Sector
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Tehama Shipping acquires third boxship
Dubai-headquartered Tehama Shipping, part of Saba Group which operates a container terminal at Iraq’s Umm Qasr South, has acquired its third…
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Waruna continues tanker buying spree
Waruna Nusa Sentana has acquired 2009-built small chemical tanker from China’s Ningbo Donghai Shipping, according to brokers. Seasure Shipbroking and…
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K Line wins Petronas gas contracts
Japan’s Kawasaki Kisen Kaisha (K Line) has penned contracts at Hudong-Zhonghua Shipbuilding in Shanghai for a pair of LNG carriers…
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Sovcomflot and Novatek JV seal financing and charters for LNG carrier quartet
Smart LNG, the new Russian venture between Sovcomflot and Novatek, has signed financing and time charter agreements for four icebreaking…
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Tristar secures LNG shipping contract from BP
Dubai-based integrated energy logistics group Tristar has secured a contract from BP to provide LNG shipping services. The four-year contract,…
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KNOT secures charters with Eni for newbuild shuttle tanker pair
Knutsen NYK Offshore Tankers (KNOT) has been awarded a contract by Eni for the charter of two newbuild LNG fueled…
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Shipping braces for extended factory closures in coronavirus-hit China
The global shipping industry is watching closely for any official announcement from Beijing on whether the Lunar New Year holidays…
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Ammonia’s advantages detailed in new report
A 33-page report from class society Korean Register (KR) has highlighted the advantages of ammonia as a ship fuel, the…
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80% of the VLOC orderbook now controlled by Chinese leasing companies
Four out of every five very large ore carriers (VLOCs) on order are controlled by Chinese leasing companies, data from…
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CSSC Shipping raising $800m to grow leasing business
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation (CSSC), has announced a plan to issue two bonds…
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Knutsen NYK Offshore Tankers orders aframax pair at DSME
Knutsen NYK Offshore Tankers (KNOT) has entered into shipbuilding contracts with South Korean shipyard DSME for the construction of two…
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Top Ships confirms tanker sales
Greek tanker owner Top Ships has announced the sale of two MR2 product tanker Stenaweco Elegance and Eco Palm Desert…
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Saipem awarded EPCI contracts worth over $500m
Italian offshore contractor Saipem has been awarded several EPCI contracts worth over $500m. Saudi Arabia’s Saudi Aramco has awarded Saipem…
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Noble Corporation secures new contracts
Offshore driller Noble Corporation has been awarded new contracts and extensions for two of its drilling rigs, according to the…
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APM Terminals unveils $250m port development in Georgia
Port operator APM Terminals has presented its plans for the development of a deepwater port at Poti to the government…
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Is Kenya’s Mombasa Port another victim of China’s debt diplomacy?
The crescendo around claims that the Belt Road Initiative (BRI) is nothing more than Chinese debt diplomacy to secure strategic…
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Dutch multinationals demand more transparent CO2 reporting per container
On the back of successful biofuel trials onboard the 18,000 teu from Rotterdam to Shanghai last year, the Danish carrier…
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Chartering 2.0
Will 2020 be the year Big Data changes the day-to-day business of chartering? The industry is not 100% convinced. Jason…
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IMO’s point man on air pollution steps down
One of the men most closely associated with shipping’s changing green regulatory scene over the past decade has moved onto…
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South Korea allocates $693m for domestic owners to modernise fleet
South Korea’s Financial Services Commission has announced that it would allocate KRW820bn ($693m) to help domestic owners to modernise their…
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