Cost control in shipping tech is no longer about trimming budgets at the margins. It is becoming a strategic weapon. That shift is front and centre for Chakib Abi Saab, chief technology and innovation ...

Italian product tanker owner d’Amico International Shipping (DIS) has moved to renew its fleet with a fresh newbuilding deal in China, ordering two MR1 units at Guangzhou Shipyard International (GSI).

Supertanker specialist DHT Holdings has struck a deal to sell two of its three oldest VLCCs, continuing a steady refresh of its fleet as asset values remain firm. The New York-listed owner is shipping ...

Norway-based Deep Value Driller has won an extension of the bareboat charter for a seventh-generation drillship of the same name from Italian offshore engineering and construction giant Saipem. Saipem ...

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Norway’s Knutsen Group has firmed up another LNG newbuild in South Korea, ordering a 174,000 cu m carrier at Hanwha Ocean on the back of a long-term charter deal with Italy’s Edison. The contract will ...

Norwegian offshore seismic vessel player Shearwater Geoservices is preparing to send out one of its vessels for a new multi-client seismic project offshore Nigeria. According to the company, the 3D ...

Dutch surveyor Fugro has been awarded a contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman deepwater development offshore Indonesia. This project will ...

Wind-propulsion outfit bound4blue has closed a $44m funding round, securing backing from a heavyweight mix of maritime corporates, shipowning families, climate-focused investors and government capital ...

US forces seized the VLCC Skipper off Venezuela as the battle between Washington and Caracas intensified with the Trump administration suggesting other vessels could be hijacked, too. China’s ...

DeepOcean has strengthened its long-standing ties with Equinor after securing an extension to its subsea inspection, maintenance and repair (IMR) frame agreement. The renewal will keep the ocean ...

UK-based wind propulsion company GT Wings has announced the close of a significant investment round led by Grieg Kapital, the investment arm of the Grieg Group. The Grieg Kapital investment included ...