Denmark-based offshore wind vessel player Cadeler has taken early delivery of the newbuild jackup vessel and secured the units’ first long-term contract — a €210m ($245m) deal with turbine ...

Norwegian shipbuilder Vard has secured a contract to design and build two commissioning service operation vessels (CSOVs) for an unnamed international customer. The order is valued between €100m ...

Chennai-based Sanmar Group has taken its first step into the VLCC segment, acquiring the 321,000 dwt Maran Canopus from Greece’s Angelicoussis Shipping Group in a deal valued by brokers as ...

The European Union officially rolled out its 18th sanctions package today, overcoming opposition from Slovakia earlier in the week. The sanctions are aimed squarely at crippling Moscow’s revenue ...

VLGC owner and operator BW LPG has wrapped up two financing facilities totalling $595m, aimed at supporting its fleet expansion, refinancing existing debt, and boosting liquidity.

Irene Rosberg, programme director of the Blue MBA at Copenhagen Business School, writes for Splash. The map has changed, and it keeps changing. In maritime, this is no longer a cliché; it’s a ...

New figures released this week by the International Transport Workers’ Federation (ITF) reveal yet another disturbing surge in the abandonment of seafarers worldwide. Over 2,280 seafarers have ...

Oslo-listed seismic data specialist TGS has announced that it will be selling two of its vessels and stacking another due to challenging conditions in the market.

The Ust-Luga incidents are part of a growing list of maritime explosions involving tankers linked to Russian trade, including outside the Baltic. In recent months, explosions on the Seajewel and ...

New York-listed handysize gas carrier owner and operator Navigator Holding has formed a joint venture with Norway’s Amon Maritime for two newbuild ammonia-fuelled liquefied ammonia carriers.

The Malaysian state of Sabah has decided to acquire a 25% cent stake in Petronas’s $3.1bn FLNG facility set to be deployed in Sipitang, known as ZLNG. The acquisition will be conducted through ...

Yan Jun, the former president of Shanghai International Port Group (SIPG), has been sentenced to 12 years in prison and fined 2m yuan ($280,000) for accepting bribes of more than 36m yuan ($5m ...