Sector
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Will 5G change logistics and ports?
The recent conference and summit circuit in Singapore has had a strong focus on technology and how it will forever…
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Zhejiang Henghui Shipping orders chemcial tanker at Yangfan Shipbuilding
Chinese owner Zhejiang Henghui Shipping has entered into a shipbuilding contract with Yangfan Shipbuilding for the construction of a 23,000…
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Subsea 7 appoints new management team
Norwegian offshore service provider Subsea 7 has announced the appointment of a new management team. As previously announced, the company…
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Euronav offloads three Chinese VLCCs
Belgian tanker giant Euronav has entered into a sale and leaseback agreement for three VLCC vessels with Taiping & Sinopec…
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57 crew kidnapped off West Africa in just one month
A total of 57 crew were kidnapped last month in and around the Gulf of Guinea, a similar figure to…
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Zhuhai Port Shipping orders 19 river vessels at Hainan Kaihong Shipyard
Zhuhai Port Shipping, the shipowning unit of Zhuhai Port, has placed an order at Hainan Kaihong Shipyard for the construction…
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The newbuilding quandary
Zane Berry from MCA Consulting writes for Splash today on what are the realistic propulsion options for ships ordered this…
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HMM boss sets out 2020 goals
In his first new year’s address to employees since becoming president and CEO of Korea’s largest shipping line, Jae Hoon…
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Oman Shipping secures $80m financing
Oman Shipping Company, part of the ASYAD Group, has secured a $80m financing facility from Abu Dhabi Islamic Bank to…
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Global Energy Ventures extends LOI for CNG carriers with CIMC Raffles
Australian compressed natural gas (CNG) company Global Energy Ventures (GEV) has extended a letter of intent (LOI) with CIMC Raffles…
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Dalian Port appoints new chairman
Dalian Port has announced the appointment of Wei Minghui as the new president of the company, replacing Xu Song who…
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BW Offshore FPSO extended by Eni
BW Offshore has secured an extension from Nigerian Agip Exploration Ltd, a subsidiary of Italy’s Eni, for 1976-built . The…
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Goodbye to all that crap
“We burn crap on our ships. The end of the refining cycle, the residue; one step up from the asphalt…
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2000-built VLCC fixed for $116,000 a day as year-end tanker rally gathers pace
Tanker rates have surged again in the last 24 hours, seeing out 2019 in fine fashion, with VLCCs leading the…
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European owners hit out at new container lashing directive
European short-sea and feeder ship operators are challenging efforts by the International Transport Workers’ Federation (ITF) to redefine container lashing…
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Seadrill secures contract extensions for jackup pair
John Fredriksen’s Seadrill has secured new contracts for jackup rigs AOD II and AOD III in the Middle East. The…
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Iran arrests bunkering tanker in Persian Gulf
Iran has detained a tanker allegedly carrying smuggled fuel near the entrance to the Strait of Hormuz. According to reports…
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Axxis Geo Solutions seals Middle East survey contract
Axxis Geo Solutions has confirmed the signing of a contract for the 3D ocean bottom node (OBN) seismic acquisition survey…
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Shelf Drilling awarded long-term extensions for four jackups
Dubai-based jackup drilling rig operator Shelf Drilling has secured long-term extensions for four jack-up rigs in direct continuation of their…
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Floatel secures new contract from Ineos
Offshore accommodation platform operator Floatel has been awarded a contract from UK-based oil and gas company Ineos for the deployment…
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