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Wednesday, September 18, 2024
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Höegh LNG announces name change to Höegh Evi

Höegh LNG, a global leader in marine energy infrastructure solutions, announced its new name, Höegh Evi.   Standing for "energy vector infrastructure," the name Evi reflects...

TSUNEISHI Group to strengthen collaboration with Yangzijiang Shipbuilding 

TSUNEISHI Group agreed with Yangzijiang Shipbuilding, a major Chinese private shipbuilder, to conduct a third-party allotment to Yangzijiang Shipbuilding of new shares of TSUNEISHI...

Saipem awarded an offshore EPC contract in Qatar worth 4 approximately billion USD

Saipem has been awarded an offshore EPC contract by QatarEnergy LNG for the Combined COMP3A & COMP3B of the North Field Production Sustainability Offshore...

EU mission starts Red Sea oil tanker salvage

The Sounion was attacked by Iran-backed Houthis rebels last month off the coast of Yemen. While its crew was rescued by a French ship,...

US drillers add oil and gas rigs for first time in five weeks, Baker Hughes says

U.S. energy firms this week added oil and natural gas rigs for the first time in five weeks in the biggest weekly rise in...

MOL becomes 1st Japanese Board Member of Book and Claim Community

TOKYO-Mitsui O.S.K. Lines announced that it has become the first Japanese company to join the board of the Book and Claim Community (BCC) an...

Operational Strategies of the Panama Canal spotlighted during International Investors Forum

The 2025 Investors Forum, organized by the Latin American Stock Exchange (LATINEX), analyzed the economic and operational strategies of the Panama Canal during the...

Pelagic Partners launches new Pelagic Capital venture

Shipowner and shipping fund manager, Pelagic Partners, announced the launch of Pelagic Capital, a new venture designed to assist Pelagic Partners to build a...

Schuyler Line secures $17.1m US government contract

Schuyler Line Navigation was awarded a $17,155,000 firm-fixed-price, with reimbursable elements, for time charter of one approved upon delivery U.S. flag or foreign flag...

Globus Maritime reports financial results for the second quarter

Globus Maritime, a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...

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Pelagic Partners launches new Pelagic Capital venture

Shipowner and shipping fund manager, Pelagic Partners, announced the launch of Pelagic Capital, a new venture designed to assist Pelagic Partners to build a...

Globus Maritime reports financial results for the second quarter

Globus Maritime, a dry bulk shipping company, today reported its unaudited consolidated financial results for the second quarter and six-month period ended June 30,...

Pyxis announces full redemption of series a convertible preferred stock

Pyxis Tankers, an international shipping company, announced key shareholder and chartering updates. On September 6, 2024, the Company’s Board of Directors approved the redemption of...

TEN reports profits for the second quarter and first half 2024

50% increased dividend from amount paid for 2023 operations Dynamic growth and renewal - 21 vessels contracted/acquired within 2024 Minimum contracted revenues of $2.0 billion TST inaugurates...

HMM plans to invest KRW $17.4 Billion to sustainable growth

HMM maps out a mid-to-long-term strategy to expand its business portfolio for future growth and drive itself to be a global green shipping and...

One year of Celestyal Journey

Celestyal Journey has notched up one year with Celestyal, travelling 66,100 nautical miles in...

Titanic builder Harland & Wolff to enter administration amid debt woes

RMS Titanic shipbuilder Harland & Wolff announced on Monday that it will enter administration...

Burning oil tanker is safely towed away from Yemen after rebel attacks

UBAI, United Arab Emirates (AP) — Salvagers successfully towed a Greek-flagged oil tanker ablaze...

Trelleborg partners with Arkas Holding for advanced fleet modernization initiative

Trelleborg supplied its TSX5 shaft power meters, to be integrated into the Arkas fleet...

Orient Shipping announces bulker addition to fleet

Orient Shipping announced it has taken over mv HB Golden Eagle as part of...

US East Coast Ports Union meets over wage demand, preps for possible strike

The International Longshoremen’s Association union, representing 45,000 workers at major container ports from Texas to Maine, will begin two days of meetings on Wednesday...

Singapore permits night movement of containers at Pasir Panjang Terminal

Singapore will allow for night movement of line-towed container barges to and from Pasir Panjang Terminal, following a four-month trial, the Maritime and Port...

DP World enters retail and fashion logistics

DP World has completed the acquisition of Cargo Services Far East Ltd – a global supply chain provider headquartered in Hong Kong. Cargo Services is...

APSEZ acquires 80% stake in global OSV operator Astro Offshore for USD 185 Mn

Adani Ports and Special Economic Zone Ltd (APSEZ), India’s largest ports and logistics company, has entered into a definitive agreement to acquire 80% stake...

Indian Port Workers Call Off Strike, Agree New Wage Deal

Nearly 20,000 workers across major Indian ports, who had threatened to go on an indefinite strike from Wednesday, called off their walkout late on...