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HomePress

Press

Press Releases

London
Financial Crisis

Splash Wrap: Net zero dogfight erupts in London

September 20, 2025 Stu Turley

The hundreds of events across the British capital that made up London International Shipping Week have served as a sounding board over the past few days for backers and opponents of the International Maritime Organization’s […]

HD Hyundai
Press

HD Hyundai eyes US yard in bid to cash in on Trump’s shipbuilding revival

September 20, 2025 Mariel Alumit

South Korea’s HD Hyundai Heavy Industries has confirmed it is in talks with multiple firms to buy a US shipyard, a move aimed at tapping into Washington’s resurgent naval build-up under president Donald Trump. A […]

shipping
Electric Vehicles

UK to debut an electric shipping route

September 19, 2025 Stu Turley

NatPower Marine and Peel Ports Group are set to commence installation of shore power at Heysham port this month, with the first plug live in the initial phase and expansion to four across all berths, […]

Subsea7
Exploration and Production

Subsea7 scores Aramco contract worth up to $1.25bn

September 15, 2025 Mariel Alumit

Subsea7 has landed a major engineering, procurement, construction, and installation (EPCI) contract from Aramco, covering offshore facilities in Saudi Arabia. The award falls under Subsea7’s long-term agreement (LTA) with the state-owned operator, the Oslo-listed company […]

Anglo Teck
Critical Minerals

Anglo Teck merger creates top five global copper producer

September 10, 2025 Mariel Alumit

Global mining group Anglo American and Canadian miner Teck Resources have agreed to merge in a deal that will create one of the world’s largest copper producers with a combined market value of over $53bn. […]

No Picture
Finance

‘The end of globalisation is fast approaching’: IUMI president

September 9, 2025 Mariel Alumit

Geopolitical conflicts and shifting trade patterns are redefining risks and opportunities for the marine insurance sector. Opening this year’s International Union of Marine Insurance (IUMI) conference in Singapore, IUMI president Frédéric Denèfle warned that marine […]

HSBC
Finance

HSBC warns COSCO and OOCL face $2.1bn hit from looming US port fees

September 9, 2025 Mariel Alumit

The looming US port fee regime aimed squarely at Chinese-linked tonnage could saddle COSCO and its Hong Kong-listed subsidiary OOCL with a combined bill of more than $2.1bn in 2026, according to fresh calculations from […]

Wallenius Wilhelmsen
International News

Wallenius Wilhelmsen wins $100m deal in Australia

September 8, 2025 Mariel Alumit

Wallenius Wilhelmsen has clinched a major logistics contract in Australia with a leading automotive manufacturer, expected to bring in revenues of more than $100m. The Oslo-listed roro and logistics group will provide vehicle processing services […]

DOF
Exploration and Production

DOF bags Equinor PSV extensions

September 8, 2025 Mariel Alumit

Norwegian offshore vessel owner DOF has landed contract extensions with Equinor for two of its long-serving platform supply vessels. The state-backed energy major has exercised options to keep the 2009-built Skandi Flora and the 2008-built […]

PSA Mumbai
Imports

PSA Mumbai poised to become India’s largest container terminal

September 7, 2025 Mariel Alumit

The prime ministers of India and Singapore gave speeches yesterday ahead of the inauguration of what will become India’s largest container terminal. With the inauguration of its phase two expansion, PSA Mumbai is poised to […]

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