Stolt Tankers B.V., a subsidiary of Stolt-Nielsen S.A. (OsloBørs: SNI), announced on March 18 that it has cancelled a contract with SLS Shipbuilding Co. Ltd. of South Korea for the construction of a 44,000 dwt coated parcel tanker, the first in a series of four ships, citing extended delivery delays. The ship was originally scheduled for delivery in May 2008. All progress payments to date are covered by refund guarantees.
The European Union adopted fresh sanctions against Russian oil interests on Monday, targeting traders Murtaza Lakhani and…
American Cruise Lines has announced that 2025 was a record-breaking year for the company, including winning 23 awards—cementing…
Italy’s Cimolai Technology reached a major construction milestone on one of the largest crane projects currently underway in Europe…
With lower emissions and proven reliability, it’s the ready-now solution for cleaner port operationsAs demand for cleaner energy grows…
Expert support in world-leading navigation and integrated bridge systems for North America
In an industry defined by complexity, regulation, and razor-thin margins, maritime operators are under increasing pressure to simultaneously deliver performance, sustainability, and compliance.
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