Danish shipowner and freight trader Navi Merchants has appointed Rasmus Saltofte as its new chief executive, adding a seasoned dry bulk executive to lead the Copenhagen Merchants Group subsidiary.

V.Group has bought Njord, the maritime fuel efficiency and decarbonisation platform founded by Maersk Tankers, for an undisclosed sum. Njord will continue to operate under its own brand and will ...

Norwegian offshore seismic vessel player Shearwater Geoservices is preparing to send out one of its vessels for a new multi-client seismic project offshore Nigeria. According to the company, the 3D ...

Dutch floater expert SBM Offshore has signed contract extensions for the lease and operation of the Mondo and Saxi Batuque FPSOs with an affiliate of ExxonMobil. The extension, awarded by Esso ...

The Zero Emission Maritime Buyers Alliance (ZEMBA), an alliance of freight buyers that includes major retailers — like members Amazon, IKEA and Nike — has announced that Hapag-Lloyd and North Sea ...

COSCO and Hapag-Lloyd’s new orders last week have lifted the total number of containerships ordered in 2025 to a record 633 ships for 5.08m teu, according to data from Linerlytica, surpassing the ...

Greek owner Element Shipmanagement has moved into the popular handysize segment, reshaping its once pure-play container strategy. The Piraeus-based outfit made its first move outside containers since ...

South Korea’s Hanwha Group has secured approval to lift its stake in Austal to 19.9%, becoming the Australian defence shipbuilder’s largest shareholder in a move expected to reshape naval-industry ...

UK-based wind propulsion company GT Wings has announced the close of a significant investment round led by Grieg Kapital, the investment arm of the Grieg Group. The Grieg Kapital investment included ...

Norway’s Knutsen Group has firmed up another LNG newbuild in South Korea, ordering a 174,000 cu m carrier at Hanwha Ocean on the back of a long-term charter deal with Italy’s Edison. The contract will ...

Belgian marine contractor DEME has secured a major role in Poland’s offshore wind expansion after winning three contracts covering foundation and cable installation work for the BC-Wind project in the ...

Mitsui O.S.K. Lines (MOL), Sinopec, and Marubeni have signed a memorandum of understanding (MOU) for the establishment of a long-term supply system for marine biodiesel fuel. This memorandum aims to ...