Cantor Fitzgerald Raises Pfizer (PFE) PT to $27 Amid Shifting Obesity Data Focus

Russian Oil Tankers List Singapore as Destination, Export Flows Shift to China

Russian oil tankers are increasingly listing Singapore as their official destination, signalling a shift in export flows from India to China and growing concerns over Western sanctions, traders said and LSEG shipping data shows.LSEG

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Bureau Veritas Grants AiP to Greenroom Robotics’ Maritime Autonomy Software

Bureau Veritas Marine & Offshore (BV) has granted an Approval in Principle (AiP) to Greenroom Robotics for its maritime autonomy software, GAMA. This is the first time a maritime autonomy software, enabling

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U.S. Military Boards Suezmax Tanker Aquila II

U.S. military forces boarded a crude oil tanker in the Indian Ocean after pursuing it from the Caribbean, Defense Secretary Pete Hegseth said on Monday, accusing the vessel of breaching Washington's blockade

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Transocean to Acquire Valaris for $5.8B

Oilfield services firm Transocean RIG.Nsaid on Monday it will acquire peer Valaris VAL.N in an all-stock deal valued at $5.8 billion, expanding its exposure across deepwater, harsh-environment and shallow-water basins worldwide.Transocean shares

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CMB.TECH to Record $98M Gain from Sale of Two Oil Tankers

Belgian oil tanker group CMB.TECH has agreed to sell two very large crude carriers (VLCCs) in a transaction expected to generate a capital gain of about $98.2 million.The vessels sold are 2012-built,

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Cadeler’s Nexra Lines Up O&M Campaign in Taiwan

Nexra, Cadeler’s dedicated service concept, has signed a firm contract for the execution of an offshore wind operations and maintenance (O&M) campaign in Taiwan.The contract, with an undisclosed client, has an expected

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New PaxOcean Shipyard Opened in Singapore

PaxOcean, a part of Kuok Maritime Group (KMG), has opened a new S$200 million shipyard at 5 Jalan Samulun (5JS).The shipyard, situated in the Jurong Industrial Estate, spans 17.26 hectares and features

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Mitsui Develops Overhang Permanent Magnet Shaft Generator

Mitsui E&S and Taiyo Electric have developed an Overhang Permanent Magnet Shaft Generating System for large marine engines.Unlike Taiyo Electric’s conventional shaft generators installed on intermediate shafts, this new system is mounted

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Norway Expects More Russian Spying in the Arctic

Norwegian security services said they expect Russia to step up its spying on Norway this year, with a focus on the Arctic, and Moscow may commit acts of sabotage aimed at undermining