Sector
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DOF scores PSV contract in Oz
Norwegian offshore vessel owner DOF has sealed a 21-month contract for 2003-built platform supply vessel . DOF said the new…
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Noble Corp snaps up second jackup from PaxOcean
UK-headquartered offshore driller Noble Corporation has exercised an option for the purchase of a second newbuild jackup rig from shipbuilder…
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Bangladesh starts building its largest port
The congested nature of Bangladeshi ports is set for some alleviation with the construction of a giant new port. European…
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Inmarsat enters the maritime start-up race
Satellite communications giant Inmarsat has entered the fray in seeking out winning maritime start-ups. The London-headquartered company is teaming with…
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ExxonMobil takes option on Rowan drillship
US offshore driller Rowan Companies, soon to be part of Ensco, has announced that ExxonMobil has exercised the third of…
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KDB on standby to save Hanjin Heavy
State-run Korea Development Bank is on standby once again to step in and save one of the nation’s shipbuilders. Hanjin…
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Are VLCCs set to be 2019’s star performer?
The start of 2019 kicked off with a flurry of very optimistic analyst reports on the prospects for VLCCs. After…
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Maersk fixes US East Coast fuel supplies ahead of the sulphur cap
Maersk is getting its low sulphur fuel supplies fixed around the world as the days count down to the introduction…
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BIMCO tempers GDP growth projections ahead of IMO’s next greenhouse gas study
A global shipowning body has called for regulator International Maritime Organization (IMO) to dismiss high global gross domestic product (GDP)…
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Weekly Broker: Dry bulk market spooked into inaction
The Chinese New Year holidays together with the already negative sentiment prevailing across the market resulted in further pressure for…
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Thomas Schulte Ship Management: Acquisitions eyed
The fleet controlled by Thomas Schulte Ship Management now stands at 70 ships. Triple figures could be hit as early…
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V.Group and Inchape seal acquisitions in travel and agency
Ship management and services giant V.Group has acquired Global Marine Travel (GMT) from Inchcape Shipping Services. The acquisition will see…
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Shandong Shipping sets up bulker joint venture with ICBC Leasing
Chinese state-run shipping major Shandong Shipping has announced plans to set up a joint venture with ICIL Maritime Leasing, a…
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Rowan Companies drillship contracted to Petronas
Houston-based offshore driller Rowan Companies has been awarded a one-well contract in Mexico by PC Carigali Mexico Operations, part of…
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Another Emas Offshore rescue deal falls through
Offshore vessel operator EMAS Offshore, part of Singapore’s Ezra Holdings, has announced that a non-binding term sheet signed with Udenna…
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Siaci Saint Honore takes majority stake in Cambiaso Risso group
Siaci Saint Honore, one of the leading providers of insurance brokerage and consulting services headquartered in France and Italian broker…
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Navina makes first purchase of the year
Low profile Greek owner Navina Maritime has added its first ship in years. The pure bread bulker owner has decided…
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HJH CSL jv exercises bulker option at CSSC Chengxi
A joint venture by Canada’s CSL group and German Hartmann family’s HJH Shipmanagement has exercised an option with CSSC Chengxi…
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Pengteng adds its seventeenth boxship
Fast growing Chinese owner Qingdao Pengteng International Ship Management Co has added another boxship, taking the fleet of the 2016-founded…
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Boskalis clinches major subsea cable contract
Dutch offshore service provider Royal Boskalis has secured a major contract for the replacement and repair of a part of…
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