Region
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Norway awards $193m funding to Odfjell Oceanwind floating wind venture
Odfjell Oceanwind and its partners Source Galileo Norge and Kansai Electric Power Company, have received NOK2bn ($193m) in state funding…
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Gulf Marine Services pens first part of two-phase deal in the Middle East
London-listed liftboat operator Gulf Marine Services (GMS) has signed the first of a two-phase contract for one of its vessels…
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Blystad PSV fixed to Shell for a year
Blystad Group’s platform supply vessel Songa Commander has secured employment with Shell in the UK North Sea. Brokers are reporting…
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Rem Offshore secures new PSV deal with Vår Energi
Norwegian offshore vessel operator Rem Offshore has been awarded a new contract by Vår Energi for its platform supply vessel…
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Wallenius snaps up Höegh Autoliners car carrier
Swedish shipowner and investor Wallenius Lines has emerged as the buyer of the Höegh Chiba from Norwegian car carrier player…
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Grindrod secures up to $113m in debt refinancing
Grindrod Shipping has struck a deal for an $83m loan with Nordea Bank and SEB Bank (Singapore). The Singapore-based bulker…
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Navigare Capital raises offshore wind wager with up to three CSOV newbuilds for Norwind Offshore
Denmark’s Navigare Capital Partners Norwegian is expanding its footprint in the offshore wind sector with up to three more commissioning…
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US probe finds questionable communications equipment on Chinese-built cranes
A US congressional probe has found questionable communications equipment on Chinese-built ship-to-shore cranes at American ports including cellular modems that…
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Capsized barge stops spilling oil off Tobago
The oil spill from a capsized barge near the Caribbean island of Tobago has stopped. Trinidad and Tobago’s government said…
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Nuclear Energy Maritime Organization founded in London
Widespread adoption of nuclear power at sea is moving a step closer with the creation of the Nuclear Energy Maritime…
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China’s second largest liner reveals changes at the top
Yang Shaopeng has stepped down as long-serving chairman of SITC International Holdings, setting in motion a series of promotions that…
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Kyrgyzstan joins the International Maritime Organization
The Kyrgyz Republic has become the latest state to join the International Maritime Organization (IMO). Kyrgyzstan, a landlocked Central Asian nation, has…
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Iberdrola makes $2.5bn offer to take full control of US subsidiary Avangrid
Spanish electric utility company Iberdrola has launched an offer to acquire the remaining stake in its US subsidiary Avangrid. Avangrid…
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Foresea seals $160m drillship contract extension with Petrobras
Brazilian drilling contractor Foresea has secured more work from Petrobras for its ultra-deepwater drillship ODN II. The deal worth around…
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Siem Offshore secures more work for MPSV
Norwegian offshore vessel operator Siem Offshore has secured a contract extension for its multipurpose support vessel Siem Dorado. The Cayman…
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Exxon lining up counteroffer for Hess’ Guyana assets
US oil company Hess is reviewing the timeline for the closing of a takeover deal by Chevron after compatriot oil…
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CIP and PetroVietnam link up for renewable energy projects
Danish fund manager Copenhagen Infrastructure Partners (CIP) and state-run energy firm PetroVietnam have teamed up to accelerate the energy transition…
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dship Carriers signs for up to eight MPP newbuilds in China
German MPP specialist dship Carriers is expanding its fleet with up to eight heavylift multipurpose newbuilds in China. The Hamburg-based…
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Shipping mourns first deaths from Red Sea crisis
Top officials from across the shipping industry have expressed their feelings about the first loss of lives from the five-month…
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Yang Ming, HMM and ONE urged to collaborate with MSC
Business consultants at AlixPartners have suggested the remaining members of THE Alliance should attempt to form a vessel sharing agreement…
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