New York’s Public Service Commission has stopped the project that would bring offshore wind power to New York City. Gas and electric utility customers would pay for the costs of the transmission lines ...

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 ...

The US and Japan struck a new trade pact yesterday, cutting US tariffs on Japanese vehicles from 25% to 15%. In return, Japan pledged $550bn in US investments and a major goods purchase program ...

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 ...

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 ...

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 ...

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 ...

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).

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 ...

Willem Vermaat, shipping director at Heidelberg Materials Trading, shares his perspective on the intricacies of dry bulk shipping. What is the challenge in calculating freight? It’s not rocket ...

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 ...