Sector
-
Fuchuan Investment orders wind farm service platform at Mawei Shipbuilding
Fujian Offshore Wind Farm Service Company, a subsidiary of state-run Fuchuan Investment, has placed an order at Mawei Shipbuilding for…
Read More » -
Rowan lands new contract for idle jackup rig
Rowan Companies, which is in the middle of a $12bn combination with Ensco, has been awarded a new one-well contract…
Read More » -
Hayfin and Breakwater complete acquisition of UOS and Hartmann
Hayfin Capital Management and Breakwater Capital’s offshore vessel business United Offshore Support (UOS) has completed the acquisition of the commercial…
Read More » -
Trump moves to ease sulphur cap implementation date
President Donald Trump is reportedly looking to ease the phase-in of the IMO-mandated sulphur cap, worried that the global launch…
Read More » -
Greek owners cast doubt about 2020 compliance
The Union of Greek Shipowners (UGS) has warned that tramp shipping remains at risk come the January 1, 2020 introduction…
Read More » -
Scrubber-fitted dry bulk vessels will command 2020 premiums
A two-tier market will reward early adopters with higher time charter rates and asset values as cost of low sulphur…
Read More » -
Sinotrans Shipping proposes delisting
Sinotrans Shipping, a shipping subsidiary of Chinese state-run shipping and logistics major Sinotrans & CSC Holdings, has proposed to withdraw…
Read More » -
Eastern Pacific bags punchy $26.75m for 2016-built ultra
Idan Ofer’s Eastern Pacific has notched up what brokers describe as a “very good price” for an Imabari-built, two-year-old ultramax.…
Read More » -
KNOT orders shuttle tanker quartet at Cosco Shipping Heavy Industry
Knutsen NYK Offshore Tankers (KNOT) has signed shipbuilding contracts with Cosco Shipping Heavy Industry for the construction of up to…
Read More » -
S.D. Standard Drilling offloads three PSVs
Øystein Stray Spetalen’s S.D. Standard Drilling (SDSD) has offloaded two PSVs and executed a sale-and-leaseback deal on another. New World…
Read More » -
Sentinel Marine acquires 21-year-old PSV
Aberdeen-based offshore support vessel operator Sentinel Marine has acquired the 1999-built PSV from Canadian owner Secunda. The vessel, which is…
Read More » -
METIS: Groundbreaking maritime chatbot
Greek maritime technology firm METIS Cyberspace Technology reckons it can transform the management of shipping fleets via its latest maritime…
Read More » -
Scrubbers: the industrialisation of pollution or saviour of the planet?
It has been a brutal month for purveyors of open-loop scrubbers. Yes, sales tills continue to ring, with many manufacturers…
Read More » -
Sinopec to supply low sulphur fuel from next year
China’s state run energy giant Sinopec will start supplying low sulphur fuel from 2019, the company announced at an oil…
Read More » -
ENN Energy orders LNG bunkering vessel at DSIC
Chinese clean energy firm ENN Energy has placed an order at Dalian Shipbuilding Industry (DSIC) for the construction of a…
Read More » -
Fosen Yard takes over Nordseewerke Emden Shipyard
Norwegian shipbuilding group Fosen Yard has entered into an agreement with the investment group Deutsche Industrieanlagen and Patrick Hennings-Huep, the…
Read More » -
Giuseppe Bottiglieri puts entire tanker fleet up for sale
Naples-based Giuseppe Bottiglieri Shipping Company intends to sell all its fleet of tankers according to broking sources. The four MR1…
Read More » -
Nikolas Pateras embarks on feeder buying frenzy
Nikolas Pateras and his 2015-founded Contships Management have embarked on a feeder buying frenzy. Pateras, an adept asset player who…
Read More » -
Pilot in hot water over last year’s most watched shipping accident
The UK’s Marine Accident Incident Branch (MAIB) has released its report into one of the most high profile accidents of…
Read More » -
More than 80,000 hit by German box leasing Ponzi scheme
The first creditors’ meeting concerning the insolvency of the German shipping container lessor P&R took place in Munich yesterday, in…
Read More »