Sector
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Sembcorp Marine scores $288m worth of new contracts
Singapore’s Sembcorp Marine has secured a series of new contracts with a total value of around S$400m ($288m) to provide…
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Navios Maritime Holdings sells off ship management division
Navios Maritime Holdings has sold its ship management division to N Shipmanagement Acquisition Corp. (NSAC), a company affiliated with chairman…
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MOL targets Turkey’s steel sector
Japan’s largest shipowner Mitsui OSK Lines (MOL) is looking to make dry bulk inroads into Turkey. MOL has signed an…
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Subsea 7 awarded Brazilian work by Total
Norway’s Subsea 7 has secured a major contract from Total to support development of the Lapa North East field located offshore…
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Two dead, three injured at Bangladeshi breaking yard
Two workers were killed and three others injured after a cable attached to a ship collapsed on them at a…
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Antong Holdings sets up jv with China Merchants and AVIC
Chinese domestic container shipping company Antong Holdings has entered into a strategic framework agreement with China Merchants Port Holdings and…
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Seadrill secures drillship contract
John Fredriksen’s Seadrill has secured a contract with LLOG Exploration Offshore for the charter of its 2014-built drillship for operations…
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PSA completes acquisition of Penn Terminals
Singapore-based port operator PSA International has completed the acquisition of Penn Terminals, located on the Delaware River in the US,…
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ESL Shipping acquires bulker
Finland’s ESL Shipping has acquired 2011-built self-unloading bulk carrier from SEB Leasing. The acquisition was made as part of a…
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Total to take another NYK LNG carrier on long-term charter
Japanese owner NYK says it has signed a new long-term contract with Total subsidiary Total Gas & Power Chartering Limited…
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Maersk Drilling jackup extended by Wintershall
Maersk Drilling jackup rig has had an option exercised by Wintershall Noordzee for one additional well. The one-well extension, at…
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Belships expands fleet to 22 vessels
Norwegian dry bulk outfit Belships has added two ultramax bulkers to its fleet, having agreed seven-year bareboat charters for a…
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Nur Allya search teams race to check reports of oil slick
Ten days since the bulker was last heard from, search and rescue teams headed today to waters around Obi island…
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UK readies $36.5m in emergency ports funding as Brexit nears
The UK government under new prime minister Boris Johnson this morning promised an extra £30m ($36.5m) in emergency ports funding…
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Djakarta Lloyd eyes 2022 IPO
Indonesian state-owned shipping company Djakarta Lloyd is planning to conduct an initial public offering on the Indonesia Stock Exchange by…
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Cosco Shipping Lines appoints new managing director
Cosco Shipping Lines, the container shipping unit of China Cosco Shipping Group, has appointed Yang Zhijian as the new managing…
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Uljanik Plovidba changes name to Alpha Adriatic
Locally listed Croatian shipowner Uljanik Plovidba is changing its name to Alpha Adriatic to avoid it being linked to a…
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Hunter Group secures sale and leaseback financing
Norwegian owner Arne Fredly’s VLCC vehicle, Hunter Group has entered into a binding term sheet a five-year sale-and-leaseback agreement with…
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Augustea offloads panamax as Oceanbulk joint venture expands fleet
Italian shipping company Augustea Atlantica has just sold the 2005-built panamax bulk carrier to Chinese group Orient Express for around…
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Sembcorp Marine secures Cambo FPSO design contract
Singapore’s Sembcorp Marine has been awarded a front-end engineering and design contract with Siccar Point Energy for an FPSO for…
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