War-risk insurance premiums remain elevated in the Red Sea as underwriters await clarity from Yemen’s Houthi movement following the Gaza ceasefire deal.
DNB Carnegie suggests that Maersk Offshore Wind may exit the turbine installation segment following the cancellation of its $475 million newbuild WTIV for the Empire Wind project.
Hartman Seatrade’s MPP Polar Rock successfully transported large brewery tanks and equipment from Poland to Spain, showcasing its capabilities in specialized European cargo shipping.
PaxOcean has completed the successful redelivery of the CLV Bentang Bahari to PT Ketrosden Triasmitra, after a full conversion at its Batam yard, enhancing Indonesia’s subsea cable capacity.
