The big ports deal involving CK Hutchison has hit choppy waters. The Hong Kong-based conglomerate confirmed yesterday that its planned sale of 43 global ports for just shy of $23bn is unlikely to ...

A fire broke out on Wednesday onboard a Maersk ultra-large containership while sailing off the coast of Liberia. The 2013-built 19,076 teu Marie Maersk, operating under the Gemini Cooperation’s ...

Singapore’s X-Press Feeders has hit back at the Sri Lankan Supreme Court’s order to pay $1bn within a year over the 2021 X-Press Pearl casualty, warning the decision tramples on due process ...

Norwegian shipleasing specialist Ocean Yield and KKR-managed vehicles have agreed to acquire CapeOmega Gas Transportation from private equity firm Partners Group, expanding their exposure to the ...

Chinese yard Taizhou Zhonghang Shipbuilding has secured a fresh order for four 63,000 dwt general cargo ships from Hong Kong’s King Ship (HK). The contract, signed yesterday at Taizhou Port ...

A South African court has overturned an environmental authorisation for offshore drilling given to French energy giant TotalEnergies. The country’s High Court said the green light for ...

Barcelona-based bound4blue has been turning heads with its suction sails—wind-assisted propulsion systems now cutting fuel burn and emissions on multiple ships. But ask CEO and co-founder José ...

The United States’ formal rejection of the International Maritime Organization’s (IMO) proposed net-zero framework for the shipping industry led coverage at Splash this week. This framework ...

South Korea’s HD Hyundai is set to start shipbuilding in the Philippines from January next year, with a revamped Subic Bay yard capable of turning out up to 10 vessels annually.

Estonia’s Enefit Green and Japan’s Sumitomo have agreed to terminate their partnership and the development of the Liivi Bay offshore wind farm project.

In its latest fleet status report, Stena Drilling has revealed details of several new deals won by the company’s rigs. The 2012-built Stena IceMAX drillship has won a four-well firm campaign in ...

Ukraine’s Special Operations Forces have struck the Russian port of Olya in the Astrakhan region, destroying a vessel loaded with components for Iranian-made Shahed drones and ammunition. The ...