Region
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OECD in favour of carbon tax for shipping
The International Transport Forum came out yesterday in favour of a carbon tax for shipping and very swingeing goals for…
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NYK in for Mipo product pair
Brokers report that the Tokyo-based Nippon Yusen Kaisha (NYK) has gone to South Korea with an order for two 52,000…
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Dae Sun closes in on annual target with raft of orders
South Korean small boxship specialist Dae Sun Shipbuilding & Engineering is expected to nail down a series of orders soon.…
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Norwegian Energy Company CEO steps down
Tommy Sundt has stepped down from his role of CEO at Norwegian North Sea E&P firm Noreco. Sundt, who joined Noreco…
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Hong Kong flag crosses 100m gt milestone
Hong Kong has become only the fourth shipping register in the world to crack 100m gross tonnes on its books.…
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Major shipping lines to cut surcharges in China
China’s National Development and Reform Commission (NDRC) has announced that it has received letters from a number of major shipping…
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Shell drilling vessels depart Alaska
The two leased drilling vessels at the heart of Shell’s now-abandoned Arctic oil exploration program are on the move away…
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Morits Skaugen blasts MAN for its Volkswagen-style engine testing
Telephones at Norwegian shipowner IM Skaugen rang off the hook today as the company’s CEO brought up an old case…
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Eni awarded two exploration licenses in offshore Egypt
Eni has won exploration licenses for blocks at North El Hammad and North Ras El Esh in offshore Egypt in…
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Diana charters panamax bulker to Cargill
Cargill International has chartered Diana Shipping’s panamax bulk carrier Melite (76,436 dwt, built 2004) for 11 to 14 months. The…
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Petronas terminates charter of Eurasia jack-up drilling rig
Eurasia Drilling’s jack-up rig Saturn has had its charter in the Caspian terminated by Petronas Carigali, effective October 8. The…
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Possible takeover of Siem Offshore edges nearer
Siem Europe has received acceptances to acquire a further 110,855 shares in Siem Offshore, which will raise its stake in…
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Ocean Installer wins subsea agreement from BP in Gulf of Mexico
Norway-based Ocean Installer has signed a regional framework agreement with BP for subsea work in the Gulf of Mexico. The…
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Samudera Indonesia to supply LNG to power plant
Samudera Indonesia has won a contract worth $70m to supply LNG to a power plant in Pomalaa, southeast Sulawesi, from…
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American Science and Engineering: Cargo scanning priorities
Billerica: “As concealment techniques grow more sophisticated, detection capabilities must become more comprehensive,” says the head of one of the…
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Economou’s DryShips offloading 17 ships
George Economou is actively marketing more bulkers for sale. Brokers confirm to Splash that a total of 15 panamaxes and…
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Hapag-Lloyd continuing with IPO plans despite uncertain market conditions
Despite choppy investor sentiment at present and dire rates on many container tradelanes, German boxline Hapag-Lloyd is sticking to its…
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INEOS enters offshore sector with North Sea gas field acquisition
Swiss-headquartered chemical specialist INEOS has announced it will acquire all of the UK North Sea gas fields owned by German-based…
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Overseas losses add to DSME’s woes
Another huge hole in the accounting books of South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) is likely to…
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Seoul reticent on who will run STX’s shipyards
Korean shipbuilding musical chairs has set the rumour mill into overdrive. Seoul’s ambition to streamline the number of shipbuilders in…
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