Two Australian liquefied natural gas cargoes are sailing to Chile in what would be the South American country’s first shipments from that origin in over three years, according to ship-tracking data. More cargoes going towards the Atlantic versus the Pacific would increase competition between the two basins and could tighten supply and support spot LNG […]

ADNOC Logistics and Services (ADNOC L&S) achieved record financial results for the full year of 2025, recording revenue of $5.016 billion. The figure represents a 41 per cent increase compared to the previous year, according to the company. The group reported that earnings before interest, taxes, depreciation and amortisation (EBITDA) rose 32 per cent to […]

“As the only fully integrated maritime systems supplier in Europe, we are ideally positioned to meet the needs in all dimensions of our industry.” Sales are now expected to rise by two per cent to five per cent in 2026, from a previous range of minus one per cent to up to two per cent. […]

Estonian police have investigated the damage to Estonian telecom cables, while the owner of the Russian cable, state company Rostelecom, has said it won’t seek compensation. Early on, China’s foreign ministry promised both Finland and Estonia to assist with the investigations, while calling for an objective and fair probe. Ian Chan, a prosecution lawyer for […]

Malaysia’s state energy firm Petroliam Nasional (Petronas) on Wednesday launched a new round of bids for nine oil and gas exploration blocks across the country. The exploration blocks on offer are in the Sandakan and West Sarawak basins off Borneo, as well as the Malay basin off Peninsular Malaysia, it said in a statement. The […]

Norwegian fishing company Leinebris recently took delivery of a new fishing vessel capable of longlining, seining, and net fishing. The Skipsteknisk-designed vessel, which is also named Leinebrishas an LOA of 67.3 metres, a beam of 15 metres, and electrically-driven deck equipment to help minimise environmental impact. The vessel is able to seamlessly switch between longlining, […]

The Philippine Coast Guard and other partners have deployed assets in response to a ship grounding incident that occurred off the coast of the Philippines’ Oriental Mindoro province on Monday, February 9. The locally-registered Espada had earlier departed the Port of Calaca in Batangas province and was en route to Bais in Negros Oriental province […]

The MES deployment forms part of an extensive testing and commissioning program that will continue in the lead-up to the vessel’s delivery to South America. The 130-metre ferry recently began undergoing harbour trials, during which it moved under its own battery-electric propulsion. Incat said the trials represented the first time a ship of this size […]

Finnlines welcomed more than one million passengers in 2025, which the company said is an indicator of strong demand for its passenger services across the Baltic Sea. The total number of passengers, including professional drivers and private travellers, reached 1,021,000, representing an increase of nine per cent compared to 2024. Private passenger numbers grew by […]

The diversification Baskan mentioned is being implemented to address the maritime construction industry’s gravitation towards platforms that boast higher specialisation and more capable intelligent systems. “Rather than generic vessels, the demand is shifting towards purpose-built designs optimised for very specific operational profiles, such as offshore energy, defence, and industrial support. We expect an increased focus […]