Nasdaq-listed owner Toro has initiated a process of separating its tanker and LPG businesses. The spinoff of Cyprus-based Castor Maritime with one tanker and four gas carriers spinning off the ...

Thirteen days on from its grounding off Newfoundland, salvors are struggling to work out how to remove the MSC Baltic III from the icy, stormy shoreline near Lark Harbour. With reports emerging of ...

French family-owned shipowner Louis Dreyfus Armateurs (LDA) has revealed takeover talks with compatriot private equity firm InfraVia. The two companies have entered exclusive negotiations for ...

“Managing demurrage claims has often meant juggling different tools, processes, and providers depending on the cargo. Bringing HubSE into the Marcura ecosystem changes that. For the first time ...

Sapura Drilling is Southeast Asia top contractor in this segment by rig count and market share with a fleet of five semi-tender and six tender barge rigs. The latest contract wins, including ...

Developed in partnership with Signal Ocean, Ocean Recap seeks to address what the brokers described in a release as “growing concerns of monopolisation” and data security in the recap and ...

“Esso Australia continues to invest in multiple projects that ensure our Gippsland operations sustain gas production well into the 2030s. Projects like Kipper 1B are vital to help meet the ...

Despite getting back to normal operations by Q4 last year, shipping volumes have yet to fully recover. Between September 2024 and January 2025, ship capacity in deadweight tonnes transiting ...

Angola’s Sonangol is lining up suezmax crude tanker newbuildings in South Korea. Shipbuilding sources report the state-controlled oil company has returned to HD Hyundai Heavy Industries for a ...

Jiangsu Dajin Heavy Industry has revealed that it entered into a section fabrication, general assembly, equipment installation, and commissioning contract for a 200-person jackup accommodation rig ...

Swedish shipowner Stena Bulk has signed a deal with NNPC Shipping, part of oil producer Nigerian National Petroleum Corp and local integrated offshore support player Caverton Marine for a new ...

Spanish energy company Moeve has inked a contract with RFOcean for a series of 6,600 dwt chemical tankers currently under construction in China. Frederik Rye-Florentz-led RFOcean, which controls a ...