Sector
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Cape sales accelerate including Sanko’s last big bulker
Activity in the cape sale and purchase is boiling hot with three capesizes sold within a week and many more…
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Klaveness pulls commercial activities from Shanghai office
Norwegian dry bulk owner Torvald Klaveness has decided to downsize its Shanghai office to focus on operations, and will no…
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Global Energy Ventures to order up to eight CNG carriers at CIMC Raffles
Australian compressed natural gas (CNG) company Global Energy Ventures (GEV) has signed a letter of intent with Chinese shipyard CIMC…
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France commits to sail roros
French car manufacturer Renault is to get 80-90% reduction in CO2 emissions transporting its vehicles on newly commissioned sail roros…
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Sinokor orders up to four aframaxes at Samsung
South Korean owner Sinokor has placed an order at domestic yard Samsung Heavy Industries for the construction of up to…
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DOF awarded several new contracts by ConocoPhillips
Norwegian offshore service provider DOF has been awarded three long-term contracts by ConocoPhillips Skandinavia for the deployment of MRVs Skandi…
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Maersk Drilling awarded North Thekah contract by Edison
Maersk Drilling has been awarded a contract by Italy’s Edison E&P for 2009-built semi-submersible rig . The contract is for…
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Maersk compares current container booking practices to the worst dining experience ever
Maersk has uploaded a new video to its YouTube channel explaining the current complicated, unreliable nature of container shipping and…
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Janchart takes Ulises’s last ship
Denmark’s Janchart Shipping has added another handy bulker in a deal that sees one Greek company exit shipowning. Janchart is…
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Ensco Rowan changes its name to Valaris
Esco Rowan, the offshore drilling giant formed from a $12bn combination of Ensue and Rowan Companies completed earlier this year,…
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Liners start implementing Middle East war risk surcharges
CMA CGM, the world’s fourth largest containerline, will institute a war risk surcharge of $36 per teu for cargo heading…
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CSSC and CSIC confirm plans to merge
China’s two state-run shipbuilding conglomerates – China State Shipbuilding Corporation (CSSC) and China Shipbuilding Industry Corporation (CSIC)- have officially confirmed…
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Fully-laden cape makes landmark voyage to the UAE
The changing global trading patterns of capesizes celebrated another landmark moment recently. Kawasaki Kisen Kaisha (K Line) revealed today its…
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LPG carrier blaze kills one, injures 15
A seafarer died and another 15 were hospitalised last night after a fire broke out on the Malta-flagged LPG carrier…
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Hyundai Heavy seeks anti-trust approval for its DSME takeover
Amid massive Asian shipbuilding consolidation, South Korea’s Hyundai Heavy Industries (HHI) has started the lengthy process of getting anti-trust regulators…
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Former Tianjin Port Group chairman indicted by court
Tianjin People’s Procuratorate has indicted Yu Rumin, former chairman of Tianjin Port Group, for corruption activities. Yu will be charged…
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International Andromeda Shipping forks out $100m for LR2 resale pair
Monaco-based International Andromeda Shipping has just inked a deal to purchase a pair of LR2 tankers currently under construction at…
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Nisshin back at Nantong Xiangyu for dual-fuelled tankers
The fleet rejuvenation programme at Japan’s Nisshin Shipping proceeds at pace. Nisshin, which has sold much of its older tonnage…
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TechnipFMC awarded Reliance subsea contracts in India
TechnipFMC has secured major subsea contracts from Reliance Industries for the MJ1 field, located in deep water offshore India in…
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Halliburton secures major drilling contract from Kuwait Oil Company
US energy service provider Halliburton has secured an integrated offshore drilling services contract from Kuwait Oil Company (KOC) for six…
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