Konecranes posts steady Q1 performance despite lower sales

AKOFS Offshore Inks New Vessel Deal with Petrobras

Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will

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Orange Marine Orders Two More Cable Laying and Repair Vessels from Vard

Norwegian ship designer and builder VARD has secured on order from France’s Orange Marine for two additional cable laying and repair vessels of the VARD 9 03 design, to be built at

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One Dead After RoPax Fire Off Singapore

A fire onboard the Liberia-registered passenger vessel World Legacy while it was en route to Singapore has resulted in the death of one crew member.The incident occurred on February 20 at about

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Hanwha Ocean Partners with Ontario Shipyards

Hanwha Ocean and Ontario Shipyards have signed a strategic Memorandum of Understanding (MoU) to accelerate the return of large-scale shipbuilding in Ontario and to strengthen Canada's ability to deliver future naval programs.In

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LR Verifies Performance Assessment Methodology for Jet Sail

GT Wings has secured Lloyd’s Register (LR) verification of sea trials performance assessment methodology for its AirWing™ Jet Sail technology.The announcement follows some 10 months of commercial operation of a 20-metre AirWing™

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Denmark Holds Iran-flagged Vessel

Denmark's maritime authority said on Thursday it had detained and inspected an Iran-flagged container vessel anchored in the Nordic country's waters on the grounds that it was not properly registered.The ship, using

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Mexico Navy Seizes Cocaine Carrying Submarine

The Mexican navy intercepted a submarine carrying up to four tons of cocaine along the Pacific Ocean off the country's West coast, Mexico's Seurity Minister Omar Garcia Harfuch said on Thursday."In the

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Great Lakes Iron Ore Trade a Near Match to January 2025

Iron ore shipments on the Great Lakes totaled 2 million tons in January, a near match to 2025. Loadings were below the month’s 5-year average by 14.5 percent.Since 1880, Lake Carriers’ has

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BOEM Proposes BBG3, Third Gulf of America Lease Sale

The Bureau of Ocean Energy Management announced a Proposed Notice of Sale for the third offshore oil and gas lease sale under the One Big Beautiful Bill Act. The proposed lease sale, known