News

After reporting a higher net loss in FY2020 compared to FY2019 impacted by decreasing revenues due to lower activity and project stoppages and delays caused by Covid-19, Singapore’s offshore construction specialist Sembcorp...

Four crew members were injured following an explosion onboard a Hong Kong-flagged bulker in Gibraltar waters on 19 February 2021. The ship in question is the 120,600 dwt CSSC Cape Town built in China in 2020....

Denmark’s Copenhagen Infrastructure Partners (CIP) has unveiled plans to build a Power-to-X plant in Esbjerg which will convert power from offshore wind turbines to green ammonia. Consisting of 1 GW electrolysis, the...

CWind, part of the Global Marine Group, has launched its CWind Poineer vessel, the world’s first hybrid-powered Surface Effect Ship (SES), according to the company. The vessel was developed in response to an industry-...

Belgium’s tanker shipping company Euronav has entered into a sale and leaseback agreement with China’s investment management company Taiping & Sinopec Financial Leasing Ltd Co. for Newton, a 2009-built very large crude...

 Odyssey of the Seas, Royal Caribbean’s second Quantum Ultra Class cruise ship, is set to join the company’s fleet by the end of the first quarter of this year. Meyer Werft floated out Odyssey of the Seas in December...