Greeks will be surprised to see the latest maritime hub survey published by Chinese state-run newswire Xinhua and London-based, Singapore-owned Baltic Exchange, which places Ningbo Zhoushan, the world’s largest port, …
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Bauxite shipping out of West Africa, a fast-growing source of extra tonne-miles for the cape trades, faces headwinds with news from Guinea where the government is vowing to take greater …
Italian authorities have announced plans to establish offshore wind production hubs at the ports of Augusta and Taranto. The inter-ministerial decree, signed by the ministries of infrastructure and transport, economy, …
The Danish arm of Norwegian offshore vessel owner DOF has signed agreements to sell two anchor handlers to an undisclosed buyer. DOF said on Friday that it would be selling …
Offshore accommodation vessel specialist Floatel International has received a letter of intent for one of its units. The company said that the 2013-built Floatel Victory would provide maintenance and safety …
French-based engineering and technology company Technip Energies has been awarded a contract for work on an FLNG unit in Africa. The company said that the contract was for preliminary activities …
Jhonlin Marine Trans, the shipping arm of Indonesia’s sprawling Jhonlin Group, has quietly assembled an impressive trio of Japanese-built ultramax bulk carriers, signalling a growing ambition in the dry bulk …
As labour shortages continue to challenge the shipbuilding sector, South Korea’s HD Hyundai has doubled down on robotics innovation, announcing a strategic partnership with German cognitive robotics pioneer NEURA Robotics …
The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen’s Houthi rebels launching their first campaign against merchant shipping of the …
Canada’s busiest seaport, the port of Vancouver, has formally launched the bidding process for the Roberts Bank Terminal 2 Project, a long-anticipated expansion that will boost cargo capacity by 70%. …
The Philippine Department of Migrant Workers (DMW) confirmed on Thursday that three more Filipino seafarers from the attacked and sunken vessel Eternity C have been rescued in the Red Sea, …
In a bold leap beyond its traditional maritime roots, Mitsui OSK Lines (MOL) has announced plans to commercialise an offshore rocket launch and recovery vessel. The initiative, slated for commercialisation …
Global commodities powerhouse Trafigura has taken a strategic equity stake in a well-known vessel optimisation brand, ZeroNorth. The new partnership will see ZeroNorth’s platform deployed across Trafigura’s controlled fleet of …
Chinese bulker owner Fujian Highton Development is pressing ahead with its fleet expansion, earmarking $65m for fresh acquisitions in the secondhand market. The fast-growing Shanghai-listed company revealed in a stock …
Abu Dhabi’s Al Seer Marine has bolstered its capital structure, securing a $207m financing facility from Abu Dhabi Commercial Bank (ADCB) to support diversified fleet growth and strategic investments. The …
Irene Rosberg, programme director of the Blue MBA at Copenhagen Business School, writes for Splash today. Leadership in the maritime industry is being tested like never before. While ships navigate …
While the Red Sea has roared back to the front pages of the shipping press this week, and the Black Sea remains blighted by war, one other chokepoint that has …
China is slashing coal imports dramatically, forcing the world’s largest coal export port to contemplate a future beyond the black fossil fuel. This decline is largely driven, according to analysis …
The global shipping industry has been rocked by two deadly attacks this week in the Red Sea, with Yemen’s Houthi rebels launching their most violent maritime campaign since early 2024, …
Danish offshore wind developer Ørsted has secured TWD 90bn ($3bn) in financing for the 632MW Greater Changhua 2 wind farm off Taiwan. The financing deal was arranged with 25 banks …
Nasdaq-listed owner Toro Corp is selling one of its LPG carriers in an $18m deal involving affiliated parties. The Petros Panagiotidis-led spinoff of Cyprus-based Castor Maritime is offloading the 2015-buit …
Singapore-based floater owner and operator Yinson Production has announced a successful placement of $1.168bn in senior secured notes issued by Yinson Bergenia Production, the owner of the FPSO Maria Quitéria. …
Oslo-listed seismic data specialist TGS has won a contract for offshore wind site characterisation, including acquisition, imaging, and interpretation services offshore Norway. The vessel Ramform Vanguard will start acquisition in …
Commissioning service operation vessel (CSOV) owner Integrated Wind Solutions has secured the first contract for a newly delivered vessel. The contract was awarded to its subsidiary, IWS Fleet, and its …
Greek shipowner Evangelos Marinakis, through his Capital Group, has placed a fresh order for four LNG carriers with South Korea’s HD Hyundai Samho Heavy Industries. The deal, worth around $1.03bn, …
Four crew members died after a jackup barge owned by Saudi oil and gas driller ADES capsized on Tuesday evening, some 300 km south of the Suez Canal. Egyptian authorities …
Harris Antoniou-led Neptune Maritime Leasing has entered into a sale and leaseback facility for the seven-vessel platform supplier fleet of Oslo-listed OSV pure play Golden Energy Offshore Services (GEOS). Neptune …
The offshore drilling unit of Velesto Energy has won a contract from PTTEP for one of its jackup rigs to work offshore Malaysia. The contract was awarded by PTTEP HK …
Denmark-based Cadeler has received a notice of termination from compatriot utility Ørsted for a long-term agreement for one of its wind farm installation newbuilds. The newbuild was booked to install …
Taiwan’s TS Lines has bolstered its newbuilding programme through a new deal with a Chinese shipyard, Huangpu Wenchong Shipbuilding The intra-Asia focused carrier has commissioned five firm and five optional …
South Korean carrier HMM has submitted a letter of intent to expand its terminal in Algeciras, Spain. The plan, lodged with the Algeciras Port Authority, outlines an €150m ($177m) expansion …
Mitsui E&S has been selected for a subsidy from Japan’s New Energy and Industrial Technology Development Organization (NEDO) to accelerate development of a hydrogen refuelling system tailored for next-generation cargo …
Pierre Aury discusses all things nuclear shipping. The first wind-powered boats were sailing more than 5,000 years ago. Wind propulsion reached a golden age of sail in the mid-19th century, …
BHP has signed five-year charter contracts with COSCO Shipping Bulk for two ammonia dual-fuelled newcastlemax bulk carriers. The two 210,000 dwt vessels, expected to be delivered from 2028, will primarily …
Iranian logistics and shipping firm Nasim Bahr Kish has submitted a formal bid to acquire full ownership of Russia’s Astrakhan port, including a 25% stake currently held by the Russian …
The Royal Belgian Shipowners’ Association (KBRV) has announced a change in leadership, with Loïc Van Staey appointed as its new managing director. He succeeds Wilfried Lemmens, who held the position …
Denmark’s Norden has revealed new activity in the sale-and-purchase market with two transactions closed in the dry and wet segments, continuing a wave of disposals tied to its purchase-option strategy. …
Thomas Miller-controlled Condon Claims Management has acquired US-based Marine Claims Associates for an undisclosed price. The acquisition will take place effective immediately and the entire Marine Claims Associates’ team will …
One of the most famous names in French shipping has been sold to private equity. The Louis-Dreyfus family, shareholder of Louis Dreyfus Armateurs (LDA), has sold an 80% stake in …
Norwegian offshore services player Reach Subsea has secured several new deals and call-offs within the scope of existing frame agreements in the North Sea and European regions. The company said …
The UK Crown Estate, which manages King Charles’ public property, has reported an annual net profit of £1.15bn ($1.57bn), with most of it coming from the offshore wind farm leasing …
Gianluigi Aponte’s Mediterranean Shipping Co (MSC) is pressing ahead with megamax containership fleet expansion through a new shipbuilding deal in China. The Swiss-based liner giant has ordered up to six …
Chinese bulker owner and operator Jinhui Shipping and Transportation has struck sale and leaseback deals with compatriot financiers for two of its vessels, which will see the company free up …
Famous names in local shipping circles such as Caravel’s Angad Banga, SeaKapital’s Sabrina Chao, Bjorn Hojgaard from Anglo-Eastern, Valles Steamship’s Wellington Koo and Alan Tung from Island Navigation are board …
Starting today, it will be illegal for cargo ships to discharge toilet wastewater, sulphuric wash water, and scrubber sludge into Finnish coastal waters, marking a global first in maritime environmental …
China’s Winning Shipping is pushing ahead with its fleet expansion plans, seemingly unshaken by the Guinean government’s recent crackdown on foreign operators. The world’s largest bauxite carrier has just added …
Wolfgang Lehmacher and Mikael Lind discuss the recent launch of project44’s Movement platform. It is not every day that a supply chain technology heavyweight announces a new game. But that …
The handysize sale-and-purchase market roared to life in June, racking up the strongest sales tally of the year so far. More than 10 ships hanged hands last month, with four …
Norway’s Amon Maritime has set up a new company to order ammonia-fuelled bulk carriers backed by a state grant. Named Amon Bulk, the new venture will develop two vessel types …
Oslo-listed jackup rig player Shelf Drilling has landed a five-year contract extension with Saudi Aramco for its High Island V unit. The total added contract value is about $133m, the …
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