Sector
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Pacific Basin adds another ultramax
Pacific Basin has added another ultramax to its fleet according to brokers. The Hong Kong shipowner has been named by…
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Safe Bulkers offloads two panamaxes, brings in another
NYSE-listed dry bulk owner Safe Bulkers has offloaded two of its older panamax vessels and brought in a 2011-built panamax.…
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Existing GTT LNG containment system can be used to store ammonia
A design hurdle in the future shipping of ammonia (NH3 ) and its use as a fuel has been surmounted…
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Norwegian fields avoid strike action
Norwegian Oil and Gas Association and trade union SAFE have reached a solution in mediation yesterday, avoiding a strike at…
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Petrofac, Repsol Sinopec and TechnipFMC form UK North Sea alliance
Petrofac, Repsol Sinopec Resources UK and TechnipFMC have formed an industry alliance to maximise the recovery of oil and gas…
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BOEM halts Gulf of Mexico lease sale
The US Bureau of Ocean Energy Management (BOEM) is rescinding the record of decision for Gulf of Mexico Oil and…
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Wartsila unveils Jones Act hybrid SOV
Finland’s Wartsila has designed the world’s first US-flagged Jones Act compliant hybrid multi-purpose SOV. The design integrates a range of…
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Fleetscape see initial success with new financing structure
Alternative capital provider Fleetscape, an affiliate of Oaktree Capital, has entered into a new innovative financing structure with Macquarie Bank.…
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Remote controlled barge takes boxes from Zeebrugge to Antwerp
Yesterday saw the first sailing with a remote controlled vessel between the Belgian ports of Zeebrugge and Antwerp along the…
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Fratelli Cosulich set to order its first LNG bunkering tanker
Genoa-based Fratelli Cosulich is close to signing a new order for its first LNG bunkering tanker. Sources tell Splash that…
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Hutchison Ports reenters Saudi Arabia
Hong Kong port operator Hutchison Ports is reentering Saudi Arabia, winning a concession to develop and operate a multipurpose port…
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Great Eastern linked to bid for Shipping Corporation of India
Local media is reporting that Indian owner Great Eastern Shipping is like to submit a bid to acquire government-owned Shipping…
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Shippers baulk as contract box rates spike to massive highs
Contract rates as measured by the 23-year-old China (Export) Containerized Freight Index (CCFI) have risen faster than ever recorded putting…
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Stena Bulk: New look tankers
Across the various divisions at Stena exciting transformations are underway. Witness plans to become the world’s first decarbonisation exploration driller…
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Merchant fleet hits 100,000-ship milestone
This month the global merchant fleet of vessels above 100 gt has reached the 100,000-ship milestone for the first time,…
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ZIM seals deal for 10 Seaspan newbuilds
Israeli carrier ZIM has a struck a deal worth more than a $1bn with Seaspan, one of the world’s largest…
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Diversifying CMA CGM develops air cargo division with purchase of four freighter planes
Diversification at French liner CMA CGM is accelerating with news of the establishment of an air cargo division. CMA CGM…
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Italian shipowner arrested over hit and run trawler incident off Sicily
The Italian shipowner Raffaele Brullo, head and founder of the Augusta Due shipping company, has been placed under house arrest…
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Antwerp and Zeebrugge ports to merge
The City of Antwerp and the City of Bruges have come together and reached an agreement to merge their ports.…
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2006-built aframax sent for scrap following engine fire
The owners of an aframax that suffered an engine room fire in December have decided the comparatively youthful tanker is…
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