The influence of family-owned businesses remains strong in shipping casting a strong influence on the potential for mergers and acquisitions in the sector.

Private Chinese shipbuilder Yangzijiang Shipbuilding announced the sale of a self-elevating mobile offshore jack-up drilling rig from a previously terminated contract.

AD Ports Group is growing its offshore marine business acquiring 10 vessels of Mexican operator E-NAV.

The nascent US offshore wind business continues to see fallout from the inflationary pressures which have emerged over the past year in the States.

Singapore-headquartered M3 Marine Group is expanding into Western markets with a new London office for its offshore marine broking business.

NY offshore wind faces obstacles: Gov. Hochul's veto, Equinor's Empire Wind project, and environmental concerns.

The US Government and federal agencies are resolute in their support for the offshore wind sector, despite a series of recent setbacks.

Kindon New Energy Technology was awarded RINA’s certificate of Approval in Principle for recognition of its offshore wind energy green hydrogen production system

Saudi Aramco is planning to acquire of 10% stake of China’s Shandong Yulong Petrochemical for oil products purchase and supply cooperation.