Panama-flagged asphalt/bitumen tanker Bitu River was boarded by three armed pirates late last night off São Tomé and Príncipe. Shots were reportedly fired, and the status of crew in the citadel ...
Containership utilisation has slipped below 90% on many of the sector’s biggest tradelanes, while the gap between box freight rates and charter rates has hit an all-time high. Data from ...
AET, a tanker firm controlled by Malaysia’s MISC, has appointed Nick Potter, a well-known name in Singapore shipping circles, as its next president and CEO. Potter, a former seafarer, brings ...
South Korea’s Hanwha Group has taken a 9.9% stake in Australia’s Austal almost a year after it proposed a full takeover. Hanwha on Tuesday said it had acquired 41.2m shares in Austal, paying A ...
UK’s Offshore Renewable Energy (ORE) Catapult, in partnership with the National Shipbuilding Office and The Crown Estate, has appointed APCL Cammell Laird to carry out a detailed analysis of the ...
According to data from Jefferies, diversions have increased in the tanker and dry cargo segments. Dry bulk diversions are up to 56% of 2023 figures so far this year, up from 45% in 2024; crude ...
The US Environmental Protection Agency (EPA) has revoked a permit for New Jersey’s first offshore wind energy farm potentially stopping it in its tracks. An Environmental Appeals Court Judge ...
IT safety is evolving from a box-ticking exercise to an essential business tool, required by regulators and stakeholders, writes Nicolas Furge, president, Marlink Cyber. Cyber risk is a growing ...
Proactive maintenance “In 2025, technological advancements will continue to shape the industry, with AI maintaining its prominence as market-ready solutions for predictive maintenance,” says ...
Germany’s Oskar Wehr is expanding its fleet with four general cargo newbuilds in China. Newbuilding sources report the Hamburg-based outfit has contracted 5,900 dwt units at Jiangsu Dajin Heavy ...
The international maritime conventions strongly encouraged to be ratified by governments by ICS and CMI as an urgent priority are the IMO Nairobi Convention on the Removal of Wrecks (Nairobi WRC ...
Norwegian offshore vessel owner DOF has won a contract for an FPSO installation project from an undisclosed client in the Atlantic region. According to an Oslo Bors filing, DOF shall deliver ...