News
KKCG Maritime slams Ferretti board's opposition to tender offer, says Chinese shareholder influenced vote
3+ hour, 39+ min ago (267+ words) KKCG Maritime on Thursday rejected Ferretti's opposition to its "3. 90-a-share partial tender offer, saying directors nominated by controlling shareholder Ferretti International Holdings (FIH), a unit of China's Weichai Group, shaped the recommendation. The Czech investor argued that the bid was…...
Chile's tuna imports up by eight per cent YOY in 2025
5+ hour, 20+ min ago (349+ words) Chile imported more than US$156 million worth of tuna in 2025, up 8. 1 per cent compared to the previous year and the highest level in the past five years. According to data from the International Trade Centre, Chile's total tuna imports increased…...
Port of Los Angeles receives record funding for harbor maintenance
6+ hour, 2+ min ago (277+ words) The US Army Corps of Engineers (USACE) has allocated approximately $70 million to the Port of Los Angeles for harbor maintenance and navigational safety improvements. This funding is part of a record $131. 8 million distribution for the San Pedro Bay port complex....
New patrol vessel for Massachusetts State Police delivered
5+ hour, 27+ min ago (202+ words) Louisiana-based boatbuilder Metal Shark delivered a new patrol vessel to the Massachusetts State Police Marine Unit on April 7. The craft was constructed at the company's Franklin facility. Measuring nearly 61 feet (18. 6 metres) including an integrated dive platform, the vessel has a…...
Wagenborg CO2 carrier arrives in Denmark ahead of inaugural deployment
45+ min ago (184+ words) Dutch shipping company Royal Wagenborg has confirmed that Europe's first DP2 CO2 carrier has arrived at the Port of Esbjerg in Denmark following the completion of sea trials lasting two weeks. Given the ridiculous name of Carbon Destroyer 1, the vessel is specifically…...
Gas prices in Europe remain firm with LNG supply stuck in Persian Gulf
1+ hour, 32+ min ago (349+ words) Dutch and British gas contracts posted small gains on Thursday morning as optimism about a quick resumption of liquefied natural gas shipments through the Strait of Hormuz after the US-Iran ceasefire faded. The benchmark Dutch front-month contract at the hub…...
OPINION | A priority for India'Australia cooperation: underwater domain awareness
1+ hour, 40+ min ago (357+ words) India and Australia need to start cooperating in detecting, monitoring and understanding what's going on underwater. As submarines, especially small, uncrewed ones, proliferate in the Indian Ocean and adjacent waters, neither country should regard itself as strong enough in this…...
OMV expects energy price gains to cover war losses
1+ hour, 41+ min ago (276+ words) Austrian oil and gas group OMV said on Thursday it expected higher energy prices to more than offset disruptions to production and sales volumes caused by the war in the Middle East. Oil and gas prices soared following the joint…...
Ceasefire brings relief but leaves LNG industry with deep scars
6+ hour, 34+ min ago (423+ words) A Middle East ceasefire signals de-escalation, but the conflict has scarred the global LNG industry, denting confidence in Persian Gulf suppliers and raising doubts among Asian buyers, particularly poorer countries, over the fuel's reliability and affordability, a top industry executive…...
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6+ hour, 49+ min ago (17+ words) FEATURE | Trump rebukes NATO over lack of Iran war support in meeting with its chief'Baird Maritime...