Kanata and Hanwha Ocean Partner on $15.7 Billion Canadian Floating LNG Project
Kanata Clean Power & Climate Technologies and Hanwha Ocean are exploring a $15.7 billion floating LNG project in Canada
Container, dry-bulk, tanker and project-cargo coverage. Reformulated and entity-tagged daily from leading maritime publishers.
Kanata Clean Power & Climate Technologies and Hanwha Ocean are exploring a $15.7 billion floating LNG project in Canada
Diana Shipping has increased its takeover bid for Genco Shipping & Trading, adding a stock component to its latest offer.

Europe's offshore wind industry generated approximately 180,000 full-time equivalent jobs in 2025, according to new analysis

DP World is reportedly considering a return to managing US port facilities, specifically at a Texas port.
New research in Southampton is examining how emissions from the UK's busiest cruise port affect local air quality

Maersk has resumed Red Sea transits for its vessels following a three-month hiatus due to vessel shortages and high charter rates
Hunter Group has begun arbitration in London to recover $28.2 million in unpaid VLCC charter hire from a counterparty
Easterly Clear Ocean has completed the sale of its first chemical tanker fund and will now focus on dry bulk carriers.

Encomara's Squid technology for floating offshore wind turbine installation has received ABS design approval

A new Furetank VINGA series tanker will be named at the Port of Uddevalla on August 28, celebrating design collaboration
Global observable oil stocks are eroding at a record pace due to the US-Iran conflict, with further falls expected

Kosmos Energy has completed the sale of its non-operating offshore production assets in Equatorial Guinea to Panoro Energy
Ardmore Shipping has expanded its fleet renewal program by ordering two more product and chemical tankers from Wuhu Shipyard.

Importers are frontloading cargo at the Port of Los Angeles, driving an early peak season surge to counter rising fuel costs and trade…
Ohmium and Hynfra have partnered to develop green hydrogen and ammonia projects in Mauritania, Jordan, and Oman
Three60 Energy has secured a long-term contract with Vår Energi for drilling, wells, and subsurface project support.
Oktan Energy has deployed two new tankers, Kobe Pioneer and Yokohama Pioneer, boosting its marine fuel bunkering fleet.
Somali piracy has surged in the Western Indian Ocean, while geopolitical tensions are escalating maritime risks for commercial shipping
Container ship transits through the Suez Canal have increased, with 28 vessels recorded in the week ending June 14.
Container shipping costs from South Korea to the Middle East saw a third consecutive monthly increase in May.
Dutch hydrogen vessel operator Future Proof Shipping has filed for bankruptcy, with a trustee appointed for the proceedings
SpecTec's new AI-powered platform, AMOS Procure Smart, targets maritime procurement inefficiencies for fleet operators

Visayas Container Terminal in Iloilo has launched Maersk's PH6 service, improving international trade links for the region
Managed Money traders maintained a substantial net long position in soybean oil futures despite recent contract liquidations
Soybean futures hit a two-week high due to renewed Chinese import demand, while good US crop weather limited further gains
Oil prices extended losses as a potential U.S.-Iran deal suggested higher global supply, despite a large draw in U.S. crude inventories.
Urals crude oil prices hit a three-month low, influenced by expectations of a US-Iran deal and potential supply increases
US crude oil inventories decreased by 8.330 million barrels, less than forecasted, signaling mixed demand
The crude oil market is adapting to geopolitical recovery and increased supply, yet weak Chinese demand limits price gains

The IEA has lowered its 2026 global oil demand forecast, attributing the change to the Middle East conflict's impact
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