The European Commission has approved a €5bn ($5.7bn) Danish scheme to support the buildout of offshore wind capacity, in a push to meet the European Union’s 2030 net-zero target. The scheme, set to ...

Turkish conglomerate Yasa Group, best known as an owner of dry bulk vessels and tankers, has been identified as the owner behind a pair of 3,100 teu containership newbuildings ordered at a Chinese ...

Norwegian OSV player DOF Group has secured a subsea cable replacement contract from Norway’s grid operator Statnett, adding to its backlog in the offshore construction segment. The Oslo-listed ...

The largest onshore and offshore drilling company in Saudi Arabia by fleet size, Arabian Drilling, has suspended operations on several offshore rigs in the Gulf due to ongoing tensions in the Middle ...

A suezmax tanker linked to Russia trade has been hit by a drone attack in the Black Sea near Istanbul, in the latest escalation affecting commercial shipping in the region. The 163,800 dwt Altura was ...

Greece’s Golden Energy Management has placed another suezmax tanker order in South Korea, extending its fleet renewal drive in the crude segment. Shipbroking sources say the Athens-based owner, ...

The fourth week of the Persian Gulf war has produced a flurry of competing signals for commercial shipping – a US peace framework, a conditional Iranian offer to allow some vessels through the Strait ...

German liner giant Hapag-Lloyd has signed a series of agreements with the Indian government, setting out plans to deepen its presence in one of the fastest-growing shipping markets. The Hamburg-based ...

Shipowners are holding back on engine retrofit decisions despite growing technical readiness, as uncertainty around decarbonisation rules continues to cloud investment plans. That’s the key takeaway ...

Rafael Muñoz Abad, a maritime analyst at the CISDE International Campus, writes for Splash today. In 1686, a certain Edward Lloyd—whom I imagine with a white beard and a navy wool coat with curved ...

German shipowners are calling for the creation of a civilian “sea service” to strengthen the country’s ability to keep trade moving in times of crisis. The proposal, put forward by the German ...

Italian product tanker owner d’Amico International Shipping (DIS) has sold one of the last non-eco vessels in its fleet, taking advantage of strong tanker markets to lock in a firm price. The Milan- ...