Offshore driller Valaris has secured a batch of new contracts and extensions for its rig fleet, lifting its backlog to $4.6bn. Its 2015-built Valaris DS-18 drillship won a letter of award from an ...

Norwegian shortsea operator Hagland Shipping has taken a battery-hybrid mini-bulker on a multiyear charter from Germany’s Reederei Gerdes and commercial platform over-C. The 2026-built Forty-Two G is ...

Limited demolition supply and intense buyer competition have created one of the strongest ship recycling markets in years. Hitesh Vyas from Wirana Shipping reports. Shipowners are currently benefiting ...

North Carolina Ports is restoring systems after a cyberattack disrupted operations across its two deepwater terminals and inland port. The state authority detected the intrusion late on Tuesday, ...

Sweden’s Supreme Court has cleared the way for the cargo vessel Caffa to be transferred to Ukraine, establishing a potentially significant precedent for ships accused of trading stolen commodities ...

Danish product tanker giant Torm has been linked to an order for up to eight MR newbuildings at China’s Zhoushan Changhong International Shipyard. Shipbroking sources are reporting a deal covering six ...

Nasdaq-listed OceanPal has completed its exit from shipping, selling the holding company behind its remaining fleet as the former Diana Shipping spin-off shifts entirely into artificial intelligence ...

An Indian-flagged cargo vessel sunk yesterday in a suspected Houthi attack in the southern Red Sea, adding another casualty to the growing list of merchant ships caught up in the conflict off Yemen.

The Panama Canal is imposing two further draft reductions at its neopanamax locks as falling water levels and a strengthening El Niño revive memories of the disruption seen in 2023 and 2024. From ...

Malaysian offshore services company Vantris Energy, formerly known as Sapura Energy, has secured contracts worth about RM830m ($202.78m) for offshore transportation and installation works as well as ...

New York-listed Greek owner Costamare Bulkers has agreed to sell the oldest vessel in its owned fleet as it continues to clear out ageing tonnage. The Gregory Zikos-led company is offloading the ...

Supermajor Shell, through its Malaysian subsidiary, Sabah Shell Petroleum Company, has taken a final investment decision on the third phase of the Malikai deepwater development. The project involves ...