-
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
Bunkering
Fratelli Cosulich fixes LNG bunker vessel to Petronas
Italian owner Fratelli Cosulich has landed a charter deal with the trading arm of Malaysia’s Petronas for its second LNG…
Read More » -
Operations
Höegh Autoliners secures new shipping deal with Asian carmaker
Norwegian car carrier player Höegh Autoliners has signed a new shipping contract with a major East Asian carmaker. The contract…
Read More » -
Offshore
Standard Supply fleet sell-off hits a snag
Shareholders at Standard Supply will have to wait a little longer to fully cash in on the company’s vessels after…
Read More » -
Offshore
Kim Heng expands footprint in Malaysia with new offshore JV
Singapore offshore vessel operator and marine engineering services provider Kim Heng has formed a new joint venture in Malaysia. The…
Read More » -
Renewables
Esvagt seals deal for another SOV newbuild
Danish offshore shipping player Esvagt has struck a deal with fellow wind turbine maker Vestas for a new service operation…
Read More » -
Offshore
Colebrook Offshore rebrands as CSO Shipbrokers
UK brokerage Colebrook Offshore has changed its name to CSO Shipbrokers to reflect the company’s long-term growth ambitions. The rebrand…
Read More » -
Ports and Logistics
Captain found to be nearly four times over alcohol limit at UK port
A 65-year-old captain of containership will be sentenced at Crown Court after admitting to being in charge of his ship…
Read More » -
Tankers
Scorpio Tankers sells one vessel as it takes back five
New York-listed Scorpio Tankers has sealed a deal to sell one ship bought out of lease financing in 2022, while…
Read More » -
Offshore
TechnipFMC wins BP subsea contract in Gulf of Mexico
TechnipFMC has secured a contract from BP for its Argos southwest extension project in the Mad Dog field in the…
Read More » -
Offshore
Atlantic Navigation buys accommodation vessel
Singapore-listed OSV player Atlantic Navigation has snapped up an accommodation work boat for $11m. The 2016-built , Equasis lists under…
Read More » -
Tankers
Toro nets nearly $21m from sale of veteran tanker
Nasdaq-listed tanker and LPG owner Toro has concluded another lucrative asset play having offloaded a 2005-built aframax/LR2 at a net…
Read More » -
Operations
Greek bulker comes under fire off Yemen
Attacks continue to mount in the Red Sea, with the latest victim being the Greek-owned bulk carrier . The Maltese-flagged…
Read More » -
Containers
CMA CGM ends cargo alliance with Air France-KLM
French carrier CMA CGM and Air France-KLM have agreed to cease their air cargo partnership, citing regulatory restrictions. The partnership…
Read More » -
Offshore
Keppel FELS seeks High Court appeal in Awilco Drilling rig dispute
Singapore-based offshore yard Keppel FELS has filed an application to appeal with the High Court against the arbitration ruling in…
Read More »