SeaKapital was founded in April 2023 to source and provide capital to the shipping sector. Last August, the company also revealed a 50:50 joint venture, Continental Kapital Shipping, with Hong ...

More than 70% of respondents to Splash’s brand new survey conducted in association with Inmarsat believe ships will be crewed by fewer people onboard come the year 2035. Launched yesterday, the ...

Transocean has announced a change at the top for the Swiss-based offshore drilling giant as part of its multi-year succession plan. The New York-listed company’s long-serving chief executive ...

Cargill’s Ocean Transportation business and product tanker giant Hafnia have joined forces to launch Seascale Energy, a joint venture, combining Cargill’s existing bunker business Pure Marine ...

The extension will begin in direct continuation of the rig’s current contract, extending the commitment until July 2026. The total added contract value is around $50m. Earlier this week, Shelf ...

European Union countries have agreed to impose a new raft of sanctions against Russia, including those targeting the so-called shadow fleet used to circumvent restrictions on oil and gas exports.

Norwegian offshore vessel owner Eidesvik has teamed up with compatriots Agalas and Reach Subsea for another construction support vessel (CSV) newbuild at the Sefine Shipyard in Turkey. The vessel ...

A Russian Panama-flagged cargo ship carrying 3,000 tons of corn is sinking in the Sea of Azov after suffering a hull breach near the port of Azov in Russia’s Rostov region, according to local media.

A spate of blasts recorded across the Mediterranean on tankers that have recently called at Russian ports has security analysts concerned about a new form of attack targeting merchant shipping.

SK Shipping has a fleet of 62 ships according to shipping database Equasis, which lists the fleet as made up of 14 LNG carriers, 14 LPG carriers, 20 crude tankers, six product tankers and seven ...

The Canadian Coast Guard is assessing how best to refloat a containership that ran aground on Saturday morning off Newfoundland. The MSC Baltic III lost power outside the entrance of Bay of ...

The vessel will complete the integration of survey services and two of DOF’s ROVs in late February before starting the project mobilization. The Skandi Implementer was previously a part of ...