Sector
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Glomar buys out Rederij Groen
Dutch offshore support vessel player Glomar has struck a deal to buy out compatriot owner Rederij Groen and take full…
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N-Sea charters survey and ROV support vessel from Geo Plus
Dutch subsea services specialist N-Sea Group has entered into an agreement with Geo Plus to long-term charter a hybrid survey…
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OX2, Ingka Investments apply for Swedish offshore energy hub construction permit
Stockholm-based renewable energy developer OX2 and IKEA owner Ingka Investments have submitted a permit application to construct the offshore energy…
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Hanwha Ocean suspends production after fatal incident
Hanwha Ocean has suspended production at its Okpo Shipyard on Geoje Island after a fatal accident on Friday. Local media…
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Eagle Bulk ship hit by missile off Yemen
A bulk carrier owned by US-based Eagle Bulk Shipping has been struck by a missile in the Gulf of Aden.…
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Fratelli Cosulich orders its first methanol dual-fuel bunker tanker backed by TFG Marine charter
Italian owner Fratelli Cosulich has ordered its first methanol dual-fuelled chemical bunker tanker backed by commodities trader Trafigura and John…
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Houthis defiant despite repeated strikes on Yemeni bases
The Middle East remains a dangerous, red-hot cauldron for merchant shipping with many actors from various shorelines impinging on the…
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Alex Saverys outlines plans for 120 low-carbon ships
The new-look Euronav is drawing up plans for 120 low-carbon ship orders. At a capital markets day on Friday, Alexander…
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Vietnam’s top shipbuilder faces bankruptcy
Vietnam’s top shipbuilder, SBIC, formerly known as Vinashin, is set to be declared bankrupt after multiple efforts to restructure the…
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Vietnam’s liner shipping connectivity leaps
Vietnam’s emergence as a manufacturing powerhouse is showing up in ever greater detail on the global container map. The Southeast…
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Frontline offloads its five oldest VLCCs
John Fredriksen’s Frontline has confirmed the disposal of its five oldest VLCCs. The New York- and Oslo-listed tanker giant will…
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RCL orders boxship quartet in China
Multiple broking reports note Thai liner Regional Container Lines (RCL) has gone to southern China to order a quartet of…
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APM Terminals readies $500m investment in Louisiana
APM Terminals has lined up $500m for a container terminal on the west nank of Plaquemines Parish in Louisiana, US.…
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The creators of The Captain’s Table form start-up consultancy
The people behind The Captain’s Table, one of shipping’s top pitch competitions, have formed a start-up consultancy. Ship Shape Strategies…
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Saipem suspended from public contracts in Brazil for two years
Italian offshore engineering and construction giant Saipem has been suspended from signing new contracts with the Brazilian public administration for…
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BlackRock to take over Global Infrastructure Partners in $12.5bn deal
New York-based BlackRock has agreed to buy compatriot fund manager Global Infrastructure Partners (GIP) in a $12.5bn cash and shares…
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Santos to resume Barossa gas pipeline construction after court win
Australian energy major Santos has been permitted to continue work on laying an underwater pipeline for its $5.7bn Barossa gas…
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NKT orders new cable laying vessel
Danish offshore cabling specialist NKT has placed an order for the construction of a new cable laying vessel. According to…
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Pertamina International Shipping orders 15 product tankers at Hyundai Mipo
Indonesia’s Pertamina International Shipping (PIS) is bolstering its fleet with a newbuilding deal for 15 MR product tankers in South…
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Elbdeich Reederei declares option on two methanol-fuelled boxship newbuilds
German owner Elbdeich Reederei has declared an option at China’s Wenchong yard for two methanol dual-fuel containership newbuilds. Elbdeich ordered…
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