With the floating offshore wind industry poised for rapid growth, Maersk Supply Service is taking steps to capitalize on the opportunities and present a new…
The Baltic Exchange’s main sea freight index snapped a three-session long streak of gains on Tuesday, due to a fall in capesize and supramax rates.
The…
An Iranian naval flotilla foiled a pirate attack on an Iranian merchant vessel in the Red Sea, the navy said, following a similar incident last…
Canada has chipped in with C$2.5m ($1.9m) to add to the urgently needed funds sought by the United Nations to to support the urgent international…
The Woods Hole, Martha’s Vineyard and Nantucket Steamship Authority has announced its intention to purchase two Offshore Supply Vessels (OSVs) from Hornbeck Offshore Services (HOS) of Covington,…
Newbuilding orders for LNG carriers, which had already been leading the industry in 2022, recorded another significant jump with an additional $2.6 billion in contracts…
China ranks second highest in navy spending after the US and is quickly modernising its forces
China ranks second highest in navy spending after the…
Companies in the renewables energy business have set out to determine whether a green ammonia floating production vessel can be deployed on certain offshore wind…
Brazil marked the delivery and commissioning of its first locally built submarine by state-run defense company ICN (Itaguaí Construções Navais) with the aid of a…
One of the challenges for shipowners and operators in deciding on new technologies is often that they needed to be ordered without experiencing how they…