Japanese shipping company NYK Line reported revenues of JPY727.7 billion ($4.55 billion) for the three months ended June 30, representing a 21.1 per cent increase from the same period a year earlier.
Some producers in the Middle East are likely to struggle to restore oil output to pre-conflict levels by the end of 2027, even if trade patterns return to normal by early next year, the US Energy Information Administration said on…
Mermaid Maritime has published its financial results for the second quarter of 2026.PerformanceTotal revenue for Q2 2026 was US$61.8 million, representing a year-on-year decrease of US$50.6 million from US$112.4 million in Q2 2025 and a quarter-to-quarter decline of US$20.3 million…
US autonomous vessel developer Saronic has established an operations site at the Port of Gulfport in Mississippi to conduct on-water testing and commissioning of its medium unmanned surface vessels (MUSV).The more than 30,000-square-foot facility includes port access, offices and warehouse…
U.S.-headquartered technology player SLB has signed off on a long-term stimulation assignment on the Norwegian Continental Shelf (NCS) with Norway’s state-owned energy giant Equinor. MV Island Captain; Source: SLB SLB and Equinor’s multi-year agreement for advanced reservoir stimulation services across the…
The global shipping industry is witnessing a significant increase in the number of cargo ships deploying wind-assisted propulsion as part of efforts to cut down on energy consumption and emissions.
