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According to domestic media reports in late May, Asyad Shipping chief commercial officer Imad Al Khaduri stated the company plans to invest between US$2.3Bn and US$2.7Bn in fleet growth. Asyad …
Three-tank LNG carrier design KR also signed an MoU with Samsung Heavy Industries (SHI) on June 4 at Nor-Shipping 2025 in Oslo to jointly develop a 174,000-m3 LNG carrier featuring …
Vigor Marine Seattle has completed its Wenatchee hybrid-electric conversion project, marking a major milestone in its effort to modernise its ageing fleet and reduce carbon emissions. Wenatchee, one
The expanded facilities at the Scottish port are forecast to attract projects with the potential to support up to 1,500 jobs once the port is fully developed. The investment forms …
The funding round was led by new investors Activate Capital and S2G, with participation from Carbon Equity and Overlap Holdings, and existing investors Lightrock, Blume Equity, Metaplanet, Change Vent
Faced with unprecedented levels of disruption and uncertainty caused by global trade wars, tariffs and Trump Administration policies, shipping must be resilient, but will face increasing inefficiencie
Two vessels built to support commissioning, operations and maintenance for remote large-scale offshore windfarms are the first in the world to hold class notations for cyber resilience. North Star’s
The 488-MW EMYN project, which has started supplying green electricity to the French grid, remains on track to be fully operational by the end of 2025. Ocean Winds country manager …
The Michalis Kourtesis-led company has purchased 2009-built, 20,550-m³ LPG carrier Navigator Gemini. According to shipbroker reports, the deal was concluded at just under US$32M. This marks Seahawk G
UK-based offshore shipowner Bibby Marine has won the Next Generation Ship Award and Spain’s maritime technology group bound4blue has won the Ocean Solutions Award at Norway’s largest shipping trade sh
Paradoxically, major shipping companies are receiving up to 20,000 applications for just 500 cadet positions annually, yet struggle with severe retention issues that undermine workforce planning. The
In an announcement on 28 May, the NYSE-listed shipowner disclosed that both parties have signed an agreement and plan of merger for a stock-for-stock transaction. Subject to the timely fulfilment …
A new VLEC design set to be developed under a partnership between South Korean classification society Korean Register and South Korean shipyard HD HHI will have a cargo capacity exceeding …
“This new order represents another important milestone in our long-standing relationship with Sanmar, which has proven to be a reliable and forward-looking partner over the years,” said H Schramm Towa
Sea1 Offshore ordered four 120-m offshore construction vessels (OCVs) from Chinese shipbuilder Cosco Nantong with battery-hybrid propulsion and integrated automation and bridge systems. Kongsberg Mar
Höegh Autoliners has agreed to ’upcycle’ some of its vessels at the end of their lives in a Norwegian government-backed deal that participants hope will make both ship recycling and …
The company disclosed on 3 June that it has placed an order at Hyundai Heavy Industries for a 180,000-m³ LNG carrier, scheduled for delivery in Q4 2027. Purus noted the …
With nearly one in 30 of Scotland’s working population currently employed in or supporting the offshore energy industry, compared with a UK-wide figure of approximately one in 220, the potential …
Christian Paolini has been appointed as managing director and sales director of Rolls-Royce subsidiary Team Italia Marine, which provides bridge systems and automation to vessels in the leisure sector
As highlighted by OWJ, in March 2025, Japan’s cabinet approved a bill amendment to allow offshore wind projects to be built in the country’s EEZ, prior to the legislation moving …
