The Wind of Ocean, the first service operation vessel (SOV) built by Shanghai Zhenhua Heavy Industries Co., Ltd. (ZPMC) for French shipping group LD Armateurs (LDA), was successfully launched recently.
[By: Kongsberg Maritime] Kongsberg Maritime has secured a contract from COSCO Shipping (Qidong) Offshore Co., Ltd. (COSCO Shipping Offshore) to supply an integrated technology package for two new Wind Turbine Installation Vessels (WTIVs) being built for offshore wind installation company…
COSCO Shipping issued a strongly worded statement saying it “firmly opposes” false and unfounded claims by “certain media” alleging its ships have hidden equipment for the purpose of intelligence collection.
Freight rates for Russian oil shipments from Novorossiysk to India remain high despite a sharp correction in the Mediterranean tanker market, as many shipowners continue to avoid the Russian Black Sea port because of security risks, shipping and trading sources…
New Zealand's Lyttelton Port Company has commenced its NZ$821 million ($482 million) Te Awaparahi Bay expansion and resilience project, with completion scheduled for 2031. The development encompasses a 388-metre deepwater wharf, a five-hectare container terminal, four new ship-to-shore cranes, and…
Oil prices slid on Friday but were on course to gain more than six per cent for the week after the United States and Iran resumed military exchanges in the seventh month of their conflict, while US diesel prices hit…
