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In the latest update, Hyundai Mipo announced on 2 May it has secured a contract for two LPG carriers, valued at approximately US$150M in total. The shipyard stated the vessels …
According to shipbroker SSY, citing Brazilian customs data, China imported 11.10M tonnes of soya beans from Brazil in March, the highest monthly volume since April 2021 and the second-highest on …
Two 11-year-old DP2-class platform supply vessels (PSVs) were sold by SEACOR Marine to Abu Dhabi-based ADNOC Logistics & Services (ADNOC L&S). Closed at the end of April, the deal involves …
Norwegian owners invest Both traditional Norwegian offshore vessel players and startups have been some of the most aggressive in newbuild ordering. One ordering trend emerging is that Norwegian owner
On 20 January 2025, President Trump issued a memorandum that, among other things, indefinitely halted all federal approvals necessary for the development of offshore and onshore wind energy projects,
Vast networks of vital undersea power and telecommunications cables and energy infrastructure are vulnerable to sabotage and unconventional attacks, as shown by recent incidents in the Baltic Sea. One
The latest decisions taken at MEPC 83 were placed under close scrutiny by speakers from IPTA, Ardmore Shipping, and Lookout Maritime during a wide-ranging panel discussion at the International Chemica
Geopolitical tensions and malicious acts have increased the frequency and geographic spread of jamming and spoofing signals from the Global Navigational Satellite System (GNSS) to ships. Jamming can
Meanwhile, Chinese shipyards have seen a steep drop in order volume. According to Xclusiv Shipbrokers research analyst Eirini Diamantara, Greek shipowners placed orders for 34 vessels in the first fo
On 4 April 2025, Beijing announced export restrictions on seven critical rare earth elements – including dysprosium, terbium, samarium, and gadolinium – amid escalating trade tensions with the US. Acc
Engine failure led to a fire on a 2009-built towing vessel on the Tennessee River, USA, in January 2024 and caused US$3M in damage. Accident investigators discovered there was too …
Shipping data platforms indicate the company has acquired 2012-built, 9,500-m³ LPG carrier Lubersac, which has since been renamed BWEK Madagascar. The sale was reported this week by Greek shipbrokers,
Audra Drabloes (Inmarsat Maritime): “What we wanted to achieve was this vision of the floating office” (source: Riviera) Audra Drabloes (Inmarsat Maritime): “What we wanted to achieve was this vision
Norwegian owners invest Both traditional Norwegian offshore vessel players and startups have been some of the most aggressive in newbuild ordering. One ordering trend emerging is that Norwegian owner
When OLT Offshore launched its new capacity allocation procedure for the Toscana FSRU in April 2025, it highlighted a broader development: floating LNG infrastructure is evolving in technical sophisti
A key driver of recent activity has been Teekay Tankers’ decision to divest older vessels. Greek players such as George Prokopiou-led Dynacom Tankers and Marios Gialozoglou’s IMS SA have seized …
Subsea Integration Alliance (SIA) has secured contracts under its global framework agreement with the British energy major, BP, covering the subsea hardware and services for the Ginger gas project. U
Amazon has started building a constellation of low Earth orbit (LEO) satellites for low-latency connectivity to rival other existing networks. United Launch Alliance (ULA) launched the first 27 satel
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It has been a slow start to 2025 for the platform supply vessel (PSV) market in the Norwegian sector of the North Sea, marked by high availability, limited opportunities and …
