Latest news and insights from markets & deals.
Marketed global offshore rig utilisation has remained at 87 percent for five consecutive months, indicating an overall levelling out of the supply and demand balance, according to Westwood Global Energy Group. While over…
The Maria Angelicoussis-led shipping group is ramping up its fleet renewal programme across the tanker and LNG carrier sectors, with 13 newbuildings scheduled to enter service in 2026. By the end of the year, six LNG dua…
A Lloyd's Register advisory study has positioned 200,000-cubic-metre LNG carriers as a viable next step for fleet renewal, pointing to the benefits the larger vessels offer. The study found the vessels offer more cargo c…
UK-based over-50s cruise line Ambassador Cruise Line has acquired the 1999-built vessel Oceania Sirena from Norwegian Cruise Line Holdings subsidiary Oceania Cruises. The vessel, to be renamed Ambassador Ambella, will ho…
Evangelos Marinakis-led Capital Containers Ship Management has returned to the secondhand market in pursuit of feeder vessels. The Greek shipping company has emerged as the new owner of the 2023-built, 1,096-TEU vessel A…
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