Class society DNV has signed a two-year contract with South Korea’s wind developer Kolon Global Corporation to provide owner’s engineering services for the 400MW Wando Jangbogo offshore wind farm.

A relatively new entrant to container shipping is scaling back. CStar Line, founded two years ago in Dubai, has focused on servicing Russian, Asian and Turkish ports.

HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the holding company of HD Hyundai Group, has struck a deal to acquire Doosan Vina, the Vietnamese manufacturing unit of Doosan Enerbility ...

Norwegian offshore vessel owner DOF has secured additional work with Brazilian state-owned oil and gas giant Petrobras. A new contract was awarded to the 2009-built subsea construction vessel ...

Subsea well construction and intervention services provider AKOFS Offshore has won a contract for one of its multipurpose service vessels (MPSV) with Brazilian state-owned giant Petrobras.

French liner giant CMA CGM is making a strategic minority investment in US-based Vanguard Renewables through its energy fund PULSE, securing long-term access to volumes of renewable natural gas ...

Panels are beginning to coalesce for next April’s Geneva Dry, the world’s premier commodities shipping conference. As in past editions, the two-day event will close with a very high level ...

John Fredriksen’s SFL Corporation has locked in fresh revenue with Maersk, agreeing to five-year charter extensions for three 9,500 teu container ships, starting in 2026. The renewed deals will ...

Flex LNG has signed a $175m sale and leaseback deal with an unnamed Asian-based lease provider for its LNG carrier Flex Resolute. The 2020-built 173,400 cu m vessel will be sold and then chartered ...

Energy supermajor BP has awarded two major engineering contracts to the SOCAR-KBR joint venture for work on the Shah Deniz Compression (SDC) and Sangachal Terminal Electrification (STEL) projects.

A Panama-flagged chemical/oil products tanker has reportedly been severely damaged in Russian drone strike at the port of Izmail, Ukraine.

Results from full-scale engine tests suggest that operating on ammonia could reduce a ship’s tank-to-wake emissions by between 90 and 95%, according to a report published today by the GMF. This ...