Sector
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Tankers lose more than $3bn annually on VOC emissions
Around 70m barrels of hydrocarbons are lost yearly due to evaporation of volatile organic compounds (VOCs) during loading, storage and…
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Norwind Offshore orders SOV and up to four CSOVs at Vard
Fincantieri-controlled Norwegian shipbuilder Vard has struck a deal with Ålesund-based Norwind Offshore for the construction of up to four commissioning…
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OceanPact acquires MPSV from Neptune
Brazilian offshore vessel owner and services provider OceanPact Serviços Marítimos has expanded its fleet with the addition of the 2011-built…
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Maine moves forward with floating offshore wind research site
The Governor of Maine on Friday applied to the US Bureau of Ocean Energy Management (BOEM) to lease 15 square…
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COSL Drilling awarded Ithaca UK contract
COSL Drilling Europe, the European arm of China Oilfield Services Limited, has been awarded a contract by Ithaca Energy for…
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Belships snaps up supramax pair for $56m
Norway’s Belships continues its fleet expansion programme with the acquisition of 2016-built supramax pair for $56m. The Japanese-built 58,000 dwt…
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Eneos doubles LPG/ammonia carrier order at Kawasaki Heavy
Japanese shipbuilder Kawasaki Heavy Industries (KHI) has landed another deal with compatriot Eneos Ocean Corporation for an 86,700 cu m…
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Diana Shipping seals cape charter with Olam
NYSE-listed Greek bulker owner Diana Shipping has entered into a time charter contract with Olam International for 2005-built capesize .…
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Velesto seals Petronas jackup deal
Offshore drilling unit of Malaysia’s Velesto Energy has secured a letter of award from compatriot upstream company Petronas Carigali for…
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JP Morgan picks up Oceanbulk newcastlemax
US investment firm JP Morgan has added another bulker to its fleet according to brokers, snapping up the 2017-built newcastlemax…
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Target goes down the vessel chartering path taken by Walmart, Home Depot and Costco
Target, the eighth largest retailer in the US, is the latest shipper to charter in its own tonnage in the…
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Container markets hit a plateau
October starts with a clear impression that the red-hot container shipping market has hit a plateau after all manner of…
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China and India square off at Colombo Port
Asian rivals China and India are now squaring off in Sri Lanka. Yesterday saw Indian conglomerate Adani sign a $700m…
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Höegh Autoliners taps China Merchants Heavy for ammonia-ready car carriers
Norway’s Höegh Autoliners has struck a deal with China Merchants Heavy Industry (CMHI) to build a series of its multi-fuel…
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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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