Sector
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Kyoei Tankers books VLCC newbuilding at Namura
Kyoei Tankers, a unit of Japan’s NYK Group, has placed an order at domestic yard Namura Shipbuiding for the construction…
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China Merchants Port eyes overseas port projects
China Merchants Port Holdings has signed strategic cooperation agreements with China Africa Development Fund and China Portugal Cooperation Development Fund…
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Maersk Drilling drillship awarded Posco contract
Maersk Drilling has secured a contract with South Korea’s Posco for 2013-built drillship for a three-well campaign offshore Myanmar. The…
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Pacific Radiance ordered to pay $4.55m in arbitration with Waigaoqiao Shipbuilding
Singapore-based offshore vessel operator Pacific Radiance has announced that Hong Kong International Arbitration Centre (HKIAC) has ruled against its joint…
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Keppel Corporation adds SS Teo to its board
Keppel Corporation has announced the appointment of Singapore shipping veteran Teo Siong Seng (SS Teo) along with Tham Sai Choy…
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SeaBird appoints new CEO
Offshore seismic specialist SeaBird Exploration has appointed Gunnar Jansen as interim CEO, replacing Hans Petter Klohs who has resigned. Jansen,…
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DOF anchor handler extended by Equinor
Equinor Energy has exercised a six-month option for DOF’s 2010-built anchor handing tug supply vessel . The vessel will be…
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TechnipFMC awarded EPCI contract by Woodside
TechnipFMC has been awarded an integrated engineering, procurement, construction and installation (EPCI) contract by Australia’s Woodside for the development of…
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Scrubber corrosion cases escalate
Cases of corrosion linked to scrubbers are growing, prompting insurers and authorities to issue advisories. Norwegian P&I club Gard stated…
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Greece comes out in favour of steep ship power cuts
Slow steaming regulation has been holed below the waterline with Greece jumping ship ahead of imminent discussions at the International…
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Shipping bids farewell to the gut feel freight market
Nearly two thirds of Splash voters in an ongoing poll believe shipping is at the the end of the ‘gut…
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Baowu Steel and Vale form strategic partnership
China’s largest steel producer Baowu Steel Group has signed a series of strategic agreements with Brazilian miner Vale to explore…
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China Merchants Heavy Industry eyes private funding and listing
China Merchants Heavy Industry (CMHI), the shipbuilding arm of state-run China Merchants Group, has initiated a mixed-ownership reform by tapping…
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Castor Maritime acquires Japanese panamax to grow fleet to three
Petros Panagiotidis-led Castor Maritime has entered into an agreement to acquire a 2005-built Japanese panamax dry bulk vessel for $10.2m.…
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Transocean secures three new contracts
Offshore drilling rig operator Transocean has clinched new contracts for a drillship and two semi-submersible rigs. The 1990-built drilling rig…
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Noble Corporation awarded contract extensions
Offshore driller Noble Corporation has secured new contracts for a drillship and a jackup drilling rig, according to the company’s…
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Greek merger aimed at developing digital green solutions for shipping
A Greek maritime environmental engineering company has merged with a well known local shipping IT firm with the pair vowing…
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Boskalis switches dredger to 100% biofuel
Dutch dredging and subsea specialist Royal Boskalis Westminster has partnered with GoodFuels to unveil Boskalis vessel as the first dredging…
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Seattle launches maritime startup accelerator in bid to attract younger generations to shipping
The Port of Seattle has teamed up with a famous American IT name to try and develop maritime innovation among…
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Volatile VLCCs drop back towards $100,000 a day
The rarefied, volatile VLCC peak has dropped from record $300,000 a day territory and is close to ducking back under…
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