The depressed liquefied natural gas (LNG) carrier sector sees nearly 60 vessels, according to data from Clarksons Research. In a striking sign of shifting market fundamentals, shipowners—particularly ...

In the latest twist in the trade war unleashed by Donald Trump, an American federal court has blocked the president’s sweeping tariffs. The Court of International Trade has ruled that the ...

Brazilian oil and gas major Petrobras has signed an engineering, production, construction, and installation (EPCI) contract with Subsea 7 for the Búzios 11 Project, worth R$8.4bn ($1.48bn) The ...

The largest shipping company in Japan in dwt terms is listed with more than 20 VLCCs, and six more LNG dual-fuelled newbuilds set to deliver from Dalian COSCO KHI Ship Engineering (DACKS) between ...

UAE-based Adnoc Drilling has landed a $1.15bn jackup rig contract from state-owned Abu Dhabi National Oil Company (ADNOC). The deal… ...

Please wait while your request is being verified ...

A Marshall Islands-flagged chemical tanker was boarded by four individuals some 100 nautical miles southwest of Brass, Nigeria, according to UK maritime security specialists Ambrey. The ...

Advantage, which sold its oldest 2009 Bohai-built VLCC last September for $51m, should see the newbuilds delivered during the third quarter of 2027. Hanwha Ocean had earlier this year picked up ...

UK-based shipping asset manager Borealis Maritime has sold four of its platform supply vessels. The Christoph Toepfer-led company is shipping out the 2013-built 3,500 dwt Aurora Pearl, Aurora ...

Japan’s Ports and Harbours Bureau at the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has plans to achieve carbon net zero by 2050 at all Japanese ports via a new Carbon ...

“With water depths of up to 2,500 meters, the Trion development presents challenging technical conditions for drilling and well construction,” said Wallace Pescarini, president of offshore ...

MISC counts 26 LNG carriers in its fleet, according to its website, excluding 14 newbuilds, which involve individual and joint venture orders. Early last year, Samsung delivered two 174,000 cu m ...