Sector
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CDB Leasing books nine ultramaxes at New Dayang
China Development Bank Financial Leasing (CDB Leasing) has returned to New Dayang Shipbuilding with a new deal worth up to…
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Biofouling risk grows as more ships idle
A new study reveals the Covid pandemic and subsequent port congestion and increased vessel idling, coupled with warming waters means…
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Long Beach’s 24-hour cargo pickup plans garner little interest
The Port of Long Beach announced in September a pilot program offering 24-hour cargo pickup at one of its terminals…
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Van Oord orders wind farm installation vessel at CIMC Raffles
Dutch offshore marine service group Van Oord has ordered a new offshore installation vessel to further strengthen its market position…
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MOL targets cable-laying
Japanese shipping giant Mitsui OSK Lines (MOL) has signed a memorandum of understanding with compatriot Kokusai Cable Ship (KCS) to…
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Crowley joins Vineyard Wind to turn Salem Harbour into offshore wind port
Crowley Maritime Corporation has joined forces with Vineyard Wind, the developer of the first large-scale offshore wind farm in the…
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BOEM to hold new oil and gas lease sale for Gulf of Mexico next month
The US Bureau of Ocean Energy Management (BOEM) will hold an oil and gas lease sale for the Gulf of…
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Nordic American Tankers sells suezmax as it pushes for fleet renewal
Nordic American Tankers is pressing forward with its fleet renewal plan having sealed a deal to sell one of its…
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Alicat to build North Star’s hybrid daughter craft for offshore wind sector
Great Yarmouth-based marine and engineering specialist Alicat has won a multi-million-pound contract from Aberdeen-based North Star Renewables to build the…
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Olympic Subsea offloads MPSV
Norwegian offshore vessel owner Olympic Subsea has sold the 2006-built multipurpose support vessel (MPSV) . Transaction details have not been…
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Wood awarded new deal with Shell and NAM
UK engineering firm Wood has secured new operations and maintenance contract from Shell and Nederlandse Aardolie Maatschappij (NAM) in the…
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Wintershall Dea looks to repurpose southern North Sea gas pipelines for CO2 transport
Germany’s Wintershall Dea is working with the OTH Regensburg University of Applied Sciences to explore how existing natural gas pipelines…
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World Bank takes its anti-LNG stance to the IMO
The World Bank has taken its anti-LNG stance to the International Maritime Organization (IMO). Ahead of November’s gathering of the…
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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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