California's 'Bitcoin Jesus' pays $50M in tax evasion case

CK Hutchison Concessions Annulled for Two Ports Along the Panama Canal

Panama's Official Gazette on Monday published a court ruling formally annulling Hong Kong's CK Hutchison Holdings concessions for two ports along its strategic canal, after ruling late January the contracts violated the constitution.CK

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The Swedish Club Reports 99% Retention, Increased Tonnage at 2026 Renewal

The Swedish Club (TSC) has concluded its 2026 P&I renewal with a 99% retention rate.Over the past 12 months, The Swedish Club has attracted new entered tonnage with an increase of nearly

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GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania

Retrofit specialist GLO Marine has announced a $7 million (€6 million) investment in a new integrated assembly and production facility in Galați, Romania, as it seeks to expand its end-to-end vessel upgrade

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Fincantieri Launches First Next-Gen Offshore Patrol Vessel for Italian Navy

Fincantieri has launched the first next-generation Offshore Patrol Vessel (OPV) for the Italian Navy at its Riva Trigoso shipyard, marking a milestone in a four-ship program led by Orizzonte Sistemi Navali, a

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SeaBird Exploration Nets Contract Extension for Seismic Survey Vessel

Norwegian marine seismic survey services firm SeaBird Exploration, part of SED Energy Holdings, has secured a contract extension for its Fulmar Explorer seismic survey vessel.SeaBird Exploration has signed a three-month contract extension

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Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Seatrium has put in motion a series of non-core asset divestments set to complete by early 2026, targeting over $40 million (S$50 million) in annualized operational cost savings.The Singapore-based offshore and marine

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Tidewater to Acquire Wilson Sons Ultratug Offshore in $500M

All-Cash Deal, Expanding Brazil FootprintTidewater Inc. (NYSE: TDW) has signed a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, WSUT) in an all-cash

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Call for Australian Government to Take Up Sustainable Seafarer Welfare

On the 20th anniversary of the Maritime Labour Convention, the NGO Human Rights at Sea has called on Catherine King, Australia’s Minister for Transport, to take action on the consistent provision of

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Passengers Evacuated from World Legacy

All 271 passengers from the Liberia-registered passenger vessel World Legacy have been safely evacuated.The fire occurred on February 20 while the vessel was en route to Singapore and resulted in the death