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Europe
IKM Subsea scores Aker BP IMR contract
Norwegian subsea services provider IKM Subsea has been awarded a contract by Aker BP for subsea inspection and light intervention…
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Greater China
Five Stars Fujian capesize sold at auction
China’s Beihai Maritime Court has sold the 2009-built 181,400dwt capesize bulker at auction. The vessel had been detained by the…
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Asia
Samsung Heavy considers compulsory leave plan for employees
South Korean shipbuilding major Samsung Heavy Industries is considering a compulsory unpaid leave plan for its employees amid the ongoing…
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Asia
Jasa Marine secures AHTS contract from Murphy Oil
Malaysian OSV operator Jasa Marine marine, a unit of Marine & General, has been awarded a contract by Murphy Oil…
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Greater China
Handymax newbuilding catches fire at Yangzijiang Shipbuilding
A handymax bulk carrier under construction at Yangzijiang Shipbuilding’s New Yangzi shipyard caught fire on Saturday. According to local reports,…
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Europe
Aker Solutions awarded additional John Sverdrup work by Equinor
Aker Solutions has, in collaboration with Kvaerner, secured additional hook-up and commissioning work for Equinor’s Johan Sverdrup field offshore Norway.…
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Asia
Barakah Offshore secures five-year MCM contract from Sapura Energy
Barakah Offshore Petroleum Bhd has been awarded a five-year contract to provide maintenance, construction and modification (MCM) services for Sapura…
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Asia
HMM jettisons Hyundai heritage in rebrand
South Korean shipping major Hyundai Merchant Marine (HMM) is now undergoing a rebranding process which will change the company’s official…
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Greater China
Shareholders set to vote on Noble Group restructuring plan
Embattled Hong Kong commodity trader Noble Group will be holding a special general meeting on August 27 for shareholders to…
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Europe
Maersk and IBM reveal TradeLens blockchain platform
Maersk and IBM have revealed details of their new blockchain platform. Called TradeLens, the two parties have already managed to…
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Europe
PAO Novoship appoints new president
PAO Novoship, part of Russia’s Sovcomflot Group, has elected Alexey Khaydukov as the company’s new president. Khaydukov replaces Yury Tsvetkov,…
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Asia
Malaysia Shipowners’ Association calls for review of cabotage policy
The Malaysia Shipowners’ Association (MASA) has called for a review of the removal of cabotage policy in Sabah, Sarawak and…
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Offshore
Havila Shipping disposes of PSV
Havila Shipping has entered into an agreement for the sale of its 1996-built platform supply vessel as part of its…
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Containers
Weekly Broker: Deals filter through despite holiday lull
The effect of summer holidays continues to show in the sale and purchase market with more potential buyers moving to…
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Middle East
Tristar acquires Shell’s Dubai chemical terminal
UAE-based chemical shipping & logistics firm Tristar has entered into an agreement to acquire Shell’s chemical terminal in Dubai’s Jebel…
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Greater China
Ningbo Marine secures three-year coal shipping contract extension
Chinese bulker operator Ningbo Marine has entered into a new contract with Zhejiang Zheneng Fuxing Fuel for coal shipping services.…
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Americas
Vantage Drilling acquiring jackup rig
US offshore drilling contractor Vantage Drilling is expanded its fleet with the acquisition of a jackup rig according to the…
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Europe
Solstad Farstad renews SBM Offshore deal
Solstad Farstad has renewed its frame agreement with SBM Offshore for 2019 and 2020. Under the latest agreement, SBM Offshore…
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Greater China
Dayang Shipbuilding restructuring plan approved by court
The restructuring plan of bankrupt Sinopacific yard Dayang Shipbuilding has been approved by Yangzhou People’s Court, after new investors led…
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Greater China
Cosco Shipping Heavy Industry official under investigation
China’s Central Commission for Discipline Inspection has detained Wu Jun, deputy chief designer at Cosco Shipping Heavy Industry’s Cosco Dalian…
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