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Stealthgas Reports Record Second Quarter Revenues

STEALTHGAS INC., a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced yesterday its unaudited financial and operating results for the second quarter and six months ended June 30, 2025. OPERATIONAL AND FINANCIAL HIGHLIGHTS Strong profitability continued for the second quarter, with Net income of $20.4 million corresponding to …

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The Heavy-Lift Work Behind Seamless Out-of-Gauge Cargo Transport

In today’s uncertain and turbulent geopolitical and economic environment, Robert Blades, Global Commercial Sales Manager, Peters & May, highlights the increased level of technical research, preparation, loading expertise and industry insight required when managing the movement of oversized cargo on multi-purpose vessels In the world of project cargo transport, rare and complex challenges are unavoidable. …

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Baleària finalises the agreement to acquire the shipping company Armas Trasmediterránea

Baleària has reached an agreement with the owners of the Armas Trasmediterránea shipping company to acquire its business in the Canary Islands and Alboran Sea, as well as part of the Strait of Gibraltar, the majority of which has been acquired by the Danish shipping group DFDS. The deal, which is still pending approval from …

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Navigating Sustainability: Azra Tech and Neptune Shipping Lines Partner to Advance Green Maritime Solutions

Azra Tech, a pioneer in sustainable marine technologies, announces a strategic collaboration with Neptune Lines Shipping and Managing Enterprises SA, a leading short-sea car carrier operator in Europe and the Mediterranean, to support innovation in eco-friendly vessel performance. In July 2022, Azra Tech applied its groundbreaking biocide-free, ultra-low-friction hull coating system to the Neptune Aegli …

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Efforts ongoing to unlock West of Shetland trio’s hydrocarbon arsenal

Ithaca Energy, a North Sea oil and gas operator and producer, has reported significant progress toward unlocking long-term value creation in the West of Shetland area through targeted value-led investment into three oil and gas projects being developed on the UK Continental Shelf (UKCS). The post Efforts ongoing to unlock West of Shetland trio’s hydrocarbon …

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Biofuel-capable, diesel-electric cement carrier arrives home

MV Tamarack, an eco-friendly cement carrier, arrived at the Port of Montreal on August 22, 2025, completing its maiden transatlantic voyage and marking a major milestone in North American shipping. The post Biofuel-capable, diesel-electric cement carrier arrives home appeared first on Offshore Energy.

Seadrill JV’s drillship pair secures over 800 days in Angola

Sonadrill Holding, a joint venture between offshore drilling contractor Seadrill and an affiliate of Angola’s state-controlled oil company Sonangol, has won two contracts for a vessel pair from its fleet. The post Seadrill JV’s drillship pair secures over 800 days in Angola appeared first on Offshore Energy.

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