Region
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Yinson Production closes $1.3bn financing for Agogo FPSO
Singapore-based Yinson Production has agreed a limited recourse term loan facility of up to $1.3bn for the pre- and post-delivery…
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Copenhagen Infrastructure Partners and Uniper form hydrogen partnership
Danish fund manager Copenhagen Infrastructure Partners (CIP) and Düsseldorf-headquartered energy company Uniper have teamed up to work on the production,…
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Pair of six-year-old LNG carriers primed for scrapping having never traded
Two six-year-old, 174,000 cu m Korean LNG carriers have anchored in the layup waters of Labuan in Malaysia having remarkably…
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Maersk raises profit outlook fuelled by Red Sea turmoil
Danish liner giant Maersk has lifted the lower end of its full-year guidance as it expects the robust box market…
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Inaugural Geneva Dry launches
The global dry bulk shipping community has converged in Switzerland this week for today’s grand opening of the first Geneva…
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Trafigura orders ammonia dual-fuel gas carriers
Commodities giant Trafigura has contracted four ammonia dual-fuel midsize gas carriers at HD Hyundai Mipo Dockyard in South Korea. The…
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Mercuria seals VLCC newbuilds
Mercuria Energy Trading has signed up for a fresh pair of very large crude carriers in China. The Swiss trader…
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China back as Australia’s top coal client
Further signs that the trade spat between China and Australia has come to a close. In 2020, China placed trade…
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Valaris brings in $480m worth of new rig deals
Offshore driller Valaris has reported several new contracts and contract extensions, with an associated contract backlog of approximately $480m. The…
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US planning 18GW offshore wind lease sales in Oregon and Gulf of Maine
The US Department of the Interior has announced two proposals for offshore wind energy auctions off the coast of Oregon…
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James Fisher set to work on offshore wind farm in Taiwan
UK marine service provider James Fisher and Sons has been awarded a contract worth over £1m ($1.25m) for the provision…
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Inland vessel breaks and sinks during loading operation
The inland vessel Courage broke on Wednesday morning while loading sand at an excavation area on the Waal river near…
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Australia gives nod to Ørsted for 4.8GW offshore wind project
The Australian Government has granted a feasibility licence for Ørsted’s first offshore wind project in Australia and intends to grant…
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Dali boxship to be removed by May 10
Officials expect to have removed the Dali containership from its lodged position in Baltimore port by May 10. The 9,962…
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Genco takes aim at Economou’s board pick
US-listed bulker owner Genco Shipping & Trading has hit back in its ongoing boardroom battle with Greek magnate George Economou…
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Geneva Dry Dialogues: Bureau Veritas
Matthieu de Tugny, president of marine and offshore at Bureau Veritas, is touching down in Switzerland ahead of his panellist…
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Turkey’s Yasa tied to first LR2 orders
Turkish owner Yasa has been linked to a debut LR2/aframax tankers order at two separate shipyards in China. Brokers in…
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Euronav and Frontline offload ageing suezmaxes
Tanker giants Euronav and Frontline have continued to clear out older tonnage with disposals in the suezmax segment. John Fredriksen’s…
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RCL back for more Huangpu Wenchong boxships
Thailand’s Regional Carrier Lines (RCL) has returned to CSSC-affiliated Huangpu Wenchong Shipbuilding in Guangzhou with a deal for two additional…
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DOF scores $192m in deals from Petrobras for two anchor handlers
Norwegian offshore vessel owner DOF has won new contracts for two of its anchor-handling tug supply (AHTS) vessels. Petrobras awarded…
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