The massive rise in global demand for data processing and storage, along with many challenges in traditional land-based infrastructure, has led the market to look for unconventional ways to solve ...

APM Terminals has bought into a Saudi terminal owned by DP World. APM Terminals will acquire a 37.5% minority stake in the Southern Container Terminal at Jeddah Islamic Port, while DP World will ...

Greek container tonnage provider Costamare has locked in nearly $1bn in fresh contracted revenues after fixing 12 vessels on a forward basis for periods stretching up to eight years. The Konstantinos ...

Dubai-headquartered maritime tech firm Marcura has acquired UK-based chemical tanker demurrage specialist Shipdem from its parent company, Casper Shipping. The move strengthens Marcura’s position in ...

Teekay Tankers is pulling out of the VLCC segment, agreeing to sell its only supertanker in a deal that leaves the New York-listed owner focused squarely on suezmax and aframax tonnage. The Kenneth ...

Floater specialist BW Offshore has partnered with Houston-based offshore contractor McDermott to develop a blue ammonia FPSO, merging offshore production expertise with large-scale engineering to ...

Norwegian OSV owner Havila Shipping has secured a contract for one of its platform supply vessels (PSVs) with French energy giant TotalEnergies. According to an Oslo Børs filing, TotalEnergies’s ...

In a climate of escalating geopolitical tension and a sharp retreat from green legislation in Washington, Paul Taylor, the newly appointed chair of the Poseidon Principles Association, has issued a ...

Norwegian shortsea specialist Halten Bulk has signed contracts for up to four 7,100 dwt self-discharging bulk carriers at Jiangsu Soho Marine Heavy Industry. The vessels will be built to the Norwegian ...

New York-listed offshore driller Valaris has been awarded new contracts and contract extensions, with an associated contract backlog of nearly $900m. In the floater sector, the 2013-built Valaris DS-7 ...

South Korean private equity giant Hahn & Company is selling 10 very large crude carriers operated by SK Shipping to Pan Ocean for KRW973.7bn ($694m). The deal, which transfers related long‑term cargo ...

Madagascar has warned of a surge in fraudulent ship registrations after its authorities identified nine vessels using flag state documents in the country’s name. Port authorities told the ...