Sector
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Foremost sells off two older capes
Hot on the heels of newbuild orders for four methanol-powered kamsarmax bulkers in China, New York-based Foremost Group is offloading…
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Jinhui in $31m capesize swoop
Chinese bulker owner and operator Jinhui Shipping and Transportation is expanding its fleet with a capesize purchase from Taiwan’s Hsin…
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AD Ports builds base in Karachi
The UAE’s AD Ports Group has signed a concession agreement for bulk and general cargo operations with Karachi Port Trust…
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Valaris seals UK jackup deal with Shell
New York-listed offshore driller Valaris has secured a contract with UK supermajor Shell for its 2019-built heavy-duty harsh environment jackup…
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Eidesvik extends CSV shipmanagement deal with DEME
Norway’s Eidesvik has signed a three-year extension to its ship management agreement with Belgian marine contractor DEME for the construction…
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DOF wins PSV contract in Australia
Oslo-listed offshore vessel owner DOF has secured a contract from an unnamed international oil company for its platform supplier . …
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Wood scores $80m Equinor extension in Brazil
UK engineering firm Wood has secured an $80m contract extension with Equinor to deliver maintenance and modification solutions for Peregrino…
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Low mortality of unloaded cattle from problematic livestock carrier, fate of the rest still unknown
After nearly a month at sea and a few days in port, several hundred head of cattle from the livestock…
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Okeanis Eco Tankers reveals fresh vessel refinancing action
Greek owner Okeanis Eco Tankers has executed a series of vessel refinancings to optimise its capital structure. The New York…
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Japan’s Chubu joins Shell and Eneco with Dutch wind farm stake buy
Dutch utility Eneco has sold a 30% stake in Ecowende, a JV between Eneco and Shell, to Japanese firm Chubu…
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Paratus scores Mexico work for Titania jack-up
Paratus Energy Services has secured a one-year contract for the Titania jack-up for work offshore Mexico. The new contract will…
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Wallenius Wilhelmsen inks $300m transport deal
Norwegian car carrier operator Wallenius Wilhelmsen has signed a three-year transport deal worth around $300m. The multi-year deal is with…
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Evergreen and X-Press Feeders to create European feeder network powered by green methanol
Taiwanese global liner Evergreen has signed a memorandum of agreement with X-Press Feeders, the world’s largest independent common carrier, to…
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Seacor sells Caribbean liner business
US owner Seacor Holdings, a portfolio company of American Industrial Partners, has sold its Caribbean liner and logistics business, Seacor…
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ICS proposes subsidy system for green fuel use to reach net zero targets
The International Chamber of Shipping (ICS) has submitted a proposal to shipping’s global regulator, the International Maritime Organization (IMO), for…
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DP World reaches deal with Australian dockworkers
Australia’s crippling port strikes that have brought supply chains to breaking point over the past month are coming to a…
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Yara Marine Technologies sold
One of the most high-profile suppliers of green tech to the shipping industry has been sold. Yara Marine Technologies (YMT)…
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Monaco’s Transocean orders ultramax pair at New Dayang
Monaco-headquartered Transocean Maritime Agencies has emerged behind an order for two ultramaxes in China. Brokers report the bulker and tanker…
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ONE unveils novel reefer
Japanese liner Ocean Network Express (ONE) is trialling the world’s first dual-temperature refrigerated container, a box developed with Pan Pacific…
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FreightWaves: Media versus data
Within the maritime media landscape the big news this week has emanated from Chattanooga on the banks of the Tennessee…
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