Ningbo Ocean Shipping Co (NBOSCO) has set out to further expand its containership fleet with an investment in four 4,300 teu newbuildings. The Shanghai-listed subsidiary of Ningbo-Zhoushan Port ...

Poland is removing a stranded Russian product tanker and sending it for demolition in Denmark The 1987-built, 23,000 dwt Khatanga has been stranded in the Port of Gdynia for nearly eight years. It ...

Swiss-based offshore geotechnical data acquisition specialist Geoquip Marine has extended the charter agreement for the 2017-built geotechnical survey vessel Dina Polaris from Myklebusthaug. Under ...

UK-based energy company Energean has temporarily suspended production activities on its FPSO located offshore Israel due to the escalation of conflicts with Iran. On Friday, Israel launched ...

French developer Valorem has joined the Astenn Avel consortium, formed by Elicio and Q Energy. The three partners will jointly apply to the AO9 tender for the extension of the floating wind farm ...

All 23 crewmembers aboard the Panama-flagged bulk carrier Run Fun 3 have been rescued after abandoning their sinking ship in the Indian Ocean. The 172-m-long ship, built in 1997, departed ...

A rare and urgent joint advisory issued by United Kingdom Maritime Trade Operations, Maritime Security Centre – Horn of Africa, and Joint Maritime Information Centre has set alarm bells ringing ...

Copenhagen-headquartered offshore wind installation player Cadeler has secured €675m ($770m) in financing for two newbuilds from a syndicate of international banks. The loans cover the financing ...

The huge swings in containership deployment brought about by Donald Trump’s on/off trade war has seen rates rocket and congestion grow in recent weeks, however, unlike another great disruptor of ...

Brazilian state-owned oil and gas company Petrobras has launched two tenders for an offshore wind pilot project off the coast of Rio de Janeiro state. One tender is for the acquisition and ...

The global shipbuilding industry is currently experiencing a significant downturn in newbuilding orders, primarily due to regulatory uncertainties and geopolitical tensions. This decline is ...

German shipping and logistics group CLI has contracted a multipurpose (MPP) newbuilding at Dutch yard Royal Bodewes. The deal with an undisclosed value covers an 8,500 dwt unit that has been ...