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Taiwan Raids Evergreen Marine Offices in Insider Trading Probe

Taiwan Raids Evergreen Marine Offices in Insider Trading Probe

Taiwanese investigators have raided Evergreen Marine offices and other locations as part of an insider trading investigation into trades linked to the sale of EVA Airways. The Ministry of Justice Investigation Bureau sea…

Tue Jul 07 20267 min
Wood Thilsted and COP Frontier Launch Deepwater Wind Firm Neretek

Wood Thilsted and COP Frontier Launch Deepwater Wind Firm Neretek

Offshore wind engineering firm Wood Thilsted and COP Frontier have launched Neretek, a new company aiming to unlock the potential of deepwater offshore wind. The venture has developed a next-generation foundation, the Ne…

Tue Jul 07 20267 min
Panama Canal Tightens Draft Limits on El Niño Drought Fears

Panama Canal Tightens Draft Limits on El Niño Drought Fears

The Panama Canal Authority has imposed further draft restrictions at its Neopanamax locks in response to warnings of a potentially severe El Niño that could reduce water availability. The maximum authorised draft will dr…

Tue Jul 07 20266 min
Bahri Logistics Orders Two Offshore Vessels From Grandweld Shipyard

Bahri Logistics Orders Two Offshore Vessels From Grandweld Shipyard

Bahri Logistics, part of Saudi Arabia's Bahri Group, has signed a newbuild agreement with Grandweld Shipyard for two offshore vessels to strengthen its offshore operations. The vessels, believed to be 25-metre crewboats,…

Tue Jul 07 20266 min
US Tug Owners Expand Fleets as New Energy Terminals Open

US Tug Owners Expand Fleets as New Energy Terminals Open

US operators are expanding their harbour tug fleets with newbuild vessels in response to new energy export terminals on the Gulf Coast and larger container ships on the eastern seaboard. Shipyards across the country are…

Tue Jul 07 20264 min
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