Sector
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Weekly Broker: Boxships in hot demand
The secondhand bulk S&P market has again seen a bullish week with plenty of en bloc deals completed despite a…
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Stena sets out to become the world’s first decarbonisation exploration driller
Aware of the ongoing offshore green transition Stena Drilling has taken a preemptive step, signing a strategic framework agreement for…
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Vantage Drilling awarded new two-year contract by ONGC
Houston-based offshore driller Vantage Drilling International has been awarded a new two-year contract by India’s ONGG for 2010-built drillship .…
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Icon Offshore awarded jackup rig contract by Petrofac
Malaysian offshore service provider Icon Offshore has announced that subsidiary Perisai Offshore has secured a $13.3m contract from Petrofac for…
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COSL, Kongsberg and NOV form partnership to cut drilling emissions
COSL Drilling has teamed up with Norway’s Kongsberg Maritime and drilling equipment provider NOV to lanuch a green solution to…
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Ningbo Marine scraps elderly bulker
Chinese dry bulk operator Ningbo Marine has sold its 1988-built 64,900 dwt panamax bulker via auction. The South Korean-built vessel…
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Valaris drillship breaks from mooring in high winds
The 2010-built drillship broke from its mooring at Hunterston Terminal in Scotland on Tuesday evening and drifted away without power…
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Maritime employee survey launches
Halcyon Recruitment, Coracle Online and the Diversity Study Group are today launching their annual Maritime Employee Survey. Now in its…
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FSL Trust renews bareboat charters with James Fisher for product tanker quintet
Singapore’s FSL Trust Management has entered into agreements with James Fisher Everard to renew the bareboat charters for five product…
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California boxship queue sets new records
The extraordinary congestion seen at America’s main two west coast ports – now worse than the port lockout days of…
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Dry bulk orderbook at lows not seen since the historic bull run of 2003 to 2008
The global dry bulk orderbook is experiencing lows not seen since the start of the sector’s greatest ever bull run.…
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Maersk Essen tipped for swift service reintroduction
Maersk has given clients hope their delayed shipments on the 13,100 teu may get to Los Angeles within a couple…
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MSC accelerates secondhand boxship buying spree
Swiss-headquartered containerline Mediterranean Shipping Company (MSC) continues to snap up boxships in the secondhand market according to Alphaliner, acquiring eight…
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Star Bulk snaps up four kamsarmaxes and three ultramaxes from Scorpio
Nasdaq-listed Greek dry bulk owner Star Bulk Carriers has agreed a deal with Monaco’s Scorpio Bulkers to acquire seven bulkers.…
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Tianjin Southwest Maritime adds another VLGC at Jiangnan Shipyard
Chinese gas carrier operator Tianjin Southwest Maritime has placed an order at Jiangnan Shipyard for the construction of a 93,000…
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Iran allows crew of detained Korean tanker to head home
Iran has agreed to allow all bar one of the crew of the South Korean tanker to head home. The…
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New BIMCO clause aims to curb AIS abuse
International shipping association BIMCO is working on a charter party clause to help tackle potential abuse by sanctions busters of…
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Boa OCV awarded another offshore wind farm contract by DEME
Boa Offshore subsidiary Boa OCV has been awarded a new contract with DEME Offshore for the offshore construction vessel .…
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Coastal Contracts ventures into liftboat market with secondhand acquisition
Malaysia’s Coastal Contracts has announced that its wholly-owned subsidiary, Coastal Drilling, and its strategic business partner JUB Pacific has acquired…
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Cosco ordering semi-submersible vessel at GSI
Cosco Shipping Specialized Carriers has announced a plan to order a 80,000 dwt semi-submersible heavy lift vessel at Guangzhou Shipyard…
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