Sector
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Ningbo Marine secures approval for tanker operations
Chinese dry bulk carrier operator Ningbo Marine has secured a certification from China Maritime Safety Maritime allowing the company to…
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CGG acquires stake in autonomous robot startup
French offshore survey service provider CGG has announced its seismic equipment unit Sercel has acquired a 34% shareholding in AMBPR,…
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Odfjell Drilling semi-submersible selected for second phase of Johan Sverdrup
Equinor has awarded a letter of intent to Odfjell Drilling for the drilling and completion of Sverdrup Phase 2 utilising…
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Seanergy seals acquisition of Japanese capesize
Greek capesize owner Seanergy Maritime Holdings has announced the acquisition of a secondhand capesize, growing its fleet to 11 vessels.…
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Cosco and Alibaba join forces in bid to transform shipping
Chinese state-run shipping giant Cosco Shipping has entered into an agreement with e-commence conglomerate Alibaba and its fintech affiliate Ant…
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‘Profiteering’ liners in the spotlight
Consultants Drewy issued a report noting how lines look set this year to make more money than they have in…
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Ardmore rejects ‘highly opportunistic’ Hafnia takeover offer
BW Group’s product tanker arm Hafnia revealed that it has proposed a combination with New York-listed product tanker owner Ardmore…
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New report urges shipping to build on aviation’s sustainable fuel lead
Not for the first time in recent weeks shipping has been urged to take a leaf out of the aviation…
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Klaveness Combination Carriers secures green financing for two vessels
Norwegian owner Klaveness Combination Carriers has secured a $60m sustainability linked term loan and revolving credit facility for the financing of…
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Berge Bulk takes K Line newcastlemax
Kawasaki Kisen Kaisha (K Line) is pruning its fleet, letting go of a newcatlesmax and a post-panamax. James Marshall-led Berge…
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H-Line in for five VLOC resales
Allied Shipbroking is reporting five Polaris Shipping VLOCs under construction at Hyundai Heavy Industries have been snapped up by fellow…
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Holbud fleet grows to 11 with d’Amico kamsarmax purchase
Despite strong broker links to Qatari bulker owner S’hail Shipping, Splash can reveal that UK-based commodity trader Holbud Group is…
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Nomikos bulker charged in Philippine hit and run case
The Philippine Coast Guard has filed criminal charges against the owner and crew of the bulk carrier , accused of…
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Kleven Verft files for bankruptcy
Norwegian shipbuilder Kleven Verft has filed for bankruptcy after a refinancing plan fell through. The offshore vessel specialist had latterly…
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North Star Shipping appoints new CEO
Aberdeen-based emergency response and rescue vessel (ERRV) operator North Star Shipping has appointed Matthew Gordon as the new CEO of the company, replacing Callum…
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K Line toughens its 2030 green targets
Kawasaki Kisen Kaisha (K Line) has amended its environmental targets, making for a far stricter cut in greenhouse gas emissions…
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CSSC secures $120m Payra Port contract
China State Shipbuilding Corporation (CSSC) has announced that an affiliate of the group has secured an EPC project for the…
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KNOT seals suezmax charter deal with PetroChina
Knutsen NYK Offshore Tankers (KNOT), a joint venture between NYK and Knutsen, has concluded a 10-year time charter contract with PetroChina…
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Yangzijiang offers reward to facilitate debt collection
Chinese private shipbuilding group Yangzijiang Shipbuilding has posted a reward in order to facilitate the collection of over RMB423.8m ($60.4m)…
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D’Amico offloads product tanker pair
D’Amico International Shipping, via subsidiary d’Amico Tankers, has agreed the sale of 2005-built MR product tanker pair and for $12.95m each. Delivery…
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