ConocoPhillips sanctions $1.8bn redevelopment project off Norway
US major ConocoPhillips has greenlit the $1.8bn a new project on the Greater Ekofisk Area in the Norwegian sector of the North Sea, some 300 km from Stavanger.T...
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Vietnam’s Truong Hai steps up boxship ambitions with orders in China
Vietnamese logistics player Truong Hai Group is moving up a gear in container shipping, ordering a pair of bangkokmax vessels that will be the largest ships in ...
Why shipping isn’t panicking over swollen orderbooks
Traditionally in shipping, alarm bells tend to ring for investors when the orderbook-to-fleet ratio of a sector goes above 30%. For certain segments today, nota...
Swedish navy flags armed guards aboard Russian shadow tankers
Sweden’s navy has confirmed that Russia is mounting a military-style operation in the Baltic Sea to protect its sanctioned shadow fleet, with uniformed and po...
Smartflux joins DCSA+ to advance digital container logistics
The Digital Container Shipping Association (DCSA) has welcomed Smartflux S.A., the region’s first fully digital electronic delivery order (EDO) platform, to i...
Trump moves to choke Venezuelan oil shipping with ‘total and complete’ tanker blockade
In a major escalation of maritime pressure on Caracas, US president Donald Trump has ordered “a total and complete blockade of all sanctioned oil tankers ...
Krey Schiffahrt taps Inmarsat NexusWave for new vessels
Krey Schiffahrt will deploy Inmarsat Maritime’s NexusWave on its four newbuild heavy lift vessels. The service will provide unlimited, high-speed connectivity...
Rhenus Türkiye secures IATA Dangerous Goods Certification
Rhenus Türkiye has obtained IATA certification for handling Dangerous Goods in air transport. The approval authorises the company to manage all nine hazard cla...
Kongsberg expands UUC PM Azimuth Thruster range
Kongsberg Maritime has expanded its UUC PM azimuth thruster range. The new models deliver higher efficiency, reliability, and performance for offshore and marin...
Fincantieri agrees extension of loan maturity for Virgin Cruises vessel
Fincantieri has agreed to extend the maturity of a collateralized loan granted to VC Ship Four Ltd, a subsidiary of Virgin Cruises Intermediate Ltd, in connecti...
Carriers look to higher rates, fewer sailings on key Asia-US route
Deep in the heart of the slow shipping season and as they prepare for New Year contract negotiations, ocean container carriers have yet to find a good way to re...
MPC Container Ships places order for six new container vessels
MPC Container Ships ASA (MPCC) has ordered six new container vessels as part of a broader fleet expansion and balance sheet optimization strategy, the company a...