Supermajor BP is following in Chevron’s footsteps and is removing some personnel from several Gulf of Mexico platforms ahead of the approaching tropical storm Bertha. BP said that it evacuated some ...

The dry bulk conveyor belt from West Africa to China has a new ship type to speed deliveries of iron ore. China’s CSSC Chengxi Shipyard has delivered Wontanara, the first of five transhipment vessels ...

Tankers carrying Saudi crude as well as a Chinese car carrier have turned back in the Red Sea over the past 24 hours after Yemen’s Houthis declared a naval blockade on Saudi Arabia, threatening the ...

Indian vessel operator Seamec has signed a definitive agreement to purchase the diving support vessel (DSV) Seamec Anant from its parent company HAL Offshore. The vessel will be acquired for a price ...

The 4,310 ceu Chang Sheng Hong was sold at auction on Tuesday for around $42m, according to sources, an exceptionally high price for a 26-year-old midsize PCTC. The Shanghai United Assets and Equity ...

Norwegian oil and gas player Vår Energi and BlueNord have agreed to combine their businesses, making Vår Energi the largest independent producer of oil and gas in Europe. The transaction adds ...

Jakarta-listed mining and energy support company Paragon Karya Perkasa has completed a Rp890bn ($50m) takeover of PT Deli Pratama Angkutan Laut, bringing a domestic coal shipping platform of 34 ...

Commercial shipping through the Strait of Hormuz came under renewed attack on Monday, with two tankers abandoned after projectile strikes and another vessel reporting damage near the UAE. The Kuwait ...

Russia has become the dominant flag state for the sanctioned shadow fleet as tightening Western enforcement forces operators to seek increasingly limited registry options, according to new analysis ...

Irish authorities have sold the ship at the centre of the country’s largest cocaine seizure for a token $1 after spending around €17m ($19.4m) securing and maintaining the vessel in Cork. An unnamed ...

A record two million cars are expected to be shipped around the world on vessels other than dedicated car carriers this year, providing a significant boost for container shipping as China’s vehicle ...

Indian conglomerate Tata Group is seeking approval for a Rs100bn ($1bn) shipbuilding investment in the southern state of Kerala. Kerala chief minister V.D. Satheesan said the state government was ...