Every year, Maritime CEO reaches out to ask the industry for what they see as the big tech developments or breakthroughs we should anticipate. Answers are carried below As we …
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Maritime leaders must use a single voice to challenge roadblocks and spotlight opportunities in an operating landscape that is fraught with turmoil, writes Intent Communications CEO Namrata Nadkarni. The maritime …
Monaco-based product tanker owner Scorpio Tankers has locked in long-term cover for two LR2s while agreeing to sell three ships, a move set to boost its cash position by about …
Greek containership tonnage provider Costamare has expanded its newbuilding programme in China, adding four more 3,100 teu vessels to its growing series. The New York-listed owner, led by Konstantinos Konstantakopoulos, …
GMS, the world’s largest cash buyer of ships for recycling, has called on the European Commission to approve qualified Indian ship recycling yards for inclusion on the European List under …
India’s The Great Eastern Shipping has continued its steady fleet renewal drive, lining up another secondhand bulker as it reshapes its portfolio. The Mumbai-listed owner said it has contracted to …
Belgium’s Exmar has agreed to buy back the on of the VLGCs from its lessor, closing the loop on a sale-and-leaseback struck some five years ago. The Antwerp-based owner said …
Estonia’s Amisco is expanding its fleet with an order for two multipurpose dry cargo vessels in China. The Tallinn-based owner said it has contracted Jiangsu Dajin Heavy Industry to build …
A sanctioned Russian LNG tanker, Arctic Metagaz, has sunk in the central Mediterranean after suffering explosions and a subsequent fire, Libyan port authorities and Moscow said, though the cause remains …
The maritime war in the Middle East has entered a perilous new phase over the last 24 hours, with the conflict’s geographic footprint expanding significantly as tankers and containerships come …
The US Bureau of Ocean Energy Management (BOEM) has received zero bids for the “Big Beautiful Cook Inlet” oil and gas lease sale off Alaska. The auction ran from February …
NYK and JMU ink tanker build with first-of-its-kind actual-sea performance guarantee to cut fuel use
Shipping major Nippon Yusen Kaisha (NYK) and Japan Marine United (JMU) have signed a contract for a next‑generation crude oil tanker due for delivery this month that embeds a validated …
A new Japan-New Zealand Hydrogen Corridor consortium-formed by Mitsui OSK Lines, construction firm Obayashi, Kawasaki Heavy Industries and energy company Chiyoda-will study the commercial production of green hydrogen in New …
The European Commission yesterday adopted a EU Industrial Maritime Strategy and a Ports Strategy to drive competitiveness, sustainability, decarbonisation, security and resilience within the EU’s wider waterborne sector. The EU …
What will the shipping markets look like in the coming 12 months? Maritime CEO’s annual outlook for the Year of the Fire Horse – published today – consults hundreds of …
What will the shipping markets look like in the coming 12 months? Maritime CEO’s annual outlook for the Year of the Fire Horse consults hundreds of experts within the industry …
New York-listed Greek dry bulk owner Diana Shipping has fixed one of its panamax units on a fresh time charter, locking in a stronger rate as the ship rolls off …
Offshore engineering and services player Subsea7 has won a variation order from the Turkish Petroleum Offshore Technology Centre (TP-OTC) for the Sakarya field development in the Black Sea, offshore Turkey. …
Pelagic Credit has raised NOK558m ($58m) in a private placement, clearing the way for its planned listing in Oslo. The Cyprus-based shipping investor said it attracted orders from “high quality” …
China’s Nanjing Tanker has added three more vessels to its growing orderbook, signing up for a trio of stainless steel chemical tankers at a domestic shipyard. The Shanghai-listed owner, part …
Offshore wind vessel owner Edda Wind has entered into agreements for the potential sale of its entire fleet of service operation vessels (SOVs) and commissioning service operation vessels (CSOVs), including …
Swiss bulker owner Suisse-Atlantique is moving to expand its fleet, with brokers reporting a five-ship ultramax order in China. Market sources say the Andre family-led group has contracted five 63,500 …
London-based Zodiac Maritime is pressing ahead with its crude carrier renewal, adding five more tankers to its newbuilding programme in China and Vietnam. Shipbuilding sources said the Eyal Ofer-controlled owner …
John Evans, the current CEO of offshore engineering and services player Subsea7, will retire from his position on June 30, 2026. He will be succeeded from July 1 by Stuart …
MHB subsidiary, Malaysia Marine and Heavy Engineering, has secured a four-year contract from Thailand’s oil and gas firm PTTEP for work off Sarawak. The contract scope covers the engineering, procurement, …
VLCC and suezmax rates have hit unprecedented levels as tanker availability slumps after the weekend’s attack on Iran by the US and Israel. Tankers International reported Greek owner’s Minerva Marine’s, …
Hengli Heavy Industry has been a regular fixture among Splash headlines for the last few years, the northeastern Chinese yard amassing vast amounts of orders from blue chip owners since …
South Korean flagship HMM’s onshore union has vowed legal action and a potential general strike after major shareholders and the government moved to press ahead with plans to relocate the …
A Russian-controlled, sanctioned LNG carrier was set on fire in the central Mediterranean in a suspected kamikaze‑drone strike while transiting toward the Suez Canal, authorities and security firms said, though …
Punit Oza has a guide for shipping companies and managers on welfare, security, and human-centred leadership in a time of crisis. The ongoing conflict in the Middle East has cast …
Oslo-based United European Car Carriers (UECC) is expanding its fleet with an order for two more eco-friendly car carriers in China. The shortsea roro operator, jointly owned by Wallenius Lines …
Oslo-listed roro and logistics group Wallenius Wilhelmsen has renewed a shipping contract with a global automotive distributor, locking in an estimated net freight value of about $190m. The deal runs …
VLCC freight surged to extraordinary theoretical levels on Monday as the war between Iran and the US‑Israel coalition roiled shipping in the Persian Gulf, with some 3,200 vessels stuck in …
Norway’s Remøy Shipping has won new term contracts with Oslo-listed seismic data specialist TGS for two of its managed vessels. TGS hired the 2018-built Seacor Ohio and Seacor Yangtze platform …
The offshore drilling unit of Malaysia’s Velesto Energy has won a contract for one of its jackup rigs from compatriot Petronas Carigali. The Malaysian oil and gas company hired Velesto’s …
Diversified UK owner Union Maritime has been linked to its first newcastlemax bulker order, with brokers reporting a provisional deal in China for up to four 215,000 dwt vessels. Newbuilding …
Wolfgang Lehmacher tells readers about a hacking group called Diesel Vortex. A little-known cyber group dubbed Diesel Vortex shows how freight fraud is becoming a repeatable service. Researchers describe a …
A suezmax deal concluded last week already looks well-timed amid a rapidly shifting geopolitical backdrop. Two years ago, UAE-based VLKR Ship Management acquired the 156,000 dwt Karvounis (built 2013, Sumitomo), …
Swiss insurance giant Zurich is buying British rival Beazley for £8.1bn ($10.8bn), having had an earlier £7.7bn bid rebuffed. Beazley, which features a significant marine portfolio, will be delisted from …
Greek offshore contractor Asso.subsea has exercised an option at China Merchants Heavy Industry’s Shenzhen yard for the construction of a second next-generation trenching support vessel (TSV). The new vessel, to …
Nasdaq-listed Greek tanker owner Performance Shipping has signed contracts in China for two suezmaxes, expanding its presence in the crude segment. The Andreas Michalopoulos-led company has selected Shanghai Waigaoqiao Shipbuilding …
Hong Kong-listed LC Logistics has ordered two 11,000 teu containerships from China in a deal worth about $236m. The vessels will be built by Shanghai Waigaoqiao Shipbuilding in partnership with …
Malaysia’s MISC has increased its LNG newbuilding programme in China to five vessels after signing for two additional carriers at Hudong-Zhonghua Shipbuilding. The latest order covers a pair of 174,000 …
New York-listed Navigator Holdings has secured a $133.7m loan to finance two liquefied ethylene gas carriers under construction in China. The handysize LPG carrier specialist said subsidiaries Navigator Parsec and …
Brazilian offshore vessel owners OceanPact and CBO Group are set to combine their businesses in a move that will mark one of the most significant consolidation moves in Brazil’s offshore …
Bermuda-domiciled dry bulk operator C Transport Maritime has brought Japan’s Tokyo Century Corporation and Norway’s Barque onto its register as new shareholders. As part of the deal, both investors have …
Marcus Chew, founder and CEO of Singapore’s tender drilling rig specialist Energy Drilling, will step down from his role and will take on the position of executive chairman. Luc Plouzennec, …
Decommissioning specialist AF Offshore Decom has awarded a contract to Norway’s Boa Offshore for two float-on and load-in operations. The contract is for Ithaca Energy’s FSU Alba and the floating …
Dutch offshore vessel owner SeaMar has secured a new long-term contract with Eni Energy Netherlands B.V. for its diving support vessel SeaMar Splendid. The contract will start in March and …
Iran has reportedly hit an unnamed oil platform and a jackup rig located within the United Arab Emirates part of the Persian Gulf, increasing the number of targets in its …
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