News
-
Floating data centres become a new segment for shipping to pursue
The surge in global data processing and storage needs is driving innovation in the tech industry. As land-based infrastructure faces…
Read More » -
P&I cover at risk over incorrect chemical cargo storage
Ship owners, operators, and charterers are being urged to take immediate action regarding the handling of flexible intermediate bulk containers…
Read More » -
EnerMech wins two-year deal at BP Trinidad and Tobago
EnerMech, a UK-based oilfield services company, has successfully secured a two-year extension for its contract with BP Trinidad and Tobago.…
Read More » -
‘Unexciting’ container market sees liner CFOs adjusting full-year forecasts
The global container shipping market is bracing for a challenging second half of 2025, as weak demand, overcapacity, and fluctuating…
Read More » -
Diana Shipping reaches near 10% stake in Genco
In a significant move within the shipping industry, Greek dry bulk owner Diana Shipping has expanded its investment in Genco…
Read More » -
Safe Bulkers posts $1.7m profit in Q2 despite weaker rates and higher costs
Safe Bulkers, a Limassol-based shipping company listed on the New York Stock Exchange, has managed to report a profit in…
Read More » -
Electricity blackouts are a blessing for shipping
As the world pushes towards renewable energy, a surprising trend emerges in the shipping sector: an increasing reliance on fossil…
Read More » -
LR and Anemoi publish new report to advance standardisation of wind propulsion performance methodology
Anemoi Marine Technologies, a leader in wind-assisted propulsion technology, has developed an in-service performance verification process that reduces cost and…
Read More » -
LR secures in-service submarine contract to support UK Ministry of Defence
LR has announced a significant milestone in its naval assurance services, having secured a 12-month in-service submarine support contract from…
Read More » -
(LEAD) HD KSOE’s Q2 net profit up 25 pct on strong ship sales
SEOUL, July 31 (Yonhap) — HD Korea Shipbuilding & Offshore Engineering Co. (HD KSOE) announced a significant 25% increase in…
Read More »
