News

Mermaid Maritime forms joint venture with ATE Energy

The Taiwan-based JV will focus on energy and offshore activities.

Marco Polo Marine inks maiden ship repair deal for fourth dry dock

The company also bagged a ship repair and maintenance agreement.

Autonomous underwater vehicles market to reach $2.9b in 2025

Thanks to energy exploration and underwater surveys, amongst others.

PIL launches new office in Uruguay

This marks its expansion in South America.

Charles Taylor names new Asia director of Marine Technical Services

Gordon Tennant has over 40 years of maritime industry experience.

Marco Polo Marine's net profit down 3% in H1

It remains optimistic amidst a stable offshore oil and gas market and offshore wind expansion.

Hapag-Lloyd’s group profit down 16% in H1

Liner Shipping segment’s revenues increased, thanks to growth in the East-West trades.

HMM’s earnings up 5.7% in H1

The Shanghai Containerised Freight Index reflected weaker freight rates during the period.

DP World’s earnings double in H1

Thanks to a strong performance from ports and terminals.

Seatrium and Karpowership launch LNGTS Americas

This can be paired with powerships to deliver energy to areas with limited access.

Seatrium and Karpowership boost efforts for scalable maritime energy solutions

The partnership involves the integration of new generation powerships.

PIL completes cargo and LNG bunkering for Kota Ocean

This reinforces Singapore’s role as Asia’s bunkering hub.