Sector
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Brazil closes Operation Car Wash investigation
Brazil has officially put an end to Operation Car Wash, one of the largest anti-corruption investigations in history. The operation,…
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Eastern Pacific focused on larger bulk tonnage
There have been a large number of modern ultramaxes sold this year. Arguably the most notable has been the sale…
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GEV and Ballard to develop hydrogen fuel cell for C-H2 ship
Australia’s Global Energy Ventures has entered into memorandum of understanding with Ballard Power Systems to design and develop a hydrogen…
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Vafias adds newbuild LPG carrier and secondhand bulker quartet
Greece’s Vafias Group has spent over $136m on a gas carrier newbuilding and four secondhand bulkers to expand its fleet.…
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D’Amico buys back product tanker
Dublin-based d’Amico Tankers, a subsidiary of d’Amico International Shipping, has exercised its $9.7m purchase option on 2005-built product tanker which…
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Maersk Drilling awarded two-well jackup contract by Aker BP
Maersk Drilling has secured a two-well contract with Aker BP for 2015-built jackup rig . The rig will finishing a…
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Sizeable chunk of the global VLCC orderbook removed
The global VLCC orderbook has seen a sizeable chunk removed this week. South Korea’s Hyundai Heavy Industries and sister yard…
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Bulk carrier detained at Antwerp’s Liberation Dock highlights continued crew change difficulties
The plight of the crew onboard the bulk carrier highlights both the ongoing crew change crisis and subsequent supply chain…
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China finally grants crew change for MSC bulker, coal carrier queue reducing
China has given crew change permission to a bulk carrier that has been waiting to unload Australian coal at Tangshan…
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New York Shipping Exchange: One winner from the container crunch
One winner from the ongoing container crunch is the New York Shipping Exchange (NYSE), an oasis of relative market calm…
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Hamburg Süd appoints new CEO as Vespermann steps down
German shipping line Hamburg Süd has announced the appointment of Poul Hestbaek as its new CEO, replacing Arnt Vespermann who will leave…
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Songa Container fetches bumper price for post-panamax boxship
Arne Blystad’s Songa Container has announced the sale of 2013-built 4,957 teu post-panamax boxship . The vessel was sold for…
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Titan LNG charters Green Zeebrugge long term from NYK
Ship fuel supplier Titan LNG is taking the on long term charter from Japan’s Nippon Yusen Kaisha (NYK). Previously known…
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Wallenius Wilhelmsen pays $18m fine and closes Australian car carrier investigation
Norwegian car carrier operator Wallenius Wilhelmsen has announced that the Federal Court of Australia has issued a fine of A$24m…
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Denmark to construct offshore clean energy hub in the North Sea
Denmark has approved a plan to build an artificial island in the North Sea as a clean energy hub. The…
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China to lead the way in offshore wind growth
While Europe has tended to hog the headlines of late, it is China that is expected to lead the way…
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Solstad Offshore offloads PSV trio
Solstad Offshore has announced the sale of three platform supply vessels. The 2007-built Sea Angler and 2008-built Sea Bass and…
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Maersk Drilling awarded long-term drillship contract by Tullow Oil
Maersk Drilling has received a conditional letter of award from Tullow Ghana for 2014-built drillship . The contract will commence…
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Transport giants join forces to make Scandinavia’s largest port fossil-free
In an effort to speed up the transition to fossil-free fuels in the transport sector, Volvo Group, Scania, Stena Line,…
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Wuhu Changneng Logistics orders supramax at New Dayang
Wuhu Changneng Logistics has announced that it has chosen New Dayang Shipbuilding in a tender process for the construction of…
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