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Latest data from Clarksons Research shows that after three bumper years of orders, the appetite for newbuilds among owners is weak, down 57% year-on-year, which has also seen newbuild prices ...

UAE-based fabricator Lamprell has signed a memorandum of understanding with Taiwanese owner and operator Dong Fang Offshore for a newbuild wind turbine installation and maintenance vessel.

Swiss-based Medlog, a growing inland cargo business of the world’s largest liner, Mediterranean Shipping Co (MSC), has made its entry into Ukrainian logistics. Local media report Medlog has ...

The Estonian government has approved a draft bill that granted the first building permit for an offshore wind farm in the country. The permit, valid for 50 years, was granted to Saare Wind Energy ...

In November 2022, the company took ownership of its first VLGC, the 2016-built 83,000 cu m Chang Xing Yuan (pictured), formerly known as Gas Aries and acquired from compatriot Tianjin Southwest ...

Mette Frederiksen, head of research and insight at Tankers International, writing for Splash earlier this year about the ageing VLCC fleet, noted that for the ships beyond 18 years, efficiency ...

Commenting on his appointment, Sato said, “My career in dry bulk shipping began at Lauritzen Bulkers, and being offered the opportunity to take on the position as their new CEO is an honour. I ...

China’s Taizhou Hailian Shipping has emerged behind multipurpose newbuildings that are backed by charters with Norden’s project cargo division. Splash reported last week that the Danish ...

Due to this, the Netherlands claimed it was looking into ways to reintroduce subsidies in its tenders for offshore wind farms, which would attract more potential bidders. The Dutch government said ...