APM Terminals Gothenburg receives thrice-weekly calls to Asia

CMA CGM, DHL Step Up Ocean Freight Decarbonization with Biofuel Deal

DHL Global Forwarding and shipping group CMA CGM have agreed to jointly use 8,990 metric tons of second-generation biofuel to reduce emissions from ocean freight.The initiative is expected to cut around 25,000

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DOF Bags Two Deals in Asia-Pacific Region

Norwegian offshore vessel owner and subsea services provider DOF Group has secured two contracts for its vessels and services in the Asia-Pacific (APAC) region.DOF signed a three-year frame agreement for the provision

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Oil Prices Rise as US Continues Tanker Interceptions Offshore Venezuela

Oil prices settled higher on Monday after the U.S. Coast Guard tried to intercept an oil tanker in international waters near Venezuela a day earlier, and Ukraine damaged two vessels and piers

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Gulf Stock Markets Rise on Increasing Oil Prices

Most stock markets in the Gulf ended higher on Monday, helped by rising oil prices and positive market sentiment amid growing expectations of additional Federal Reserve rate cuts.Oil prices - a catalyst for the Gulf's

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Chris-Marine Launches PSL Portable Surface Lathe for Sealing Surface Machining

Chris-Marine announced the launch of the PSL Portable Surface Lathe, a high-precision solution designed for sealing surface machining both in-situ and in workshops ashore.Developed for small and medium bore diesel and gas

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Fincantieri Delivers Indonesian Navy Combat Ship

Fincantieri delivered the PPA (Multipurpose Combat Ship) KRI Prabu Siliwangi-321 to the Indonesian Navy, marking the completion of a two-ship program that significantly upgrades Indonesia’s surface combatant fleet.The delivery ceremony took…

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Seatrium and Maersk Settle $475M WTIV Dispute

Singapore-based Seatrium has resolved its dispute with an affiliate of Maersk Offshore Wind, over the delivery of a wind turbine installation vessel (WTIV), originally intended for Equinor’s Empire Wind 1 project in

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MOL, NYK Agree Ammonia Carrier Charters with JERA

Japanese power generator JERA has signed separate heads of agreements with Mitsui O.S.K. Lines (MOL) and NYK Group for the charter of ammonia carriers, as it moves toward establishing Japan’s first large-scale

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Wärtsilä to Sell Gas Solutions Business to Germany’s Mutares

Finnish engineering group Wärtsilä has agreed to divest its Gas Solutions business to German private equity investor Mutares SE & Co. KGaA, continuing its efforts to streamline operations and unlock value from