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Offshore
Subsea 7 wins Chevron contract in US Gulf
Oilfield services provider Subsea 7 has been awarded a contract worth between $50m and $150m by US supermajor Chevron for…
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Renewables
Cbus buys into Australia’s leading offshore wind project
Australia’s building and construction super fund, Cbus Super, has acquired a 10% stake in the 2.2 GW Star of the…
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Offshore
Rovco charters in Glomar Offshore OSV
UK-headquartered subsea technology and services company Rovco has signed a charter party agreement with Dutch offshore support vessel operator Glomar…
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Tankers
FSL offloads last aframax
Singapore’s First Ship Lease Trust (FSL) is exiting the crude oil tanker sector with the sale of its last remaining…
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Tech
Tuco Marine teams with Blue World Technologies to develop methanol fuel cell-powered workboats
Danish shipbuilder Tuco Marine and methanol fuel cell maker Blue World Technologies have teamed up to develop methanol fuel cell-powered…
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Offshore
Saipem offloads onshore drilling business
Italy’s Saipem has agreed to sell its onshore drilling business to KCA Deutag for $550m and a 10% stake in…
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Renewables
Njord Offshore and FRS Windcat seal Baltic Sea CTV charters
UK-based Njord Offshore and Flensburg-based FRS Windcat Offshore Logistics have secured contracts from EnBW Offshore Services to provide crew transfer vessels…
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Renewables
PSG Marine & Logistics and Sarens form Scottish offshore wind joint venture
UK-based PSG Marine & Logistics and Belgian heavy lift specialist Sarens have joined forces to form a joint venture targeting…
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Gas
Mads Peter Zacho to take the helm at Navigator
New York-listed LPG carrier specialist Navigator Holdings has appointed Mads Peter Zacho as its new chief executive officer, effective September…
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Offshore
Wilhelmsen buys out Eidesvik and Simon Møkster to almost take full control of NorSea
Norway’s Wilhelmsen has almost entirely taken over its compatriot offshore supply base specialist NorSea, having acquired an additional 24% of…
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Offshore
Tullow Oil to take over Capricorn Energy in $827m all-stock deal
Tullow Oil will buy Capricorn Energy in an all-stock deal valued at £657m ($827m) to create a leading African energy…
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Offshore
Aquadrill to reactivate two rigs for contracts in India and Thailand
London-headquartered rig owner Aquadrill has announced contracts for two of its rigs worth up to around 83.5m. The 2008-built drillship…
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Gas
Golar LNG sells FSRU to Italy’s Snam for $350m
Tor Olav Trøim’s Golar LNG has sealed a deal with Italian energy company Snam to sell its 2015-built floating storage…
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Dry Cargo
Interlink scores profitable asset play with sale of another handy bulker
Paul Gurtler-led Interlink Maritime has flipped one of its bulk carriers, concluding the latest in a string of asset transactions. …
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Dry Cargo
Precious Shipping adds handy bulker pair for $51m
Thai dry bulk owner Precious Shipping has acquired a pair of secondhand handysize vessels from Norway’s Njord Shipping for $51m.…
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Containers
Maersk debuts international relay shipments in China
A.P. Møller – Maersk has become the first foreign carrier to successfully implement an international cargo relay in China. With…
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Finance and Insurance
Columbia’s financing arm buys into Ahorn Capital
Columbia Finance Solutions has bolstered the range of its financial services by taking a stake in Ahorn Capital, a Hamburg-based…
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Operations
Greek shipping ministry urges ships to avoid Iranian waters
Greece’s shipping ministry has advised the country’s ships to avoid Iranian territorial waters when crossing the Persian Gulf, Strait of…
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Ports and Logistics
Romania’s top port unfit to solve EU’s challenge to bring grain out of Ukraine
With Ukrainian ports blocked by Russian military forces since late February, Romania’s flagship Black Sea port, Constanta, has found itself…
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Shipyards
Saudi Arabian yard teams with Keppel’s rig designer
Saudi Arabian yard International Maritime Industries (IMI) and rig designer Keppel LeTourneau Middle East (KLET), a subsidiary of Keppel Offshore…
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