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HomePress

Press

Press Releases

Press

Pacific Basin signs methanol fuel deal with Towngas

June 25, 2025 Stu Turley

Pacific Basin Hong Kong-based dry bulk shipping giant Pacific Basin has signed a memorandum of understanding (MOU) with The Hong Kong and China Gas Company Limited (Towngas) to secure supplies of green methanol, as the […]

Performance Shipping
Finance

Performance Shipping agrees refinancing deal with Greek bank

June 25, 2025 Mariel Alumit

Nasdaq-listed Greek tanker owner and operator Performance Shipping has agreed to the refinancing of an existing outstanding loan of $29.75m with compatriot Alpha Bank. Proceeds from the facility will be used to fully refinance the […]

offshore wind
International News

Brazil issues first offshore wind license to 24.5MW pilot project

June 25, 2025 Mariel Alumit

The Brazilian Institute of Environment and Renewable Natural Resources (IBAMA) has granted the first preliminary license for an offshore wind energy project in Brazil. The license was awarded to the Senai Institute for Innovation in […]

Japan
International News

Japan charts course to double shipbuilding capacity by 2030

June 24, 2025 Mariel Alumit

Japan, once the undisputed titan of global shipbuilding, is embarking on an ambitious journey to rejuvenate its maritime manufacturing prowess, aiming to double its shipbuilding output by 2030. This bold strategy, spearheaded by the ruling […]

Press

Latsco in for Huangpu Wenchong boxship brace

June 24, 2025 Stu Turley

Uncategorized Latsco Shipping Latsco Shipping Greece’s Latsco Shipping is expanding its footprint in the containership sector with newbuildings in China. Shipbuilding sources in Greece have linked the Paris Kassidokostas-Latsis-led diversified owner, traditionally linked to tankers […]

Press

Abandoned wells in US spark call for drilling rights ban

June 24, 2025 Stu Turley

AmericasOffshore Healthy Gulf Healthy Gulf Environmental groups have petitioned the US government to prevent energy companies that neglect old well sites from getting new offshore drilling rights. The petition was signed by the Centre for […]

Press

Norway identifies four more offshore wind development sites

June 24, 2025 Stu Turley

Equinor Norwegian authorities have identified four additional areas suitable for offshore wind development. The government is currently conducting consultations on the findings before deciding which area it would proceed with. The country plans to open […]

Crude Oil News

US airstrikes on Iran spark memories of previous tanker wars

June 23, 2025 Stu Turley

Shipping stock prices surged in Asia today on the back of the fast-escalating geopolitical crisis in the Middle East, with Iranian politicians threatening to shut down the Strait of Hormuz after US airstrikes on key […]

Crude Oil News

Trump softens on Iran intervention amid maritime chaos in Gulf

June 20, 2025 Stu Turley

Oil prices dipped 2% in early trading today as Donald Trump appeared to step back from joining Israel’s attacks on Iran, while the waters in the Middle East remain busy, and dangerous thanks to vastly […]

Press

DOF subsea construction vessel finds work in Atlantic region

June 20, 2025 Stu Turley

EuropeOffshore MarineTraffic / Perry Jones (Skandi Inventor under previous name) MarineTraffic / Perry Jones (Skandi Inventor under previous name) Norwegian offshore vessel owner DOF has won multiple contracts for the subsea construction vessel (SCV) Skandi […]

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