In a lawsuit filed in US federal court this week, the Texas-based dredging contractor alleged the beleaguered Kristian Rokke-backed shipbuilder was diverting resources from its $197m subsea rock ...

Britain’s sanctions enforcer says it has identified shipments of Russian crude and products that have used faked documents to suggest the oil was produced in another country. The Office of Financial ...

Canadian bulker owner CSL Group has made a move into offshore shipping with a new order and joint venture. The company said it has formed Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI) ...

Eyal Ofer’s Zodiac Maritime has boosted its tanker fleet with an order for a pair of two dual-fuelled aframax product carriers. The London-based shipping company has contracted New Times Shipbuilding ...

Dutch owner Vertom has returned to India to add to its big orderbook of cargo vessels. The company said it has contracted four 10,700-dwt geared tweendeckers at Chowgule and Company. The ships have ...

Wallenius Wilhelmsen has acquired one of its operated car carriers for a bargain price. The Oslo-listed company said it had used a purchase option to buy the 6,500-ceu Morning Celine (built 2009) ...

Odfjell Terminals Korea (OTK) will expand services and product handling capacity at its Ulsan terminal. The project, named E5, will increase OTK’s storage by 28% to exceed 400,000 cbm and facilitate ...

Ship engines are developing operational problems due to the use of biofuel derived from cashew nut shells, according to a fuel tester. CTI-Maritec is recommending owners do not use 100% cashew ...

Pilots in Brazil have refused to board some ships with faulty air-conditioning, leading to voyage delays while new units are fitted, said Norwegian insurer Gard. Temperatures of 30C to 35C in some ...

Head of research Giovanni Serio says petrol requirements may have peaked, but clean tankers will still be needed to import ...

The Swedish Club has joined other protection and indemnity providers with plans for a 5% general increase in premiums in 2025. Six of the eight members of the international group that have announced ...

Denmark’s Norden believes the complexity of FuelEU Maritime will benefit larger shipowners. Anders Birk, head of commercial, pool management, told TradeWinds: “We have a huge scale in Norden with both ...