George Procopiou is pressing ahead with large crude carrier expansion, booking four VLCC newbuildings at China’s Hengli Shipyard in a deal valued at up to $600m. The latest order has been placed by ...

Donald Trump has reiterated his vow to “100%” place tariffs on European countries that oppose his demand to take control of Greenland, with liners on the north Atlantic trades already coming under ...

UK engineering group Wood has landed a two-year contract extension worth up to $65m (AUD 100m) with Woodside to continue delivering brownfield engineering, procurement, and construction management ...

Turkey’s Aygaz is making its first move into the very large gas carrier space, signing a $119m newbuilding contract with South Korea’s HD Hyundai Samho. The Istanbul-based LPG distributor said in a ...

Trying to disrupt the financial networks supporting the Iran-backed Houthi movement, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) on Friday designated 21 individuals and ...

Malaysian provider of subsea digital infrastructure solutions OMS Group has signed contracts with Norwegian shipbuilder and designer Ulstein for the design and construction of two cable laying vessels ...

Akastor-backed DDW Offshore has completed the sale of its anchor handler Skandi Atlantic, closing a deal worth $22.75m as the Norwegian owner continues to streamline its offshore fleet. The ...

South Korean flagship HMM has announced the signing of contracts with Avikus to implement AI-based autonomous navigation solutions. This initiative includes a memorandum of understanding (MOU) with HD ...

China has set yet another record for bauxite imports, cementing the aluminium raw material as one of the strongest dry bulk growth stories of recent years and a rare source of support for large bulk ...

The collision last week between the tankers Front Eagle and the Adalynn in the Strait of Hormuz is more than a tragic incident – it’s a stark warning to the maritime industry, says Yarden Gross, CEO ...

The podium among global boxports remains the same going into 2026, with the three top Asian hubs reporting swelling container traffic in 2025 despite the cloudier global trading conditions. Shanghai ...

Italian engineering giant Saipem has awarded oilfield services specialist EnerMech a subsea pre-commissioning services contract for the Whiptail development, some 210 km off Guyana’s capital ...