The UK P&I Club and the TT Club have announced that they are currently engaged in discussions regarding a potential merger between the two mutual insurers. The clubs have worked closely together for ...

Oslo-based offshore accommodation vessel specialist Floatel International has won a contract for accommodation and construction support services to the Alvheim FPSO from Aker BP. During the contract, ...

Newbuild deliveries in 2025, in cgt terms, are set to be the highest since the end of the last boom in 2012. How long the shipbuilding boom will last forms the lead in the November edition of Splash ...

The maritime industry has a fuel problem. Despite a clear change in rhetoric in recent years regarding the need for shipping to decarbonise, 100% of the industry continues to rely, in some form, on ...

Seaspan is set to push beyond its boxship roots with a debut entry into the very large ethane carrier (VLEC) market through a major newbuilding programme in China. Shipbrokers say the Bing Chen-led ...

Saudi oil and gas driller ADES has landed a fresh two-year contract for the Compact Driller jackup with Brunei Shell Petroleum, marking its first award since completing the acquisition of Shelf ...

South Korea’s largest LNG shipowner is heading for new ownership as private equity firm IMM is readying to sell Hyundai LNG Shipping to Indonesia’s Sinar Mas Group in a deal valued at around KRW400bn ...

Italian product tanker owner and operator d’Amico International Shipping has agreed to sell the oldest vessel in its fleet, marking another step in the company’s ongoing fleet-renewal drive. The ...

Israeli shipping company ZIM has rejected an offer to acquire the company at a $2.4bn valuation. ZIM announced on Tuesday that it has formed a team to examine strategic alternatives regarding the ...

Swiss containership giant MSC has moved to strengthen Bangladesh’s inland logistics network through a new concession to operate the Pangaon Inland Container Terminal (PICT), marking one of the largest ...

AD Ports Group has sold its 9.77% stake in National Marine Dredging Company (NMDC) to Alpha Dhabi Holding in a $436m transaction, marking the ports group’s third divestment of non-core assets this ...

Evalend Shipping has moved to bulk up its suezmax newbuilding programme in South Korea, with the Greek owner eyeing another two units at HD Hyundai as crude tanker contracting continues at pace.