Sector
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Weekly Broker: Buying appetite disappears
The sale and purchase market for both bulkers and tankers has seen a major scale-back in activities as freight markets…
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CDB Leasing takes over two boxships from ICBC Leasing
CDB Leasing, the financial leasing unit of China Development Bank, has entered into agreements with two single vessel companies of…
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Atlantic Gulf & Pacific invests in Kanfer Shipping
Philippines-based gas logistics company Atlantic Gulf & Pacific (AG&P) has made a strategic equity investment in Kanfer Shipping, a Norway-based…
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MOL moves ahead with bow wind-shields for larger boxships
Mitsui OSK Lines (MOL) has ramped up its bow wind-shield designs for larger boxships. Together with Samsung Heavy Industries, MOL…
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Golar LNG inks sale and leaseback with CSSC Shipping
Tor Olav Trøim’s Golar LNG has inked a sale and leaseback deal with CSSC Shipping, the financial leasing unit of…
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NPCC acquires subsea construction vessel
UAE-based National Petroleum Construction Company (NPCC) has announced the acquisition of 2010-built subsea construction vessel to boost its offshore and…
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Maersk Drilling awarded Shell semi-sub contract in Trinidad
Maersk Drilling has been awarded a contract by Shell’s BG International for work offshore Trinidad and Tobago for the semi-submersible…
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Shelf Drilling secures series of new contracts
UAE-based jackup rig operator Shelf Drilling has recently secured a series of new contracts for its drilling rigs, according to…
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Solstad Offshore awarded CSV contract by Global Marine Group
Norwegian offshore vessel owner Solstad Offshore has been awarded a long-term contract by Global Offshore, part of the Global Marine…
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Transpacific volumes set for first annual decline since 2009
Alphaliner is warning the eastbound transpacific container trade will register its first negative year in a decade. The container analysts…
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Decarbonisation levy on bunker fuel under discussion at IMO
Five shipping associations are pitching a carbon levy of sorts this week in London as International Maritime Organization (IMO) member…
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Cosco’s new Diamond Line set to engage in intra-Europe box business
Cosco is moving all its intra-Europe box business to a new brand called Diamond Line. Alphaliner reports that Cosco Shipping…
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Bollards in the spotlight as port accidents grow
With accidents increasing in volume and severity during manoeuvring and berthing in port, insurer TT Club has issued guidelines for…
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Yasa orders suezmax pair at Daehan
Brokers report Turkish owner Yasa has placed placed an order for two firm suezmax tankers at Daehan in South Korea.…
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Winson seals firm price offloading vintage tanker
Low profile Chinese outfit Forever Fortune Shipping has made a rare move in the secondhand market. Sources say the Jiangsu-based…
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Fugro’s Seabed Geosolutions disposes of shallow water cable systems
Offshore seismic service provider Seabed Geosolutions, part of Fugro, has entered into a contract to sell its entire shallow water…
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TechnipFMC offloads pipelay vessel
Offshore engineering specialist TechnipFMC has entered into a memorandum of agreement to sell its 2011-built pipelay vessel as part of…
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Cosco subsidiary acquires major stake in Greek rail logistics company
ΟceanRail Logistics, part of China’s Cosco Shipping Group, has acquired a 60% equity stake in Piraeus Europe Asia Rail Logistics…
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Ports survey shows importance of spending on climate-resistant infrastructure
Ports covering every major ocean as well as inland ports and waterways have confirmed the increase in frequency and severity…
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Cosco Shipping Singapore appoint new chairman
Cosco Shipping International Singapore has announced the appointment of Zhu Jiandong as chairman of the board, replacing Gu Jinsong, who…
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