Sector
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Zero emissions by 2050 target gains greater backing among IMO member states
Eleven Asian countries have come out in support of the proposal by the Marshall Islands and Solomon Islands for the…
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MSC most recent carrier sued under US law on Cuban trade
Mediterranean Shipping Co. (MSC) has been sued in a US court for violating the Helms-Burton Act. The Act is intended…
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Nine jailed for bunkering offences in Singapore
Nine members of a criminal syndicate have been convicted for cheating buyers of marine fuel oil worth around $337,000. A…
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Unitrove: Liquid hydrogen bunkering
UK-based clean energy solutions provider Unitrove has set out to deliver the world’s first liquid hydrogen bunkering facility for fuelling…
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Tufton adds handy pair
Tufton Oceanic Assets has struck a deal to acquire two handysize bulkers for $41.2m using the earnings it secured from…
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New port opens on the upper stretches of the Yangtze
Sizeable ships are able to get further and further up the Yangtze, China’s largest river, opening up vast hinterlands for…
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Canada pension fund to buy Ports America from Oaktree
Canada Pension Plan Investment Board (CPP Investments) has struck a deal with Oaktree Capital Management to take over full control…
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Subsea 7 wins new contract worth more than $750m
Subsea 7 said it has been awarded a major contract worth in excess of $750m, without disclosing the project or…
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Global offshore wind pipeline passes 400 GW mark
The total pipeline of offshore wind projects around the world currently stands at 413 GW, new research by RenewableUK’s project…
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Macquarie’s GIG acquires Swedish offshore wind project
Macquarie’s Green Investment Group (GIG) has acquired the rights for the Kattegatt offshore wind farm from Agrivind in Sweden. Situated…
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Aker BP awards PSV contract to Simon Møkster
Norwegian shipowner Simon Møkster Shipping has secured a three-year time charter deal from Aker BP for the 2012-built platform supply…
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BOEM to conduct environmental review of proposed Atlantic Shores projects offshore New Jersey
The US Department of the Interior announced this week that the Bureau of Ocean Energy Management (BOEM) will conduct an…
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Liberian Registry becomes the world’s largest tanker flag
The Liberian Registry is now the world’s largest tanker flag. With the recent addition of 2.7m gt of new tankers,…
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NYK looks to set up LNG bunkering business in western Japan
Japanese shipping powerhouse Nippon Yusen Kaisha (NYK) has partnered with fellow Itochu Enex, Sibu Gas and Kyushu Electric Power to…
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Icon Offshore awarded jackup extension in Malaysia
Malaysian offshore service provider Icon Offshore announced that its subsidiary Perisai Offshore has secured a contract extension from Petrofac for…
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TS Lines enters China – New Zealand trades
Taiwanese carrier TS Lines has launched a dedicated liner service between China and New Zealand. The boxship owner will deploy…
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Solstad and Eidesvik secure PSV charters with Aker BP
Norwegian vessel owners Solstad and Eidesvik Offshore have been awarded long-term charter contracts by Aker BP for their platform supply…
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Splash Extra: Container shipping and global inflation
Container rates look to have hit a plateau, but remain at massively elevated levels, 329% higher than they were this…
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Biden kicks off Americas version of the Belt and Road Initiative
A delegation of US officials will visit Colombia, Ecuador and Panama this week in a “listening tour” intended to identify…
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CMA CGM debuts business matchmaking marketplace
CMA CGM has taken a leaf out of the Amazon playbook, unveiling a business matchmaking marketplace. The new NETWORKING platform…
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