-
Tankers
FSL eyes expansion into offshore and renewables sectors
First Ship Lease Trust (FSL) is looking to expand its portfolio with an eye set on renewables and energy-related offshore…
Read More » -
Operations
Fiercely hot summer takes its toll on river transport worldwide
This year’s record-breaking heat in the northern hemisphere’s summer and lack of rainfall has seen a reduction in water levels…
Read More » -
Containers
Maersk eyes more methanol from China
A.P. Moller – Maersk has penned an agreement with Debo Energy in China for the supply of green methanol as…
Read More » -
Bunkering
Ammonia power plant and bunkering terminal planned for Jurong Port
Singapore’s Jurong Port has partnered up with subsidiaries of Japan’s multinational engineering firm Mitsubishi Heavy Industries and power generation major…
Read More » -
Offshore
Strike at Shell’s Prelude FLNG extended to September
Shell’s giant floating liquefied natural gas (FLNG) facility offshore Western Australia will most likely stay shut until at least early…
Read More » -
Offshore
Maersk Drilling mulls scrapping of cold-stacked semisub
Danish rig owner Maersk Drilling said it is investigating recycling opportunities for its cold-stacked nineteen-year-old semisub rig, . The unit,…
Read More » -
Renewables
JERA consortium presses ahead with floater tech trials
Japanese power generation major JERA in consortium with compatriots Modec, Toyo Construction, and Farukawa Electric Industry, launched a subsea ground…
Read More » -
Tech
Northern Lights CO2 carriers set for rotor sail treatment
Finnish marine wind propulsion system designer Norsepower has secured a contract with Dalian Shipbuilding Industry Corporation (DSIC) for delivery of…
Read More » -
Tankers
Torm takes majority stake in scrubber maker ME Production
Danish product tanker owner Torm has purchased an ownership stake of 75% in ME Production (MEP), a compatriot industrial firm…
Read More » -
Offshore
POSH bolsters fleet with Boa construction vessel purchase
PACC Offshore Services Holdings (POSH) is expanding its fleet with the acquisition of a multipurpose offshore construction vessel from Norway’s…
Read More » -
Offshore
Maersk’s offshore vessel charging unit targets Port of Aberdeen
A.P. Moller-Maersk offshore charging spinout Stillstrom has teamed up with the Port of Aberdeen on a pioneering project to slash…
Read More » -
Offshore
Magseis Fairfield firms up Asian survey deal
Hot on the heels of a significant ExxonMobil contract win in Guyana, Norwegian seabed seismic specialist Magseis Fairfield has firmed…
Read More » -
Dry Cargo
Diana Shipping unlocks cash in sale and leaseback deal for capesize pair
Greek bulker owner Diana Shipping has raised fresh capital after agreeing to a sale and leaseback deal for two of…
Read More » -
Finance and Insurance
Wallenius Wilhelmsen inks sustainability-linked loans worth $800m
Oslo-listed car carrier operator Wallenius Wilhelmsen has secured $800m worth of vessel-secured bank financing linked to the company’s emission reductions.…
Read More » -
Offshore
EMGS awarded marine mineral survey off Norway
Oslo-listed Electromagnetic Geoservices (EMGS) has been selected as the acquisition provider for the Norwegian University of Technology Science (NTNU) ATLAB…
Read More » -
Renewables
EDF Renewables sets sights on Taiwanese offshore wind
EDF Renewables has teamed up with Taiya Renewable Energy in the bidding process of Taiwan’s offshore wind Phase-3 zonal development…
Read More » -
Tankers
SK Energy joins Cargill-Maersk Tankers MR pool
Maersk Tankers has welcomed its third pool partner from Korea with the addition of energy major SK Energy and the…
Read More » -
Offshore
Havfram finance chief promoted to CEO
Norwegian subsea and offshore wind contractor Havfram has appointed its finance chief, Ingrid Due-Gundersen, as the company’s new CEO to…
Read More » -
Tankers
Fredriksen’s SFL snaps up modern suezmaxes
John Fredriksen’s SFL Corporation has struck a deal to acquire four suezmax tankers for $222.5m. The vessels should deliver between…
Read More » -
Renewables
Source Energie unveils plans for second gigawatt-scale hydrogen producing floating wind project
UK developer Source Energie is pressing ahead with plans for a second gigawatt-scale floating wind farm that would produce hydrogen…
Read More »