Sector
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Nakilat lands deal with QatarEnergy for up to 25 LNG newbuilds
Qatari gas shipping giant Nakilat has been selected by QatarEnergy to own and operate up to 25 vessels as part…
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Live Animal Export: How not to export live animals
A controversial livestock carrier has finally berthed at Fremantle today. Dr Lynn Simpson assesses how this ship’s blighted voyage to…
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India forecast to lead oil demand growth this decade
India will surpass China as the largest source of oil demand growth in the world this decade, according to a…
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Environmental groups urge EU to include CII in ship risk profiling
Several environmental groups sent an open letter to the EU Member States and Parliament on Monday urging the European Council…
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2020 Bulkers sells newcastlemax pair for $127m
Newcastlemax owner 2020 Bulkers has sold two 2019-built bulkers to an unaffiliated third party for a total consideration of $127.5m.…
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Capesize S&P deals dominate
Investors in the cape market threw cash on the table last week before the Chinese New Year kicked in. More…
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Series of ammonia-powered boxships under negotiation with selected yards
A contract for a series of ammonia-powered containerships is in the offing. MB Shipbrokers, formerly known as Maersk Broker, is…
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BIMCO to create industry standard for offshore wind turbine contracts
International shipping organisation BIMCO has established a subcommittee to work on a global standard contract for the transport and installation…
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Edda Wind offloads Edda Passat SOV
Oslo-listed offshore wind service pure play Edda Wind has sold its service operation vessel (SOV) to an undisclosed buyer. Edda…
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Trident Energy terminates deal for Island Drilling semisub
The contract for the rig, owned by Norwegian rig owner Island Drilling, has been terminated by Trident Energy over safety…
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Borr Drilling bags $82m worth of jackup deals
Tor Olav Trøim’s Borr Drilling has been awarded more work for its jackup rig fleet worth about $82.2m in total,…
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ADES scores contract extensions for jackup trio in Egypt
Saudi oil and gas driller Advanced Energy Services (ADES) has secured a contract extension for three of its jackup rigs…
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Diana Shipping charters out bulker to Ming Wah
New York-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Ming Wah International Shipping for…
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Furetank orders dual-fuel product tanker pair
Swedish shipowner Furetank has ordered two dual-fuel product tankers from China Merchants Jinling Shipyard in Yangzhou with delivery expected at…
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Washington unveils further sanctions against Russian-linked tanker operators
The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) took its second price cap enforcement action of…
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CMA CGM faces Polynesian hurdle in its pursuit of Bolloré Logistics
French liner CMA CGM has fallen foul of competition authorities in Polynesia in its bid to take over Bolloré Logistics.…
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Maersk sets new bar with shipping’s first climate target validation
AP Moller-Maersk has achieved another industry first, having validated its decarbonisation targets to be in line with the Paris Agreement’s…
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ExxonMobil lines up shuttle tanker newbuilds
US supermajor ExxonMobil has reserved up to four slots for shuttle tanker newbuilds in South Korea. Shipbuilding sources report Samsung…
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Costamare continues clearout of smaller bulkers
New York-listed Greek owner Costamare has reaffirmed its dry bulk fleet renewal and focus on larger tonnage in the sector.…
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Norsepower seals largest wind-assist contract to date
French shipowner Louis Dreyfus Armateurs (LDA) will install Norsepower Rotor Sails on a new low-emission roro fleet to be chartered…
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