In a sign of the times, Japan’s Mitsui OSK Lines (MOL), the world’s second-largest shipowner, will open a new office in Washington, DC. “As global challenges continue to evolve-ranging from ...

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In ...

The latest data from Alphaliner covering the world’s largest global terminal operators shows Hong Kong-based Hutchison Ports’ revenue leapt 11% last year to draw level with Singapore’s PSA ...

Offshore drilling contractor Vantage Drilling has received a conditional letter of award from an undisclosed client for the 2010-built drillship Platinum Explorer. The company stated that the ...

Non-Chinese shipowners can breathe a sigh of relief that they can still order most ship types risk-free in China, according to HSBC, following last week’s decision by the US Trade Representative ...

Several Republican-led states, Louisiana, Alabama, Alaska, Georgia, and Mississippi, filed a lawsuit to challenge Biden’s offshore drilling ban. After moving into the White House, US president ...

CMB.TECH will issue 95.9m shares to the remaining Golden Ocean shareholders, worth about $851m, at some 19% premium to the bulker owner’s closing price; however, Jefferies noted that the all ...

Advantage, which sold its oldest 2009 Bohai-built VLCC last September for $51m, should see the newbuilds delivered during the third quarter of 2027. Hanwha Ocean had earlier this year picked up ...

The FPSO was built by South Korea’s Daewoo Shipbuilding & Marine Engineering, and the construction deal was worth $1.2bn. It has an overall storage capacity of 2.2m barrels of crude oil. It ...

Malaysian oil and gas company Petronas has signed 11 memoranda of understanding to strengthen the country’s oil and gas services and equipment sector. The MoUs, focused on two key initiatives ...

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has designated Iranian national and liquified petroleum gas (LPG) “magnate” Seyed Asadoollah Emamjomeh and his ...

A total of 45 cases of piracy and armed robbery against ships were recorded in the first three months of 2025 – an almost 35% increase compared to the same period in 2024. The Q1 report ...