Sector
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VBMS secures offshore installation work
VBMS, a subsidiary of Dutch offshore engineering specialist Boskalis, has secured a contract for the supply and installation of the…
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First shipment from Libra field offshore Brazil will be delayed
Brazil has postponed by some weeks its expected first oil shipment from the giant Libra pre-salt field in the Santos…
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Korea Line orders VLOC pair at Hyundai Heavy
Korea Line Corporation has announced today that it has placed an order with Hyundai Heavy Industries for the construction of…
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UNCTAD flags oligopoly concerns amid unprecedented container shipping consolidation
The United Nations Conference on Trade and Development (UNCTAD) has issued its latest maritime report buried deep in which is…
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Can we be honest about the damage we are all doing?
Amongst this week’s contributions to the gaiety of nations we may include the attempt by our industry’s lobbying bodies to…
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Authors of IMO ‘corporate capture’ report respond to criticism
The authors of this week’s contentious study into lobbying at the International Maritime Organization have responded to widespread criticism, insisting…
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Confitarma: Time for Italian owners to grow up
The newly elected chairman of the Italian shipowners association (Confitarma), Mario Mattioli, has some specific dossiers to work at in…
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Moment of truth for Japanese shipbuilding with naming of landmark 20,000 teu ship
Yesterday saw the naming ceremony for the first ever Japanese-built 20,000 teu class containership. On a clear blue-skied day a…
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Mitsui takes 50% stake in AKOFS Offshore
Norway’s Akastor says it is in advanced discussions with Japenese trading and investment company Mitsui & Co to expand collaboration…
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US Department of Interior proposes biggest ever oil and gas lease sale in Gulf of Mexico
The US Department of the Interior (DOI) on Tuesday announced plans for its biggest ever lease sale of oil and…
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Survey finds tech vendors do not understand challenges owners and crew face
Technology vendors do not understand the challenges shipowners and crew face, according to a survey carried on this site. The…
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Oldendorff takes another supramax
Hong Kong-registered Woodstreet, a joint venture between UK-based Clearwater Marine and Norway’s Viken Shipping, has sold a seven-year-old 58,000 dwt…
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Weekly Broker: Supramax love-in continues
With the Baltic Dry Index at highs this week not seen for more than 40 months, owners’ hunt for prized…
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Shanghai Newseas Navigation acquires ultramax from Raffles Shipping
Shanghai Newseas Navigation, the shipping unit of Orient International Logistics Holding, has announced the acquisition of 64,000 dwt bulker from…
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Angelicoussis confirms bulker order at Waigaoqiao
John Angelicoussis’s Anangel Maritime Services has officially signed shipbuilding contracts with CSSC-affiliated Waigaoqiao Shipbuilding for the construction of two 210,000…
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Start of construction delayed on Woodfibre LNG terminal
The start of construction on a liquefied natural gas (LNG) export terminal in British Columbia, Canada, has been postponed because…
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Kitack Lim forced to defend IMO’s neutrality in wake of controversial ‘corporate capture’ report
Kitack Lim, the secretary general of the International Maritime Organization (IMO), has been forced to defend the UN body’s neutrality…
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Mooted pipeline could see US shale gas shipped out Mexico
Tentative talks involving US shale gas producers and Mexico’s energy department could see one or more Mexican liquefied natural gas…
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Nordic American Tankers signs deal to finance balance of three Suezmax newbuildings
Nordic American Tankers (NAT) has signed the main terms with a major financial institution to help meet outstanding commitments on…
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Go Marine Group goes into administration
Australia’s Go Marine Group has become the latest casualty of the offshore downturn, having been placed into administration this week…
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