Jan De Nul Orders Second Subsea Trenching Vessel

Jan De Nul has ordered a second trenching support vessel designed to bury subsea energy cables as it expands its fleet for cable installation and protection.The new vessel will be an exact

Xeneta Shares Weekly Ocean Container Shipping Market Update

The Xeneta Weekly Ocean Container Shipping Market Update provides data and intelligence including the latest freight rate and capacity movements across global trades with supporting insight from Peter Sand, Xeneta Chief Analyst.Data

Dong Fang Takes Delivery of Newbuild SOV, Orders Another from Vard

Vard has delivered Dong Fang Offshore's first newbuild, the Orient Inspirer service operation vessel (SOV), two months ahead of schedule, while the company has approved an order for another vessel from the

Jinhui Shipping Orders Two Bulk Carrier Newbuilds

Hong Kong-based Jinhui Shipping and Transportation has ordered two 64,500-dwt bulk carriers from Jiangmen Nanyang Ship Engineering for a combined $71.4 million as part of a fleet renewal and expansion program.Two wholly

Tanker Hit by Projectile in Strait of Hormuz, UKMTO Reports

A tanker transiting the Strait of Hormuz was struck by an unknown projectile, leaving two crew members with minor injuries, the United Kingdom Maritime Trade Operations (UKMTO) said.Military authorities informed UKMTO on

Tanker Shuttles Keep Hormuz Oil Moving as Costs Soar

A new shuttling system is reshaping the Middle East oil market, as producers seek to keep exports flowing despite the escalating regional conflict. The question now is whether this complex, expensive process

Trafigura Launches Volare Shipping to Run 14-Strong VLCC Fleet

Trafigura has established Volare Shipping as a dedicated oil tanker owner with six Very Large Crude Carriers (VLCCs) operating and eight newbuilds on order, and plans to raise about $500 million before

Hormuz Ship Traffic Slumps as Middle East Conflict Drags On

A total of 17 commodity vessels transited the Strait of Hormuz on the weekend, down from 37 a week earlier, shipping data showed on Monday, as tension in the Gulf persisted with

Cadeler, Vattenfall Team Up New Offshore Wind O&M Solutions

Cadeler and Vattenfall have signed a memorandum of understanding (MoU) to explore new offshore wind maintenance solutions, with a focus on major component exchanges for operating wind farms.The collaboration between Vattenfall Vindkraft