Region
-
Seacat secures three-year Galloper Wind Farm contract
Offshore windfarm support specialist Seacat Services has secured a three-year contract from Galloper Wind Farm Limited. Under the contract, service…
Read More » -
Yuum K’ak’naab FPSO shut down for maintenance work
Mexico’s state oil firm Pemex has started maintenance work on its Gulf of Mexico floating production, storage and offloading vessel…
Read More » -
US mulls ban on selling oil to Venezuela
The US on Monday was considering sanctions on Venezuela that could include a ban on sales of US crude and…
Read More » -
Sri Lankan cement firm doubles fleet size
A Sri Lankan cement manufacturer has doubled the size of its fleet in a matter of weeks. Tokyo Cement, Sri…
Read More » -
Two vessels collide on Yangtze River, two missing
General cargo vessel Xin Hang Hai 2 collided with containership Chong Lun J3010 near Taicang part of Yangtze River on…
Read More » -
Hong Kong startup launches blockchain project designed to transform container shipping
A Hong Kong startup has launched a new blockchain initiative today that it claims could transform container shipping. 300cubits announced…
Read More » -
Tidewater emerges from Chapter 11 after completing agreed restructuring
New Orleans-based offshore support vessel (OSV) provider Tidewater on Monday emerged from Chapter 11 bankruptcy protection after successfully completing a…
Read More » -
SeaBird Exploration restructuring moves forward
Seismic specialist SeaBird Exploration has announced that it has obtained all consents required for the comprehensive restructuring of the company.…
Read More » -
Baltic Exchange closing its freight derivatives platform Baltex
The Baltic Exchange will close its freight derivatives platform Baltex at the end of the year. Baltex was launched six…
Read More » -
Navibulgar in for Chengxi handy quartet
Bulgaria’s largest shipowner continues its rapid fleet expansion with more Chinese handy orders. Navibulgar has gone to Chengxi Shipyard for…
Read More » -
Shreyas wins Indian steel mill contract
Indian boxline Shreyas Shipping and Logistics is moving into the breakbulk space, having clinched a deal with local steel mill,…
Read More » -
Evalend Shipping returns to Yangzijiang for four more bulkers
Greek owner Evalend Shipping has returned to China’s Yangzijiang Shipbuilding for the construction of four 82,000 dwt panamax bulkers at…
Read More » -
Pleiades Shipping enters dry bulk sector with order at Namura
Greek owner Pleiades Shipping has placed an order of two 85,000 dwt post-panamax bulk carriers at Japan’s Namura Shipbuilding. The…
Read More » -
Swiber defaults on coupon payment
Bankrupt Singapore offshore and marine group Swiber Holdings has announced that its wholly-owned subsidiary Swiber Capital will default on its…
Read More » -
Circle Maritime Invest secures financing for two AHTS vessels
Kazakhstan-based offshore vessel supplier Circle Maritime Invest has secured a 6-year loan of $14m from the European Bank for Reconstruction…
Read More » -
Abu Dhabi Ports signs $300m investment agreement with China
Abu Dhabi Ports has signed an investment cooperation agreement with China’s Jiangsu province to strengthen economic ties and build investment…
Read More » -
D’Amico closes third sale and leaseback deal
Luxembourg-based d’Amico International Shipping has closed a third MR tanker sale and leaseback deal, announced in the company’s latest set of result. The…
Read More » -
DeepOcean buys Searov Offshore
Subsea operator DeepOcean has acquired French company Searov Offshore. Searov, established in 2008, is an ROV service provider with a…
Read More » -
Gwadar eyes new shipyard
Gwadar, the Chinese bankrolled port city near Pakistan’s border with Iran, is looking at building a massive shipbuilding complex to…
Read More » -
Wisdom Marine raises $10.6m to fund newbuildings
Taiwanese owner Wisdom Marine has announced a plan to raise NTD320m ($10.58m) through issuing 32m new shares. It will use…
Read More »