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Operations
Weekly Broker: Iron ore prices hit the heights
The dry bulk sale and purchase market has seen another fruitful week, coupled with the rebound of average dry bulk…
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Ports and Logistics
DP World to build $1bn port in Senegal
Dubai-based port operator DP World has entered into an agreement with the government of Senegal to develop a deep water…
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Offshore
SBM Offshore and MISC FPSO contract extended by Shell in Brazil
Dutch FPSO operator SBM Offshore has announced a contract extension by Shell for the in Brazil. The five-year extension will…
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Offshore
Shelf Drilling sells jackup rig to Adnoc
UAE-based jackup rig operator Shelf Drilling has entered into an agreement to sell its 2019-built jackup rig to Adnoc Drilling.…
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Gas
Cosco seals landmark VLEC deal with Liaoning Bora Enterprise
Cosco Shipping Energy Transportation has signed a letter of intent with Liaoning Bora Enterprise, a major private petrochemical company in…
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Operations
Nautilus demands Maersk end forced redundancies of Dutch seafarers
Independent trade union Nautilus International has demanded that Danish line Maersk ends forced redundancies on its Dutch flagged vessels. According to…
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Offshore
Rem Offshore awarded CSV contract
Norwegian OSV operator Rem Offshore has been awarded a new contract for its 2008-built CSV . The vessel is currently…
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Offshore
PetroRio acquires semi-submersible rig for $1
Brazilian energy firm PetroRio has signed an agreement with Ventura for the 1974-built semi-submersible drilling rig for a nominal price…
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Tankers
Grindrod Shipping seals sale and leaseback deal for product tanker
Singapore-based Grindrod Shipping has entered into a sale and leaseback transaction with a Japanese leasing house for its 2016-built MR…
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Containers
Antong Holdings emerges from restructuring
Chinese domestic container shipping operator Antong Holdings has successfully completed a financial restructuring with its new owner. The company entered…
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Containers
SITC orders up to ten boxships at Yangzijiang
Chinese feeder boxship operator SITC has placed an order at Yangzijiang Shipbuilding for the construction of up to ten 2,600…
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Containers
Euroseas secures charter extension
Greek owner Euroseas has secured an extension of the charter contract for its 2008-built container vessel . The contract for…
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Dry Cargo
Safe Bulkers acquires newbuild post-panamax bulker
Greek bulk carrier owner Safe Bulkers has entered into an agreement for the acquisition of a Japanese-built 87,000 dwt post-panamax…
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Renewables
Rem Offshore secures CSV contract with Siemens Gamesa
Norwegian OSV operator Rem Offshore has secured a long-term charter contract with Siemens Gamesa Renewable Energy for its newbuild construction…
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Offshore
Shearwater GeoServices awarded India contract by ONGC
Shearwater GeoServices has secured a 3D broadband marine seismic acquisition contract from ONGC in the Western Offshore India area. The…
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Americas
Brazil eases cabotage policy
The government of Brazil has approved a proposal to gradually open up its domestic coastal market to foreign ships as…
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Renewables
Seacor Marine sells Windcat Workboats to CMB
US offshore vessel operator Seacor Marine Holdings has entered into an agreement to sell Windcat Workboats Holdings and its crew transfer…
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Shipyards
US adds 29 Chinese shipbuilding entities to sanctions list
The US Commerce Department has added 77 entities, including 59 Chinese companies and 29 Chinese shipbuilding entities, to its sanctions…
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Dry Cargo
Diana Shipping offload panamax
Diana Shipping has signed a memorandum of agreement to sell its 2001-built vessel 75,200 dwt panamax bulker Oceanis to an…
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Dry Cargo
Clipper acquires handy bulker pair
Danish bulk operator Clipper has announced the acquisition of two 2010-built 37,851 dwt handy bulkers. The company acquired the two…
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