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Seapeak cuts 10 years off ‘useful lives’ of group of steam-turbine LNG carriers

Citing oversupply and lack of charterer interest, the company said it will likely look to sell a trio of its oldest vessels that have...

Scottish offshore wind ‘has capital value of £100Bn’

Scottish First Minister John Swinney says his government believes the potential capital value of the Scottish offshore wind market could be around £100Bn, given...

Evergreen places US$1.6Bn order for six LNG dual-fuel container vessels

South Korean shipbuilder Hanwha Ocean has secured a significant contract from China,China,Taiwan area area shipping giant Evergreen Marine Corp for the construction of six...

Stena Immaculate crew’s ‘decisive action’ before jumping ship; microplastic pollution found

After a direct strike from container vessel Solong caused explosions and fire on board a Stena Bulk MR tanker full of jet fuel, crew...

Steel cutting starts at Hyundai Samho for Nakilat’s new vessels

Construction has commenced on two LNG carriers and four /ammonia carriers for Nakilat at HD Hyundai Samho shipyard, with delivery set for 2026–2027 Nakilat...

Capital Offshore to provide PSV for TenneT in five-year deal

Evangelos Marinakis-led Capital Offshore has been selected as the preferred supplier of a platform supply vessel (PSV) to leading European grid operator TenneT, as...

Removing Chinese-built vessels from US trade extremely challenging, says Olympic Shipping’s Karageorgiou

The widespread presence of Chinese-built vessels in the global shipping fleet makes implementing the proposed US port fee in its current form highly challenging,...

Signal Maritime introduces flexible tanker pooling model

Traditional vessel pools impose strict terms on shipowners, but Signal Maritime is reshaping the model with a flexible approach that allows greater market responsiveness...

First foundations for Nordseecluster offshore wind project offloaded in Eemshaven

The first eight foundations for the Nordseecluster offshore wind project in the German North Sea have been offloaded at Port of Eemshaven in the...

Latin American fleet expansion highlights market opportunities

Corporate acquisitions and vessel purchases demonstrate the potential for market growth in inland barge transport in South America, while electric-vessel designs are unveiled in...
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