Marine News
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Shipbuilding
New consortium to explore floating nuclear power
A new consortium formed by shipping nuclear propulsion start-up CORE POWER, ABS, and Athlos Energy is set to explore the…
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Bulk Carrier
KPT handles all-time high cargo in FY25 – Business & Finance
The Karachi Port Trust (KPT) has concluded the fiscal year 2024-25 with remarkable achievements, handling a record 54 million tons…
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News
Two Alpha Gas carriers to get enhanced operational support
Technology group Wärtsilä has signed a five-year Lifecycle Agreement with Greek, Athens-based LNG management company, Alpha Gas. The agreement covers…
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Shipbuilding
Jackup barge sinks in Gulf of Suez, four dead
A devastating incident occurred on Tuesday evening when the jackup barge Admarine 12, owned by Saudi oil and gas company…
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Shipbuilding
PTTEP taps Velesto jackup for 15-well campaign
Velesto Energy’s offshore drilling unit has clinched a significant contract with PTTEP for its jackup rig operations in Malaysia. The…
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Shipbuilding
TS Lines locks in up to 10 newbuilds at Huangpu Wenchong
Taiwan’s TS Lines is set to enhance its fleet with a significant newbuilding agreement with Huangpu Wenchong Shipbuilding, a prominent…
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Shipbuilding
Ørsted terminates deal for Cadeler’s newbuild
Cadeler, a Denmark-based offshore wind farm installation company, has faced a significant setback as Ørsted, a fellow Danish utility, has…
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Bulk Carrier
EUROPE: Hydrogen and ammonia bulk carrier projects receive
Norway’s Enova has announced a significant investment of approximately $49 million (NOK 490.6 million) to support two innovative projects focused…
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Shipbuilding
MSC ramps up megamax expansion with $1.2bn shipbuilding deal in China
Gianluigi Aponte’s Mediterranean Shipping Company (MSC) is set to enhance its fleet with a significant new shipbuilding agreement in China.…
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Shipbuilding
Jinhui frees up capital with double leaseback deal
Jinhui Shipping and Transportation, a prominent player in the Chinese shipping industry, has finalized sale and leaseback agreements that will…
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