Sector
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IMO sets out to expose gender imbalance to drive change
Shipping’s gender imbalance has been a hot topic at this week’s Nor-Shipping event taking place in Norway with discussions centring…
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BHP chastises owners over carbon footprint ignorance
Dry bulk owners have received a public rebuke from one of the world’s largest miners for their ignorance of their…
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Maersk invests in German trade finance platform
Maersk’s growing ambitions in the realms of trade finance have seen the Danish carrier invest in a German startup. Financing…
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ADS Crude Carriers eyes fleet expansion after securing new financing
Norway’s ADS Crude Carriers has agreed terms for a credit facility, which provides financing of the forthcoming intermediate surveys for…
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Weekly Broker: Improving sentiment drives deals
The general sentiment across the dry bulk market seems to be moving in a positive direction finally with a steady…
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Sinopec sets production goal of 10m tons of low sulphur fuel by 2020
Chinese state-run energy giant Sinopec has set a target of producing 10m tons of low sulphur fuel by 2020 to…
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McDermott, Saipem and Chiyoda JV lands EPC contract for Mozambique LNG development
McDermott International has announced that CCS JV, a joint venture between McDermott, Saipem and Chiyoda, has secured a contract from…
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Awilco secures new charter for LNG carrier
Norwegian LNG vessel owner Awilco LNG has secured a new eight-month time charter contract from an undisclosed oil and gas…
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Diana Shipping fixes capesize to SwissMarine
Greek dry bulk owner Diana Shipping has entered into a new time charter contract with SwissMarine Services for 2013-built capesize…
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Why seafarers value having a ‘friend’ in port
Dr Esteban Pacha, acting chair of the trustees of Apostleship of the Sea, writes exclusively for Splash today. Hardly a…
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Dynagas in talks for $250m refinancing
LNG carrier operator Dynagas LNG Partners is currently in talks with financial institutions for the refinancing of its 6.25% $250m…
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Brightoil launches Marine Online platform
Brightoil Petroleum has launched Marine Online, a third party maritime e-commence platform aims to serve shipowners and management companies. The…
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Hyundai Heavy pushes ahead with LNG-fuelled VLCC with rotor sails
On Wednesday at Nor-Shipping Lloyd’s Register presented South Korea’s Hyundai Heavy Industries (HHI) with approval in principle (AiP) for a…
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Spectrum awarded North Sea survey contract
Offshore survey firm Spectrum has commenced the first phase of a new high-density regional multi-client 3D survey in UK’s southern…
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Norway blacklists shipbuilders over human rights abuses
Norway is pushing to create a shipbuilding regulation akin to the ship recycling sector’s Hong Kong Convention whereby yards will…
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New accounting standards see debt levels among leading liners soar 50%
New accounting standards effective from the start of this year have made for some massive debt increases for the world’s…
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Hahn & Co mulls sale of H-Line
South Korean private equity firm Hahn & Co is considering the sale of its shareholdings in domestic shipping company H-Line,…
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Known unknowns on tanker terrorism
Security consultant Lars Bergqvist questions why shipping was not put on high alert prior to the tanker attacks off Fujairah…
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ABS sets out its decarbonisation vision to 2050
During the Nor-Shipping exhibition yesterday class society ABS launched a guide on how shipping might meet its decarbonisation goals for…
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Bourbon receives restructuring offer from creditors
Offshore vessel giant Bourbon says it has received an offer of financial restructuring from its major creditors and lessors. The…
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