Sector
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EDF Renewables to deploy floating wind turbines at BOD wind farm
EDF Renewables is planning to develop phase two of its Blyth Offshore Demonstrator (BOD) wind farm off England, using floating…
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Petrofac secures more North Sea work with INEOS FPS
Petrofac is expanding its provision of operations and maintenance support services for INEOS FPS to include engineering and construction support…
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China Merchants reviews chartering tactics as losses accumulate
China Merchants Energy Transportation (CMES) has reported an estimated total loss of RMB121.6m ($18.8m) across 14 bulkers it has chartered…
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Joe Biden focuses on clean energy for shipping
Eight days into his presidency and there’s already a host of initiatives signed by Joe Biden that will have enormous…
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Battered Maersk Essen anchors off Lazaro Cardenas
The 13,100 teu , which lost around 750 boxes during a storm in the Pacific on January 16, has arrived…
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Cosco sending 10 tankers to scrap
Cosco Shipping Energy Transportation has announced that the company plans to dispose of 10 elderly tankers as part of its…
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Heidmar pursuing growth through new product offering
Tanker pool firm Heidmar is seeing growth under its new ownership with the establishment of a new LR2 tanker pool…
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Amazon invests in electrofuels
Infinium, an American electrofuels solution provider, has seen some famous brands come in for its latest round of funding this…
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European shipyard merger off
A long mooted European shipbuilding merger has fizzled out. France and Italy on Wednesday decided to nix plans to combine…
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CU Lines orders Wenchong boxship pair
Fast-growing China United Lines (CU Lines) has placed orders at Guangzhou Wenchong Shipyard for two 1,930 teu vessels, according to…
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Weekly Broker: No let up in busy start to 2021
Dry bulk vessels continued to change hands at pace this week, despite the spot market showing some serious corrections. Several…
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DeepOcean winds down UK cable lay and trenching business
Norway’s DeepOcean has finalised the restructuring and wind down of its UK cable lay and trenching business, as announced in…
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Subsea 7 awarded contract by Equinor for carbon capture project
Subsea 7 has been awarded a major contract by Equinor for works at its Northern Lights carbon capture project. The…
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Shell buys majority stake in Irish floating wind farm
Energy major Shell has signed an agreement with Irish developer Simply Blue Energy to acquire a 51% share of its…
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Sinopec and Pacific Green form offshore wind partnership
Sinopec Star, a unit of China’s state-run energy giant Sinopec, has entered into a framework agreement with Pacific Green Technologies…
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CMA CGM wins Alexandria terminal concession
France’s CMA CGM said on Wednesday it has reached an agreement with Egypt to operate a future container terminal at…
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Cosco buys into Red Sea Gateway Terminal
China’s Cosco Shipping Ports (CSPL) has entered into an agreement with shareholders of Saudi Arabia’s Red Sea Gateway Terminal (RSGT)…
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Kanfer Shipping orders LNG bunker vessel pair at Taizhou Wuzhou Shipbuilding
Norway’s Kanfer Shipping has signed a letter of intent with Chinese yard Taizhou Wuzhou Shipbuilding Industry for the construction of…
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Eastern Pacific surpasses CO2 reduction target
Singapore-based Eastern Pacific Shipping (EPS) published its 2021 ESG policy today and is celebrating meeting its CO2 reduction target two…
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Boomsma Shipping commences wind propulsion trials
Dutch owner Boomsma Shipping has commenced trail operations of its first ship equipped with wind assisted propulsion system. The company’s…
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