Sparebank 1 boss Benedicte Fasmer jumps ship for Telenor
CEO departs after three years at Norwegian shipping lender
US VLCC loadings head for record levels as fixtures boom
Favourable pricing encouraging at least 30 tankers to load, Kpler says
Biggest Hybrid Conversion Will Make Two Scandlines RoRos Plug-in Ferries
The biggest conversion project of conventional RoRo ferries into plug-in hybrid ferries will get underway in the second half of…
U.S. Navy Christens its Last Independence-Class Littoral Combat Ship
The U.S. Navy has christened the final Independence-class littoral combat ship, USS Pierre (LCS-38), bringing the controversial program one step…
Seaspan Reveals Design for Ammonia-Ready Feeder that Received AiP from LR
A new project involving containership owner Seaspan, Hamburg, Germany-based naval architecture firm Technolog, and Lloyd’s Register previewed a future design…
Mexico economy grows slightly more than expected in Q1
Mexico posted slightly better-than-expected economic growth in the first quarter of 2024 compared with the previous three-month period, national statistics…
Flex LNG: Russia May be Building a New "Dark Fleet" of Old LNG Carriers
Russia is likely in the early stages of assembling a new “dark fleet” of LNG carriers in order to sanction-proof…
The eurozone’s economic recovery gains momentum
The eurozone’s composite PMI increased from 51.7 to 52.3, led by a jump in the manufacturing output PMI. With inflation…
Cadeler Orders Another Wind Install Vessel as it Books its Largest Contract
With demand continuing strong for jack-up offshore vessels for the wind energy industry, Cadeler reported it is moving forward with…
US weekly jobless claims fall as labor market remains solid
The number of Americans filing new claims for unemployment benefits fell last week, pointing to underlying strength in the labor…