News yesterday that Danish carrier Maersk is taking its first structural step back into the Red Sea has analysts voicing… ...

Turkey’s Aygaz is making its first move into the very large gas carrier space, signing a $119m newbuilding contract with South Korea’s HD Hyundai Samho. The Istanbul-based LPG distributor said in a ...

Malaysian offshore services company Vantris Energy, formerly known as Sapura Energy, has divested its 40% interest in L&T-Sapura Shipping, the owner and operator of the LTS 3000 heavylift and pipelay ...

Italian engineering giant Saipem has awarded oilfield services specialist EnerMech a subsea pre-commissioning services contract for the Whiptail development, some 210 km off Guyana’s capital ...

Akastor-backed DDW Offshore has completed the sale of its anchor handler Skandi Atlantic, closing a deal worth $22.75m as the Norwegian owner continues to streamline its offshore fleet. The ...

A takeover tussle is brewing in the US-listed dry bulk space after Genco Shipping & Trading formally rejected a cash buyout approach from Greek peer Diana Shipping, setting the stage for a public war ...

US oil and gas supermajor Chevron and its partners in the Leviathan project have reached a final investment decision (FID) to expand the production capacity of the Leviathan production platform off ...

China’s COSCO Shipping Bulk has moved to blur the traditional lines between dry bulk and liner shipping, ordering a series of container-capable newcastlemax bulk carriers in a deal that underlines how ...

Container operations at Europe’s largest port, Rotterdam, have come to a standstill as lashers began a 48-hour strike on Wednesday afternoon to demand higher wages, while harbour pilots’ protests in ...

Niche Chinese liner Sea Legend Shipping is set to launch a direct container service between China and northern Europe via the Northern Sea Route (NSR). The new seasonal service, expected to begin in ...

Norwegian offshore seismic vessel player Shearwater Geoservices is preparing to send out one of its vessels for a new multi-client seismic project offshore Nigeria. According to the company, the 3D ...

US forces seized the VLCC Skipper off Venezuela as the battle between Washington and Caracas intensified with the Trump administration suggesting other vessels could be hijacked, too. China’s ...