France’s CMA CGM has agreed to invest Ksh106bn ($820m) to modernise and expand two terminals at the Port of Mombasa under a cooperation framework with the Kenyan government. CMA CGM, which has been ...
Abu Dhabi state investor Mubadala has announced a $325m investment in Ørsted’s Hornsea 3, which, once completed, will be the world’s single largest offshore wind farm. Mubadala is investing alongside ...
Ocean Network Express has returned to South Korea’s HD Hyundai Heavy Industries for another batch of LNG-capable containerships, pressing ahead with its long-term alternative-fuel fleet renewal ...
A fire broke out early Monday on the non‑operational natural gas platform Habitat, located some 13 km offshore from Santa Barbara, during decommissioning operations. The fire ignited around 7 am local ...
The Victoria state government has committed AUD 124.5m ($90.1m) in its 2026/27 budget to advance the proposed Renewable Energy Terminal at the Port of Hastings. This funding will progress the ...
Dutch shipowner Vroon is exiting the livestock shipping sector after agreeing to sell its Livestock Express business to Australian agribusiness and shipping group Heytesbury. The deal includes all 11 ...
Oslo-listed tanker newcomer Bruton has fixed its first VLCC on a long-term deal ahead of delivery. The Tor Olav Trøim-backed company said the 300,000 dwt Mount Vision, due for delivery from China in ...
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 ...
The dry bulk sector’s decarbonisation debate has moved decisively beyond whether shipping will reach net zero and is now centred on how the industry can make the transition work commercially in an ...
The Hormuz crisis has broken the tanker market’s age depreciation curve entirely, with five-year-old VLCCs now trading above the price of a brand new vessel ordered from a Korean shipyard. According ...
France’s CMA CGM Group is pushing further inland in the Gulf, signing a cooperation deal with AD Ports Group to extend its reach beyond the quay at Khalifa port. The liner major, alongside CMA ...
Bremen-based D. Oltmann Reederei has been identified as the European owner behind four 10,010 teu container ship orders placed at Korea’s HJ Shipbuilding and Construction, according to Alphaliner. The ...