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Offshore
Christen Sveaas slams Solstad restructuring deal
Norwegian investor Christen Sveaas had come down hard on fellow tycoon Kjell Inge Røkke over the recent refinancing deal of…
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Renewables
French engineering group SPIE sets sights on offshore wind with Corell takeover
French engineering group SPIE has sealed a deal to take over UK-based offshore wind engineering, installation, and maintenance firm Correll…
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Renewables
Japan’s Kansai signs up for Norwegian floating wind project
Japanese utility Kansai Electric Power Company has joined Source Galileo, Odfjell Oceanwind and Vår Energi on a floating offshore wind…
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Offshore
Prysmian wins $108m contract in Brazil
Italy’s Prysmian has secured a contract worth over €100m ($107.8m) by Petrobras to provide 170 km of deepwater electro-hydraulic umbilicals…
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Finance and Insurance
Hayfin builds $1bn shipping war chest
Hayfin Capital Management has generated around $400m for its shipping fund, bolstering its ability to acquire assets worth up to…
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Containers
Asia-Europe tradelane set to welcome Maersk’s 16,000 teu methanol-fuelled ship
Danish carrier AP Moller-Maersk has selected the AE7 string connecting Asia and Europe through the Suez Canal for the deployment…
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Dry Cargo
Lemissoler showcases China shipbuilding’s first methanol-fuelled ultramax design
A design for China shipbuilding’s first methanol-fuelled ultramax bulk carrier has been revealed at the Marintec exhibition in Shanghai. Cyprus-based…
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Gas
NYK strikes long-term LNG charter deal with Sinopec
Japanese shipowner Nippon Yusen Kaisha (NYK) has landed a long-term LNG charter deal with China Petroleum & Chemical Corporation (Sinopec).…
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Operations
Boxship collides with floating bridge in Suez Canal
A Singapore-flagged containership struck a floating bridge on Wednesday in the eastern lane of the Suez Canal after losing control…
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Renewables
DEME forms offshore wind partnership in Greece
Belgian marine contractor DEME and Greek renewable energy developer and independent power producer Faria Renewables have signed a cooperation agreement…
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Offshore
PGS secures contract work for seismic vessel in Asia Pacific
Norwegian seismic player PGS has been awarded a 3D exploration contract in Asia Pacific. The survey is scheduled to start…
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Offshore
Constellation awarded rig extension deals by Petrobras
Brazilian offshore driller Constellation Oil Services has secured contract extensions from Petrobras for two of its rigs. Brazil’s state-controlled energy…
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Offshore
Dolphin Drilling scraps Nigeria semisub deal
Semisub rig owner Dolphin Drilling has terminated a contract with Peak Petroleum in Nigeria for its 1974-built Blackford Dolphin. The…
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Operations
HMM matches Seaspan in massive car carriers order for Hyundai Glovis charter
Hot on the heels of Seaspan‘s entry into the car carrier segment with an order for six 10,800 ceu vessels…
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Gas
NYK inks ammonia shipping deal with Mitsui & Co
Japanese shipping giant Nippon Yusen Kaisha (NYK) and trading house Mitsui & Co have penned a charter contract for ammonia…
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Operations
Seaspan enters new sector, ordering world’s largest car carriers with Hyundai Glovis
Seaspan, the world’s largest boxship lessor, has marked its entry into the car carrier segment in partnership with South Korea’s…
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Environment
Sea Cargo Charter to align with IMO emission targets
The Sea Cargo Charter, a global framework for assessing and disclosing the climate alignment of chartering activities, is to revise…
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Offshore
Marinakis sets up offshore vessels unit
Evangelos Marinakis has set his sights on the booming offshore sector. The Greek shipowner and founder and chairman of Capital…
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Renewables
BASF takes stake in another Vattenfall offshore wind project
German chemicals firm BASF has struck a deal with Swedish utility Vattenfall to buy 49% of Nordlichtoffshore wind farm project…
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Renewables
RWE secures final permit for Welsh offshore wind farm
RWE is pressing ahead with its Welsh Awel y Môr offshore wind farm project. The German utility has secured a…
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