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Maritime, in motion

Offshore wind turbines in the sea
Industry

Aker Solutions units join 1.8GW Scottish floating wind project

Two Aker Solutions businesses have been contracted to carry out electrical infrastructure studies for the proposed 1.8GW Bellrock floating wind farm off Scotland.

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Offshore jackup drilling rigs at sea
Industry

ADES lands jackup contracts in Nigeria and the UK

Saudi offshore driller ADES has won contracts for two of its jackup rigs, including a Nigerian deal valued at around $100m.

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Self-elevating offshore support vessel
Industry

Gulf Marine Services wins four-year Brazil accommodation charter

UAE-based Gulf Marine Services has secured a four-year charter for one of its self-elevating accommodation units to work offshore Brazil.

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Offshore production platform at sea
Industry

Suriname FPSO project to trial kite-assisted towing

A joint venture of offshore heavyweights has agreed to assess kite-based wind-assisted towing for a floating production vessel destined for Suriname's deepwater development.

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Cargo ships at sea under a cloudy sky
Industry

Screening flags FuelEU deficit risk for four in ten ships

More than 40% of almost 9,000 ships assessed by a European climate consultancy fell into categories linked to potential FuelEU Maritime deficits after the regulation's first reporting year.

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Large crude oil tanker at sea
Industry

JP Morgan named as owner behind Hanwha VLCC pair

A pair of very large crude carriers ordered at Hanwha Ocean has been linked to JP Morgan's maritime investment platform, extending the bank's growing tanker programme.

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Container ship sailing through open water
Industry

Chinese line prepares weekly Arctic container service

A Chinese operator is lining up a weekly container service along the Arctic route between China and northern Europe, moving the corridor beyond one-off demonstration voyages.

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Container ship newbuilding at a Chinese yard
Industry

Minerva steps up in containers with four boxship order in China

Greek owner Minerva Dry has ordered four mid-sized containerships in China, a step up in size that pushes its investment in the sector towards $1bn.

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Offshore wind turbines at sunset
Industry

Brussels clears $72bn French offshore wind support scheme

The European Commission has approved a major French state support scheme for offshore wind, clearing the path for a large build-out across three seas.

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Crew transfer vessel alongside an offshore wind turbine
Industry

Windcat lands long-term crew transfer deal with Orsted

Workboat operator Windcat has signed long-term charters to supply crew transfer vessels to Orsted's UK offshore wind operations.

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Offshore wellhead platform at sea
Industry

Unity breaks into Asia with Malaysian well intervention deal

Well-integrity and decommissioning specialist Unity has entered the Asia-Pacific market with a three-well rigless intervention contract in Malaysia.

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Bulk carrier at sea
Industry

KC Maritime returns to China for ultramax pair

Hong Kong bulker owner KC Maritime has ordered a pair of ultramax bulk carriers in China, its first newbuilding move in some years.

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Offshore oil and gas platform in the North Sea
Industry

Norway's offshore service strike comes to an end

A month-long strike across Norway's offshore oil service sector has been settled, with the two sides agreeing to put the pay dispute before an independent board.

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Stacks of shipping containers at a yard
Industry

South Korea opens antitrust probe into container makers

South Korea's competition authority has launched an investigation into the leading manufacturers of shipping containers, echoing scrutiny already under way in the United States.

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Shipyard with vessels under construction
Industry

Tata plans $1bn shipbuilding push in southern India

India's Tata group is lining up a major investment in a new shipyard in Kerala as the country looks to build a serious commercial shipbuilding base.

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Floating storage and regasification unit at a jetty
Product

Wartsila lands regasification technology scope for new FSRU

Wartsila has been picked to provide the regasification system for a floating storage and regasification unit, adding to its work on import infrastructure.

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Large container ship transiting a canal
Industry

Maersk brings a West Africa service back through the Red Sea

Maersk is restoring a West Africa service to the Red Sea and Suez, one of the first moves back to the waterway after an extended period of avoidance.

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Amphibious assault ship at sea
Industry

UK yard group pitches to build Anglo-Dutch amphibious ships

A UK design and build group is making its case to construct part of the amphibious transport programme being pursued jointly by Britain and the Netherlands.

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Small container feeder ship at sea
Industry

Class society targets ageing feeder fleet with retrofit drive

A leading classification society is pushing a programme to modernise the world's ageing fleet of container feeders through targeted retrofits.

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Multipurpose cargo vessel under construction at a shipyard
Product

Berg Propulsion lands propulsion package for six-ship series in China

Berg Propulsion has won the contract to equip a series of multipurpose vessels being built in China for a European owner.

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Floating LNG production vessel offshore
Industry

Court clears path for Delfin's floating LNG project off Louisiana

A US appeals court has dismissed a legal challenge to Delfin's offshore liquefied natural gas project, removing a hurdle ahead of a final investment decision.

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Cargo ship at anchor flying a national flag
Industry

Sierra Leone flag closes in on Paris MoU White List

The Sierra Leone register is on the cusp of promotion to the Paris Memorandum's White List after a run of inspections produced a low detention rate.

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LNG carrier at a loading terminal
Sanctions

EU still absorbing bulk of Russian Arctic LNG despite phase-out push

Trade-flow data shows Europe took the overwhelming share of Russian Arctic liquefied natural gas in the first six months of the year, even as the bloc works towards ending those imports.

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Large vessel alongside in a harbour
Industry

Fincantieri signs Croatian shipyard deals for corvette bid

Fincantieri has signed cooperation agreements with two Croatian shipyards to strengthen its bid for the country's planned acquisition of two multi-role corvettes.

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Offshore drilling rig at sea in foggy conditions
Industry

Vantage Drilling exits Euronext Growth after Eldorado merger

Vantage Drilling has stopped trading on Euronext Growth after completing its business combination with Eldorado Drilling.

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Large cargo ship under way at sea
Industry

World's top 40 ship lenders push portfolios back above $300bn

The world's 40 largest ship-finance banks grew their combined loan books by 6% to over $300bn at the end of 2025.

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Red and white icebreaker cutting through sea ice
Industry

South Korea sends its icebreaker Araon on an 83-day Arctic mission

South Korea has deployed its only icebreaking research vessel, Araon, on an 83-day Arctic expedition to collect data for safer future navigation.

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Large naval support vessel alongside at a dock
Industry

UK and Netherlands to build eight amphibious ships in £2.4bn programme

The UK and the Netherlands have confirmed a joint £2.4bn programme to build eight amphibious transport ships, four for each navy, using Dutch naval design.

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Large ship at a fitting-out quay near cranes
Industry

South Korea's big three shipbuilders pass $30bn in first-half orders

South Korea's three largest shipbuilders have booked more than $30bn in orders in the first half of the year, pointing to a shipbuilding super-cycle.

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Chemical tanker under way at sea
Incident

Chemical tanker Stolt Magnesium hit by explosion off Oman

The chemical tanker Stolt Magnesium caught fire after an explosion while sailing in the Arabian Sea off Oman, with all seafarers reported safe.

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Offshore support vessel working near a platform at sea
Industry

Boskalis repurposes mining ship into its largest rock-installation vessel

Boskalis has commissioned the Windpiper, described as the largest subsea rock-installation vessel, converted from an unfinished deep-sea mining ship.

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Bulk cargo ship under way at sea
Industry

Diana extends its tender offer in Genco takeover push

Diana Shipping has extended its tender offer for Genco Shipping & Trading to late July, keeping its takeover push alive after a modest increase in shareholder support.

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Large bulk cargo ship at sea
Vessel sales

Greek owner books a $7m profit on ultramax sale to Meghna

Low-profile Greek interests are set to bank nearly $7m in profit from selling a six-year-old ultramax bulker to Bangladesh's Meghna Group.

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Cargo ship at sea under a cloudy sky
Incident

Five seafarers killed in Black Sea port strike

Five seafarers have been killed and 12 injured after a strike on a merchant ship working cargo at a port in Ukraine's Odesa region, one of the deadliest single strikes on commercial shipping of the war.

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A group of offshore oil rigs at sea
Industry

TotalEnergies hands Halliburton integrated drilling scope in Suriname

Halliburton has won integrated well construction contracts from TotalEnergies for the GranMorgu deepwater development offshore Suriname.

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Crane on an offshore platform over calm water
Industry

SLB OneSubsea wins Eni subsea contract offshore Ivory Coast

OneSubsea has won a major engineering and construction contract from Eni for the deepwater Baleine development offshore the Ivory Coast.

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Offshore rig under tow by support vessels
Industry

DOF adds a four-year backlog with new AHTS award

Norwegian offshore owner DOF has received a letter of award for a four-year anchor-handler contract using the Skandi Hera.

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Tanker vessel under way at sea
Industry

Andriaki breaks its newbuilding silence with an LR1 pair

Greek tanker owner Andriaki Shipping has been linked to two LR1 tanker newbuildings in China, its first such order in roughly a decade.

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Large carrier vessel under way at sea
Industry

Ciner takes its ammonia carrier investment past $1bn

Turkish conglomerate Ciner has ordered three more very large ammonia carriers in South Korea, taking its investment in the segment past $1bn.

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Industrial workers on scaffolding at an energy facility
Industry

Kent lands new framework agreements with Saudi Aramco

Energy services group Kent has signed a fresh set of long-term agreements with Aramco, strengthening its position in Saudi Arabia's oil and gas services market.

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Heavy-lift offshore construction vessel transporting a structure
Industry

Brussels prepares full antitrust probe into Saipem-Subsea7 merger

The European Commission is expected to open an in-depth antitrust investigation into the proposed merger of offshore services groups Saipem and Subsea7.

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Service vessel working at an offshore wind farm
Industry

Van Oord and Sumitomo sign HVDC subsea cable deal for Scottish grid

Van Oord and Sumitomo Electric have signed a long-term framework deal to supply and install HVDC subsea cable systems for Scotland's transmission network.

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Container ship carrying boxes for export at sea
Industry

Hapag-Lloyd to raise North Europe-US rates by up to $800 from August

Hapag-Lloyd will raise freight rates on shipments from Northern Europe to the United States by up to $800 per box from August.

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Busy container terminal seen from above
Port activity

Saudi Arabia's Mawani adds a Maersk service to Jeddah Islamic Port

Saudi Arabia's ports authority has added a Maersk service to Jeddah Islamic Port, strengthening the Red Sea hub's connections to the US, Morocco, Oman and India.

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Offshore drilling rig and platform at sea
Industry

Egypt inspects deepwater drillship as it expands Mediterranean gas search

Egypt's petroleum minister has inspected the deepwater drillship Stena IceMax as the country pushes to expand natural gas exploration in the Mediterranean.

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Naval corvette with a helicopter at sea
Industry

Indian Navy plans a near 1 lakh crore indigenous warship programme

The Indian Navy is preparing three major indigenous warship programmes worth close to 1 lakh crore rupees, among its largest investments in naval modernisation.

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Naval warship docked at a port during sunset
Industry

Philippines confirms deal to acquire five Japanese Abukuma-class escorts

The Philippines has agreed to acquire five soon-to-be-retired Abukuma-class destroyer escorts from Japan, boosting its navy while new warships are built.

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Offshore support vessel bridge and equipment at sea
Industry

Ageing Southeast Asian OSV fleet points to a wave of newbuilding

Southeast Asia's ageing fleet of offshore support vessels, combined with rising demand, points to a tightening market and the likely need for new tonnage.

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