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CMA CGM names LNG-powered sistership as newest Asia-Europe flagship
CMA CGM has named its latest 24,000 TEU LNG-powered containership, the sistership of Notre Dame, ahead of deployment on the group's premier Asia-Europe route.
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.
Vantage Drilling exits Euronext Growth after Eldorado merger
Vantage Drilling has stopped trading on Euronext Growth after completing its business combination with Eldorado Drilling.
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.
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.
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.
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.
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.
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.
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.
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.
TotalEnergies hands Halliburton integrated drilling scope in Suriname
Halliburton has won integrated well construction contracts from TotalEnergies for the GranMorgu deepwater development offshore Suriname.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Mediterranean container volumes set to keep rising despite Hormuz disruption
Container traffic in the Mediterranean is growing and is forecast to keep rising through 2030, even as Strait of Hormuz volumes collapse and Suez use falls.
BW LPG unit sells 2007-built gas carrier for $64m
A BW LPG subsidiary has agreed to sell the 2007-built gas carrier BW Elm for continued trading, expecting net proceeds of around $64m.
Hormuz tanker transits slump as war insurers advise avoiding the strait
Commercial transits through the Strait of Hormuz have dropped sharply and war risk premiums have risen after renewed attacks on shipping in the waterway.
Turkish groups challenge revised environmental assessment for Aliaga ship recycling
Turkish civil society groups have urged rejection of a revised environmental assessment for the Aliaga ship recycling yards, citing gaps on pollution and worker safety.
bp exits Canada's Bay du Nord project, selling its stake to Equinor
bp has agreed to sell its non-operated interest in the deepwater Bay du Nord project off Newfoundland to operator Equinor as it simplifies its upstream portfolio.
China commissions its largest semi-submersible crane vessel
China has delivered its largest semi-submersible crane vessel by lifting capacity, a heavy-lift unit built to support offshore wind, bridges and deep-sea projects.
Hanwha Systems begins sea trials of 30-tonne AI-powered unmanned warship
Hanwha Systems has launched a 30-tonne unmanned surface vessel and begun sea trials as it pushes into the autonomous naval defence market.
Security in the Strait of Hormuz deteriorates after boxship attack
The security situation in the Strait of Hormuz has worsened after a container vessel was attacked and caught fire over the weekend, prompting a fresh round of strikes across the region.
Ukrainian drone strikes force a halt to shipping on the Sea of Azov
Russia has suspended shipping through the Sea of Azov after a wave of Ukrainian drone strikes on Russia-linked vessels over the course of a week.
Petrobras rises up the tanker rankings as Unipec's grip loosens
Brazil's Petrobras has emerged as one of the biggest gainers in the crude tanker market this year, climbing the charterer rankings as Unipec's dominance eased.
China Merchants Energy lines up 10 newbuildings across three segments
China Merchants Energy Shipping has laid out plans for 10 newbuildings across tankers, containerships and dry bulk as it continues a broad fleet renewal.
Thomas Miller shareholders back UK Club and TT Club takeover
UK P&I Club and TT Club have won strong shareholder support for their acquisition of Thomas Miller Holdings, with acceptances now above 89%.
Kongsberg Maritime buys Sweden's Berg Propulsion
Kongsberg Maritime has agreed to acquire Swedish propulsion specialist Berg Propulsion, widening its presence across commercial vessel types and deepening its aftermarket business.
Burns Harbor prepares to bring ocean boxes to Chicago's doorstep
An Indiana port near Chicago is preparing to open the region's first all-water container terminal, offering a Great Lakes route into North America's biggest intermodal market.
Chinese yard unveils radical concept for a floating nuclear port
A Chinese shipbuilder has unveiled a concept for a floating, nuclear-powered logistics hub that would combine a container terminal, power station and green-fuel plant far offshore.
Arabian Drilling restarts three offshore rigs after precautionary halt
Arabian Drilling has been cleared to resume three offshore rigs that were suspended earlier in the year as a precaution against regional tensions.
Norwegian offshore strike costing the industry more than $50m a week
A strike on the Norwegian Continental Shelf is costing the offshore industry more than $50m a week, with drilling suspended across a string of rigs and installations.
South Korea's 390MW Shinan-Wi offshore wind project starts construction
A 390MW offshore wind project in South Korea has entered construction after closing its financing, and will feature the country's first commercial offshore substation.
Swire to close New Zealand's Pacifica service and withdraw last flagged boxship
Swire Shipping will close its Pacifica coastal container service at the end of July, ending operations by the last New Zealand-flagged boxship in the domestic trade.
OneSubsea wins one of the largest umbilical awards for Indonesia's Kutei North Hub
OneSubsea has secured what it describes as one of the largest umbilical contracts ever placed, supplying a steel tube system for a deepwater field development offshore Indonesia.
Pertamina's shipping arm bets on a diversified fleet for global growth
Indonesia's state shipping company Pertamina International Shipping is prioritising a diversified fleet over any single segment as it pushes for a bigger international role.
Singapore holds top spot in shipping centre index for 13th year
Singapore has again been ranked the world's leading maritime centre, extending its run at the top to 13 consecutive years.
Panama arrests 26 Balboa port workers over cocaine trafficking
Panamanian authorities have arrested 26 workers at the port of Balboa, accused of turning Latin America's leading transshipment hub into a cocaine trafficking channel.
Salvors clear almost all cargo from wrecked MSC Baltic III
Work to remove the wrecked containership MSC Baltic III from the Newfoundland coast is nearing a milestone, with almost all cargo now cleared from the ship.
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