Oceanbird, a wind propulsion joint venture between Alfa Laval and Wallenius Lines, announced the successful installation and sea trial of its Wing560 on a...
AP Moller Holding, parent company of the AP Moller Group and Danish shipping giant Maersk, has announced the acquisition of ship leasing company Ocean Yield from private...
In a bid to give succour to shipowners, the Federal Government unveiled the Cabotage Vessel Financing Fund application portal in January 2026, which made...
Container shipping has repeatedly defied odds the since the onset of the pandemic to enjoy remarkable levels of profitability. Every time it’s looked its...
Norwegian ship designer and shipbuilder VARD has delivered a 151-meter-long hybrid construction and cable laying vessel (CLV) to Japanese Toyo Construction, destined for Japan’s...
SAAM and Schottel have signed a global maintenance agreement for the tugboat providers fleet with an emphasis on predictive solutions.
The accord will focus on...
The ship recycling market could move from a prolonged shortage of end-of-life tonnage to a capacity crunch if geopolitical disruption eases and a larger...
The Singapore-registered container ship Ever Lovely was hit by unknown projectile while leaving the Strait of Hormuz on 25 June.
It was the first vessel...
As trade starts flowing through the Strait of Hormuz again International Seaways (INSW) CEO Lois Zabrocky and Rystad analyst Susan Bell grapple with the...
In a landmark move aimed at addressing the growing environmental challenges confronting Nigeria’s inland waterways, a multisectorial indigenous Environmental company, Parts Central Limited has...
The International Maritime Organization (IMO) and International Chamber of Shipping (ICS) welcomed the conditional ceasefire between the US and Iran.
IMO Secretary-General Arsenio Dominguez stressed seafarer...
Another container ship has been targeted in the Arabian Gulf and damaged above the water line
A container vessel is reported to have suffered damage...
The BW Group company has ordered eight MR tanker newbuildings at Hyundai Heavy Industries
Deliveries for the MR tankers are expected between the third quarter...
Djibouti Ship Repair Yard (DSRY) is a partnership with Damen and includes a floating dock
Djibouti has officially inaugurated a new ship repair yard through...
Jan De Nul has launched William Thomson, the second of two identical subsea cable‑laying vessels (CLVs) currently under construction.Both vessels have a cargo capacity...
