Norwegian energy major Equinor has recorded a $995m impairment on its US offshore wind ventures, regardless of US president Donald Trump allowing the construction of the $5bn Empire Wind project ...

Contained in a factsheet handout from the White House is news that Japanese companies will invest in American commercial and defense shipbuilding, including new yards and modernisation of existing ...

French offshore vessel player Bourbon has inked a five-year contract with Eni for the renewal of its crewboat fleet with an order for six new vessels. The contract covers the charter of six new ...

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 ...

Niche Chinese liner Sea Legend Shipping is set to launch a direct container service between China and northern Europe via the Northern Sea Route (NSR).

French liner giant CMA CGM has teamed up with compatriot energy major TotalEnergies to form an LNG bunkering services joint venture at the port of Rotterdam. As part of the 50/50 JV, the two ...

Romanian oil and gas producer OMV Petrom and Israeli oil and gas firm NewMed Energy have hired a Noble drillship for two exploration wells in the Black Sea, offshore Bulgaria. The contract was ...

Shipping magnate John Fredriksen is officially cutting ties with the UK, listing his palatial Chelsea estate, The Old Rectory, for a reported $337m. The 81-year-old billionaire—formerly the UK ...

Ports are facing a deluge of cyber attacks from state-backed hackers, according to a new policy brief from NATO’s Cooperative Cyber Defence Centre of Excellence (CCDCOE). Handling 80% of world ...

The partnership will also see CTM serve as a pilot partner, helping the robotics firm bring its in-transit hull cleaning technology closer to commercial deployment.

The dry bulk S&P market has entered a new phase of momentum, with the kamsarmax segment leading a resurgent wave of transactions. A weeks-long release of pent-up capital, combined with bullish ...

West Africa now represents 14% of capesize liftings as compared to 6% three years ago, according to new data from Jefferies, an investment bank. The redrawing of the global cape trading map has ...