Sector
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Delta Tankers moves to expand VLCC fleet
Diamantis Diamantides’ Delta Tankers has moved to grow its fleet according to brokers, with the acquisition of a VLCC worth…
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Equinor awards Bacalhau contracts to Baker Hughes, Halliburton and Schlumberger
Equinor has awarded Baker Hughes, Halliburton and Schlumberger contracts for drilling and well services at the Bacalhau field in Brazil.…
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McDermott awarded FEED contract for Ichthys
Houston-headquartered McDermott International has been awarded a front end engineering and design (FEED) contract for the INPEX-operated Ichthys Liquified Natural…
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Anglo American signs with U-Ming for LNG-fuelled cape series
Shippers getting owners to order gas-fuelled ships are increasing in number. Miner Anglo American revealed today it has tapped Taiwan’s…
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Proman Stena Bulk orders additional methanol-powered tanker
Proman Stena Bulk, a joint venture formed last year between Proman Shipping and Stena Bulk, has finalised an agreement to…
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Ørsted and BP to develop German renewable hydrogen project
Ørsted and BP have agreed to jointly develop a potential large-scale renewable hydrogen project at BP’s Lingen Refinery in northwest…
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Pankaj Khanna buys Heidmar pool from George Economou
Pankaj Khanna, a key lieutenant of George Economou for many years, has bought out the Greek shipping magnate’s tanker pool…
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PIL seeks extra breathing space with court trip
Under pressure Pacific International Lines (PIL) has provided an update on its restructuring, heading to Singapore’s High Court yesterday to…
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German cryogenics firm develops Covid-19 vaccine container solution
Shipping and financial markets have reacted positively to yesterday’s hopeful Pfizer coronavirus vaccine news. However, logistical concerns continue to be…
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Report lays bare the real reasons seafarers work such long hours
New research from a team at the World Maritime University (WMU) underlines systemic failures in the implementation of the regulatory…
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Columbia Shipmanagement debuts seafarer benefits package
Top management at Columbia Shipmanagement (CSM) has come good on a promise to lead shipping to review how it handles…
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Stolt Tankers and John T Essberger form parcel tanker joint venture
Stolt-Nielsen subsidiary Stolt Tankers and Germany’s John T. Essberger Group have entered into a joint venture for the operation of…
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Siglar Carbon: How to slash tanker emissions in half
Siglar Carbon, previously known as Freixchange, has come out with a bold statement this week, claiming it has the platform…
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Onassis exits cape segment
A massive number of cape sales continue to be reported. Onassis Foundation and its Olympic Shipping is exiting the cape…
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Borealis completes bargain boxship buy
Christoph Toepfer-led Borealis Finance has announced the acquisition of 2012-built 3,421 teu boxship for $10.2m. Borealis confirms broker reports from…
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Singapore’s GIC and private equity firm to acquire Miller
GIC, Singapore’s sovereign wealth fund, and private equity firm Cinven have announced that they have reached an agreement to acquire…
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Shell terminates Aban Offshore jackup contract
Shell has terminated a contract with Aban Offshore for the jackup drilling rig operating in Brunei. Shell awarded a five-year contract…
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Bilobe tank breakthrough paves way for upscaling of carbon capture projects
Two European companies have developed what they claim to be groundbreaking new vessel designs to advance maritime CO2 transport capacity…
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Zhuhai Port expands into wind power equipment manufacturing
China’s Zhuhai Port has announced a plan to take control of Tianneng Heavy Industries by acquiring a 18.37% equity stake…
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Vroon anchor handler awarded Cambodian charter
Dutch owner Vroon has secured a charter in Cambodia for 2012-built anchor handling tug supply vessel . The vessel has…
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