Sector
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DNV GL’s 2050 forecast makes for sombre reading for tanker owners
Class society DNV GL has published its Maritime Forecast to 2050, which makes for good reading for those in container…
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Weekly Broker: Christmas rush for supramax bargains
The past week has seen continued firm interest in the secondhand bulker market with considerable transaction volumes especially for supramaxes…
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Lomar lines up older boxships for sale
Lomar Shipping has plans to sell some of its older boxships. A spokesperson for the London-headquartered line told Splash that…
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2020 Bulkers declares options on newcastlemax pair
Tor Olav Trøim’s 2020 Bulkers has declared options at China’s New Times Shipyard for a pair of newcastlemax dry bulk…
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Foremost Group adds newcastlemax pair at Waigaoqiao
New York-based bulker owner Foremost Group has signed shipbuilding contracts with CSSC-affiliated Shanghai Waigaoqiao Shipbuilding for the construction of two…
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Marco Polo Marine gets approval for Indonesian yard debt restructuring
Singapore’s Marco Polo Marine has received court approval for a debt restructuring of its Indonesian yard PT Marcopolo Shipyard. PT…
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Fredriksen’s Northern Drilling proceeds with newbuild semi-submersible
John Fredriksen’s new rig investment company Northern Drilling has exercised its option at Hyundai Heavy Industries (HHI) for semi-submersible rig…
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Ocean Rig explores sale opportunities
Nasdaq-listed Ocean Rig is ready to explore a sale under pressure from shareholders, according to Reuters citing unnamed sources. The…
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TGS and Schlumberger secures seismic project offshore Egypt
TGS-NOPEC Geophysical Company (TGS) and Schlumberger has secured a new 2D seismic project offshore Egypt. The project is part of…
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NovaAlgoma Short-Sea Carriers adds a mini-bulker
Lugano-based NovaAlgoma Short-Sea Carriers announced the purchase of a mini bulker from Norwegian Owners Oslobulk. The vessel previously operating as…
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Exmar orders VLGC pair for Statoil contract
Belgian owner Exmar has entered into contracts for two 79,500 cu m gas carriers to support a deal with Norway’s…
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New offshore specialist sets up in Aberdeen
Britain’s Global Marine Group (GMG), an offshore engineering services provider to the telecommunications, renewables and oil and gas industries, has…
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CSBC and GeosSea form offshore wind joint venture
Taiwanese shipbuilder CSBC Corporation has entered into a joint venture agreement with marine engineering firm GeoSea, a unit of Belgium’s…
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Statoil exercises option for Odfjell semi-submersible
Statoil has exercised the first of four options it has on Odfjell Drilling semi-submersible rig . Statoil originally contracted the…
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SBM Offshore completes financing for FPSO Liza
Netherlands-based SBM Offshore announced on Wednesday it has completed project financing of $720m for the floating production, storage and offloading…
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Norden CEO explains importance of global expansion
Jan Rindbo, writing in Norden’s latest in-house magazine, has discussed how the Danish line has expanded overseas a great deal…
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MPC Container Ships takes Cosmoship pair
Fast growing German feeder containership operator MPC Container Ships is continuing its fleet expansion, having entered into agreements to acquire…
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Fog causes halt to all shipping on Houston Ship Channel
Vessel traffic on the Houston Ship Channel, one of the world’s busiest commercial waterways, was halted on Tuesday because of…
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Bumi Armada commences worker cull as part of OSV department reorganisation
Malaysian offshore services giant Bumi Armada is reorganising its OSV business unit, which is likely to see 40% of the…
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HMM eyes giant ships with new money raised
South Korea’s Hyundai Merchant Marine (HMM) will split the KRW600bn ($554m) it has raised from a rights issue this month…
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