-
Europe
TGS and PGS awarded survey contract offshore Canada
The joint venture between offshore survey service providers TGS and PGS has secured the Torngat 3D multi-client project in Offshore…
Read More » -
Greater China
China Merchants partners up with Rongsheng Petrochemical
China Merchants Energy Shipping (CMES), the energy transport unit of China Merchants Group, has signed a agreement with Rongsheng Petrochemical…
Read More » -
Greater China
Dalian Port takes 23% Yingkou Port stake
Dalian Port has announced a plan to acquire about a 23% equity stake in Yingkou Port for RMB11bn ($1.59bn). The…
Read More » -
Greater China
Pacific Basin secures $115m credit facility
Hong Kong bulker owner Pacific Basin has completed a new $115m seven-year reducing revolving credit facility secured over ten of…
Read More » -
Europe
DEME awarded wind farm installation contract
Belgian marine engineering services provider DEME Offshore has secured a €200m ($223m) contract from Danish energy firm Ørsted to install…
Read More » -
Europe
Ensco Rowan wins arbitration case against Samsung Heavy
Offshore driller Ensco Rowan has announced that an arbitration tribunal has awarded the company $180m in damages as part of…
Read More » -
Europe
Maersk Drilling secures new contracts
Maersk Drilling has secured three new contracts and extensions during the last quarter, according to the company’s latest fleet status…
Read More » -
Greater China
Creditor goes after Shanghai Bestway’s Dajin Heavy shares
Financially troubled ship design and shipbuilding company Shanghai Bestway Marine & Energy Technology has announced that China Great Wall Asset…
Read More » -
Europe
EMGS secures Barents Sea survey contract
Norwegian offshore survey service provider Electromagnetic Geoservices (EMGS) has entered into an agreement for a fully pre-funded multi-client 3D CSEM…
Read More » -
Europe
Klaveness Combination Carriers to list in Oslo
Norwegian company Klaveness Combination Carriers (KCC) is going to list on the Oslo Stock Exchange in about a week, after…
Read More » -
Greater China
Cosco takes control of Hainan Harbor and Shipping Holding
Chinese state-run shipping conglomerate Cosco is going to take control of Hainan Harbor and Shipping Holding as part of the…
Read More » -
Containers
Weekly Broker: Sales candidates proliferate
The sale and purchase market has experienced a good week for concluded volumes in both the bulker and tanker sectors.…
Read More » -
Asia
MOL books another LNG carrier at DSME
Japanese owner Mitsui OSK Lines (MOL) has placed an order for a 176,000 cu m LNG carrier at South Korean…
Read More » -
Greater China
DSIC moves to enter large LNG carrier market
Dalian Shipbuilding Industry (DSIC), the flagship yard of China Shipbuilding Industry Corporation (CSIC), has started a research and development program…
Read More » -
Americas
FTAI to upgrade OCV with addition of well intervention tower
UK-based engineering and manufacturing company Osbit has secured a contract from Fortress Transportation and Infrastructure Investors (FTAI) to construct and…
Read More » -
Greater China
Ningbo Marine sends elderly handy bulker to scrap
Chinese dry bulk shipping operator Ningbo Marine has sold its 1986-built handysize bulker for demolition. The 27,400 dwt vessel has…
Read More » -
Greater China
Yang Ming sets up Indonesia unit
Taiwanese containerline Yang Ming has announced that it will form a new subsidiary with partners in Jakarta. The new unit…
Read More » -
Americas
Horizon Maritime sets up shop in Norway with Bourbon AHTS vessel deal
Canadian owner Horizon Maritime has completed the takeover of the 2016-built anchor handling tug supply vessel from Bourbon and renamed…
Read More » -
Greater China
CNOOC to list energy logistics unit
Chinese state-run energy conglomerate China National Offshore Oil Corporation (CNOOC), has applied with China Securities Regulatory Commission (CSRC) to list…
Read More » -
Greater China
Zhuhai Port to raise $145m for fleet expansion
China’s Zhuhai Port has announced a plan to issue 140m new shares to a group of specific investors to raise…
Read More »