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Gas
BGN returns to Hyundai shipyard to raise VLGC wager
BGN is increasing its wager on LPG/ammonia trades by signing up for two out of a series of about 15…
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Containers
Hapag-Lloyd acquires UK’s ATL Haulage Contractors
Germany’s Hapag-Lloyd has struck a deal to acquire UK-based ATL Haulage Contractors. The Hamburg-headquartered liner is adding a fleet of…
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Ports and Logistics
Port of New Orleans box terminal project gets $266m federal funding
The Port of New Orleans (Port NOLA) has been awarded an additional $226m federal grant to assist in building the…
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Tankers
TEN offloads elderly suezmax
Tsakos Energy Navigation (TEN) has cashed in on one of its ageing suezmax tankers. The New York-listed Greek player has…
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Offshore
Dayang scores Petronas contract extension
Malaysia’s Dayang Enterprise has secured a work scope contract extension from Petronas, the parent company said in a stock exchange…
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Offshore
Maridive’s Emirati unit lines up $40m asset sale to settle debt
Egyptian OSV player Maridive has announced that its Emirati unit, Ocean Marine UAE, is finalising a deal to sell a…
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Gas
Greeks raise bets on ammonia trades
Shipowners have continued to secure berths for very large ammonia carriers (VLACs) in South Korea, with Greek players named as…
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Tankers
Tsakos swoops on five Viken tankers
Tsakos has been tied to purchasing five modern tankers in a deal with Norway’s Viken Shipping. The Greek owner has…
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Dry Cargo
Wisdom Marine back at Tsuneishi for kamsarmax duo
Taiwan’s Wisdom Marine has returned to Tsuneishi Shipbuilding with a deal for two newbuild kamsarmax bulk carriers and delivery in…
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Offshore
Reach Subsea adds $54m to contract backlog
Norwegian offshore services player Reach Subsea has been awarded several new contracts, contract extensions and option exercises worth in total…
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Offshore
ABB awarded contract for Guyana-bound FPSO
Swiss technology group ABB has secured work on an ExxonMobil floating production storage and offloading (FPSO) unit slated for the…
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Offshore
Worley seals five-year deal with BP
Australian engineering firm Worley has secured a new five-year global framework agreement from BP. The deal will see the ASX-listed…
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Operations
Appeal launched over fears for crews embroiled in Red Sea shipping crisis
Sailors’ Society has launched an urgent crisis appeal following mounting concern over attacks on ships in the Red Sea. The…
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Ports and Logistics
CMA CGM ramps up UK logistics push with Wincanton takeover bid
French carrier CMA CGM has moved to buy UK logistics firm Wincanton for about $719m in cash. The offer has…
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Tankers
US sanctions Emirati tanker owner for violating Russian oil price cap
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions on a United Arab Emirates-based…
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Tech
Toyota rides along with the likes of BW and Shell in Corvus Energy investment
Woven Capital, a venture arm of Japanese carmaker Toyota, has invested in Norway-based marine battery maker Corvus Energy. An undisclosed…
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Tankers
Bahri takes two methanol-fuelled tankers on five-year charter
Saudi Arabia’s flagship carrier Bahri has penned a long-term deal with Swiss methanol producer and tanker owner Proman to charter…
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Europe
Equinor faces 12-week strike in UK North Sea
Around 100 drillers employed by Odfjell Technology working on Equinor’s Mariner platform in the UK North Sea are set to…
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Ports and Logistics
Canada’s Mullen set to acquire compatriot logistics firm ContainerWorld
Mullen Group, one of Canada’s largest logistics providers, has signed a deal to buy Richmond, British Columbia-based ContainerWorld Forwarding Services.…
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Finance and Insurance
Pertamina International Shipping eyes 2025 IPO
Indonesia’s Pertamina International Shipping (PIS) has set its sights on going public next year to generate funds for its ambitious…
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