News Flash

Containers: Market Questions Peak Season Scale As Consumer Sentiment Drops

Container freight market participants are looking with unease toward peak import season and beyond as booking inquiries for US imports...
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Iranian-Flagged Tanker In Greece Tugged To Piraeus Port

An Iranian-flagged tanker seized by Greece in April, part of whose cargo was confiscated by the United States, was being...
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Ukraine Requests Turkey Detain Russian-Flagged Ship It Says Carrying Ukrainian Grain

Ukraine has requested that Turkey detain and arrest the Russian-flagged cargo ship Zhibek Zholy carrying a cargo of Ukrainian grain...
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Maersk Tankers Helps Shipowners Keep Track Of Emissions

Shipowners are facing new regulations from 1 January 2023, requiring them to track and report vessel emissions. Together with shipowners...
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Electromagnetic Geoservices To Work For Oil Company In The Caribbean

Norwegian Electromagnetic Geoservices (EMGS) has secured a contract with an “international oil company” to deliver a survey in the Caribbean. Under the...
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Ocean Infinity Trials Remote Survey System For Armada Fleet

Marine robotics company Ocean Infinity has completed the first trial of its remote survey system, reaching an ‘important milestone’ in readiness...
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Marlink Group Begins New Era As Providence Equity Partners Closes Acquisition Of Majority Stake From Apax Partners

Providence’s investment aims to accelerate Marlink’s growth strategy to meet increasing customer demand for satellite connectivity with a focus on...
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Borr Needs More Time To Put In Place Financing Solution

Offshore drilling contractor Borr Drilling is still engaged in talks with creditors to find a financing solution, which will enable...
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RWE Commissions Its First Floating Solar Project

RWE, one of the world’s leading companies for renewable energy, has commissioned its first floating solar project – a 6.1MWp...
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Austal USA Wins U.S. Coast Guard Offshore Patrol Cutter Construction Contract Worth Up to $3.3 Billion

Australian shipbuilder Austal Limited has announced that Austal USA has been awarded a contract for the design and construction of...
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ECSA Welcomes Council’s Position On ETS ‘Polluter Pays’ Principle But Warns More Is Needed To Earmark Revenues

EU Environment Ministers adopted this week the Council position on the revision of the EU Emission Trading System (ETS) and...
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IACS Publishes EEXI Implementation Recommendations

The International Association of Classification Societies (IACS) has issued its recommendations to support consistent implementation of EEXI. The IACS guidance...
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Performance Shipping Inc. Announces New Loan Facility With Piraeus Bank S.A. To Finance Acquisition Of Sixth Aframax Tanker

Performance Shipping Inc., a global shipping company specializing in the ownership of tanker vessels, today announced that it has entered...
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Biden Administration’s Offshore Drilling Plan Could Bring Up To 11 Lease Sales

The Biden administration opened the door to selling new oil and gas drilling leases in the Gulf of Mexico and...
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ClassNK Releases Comprehensively Revised Structural Rules

Leading Classification Society ClassNK released a comprehensively revised version of Part C of its Rules and Guidance for the Survey...
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Port Of Rotterdam Authority Abandons Normal Amsterdam Water Level (NAP) After 200 Years

The Normal Amsterdam Water Level (NAP) has been used as the basis for Vessel Traffic Services in the port of...
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Halliburton Rig Gearing Up To Kick Off Kuwait’s First Offshore Drilling Campaign

Kuwait’s state-owned E&P company Kuwait Petroleum Corporation (KPC) has revealed that the country will be embarking on its first offshore...
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INPEX, IHI, MOL Demonstrate Clean Ammonia Supply Chain Linking UAE And Japan

INPEX CORPORATION (INPEX), IHI Corporation (IHI) and Mitsui O.S.K. Lines, Ltd. (MOL) announced they have executed the demonstration of a...
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Onshore & Offshore Deals In Middle East Bring Saipem $1.25 Billion

Italian oilfield services giant Saipem has been awarded multiple onshore extensions and new offshore contracts in the Middle East, totalling around...
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CMA CGM And ENGIE To Produce Biomethane Fuel For Shipping In France

Shipping line CMA CGM and energy group Engie plan to launch biomethane production in France in 2026 as they look to develop...
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