Sector

PTP maps out 30m teu plan

October 15th, 20190 Malaysia's Port of Tanjung Pelepas (PTP), situated opposite the republic of Singapore, has outlined plans to nearly triple capacity to 30m teu by 2030 as Southeast Asian...

NGM Energy takes DS Tankers VLCC

October 15th, 20190 Nicholas G Moundreas’s NGM Energy has acquired 2000-built VLCC from German owner DS Tankers. According to Seasure Shipbroking, the Hitachi-built crude tanker was...

Spliethoff heads to Mawei for newbuilds

October 15th, 20190 Dutch outfit Spliethoff has signed contracts with Mawei Shipyard for two versatile DP2 B-type vessels. The B-Type vessels will combine the intake of a multi-purpose...

One in five VLCCs hit by sanctions

October 14th, 20190 One in five VLCCs in operation today face restrictions from US sanctions, according to data from Braemar ACM. Research carried out by the shipbroking house also shows...

Golden Ray to be dismantled in place

October 14th, 20191 Salvage experts in the US have decided it’s too difficult to right and refloat the , which capsized five weeks ago in St Simons Sound in Georgia. Instead, an operation...

Teekay awarded long-term FPSO extension

October 14th, 20190 Canada’s Teekay Corporation has sealed an extension with the Chestnut joint venture, between Spirit Energy and Dana Petroleum, to extend the contract of 2008-built...
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