Tanker resale prices are hitting extraordinary levels as buyers scramble for prompt tonnage in one of the hottest crude shipping markets in years, with traditional asset valuation models effectively ...

Stockholm-based floating offshore wind developer Hexicon has entered into an agreement to acquire the remaining 50% stake in the Mareld offshore wind project from its joint venture partner Mainstream ...

New York-listed Diana Shipping has secured a higher-paying charter extension with Oldendorff Carriers for one of its post-panamax bulkers. The Greek owner said the 98,704 dwt Polymnia has been fixed ...

The UK government has granted planning permits to RWE and Masdar’s 3GW Dogger Bank South and SSE and RWE’s 1GW North Falls offshore wind farms. The Dogger Bank South project consists of two offshore ...

Taking a leaf out of the IronMan movie franchise, the Singapore Police Force is trialling jetpacks and weaponised drones as part of efforts to strengthen its capabilities in high-risk maritime ...

There was no sign of a shipping breakthrough in Hormuz this week. If anything, the strait became more dangerous and closed. Donald Trump has been discussing his war with Iran with Xi Jinping while on ...

China’s Yangzhou Guoyu Shipbuilding has secured another containership order as the yard continues its comeback push following its restructuring and restart under new ownership. The builder said it has ...

The offshore arm of Singapore’s Thong Yong Group has ordered two offshore supply vessels from China’s Jianglong Shipbuilding. The deal for the two vessels is worth around $18.4m, with delivery set for ...

Singapore-based Fast Offshore Supply (FOS) has selected Incat Crowther to design a fleet of 10 crew transport vessels (CTVs) set to work for Shell offshore Brunei. The new vessels, which will be ...

Turkish authorities have identified four offshore wind sites in the waters off Saros Bay, Gökçeada, Bozcaada, and Edremit for the upcoming Renewable Energy Resource Area (YEKA) tenders. Turkey’s ...

New York-listed dry bulk rivals Genco Shipping & Trading and Diana Shipping have stepped up their increasingly bitter takeover battle, with both companies launching fresh attacks ahead of Genco’s June ...

Greek shipowner TMS Cardiff Gas is being linked to an order for two dual-fuel very large gas carriers (VLGCs) at South Korea’s HD Hyundai Heavy Industries as owner George Economou continues to expand ...