Sector
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HMM denies move to take over SM Line’s transpacific business
South Korea’s flag carrier HMM has denied rumours carried in the local press that the company is looking to take…
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EuroDry eyes fleet expansion after $30m refinancing
Greek dry bulk owner EuroDry, recently spun out from Euroseas, says it has refinanced the debt on four of its…
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Wärtsilä: Why digitalisation should not be seen as an additional cost
Shipowners are misinterpreting digitalisation as an additional cost, argues one of Europe’s greatest maritime digital advocates in an exclusive interview…
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Intel chips in on Rolls-Royce’s autonomous shipping drive
Rolls-Royce and Intel are teaming up to develop autonomous ships. The new vessels the pair aim to develop will have…
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Saipem awarded new contracts worth $400m
Italy’s Saipem has signed new contracts in Azerbaijan, the North Sea and the Republic of Congo worth a total of…
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Rem Offshore CSV wins long-term contract
Åge Remøy’s Rem Offshore has been awarded a long-term contract for CSV (formerly Fugro Saltire). The contract, with an unnamed…
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The container conundrum
Santosh Patil tries to fathom how carriers managed to get into such an oversupplied situation. Having been a part of…
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UK moves to position itself as a leader in maritime decarbonisation
Britain is pushing ahead with plans to make the country a leader in maritime decarbonisation. Experts on clean shipping met…
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Höegh LNG vessel to leave Egypt
Höegh LNG and Egypt Natural Gas Holdings (Egas) have agreed to amend the time charter for , so the vessel…
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Cosulich and Novella team up for new LNG terminal in the port of Genoa
Genoa-based Cosulich and Novella groups are working together with the aim to provide LNG to the port of Genoa in…
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EMGS appoints interim CEO
Offshore seismic specialist Electromagnetic Geoservices (EMGS) has appointed Bjørn Petter Lindhom as interim CEO commencing December 1. Lindhom replaced Christiaan…
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Aker BP acquires King Lear stake from Equinor
Aker BP has entered into an agreement to pay $250m to acquire Equinor’s 77.8% stake in the King Lear discovery…
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Wallenius car carrier hit by fire off Germany
The 1983-built PCTC , owned by Swedish company Wallenius Lines and operated by UECC, caught fire in the North Sea…
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MOL focuses on next chapter in its smart ship voyage
Japanese shipping major Mitsui OSK Lines (MOL) is teaming up with compatriots Mitsui E&S Shipbuilding and Weathernews to launch its…
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South Korea looks at Russian Far East port investment
South Korea’s oceans ministry is to conduct a feasibility study looking at developing a port in Russia’s Far East with…
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SeaBird Exploration secures contract extension in Gulf of Mexico
Offshore survey specialist SeaBird Exploration has received a 30-day extension for its survey vessel , currently working on an ocean…
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OSV sales volumes at all time highs
Sales volumes for OSVs are at all time highs, but this has yet to translate into a meaningful – and…
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Why you’d have to be mad to order a new bulker today
Average index rates for smaller bulkers enjoyed their highest rates in the third quarter since 2011, according to the head…
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Another blaze injures seven at the world’s most dangerous shipping destination
The world’s most dangerous shipping destination has suffered another accident. Gadani, Pakistan’s main shipbreaking area, is reeling from another blaze…
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MSC invests in real-time tracking of its containers
The head of Mediterranean Shipping Company (MSC), the world’s second largest containerline, has predicted real-time tracking of all boxes around…
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