Transpetro finalized the commercial negotiation phase with a consortium constituted by the Ecovix, in Rio Grande (RS), and McLaren, in Niterói (RJ) shipyards for acquisition of four 15 to 18 thousand DWT Handy Class ships, according to the company’s release. The...

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Owners plowed more than $188 billion into newbuilds in the first 11 months of the year, on course for the strongest pace in terms of both value and capacity since 2007, according to Clarkson Research Services Ltd, a unit of the world’s largest shipbroker, ET Infra...

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According to the General Authority for Statistics, chemical products led the non-oil export categories, accounting for 26.8 percent of the total, while plastics and rubber products followed, contributing 23.7 percent, Arab News reports. The rise in non-oil exports is...

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Estonia’s first biomethane-powered multipurpose workboat was officially laid down in a ceremonial keel-laying event, according to Estonian State Fleet’s release. This innovative ship, designed and built by Baltic Workboats Ltd, is set to launch in 2026. The...

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Saipem, a global leader in engineering services for the energy and infrastructure sectors, and AVEVA, a global leader in industrial software, have signed a Memorandum of Understanding (MoU) to co-develop enhanced solutions based on artificial intelligence (AI) and...

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COSCO SHIPPING Energy and China Merchants Energy Transportation are increasing their investments in China LNG Transportation (Holdings) Co., Ltd. (CLNG) to jointly build two of the world’s largest LNG carriers, each with a capacity of 271,000 cubic meters,...

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