Seadrill Limited (“Seadrill”) NYSE: SDRL, a premier offshore drilling contractor, Kongsberg Maritime AS (“KM”), a global technology leader, and Hanwha Drilling a leading provider of offshore drilling services, today announced a strategic alliance to develop the next...

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Hempel A/S delivers its best financial result to date with free cash flow of EUR 259 million and the strongest adjusted EBITDA margin in the company history, achieving 18.2%, and an adjusted EBITDA of EUR 394 million. This reflects Hempel’s continued financial...

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Anemoi Marine Technologies Ltd (Anemoi) and Lloyd’s Register (LR) have published a new paper encouraging closer alignment between existing methodologies used to verify the performance of wind-assisted propulsion systems (WAPS). The research highlights how...

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Maritime companies face rising sanctions and compliance complexity as regulators increasingly expect risks to be detected before violations occur, according to a new report published by Marcura. The report “The Fragmentation Problem in Maritime Compliance” points to...

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Middle East escalation affects global shipping, oil prices The latest escalation in the Middle East is rippling quickly through trade. Oil and natural gas prices have jumped since US and Israeli strikes on Iran on 28 February. Brent crude – the international benchmark...

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The European Transport Workers’ Federation (ETF) welcomes today’s European Commission proposals for an EU Port Strategy and an EU Industrial Maritime Strategy, insisting that workers must be placed at the heart of both initiatives. ETF stands ready to engage...

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