Sector
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Regulators scrutinise box shortages as container manufacturers ramp up production
Federal Maritime Commissioners Carl Bentzel and Daniel Maffei have sent a letter to John Butler, the president and CEO of…
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The year of the petty bureaucrat
2020 was the year in which shipowning companies who had not fitted scrubbers near the top of their ships’ engine…
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Scorpio sells another bulker, Thoresen and Eagle Bulk revealed as ultramax buyers
Monaco’s Scorpio Bulkers has announced the sale of 2015-built ultramax for around $16.5m. Delivery is schedule for the first quarter…
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Norden offloads two tankers, adds two bulkers
Danish owner and operator Norden continues to shift its exposure from tankers to dry bulk, revealing the sale of two…
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Weekly Broker: Busy shopping days ahead of Christmas
The secondhand tanker market has seen a great rebound in the past week with plenty of en bloc deals completed.…
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Italy’s Snam on the hunt for FSRUs and LNG tankers
The Italian energy infrastructure company Snam is looking for operators to provide LNG tankers and FSRU units on time charter.…
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SPDB Financial Leasing orders six panamax bulkers at Cosco Shipping Heavy
SPDB Financial Leasing, the leasing unit of Shanghai Pudong Development Bank, has entered into shipbuilding contracts with Cosco Shipping Heavy…
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Dominion Energy orders wind turbine installation vessel at Keppel
US-based Dominion Energy has placed an order at Singapore’s Keppel Offshore & Marine for the construction of a wind turbine…
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South Korea to build world’s largest floating wind farm off Ulsan
Korea Hydro & Nuclear Power (KHNP) has signed a memorandum of understanding (MOU) with OW Offshore, a Spanish offshore wind…
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Aker Offshore Wind further increases stake in Principle Power
Norway’s Aker Offshore Wind has further increased its ownership in offshore floating wind company Principle Power from around 39% to…
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REM Offshore orders wind farm service vessel
Norwegian OSV operator REM Offshore has placed an order at Green Yard Kleven for the construction of a wind farm service…
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Taiwan Navigation sells panamax bulker
Bulker operator Taiwan Navigation has announced it has offloaded a 16-year-old 77,000 dwt panamax bulker. Splash understands the vessel is…
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Aker Solutions awarded Johan Sverdrup hook-up contract
Aker Solutions has been awarded a contract to deliver hook-up and commissioning assistance of the P2 processing platform at Equinor’s…
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Gulf Oil Marine: Digital grease
Hong Kong-headquartered marine lubricant supplier Gulf Oil Marine is enhancing its digital technology offerings. Gulf Oil Marine was established in…
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BW Group acquires 39.1% stake in Navigator Holdings from WL Ross & Co
Wilbur Ross-founded private equity firm WL Ross & Co has agreed to sell a stake of around 39.1% equity interest…
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Banks show the carbon footprint of the ships they finance
In a first-of-a-kind climate finance report, 15 signatories of the Poseidon Principles have disclosed the climate alignment score of their…
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The consensus for an effective carbon price for shipping
Channoil Consulting in collaboration with Gibson Shipbrokers have produced a paper offering views and analysis of the route to 2050,…
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SM Line launches bid to take over Hanjin Heavy
SM Line, the four-year-old Asian containerline, is one of three local bidders keen to acquire South Korea’s oldest shipbuilder, Hanjin…
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UK flag overhaul looks to Singapore for inspiration
The UK Shipping Register could be in for a big overhaul next year with the Financial Times reporting Britain wants…
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Langh Ship adds feeder boxship pair
Finnish owner Langh Ship has expanded its fleet with the acquisition of two 889 teu containerships from Germany’s Leonhardt &…
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