BP Shifts Focus: More Oil & Gas, Less Renewables
UK-based energy titan BP reveals plans to reduce its spending on renewable energy, opting instead to boost investment in oil and gas production.
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Adhart Shipping Secures Debut Tanker Order from New Dayang
Singapore’s Adhart Shipping has been identified as the owner behind a debut product tanker order with Chinese bulker builder New Dayang.
Pertamina Exec Arrested in $12bn Oil Corruption Probe
Pertamina CEO, Yoki Firnandi, taken into custody amid allegations of $12bn corruption scheme tied to procurement of crude oil and oil products.
New Network Empowers Women in Maritime Careers
Women represent just 2% of the global seafaring workforce but a new initiative is set to change that as the ITF launches its Women at Sea network
US Considers Hefty Fees, Restricting Chinese Maritime Ties
The US is considering fees on Chinese-built vessels docking at its ports, while tightening regulations on Chinese ownership of domestic terminals
Jan de Nul Aids in West Africa's New Deepwater Port Project
Belgian construction firm Jan de Nul has announced its role in developing a new port situated 50 kilometers from Dakar, Senegal.
Windstar Cruises Lands Exclusive Partnership with O2 Arena
London’s O2 Arena has revealed a new sponsorship deal by partnering exclusively with the upscale cruise line, Windstar Cruises.
CMA CGM Expands Fleet with Purchase of Four More Boxships
CMA CGM remains one of the most active buyers in the secondhand container ship market this year after acquiring another four boxships.
MSC Joins CMA CGM in New Moroccan Container Terminal Project
Mediterranean Shipping Co has partnered with rival CMA CGM to invest in a new terminal at one of Africa’s fastest-growing container hubs, Morocco
Three Passengers Evacuated from Quantum in Medical Emergency
Three passengers aboard Quantum of the Seas were medically evacuated in two separate missions during the ship’s journey through the South Pacific
MSC Expands Lead Over Rivals as Largest Standalone Carrier
Mediterranean Shipping Co is set to widen its lead over competitors, with new data showing it will soon outpace its closest rival by 2 million TEU
Maersk & Cochin Shipyard Partner on Ship Repair & Building
AP Moller-Maersk has entered into a MoU with India’s Cochin Shipyard to explore opportunities in ship repair and shipbuilding.
Balmoral Comtec Joins Equinor’s Firefly Floating Wind Project
Balmoral Comtec, a subsidiary of offshore energy supply chain company Balmoral, signs MoU with S. Korea-based LS Cable & System and LS Marine Solution
Panama Defends Ship Registry Amid US Sanctions Pressure
The Panama Maritime Authority (PMA) has defended its stance on sanctioned vessels, emphasizing that it is actively deflagging non-compliant ships
Canada Invests $25M in Shore Power for BC Ports
Canada’s Minister for Transport and Internal Trade has announced a 35.5 million CAD grant to support shore power development in British Columbia.