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Pantheon adds to Greek tanker ordering rush
The Greek rush for tanker newbuilds continues apace. Brokers are linking Pantheon Tankers with an order for a brace of…
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Wisdom Marine orders bulker duo at Kawasaki Heavy Industries
Taiwanese bulker owner Wisdom Marine has announced that the board has approved a deal to order two 61,000 dwt bulk…
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FSL Trust seeks to extend loan repayment terms
FSL Trust directors have been in negotiations with lenders to extend a $480m loan by a year. FSL still has…
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Ultra Deep Solutions in for well intervention vessel at CMHI
Singapore’s Ultra Deep Solutions has signed an LOI with China Merchants Heavy Industry for a SALT 310 well intervention vessel.…
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McDermott and CB&I to combine in $6bn mega merger
Texas-based offshore services firms McDermott International and CB&I have agreed to a merger to create a fully integrated onshore-offshore company…
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Panama Canal increases maximum draft for new locks
The Panama Canal has announced an increase in the maximum allowable draft, after recent rainfall brought the Gatun and Alajuela…
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Workers sue Shell and Enbridge over injuries sustained in November oil platform fire in the Gulf of Mexico
Three workers who were injured in a fire on an oil platform in the Gulf of Mexico are suing units…
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Polarcus awarded Caribbean project
Dubai-based seismic specialist Polarcus has been awarded a new contract for a 3D project in the Caribbean. The project will…
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Statoil acquires quarter stake in Roncador field offshore Brazil
Norway’s Statoil on Monday announced it is acquiring a 25% stake in the Roncador oil field offshore Brazil from Petrobras,…
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Brand new Kuang Ming bulker refloated after grounding in Columbia River
A brand new bulk carrier owned by Taiwan’s Kuang Ming Shipping was successfully refloated after running aground in the Columbia River…
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GC Rieber Shipping CSV charter extended by Nexans
Norway’s GC Rieber Shipping has been given a pre-Christmas boost by Nexans Skagerrak, who have extended the charter of construction…
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MSC upgrades capacity of 11 mega boxships at Beihai Shipbuilding
Container shipping giant Mediterranean Shipping Company (MSC) has commissioned CSIC-affiliated Beihai Shipbuilding Industry for the conversion of up to 11…
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Dania Ship Management moves into dry bulk with Clipper partnership
Dania Ship Management, the Danish chemical tanker management company formed by V.Group and Nordic Tankers, has formed a partnership with Clipper…
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Dynagas seals Chinese sale and leaseback coup
China Development Bank Leasing (CDBL) has announced that it has entered into sale and leaseback agreements with an undisclosed party…
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Cosco Shipping Energy signs for seven tankers at GSI
Cosco Shipping Energy Transportation has officially signed shipbuilding contracts with Guangzhou Shipyard International, a subsidiary yard CSSC Offshore & Marine…
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SSY acquires Danish broker
British shipbroker Simpson Spence Young (SSY) has bought out Denmark’s Bidsted & Co in the latest phase of consolidation seen…
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Subsea 7 wins pair of contracts from Aker BP
Subsea 7 has been awarded two contracts from Aker BP in the Norwegian North Sea, at the Skogul and Valhall…
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DOF offloads PSV
Norwegian offshore owner DOF has sold the 1996-built platform supply vessel . The vessel has been in the DOF fleet…
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Facing up to the reality of a much smarter marine future
A couple of weeks ago, Wärtsilä announced its vision of a Smart Marine Ecosystem. Here in the words of Roger…
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Shanghai Ansheng Automotive Shipping to order two newbuilds
Chinese car shipping specialist Shanghai Ansheng Automotive Shipping has announced it will order two 2,300 ceu pure car carriers as…
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