March 28, 2024
Al Seer and BGN venture seals funds for gas carrier newbuilds
ABGC DMCC, a joint venture firm of Al Seer Marine and BGN, has secured funding to support the construction of…
March 28, 2024
Petrofac wins more EPC work on ONEgas’ Southern North Sea assets
Offshore engineering specialist Petrofac has won a contract extension in the Southern North Sea with ONEgas West, a joint venture…
March 28, 2024
New CEO takes the helm as private investors buy Acteon
UK-based marine contractor Acteon has been bought by private equity investors Buckthorn Partners and One Equity Partners. According to Acteon,…
March 28, 2024
Insurers brace for record payouts from Baltimore bridge disaster
Records look set to be broken in terms of shipping insurance payouts following Tuesday’s ship allision in Baltimore which saw…
March 28, 2024
Sanctions see Russian tanker fleet in ballast
There is now clear data to show that sanctions are hurting Russian seaborne exports of crude. As of a month…
March 28, 2024
MSC moves to take over Genoese newspaper group
Cash-rich Mediterranean Shipping Co (MSC) has followed in the footsteps of CMA CGM by getting into the media business. The…