Maritime News

RENFREW, Scotland--(BUSINESS WIRE)--Teledyne Gas and Flame Detection (Teledyne GFD), part of Teledyne Technologies Incorporated (NYSE:TDY), is responding to updated International Maritime Organization (IMO) recommendations for entering enclosed spaces aboard ships with gas detection solutions that help operators strengthen atmospheric monitoring and address evolving safety expectations. IMO Resolution MSC.581(110) broadens recommended gas testing protocols to include carbon dioxide alongside ot...

SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code: “BWLPG.OL”), the world’s leading owner and operator of LPG vessels, announces that it has signed a contract for the construction of eight 90’cbm Panamax Very Large Gas Carriers (VLGCs), for a total consideration of about US$940 million, subject to the final technical specifications. The newbuildings are expected to be delivered sequentially from the start of 2029 until the second quarter of 2030. “This newbuil...

SINGAPORE--(BUSINESS WIRE)--The Board of BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code: “BWLP”) is pleased to announce the appointment of Kevin James Mackay as a Member of the Board of Directors. Mr. Mackay brings with him more than 35 years of extensive global leadership and management experience across the maritime and energy industries. Over the course of his career, he has held a number of senior executive positions at leading international organis...

SINGAPORE--(BUSINESS WIRE)--BW LPG Limited (“BW LPG” or the “Company”, OSE ticker code: “BWLPG.OL”, NYSE ticker code “BWLP”) advises that the 2026 Annual General Meeting was held on 28 May 2026 at 11:30am Singapore time at 10 Pasir Panjang Road, Mapletree Business City #18-01, Singapore 117438. The following resolutions were passed: To adopt the Directors’ Statement, Audited Financial Statements and the Auditor’s Report. To re-elect the following persons as Directors: Mr. Andreas Sohmen-Pao Ms....

ABERDEEN, Scotland--(BUSINESS WIRE)--KNOT Offshore Partners LP (NYSE:KNOP): Financial Highlights For the three months ended March 31, 2026 (“Q1 2026”), KNOT Offshore Partners LP (“KNOT Offshore Partners” or the “Partnership”; NYSE:KNOP): Generated total revenues of $92.0 million, operating income of $14.7 million and net income of $2.6 million. Generated Adjusted EBITDA1 of $56.5 million. Reported available liquidity of $140.7 million at March 31, 2026, which was comprised of cash and cash equi...

NEW YORK--(BUSINESS WIRE)--Cushman & Wakefield's (CWK) analysis of 135 global logistics markets in its Waypoint 2026 report indicates that the proportion experiencing tenant‑favorable conditions is expected to fall from 52% in 2026 to 33% by 2029 as vacancy tightens and supply remains constrained. This shift in the balance of power will see 39% of markets experiencing landlord-favorable conditions in 2029, up from 26% in 2026. Demand for higher‑quality, strategically located assets is being...

STERLING, Va.--(BUSINESS WIRE)--JK Moving applauded the Supreme Court’s ruling that freight brokers can be held accountable under state negligence laws when hiring unsafe carriers....

HUDSON, N.H.--(BUSINESS WIRE)--FLIR Marine, a Teledyne Technologies (NYSE: TDY) company, today announced the launch of Ocean Scout Pro II, a next-generation handheld thermal imaging monocular engineered for professional mariners, marine law enforcement professionals and first responders who need reliable long-range detection and clear target identification in low-visibility conditions. Building on the award-winning Ocean Scout Pro platform, the FLIR Ocean Scout Pro II introduces new optics opti...

HOUSTON--(BUSINESS WIRE)--Global energy technology company SLB (NYSE: SLB) today announced an expanded collaboration with Vår Energi to scale well planning and integrated field development planning across its Norwegian Continental Shelf operations. With collaborative well planning already reducing cycle times from months to days and integrated field development planning expected to support similar benefits, the expanded deployment is designed to support faster, more consistent decision-making a...

LOS ANGELES--(BUSINESS WIRE)--Viking® (www.viking.com) (NYSE: VIK) today announced its 2028-2029 World Cruise itineraries, including the 142-day Viking World Cruise, on board the elegant Viking Vesta®. Departing Fort Lauderdale on December 21, 2028, the itinerary spans six continents and 31 countries, featuring 62 guided tours in distinct ports of call and overnight stays in 16 cities, before concluding in London on May 12, 2029. “Our approach has always been to focus on the destination,” said...