MB Shipbrokers, in its latest weekly report, noted that VLCC freight rates have climbed to six-year highs, with spot earnings exceeding US$170,000 per day, supported by elevated Gulf crude exports and ...

The auction for up to 3.3 GW of offshore wind capacity was launched in late 2025 when the Department of Energy released a notice of auction (NOA) and terms of reference (TOR) for what will be the ...

Faster build times, standardised designs and a surging orderbook are reshaping the economics of floating gas infrastructure, but power-compression bottlenecks, shallow supply chains and geopolitical u ...

Belgian forces, escorted by French naval helicopters, boarded and interdicted a sanctioned oil tanker in EU waters, moving it to Zeebrugge for seizure ...

Vessels linked to Iran and China are now among the few still transiting the Strait of Hormuz, as the vast majority of mainstream tonnage has withdrawn from the area amid escalating conflict and rising ...

One death and at least four crew have been reported injured, with the United Kingdom Maritime Trade Operations reporting ...

On 2 March, the Saudi Press Agency reported that Aramco’s Ras Tanura refinery sustained limited damage as a result of debris from the interception of two drones in its vicinity. The Ras Tanura ...

As geopolitical tensions reshape global trade and the maritime sector confronts the dual imperatives of decarbonisation and ...

GCMD and ING explain how FEET links retrofit finance to verified fuel and regulatory savings, using a pay-as-you-save ...

NKT says its need for copper continues to grow in line with the company’s expansion of production facilities in order to meet demand for power cable solutions. Ensuring access to reliable copper ...

Offshore and dredging contractor DEME has reported record results with group turnover at €4.2Bn (US$4.9Bn) compared to €4.1Bn a year ago and EBITDA at €931M, compared to €764M a year ago, an increase ...

Data from Allied further indicates that VLCC asset values have surged by as much as 21% across all age brackets over the past month, with the strongest gains recorded among 10- and 15-year-old units.