Sector
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Formosa Plastics continues fleet clearout
Taiwanese conglomerate Formosa Plastics is continuing efforts to downsize its fleet, having listed two more tankers for sale. According to…
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JES files for judicial management
JES International Holdings, a Singapore-listed defunct Chinese shipbuilder, has announced that an application has been filed in the high court…
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Transocean awarded slew of new contracts
Offshore driller Transocean has secured a series of new contracts, adding around $907m in contract backlog, according to the company’s…
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Diamond Offshore semi-submersible pair contracted by Shell
Houston-headquartered offshore driller Diamond Offshore has revealed a pair of contracts for semi-submersible rigs Ocean Apex and Ocean Valiant with…
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Korean Register clarifies its position on Stellar Daisy sinking
Classification society Korean Register (KR) has clarified its position in relation into the ongoing investigation into the sinking of the…
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Jadestone contracts Ensco jackup for Stag do
Singapore-headquartered Jadestone Energy has signed a rig contract with offshore driller Ensco for infill drilling on the Stag oilfield, offshore…
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Barakah Offshore awarded five-year contract from IPC Malaysia
Barakah Offshore Petroleum has secured a five-year farm-in agreement from IPC Malaysia to provide maintenance, construction and modification services in…
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TGS and CGG awarded Barents Sea survey project
Offshore survey specialists TGS and CGG have partnered up for a survey in the Barents Sea. The survey will include…
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Baltic weighs up the future of 74k index
The Baltic Exchange will likely push ahead and retire the old 74,000 dwt panamax index following the introduction of the…
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Insurance rule change brings coal delays in Indonesia
Bulkers are facing “significant” delays in moving coal shipments out of a number of ports in Indonesia, according to Alphabulk,…
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Search for Stellar Daisy starts
US ocean exploration company Ocean Infinity has announced that it has mobilised its survey vessel from Cape Town to begin…
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Hapag-Lloyd touts new steel floor boxes as the future of containers
Hapag-Lloyd has created a new steel floor container, which it claims can carry heavier cargoes than existing wood-floored boxes. “The…
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Hyundai Heavy workers voice concern about taking over DSME
The labour union of South Korean shipyard Hyundai Heavy Industries (HHI) has demanded the company involve the organisation in the…
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Boskalis offloads stake in SAAM SMIT Towage
Dutch group Boskalis has entered into an agreement to sell its stake in towage unit SAAM SMIT Towage to joint…
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Bahri clarifies position on Venezuela-bound tanker
One of the Middle East’s largest shipping lines, National Shipping Company of Saudi Arabia (Bahri), yesterday clarified that its tanker…
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DOF wins several new contracts
Norwegian offshore vessel owner DOF has been awarded several new contracts from undisclosed clients. Construction support vessel Skandi Neptune has…
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Shelf Drilling secures jackup extension from Chevron
Dubai-based rig operator Shelf Drilling has secured a six-month contract extension for its jackup rig in direct continuation of its…
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Malaysia Marine Department vessel and Greek bulker collide in disputed waters off Singapore
A vessel belonging to the Malaysia Maritime Department and a Greek panamax bulker collided yesterday afternoon in an incident likely…
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Neutral digital maritime platform launches
The Maritime Connectivity Platform Consortium (MCP) was launched on Friday. The platform is an open source technology. The digital maritime…
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Hagland and Wärtsilä pioneer hybrid retrofit
Finnish technology group Wärtsilä has signed an agreement with Norway’s Hagland Shipping AS for a hybrid retrofit installation. The project…
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