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Eneti Issues $200M in Stock to Fund Wind Vessel Newbuilds

Eneti Issues $200M in Stock to Fund Wind Vessel Newbuilds

On Monday, offshore wind vessel company Eneti - formerly Scorpio Bulkers - announced that it will be selling an additional $200 million in stock to support its newbuild construction program. Its share...

NYK Unveils a Fuel-Efficient Supertanker

NYK Unveils a Fuel-Efficient Supertanker

Japanese shipping giant NYK Line has taken delivery of a very large crude carrier (VLCC) that promises to consume much less bunker fuel than the supertankers of yesteryear. The company announced th...

Three Killed While Decommissioning Aging FSO Off Libya

Three Killed While Decommissioning Aging FSO Off Libya

Last week, three workers were killed during the decommissioning of an aging FSO off the coast of Libya, according to operator Mellitah Oil & Gas. Mellitah put the Sloug up for bid in early 2020, of...

U.S. Navy Christens its First Ship Named After an Openly Gay Officer

U.S. Navy Christens its First Ship Named After an Openly Gay Officer

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Scandlines Orders Hybrid, Battery Ferry for Zero Emission Operations 

Scandlines Orders Hybrid, Battery Ferry for Zero Emission Operations 

Danish shipping company Scandlines announced the next step in the evolution of emissions-free shipping ordering its first ferry capable of maintaining normal service operating entirely on battery powe...

Port Everglades and San Juan Continue Cruise Ramp-Up

Port Everglades and San Juan Continue Cruise Ramp-Up

The cruise industry is continuing to move forward with efforts to restore more of its ships to service with the focus shifting to North America and operations in the Caribbean for the winter of 2021-2...

DSF Thinks Decarbonization Will Shrink the Shipping Industry

DSF Thinks Decarbonization Will Shrink the Shipping Industry

In a forecast issued last week during the COP26 summit, Danish Shipping Finance (DSF) predicted that decarbonizing the global shoreside economy will result in a smaller shipping industry - indirectly...

New 3.6 GW U.K. Offshore Wind Farm Will Use Largest Turbines

New 3.6 GW U.K. Offshore Wind Farm Will Use Largest Turbines

The competition continues to design the largest offshore wind farms that will meet the increasing demands for renewable energy. Developer Vattenfall and turbine manufacturer Siemens Gamesa announced t...

Maersk Expands Terminals with Agreements in Croatia and Saudi Arabia 

Maersk Expands Terminals with Agreements in Croatia and Saudi Arabia 

Shipping major A.P. Moller-Maersk is continuing to move forward with its business strategy designed to build the company’s logistics operations as part of the plan to expand as a full-service supplier...

Qatar Places First South Korean LNG Orders in Expansion Program

Qatar Places First South Korean LNG Orders in Expansion Program

QatarEnergy has begun to move forward with its plans to build out its shipping fleet to support the expansion of its LNG operations. The recently rebranded state energy company placed the first of six...