Owners hold tankers back to raise rates after US sanctions bombshell
Tanker stocks outperforming other sectors after series of shocks
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January 2025
GRSE delivers next-gen electric ferry in West Bengal
India’s Garden Reach Shipbuilders & Engineers (GRSE) has handed over a newbuild battery-powered electric ferry to the government of West Bengal.
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Duo stepping in to steady the ship at Galp until new CEO is picked
Portugal’s oil and gas company Galp has appointed two board members as interim Chief Executive Officers (CEOs) following the resignation of the firm’s previous leader.
The post Duo stepping in to steady the ship at Galp until new CEO is picked appeared…
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International contractor hires Solstad vessel until end of 2027
Norwegian shipping company Solstad Offshore has secured a three-year contract award with an international […]
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ST Engineering Inks Deal to Build W2W Vessel
ST Engineering has signed a shipbuilding contract for the design and construction of a Walk-to-Work (W2W) vessel for an unnamed oil and gas company.The contracts marks ST Engineering’s expansion into the market for specialized vessels supporting…
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