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The Global Maritime Forum has reshaped its board, bringing in fresh voices from shipping and finance while long-serving members step down after reaching term limits. Stephen Fewster, global lead for …

Oslo-listed Stainless Tankers is reshaping its leadership, with a change at both board and executive level as the Tufton-backed owner prepares for its next phase. Chairman Ted Kalborg will step …

UAE-based offshore support vessel owner Gulf Marine Services has secured two contracts that take it into Africa and Latin America for the first time, while also opening up a new …

Orient Overseas Container Line (OOCL) has launched a legal challenge against the Federal Maritime Commission, arguing the regulator’s in-house adjudication process is unconstitutional following a $45m ruling against the liner …

Norwegian offshore vessel owner DOF has secured a major long-term win in Brazil, landing 12-year charter and services contracts for four newbuild ROV support vessels tied to deepwater work for …

The Prokopiou family is stepping further into the tanker market with the launch of a new company that has wasted little time securing its first newbuilding slots in China. New …

The Trump administration’s Project Freedom operation to guide stranded vessels out of the Persian Gulf through the Strait of Hormuz has been suspended after just two days, as Iran pressed …

TFG Marine, Trafigura’s bunker fuel supply business with John Fredriksen’s Frontline and Alex Saverys-led CMB.TECH has secured a working capital facility of up to $300m from DBS Bank, boosting liquidity …

German automotive and arms manufacturer Rheinmetall has revealed it is working with Mediterranean Shipping Co (MSC) to take over the bankrupt Romanian shipyard Mangalia. The two companies are looking at …

Bremen-based D. Oltmann Reederei has been identified as the European owner behind four 10,010 teu container ship orders placed at Korea’s HJ Shipbuilding and Construction, according to Alphaliner. The low-profile …

Nissen Kaiun is capitalising on surging tanker asset values, offloading modern eco aframaxes at levels rarely seen before. The most talked-about sale in this weekend’s broker reports has been the …

Defending today’s demolition model may be pragmatic, but it risks locking the industry into a compromise it was never meant to keep, argues Captain Soumitro Roy from the Elegant Exit …

France’s CMA CGM Group is pushing further inland in the Gulf, signing a cooperation deal with AD Ports Group to extend its reach beyond the quay at Khalifa port. The …

Damen Shipyards has started operations at a key West African repair base after forming a joint venture with the Senegalese government to run facilities in Dakar. The Dutch group has …

The Sea Cargo Charter has named James Lewis, global head of operations at Cargill, as its new chair, following its annual meeting in Geneva. The appointment comes as the group …

Oslo-listed tanker newcomer Bruton has fixed its first VLCC on a long-term deal ahead of delivery. The Tor Olav Trøim-backed company said the 300,000 dwt Mount Vision, due for delivery …

Norwegian owner DOF has won a substantial subsea commissioning support contract in the APAC region valued between $25m and $50m. The company said it will deploy its construction support vessel …

IPG Shipping has kicked off its Australian operations after its first chartered vessel, the Nomadic Milde, berthed at the Port of Rockhampton, marking the formal start of its regional shipping …

TGS is moving ahead with another multi-client seismic campaign in the Norwegian North Sea, launching a new 3D streamer survey in the Åsta Graben area as exploration activity in the …

Norway’s Aker Solutions has landed a FEED contract from compatriot Equinor to prepare the Kvitebjørn platform to receive production from the Atlantis subsea tie‑in project. Work starts immediately, with an …

Germany’s Reederei Nord is stepping into the large bulker segment with an order for up to four newcastlemax vessels at Wuhu Shipyard. The Hamburg-based owner has contracted two firm 211,000 …

Swedish offshore vessel owner Viking Supply Ships is set for a leadership change after chief executive Trond Myklebust resigned at his own request, bringing an end to nearly a decade …

Offshore driller Valaris has secured a string of new contracts and extensions for its jackup fleet, strengthening utilisation across key regions and lifting its backlog. The headline award saw the …

Malaysia’s MISC has moved into the floating regasification space, lining up a newbuild FSRU at Samsung Heavy Industries to serve a long-term contract with Petronas Gas. The Bursa Malaysia-listed owner …

Speakers took to the stage at last week’s Geneva Dry’s AI, Digitalisation and the Dry Bulk Workforce session to the strains of REM’s It’s The End Of The World As …

Twenty-four hours into the Trump administration’s Project Freedom operation to guide stranded vessels out of the Persian Gulf, shipowners remain deeply cautious – and Iran’s actions on the ground are …

Norway’s Solstad Maritime has lined up its construction support vessel Normand Jarstein for a multi-year subsea campaign after entering into a letter of intent with compatriot Reach Subsea covering work …

Authorities in Newfoundland and Labrador have agreed on a final plan to remove the wreck of the MSC Baltic III, with contractors set to dismantle the vessel in sections and …

With Posidonia’s conference programme starting tomorrow – more than three weeks before the exhibition gets underway – the world’s top shipyards are getting ready to market their newbuild offerings to …

The Maritime Attention Index shows that public interest in the shipping industry is fading from the highs early in the US-Israel war on Iran, writes Dustin Eno, a crisis communications …

The containership orderbook has reached a record high of 13m teu, according to consultancy Linerlytica which is warning of looming overcapacity. Ships on order are now greater than the combined …

Diana Shipping has taken its takeover fight for Genco Shipping & Trading straight to shareholders, launching a tender offer to acquire the US-listed bulker owner for $23.50 per share in …

Equinor has extended a raft of drilling and well service agreements on the Norwegian continental shelf, committing around NOK 17bn ($1.83bn) to keep activity levels high and production steady in …

Knutsen NYK Carbon Carriers (KNCC) is moving further into the centre of Europe’s emerging carbon transport network after joining Aker Solutions and Vår Energi CCS in a new framework aimed …

Greek tanker owner Okeanis Eco Tankers has lined up $190m in new loan facilities to fund vessel acquisitions and buy back ships tied to sale-and-leaseback deals. The New York- and …

South Korea’s KSS Line has moved to expand its LPG carrier fleet, placing an order for three very large gas carriers (VLGCs) in a deal worth around $342m. The owner …

Saudi drilling contractor ADES Holding has won a new contract in Nigeria for the jackup Shelf Drilling Victory, bolstering its position in one of West Africa’s most active offshore markets. …

The flock of black swans has landed – and the risk management models that shipping built its strategies around are no longer fit for purpose. That was the consensus from …

Italy’s Next Geosolutions (NextGeo) has secured an expansion of its work scope on the Bouri Gas Utilisation Project (BGUP) in North Africa, with the overall contract value now exceeding €70m …

Somali pirates have seized a small product tanker off Yemen, in the latest incident pointing to a renewed threat in one of the world’s most sensitive shipping corridors. Officials reported …

The United States military launched Project Freedom on Monday, deploying a vast array of naval and air assets to escort stranded commercial vessels out of the Persian Gulf through the …

The 2020s – the most disruptive decade for commercial shipping in many generations – have seen the average distance of global seaborne trade increase by 10% according to new data …

The International Maritime Organization’s Net Zero Framework has emerged battered but intact from a pivotal week of negotiations in London, with a majority of member states reaffirming it as the …

Ukraine has intensified its campaign against Russian energy export infrastructure, striking multiple shadow fleet tankers, a Baltic Sea oil terminal and a Russian naval vessel. In a series of strikes …

US offshore player Chouest Group has completed the acquisition of the Alliance business from compatriot Helix Energy Solutions, folding the unit into its recently formed Champagne Energy Solutions (CES). The …

Oslo-listed Hunter Group has appointed Erik Mathiesen as interim chief executive, stepping in as the company prepares for a strategic shift tied to the expiry of its current charter exposure. …

Euroseas has stepped up its investment in feeder tonnage, confirming four additional newbuild orders in China and lifting its orderbook to 10 vessels worth around $500m. The Aristides Pittas-led owner …

Ireland-based Ardmore Shipping has moved to refresh its fleet with an order for two product and chemical tankers, while keeping the door open for further expansion. The New York-listed owner …

Greek containership owner Costamare has confirmed a major newbuilding programme in China, tying up 16 vessels on long-term charters with COSCO Shipping in a deal that locks in $2.8bn of …

Following the most successful Geneva Dry to date, organisers are now focused on delivering the same topical, lively content and debate at the inaugural Splash Singapore, due to take place …