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 ...

Dubai-based Emirates Shipping Line has appointed Sushil Sriram as chief executive officer, replacing Till Ole Barrelet, who is stepping down after four years in the role. Sriram joined ESL in January ...

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 ...

US-listed Greek owner Seanergy Maritime has expanded its newbuilding programme, signing for two additional capesize-class vessels at Chinese yards and lifting its total investment in new tonnage to ...

SLB OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has been awarded an engineering, procurement and construction contract by Equinor to upgrade the subsea compression system ...

The US state of Oregon has unveiled a draft offshore wind roadmap outlining four potential futures off its deepwater west coast, from zero turbines to 3 GW of floating wind, with public input open ...

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 ...

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 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 ...

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 ...