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UAE-based asset management and investment banking firm Shuaa Capital has secured a financial boost for its marine offshore support vessel (OSV) segment. The Shuaa-managed fund has clinched a seven ...

He tells Splash Extra that the maritime industry is still grappling with understanding the full scope of the dangers involving Li-ion batteries, leaving shipowners, crews, and emergency responders ...

OSV rates have been incredibly firm throughout 2024. The OSV rate index managed by Clarksons Research is currently sitting at all-time highs beating out the previous peak recorded in late 2008 ...

Brazilian offshore service provider Ocyan, part of US-based institutional investor EIG, has signed a contract with Petrobras reportedly worth around 750 million reais ($134m) for maintenance and ...

A smooth pitch from Dutchman Jeroen van Heiningen, the founder of 123Carbon, saw him walk away as the winner of this year’s Captain’s Table, one of the world’s most prestigious maritime ...

China Merchants Energy Shipping (CMES) is gearing up to order the world’s first methanol dual-fuel very large crude carrier. The board of the Shanghai-listed energy transport unit of China ...

Germany’s Foroohari Schiffahrt has bought its biggest ship in its 28-year history. Alphaliner is reporting it has bought the scrubber-fitted 6,494 teu MH Hamburg for $32m. The 2009-built ship is ...

Another shipping line is showing an interest in airlines. South Korea’s Pan Ocean has bought a 5% stake in Hanjin KAL Corp, the largest shareholder of Korean Air Lines, spending $95m to become ...

China’s largest shipping line is deepening ties with the country’s top automotive brand. SAIC Motor will transfer a 5.8% stake in SAIC to COSCO, while COSCO will offer 5% of its listed company ...

Norway’s Grieg Edge, the sustainable innovation unit of Grieg Maritime Group, has been granted approval in principle by class society DNV for its green ammonia-fueled tanker. The concept ...