Region
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DOF wins MPSV contract extension
Norwegian offshore vessel owner DOF has bagged a contract extension from Prime Energy Resources Development for the 2012-built MPSV Skandi…
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Ocean Installer secures work offshore Angola
Ocean Installer has been revealed as a consortium partner with Oceaneering in a significant contract from TotalEnergies Angola and its…
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New marine insurance firm launches in London
Tom Fulford-Smith and Charles D’Alton, the founders of Latitude Brokers, have created a new shipping insurance entity called Ai Marine…
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COSCO signs for six tanker newbuilds
COSCO Shipping Energy Transportation (CSET) has placed an order for the construction of six tankers spread between two shipbuilding units…
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Louis Dreyfus Armateurs selects shipyard for wind-assisted roros backed by Airbus charter
French family-owned shipowner Louis Dreyfus Armateurs (LDA) has selected China’s Wuchang Shipbuilding to build three roro vessels which will serve…
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Master and chief engineer kidnapped off Equatorial Guinea
The Tuvalu-registered 13,000 dwt tanker was boarded 45 nautical miles south of Bioko Island, Equatorial Guinea on January 1 with…
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Inchcape buys into Leth Suez Transit
Inchcape Shipping Services has taken a major stake in Leth Suez Transit, a well know Egyptian shipping agency. Under the…
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AD Ports buys Spanish terminal from APM Terminals
AD Ports via Noatum Terminals, the terminals operations business of Noatum Group, has acquired 100% ownership of APM Terminals Castellón…
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Shipping starts shelling out for EU Allowances
The largest regional green regulations in the history of shipping came into effect yesterday with the industry included in the…
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Ethiopia eyes Berbera as primary port
Landlocked Ethiopia is looking at Berbera rather than Djibouti as its primary port for exports and imports. Abiy Ahmed, the country’s prime…
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Maersk Broker to rebrand as MB Shipbrokers in management buyout
Maersk Broker has completed a management and employee buyout from its long-standing owners, the Mc-Kinney Møller family. The Copenhagen-based ship…
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George Economou takes stake in Genco
George Economou has made a move on another publicly listed shipowner, with US dry bulk player Genco Shipping & Trading…
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Wisdom Marine and Synergy launch bulk carrier joint venture
Taiwanese shipowner and operator Wisdom Marine and Singapore-based shipmanagement giant Synergy Marine Group have established a joint venture company for…
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Samudera snaps up pair of ethylene carriers
Indonesian owner Samudera Shipping Line is expanding its fleet with two secondhand ethylene gas carriers. The Singapore-listed owner has agreed…
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Gulf Navigation buys Turkish Polimar out of agency partnership
Gulf Navigation of Dubai has bought out its partner in maritime agency services specialist Gulf Navigation Polimar Maritime. GulFnav has…
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EIG to take over Brazilian offshore player Ocyan in $390m deal
US-based institutional investor in the global energy and infrastructure sectors, EIG, has sealed a deal with Novonor and Brazilian Development…
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South Korea’s Taihan reveals cable layer investments
South Korean cabling firm Taihan Cable & Solution is pressing ahead towards becoming a total solution provider for subsea cables…
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Maersk picks Guangzhou Wenchong for next series of methanol-fuelled ships
Maersk has picked a yard in southern China to build its next raft of methanol-fuelled ships. Alphaliner is reporting Guangzhou…
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Ship hits mine in the Black Sea
A mine destroyed a general cargo ship in the Black Sea on Wednesday with the vessel’s captain reacting fast to…
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Don’t listen to the fearmongers over emissions trading in shipping
There is no reason to panic about the EU ETS – unless you are not fully prepared, writes Christian Rae…
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