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Asia
Seamec awarded charter contract by ONGC
Indian offshore vessel operator Seamec has received a notification of award from compatriot oil and gas major ONGC for the…
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Greater China
SUMEC confirms Dayang Shipbuilding restructuring
SUMEC Group, a machinery manufacturer based in Jiangsu, has confirmed that it would join the restructuring of Yangzhou Dayang Shipbuilding,…
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Greater China
Sincere Navigation order at STX falls through
Taiwanese owner Sincere Navigation’s product tanker order at South Korean yard STX Offshore & Shipbuilding has fallen through after the…
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Greater China
Qingdao Yangfan emerges from restructuring
Qingdao Yangfan Shipbuilding has successfully completed a long restructuring process, having gone into bankruptcy protection in October 2016. State-run Huatong…
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Greater China
Yangzijiang Shipbuilding establishes joint venture with China Ocean Industry
Chinese shipbuilders Yangzijiang Shipbuilding and China Ocean Industry have signed an agreement to establish a shipbuilding joint venture. The joint…
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Europe
Jan De Nul awarded offshore wind farm construction contract
Belgian company Jan De Nul has been awarded a contract by wind farm developer Parkwind for construction works at Northwester…
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Europe
Petrofac scores Dutch offshore wind contract
UK oil and gas service provider Petrofac has been awarded a contract by TenneT, the Dutch-German transmission grid operator, for…
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Europe
Economou’s TMS Group signs scrubber deal for 53 vessels
George Economou’s TMS Group has signed a major deal with South Korean equipment company Panasia to acquire scrubber systems for…
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Europe
Scorpio Bulkers sells and charters back ultramax
Monaco owner Scorpio Bulkers has entered into a transaction with an unaffiliated third party for the refinancing of one of…
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Europe
Navibulgar secures Chinese financing for six newbuildings
Bulgarian owner Navibulgar has signed an agreement with China’s policy bank China Exim Bank for the financing of six newbuild…
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Europe
Yasa fixes newbuild tanker pair to Equinor
Turkish owner Yasa Shipping has fixed a charter contract with Norwegian oil and gas major Equinor for two of four…
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Greater China
Cosco secures US security clearance for OOIL takeover
China Cosco Shipping Holdings has announced that it has receive approval by the Committee on Foreign Investment in the US…
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Asia
Epic Gas seals $34m refinancing of five LPG carriers
Epic Gas has completed the refinancing of five LPG carriers with Crédit Agricole Corporate and Investment Bank. The $34m facility…
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Europe
Wallenius Wilhelmsen buys Syngin Technology
Norwegian vehicle logistics provider Wallenius Wilhelmsen has entered into an agreement to acquire 70% of the membership interest in US…
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Greater China
Cosco to sell OOIL shares to strategic investors
China Cosco Shipping Holdings has entered into sale and purchase agreements with three strategic investors for the proposed sale of…
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Europe
Prosafe secures charter contract from Aker BP
Offshore accommodation vessel operator Prosafe has signed a contract with Aker BP for its tender support vessel to provide accommodation…
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Asia
MISC inks 16-year FSO charter contract with Hess
Malaysia’s MISC has signed a long-term charter contract with Hess Exploration and Production Malaysia for on a bareboat basis. The…
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Asia
Seatankers orders debut LNG carrier at DSME
John Fredriksen’s Seatankers Management has placed an order at South Korean yard Daewoo Shipbuilding and Marine Engineering (DSME) for the…
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Greater China
China Ocean Industry inks debt restructuring deal with Zhejiang Ouhua
China Ocean Industry, the parent group of Jiangxi Shipbuilding, has entered into a debt restructuring agreement with Zhejian Ouhua Shipbuilding.…
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Asia
Sembcorp Marine ups purchase price for Sevan Marine assets
Singapore’s Sembcorp Marine has entered into an agreement with Sevan Marine to revise the purchase price for the majority of…
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