Hanwha Ocean will sign an agreement with the government and the shipbuilding industry to eliminate the gap between prime contractors and subcontractors. As the...
Subsea7 today announced the award of a sizeable1 contract by LLOG Exploration Offshore L.L.C., for the Buckskin South Expansion project. The Buckskin field is...
Mitsui O.S.K. Lines, Ltd. announced the signing of a project finance agreement with a banking syndicate-including the Japan Bank for International Cooperation (JBIC), Mitsubishi...
While the war in Ukraine remains unresolved, any meaningful deescalation arising from ongoing peace discussions would extend well beyond energy markets and materially reshape...
Iron ore futures prices closed lower on Tuesday, weighed by steel mills undergoing annual furnace maintenance and rising Chinese port inventories.
The most-traded May iron...
The Baltic Exchange’s dry bulk sea freight index, which tracks rates for vessels transporting dry bulk commodities, fell to an over five-month low on...
Celestyal has held a series of plaque exchange ceremonies to mark Celestyal Discovery’s debut in the Arabian Gulf.
The 1360-guest ship, which has joined Celestyal...
Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, reported...
The Port of Klaipėda delivered a strong performance in the first half of the year, demonstrating resilience in a changing market environment and further...
DP World is expanding the electrification of its port operations in Chile with the introduction of seven 100% electric Internal Transfer Vehicles (ITVs) and...
The U.S. Department of Transportation’s Maritime Administration (MARAD) today joined leaders from California’s Port of Long Beach to celebrate a new partnership focused on...