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New Zealand is facing the loss of its last domestic-flagged container shipping service, with Swire Shipping consulting on a proposal to cease Pacifica Shipping’s coastal container operation. The move ...
Donald Trump has abandoned his plan to charge ships 20% of cargo value to transit the Strait of Hormuz, dropping the toll just hours before the US reimposed its blockade of Iranian ports and replacing ...
The risk of the Red Sea shipping crisis erupting again has risen, with Iran reportedly asking Yemen’s Houthi movement to prepare to close the Bab el-Mandeb Strait if the United States attacks Iranian ...
New Zealand’s offshore wind sector has cleared an important hurdle after parliament passed the Offshore Renewable Energy Bill, giving developers a clearer route into a market that has been waiting for ...
The US military has fired missiles into a commercial tanker attempting to reach Iran. US Central Command said a military aircraft struck the smokestack of the unladen, Curaçao-flagged Belma after the ...
Norwegian offshore vessel owner DOF has been awarded a contract for one of its subsea support vessels in North America. DOF secured a charter for its 2017-built Skandi Involver with an unnamed client.
The International Maritime Organization (IMO) has named the full team of regional coordinators who will lead its seven regional presence offices, as the UN agency looks to bring more technical support ...
Neil Hall-led Eldorado Drilling has completed the acquisition of offshore drilling contractor Vantage Drilling for approximately $257m. As a result of the acquisition, Vantage will survive as an ...
Norwegian offshore vessel owner DOF has won a contract from TotalEnergies for the subsea construction, mooring, disconnection of an existing FSO, and connection of a replacement unit. The contract is ...
VLCC values continue to rise, even for 20-year-old ships, with brokers reporting that the 302,400 dwt Kawasaki-built Yamatogawa has been sold for $61.5m. The vessel’s next special survey is due in ...
A.P. Moller-Maersk’s latest earnings upgrade is more than just a dramatic reversal for the world’s second-largest containerline. It has become the clearest indication yet that 2026 is shaping up to be ...
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