News

Indian owner Great Eastern Shipping is pressing ahead with its fleet renewal initiative, having contracted to buy a 2015-built kamsarmax bulk carrier. The unnamed 81,843 dwt vessel is expected to ...
Malaysia has introduced new regulations to combat illegal ship-to-ship (STS) oil transfers in its territorial waters, a move that could disrupt operations of the so-called shadow tanker fleet ...
Greek dry bulk owner Diana Shipping has increased its stake in US-listed peer Genco Shipping & Trading. Filing with the US Securities and Exchange Commission shows the Semiramis Paliou-led Diana ...
Cyprus-based bulker and boxship owner Castor Maritime has completed a sale and leaseback transaction with a Japanese counterparty for one of its kamsarmaxes. The Nasdaq-listed company has struck a ...
The outlook for the second half of 2025 in the global container shipping market is shaping up to be a disappointing one, with weak demand, overcapacity, and trade policy turbulence leading liners ...
In its most expansive sanctions package against Iran in nearly seven years, the US Treasury has imposed sweeping measures on over 100 individuals, companies, and vessels linked to Iranian maritime ...
Fugro has secured multiple survey contracts in the United Arab Emirates tied to two of the region’s largest field development programmes. The work, starting this August, covers both offshore and ...
France’s Nexans has partnered with US-based Crowley Wind Services to develop and operate the first Jones Act-compliant cable lay barge, tailored for offshore wind, telecom, and subsea industrial ...
The largest onshore and offshore drilling company in Saudi Arabia by fleet size, Arabian Drilling, has won its first-ever contract for offshore work outside its home country.
The global shipping industry was rocked by two deadly attacks in the Red Sea, with Yemen’s Houthi rebels launching their first campaign against merchant shipping of the year, sinking two bulk ...
Norwegian offshore vessel owner Solstad has won a contract for one of its construction support vessels. Solstad Maritime said that it won a contract for the 2002-built Normand Mermaid CSV from ...
Tanker owners wait to see what Donald does next July 30, 2025 ...