Sector
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Next offshore bidding round in Mexico sees 25 firms sign up
A total of 25 companies have requested to sign up for round 2.4 of bidding for deep-water oil and gas…
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DOF Subsea secures a series of new contracts
Norway’s DOF Subsea has been awarded a series of new contracts for its vessels. Pipelay vessel Skandi Neptune has secured…
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Cosco set for record container fleet growth next year
Next year Cosco’s container division will go through an unprecedented growth spurt, larger in size even than when it merged…
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China’s distant oil forays see many more VLCCs tied up
China’s increasing demand for oil in the first nine months of the year is the equivalent of soaking up 45…
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50% of ships due for 2017 delivery have yet to hit the water
With just two months of 2017 left the slippage in deliveries of the global orderbook looks set to be massive.…
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Bing Chen announced as new Seaspan CEO
Seaspan Corporation has appointed Bing Chen as its new chief executive officer, replacing Gerry Wang who leaves the company this…
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Aegean Marine Petroleum exits Singapore bunker market
Marine fuel logistics company Aegean Marine Petroleum Network has decided to exit the Singapore market as a physical supplier as…
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Dandong Port defaults on final note payment
Dandong Port, a major gateway port in northeast China, has announced that the company failed to make payments on its…
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Ports urged to work together to slash carbon footprint
Ports should work together to share emissions data and find ways to make the air cleaner, according to engineering consultancy…
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Scorpio Bulkers closes in on resale kamsarmax from Yangzijiang
Monaco-based Scorpio Bulkers is set to ink a deal for the purchase of a resale newbuilding bulk carrier. Broker sources…
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Maersk Oil extends Havila Shipping PSV contract
Norwegian OSV operator Havila Shipping has been awarded a six-month contract extension by Maersk Oil for the 2011-built platform supply…
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Petrobras recovers around $25m from Rolls-Royce, money related to bribery scandal
Brazil’s troubled state oil firm Petrobras, at the hub of a huge bribery scandal for several years, has recovered almost…
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Nhat Viet buys first bulker
Nhat Viet Transportation Corp has added its first bulker. The cabotage specialist has in the past focused on the wet…
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Canada introduces bill to crack down on vessel abandonment
Canada on Monday introduced federal legislation in Ottawa aimed at outlawing the abandonment of vessels in Canadian waters, according to…
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ICBC Leasing and CNNC Leasing to offer financing for offshore nuclear platform
China’s ICBC Leasing and CNNC Leasing have signed a strategic cooperation agreement with CNNC Offshore Power Development for a series…
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VBMS awarded offshore cable installation contract
VBMS, a subsidiary of Dutch offshore engineering specialist Boskalis, in consortium with NKT Cables has been awarded a contract by…
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Yun Qu Na secures $15m financing from China Merchants
Chinese online logistics platform Yun Qu Na has secured financing of RMB100m ($15m) from China Merchants Innovation Investment Management Company,…
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Apeejay snaps up second panamax bulker in quick succession
Apeejay Shipping has taken its second bulker in the space of just a couple of months, adding a 2004-built panamax,…
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Cosco orders 14 tankers
Cosco Shipping Energy Transportation (CSET), the tanker unit of China Cosco Shipping, has approved a proposal to order a total…
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North Korea accused of hacking into DSME
North Korea stands accused of hacking into one of the world’s top shipbuilders. A South Korean politician has claimed the…
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