The collaboration builds on a six-month initial Enterprise AI production deployment program conducted at Ingalls Shipbuilding ...

Bunker prices mostly declined at ports around the world on Monday, with global average LSFO prices falling for a sixth consecutive trading session, Ship & Bunker reports. Ship & Bunker's G20-VLSFO ...

LNG Canada says that it has successfully loaded a first cargo of liquefied natural gas that is now destined for global markets, marking the start of operations at Canada’s first large-scale LNG export ...

Equinor says it has struck oil in exploration well 7720/7-DD-1H, Drivis Tubåen, on the Johan Castberg field in the Barents Sea. The well was drilled in the Drivis structure on the Johan Castberg field ...

With the invention of the SRP in 1950, ships could – for the first time – use the full power of their propulsion system for manoeuvering ...

The port handled 774,698 TEUs (twenty-foot equivalent units) through the month, showing strong resilience through its diversified supply lines despite tariff-related uncertainties across the supply ...

MacGregor announced that it has secured an order from Hapag-Lloyd for its fully automatic twistlocks (ACV-1) “Hippo”, designed to improve cargo handling efficiency. Twistlocks are used to secure ...

(DBJ) and ClassNK, ClassNK evaluated the LPG dual-fuel LPG/ammonia carrier “CRYSTAL ODYSSEY” (IMO 9997177), which is owned by Kumiai Navigation (Pte) Ltd (Kumiai Navigation). DBJ provided financing to ...

According to the restructuring plan, CSSC intends to issue A shares to all CSIC shareholders for a share exchange merger. Among them, CSSC is the absorbing merger party and CSIC is the absorbed merger ...

The World Shipping Council (WSC) has released its annual Containers Lost at Sea report, showing that 576 containers were lost at sea in 2024. While this represents an increase from the record-low 221 ...

Shell, a UK-based energy company, has initiated production at the Ormen Lange phase III project in the Norwegian Sea, 120 kilometers northwest of Kristiansund, Norway. This phase enhances gas recovery ...

The total value of the order is 1.3963 trillion won (approximately US$1.03 billion), with each vessel costing approximately US$258 million. According to Clarkson data, the market price for LNG ...