Global maritime, shipping and offshore news

October 27, 2021

Janssens takes the helm at Jumbo as Kahn steps down

Jumbo Shipping has appointed Wout Janssens as the company’s new chief executive officer as Michael Kahn stepped down after 30…

October 27, 2021

Court approves Seadrill’s rescue plan

John Fredriksen-controlled offshore driller Seadrill could be out of bankruptcy protection in two months after having its restructuring plan approved…

October 27, 2021

Castor Maritime charters out latest panamax buy

Nasdaq-listed Castor Maritime has secured a new time charter contract with an undisclosed client for the newly delivered Japanese-built panamax…

October 27, 2021

International Seaways lands $375m in VLCC sales and leaseback deal with Ocean Yield

US tanker owner International Seaways has sealed refinancing for six modern scrubber-fitted VLCCs through a sale and leaseback deal with…

October 26, 2021

Double homicide on tanker in Argentina

A captain and first officer were killed last week in a shooting onboard the Maltese-flagged chemical tanker while at anchor…

October 26, 2021

Norwegian players launch plug and abandonment alliance

Odfjell Drilling business units, Odfjell Energy and Odfjell Well Services have launched a plug and abandonment (P&A) and slot recovery…

Operations
Adis AjdinOctober 27, 2021
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Janssens takes the helm at Jumbo as Kahn steps down
Jumbo Shipping has appointed Wout Janssens as the company’s new chief executive officer as Michael Kahn stepped down after 30 years at the helm of the Dutch heavylift specialist. Janssens steps up from the position of the chief operating officer.…
Finance and Insurance
Adis AjdinOctober 27, 2021
0 0
Court approves Seadrill’s rescue plan
John Fredriksen-controlled offshore driller Seadrill could be out of bankruptcy protection in two months after having its restructuring plan approved by the US bakruptcy court in Texas. With the latest developments and majority creditors already backing the plan, Seadrill said…
Dry Cargo
Adis AjdinOctober 27, 2021
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Castor Maritime charters out latest panamax buy
Nasdaq-listed Castor Maritime has secured a new time charter contract with an undisclosed client for the newly delivered Japanese-built panamax bulk carrier, Magic Phoenix. The 2008-built bulker, acquired for $18.75m with cash on hand, has been fixed on a time…
Finance and Insurance
Adis AjdinOctober 27, 2021
0 28
International Seaways lands $375m in VLCC sales and leaseback deal with Ocean Yield
US tanker owner International Seaways has sealed refinancing for six modern scrubber-fitted VLCCs through a sale and leaseback deal with Norwegian owner Ocean Yield. The deal comes with 10-year bareboat charters with purchase obligations at expiry. Delivery of the vessels…
Operations
Adis AjdinOctober 26, 2021
0 162
Double homicide on tanker in Argentina
A captain and first officer were killed last week in a shooting onboard the Maltese-flagged chemical tanker while at anchor off the coast of Buenos Aires, Argentina. Argentine authorities have arrested the third officer, Carlos Lima, 52, after he reported…

Offshore
Adis AjdinOctober 26, 2021
0 57
Norwegian players launch plug and abandonment alliance
Odfjell Drilling business units, Odfjell Energy and Odfjell Well Services have launched a plug and abandonment (P&A) and slot recovery…
Operations
Adis AjdinOctober 26, 2021
0 127
AAL grows fleet with secondhand acquisitions and four newbuilds
Singapore-based breakbulk and heavylift operator AAL has expanded its fleet with two secondhand 33,000 dwt multipurpose heavylift vessels and announced…

Tankers
Adis AjdinOctober 26, 2021
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Italians set about developing chemical tankers to run on alternative fuels
Italian classification society RINA has signed a cooperation agreement with fellow ship designer Marine Engineering Services (MES) to jointly develop chemical tanker concepts that will use alternative fuels such as methanol, ammonia and liquefied petroleum…
October 26, 2021
Japan demands shipping set net zero targets
October 26, 2021
Fire on Zim Kingston under control, chemicals in overboard containers cause environmental concerns
October 26, 2021
No lingering! Los Angeles and Long Beach to issue fines for containers that overstay their welcome
October 26, 2021
Russian navy comes to the rescue of MSC ship attacked off West Africa

Features

Contributions
SplashOctober 26, 2021
1 438
When the going gets tough, the rules get tougher
Corey Bertsch from Slync.io on the supply chain rethink we will need to ponder going into 2022. Who’s to blame for the current supply chain crisis that’s captured the hearts and minds of just about,…
October 25, 2021
The carbon transition pathway
October 22, 2021
Inchcape: Growth through transparency
October 22, 2021
Corporate consortiums: a fresh opportunity to supercharge startups and reduce innovation risks
October 21, 2021
Tsakos: A life in shipping

October 26, 2021
443
Japan aims to be selling ammonia-fuelled ships by 2028

Japan, Inc is rallying together in making ammonia-fuelled ships a reality. Shipping…
October 26, 2021
161
Wärtsilä makes 2030 carbon neutral pledge

Finnish marine technology firm Wärtsilä has set a goal of becoming carbon…
October 26, 2021
333
IMC Shipping appoints Mingfa Liu to head up shipmanagement division

Singapore’s IMC Shipping has appointed Mingfa Liu as managing director of its…
October 26, 2021
438
When the going gets tough, the rules get tougher

Corey Bertsch from Slync.io on the supply chain rethink we will need…
October 26, 2021
196
BW Energy to repurpose Aquadrill semisub for gas to power project off Namibia

BW Energy has signed an agreement to acquire the 2021-built semisub drilling…
October 26, 2021
271
Nakilat and Karpowership forge FSRU partnership

Qatari shipowner Nakilat and Karadeniz subsidiary Karpowership have joined forces to collaborate…
October 26, 2021
144
Transocean secures several new contracts and extensions

Offshore drilling contractor Transocean has reported several new awards and contract extensions,…
October 26, 2021
109
Harbour Energy seeks PSV pair in Indonesia

UK oil and gas independent Harbour Energy will require platform supply vessels…
October 26, 2021
104
Siemens Gamesa to build first offshore wind turbine blade facility in the US

Siemens Gamesa Renewable Energy has signed a long-term lease for space at…
October 26, 2021
312
Beihai wins newcastlemax orders from Chinese Maritime Transport

China’s Qingdao Beihai Shipbuilding Heavy Industry (BSIC) has won a contract from…
October 25, 2021
131
QatarEnergy enters offshore exploration in Canada

QatarEnergy, previously Qatar Petroleum, has inked a deal with ExxonMobil Canada to…
October 25, 2021
1,593
Global merchant fleet tipped to have more LNG carriers than VLCCs by as early as 2025

Contrasting volumes in the global energy mix could see more LNG carriers…
October 25, 2021
946
Tankers and boxships lead LNG propulsion surge

Despite recent bad press the volume of ships being built with LNG…
October 25, 2021
2,388
Zim boxship hit by fire after losing 40 containers off Vancouver Island

2008-built 4,253 boxship , bound for Vancouver, Canada, lost 40 containers overboard…
October 25, 2021
1,449
UK set to announce big flag revamp

Shorn of its European Union legal constraints the business regulatory environment of…
October 25, 2021
295
John-Kaare Aune takes on permanent CEO role at Wallem

John-Kaare Aune has been appointed permanent CEO at Wallem Group after nine…