UAE-based offshore support vessel owner Gulf Marine Services has won a four‐year charter for one of its self‐elevating accommodation units… ...

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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 ...

COSL Drilling Europe has secured another contract extension for its semisubmersible COSLPioneer, with Vår Energi exercising the second option on the rig in Norway. The latest extension will keep the ...

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 ...

AD Ports Group has entered the South American market with its largest acquisition to date, agreeing to buy Brazilian agri-bulk terminal operator Corredor Logística e Infraestrutura (CLI) for AED3.1bn ...

Ireland-based product tanker owner Ardmore Shipping has expanded its newbuilding programme in China, exercising options for two additional product and chemical carriers at Wuhu Shipyard. The New ...

Ukraine has hit 116 Russian vessels in nine days in the Sea of Azov, a campaign so intense it will go down as one of the most concentrated series of attacks on merchant shipping ever recorded — ...

Ship&Bunker reports the average global price for standard IFO380 heavy bunker fuel reached $841.50 a ton yesterday, eclipsing the previous record of $760. By comparison, the average price for the fuel ...

A new feeder and short-sea shipping company has been launched in Saudi Arabia to link the kingdom with other key ports in the Red Sea. The Riyadh-based Folk Maritime is headed up by former Hamburg Süd ...