Sector
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Weekly bunker price differential report launches
With the sulphur cap just 131 days away, Ishaan Hemnani from online platform BunkerEx launches a weekly column today looking…
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STX secures refund guarantee for Restis tankers
South Korean shipbuilding group STX Offshore & Shipbuilding has secured refund guarantees from Korea Development Bank (KDB) for up to…
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Tianjin Southwest exercises VLGC option at Jiangnan Shipyard
Chinese shipowner Tianjin Southwest Maritime (TSM) has exercised an option to build an additional VLGC at CSSC’s Jiangnan Shipyard. The…
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Seajacks secures Taiwan installation work
UK-based self-propelled jackup vessel specialist Seajacks International has been awarded a contract with Ørsted Taiwan for the transport and installation…
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Fate of Iranian VLCC in the Med remains unclear
Currently midway between Spain and Sardinia, tanker spotters from across the world are keeping a close eye on the progress…
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VLCC rates leap more than 200% month-on-month, closing in on $50,000 a day
A very tight August tonnage list has seen VLCC rates soar this month, and the good cheer has filtered down…
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SS Teo unveils new Singamas aligned to new container realities
In a sign of how global trading patterns are changing and box shipping is evolving, one of the world’s largest…
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Weekly Broker: Asians lead the way
Following a temporary slowdown earlier this month, the sale and purchase market has been gradually warming up again with optimism…
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Angelicoussis adds to LNG carrier tally at DSME
Maran Gas Maritime, a unit of Greek owner Angelicoussis Shipping Group, has placed an order at South Korean yard DSME…
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Navision revealed as taker of NYK handymax
The taker of the the 51,000 dwt , a ship sold by Nippon Yusen Kaisha (NYK) in June for $12.3m…
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Navios Acquisition refinances 10 product tankers via sale and leaseback arrangements
Angeliki Frangou’s Navios Acquisition has revealed a series of sale and leaseback transactions in its latest set of quarterly results.…
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TechnipFMC awarded integrated EPCI contract by Shell
TechnipFMC has been awarded a major integrated engineering, procurement, construction and installation contract by Shell for the PowerNap project, located…
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Ultra Deep Solutions seals long-term contract for newbuild DSCV
Singapore subsea specialist Ultra Deep Solutions (UDS) has announce the signing a long-term contract with an unnamed EPC company for…
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Borr Drilling to appoint new chairman
Borr Drilling has announced that the board plans to appoint Paal Kibsgaard as its new chairman, which his election set to take…
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Petrofac awarded FPS services contract by INEOS
Offshore services firm Petrofac has been awarded a three-year operations and maintenance support services contract by INEOS FPS. Petrofac said…
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Aker Solutions awarded Dalma contract by ADNOC
Norway’s Aker Solutions has been awarded a contract by Abu Dhabi National Oil Company (ADNOC) to deliver subsea umbilicals for…
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Maersk forms Indian digital trucking partnership
Maersk has formed a strategic partnership with Indian digital trucking marketplace solutions startup BlackBuck to provide an online marketplace for…
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Klaus-Michael Kühne battles CSAV’s Luksic family for control of Hapag-Lloyd
One of Hamburg’s richest men, Klaus-Michael Kühne, appears once again to be fighting for control of his local shipping line.…
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Indonesia gets back in line with sulphur cap introduction
Indonesia’s Ministry of Transportation has reversed its decision to delay the International Maritime Organisation’s (IMO) low sulphur fuel regulations, and…
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Value Investor’s Edge: ‘Shipping analysts have been blown out of the water year after year’
J Mintzmyer is an increasingly rare species – a shipping stock analyst, moreover he’s a guy who actually picks out…
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