Shipbuilding
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Marinakis firms up third VLCC at Hanwha Ocean
Evangelos Marinakis, the Greek shipping magnate, has significantly bolstered his fleet by placing additional orders for very large crude carriers…
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US offering 15,000 blocks in upcoming offshore lease sale
The U.S. Bureau of Ocean Energy Management (BOEM) has unveiled plans for an oil and gas lease sale in the…
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Where maritime tech consolidation is today
The maritime industry is witnessing a significant technological evolution, highlighted by the release of two comprehensive maps showcasing the sector’s…
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Ship-to-ship CO2 transfer makes debut in China
In a groundbreaking achievement, the world’s first ship-to-ship offloading of liquefied carbon dioxide (LCO₂) has taken place at Shanghai’s Yangshan…
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Italian Navy orders new multi-purpose combat ship duo from Fincantieri
The Italian Navy has secured a significant contract with shipbuilding giant Fincantieri for the construction of two multi-purpose combat ships.…
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Shell dismisses reports of $82bn BP takeover
Energy giant Shell has firmly denied recent speculation regarding a potential takeover of rival BP, stating that it has not…
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Pacific Basin signs methanol fuel deal with Towngas
Pacific Basin, a leading dry bulk shipping company based in Hong Kong, has entered into a memorandum of understanding (MOU)…
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Performance Shipping agrees refinancing deal with Greek bank
Performance Shipping, a Nasdaq-listed Greek tanker operator, has finalized a refinancing deal for an existing loan of $29.75 million with…
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HD Hyundai Hosts Korea-U.S. Shipbuilding Cooperation Expert Forum
In a significant step towards enhancing maritime cooperation, HD Hyundai hosted the inaugural Korea-U.S. Shipbuilding Cooperation Expert Forum on June…
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Latsco in for Huangpu Wenchong boxship brace
Greece’s Latsco Shipping is making significant strides in the containership sector by securing newbuild contracts in China. The company, traditionally…
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