Esvagt–KMC venture lines up CTV build backed by Vestas deal in South Korea
KESTO, the offshore wind joint venture between Denmark’s Esvagt and South Korean shipping company KMC Line, has secured its first contracts, signing a long-te...
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Floatel firms up vessel deal in Brazil
Oslo’s Floatel has firmed up Floatel Victory for another Brazil maintenance and safety unit (MSU) run with Brava Energia, extending the flotel’s South Ameri...
Wärtsilä posts record operating result and cash flow in 2025
Wärtsilä reported an all-time high operating result and cash flow for the financial year 2025, supported by strong performance in both its Marine and ...
TGS secures more OBN work in Europe for 2026 campaign
Oslo-listed seismic data specialist TGS has been awarded an ocean bottom node contract in Europe, extending the acquisition campaign further for the 2026 season...
Car carrier ordering boom ends as overcapacity fears grow
The once red-hot car carrier newbuilding spree is showing clear signs of cooling, with overcapacity concerns now looming large across the pure car and truck car...
Sorfleet retires at CSX; Chand new CAO
CSX has announced the retirement of Chief Administrative Officer Diana Sorfleet and the appointment of Riz Chand as chief human resources officer.Sorfleet retir...
Cavotec supports first shore power car carrier in Europe
Cavotec has supported a major milestone in European port electrification with the first-ever shore power connection of a car carrier at a European port.The oper...
65,000 new visas, but can trucking touch them?
WASHINGTON — A new temporary rule issued by the Department of Labor has unlocked nearly 65,000 supplemental H-2B visas to help seasonal industries –...
Maersk and Hapag-Lloyd to route one Gemini service through Red Sea and Suez Canal
Maersk and Hapag-Lloyd have decided to reroute one of their jointly operated services under the Gemini Cooperation through the Red Sea and the Suez Canal, marki...
AD Ports Group signs heads of terms to explore development in Matadi Port
AD Ports Group announced the signing of Heads of Terms with the Democratic Republic of Congo’s Ministry of Transport, Communications, and Opening Up for the d...
The Port of Liverpool welcomes record ADM shipment from the US
The Port of Liverpool has received its largest ever shipment from ADM, marking another major milestone for the port’s bulk handling capability and its role in...
IMO advances wind propulsion framework
BAR Technologies has welcomed the International Maritime Organization’s (IMO) decision to include wind propulsion in its draft safety framework for greenhouse...