Cadeler Raises Over $200M to Fund Fleet Expansion Plans

Orlen Takes Delivery of Two LNG Carriers

The Orlen Group is expanding its capacity to transport LNG with the naming ceremony for two 174,000 cubic meter LNG carriers from Hanwha Ocean shipyard. The vessels will enhance the stability and

Read more: %s

Singapore Bunker Sales Eased in February

Marine fuel sales in Singapore softened in February after two months of strong seasonal volumes, according to the latest data from the Maritime and Port Authority of Singapore (MPA), while trade sources

Read more: %s

Trump Demands Other Countries Help Secure Strait of Hormuz

President Donald Trump said on Sunday his administration is talking to seven countries about helping to secure the Strait of Hormuz amid the U.S.-Israeli war on Iran, calling on them to help

Read more: %s

BP Wins US Approval for Kaskida Project

British energy major BP has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters in an emailed statement late on

Read more: %s

Additional LNG Exports from Plaquemines LNG Approved

U.S. Secretary of Energy Chris Wright has authorized an immediate 13% increase in exports at Venture Global’s Plaquemines LNG Terminal in Louisiana.The authorization allows additional exports of up to 0.45 billion cubic

Read more: %s

InterManager Advises Extreme Caution for Ships Considering Hormuz Transit

InterManager has expressed serious concern about the worsening security situation affecting commercial shipping in the Middle East Gulf and the Strait of Hormuz.In light of the recent attacks on merchant vessels in

Read more: %s

Offshore Service Vessels: A Measured Market Recovery

The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly in a “Goldilocks moment” — not too weak and

Read more: %s

Breaking the Ice: How a Space-Based Initiative is Solving a Maritime Challenge

This winter, ice on the Great Lakes is expected to impact a maritime economy valued at $35 billion. The wealth of data provided by space-based assets offers a potential lifeline for navigating

Read more: %s

Maersk Offshore Names New WTIV Ahead of US Offshore Wind Deployment

Maersk Offshore Wind has officially christened its new Seatrium-built wind turbine installation vessel (WTIV) Maersk Viridis, marking the entry of the first vessel in the company’s new offshore wind installation fleet.The naming