[By bound4blue] bound4blue has received a Design Assessment from Bureau Veritas Marine & Offshore for its flagship Model 3-24 eSAIL®, developed to maximise the contribution of wind propulsion on larger vessels.
Twenty-five people died in a fire aboard a foreign cargo vessel undergoing repairs at a state-owned shipyard in the eastern Chinese city of Qingdao on Thursday, state media reported.The fire broke out at about 11:15 (03:15 GMT) at the Qingdao…
Oil prices jumped six per cent on Thursday, with both major benchmarks trading at over $100 a barrel as the biggest spike in attacks on shipping since the Iran war began fed worries among traders about further disruptions to already…
Tsakos Energy Navigation reported a sharp rise in net income to $228.1 million for the first six months of 2026, up from $64.5 million in the equivalent period of 2025.
Italian engineering contractor Saipem and consortium partner Jan De Nul have signed a letter of intent with ExxonMobil Mozambique for the Rovuma LNG Phase 1 development in Mozambique.The agreement, signed on behalf of Mozambique Rovuma Venture, covers preliminary engineering, procurement…
A large fire broke out on a dry bulk carrier undergoing repairs in a Chinese shipyard, resulting in the death of 25 workers and injuring five others who were taken to a hospital.
