Region
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Socatra in for two plus two MR tankers
French shipowner Socatra, headed by Laurent Bozzoni, seems to be very close to sealing a new order for two plus…
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Odfjell Drilling awarded contract by Total E&P
Norwegian offshore driller Odfjell Drilling has been awarded a contract by Total E&P South Africa for drilling works offshore South…
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Petrobras awards Fugro two-year IRM contract extension
Netherlands-headquartered Fugro on Tuesday announced it has earned a two-year contract extension from Brazil’s state oil company Petrobras for work…
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Affinity: Focus on the start of a new cycle
Affinity Shipping is growing its financial services offerings, conscious of the “new breed of investors” coming into the industry, the…
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GE Power and Fincantieri collaborate on reducing ship emissions
GE Power and Fincantieri have announced a new partnership for the co-development of a new emission control solution to reduce pollution in…
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Wanjiang Logistics sets up auto shipping jv
Wanjiang Logistics, the operator of Wuhu Port, has signed an agreement with Changjiu Logistics, a third party car logistics company,…
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Filipino owners urged to order at domestic yards
Filipino shipowners and operators in the domestic trade have been urged to order ships with local shipbuilders for the modernisation…
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Maersk Supply Service signs long-term vessel contract with Blue Marine Group
Maersk Supply Service has signed a long-term contract with Subtec of Mexico, a subsidiary of Blue Marine Group, for one…
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Norway’s new seafarer salary scheme welcomed
The Norwegian government’s new salary scheme for seafarers, which came into effect over the weekend, means companies employing Norwegian seafarers…
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Oaktree sells product tanker to PetroVietnam
Investment outfit Oaktree Capital Management has let go of one of a product tanker, selling the 13,200 dwt to PetroVietnam…
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KKR walks away from NordLB’s shipping loans
German lender NordLB has ditched plans to sell a EUR1.3bn ($1.5bn) portfolio of shipping loans to KKR, after around a…
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Turkish ship fired upon by Greek coast guard
The master of a small Turkish general cargo ship said on Monday that the Greek coast guard had fired on…
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STX comes out of restructuring early
The court-led restructuring of STX Offshore & Shipbuilding has come to an early end with the Korean yard now able…
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More owners flock to Hanseatic Unity
Hanseatic Unity, the fast emerging German chartering firm, continues to grow with news Leonhardt & Blumberg and Asiatic / Atlantic…
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Greek shipowner boss trades barbs with the EU
A top name in Greek shipowning has lashed out at bureaucrats in Brussels and warned the Greek fleet could head…
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Simulation platform to be created to aid ship design
Rolls-Royce, the Norwegian University of Technology Science (NTNU), research organisation SINTEF Ocean, and classification society DNV GL have signed a…
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Dynacom Tankers acquires VLCC from Kyoei Tankers
Greek owner Dynacom Tankers has acquired a secondhand VLCC from Japanese owner Kyoei Tankers. VesselsValue shows that Dynacom Tankers bought…
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CWind secures Dong extension
Offshore windfarm service contractor CWind has secured a two-year extension to its existing three-year crew transfer vessel contract at the…
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Yinson Holdings sells 26% stake in Ghana FPSO to Japanese consortium
Malaysia’s Yinson Holdings has entered into a heads of agreement with a consortium of Japanese companies for the disposal of…
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General cargo vessel sinks near Guangxi
General cargo vessel Xin Bao Tai 1 sank near Weizhou Island, Guangxi yesterday afternoon. The vessel was carrying 3,250 tons…
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