Sector
-
Honghua Group disposes of offshore business
Chinese oil and gas drilling equipment manufacturer Honghua Group has announced that it intends to dispose of its entire offshore…
Read More » -
Pemex gets nod to drill its first presalt well
Mexico’s state oil firm Pemex has got the go-ahead explore the country’s first offshore presalt well. Approval from the national…
Read More » -
Solstad Farstad secures CSV contract extension
Norway’s Solstad Farstad has secured a contract extension from Blue Marine for its construction support vessel . The extension will…
Read More » -
Samsung Heavy wins first order for new FSRU design
South Korean shipyard Samsung Heavy Industries (SHI) has won a $221m order to build a LNG-FSRU from a consortium comprising…
Read More » -
Pillarstone goes all in on RBD Armatori’s rescue plan
KKR-controlled turnaround fund Pillarstone has decided to go all in for RBD Armatori, the Naples-based shipping company whose non-performing loans…
Read More » -
Study finds regulating ship speed could cut emissions by a third
Greenhouse gas emissions from three ship types – containerships, bulkers and tankers – could be reduced by a third, on…
Read More » -
Weekly Broker: Supramaxes top interest
This Thursday in our regular weekly filleting of broker S&P reports Splash has seen a steady batch of deals coming…
Read More » -
The best time to invest? Perhaps, but don’t lose sight of the Three Es
The industry is getting excited about asset values relative to earnings potential but keep a weather eye on the downside,…
Read More » -
Hartmann finds buyers for AHTS fleet
Breakwater Capital and Hayfin Capital Management have bought into 11 anchor handling tug supply vessels from Hartmann Group, which has…
Read More » -
ICS ‘deeply concerned’ by Ottawa’s bid to ban tankers off northern British Columbia
The Canadian Parliament is giving consideration to legislation that could ban the shipment of crude oil in the waters of…
Read More » -
Congo National Shipping Line on the hunt for more chartered MPPs
Broekman Logistics has forged a cooperation between its chartering and brokering division and the Congolese company Lignes Maritime Congolaises (LMC)…
Read More » -
Scorpio Bulkers secures funding for Golden Ocean ultramaxes
Emanuele Lauro-led Scorpio Bulkers has sealed a loan facility of up to $85.5m from Nordea Bank and Skandinaviska Enskilda Banken,…
Read More » -
Thoresen Shipping confirms Songa Bulk supramax acquisition
Thai owner Thoresen Shipping has announced the acquisition of 58,700 dwt supramax bulker Songa Marlin from Songa Bulk. Thoresen Shipping…
Read More » -
Live Animal Export: Dirty deeds, done dead cheap
“One sheep becomes multiple swollen, gelatinous and often gas filled slimy lumps with shedding wool, discoloured skin and eyes, tongues,…
Read More » -
Republican politicians plan to open up Arctic and Atlantic waters to drilling by using budgetary tactic
Republicans in the US Congress are planning to use congressional budget rules to let them pass policy that will open…
Read More » -
Pemex delays restart of Salina Cruz refinery because of aftershocks
Pemex, Mexico’s state oil firm, said on Tuesday it is delaying the reopening of its refinery at Salina Cruz because…
Read More » -
Subsea 7 buys out OCV stake from Solstad Farstad
Norway’s Subsea 7 has announced an agreement to acquire the remaining 50% shareholding in joint ventures Normand Oceanic and Normand…
Read More » -
GC Rieber Shipping awarded option for survey vessel
British Antarctic Survey (BAS), a unit of the Natural Environment Research Council (NERC), has declared its fifth and final option…
Read More » -
Trøim sets sights on dry bulk with launch of 2020 Bulkers
Tor Olav Trøim, once John Fredriksen’s right hand man, has created a dry bulk vehicle, placing orders for newcastlemaxes in…
Read More » -
Why now might not be the best time in the last 30 years to invest in shipping
A report carried on this site yesterday stating that now is the best time since the 1980s to invest in…
Read More »