Sector
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Shipping’s Tinder finds a match in Belgium
A German start-up claiming to be the Tinder of cargo transport has won a significant new tranche of sign-ups. Munich-based…
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Cosco buys into Peruvian port
Cosco Shipping Ports, the port operating unit of China Cosco Shipping Group, has entered into an agreement to invest $225m…
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Japan Drilling Company awarded semi-submersible contract in Indonesia
Japan Drilling Company subsidiary PT. Japan Drilling Indonesia, together with a shipping company in Indonesia, have entered into a drilling…
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SeaBird Exploration awarded contract extensions
Seismic specialist SeaBird Exploration has been awarded extensions to two of its existing contracts utilising survey vessels. Voyager Explorer, working…
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Middle East loop set to deploy 20,000 teu ships for the first time
Ports in the Middle East are set to receive 20,000 teu ships for the first time on a regular loop…
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Arrest warrants sought for Polaris and KR officials over Stellar Daisy sinking
Nearly 22 months after the tragic sinking of the Stellar Daisy VLOC arrest warrants have been sought by the Busan…
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The best time to invest in shipping?
Crude tanker stocks are ready for takeoff, argues J Mintzmyer from Value Investor’s Edge. As I discussed in a Splash…
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Weekly Broker: Owners pin hopes on Year of the Pig
The year of the dog is fading out with barely a bark, with owners hoping the upcoming Chinese New Year…
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Solstad Offshore writes down fleet by almost $100m
Solstad Offshore has retrospectively booked an impairment of NOK850m ($99.28m) on the value of its fleet in the third quarter…
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More scrubber bans branded as fake news
A projected proliferation of bans of exhaust gas cleaning systems around the world has been labelled as “fake news” by…
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UK sets out to become leading maritime tech pioneer
A new long-term strategy launched today aims to make the UK a top global test-bed of emerging maritime technologies. The…
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An ultramax in and two supramaxes out at Eagle Bulk
US dry bulk owner Eagle Bulk Shipping has confirmed the acquisition of a 2015-built ultramax bulker for $20.4m in a…
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Ocean Agencies makes rare purchase
Ocean Agencies, a low profile Ukrainian shipowner based in London, has made its first vessel purchase in years. The company…
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New Singapore owner emerges
Singapore has a new shipping line. Sea Lion Shipping last month launched a new Singapore – Pontianak feeder service, using…
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DOF awarded PSV contract
Norwegian OSV operator DOF has been awarded a two-year contract by a major North Sea operator for its 2011-built platform…
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Transocean raising $550m via note offering to fund drillship acquisition
Offshore drilling contractor Transocean is raising $550m via a senior secured note offering, with net proceeds to be used to partially…
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Shelf Drilling awarded jackup contract by ONGC
UAE-headquartered offshore driller Shelf Drilling has ben awarded a three-year contract for jackup rig by India’s Oil and Natural Gas…
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Waigaoqiao Shipbuilding partners up with Honghua Offshore
CSSC-affilated Waigaoqiao Shipbuilding has entered into an agreement with offshore equipment manufacturer Honghua Offshore to explore collaboration opportunities in the…
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CNOOC makes offshore wind market return
Chinese state-run energy giant CNOOC has made a returned to the offshore wind sector with its first investment since 2014.…
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Wilhelmsen Ship Management returns to FSRU management with Pardus Energy deal
Singapore-headquartered Wilhelmsen Ship Management (WSM) has sealed a management agreement with Pardus Energy for newbuild FSRU Turquoise. WSM will be…
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