News
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G E Shipping contracts to buy a secondhand Very Large Gas Carrier
The Great Eastern Shipping Company Limited (G E Shipping) has announced a significant expansion of its fleet by contracting to…
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Shearwater prepares new seismic campaign in Nigerian waters
Shearwater Geoservices, a Norwegian offshore seismic vessel company, is set to embark on a significant multi-client seismic project off the…
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NYK and KNCC Partner with PETRONAS for LCO2 Marine Transportation Study
Nippon Yusen Kabushiki Kaisha (NYK) and Knutsen NYK Carbon Carriers AS (KNCC) have joined hands with PETRONAS CCS Solutions Sdn.…
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Drug Trafficking Crisis Escalates in Africa
A recent report highlights a troubling surge in drug trafficking and consumption across Africa, driven by rampant state corruption and…
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Peru and South Korea Forge Submarine Development Partnership
On December 21, HD Hyundai Heavy Industries (HD HHI) announced the signing of a significant “Next-Generation Submarine Joint Development Agreement”…
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Maritime Threats Surge in Western Indian Ocean
The Western Indian Ocean (WIO) is grappling with escalating maritime threats, particularly as piracy resurfaces along the Somali coastline. A…
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TechnipFMC Secures Major EPCI Contract with Eni
TechnipFMC, a leading offshore contracting firm, has secured an Engineering, Procurement, Construction, and Installation (EPCI) contract with Italian energy giant…
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Zodiac Maritime Sells Cape Merlin in Strategic Move
Zodiac Maritime has made headlines with the recent sale of the Cape Merlin, a Newcastlemax bulker, to Chinese buyers for…
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Digital Barriers Transform Shipping Industry Dynamics
In the shipping sector, low entry barriers are increasingly countered by digital exit barriers established by IT vendors. The dry…
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Diana Shipping Secures New Charter for Kamsarmax Vessel
Diana Shipping has announced a significant new time charter agreement for one of its kamsarmax bulk carriers, enhancing its portfolio…
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