Siem Industries has placed an order for two offshore subsea construction vessels (OSCVs) with China’s Fujian Mawei Shipbuilding, expanding its investment in specialized offshore energy infrastructure.
Read More
Boluda Towage has expanded its Norwegian fleet with the delivery of VB Norwegian Falcon, a new 90-tonne bollard pull escort tug built by Turkey’s Sanmar Shipyards.
Read More
Borr Drilling’s Prospector 5 offshore drilling rig sank off Mayumba, Gabon, late Saturday, killing one worker and leaving four people missing from the 115 personnel on board.
Read More
Maritime digitalization is gaining momentum across nine West and Central African countries as the International Maritime Organization (IMO) and the World Bank support efforts to improve port efficiency, cargo clearance and international trade.
Read More
Canada Pension Plan Investment Board (CPP Investments) and OMERS have agreed to sell their combined 63.9% stake in Associated British Ports (ABP) to a fund managed by IFM Investors, in a major UK port infrastructure investment deal expected to close in the first half of 2027.
Read More
Monaco’s yachting industry generated €659.7 million in revenue in 2025, marking a 16.3% increase since 2022 as yacht brokerage and specialised maritime services strengthened the Principality’s high-value marine economy.
Read More
Maersk will undertake its first planned ship drydocking in India when the Singapore-flagged container vessel Maersk Chattogram arrives at L&T Shipbuilding’s Kattupalli Shipyard near Chennai on 20 October 2026, subject to operational and weather conditions.
Read More
The U.S. Coast Guard has suspended its search for an estimated 11 people missing after a boat sank off Mexico’s Baja California coast, following the rescue of 16 people from the Pacific Ocean.
Read More
The 11,923-TEU container ship Espirito Santo Express was abandoned after a fire broke out on 15 October while the vessel was sailing from Singapore to Santos, Brazil.
Read More
The European Union and Greenland have reaffirmed their commitment to sustainable fisheries and blue economy development following a two-day visit by EU Commissioner for Fisheries and Oceans Costas Kadis to Greenland on 15–16 October 2026.
Read More
MSC Cruises has opened bookings for its 2029 World Cruise, a 119-night voyage aboard MSC Magnifica that will visit 45 destinations across 21 countries.
Read More
China and the Republic of Korea (ROK) have conducted a joint maritime law enforcement patrol in the provisional measures zone under the China-ROK Fishery Agreement, strengthening cooperation on illegal fishing prevention, fisheries management, and marine resource conservation in the Yellow Sea.
Read More
GT Wings has expanded its wind-assisted propulsion technology portfolio with the launch of AirWing™S, a compact, lightweight Jet Sail designed to help smaller commercial vessels reduce emissions and improve fuel efficiency.
Read More
South Korean shipbuilder HJ Shipbuilding & Construction has completed its first US Navy maintenance, repair and overhaul (MRO) contract, strengthening its position in the international naval ship repair market.
Read More
Energy and commodities trader BGN has ordered four additional very large gas carriers (VLGCs) from South Korea’s HD Hyundai Heavy Industries in a contract valued at Won 625.8 billion ($465.4 million).
Read More