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Americas
Pangaea Logistics secures bauxite shipping contract extension
US bulk carrier operator Pangaea Logistics has secured a contract extension from Noranda for a contract to ship bauxite from…
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Americas
McDermott awarded subsea contract by Shell
McDermott International has been awarded a major contract by Shell Exploration and Production for subsea umbilical and flowline installation at…
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Asia
MISC adds two ENI gas carriers
Malaysia’s MISC has secured two time charter contracts from LNG Shipping, a wholly-owned subsidiary of Eni, for two of its…
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Asia
FSL Trust raising $31.3m for new ships
Singapore’s First Ship Lease Trust is proposing a preferential offering of around 965m new units to raise gross proceeds of…
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Greater China
Donsotank orders three tankers at Wuhu Shipyard
Swedish tanker owner Donsotank has placed an order at China’s Wuhu Shipyard for the construction of up to three 22,000…
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Greater China
Ship collision leads to blockade of Taicang Port
Cotainership Hua Yuan 9999 and dry bulk vessel Pu Hui 1 collided on Yangtze River near Taicang Port this morning.…
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Europe
Boskalis awarded long term agreement by Saudi Aramco
Dutch offshore engineering specialist Boskalis, with its partner Lamprell, has been selected as a contractor on Saudi Aramco’s long term…
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Greater China
Chinese petrochemical firm found to have lied following huge tanker leak
Seven people have been arrested for a chemical leak from a tanker earlier this month in the city of Quanzhou…
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Greater China
Tianjin Port chief engineer surrenders himself to corruption inspectors
China’s Tianjin Port is again in the spotlight after a series of corruption crackdowns at the major port operator. Tianjin’s…
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Europe
Latsco Shipping places debut LNG carrier order at HHI
Greek owner Latsco Shipping is moving into the LNG carrier sector with an order for the construction of two LNG…
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Middle East
KOTC books VLGC trio at Hyundai Heavy
Kuwait Oil Tanker (KOTC) has placed an order for the construction of three 84,000 cu m VLGCs at South Korean…
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Europe
Subsea 7 secures DSV contract extension
Subsea 7 has secured a three-year extension of an existing DSV frame agreement with North Sea clients Chevron, Dana Petroleum,…
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Europe
Borr Drilling secures jackup contract from Royal Gate Energy
Norway’s Borr Drilling has secured a new contract from Royal Gate Energy for the deployment of its 2011-built rig in…
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Asia
Sapura Energy awarded $417m worth of new contracts
Malaysian offshore service provider Sapura Energy has secured several new contracts worth a combined value of RM1.75bn ($417m). Sapura Energy’s…
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Greater China
Pacific Basin closes $40m loan facility
Hong Kong-based bulk carrier operator Pacific Basin has closed a $40m loan facility with Danish Ship Finance. The seven-year facility…
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Europe
Equinor inks LPG terminal deal in Malaysia
Norwegian energy major Equinor and Global Petro Storage (GPS) have entered into a long-term agreement for a terminal and storage…
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Dry Cargo
Weekly Broker: Bulker slide, tankers glide
Bulker prices are falling while tanker values are jumping. As the year closes are we closing in a moment where…
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Greater China
Brightoil gives up fleet sale plan
Brightoil Petroleum has announced that it has decided to terminate the commercial negotiation of 15 vessels in its fleet due…
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Europe
SBM Offshore orders second FPSO hull at Waigaoqiao Shipbuilding
Dutch firm SBM Offshore has signed an agreement with China’s Waigaoqiao Shipbuilding yesterday for the construction of a second FPSO…
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Middle East
Asphalt Tanker sinks in Persian Gulf
The 1983-built Asphalt Tanker capsized and sank in the Persian Gulf near Qatar on Tuesday. The vessel sent out a…
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