Sector
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Thun Tankers orders new product tanker for Geos charter
Sweden’s Thun Tankers has placed an order for a 4,250 dwt product tanker at Dutch yard Scheepswerf Ferus Smit, with…
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Cara Shipping sells five kamsarmaxes to CDB Leasing
Cara Shipping, the Singapore-based shipping unit of China’s Rizhao Steel, has sold five kamsarmax bulkers to CDB Leasing, the financial…
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Administrators sell Zhenghe Shipbuilding assets in auction
The administrators of bankrupt Zhoushan-based Zhenghe Shipbuilding has sold the entire assets of the shipyard via an online auction. Zhenghe…
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DEME consortium secures wind farm EPCI contract
A consortium of DEME and Eiffage Métal has secured an engineering, procurement, construction, and installation (EPCI) contract for 80 foundations…
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Mizuho Sangyo puts newcastlemax pair up for sale
Japan’s shy bulker mammoth Mizuho Sangyo is offloading two newcastlemaxes, the 203,000 dwt Azul Challenge and a sister ship, Azul…
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Shipping divided on Macron’s go-slow movement
Shipping is divided on French president Emmanuel Macron’s call on Saturday to legislate for a global speed limit for ships.…
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Splash Extra identifies the key levers in shipping’s perpetual supply/demand tussle
The August edition of Splash Extra launches today with a central theme looking at what metrics shipowners find the most…
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Search continues for missing Indonesian bulker
Indonesia has deployed more and more search team resources over the past 48 hours to find a bulker that issued…
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ITF hits out at US threat to cancel visas for crews working on Iranian-linked ships
The International Transport Workers’ Federation (ITF) has hit out at American threats to revoke visas for any seafarers who have…
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Fuel price spread vindicates scrubber investments: Alphaliner
Alphaliner reckons liners who have installed scrubbers are poised to cash in on their controversial investments. Based on the growing…
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Bourbon and Oceanteam CSV extended in Angola
Construction support vessel , owned by France’s Bourbon and Dutch outfit Oceanteam, has been awarded an extension until mid-November 2019.…
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Vroon PSV lands North Sea work with Premier Oil
Dutch owner Vroon says that its 2017-built PSV has started a new contract with Premier Oil. The vessel has been…
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Monjasa acquires full ownership of five bunkering vessels
Danish owner Monjasa has acquired the full ownership of five bunkering vessels in order to meet the growing demand for…
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China Merchants to take over AVIC Maritime
China Merchants has entered into an agreement with AVIC International Holdings to acquire 73.87% equity shares in Singapore-listed AVIC International…
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KNOT clinches 15-year shuttle tanker charter with Total
Knutsen NYK Offshore Tankers (KNOT), a joint venture betwenn NYK and Knutsen, has sealed a time-charter contract with Total for…
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Seaspan jv secures $500m tug contract
HaiSea Marine, a joint venture between the Haisla First Nation and Seaspan, has been awarded a contract by LNG Canada…
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Petrofac awarded decommissioning contract by Hess
UK offshore services firm Petrofac has been awarded a well plugging and abandonment contract by Hess Corporation. The agreement is…
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Performance Shipping offloads panamax containership
Symeon Palios-led Greek owner Performance Shipping, formerly known as Diana Containerships, has sold 2005-built panamax boxship for $9.125m. The 5,040…
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TechnipFMC to split into two listed entities
Oil and gas service provider TechnipFMC has announced a plan to split the company into two independent public companies. The…
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Emmanuel Macron puts ship speed regulation at the top of his environmental agenda
Regulating the speed of ships is back in the news with France’s president, Emmanuel Macron, stating publicly on Saturday that…
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