Region
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CARRIER53’ unpacks its goals
Hamburg’s newest shipping line has broken cover to detail its goals. Splash reported last week on the creation of CARRIER53’,…
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Ridgebury in significant fleet sell-off
Connecticut-based Ridgebury Tankers is the most notable tanker player in the S&P markets this summer. The outfit is reportedly bringing…
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Furetank and Algoma launch product tanker JV
Furetank and Algoma are entering into a joint venture agreement to construct four dual-fuel product tankers to trade in northern…
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Singapore project to develop ammonia bunkering vessel
Southeast Asian shipbuilder PaxOcean Engineering has signed a memorandum of understanding (MOU) with Singapore-based bunker vessel operator Hong Lam Marine…
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Labour racketeering scheme smashed in Puerto Rico
A federal grand jury in Puerto Rico has returned an indictment charging seven defendants with running a criminal enterprise dedicated…
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Keppel lands $2.9bn FPSO contract with Petrobras
Singapore’s Keppel Offshore & Marine, through its subsidiary Keppel Shipyard, has been awarded a $2.9bn contract by Brazil’s state-owned oil…
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Eneti banks $83m from sale of entire stake in Scorpio Tankers
Monaco-based owner and operator of offshore wind vessels Eneti has sold its entire holding of around 2.16m common shares in…
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Solstad secures vessel contracts in Norway and Brazil
Norwegian OSV owner and operator Solstad Offshore has secured more work in Norway and Brazil for two of its anchor…
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Skanska seals Virginia offshore wind port deal
Swedish construction and development company Skanska has penned a contract with the Virginia Port Authority for the redevelopment of the…
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Shell, Ecopetrol find gas in Gorgon-2 ultra-deepwater well in Colombian Caribbean
Shell and Ecopetrol, 50-50 partners in three South Caribbean blocks – Col-5, Fuerte Sur and Purple Angel – have discovered…
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UK introduces new five-year maritime security strategy
The UK has launched a new five-year maritime security strategy that sets out the guiding principles for the country’s approach…
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Ciner orders four handy bulkers in China
Istanbul-based shipowner and operator Ciner Shipping has expanded its bulk carrier orderbook with a fresh handysize newbuilding deal in China.…
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Beijing rate cut adds to concerns about the health of shipping’s most important economy
Economic signals from China, the world’s most important shipping nation, continue to alarm shipowners.The surprise financial news out of Beijing…
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Ukrainian grain headed for Africa
A United Nations-chartered ship loaded with 23,000 tonnes of Ukrainian grain set sail yesterday from a Ukrainian Black Sea port,…
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Maersk signs long-term transport deal with Singaporean furniture retailer
Singaporean furniture retailer Castlery and Danish carrier Maersk today announced a multi-year global integrated logistics and fulfilment partnership. The partnership…
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CSBC sells four boxship newbuilds to Wan Hai
CSBC, Taiwan’s leading shipyard, has finally found a buyer for four ships it ordered on its own account and has…
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Namsung back at Hyundai Mipo
South Korean intra-Asia operator Namsung Shipping has signed with Hyundai Mipo Dockyard for the construction of two 2,500 teu vessels,…
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Trawind orders 4,600 teu pair at Yangzijiang
Dalian-headquartered Trawind Shipping has ordered a pair of 4,600 teu boxships at Yangzijiang Shipbuilding, according to Clarksons Research. No price…
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ZIM invests in tracking solutions firm
Israeli carrier ZIM has invested $5.5m in compatriot tracking solutions provider Hoopo Systems. Established in 2017, Hoopo provides asset and…
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Altera Infrastructure enters chapter 11 as part of financial restructuring
UK-based Altera Infrastructure, formerly Teekay Offshore, has commenced a Chapter 11 process in the US after entering into a restructuring…
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