Sector
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Hyundai Heavy develops offshore CO2 storage platform
Hyundai Heavy Industries Group and its compatriot Korea National Oil Corp. (KNOC) have developed an offshore CO2 storage platform aiming…
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Borr Drilling seals new deals in West Africa
Norwegian jackup rig owner Borr Drilling has secured a letter of award and one letter of intent from undisclosed operators…
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Pemex restores production after platform fire
Mexican oil giant Pemex has resumed production of 421,000 barrels of oil per day from the E-Ku-A2 platform at its…
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Diana Shipping fixes bulker to Uniper at higher rate
Greek dry bulk owner Diana Shipping has landed a new time charter contract with Uniper Global Commodities for the 2013-built…
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Hafnia grows fleet in joint ventures with Andromeda and CSSC Shipping
Oslo-listed product tanker unit of the BW Group, Hafnia, has grown its fleet through two joint ventures, adding a pair…
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FSL offloads chemical tanker
Singapore’s FSL Trust Management has sealed a deal to sell its 2006-built chemical tanker, . FSL did not reveal the…
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Crimson Polaris bow towed to Hachinohe Port
The bow of the NYK-operated wood chip carrier has been towed into Hachinohe Port as the work to remove the…
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Chip shortages send car carriers into reverse
Car carrier firms, having been hit very hard by the onset of the pandemic last year, are now facing up…
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Owners urged to carry out surveys outside of China as tough new quarantine measures come into place
Ship repair and general drydocking operations have become more tricky in China, where authorities are introducing many measures to halt…
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US appoints port envoy to address supply chain disruptions
The White House and the US Department of Transportation have appointed a port envoy to the Biden-Harris Administration Supply Chain…
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Africa’s richest man promises to shake up the tanker trades with giant new Nigerian refinery
A new massive refinery under construction in Nigeria is set to change the West African tanker trades with suezmaxes likely…
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Navios bulker refloated, Maldives demands compensation for damaged reef
Navios Maritime Partners bulk carrier , which ran aground on a reef in the Maldives on August 19, was refloated…
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Denmark starts offering vaccines to seafarers
The Danish government has just announced that it will start offering vaccines for seafarers calling Danish ports or transiting Danish…
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Jadroplov orders up to three bulkers in China
Croatian bulker operator Jadroplov has entered into an agreement with an unnamed Chinese shipbuilder for the construction of two 63,000…
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Korean conglomerates join forces to ship CO2
The Koreans are getting in on the CO2 carrier bandwagon. Steelmaking giant Posco has teamed with Hyundai Mipo Dockyard and…
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Hurricane Ida shuts more than 95% of US Gulf oil production facilities
Hurricane Ida crashed into the Louisiana coastline on Sunday afternoon as a Category 4 storm near Port Fourchon forcing several…
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Prosafe loses Westcon court battle over rig conversion
Offshore accommodation vessel specialist Prosafe has been unsuccessful in its appeal to the Norwegian Supreme Court over NOK465m ($53.5m) bill…
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Shell production platform off Malaysia to run on solar and wind power
Shell subsidiary Sarawak Shell Berhad (SSB) has announced plans to develop its Timi gas project off the coast of Sarawak,…
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CGX takes option on Maersk Drilling semisub in Guyana
CGX Resources, operator and joint venture partner with Frontera Energy Guyana, has exercised an option for the 2009-built semisub to…
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Beijing demands tanker owners detail what they’re carrying onboard as they enter Chinese waters
Tanker owners coming near to China have more paperwork to complete. China is flexing its muscle in the South China…
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