Kongsberg Maritime to deliver two new uncrewed vessels
Kongsberg Maritime has signed a contract with REACH Subsea ASA to design, build, and deliver two additional unmanned surface vessels (USVs), expanding the REACH...
Shipping News
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Liner price war looms as spot rates sink below breakeven
There are growing signs that a price war is breaking out in container shipping. Consultancy Linerlytica is already warning that operating margins have already d...
Exxon’s Guyana project moves forward as Modec begins FPSO EPCI work
Floater expert Modec has been cleared to begin the full EPCI scope to develop an FPSO vessel for ExxonMobil’s Hammerhead project in Guyana.In April 2025, Mode...
Consortium bags substation deal for 495MW offshore wind farm in Taiwan
The consortium between Denmark-based Semco Maritime and Vietnamese PTSC Mechanical & Construction has secured an EPC contract for the offshore substation of the...
Reefer fleet on thin ice as majority fail carbon intensity tests
The reefer sector has the worst Carbon Intensity Indicator (CII) ratings, while boxships currently enjoy having the most vessels within the safe A to C bands, a...
Fincantieri, TUI Cruises order two new LNG-powered ships
Fincantieri and TUI Cruises, a joint venture of TUI AG and Royal Caribbean, have signed a contract for two new cruise ships, replacing the March 2025 MoA with T...
Advantage Tankers firms fresh VLCC and suezmax orders in South Korea
Geneva-based Advantage Tankers has stepped up its move into the large tanker segment with fresh orders in South Korea, adding one very large crude carrier (VLCC...
Carsten Rehder inks $62m MPP order in India
German owner Carsten Rehder Schiffsmakler und Reederei has expanded its methanol-ready multipurpose newbuilding programme in India, contracting four firm units ...
Solstad secures DeepOcean CSV extension
Norwegian offshore vessel owner Solstad Maritime has landed a fresh contract extension with subsea services player DeepOcean for the construction support vessel...
Leadership change at United Heavy Lift as Bonnesen steps down
United Heavy Lift (UHL) will see managing director Lars Bonnesen step down at the end of 2025, following his decision to sell his shares to parent United Shippi...
Hecksher launches sustainable aviation fuel certificates for air freight
Hecksher has introduced Sustainable Aviation Fuel certificates (SAFc) as part of its broader sustainability strategy, giving companies a new way to reduce the c...
Klaipėda port advances green hydrogen production
Klaipėda Port’s green hydrogen project is progressing rapidly toward completion as a crucial milestone was achieved when the future hydrogen station’s ...