Day: July 4, 2025

Performance Shipping eyes tanker acquisitions following $100m bond raise

Energy News Beat Greek tanker player Performance Shipping is looking to expand its fleet following a $100m raise on the Nordic bond market. The NASDAQ-listed company said proceeds from the raise will either go for tanker acquisitions or bond repurchases. An application will be made for the bonds to be listed on the Oslo Stock […]

Singapore files charges over last year’s fatal tanker collision

Energy News Beat AsiaOperationsRegulatoryTankers Malaysian Maritime Enforcement Agency Malaysian Maritime Enforcement Agency The Maritime and Port Authority of Singapore (MPA) has filed formal charges stemming from the deadly 2024 collision involving the Singapore-flagged Hafnia Nile and the shadow tanker Ceres I, an incident that drew international attention for both its human toll and its implications […]

Trump’s shipbuilding ambitions face enormous hurdles

Energy News Beat The White House President Trump’s ambitious plan to rejuvenate the US shipping and shipbuilding industries is encountering significant challenges, just months after its announcement. Despite bipartisan support for revitalising the maritime sector as a matter of economic and national security, internal policy conflicts and administrative delays are hindering progress. A key setback […]

White House tariff deadline looms large on liner agenda

Energy News Beat Whitehouse.org Donald Trump and tariffs are very much back in shipping news headlines, with one key deal seemingly agreed and plenty of others under negotiation ahead of a deadline next week. The July 9 expiration date for the White House’s pause on April’s reciprocal tariffs on a long list of countries is […]

Perdana Petroleum wins anchor handler work

Energy News Beat AsiaOffshore Malaysian offshore marine support services firm Perdana Petroleum has won a new contract for the charter of an anchor handling tug and supply (AHTS) vessel. The contract was awarded to its wholly owned subsidiary, Perdana Nautika, and will last for 120 days. The identity of the client was left undisclosed due […]

New consortium to explore floating nuclear power in the Mediterranean

Energy News Beat Glosten Shipping nuclear propulsion start-up CORE POWER, ABS, and Athlos Energy have formed a consortium to evaluate the potential of floating nuclear power plants (FNPPs) to meet the energy demands of islands, ports, and coastal communities in the Mediterranean Sea. The group will research how FNPPs can potentially unlock a range of […]