Fifty-three illegal migrants, including two babies, were dead or missing after a rubber boat carrying 55 people capsized off the coast of Libya, the International Organisation for Migration said on Monday. The boat departed from Zawiya on Thursday and then overturned off Zuwara on Friday, the IOM said in a statement, citing the survivors. Zawiya […]

Nexra has signed a firm contract to execute an operations and maintenance campaign across two offshore wind farms in Taiwan. The agreement is valued at more than €20 million ($22 million) according to a statement from its parent company Cadeler Group. The campaign is scheduled to begin in March 2026 and will run for a […]

U.S. forces boarded a sanctioned, stateless tanker that was underway in the Indian Ocean after reportedly tracking the vessel for over a month since it departed Venezuela. It is the first seizure by the U.S. in three weeks and the first time American forces have interdicted a vessel in the Indian Ocean as part of […]

Exmar has been selected by Cedar LNG Partners to provide marine and operational expertise for the floating liquefaction of natural gas unit, Megugu. The contract involves the management of marine operations and maintenance for the facility located in Kitimat, British Columbia, Canada. Cedar LNG Partners stated the project represents the world’s first indigenous majority-owned liquefied […]

Survivors of a shipwreck that killed 15 Afghan illegal migrants off Greece last week said that the dinghy they were in did not change course or ram a coastguard vessel, contradicting the official account by authorities. Fifteen people died in the shipwreck off the island of Chios on February 3. Two dozen others, including 11 […]

US container imports totalled 2,318,722 20-foot equivalent units (TEU) in January, exceeding the historical average for the month. This likely points to a more normalised trade environment shaped by steady demand rather than frontloading activity, Descartes said. Imports from China totalled 771,093 TEU last month. This was down 22.7 per cent from January 2025. China […]

Danish shipping company Maersk said on Monday it had signed an order for eight large container vessels to be built by China’s New Times Shipbuilding, for delivery in 2029 and 2030. The 18,600 TEU vessels will be equipped with dual-fuel engines able to operate on conventional bunker fuel or liquid gas, Maersk said in a […]

HD Korea Shipbuilding and Offshore Engineering reported a full-year operating profit of KRW3.9045 trillion ($2.8922 billion) for the 2025 fiscal year. This figure represents a 172.3 per cent increase compared to the previous year, according to a company earnings report released on February 9, 2026. The shipbuilding group achieved annual revenue of KRW29.9332 trillion, marking […]

New Zealand has shortlisted contractors to build a liquefied natural gas (LNG) import facility to boost energy security, provide a reliable backup power source and support economic growth, Energy Minister Simon Watts said on Monday. The government aims to sign a contract by the middle of this year for an import facility in Taranaki, on […]

India’s state refiners Indian Oil Corporation and Hindustan Petroleum Corporation have together bought two million barrels of Merey crude from Venezuela for delivery in the second half of April, two trade sources aware of the deal said. The crude will be carried on a single very large crude carrier with IOC taking about 1.5 million […]