Sector
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Hornbeck Offshore heads for chapter 11
US offshore vessel owner Hornbeck Offshore Services has revealed in an SEC filing that it is headed for a prepackaged…
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Yinson FPSO work terminated by Aker Energy
Aker Energy has terminated a job with Yinson Holdings for the provision of a floating production storage and offloading (FPSO)…
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CMA CGM boxship cleared of coronavirus scare
Spanish authorities have cleared the suspicion of coronavirus infection onboard the 16,020 teu after the crew were tested. Tests were…
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Höegh LNG moves to establish FSRU in Cyprus
Höegh LNG has revealed that it has applied for an LNG infrastructure ownership, operations and development license in Cyprus. The…
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Polarcus awarded 3D survey project in Northwest Europe
Dubai-based offshore survey specialist Polarcus has secured an XArray 3D marine seismic acquisition project in Northwest Europe. The project will…
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ChartWorld acquires Maritime Services
Digital chart agent and ECDIS manufacturer ChartWorld, has announced the acquisition of Canada’s Maritime Services to strengthen its network in…
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HMM starts with THE Alliance
Today marks the first day for HMM in THE Alliance. The Korean flagship joins Hapag-Lloyd, Ocean Network Express (ONE) and…
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MSC introduces new flexible cargo service to fight congestion risks
Mediterranean Shipping Company (MSC) has introduced a new flexible cargo service to help fulfil the imminent resumption of demand from…
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Navigare: The deal sourcing pipeline
Navigare Capital Partners, a Copenhagen-based alternative investment fund manager dedicated to investments in maritime assets, is gearing up for a…
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Kühne ups stake in Hapag-Lloyd
Klaus-Michael Kühne has increased his stake in container shipping company Hapag-Lloyd to 30% as planned. “Kuehne Holding AG’s commitment is…
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Vitol enters Singapore bunkering market with Sinanju Tankers takeover
Energy and commodities giant Vitol has entered into the Singapore ship bunkering market with the takeover of local outfit Sinanju…
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BoComm Leasing orders VLOC quartet for Vale charter
Chinese leasing house Bank of Communications Financial Leasing (BoComm Leasing) has placed an order at Qingdao Beihai Shipbuilding for the…
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Transmed adds VLCCs
With VLCC rates enjoying extraordinary strength over the past month, interest in secondhand tonnage is also strong. Brokers are seeing…
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ITF launches $1.2m fund to support seafarers impacted by coronavirus
The ITF Seafarers’ Trust (ITFST) has launched a GBP1m ($1.24m) emergency fund to address the impact of the global pandemic…
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Siem Offshore granted payment deferral by lenders
Norwegian OSV operator Siem Offshore has entered into an agreement with the group’s secured lenders to provide time to secure…
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Solstad Offshore to offload 37 vessels as part of financial restructuring
Solstad Offshore, the Norwegian offshore vessel owning giant formed by the merger of Solstad Offshore, Deep Sea Supply and Farstad,…
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Diana Shipping kamsarmax charter extended by Cargill
Greek dry bulk shipowner Diana Shipping has entered into a time charter contract with Cargill International for 2013-built kamsarmax bulker…
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Another Dutch owner signs up for wind technology
Netherlands-based eConowind and Boomsma Shipping have announced their collaboration with eConowind contracted to install two of their wind-assist VentiFoil units…
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Silver Eagle Global to build a series of jackup vessels
Bahrain-based Silver Eagle Global, part of Saudi Arabian oil and gas service company Rawabi Holding, has entered into an agreement…
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European and American ports ready for box congestion
Container ports across the world aside from China are set to face imminent congestion as a swathe of boxes sent…
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