Aker Solutions nets new deal in Norway with Vår Energi
Norway’s Aker Solutions has signed a contract for maintenance and modification services on Vår Energi’s Jotun, Balder, and Ringhorne assets...
ExxonMobil buys FPSO Liza Destiny from SBM Offshore
ExxonMobil Guyana, the local arm of US supermajor ExxonMobil, has acquired the FPSO Liza Destiny from Dutch floater expert SBM...
South Korea awards almost 1.9GW of offshore wind capacity
South Korea’s Ministry of Trade, Industry, and Energy has awarded nearly 1.9GW of offshore wind capacity across five projects in...
COSCO signs for 10 kamsarmax newbuilds
COSCO Shipping is pressing ahead with its massive newbuilding programme in the dry bulk segment. The Chinese state-owned shipping giant...
EnTrust strikes deal on cash offer for Belships
US asset management firm EnTrust Global is set to launch a voluntary cash tender offer to take over Norwegian bulker...
Castor offloads another boxship
Cyprus-based shipowner Castor Maritime has announced its second containership sale. The Nasdaq-listed company is offloading the 2005-built 2,700 teu Gabriela...
CSX hurricane repairs could take until September 2025
CSX in a filing listed September 2025 for completions of emergency repairs following hurricane damage to the former Clinchfield Railroad...
Toymaker talks bringing some manufacturing home
Viahart President Molson Hart spoke on the Bring it Home podcast with co-hosts Craig Fuller, founder and CEO of Firecrown...
Truck fuel economy improves, according to NACFE Fleet Fuel Study
The North American Council for Freight Efficiency’s recent fleet fuel study highlighted truck fuel economy gains of 7.77 mpg compared...
New legislation would require 10% of China imports to move on US ships
Shippers would have to move 10% of all seagoing Chinese imports on U.S.-flagged and -crewed vessels under the terms of...
