Region
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Red Sea security situation worsens
Rockets and drones rained down on international merchant shipping in the Red Sea on Sunday with war risk surcharges now…
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MSC, Maersk, CMA CGM, Hapag-Lloyd and Wallenius Wilhelmsen call for an end date of fossil-only powered newbuilds
The CEOs of leading global shipping lines, MSC, Maersk, CMA CGM, Hapag-Lloyd and Wallenius Wilhelmsen, issued a joint declaration at…
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Russia fails to win re-election to IMO Council
Russia lost its re-election bid to the ruling council of the International Maritime Organization (IMO) on Friday. Other member states…
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Greener ship recycling options emerge
Greener ship recycling options are emerging in South Asia. The European Union is close to adding more yards in Alang,…
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AD Ports looks to set up shipyard in Kazakhstan
Abu Dhabi-based ports and logistics giant AD Ports Group is expanding its cooperation with Kazakh national oil company KazMunayGas with…
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Spetalen PSV outfit Standard Supply sells off fleet
Øystein Stray Spetalen-controlled platform supply vessel owner Standard Supply has sold its entire fleet within 20 days, taking advantage of…
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Petrofac explores asset sale
Energy services company Petrofac said on Monday it was in talks to sell some non-core assets as it works to…
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RWE teams with Masdar for 3 GW British offshore wind project
German utility RWE has signed an agreement with Abu Dhabi-based renewable energy company Masdar to co-develop 3 GW Dogger Bank…
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COP out: World’s first ammonia-powered ship arrives in Dubai … fuelled by diesel
In a neat visualisation of where shipping is on its path towards decarbonisation, the world’s first ammonia capable vessel has…
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Fujian Guohang Ocean Shipping books up to 12 bulker newbuilds
Chinese bulker owner and operator Fujian Guohang Ocean Shipping is pressing ahead with expansion plans that could see its fleet…
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V. Group forms carbon trading partnership
Shipmanagement and marine services giant V.Group has partnered up with carbon trading firm Aither to provide shipowners trading of carbon…
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Private equity firm TJC acquires Global Transport Solutions
Middle-market private equity firm TJC, formerly known as The Jordan Company, has agreed to acquire Global Transport Solutions (GTS), alogistics…
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Maersk Tankers orders up to 10 ammonia carriers in South Korea
Denmark’s Maersk Tankers has answered the call for a clean ammonia shipping solution with a newbuilding deal for up to…
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George Economou makes next move as he builds up Seanergy stake
Greek shipping magnate George Economou has made a move on another fellow publicly listed shipowner, picking up a slice of…
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New research reveals financiers’ beliefs on shipping’s green transition
A new research paper published in Journal of Environmental Innovation and Societal Transitions by researchers from the UCL Energy Institute…
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Hunter Group returns to the tanker sector with VLCC charter deal
Norway’s Hunter Group has announced its return to the tanker business following the sale of its entire VLCC fleet last…
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Maersk settles Ever Given case
Nearly three years on from this decade’s most famous ship accident and lawyers remain busy. AP Moller-Maersk has just settled…
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Angad Banga becomes chair of the Asian Shipowners’ Association
Angad Banga, chief operating officer at the Caravel Group, has added the chairmanship of the Asian Shipowners’ Association (ASA) to…
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The world seaborne trades as you’ve never seen them before
Julian Hoffmann Anton, a London-based freelance data visualisation designer, brings Splash readers a creative twist on the world seaborne trades…
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Prysmian firms up $927m cabling deal in UK
Italy’s Prysmian has officially been awarded a contract worth around €850m ($927m) by Eastern Green Link 1, a joint venture…
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