Sector
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New terminal starts trial operation at Jiangyin port
Shanghai: Jiangyin port in Jiangsu province has started trial operation of a new terminal at the Xiagang port area. The…
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Marine Assets Corporation hit by hackers
Dubai: Canadian miner Nautilus Minerals and Dubai’s Marine Assets Corporation (MAC) have revealed they have been the victims of a…
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LNG milestone for N-KOM
Doha: Nakilat-Keppel Offshore & Marine (N-KOM) has celebrated its 100th LNG carrier repair at the Erhama Bin Jaber Al Jalahma…
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Clearlake extends timecharters of Diana Shipping bulkers
Athens: Gunvor’s subsidiary Clearlake Shipping (Singapore) has extended the timecharters of two dry bulk carriers chartered from Greece’s Diana Shipping…
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BMZ Group buys more secondhand products tankers
Istanbul: Turkey’s BMZ Group is planning to spend around $180m on up to 10 products tankers. BMZ has just paid…
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Saga Tankers risks delisting
Oslo: Øystein Stray Spetalen, one of Norway’s most successful investors, has ignored a deadline to change the shareholding of a…
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Vik slips away from KNOT
Oslo: Arild Vik is leaving his position as chief executive and chief financial officer of Aberdeen-based KNOT Offshore Partners. “On…
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Fredriksen-controlled Flex LNG vessels delayed
Oslo: In a move to reduce operating costs Flex LNG has told Korea’s Samsung Heavy Industries to postpone the delivery…
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Sohar welcomes Dubai logistics firm
Muscat: Centre Point Logistics, a Dubai logistics player, has signed with Oman’s Sohar Port and Freezone to manage a 50,000…
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KOTC signs large repair deal with ASRY
Dubai: Kuwait Oil Tankers Company has signed a comprehensive drydocking agreement with Bahrain-based Arab Shipbuilding & Repair Yard Company (ASRY).…
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Police investigate hijacking
Jakarta: North Sulawesi Police are looking into the hijacking of a ship transporting 700 kiloliters of diesel while sailing from…
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Inpex to transfer Malaysian stake to Santos
Kuala Lumpur: Inpex has announced that its wholly owned subsidiary, Inpex Offshore South West Sabah, has agreed to transfer 10%…
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Peel Ports: The efficient route to market
Liverpool: The south of the UK is increasingly congested giving ports further north a greater chance to catch more business,…
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Ningbo Marine orders three bulkers
Shanghai: Ningbo Marine, the shipping arm of Zhejiang Energy, announced that the company has inked a newbuilding contract with Jinling…
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ABB wins propulsion contract for China-built LNG carriers
Shanghai: Leading power and automation technology company ABB has announced that it will deliver electrical propulsion systems for four LNG…
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Cheaper oil puts brakes on OSVs
Kohe Hasan from law firm Oon & Bazul on the offshore outlook for 2015 The offshore supply vessel (OSV) industry…
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Sohar welcomes Dubai logistics firm
Muscat: Centre Point Logistics, a Dubai logistics player, has signed with Oman’s Sohar Port and Freezone to manage a 50,000…
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German bank green lights Siem Offshore vessel purchase
Oslo: Siem Offshore has secured funding for the building of two well intervention vessels in Germany. The loan of EUR350m…
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Deep Sea Supply fixes bareboat charters
Oslo: John Fredriksen controlled Deep Sea Supply has secured two long term bareboat contracts for the PSVs Sea Tortuga and…
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Star Bulk demolishes another Panamax
Athens: Star Bulk has sold a bulker, Star Tatianna (69,600 dwt, built 1993) for demolition. The Panamax vessel should be…
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