February 24th, 20200The West of England P&I Club is buying a significant stake in specialist marine insurance provider Nordic Marine Insurance (NMI). Founded in 2012 and based in Stockholm, NMI is a provider of specialist marine products for shipowners and charterers which includes fixed premium primary delay cover. The agreement, which is subject...
January 15th, 20200Scandinavian online container booking platform Adnavem has a new feature on its site whereby shippers can now identify the greenest route for their cargoes. By using different data sources and unique algorithms, Adnavem offers functionality that identifies the greenest routes, with the least environmental impact, enabling the...
January 6th, 20200Swedish owner Tarbit Shipping has placed an order at China's Yangzijiang Shipbuilding for the construction of up to four LNG dual fuel chemical tankers. Shipbroking house Clarksons reported that the four 13,000 dwt tankers will be built at New Yangzijiang yard and delivery are scheduled in 2022. It is also Yangzijiang's first ever...
December 31st, 20190Offshore accommodation platform operator Floatel has been awarded a contract from UK-based oil and gas company Ineos for the deployment of its semi-submersible vessel at the Unity platform in the North Sea. The contract is for a period of four month plus options starting around May 1, 2020. Floatel owns a fleet of five offshore...
November 28th, 20190Marine biofuels have been hailed by one of Sweden's largest shippers as an "important part of the puzzle going forward" following landmark trials across the world this year. IKEA Transport & Logistics Services, CMA CGM, and the GoodShipping Program have successfully completed a biofuel test programme on the French line’s...
November 28th, 20190British broker Simpson Spence Young shipbroker continues to pursue a practice of partnering with tech firms over developing its own products. The company has just revealed it has partnered with Gothenburg-based tech company Marine Benchmark, a specialist in maritime data analytics. SSY said in a release the tie-up will provide expertise...
November 21st, 20190Proman Stena Bulk, the joint venture formed last month by Switzerland’s Proman Shipping and Sweden’s Stena Bulk, has signed contracts with Chinese yard Guangzhou Shipyard International (GSI) to build two 49,900dwt IMOIIMeMAX methanol-ready tankers. The vessels, which are due for delivery in 2022, will have dual-fuel engines and...
November 18th, 20190Australia’s Karoon Energy has sealed an agreement with Stena Drilling and Tullow Oil to contract the drillship. The drillship has been contracted to drill one well, the Marina-1 exploration well, in Karoon’s 40% owned and operated Block Z-38 in the Tumbes Basinm Peru. Drilling is scheduled to commence in the first quarter of...
October 28th, 20190Sweden’s Viking Supply Ships, in partnership with funds managed by Borealis Maritime, have entered into a contract to acquire two platform supply vessels currently under construction at Remontowa Shipbuilding in Gdansk. Viking Supply Ships has been awarded full operational and commercial management of the Wartsila VS 4411 DF design...
October 4th, 20190Switzerland's Proman Shipping and Sweden's Stena Bulk have formed a new joint venture, called Proman Stena Bulk, which will own and operate tankers using methanol as a fuel. The 50-50 joint venue will initially bring in two IMOIIMAX MR methanol-powered tankers on long-term time charters. David Cassidy, chief executive of Proman,...
