The world’s largest container carrier has a fleet of about 6.4m teu, commanding around 20% share of the global operated fleet. The company’s massive orderbook now stands at more than 130 ships ...

Teekay Tankers has confirmed deals worth $95.5m for three of its ageing vessels. The New York-listed firm has offloaded a pair of unnamed 2009-built suezmaxes and one 2006-built LR2, which should ...

A Russian Panama-flagged cargo ship carrying 3,000 tons of corn is sinking in the Sea of Azov after suffering a hull breach near the port of Azov in Russia’s Rostov region, according to local media.

The extension will begin in direct continuation of the rig’s current contract, extending the commitment until July 2026. The total added contract value is around $50m. Earlier this week, Shelf ...

Brazilian offshore driller Constellation Oil Services has announced its intention to list the company’s shares on Euronext Growth Oslo. The company currently has 1,519,918,308 outstanding shares ...

A spate of blasts recorded across the Mediterranean on tankers that have recently called at Russian ports has security analysts concerned about a new form of attack targeting merchant shipping.

Cargill’s Ocean Transportation business and product tanker giant Hafnia have joined forces to launch Seascale Energy, a joint venture, combining Cargill’s existing bunker business Pure Marine ...

European Union countries have agreed to impose a new raft of sanctions against Russia, including those targeting the so-called shadow fleet used to circumvent restrictions on oil and gas exports.

Norwegian offshore vessel owner Eidesvik has teamed up with compatriots Agalas and Reach Subsea for another construction support vessel (CSV) newbuild at the Sefine Shipyard in Turkey. The vessel ...

Five of the world’s leading shipbroking firms—Arrow, Gibson Shipbrokers, Howe Robinson, IFCHOR Galbraiths and SSY—have united to introduce Ocean Recap – a purpose-built recap and charter ...

“Through this collaboration, Sumitomo Corporation aims to contribute to the realization of a sustainable society by advancing the development of offshore wind power projects in Estonia ...

Under current and prospective policies from the International Maritime Organization, European Union, and the US, the business case for green shipping corridors could improve markedly – but not ...