Global oil markets surged back above the $100-per-barrel mark on Monday as the eighth week of the Hormuz crisis opened with a dramatic escalation – the United States formally implementing a naval ...

Steven Jones, founder of the Seafarers Happiness Index, on the similarities between covid and the current Hormuz crisis. The Gulf crisis shows no sign of abating, with the US president calling for a ...

Greek shipowner Harry Vafias has returned to the VLCC segment after some two decades away, lining up a fresh order in South Korea. Vafias-backed outfit, Stealth Maritime, has contracted two 320,000 ...

New York-listed driller Seadrill has secured a long-term extension for its ultra-deepwater drillship West Polaris, keeping the rig working for Petrobras offshore Brazil into the next decade. The 1,095 ...

Exmar is set to take delivery of the world’s first ammonia-powered gas carriers, marking a milestone in the shift towards alternative marine fuels. The two 46,000 cu m mid-size vessels, named ...

Sonangol is stepping up its move into LNG shipping, placing an order for two more carriers at HD Hyundai Samho. Parent group HD Korea Shipbuilding & Offshore Engineering (KSOE) said the contract ...

Istanbul-based marine surveyor and bunker specialist VTS Shipping is heading into Geneva Dry 2026 with a focus on what works in practice, as new technology beds in and market pressure builds across ...

US supermajor ExxonMobil has laid out a multi‑billion‑dollar deepwater investment plan for Nigeria, positioning the country at the centre of a renewed offshore push that could total up to $24bn. The ...

Global container lessor CS Leasing has changed hands, with New York-based ITE Management acquiring the business in a deal that shifts ownership of one of the sector’s larger specialist fleets. The ...

Malaysia-based offshore marine group Nam Cheong has secured OSV charter contracts of up to RM102.5m ($25.8m). The contracts comprise one anchor-handling tug supply (AHTS) vessel and one maintenance ...

The Dutch authorities have revealed that another offshore wind site will be added to the upcoming permitting round. In January, the Netherlands Enterprise Agency (RVO) announced that the round would ...

The 300,000 dwt VLCC Mali, a 2001-built vintage tanker with a colourful past, is now lying idle at anchor off Karachi under the Aruba flag after being reported sold for scrap. Previously known as ...