Sector
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Royal IHC gets new owners
Dutch shipbuilder and equipment supplier Royal IHC is getting new owners after a heads of agreement was reached with a…
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D’Amico and Glencore offload product tanker
Glenda International Shipping, a joint venture between d’Amico Tankers and Glencore, has sold 2010-built MR product tanker for $19m. The…
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Borr Drilling offloads pair of jackup rigs
Offshore driller Borr Drilling has sold a pair of jackup rigs for a total of $15.8m. The rigs offloaded are…
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Golden Energy Offshore lays up three
Norway’s Golden Energy Offshore Services has placed three of it’d vessels into temporary layup due to the severe reduction in…
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Ships roar their support as #HeroesAtSeaShoutout campaign rings out across the world
In scenes not heard for generations people living in port cities around the world today experienced a rousing collective roar…
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Maersk Drilling secures extension from Equinor at Martin Linge
Maersk Drilling has been awarded a four-well extension by Equinor for 2014-built jackup rig . The extension will commence in…
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Reach Subsea awarded North Sea contract
Norway’s Reach Subsea has been awarded a contract from a new client providing survey and construction support in the North…
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Dry bulk heading towards ‘sweet spot’: John Michael Radziwill
As most of the world remains in some form of lockdown there’s an alternative way of looking at this extraordinary…
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International Transport Forum warns governments to be careful bailing out debt-laden carriers
The International Transport Forum (ITF), which works under the auspices of the Organisation for Economic Co-operation and Development (OECD) in…
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Keppel Offshore & Marine reduces local workforce by over 20,000
Singapore’s Keppel Offshore & Marine has temporarily reduced its workforce by more than 95% at its local yards due to…
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Weekly Broker: Vintage VLCCs dominate
The sale and purchase market in general continues be gloomy this past week especially the dry bulk market with April…
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Vetting storm brews around Fairweather Steamship
Vetting organisation RightShip has placed technical shipmanagers Fairweather Steamship from Hong Kong on its high risk list after the captain…
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Seanergy lands new capesize charter with Glencore
Greek capesize specialist Seanergy Maritime Holdings has sealed a new charter for one of its 10 capesizes and an extension…
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PetroChina swings to $2.3bn Q1 loss and Shell cuts dividend for first time since 1945
Giving an idea of the tough times ahead for international energy majors ahead this year, PetroChina yesterday revealed a net…
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Wison enters large-scale LNG carrier market with new design
Chinese offshore yard Wison Offshore & Marine is looking to enter the large scale LNG carrier market after the company’s…
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Panama Canal makes temporary changes to help clients during the pandemic
To help mitigate the economic impact of the Covid-19 pandemic, the Panama Canal has announced a temporary adjustment to its…
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Reach Subsea and MMT secure survey contract from Equinor Wind
Reach Subsea and joint venture partner MMT have been awarded a contract by Equinor Wind for geophysical survey services. The…
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Climate Bonds Initiative turns to shipping
The Climate Bonds Initiative, an investor-focused not-for-profit organisation founded nine years ago, has published a draft shipping criteria and opened…
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BoComm Leasing confirms order for 12 LR2 tankers at CSSC for Shell charter
BoComm Financial Leasing, the leasing arm of Bank of Communiciations, has entered into shipbuilding contracts with two CSSC yards for…
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Splash Extra: Chinese ship leasing feels the heat
The precarious state of many Chinese ship leasing houses – and their heavy exposure to the troubled aviation sector –…
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