Sector
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PetroRio extends BW Offshore FPSO for another year
BW Offshore has reached an agreement with Brazil’s Petrorio to extend the contract for the lease and operation of .…
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Modec awarded Sangomar FPSO contract by Woodside
Japan’s Modec has signed a contract with Woodside Energy to supply an FPSO vessel for the Sangomar Field Development Phase…
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London decarbonisation debate questions IMO targets
Shipping got plenty of insight into its potential zero-carbon future yesterday at an event organised by the UK Chamber of…
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Africa’s newest shipping line sets sail
Guinea Shipping Corporation (GSC) is set to kickstart operations in the next month, Splash can exclusively reveal, providing a new…
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Newcastlemax newbuilds to flood sector this year
Brokers Braemar ACM have run the numbers for the dry bulk sector this year, highlighting the enormous volume of larger…
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Anti-Arctic shipping alliance grows
Eight more companies have agreed this week not to ship goods through the Arctic Ocean and signed the Arctic Corporate…
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Exmar makes management changes as part of corporate restructuring
Exmar Group, the gas arm of the Saverys’ empire, has announced a new management lineup and corporate structure. Francis Mottrie…
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Baowu surpasses ArcelorMittal as the world’s largest steel producer
China’s mighty Baowu Steel Group appears to have surpassed ArcelorMittal as the world’s largest steel producer. Baowu’s chairman in a…
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KSS Line adds another VLGC at Hyundai Heavy
South Korean owner KSS Line has placed an order at Hyundai Heavy Industries (HHI) for the construction of another VLGC,…
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BoComm Leasing and SPDB Leasing order VLECs at Jiangnan Shipyard
Chinese leasing houses BoComm Leasing and SPDB Leasing have each ordered one 98,000 cu m VLEC at Jiangnan Shipyard. The…
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NorSea Wind appoints new CEO
Norwegian offshore service provider NorSea has appointed Terje Borkenhagen as the new CEO of NorSea Wind. According to the company,…
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Subsea 7 and Schlumberger alliance awarded Senegal contract
Subsea Integration Alliance, a strategic alliance between Subsea 7 and Schlumberger’s OneSubsea, has been awarded a major contract by Woodside…
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Cyprus takes digital voyage led by Columbia Shipmanagement
Columbia Shipmanagement (CSM) and the Cyprus Marine and Maritime Institute (CMMI) have signed an MOU to launch Digital Waves, a…
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SeaBird Exploration secures 3D survey in Asia
Offshore survey specialist SeaBird Exploration has secured a letter of award for a 3D survey in Asia. The survey will…
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China Merchants Energy Shipping raises $519m from share issue
China Merchants Energy Shipping (CMES) has completed a plan to raise funds through issuing new shares to a number of…
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Diana Shipping seals another panamax charter with Phaethon
Greek dry bulk owner has fixed another panamax vessel to Ukranian outfit Phaethon International Company, its second time charter to…
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Shearwater GeoServices awarded North Sea contracts
Shearwater GeoServices has been awarded letters of Intent for three Isometrix 4D towed streamer projects by Equinor and a 4D…
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World’s top managers provide insight into 2020 challenges
According to Rajesh Unni, the CEO of Synergy Marine Group, the art and the science of the shipmanager is essentially…
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DeA Capital takes control of four Italian tankers
IDeA Corporate Credit Recovery II Shipping Fund, a turnaround vehicle managed by DeA Capital Alternative Funds, finished its 2019 with…
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Weekly Broker: Dry bulk and tanker fortunes on divergent paths at start of the decade
Could tanker and dry bulk fortunes be more divergent in the first few days of the new decade? Tankers, led…
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