World

The pressure on global shipping showed no signs of easing this week as the situation around the Strait of Hormuz continued to deteriorate.  Rather than moving toward stability, the key maritime corridor appeared...

Cargo theft is entering a new phase, and according to industry specialists, the most dangerous shift is happening inside legitimate...

New Jersey has released a revised version of its independent contractor rule, a development that is easing some of the initial backlash...

Hapag-Lloyd, the world’s fifth-largest container shipping line, slipped into loss in the first quarter as a combination of adverse weather...

Hexicon has moved to take full ownership of the Mareld floating offshore wind project in Sweden after reaching an agreement...

Turkey has officially identified four offshore wind development zones that will be opened to bidding under upcoming Renewable Energy Resource...

A fragile recovery in the Middle East offshore drilling market has been sharply interrupted as escalating regional conflict reshapes expectations for the jackup sector in 2026.  At the start of the year, London-based energy research firm Westwood had pointed to a long-awaited rebound in the global jackup market, expected to begin in mid-to-late 2026....

Norwegian offshore vessel owner DOF has agreed to sell one of its cable-laying vessels, the Skandi Connector, to South Korean cable manufacturer Taihan Cable & Solution, marking a strategic reshaping of its subsea fleet portfolio.  Built in 2016, the Skandi Connector will become the second cable-laying vessel in Taihan’s fleet, alongside the 2010-built Palos, and will also make Taihan only the second operator of such vessels in South Korea....

Teekay Tankers has taken another step in reshaping its crude carrier fleet, agreeing to acquire two Korean built suezmax resale...

A decade-spanning idea is about to turn into reality for Stuart Macdonald, a professional mountain guide based in the Alps, who is preparing to row solo across the Atlantic Ocean after first reading about the feat nearly twenty years ago. At the start of next year, he plans to take on what he has named the “Summit to Sea” challenge,...