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MPCC has signed contracts for four 4,500-TEU container vessels with Chinese shipyard Taizhou Sanfu Ship Engineering, with deliveries scheduled from H2 2027. The total investment amounts to US$228M an
In its latest weekly report, Xclusiv Shipbrokers revealed just 76 bulk carrier contracts were signed in the first half of 2025, compared with 422 during the same period last year …
Rystad Energy forecasts that the Middle East will overtake Asia in natural gas production in 2025, becoming the world’s second largest producing region behind North America. This change is being …
The port operator is progressing plans to develop the Southern Terminal at its Outer Harbour amid a surge in demand from developers and construction contractors working on major onshore and …
Highlighting the adverse effect on the wind energy industry of executive orders pausing federal wind permits, and the recently passed One Big Beautiful Bill Act (OBBBA), which ends tax credits …
While the international community has failed to reach a consensus on rules and condemned unilateral action on deepsea mining, the Trump Administration is speeding ahead in its race to harvest …
Yang Ming has announced it will order three 8,000-TEU methanol dual-fue ready container ships from Nihon Shipyard Co and Imabari Shipbuilding Co. Combined with the three 8,000-TEU vessels it purchase
For Norway-headquartered Solstad, migrating its fleet to low Earth orbit (LEO) satellite communications through SpaceX’s Starlink, and the deploying Dipai’s software on its OSVs, is opening new opport
“This marks the first step toward a new logistics ecosystem in which customers no longer need to own or charter an entire vessel to move goods efficiently and emissions free …
A raft of new marine evacuation system (MES) solutions have recently entered the passenger ship market, with shortsea routes and smaller ferries helping to shape solutions. Liferaft Systems Australia
Sinarmas LDA Maritime (SLM) is extending its growing fleet of tugboats and barges with several launched in Malaysia and China. The Indonesian shipowner and logistics provider, with corporate links wi
The Strait of Hormuz remains the most critical chokepoint for global LNG flows. According to the Institute for Energy Economics and Financial Analysis (IEEFA), approximately 20% of global LNG trade …
On 24 July, the Baltic Capesize Index surged to its highest level of the year, with average daily spot rates climbing to US$31,429 – a rise of almost 14% from …
On 24 July, South Korean shipbuilder Hyundai Mipo disclosed a new contract for two 2,800-TEU container ships, valued at approximately US$114M. While the shipyard did not reveal the buyer’s identity …
OMV Petrom and NewMed Energy have signed a deal to charter a Noble drillship for a two-well campaign on the Han-Asparuh Block in the Black Sea offshore Bulgaria. Noble Globetrotter …
Navios Maritime Partners is deploying a software platform for fuel and emissions monitoring and reporting to comply with tightening environmental regulations. The Greek shipowner has selected ABS sof
According to Equasis, Peter Döhle is now listed as the owner of 2019-built, 81,780-dwt vessel Albina, previously known as SDTR Dora. Greek shipbrokers reported in late June that the Chinese-built …
Wenatchee returned to service on 18 July and will run in the evenings on the Seattle/Bainbridge route, before returning to full-time service in the next few weeks. Washington State Department …
Two documents published by the Department for Energy Security and Net Zero on 23 July 2025 set out new parameters for the upcoming Contracts for Difference (CfD) auction round, Allocation …
The three South American countries are at the centre of this century’s black gold rush: billions of barrels of oil equivalent of discovered recoverable resources generating billions of dollars of …
