CMA CGM selects Cochin Shipyard in India to build six LNG-powered feeder ships, marking a major step in India’s emergence as a global shipbuilding hub.
MODEC and Equinor celebrate First Oil from the FPSO Bacalhau in Brazil’s Santos Basin, marking a major step in pre-salt development.
BP awards $700 million in offshore contracts to Saipem and BOS Shelf for the Shah Deniz Compression Project, expanding Caspian gas output.
The Port of Los Angeles recorded only one China-built vessel call during the week of October 12–18, following the implementation of new USTR fees targeting Chinese-owned and built ships.
The International Maritime Organization has postponed agreement on its Net-Zero Framework, delaying crucial climate regulations for the global shipping sector until 2026.
