Maritime & Logistics Market

Floating wind turbine that will power UK gas platform ready for tow to offshore site

The Culzean floating wind turbine, which will supply electricity to the Culzean gas platform in the North Sea, off the coast of Scotland, will...

Hybrid ocean energy construction vessel reaches Norway for completion

The first of two hybrid power ocean energy construction vessels (OECVs) that Norwegian shipbuilder VARD is building for compatriot shipping group Island Offshore has...

Shearwater to explore carbon storage potential in Australian waters

Norwegian Shearwater GeoServices has been tasked with a seismic survey offshore Australia to explore carbon storage potential in the Bonaparte Basin, marking its second...

New contracts for Singaporean vessels after completing activities ‘beyond their traditional scope’

Three vessels owned by Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH) have secured new offshore contracts after completing a series of...

Local company to carry out soil investigations for Malaysian CCS developments

Malaysian offshore soil investigation and geotechnical engineering services company Helms Geomarine has been selected to support Petronas’ carbon capture and storage (CCS) developments in...

Boskalis’ new subsea rock installation vessel starts work on Polish offshore wind project

Boskalis’s new subsea rock installation (SRI) vessel Windpiper has departed the Port of Rotterdam to pick up its first load and sail to an...

Houthi threat brings Bab El-Mandeb crossings down another 50%

The number of vessels transiting the Bab El-Mandeb Strait into and out of the Red Sea averaged 31 per day over 25-26 July, according...

Golden Leo sinks after deadly Russian missile strike

Golden Leo, a general cargo vessel attacked by missiles on 19 July, sank in the Black Sea over the weekend, according to Ukrainian authorities,...

World’s largest iron ore port handles record annual volumes

Pilbara Ports which includes Port Hedland revealed a record breaking throughput of 804.1 million tonnes for the financial year 2025 – 2026. Cargo volumes...

Mexican Port of Manzanillo container volumes up 9.9.% in H1

The Port of Manzanillo, on the Mexican Pacific coast, moved 2.07 million teu during the first half of the year, up 9.9% compared to...

Allseas’ large 28-year-old pipelayer returns to sea after major 10-month upgrade

Allseas’ Solitaire, one of the world’s largest pipelay vessels, is heading back to sea following a ten-month renewal and upgrade program that further advances...

Mounting Mideast Threats Deepen Oil Shipping Disruptions

Shipping disruptions in key Middle East chokepoints intensified as the US-Iran war grinds on, with vessels in the Red Sea making unusual maneuvers, while...

Sea1’s first offshore energy support vessel launches at Chinese yard

The first of four 120-meter-long offshore energy support vessels (OESVs) being built in China for Norwegian offshore services provider Sea1 Offshore has been launched...

Vessel on fire in Hormuz, caution advised

In what could be the latest attack on a commercial ship in the Strait of Hormuz a vessel is reported to be on fire. The...

Energy majors home in on Hormuz bypass options as hostilities escalate

Following the collapse of the ‘ceasefire’ that never was, there have been virtually no transits of the perilous stretch of water over the last...

China Merchants Energy Shipping makes VLOC newbuilding return

China Merchants Energy Shipping (CMES) has made a comeback in the Very Large Ore Carrier (VLOC) newbuilding market after an 11-year hiatus. The company is...

Lindsey Graham legacy adds urgency to US maritime revival push

The sudden passing of US Senator Lindsey Graham brought renewed attention to the Ships for America Act. In late June, three weeks prior to...

Captain pleads guilty in cadet rape case

A federal court in Brooklyn, New York, has accepted guilty pleas on five counts of sexual abuse of a 21-year-old cadet by the senior...

New Rotterdam HQ cements Boluda’s northern Europe ambitions

Spain-headquartered Boluda Corporación Marítima has inaugurated its Netherlands head office in Rotterdam, through its subsidiaries Boluda Towage and Boluda Shipping, as the centre of...

Container spot rates stall as Gulf tonnage returns

Added capacity and intense competition on the major trades has contributed to the stalling of spot rates as tonnage is released from the Middle...

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