Sector
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CMB inks Yangfan boxship deal
Antwerp-based maritime group Compagnie Maritime Belge (CMB) via box subsidiary Delphis has placed orders for up to eight ice-classed (1A)…
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Democratising the smart port in the last mile
The resources and tech to become a smart port are unevenly distributed – and it’s causing a dangerous gulf in…
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CSSC Shipping fixes suezmax deal with the Restis family
Greece’s Restis family has sold a suezmax to CSSC Shipping, according to a release on the Hong Kong Stock Exchange…
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Borealis snaps up another boxship bargain
Christoph Toepfer’s Borealis Finance continues to wheel and deal in the secondhand boxship market with the acquisition of a geared…
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Scorpio Bulkers sells another ultramax
Monaco’s Scorpio Bulkers has entered into an agreement to sell the 2016-built ultramax bulker for around $18.25m. Delivery is scheduled…
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Go Marine awarded AHTS contract by Santos
Australia’s Go Marine Group has been awarded a contract by oil and gas producer Santos for 2009-built anchor handling tug…
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Fugro awarded Dutch offshore wind contract
Subsea and geotechnical company Fugro has been awarded three geotechnical investigation contracts by Netherlands Enterprise Agency (RVO) for offshore wind…
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Swedish consortium develops AI-powered ship operation support system
A group of Swedish technology entrepreneurs and academics have joined forces to accelerate the research and development of an artificial…
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Rolls-Royce acquires ship control systems firm Servowatch
Rolls-Royce has acquired UK-based marine control systems firm Servowatch Systems from India’sLarsen & Toubro. Servowatch will significantly expand the ship…
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VLGC spot rates hit five-year high, closing in on $100,000 a day
Spot rates for VLGCs are on the cusp of hitting $100,000 a day, having hit highs in recent days not…
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Seacor Holdings sold to private equity for $1bn
Wall Street is losing another name in shipping. US transport and logistics firm Seacor Holdings has entered into a definitive…
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Battered ONE Apus moors at Kobe
The battered moored at the port of Kobe today. The full scale of the box spill that occurred eight days…
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Seaspan orders five 12,200 teu boxships backed by 18-year charters
Seaspan Corporation has sealed an order to build five 12,200 teu containerships backed by 18-year charters worth a total of…
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Maersk Tankers sells 14 MRs for $422m
Maersk Tankers has sold 14 product tankers to CDB Leasing for $422m, the Chinese bank revealed in a release to…
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Electronic bills of lading move ahead with new standards published
Bills of lading, among the most antiquated processes in the shipping industry, have been given the 21st century treatment today,…
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Diana Shipping seals capesize charter with NYK
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Japan’s Nippon Yusen Kaisha (NYK) for…
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Woodside commences search for new CEO as Coleman announces retirement
Australian LNG producer Woodside has announced that CEO Peter Coleman has advised his intention to retire in the second half…
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Yara sets out to supply shipping with green ammonia
Norwegian fertiliser giant Yara is turning its attention to providing ammonia as a new fuel for the shipping industry. “Ammonia…
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Scrubber 2.0: New carbon capture funnel unveiled
A Norwegian, Austrian team today unveiled scrubber 2.0, their version of a future funnel that can capture carbon among a…
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Shearwater GeoServices awarded Bay of Bengal survey by Reliance
Shearwater GeoServices has been awarded a 3D seismic acquisition contract in India’s Bay of Bengal by Reliance Industries. The survey…
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