Sector
-
Diana Shipping secures capesize charter with SwissMarine
Greek dry bulk owner Diana Shipping has entered into a time charter contract with SwissMarine for its 2007-built 174,261 dwt…
Read More » -
South Korea to launch K-Alliance liner alliance
Five South Korean container shipping companies will team up on Southeast Asia services next year according to a request by…
Read More » -
Saudi Arabia announces four new oil and gas fields
Saudi Arabia has announced that the country’s national oil and gas group Saudi Aramco has discovered four new oil and gas…
Read More » -
Shenghang Shipping orders chemical tanker at China Merchants Jingling Dingheng
Chinese domestic tanker operator Nanjing Shenghang Shipping has placed an order at China Merchants Jingling Dingheng Shipbuilding for the construction…
Read More » -
MMA Offshore awarded contracts for MPSV
Australian OSV operator MMA Offshore has secured two new contracts for multipurpose support vessel . One contract is for the…
Read More » -
Scorpio Bulkers offloads another bulker
Scorpio Bulkers continues its bulker fleet clearout having entered into an agreement to sell the 2016-built ultramax bulker . The…
Read More » -
ONE clinches charter for six mega containerships
Japanese liner Ocean Network Express has signed a letter of intent with Shoei Kisen Kaisha for the charter of six…
Read More » -
Maersk tops green liner poll, PIL in last place
Warsaw-based maritime and climate change organisation Gliese Foundation has crowned Maersk as the best global liner in terms of its…
Read More » -
South Korea allocates $869m to promote green ship tech
South Korea is going to allocate around KRW960bn ($869m) to support eco-friendly ship technology development projects as part of its…
Read More » -
Boxship charter rates hit highs not seen since just before Lehman Brothers collapsed
Charter rates for box ships now stand at highs not seen since the summer before Lehman Brothers collapsed, according to…
Read More » -
Weekly Broker: Iron ore prices hit the heights
The dry bulk sale and purchase market has seen another fruitful week, coupled with the rebound of average dry bulk…
Read More » -
DP World to build $1bn port in Senegal
Dubai-based port operator DP World has entered into an agreement with the government of Senegal to develop a deep water…
Read More » -
SBM Offshore and MISC FPSO contract extended by Shell in Brazil
Dutch FPSO operator SBM Offshore has announced a contract extension by Shell for the in Brazil. The five-year extension will…
Read More » -
Shelf Drilling sells jackup rig to Adnoc
UAE-based jackup rig operator Shelf Drilling has entered into an agreement to sell its 2019-built jackup rig to Adnoc Drilling.…
Read More » -
Hapag-Lloyd confirms order for six megamax boxships at DSME
Germany’s Hapag-Lloyd has finally signed on the dotted line for six 23,500+ teu ultra large container vessels at South Korea’s…
Read More » -
BW’s Epic Gas takes over Lauritzen Kosan fleet, creates $900m LPG powerhouse
LPG carrier operator Epic Gas has entered into an agreement with Lauritzen Kosan, the gas carrier unit of J. Lauritzen,…
Read More » -
Sumitomo spins off its ship trading business
Effective April 1 next year Japanese trading house giant Sumitomo Corporation is spinning out its ship trading business to a…
Read More » -
Two in, one out at Ridgebury
It’s a case of two in, one out this Christmas for Ridgebury Tankers with multiple broking reports suggesting the Bob…
Read More » -
Wan Hai’s buying charge continues with Eastern Pacific purchase
Wan Hai Lines is now emerging as one of the most aggressive buyers of post panamax tonnage and are now…
Read More » -
Cosco seals landmark VLEC deal with Liaoning Bora Enterprise
Cosco Shipping Energy Transportation has signed a letter of intent with Liaoning Bora Enterprise, a major private petrochemical company in…
Read More »