-
Europe
Rem Offshore acquires Emas Offshore PSV
Norwegian OSV operator Rem Offshore has acquired the 2012-built PSV from struggling offshore firm Emas Offshore, part of Singapore’s Ezra…
Read More » -
Asia
MOL to issue Japan’s first green bonds
Japan’s Mitsui OSK Lines (MOL) has announced a plan to issue green bonds through a public offering in Japan’s domestic…
Read More » -
Greater China
New investors allocate $333m for Dayang Shipbuilding restructuring
SUMEC Group, a state run machinery manufacturer based in Jiangsu, has announced that the company and Yangzhou Yunhe Xincheng Construction…
Read More » -
Asia
Great Eastern Shipping acquires secondhand VLGC
India’s Great Eastern Shipping has signed a contract to acquire a secondhand very large gas carrier. The 2006-built 81,605 cu…
Read More » -
Greater China
Court to auction Hua Yun Shipping handymax
Ningbo Maritime Court will hold an auction for 2008-built handymax bulker via online platform Taobao on August 21. The proceeds…
Read More » -
Europe
Magseis awarded contract extension in the Middle East
Norwegian seismic service specialist Magseis has been awarded an extension for a cable operation in the Middle East. The company…
Read More » -
Europe
Prosafe awarded contract extension by BP
Offshore accommodation platform operator Prosafe has awarded an option by BP Exploration Operating Company to extend the charter of 1982-built…
Read More » -
Greater China
New Cosco management sets 1m teu target for OOCL
Hong Kong containerline OOCL has set out a path to join the teu millionaire’s club. Fresh from being taken over…
Read More » -
Americas
Ship Finance International VLCC catches fire off Chiba
The 2002-built VLCC , owned by John Fredriksen’s Ship Finance International, caught fire off the coast of Chiba, Japan on…
Read More » -
Middle East
Djibouti rejects court ruling on DP World dispute
The Djibouti government has refused to recognise a London court ruling which ruled in favour of Dubai-based port operator DP…
Read More » -
Asia
Bumi Armada secures six-year FPSO extension
Malaysian company Bumi Armada has signed a new bareboat charter contract with Hoang Long Joint Operating Company for the charter…
Read More » -
Asia
Pann Persero panamax sold in auction in China
China’s Tianjin Maritime Court has sold the 1995-built panamax bulker via online platform Taobao yesterday as a result of a…
Read More » -
Europe
Höegh LNG secures $177m debt financing for newbuild FSRU
Norway’s Höegh LNG Holdings has received commitment letters for a $177m million debt financing for one of its FSRU newbuildings.…
Read More » -
Europe
Subsea 7 awarded UK offshore contract
Norway’s Subsea 7 has been awarded a major offshore engineering contract by France’s Nexen for works at the Buzzard Phase…
Read More » -
Americas
Teekay orders two LNG-fuelled aframax tankers at Samsung
Teekay Corporation has announced that it has recently placed an order for two LNG-fueled aframax shuttle tankers at South Korean…
Read More » -
Middle East
DP World wins Djibouti terminal arbitration
The London Court of International Arbitration (LCIA) has ruled that DP World’s concession agreement for the Doraleh Container Terminal is…
Read More » -
Greater China
China Ocean Industry going to arbitration over undelivered ships
China Ocean Industry has announced that it intends to settle a shipbuilding dispute regarding undelivered ships by arbitration. Jiangzhou Union…
Read More » -
Americas
Hornbeck looks to complete construction of two cancelled MPSVs
US OSV operator Hornbeck Offshore is looking to resume construction works for two MPSVs it cancelled earlier this year at…
Read More » -
Greater China
Court to action off four Di Yuan Shipping bulkers
Guangzhou Maritime Court will hold auctions for four bulk carriers of financially troubled domestic bulker operator Shantou Di Yuan Shipping…
Read More » -
Operations
Weekly Broker: Dog day afternoons for S&P markets
It seems that the summer holiday season has come for the sale and purchase market. Softer activity has been seen…
Read More »