Tidewater is buying Swire Pacific Offshore (SPO) for $190m as Swire Pacific exits the marine business. US offshore vessel owner Tidewater is acquiring one of the longest standing names in Southeast Asian offshore as it bids to become one of the world’s largest OSV...

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The Lloyd’s Joint War Committee has added new segments of the Sea of Azov and the Black Sea coastline to its war risk designation for water near Ukraine, building on a previous advisory issued in mid-February.  The committee has extended its war...

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Dalian Shipbuilding Industry Co. Ltd. has ordered 2 × MAN B&W 7S35ME-GI dual-fuel engines in connection with the construction of two 7,500 cubic-metre, liquid CO2 carriers for Northern Lights, the joint venture between Equinor, Shell and TotalEnergies. Each ME-GI...

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The following transactions indicate how active NAT has been recently: Two six-year time charters with Oman interest concluded, securing cashflow, return and financial stability First drawdown for the $88 million newbuilding financing Sale of three Suezmax vessels...

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A new partnership between climate action solution provider Shift Clean Energy (Shift), SeaTech and Vitol, a leader in the energy sector, will provide Vitol’s bunker operations company, V-Bunkers, with Singapore’s first hybrid bunker tankers. They will be designed by...

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