Region
-
Petrofac wins more EPC work on ONEgas’ Southern North Sea assets
Offshore engineering specialist Petrofac has won a contract extension in the Southern North Sea with ONEgas West, a joint venture…
Read More » -
New CEO takes the helm as private investors buy Acteon
UK-based marine contractor Acteon has been bought by private equity investors Buckthorn Partners and One Equity Partners. According to Acteon,…
Read More » -
Insurers brace for record payouts from Baltimore bridge disaster
Records look set to be broken in terms of shipping insurance payouts following Tuesday’s ship allision in Baltimore which saw…
Read More » -
Sanctions see Russian tanker fleet in ballast
There is now clear data to show that sanctions are hurting Russian seaborne exports of crude. As of a month…
Read More » -
MSC moves to take over Genoese newspaper group
Cash-rich Mediterranean Shipping Co (MSC) has followed in the footsteps of CMA CGM by getting into the media business. The…
Read More » -
Hafnia presses ahead with New York listing plans
Hafnia, the world’s largest product tanker owner, has publicly filed a registration statement for a New York listing to go…
Read More » -
MOL invests in American marine battery developer
MOL PLUS, the investment arm of Japan’s largest shipowner, Mitsui OSK Lines (MOL), is buying into Fleetzero, an American developer…
Read More » -
Union Maritime in for more Wuhu tankers
UK shipowner Union Maritime has increased its tanker orderbook with six newbuilds contracted at China’s Wuhu Shipyard. The Laurent Cadji-led…
Read More » -
Dynacom boosts suezmax orderbook at New Times
George Procopiou has returned to New Times Shipbuilding in China for a series of suezmax newbuilds. Procopiou’s Dynacom Tankers has…
Read More » -
SLB takes over majority stake in Aker Carbon Capture
Houston-based SLB has acquired an 80% share in Norway’s Aker Carbon Capture in a push to accelerate industrial decarbonization at…
Read More » -
McDermott bags offshore contract in Malaysia
Houston-based offshore contractor McDermott has struck a deal with PTTEP Sabah Oil for offshore transportation, installation and commissioning work at…
Read More » -
Floating solar platform prototype cleared for testing in Dutch North Sea
French class society Bureau Veritas (BV) has awarded the renewable energy company SolarDuck the world’s first prototype certification for floating…
Read More » -
Stena Drilling to upgrade Stena Evolution ultra-deepwater drillship
Stena Drilling, a subsidiary of Sweden’s Stena, has announced it would be upgrading its 7th generation drillship to enable drilling…
Read More » -
Sinokor takes Euronav VLCCs
South Korea’s Sinokor Merchant Marine is staying active in the secondhand market with another play in the VLCC sector. The…
Read More » -
UECC developing cashew nutshell liquid-based biofuel for maritime use
In collaboration with Lloyd’s Register Fuel Oil Bunker Analysis Advisory Service, Wartsila, and biofuel supplier ACT, United European Car Carriers…
Read More » -
Ocean Installer awarded more work by Equinor
Marine construction contractor Ocean Installer has secured more work with Equinor in the Norwegian Sea. The new contract covers the…
Read More » -
Dali crew hailed as ‘heroes’ as details emerge of deadly Baltimore bridge smash
The president of the United States yesterday hailed the rapid actions of those onboard the ill-fated Dali containership in the…
Read More » -
Prices for private maritime security guards shoot up
Prices for private maritime security guards onboard have shot up this year, new analysis from sister title Splash Extra shows.…
Read More » -
US reveals further sanctions on tankers linked to Iranian oil trade
The US has slapped sanctions on two more tankers and related players for their involvement in shipments of Iranian commodities…
Read More » -
Final ruling in long battle over the will of Evergreen founder
The will of Chang Yung-Fa, the founder of the Taiwanese global liner Evergreen, to leave all his deposits, stocks, and…
Read More »