On Holding (ONON) Surges 21% on Earnings Blowout, Upbeat Outlook

Industry Responds Positively to US Offshore Lease Proposal

This week, the Department of the Interior issued the Draft Proposed Program for the next five year federal offshore oil and gas leasing program, and the response from industry has been positive.Under

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U.S. Court of Appeals Issues Decision in Case on Demurrage, Detention Billing Practices

On February 23, 2024, the FMC issued its Final Rule on Detention and Demurrage Billing Practices, as required by Congress under the Ocean Shipping Reform Act of 2022. The rule went into

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Makai Ocean Engineering Launches New Training Simulator for Submarine Cable Installations

Makai Ocean Engineering has released the Makai Simulator, a training tool that enables submarine cable installers to prepare MakaiLay operators in a safe, realistic, and cost-effective way, entirely from shore. Developed by

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Freire Shipyard Celebrates Keel-Laying of Dana V Research Vessel

Freire Shipyard has celebrated the keel laying of the new flagship research vessel for the Danmarks Tekniske Universitet (DTU -Technical University of Denmark). Measuring 70 meters length and 16 meters beam, with

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Port Esbjerg Strengthens its Port Control with EU Support

With support from the Interreg North Sea Program, an EU-funded cooperation aimed at driving ideas and solutions across the North Sea, Port Esbjerg has strengthened and modernized its Port Control. Featuring a

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Rondal’s Aero Wing Sail Receives Lloyd’s Register AiP

Lloyd's Register (LR) has granted Approval in Principle (AiP) to Rondal for its Aero Wing Sail, following completion of concept-level assessment activities in line with LR’s Guidance Notes on Wind Assisted Propulsion

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Chemical Vessel Ops target of Odfjell, Nissen Kaiun JV

Odfjell SE and Japan’s Nissen Kaiun Co., Ltd. have formed a new Bergen-based joint venture, Odfjell Hakata Maritime AS, marking a significant expansion of their long-standing partnership and adding substantial capacity to

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ZIM Delivers Solid Q3, Leans on Modern Fleet for Future Growth

ZIM Integrated Shipping Services reported third-quarter 2025 earnings that, while sharply lower year-on-year, demonstrate the carrier’s ability to generate meaningful profit and cash flow in an increasingly volatile global container market.

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Steerprop to Deliver its Largest Ducted Propulsion Units

Finnish propulsion specialist Steerprop has been selected to supply a complete propulsion package—including the largest ducted propulsors ever produced by the company—for a new rock installation vessel ordered by Jan De Nul.The