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Trump Administration Sued Over Two Deaths in Venezuelan Boat Strike

Family members of two men killed in a U.S. missile strike against a suspected drug boat near Venezuela filed a wrongful death lawsuit on Tuesday, alleging the pair were murdered in a

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Stena Bulk Becomes Majority Shareholder in Golden Stena Baycrest

Tanker shipping company Stena Bulk announced it has acquired an additional shareholding in Golden Stena Baycrest Tankers (GSB) from Bay Crest, becoming the majority shareholder in the joint venture. Following the transaction,

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Lloyd’s Register Enhances CAP Thickness Analysis for Tankers

Lloyd’s Register (LR) has introduced significant enhancements to its Condition Assessment Program (CAP) Thickness Measurement Analysis process, designed to improve consistency, transparency and predictability in the assessment of tankers built…

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BIO-UV Group, Microwise to Tackle Port-Side Ballast Water Treatment

BIO-UV Group has announced a strategic partnership with water-monitoring specialist MicroWISE to develop new ballast-water treatment and verification solutions designed to address rising enforcement pressures and the anticipated growth of port…

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Nam Cheong Sells 3,000 DWT Platform Support Vessel for $19.8m

Nam Cheong Limited, one of Southeast Asia’s leading Offshore Support Vessel (OSV) providers based in Sarawak, Malaysia, has announced that the Group has entered into a sales agreement with an Indonesian customer

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Fincantieri Launches Italian Navy’s Hydro-Oceanographic Ship

Fincantieri has launched Italian Navy’s newly built hydro-oceanographic ship (N.I.O.M.) Quirinale at its integrated shipyard in Riva Trigoso, marking a milestone in Italy’s maritime research and monitoring capabilities.The vessel, designated N.I.O.M.

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Golden Energy Sells Two Offshore Support Vessels

Norwegian vessel owner and operator Golden Energy Offshore Services has signed binding agreements to sell two offshore support vessels for a combined gross price of about $57.25 million, completing a previously announced

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Ship Recycling Industry Playing “Musical Chairs”

Indian sub-continent ship recycling markets have been reflecting on what has been escalating on the international stage of late, reports cash buyer GMS. The company notes extremely turbulent effects emanating week after

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Stolt-Nielsen Looks for Partner in LNG Venture

Stolt-Nielsen, through its subsidiary Stolt-Nielsen Gas, has confirmed it is in discussions with a strategic buyer, regarding the potential sale of up to 50% of its interest in Avenir LNG.Avenir LNG is