Sector
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What you don’t know can hurt you: Addressing the offshore market’s knowledge gap
Ian Nash from SPS Technology writes today on the importance of sharing know-how in the hard-hit offshore sector. The steady…
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Pacific Drilling ordered to pay $320m in Samsung Heavy dispute
Offshore driller Pacific Drilling has announced that an arbitration tribunal in London has ordered the company to pay $320m to…
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CSC Phoenix to acquire supramax bulker
Chinese domestic dry bulk operator CSC Phoenix has announced a plan to acquire a secondhand 50,000 dwt supramax bulker. The…
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Petrofac secures Scottish wind farm substation contract
Offshore engineering specialist Petrofac has entered into an agreement with SSE Renewables to design, supply and install the HVAC onshore…
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Fugro awarded offshore investigation contract
Fugro has been awarded a geotechnical site investigation contract for the Ten noorden van de Waddeneilanden Wind Farm Zone offshore…
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Diana Shipping seals new kamsarmax charter with Aquavita
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Aquavita International for 2013-built kamsarmax .…
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Yinson FPSO at Lam Son extended again
Malaysian FPSO operator Yinson Holdings has secured another extension to the charter contract with Petrovietnam Technical Services Corp (PTSC) for…
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VLCC rates tumble 40% in a week
Spot rates for the notoriously volatile VLCC sector have tumbled by more than 40% since last Friday, with many analysts…
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US and China trade deal unlikely to have immediate impact on shipping
The US and China have signed the first phase of a broader trade pact on Wednesday, however analysts aren’t confident…
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Skou hits out at EU competition laws
European competition laws are holding the continent’s top conglomerates back from becoming global champions, unable to compete with American and…
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Shanghai port retains top box billing
Shanghai port has maintained its top position for a 10th consecutive year in terms of container throughput in 2019 with…
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Ammonia-fuelled tanker project moves ahead
Malaysia’s flagship carrier MISC along with Samsung Heavy Industries (SHI), Lloyd’s Register (LR) and MAN Energy Solutions have announced that…
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Weekly Broker: Bargain hunters in search of January sales
The sale and purchase activities for secondhand dry bulk vessels have picked up in the second week of 2020 with…
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Sea Pioneer takes Japanese kamsarmax
Greek wet and dry player Sea Pioneer has taken a nine-year-old kamsarmax, its first move in the secondhand market in…
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General cargo ship abandoned off Taiwan
General cargo ship Star Lord ran into issues on Wednesday while en route from Kaohsiung to South Korea, resulting in…
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Ezion profits from sale of anchor handler to Astro Offshore
Dubai-headquartered offshore service provider Astro Offshore has agreed a deal with Singapore’s Ezion Holdings to acquire 2012-built AHTS vessel for…
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NYK aids Japan’s wind power goals
The Japanese government is pushing ahead with plenty of wind power projects and is seeking overseas expertise. To this end,…
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Crowley rings the changes
US-based Crowley Maritime Corp has realigned its marine services organisation and introduced new leadership. Crowley Marine Services will now be…
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Dee4 Capital hires new technical head as fleet hits four
Danish private equity firm Dee4 Capital Partners, founded last year by Carsten Mortensen and Freddie Lee, has announced a new…
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Nanye Group set for CSC Phoenix takeover
Shanxi-based coal trader Nanye Group is one step closer to taking over domestic dry bulk operator CSC Phoenix, having become…
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