Sector
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UK calls for zero global shipping emissions by 2050
Marking the start of London International Shipping Week, the UK government called today for an absolute zero target for international…
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Great Lakes welcomes regular dedicated liner service
The Great Lakes now has a regular container shipping service linking the North American heartland to Europe. Spliethoff has partnered…
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Ciner orders ultramax quartet in China
This month, Turgay Ciner and his Ciner Ship Management has fattened the outfit’s bulker arm significantly. Over the weekend, brokers…
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Critics question the climate crisis benefits of deep seabed mining
Marta Montojo and Ian Urbina from the non-profit Outlaw Ocean Project on the risks of dredging minerals from the ocean…
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UK to offer $366m in subsidies for renewable energy developers
The UK government has announced its biggest ever renewable energy support scheme, backed by an additional £265m ($366m), looking to…
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RWE, NTE and Havfram look to develop Norwegian offshore wind floaters
RWE, NTE and Havfram have teamed up to participate in the Norwegian government’s tender process for floating offshore wind projects,…
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BW Offshore strikes equity joint venture deal for Barossa FPSO
Oslo-listed BW Offshore has entered into a partnership for the equity financing of the floating production storage and offloading (FPSO)…
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PV Drilling awarded new jackup contracts
Petrovietnam Drilling and Well Service Corporation (PV Drilling) has been awarded new contracts for its jackup rig fleet by Vietsovpetro…
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Major LNG complex to be built at Ust-Luga
RusKhimAlyans, a joint venture of Gazprom and RusGazDobycha, along with Linde, and Renaissance Heavy Industries have signed EPC contracts to…
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Short-term contract in place for dredging of Argentina’s Parana River
Belgian company Jan de Nul has signed a short-term contract for the continued dredging of Argentina’s Parana River. The company…
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Diana Shipping seals new kamsarmax charter with Solebay
NYSE-listed Greek bulker owner Diana Shipping has sealed a new a time charter contract with Chinese firm Solebay Shipping Transocean…
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Hurricane Ida recovery efforts see return of a third of oil production in US Gulf Coast
About two-thirds of oil and three-quarters of natural gas production remain shut in almost two weeks after Hurricane Ida passed…
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CMA CGM startles rivals by vowing to stop spot rate increases for coming five months
Previous container shipping cycles tended to end in vicious rate-cutting grabs for market share. In 2021, the most extraordinarily profitable…
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Number of ships waiting for berth space outside LA and Long Beach set to top 50
Ships are being forced to drift outside Los Angeles and Long Beach as all anchorages are chock-a-block with the total…
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Walmart, Amazon and Cargill among 24-member new shipper advisory group in the US
Some of the biggest shipper names in the world are on the newly formed National Shipper Advisory Committee created by…
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Dutch boxship makes history with CO2 capture and storage installation
Dutch scrubber manufacturer Value Maritime is installing a CO2 capture and storage unit on a 1,036 teu boxship, , belonging…
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Petronas and Eneos to collaborate on hydrogen supply chain
Malaysia’s Petronas and Japan’s Eneos have partnered up to jointly develop a clean hydrogen supply chain between the two countries,…
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Diana Shipping clinches new capesize charter with Koch at higher rate
New York-listed bulker owner Diana Shipping has entered into a new time charter contract with Koch Shipping for the 2009-built…
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Seafarers land 4.5% pay raise
Seafarers will be getting a pay raise of 4.5% over the next two years after striking a deal with maritime…
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Not enough has changed with crew rotations
Ian Boyd from GAC Group gives readers an update on where the industry stands today in its fight to carry…
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