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McDermott awarded EPCI contract for Al Nasr Field Development Project

The Nasr-115 Expansion Project is a critical component of the overall Nasr Phase II Full Field Development project

TSOs unveil new offshore grid plan

Offshore TSO Collaboration sets out recommendations for delivering an integrated offshore energy system in the North Seas

d’Amico orders two more MR tankers in China

The 50,000-dwt Medium Range 2 units will be built by Jiangsu New Yangzi Shipyard and will enter service in 2029

COSCO Shipping Lines enhances Trans-Atlantic services

Vessels from Salerno will reach New York in just 21 days.

Damen announces contract with Qatari Emiri Navy for two ASD Tugs 3212

One of the vessels is already under construction and will be delivered later this year.

France detains Indian captain of suspected shadow fleet tanker

The EU has imposed 19 packages of sanctions against Russia, but Moscow has adapted to most measures and continues to sell millions of barrels of oil

Stena Connecta joins Belfast fleet

Uniquely the Stena Futura has two 28×4 metre Norsepower Rotor Sails™

HYDS to build hydrogen electrolyser in the Port of Gothenburg

The establishment at the Port of Gothenburg represents a strategic investment in green hydrogen production where there is strong potential for use.

LR’s data shows alarm overload has crossed from nuisance to safety risk

Crews, overwhelmed by the volume of alerts, are forced to silence alarms without acknowledgement or physically bypass alarm circuits

Tanker carrying Venezuelan heavy oil departs to Louisiana, shipping data shows

The first cargo going directly to the U.S. as part of a 50-million-barrel supply deal agreed this month between Caracas and Washington.

MOL, TMAM, and Idemitsu Kosan launch Blue Carbon Initiative

Blue carbon refers to carbon that is sequestered in the seabed and deep ocean through the uptake of atmospheric CO2 by coastal and marine ecosystems via photosynthesis.

Safe Bulkers orders two Kamsarmax vessels from Chinese builder

Including this agreement, the Company has an outstanding orderbook of eight newbuild vessels, two of which are methanol dual fuel

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