Maritime

Velesto Energy is taking a quiet but important turn in its business model after securing a drilling contract from Hibiscus...

ADES has added fresh momentum to its offshore drilling portfolio after securing two new rig deals worth a combined $270.13m,...

A new international push is taking shape to accelerate the use of liquid hydrogen in global shipping, with the Zero Emissions Ship Technology Association (ZESTA) announcing the creation of the Global Liquid Hydrogen Alliance.  The initiative is designed to move...

A very different kind of cargo vessel has just entered commercial service in China, and it doesn’t run on fuel in the traditional sense at all.  The ship, Hetun Weilan 01, has completed its first commercial voyage between Wuhu Port and Chaohu Port in Anhui province, carrying 49...

Sweden’s Berg Propulsion has secured a contract to equip a new generation of high-powered tugs that are set to become the most powerful diesel-electric units ever built in Turkey, marking another step in the evolution of offshore and port support vessels.  The order covers four firefighting offshore support tugs being built by Uzmar Shipyard in Turkey for Smit Lamnalco. Once delivered, the vessels will initially be deployed in...

FarSounder is taking another step towards smarter ship navigation by adding AI-powered radar technology from Tocaro Blue into its existing Argos forward-looking sonar system, as the industry continues to push for better real-time situational awareness at sea.  The idea behind the integration is fairly straightforward: instead of crews having to interpret multiple separate systems, radar, sonar and vessel tracking data are now brought together into one unified display.  Technically, the upgrade links Tocaro Blue’s ProteusCore...

Singapore-based venture capital firm Motion Ventures has invested in maritime cybersecurity startup Cequra, signalling a shift in focus towards tools...

Women in Maritime Day is usually framed as a moment to celebrate progress, but it also exposes something the industry still struggles to fully address: the gap between intention and reality.  Irene Rosberg, programme director for the Blue MBA and Blue...

Precious Shipping is continuing to expand its presence in the tanker segment through its Malaysian joint venture, marking another step in its broader strategy to diversify beyond dry bulk shipping.  The Bangkok-listed company confirmed that its associate Nusantara Maritime — in which Precious Shipping holds a 45% stake via a Singapore subsidiary — has agreed to acquire the 2012-built MR tanker High...

Seapeak is continuing to scale up its LNG carrier fleet with a new round of orders in South Korea, reinforcing...