“Clearly, this is a market which has undergone extreme consolidation. But it has also been a 25-year journey, where the incumbents have clearly been better at adapting and growing in the market ...

China’s Jiangsu Qinfeng Shipbuilding has secured orders from Jiangsu Lvhang Logistics for up to six containerships. The deal, with an undisclosed value covers one firm and five optional 1,138 ...

UK-based shipping asset manager Borealis Maritime has sold four of its platform supply vessels. The Christoph Toepfer-led company is shipping out the 2013-built 3,500 dwt Aurora Pearl, Aurora ...

Once the transaction is completed, the company will change its name to SED Energy Holdings and be listed on the stock exchange. Shareholders of Energy Drilling will own about 89% of the new ...

COSCO Shipping Specialized Carriers has more than 150 ships of various types, including about 20 heavylift semisubs. In 2023, the company formed a joint venture with Guangzhou Salvage that manages ...

Semisub rig owner Dolphin Drilling has appointed Jon Oliver Bryce permanent chief executive officer. Bryce stepped up from chief strategy officer to take over from Bjørnar Iversen on an interim ...

Rates are in line with the current market and are expected to generate around $380m over the contract period. Earlier this week, the company, which operates more than 120 car carriers on 15 trade ...

The International Chamber of Shipping (ICS) and the Comité Maritime International (CMI) have recently launched an updated campaign to get governments to ratify urgent maritime treaties.

Bulgaria has proposed to establish and host a multinational maritime coordination centre aimed at ensuring the safety of shipping in the western part of the Black Sea . The proposal was made by ...

In addition to equipment provision, Aquaterra Energy will also deliver ongoing offshore engineering support throughout the project. The well access solution has been specifically engineered for ...

The tide has turned for bunker sales and prices, an indication that global seaborne trade is on shakier ground this year. “Bunker prices tell the tale of a softening market,” broker BRS ...

“Our economy depends on heritage tourism. If people stop coming to Nantucket, that hurts our small businesses, our workers, and our community,” added Matt Fee, vice chair of the select board. ...