 7 has won work on an oil project offshore Louisiana and an offshore wind project offshore Germany. The first contract was awarded by Shell …
One of Russia’s two biggest oil producers Lukoil has signed an agreement with US investment firm Carlyle to sell all its international assets. The transfer of assets will be done …
Kuba Szymanski, secretary general of InterManager, weighs in on the latest appalling data surrounding crew abandonment. Every time a seafarer is abandoned, the industry performs the same ritual: statements of …
Northern Lights has handed out a fresh round of CO2 shipping business to three of Japan and Malaysia’s biggest blue‑chip owners. The Oslo‑based CCS JV – owned by Equinor, TotalEnergies …
Panama’s Supreme Court has thrown CK Hutchison’s flagship Panama Ports Company (PPC) concession into limbo, ruling the Hong Kong group’s contract to operate terminals at either end of the Panama …
Japan has unveiled an all‑Japan shipping initiative designed to lock in work for its shipyards and tighten cooperation along the domestic maritime value chain, as competition from Chinese and South …
A major new survey by the World Maritime University (WMU) has painted a stark picture of life at sea, warning that excessive workloads, chronic stress and poor mental health are …
International Seaways is once again thinning out its fleet, pressing ahead with the sale of older ships as it reshapes its balance sheet and trading exposure. The New York-listed tanker …
PSA Singapore and Japanese shipping major Mitsui OSK Lines (MOL) have agreed to form a joint venture to run a dedicated roro terminal in the Lion City, tightening their grip …
Chinese containership player Zhonggu Logistics has booked up to six 6,000 teu vessels at Hengli Heavy Industry, lifting its newbuilding activity for the first time in several years. The Shanghai-listed …
Geneva Dry, the world’s premier commodities shipping conference, is delighted to reveal Delphine Bachmann, State Councillor in charge of the canton’s Department of Economy and Employment (DEE), will be giving …
Polish developer Orlen Neptun has inked a reservation agreement with the Kołobrzeg Seaport Authority to secure land for developing a service port supporting the company’s Baltic West offshore wind farm. …
Germany’s offshore wind sector has welcomed a government decision to delay the 2026 auctions to 2027, due to bottlenecks in converter platform completion and last year’s auction disaster. The cabinet …
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