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DSME

April 3, 2020

EU antitrust regulators have halted their investigation into world No. 1 shipbuilding group Hyundai Heavy Industries’ $1.8 billion merger with Daewoo while waiting for the...
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crude oil export korea

April 3, 2020

Geopolitics is the dominating variable in the tanker market these days. With the OPEC+ negotiations falling apart and Saudi Arabia initiating an oil price war,...
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Gaslog

April 3, 2020

GasLog took delivery of the GasLog Windsor, a 180,000 cubic meter cargo capacity LNG carrier with X-DF propulsion and Mark III Flex containment system. (more…)
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DSME

April 2, 2020

Daewoo Shipbuilding and Marine Engineering (DSME) received an order for a very large crude oil carrier (VLCC) from Pan Ocean. (more…)
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tanker

April 2, 2020

Oil traders are storing as much as 80 million barrels of oil on tankers at sea, with further ships being sought as land storage sites...
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Alexandroupolis

April 2, 2020

Greece plans to sell majority stakes in four ports as part of a privatisation plan agreed with its lenders after the country exited the bailouts...
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Semiramis-Paliou

April 1, 2020

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of...
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piraeus-port

April 1, 2020

A cruise ship was placed in quarantine near Athens with 383 people on board after about 20 passengers tested positive for Covid-19, authorities said on...
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Vitol

April 1, 2020

Vitol Marine Fuels Pte Ltd, a subsidiary of the Vitol Group, has acquired 100% of Singapore-based bunkering specialist Sinanju Tankers Holdings (“Sinanju”). (more…)
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BW-Offshore

March 31, 2020

BW Offshore announced it has laid up the FPSO Cidade de Sao Mateus in Singapore, following the expiration of a long-term contract with Petrobras. (more…)
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aker

March 31, 2020

Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell...
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Japan, shipbuilding

March 31, 2020

Imabari Shipbuilding and Japan Marine United Corporation (JMU) have agreed to form a joint venture (JV) in order to better compete in global shipbuilding. (more…)
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performance-shipping

March 30, 2020

Performance Shipping, a global shipping company specializing in the ownership of vessels, announced that it has redeemed all of its issued and outstanding Series C...
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maersk tankers

March 30, 2020

Maersk Product Tankers reported improved financial results in 2019, with an increase in revenue to USD 727.7 million (USD 647 million) and a profit before...
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FILE PHOTO: A Cosco Shipping vessel is moored at PSA's Pasir Panjang container terminal in Singapore September 19, 2018.  REUTERS/Edgar Su/File Photo

March 30, 2020

Cosco Shipping Ports Limited, the world’s leading ports operator, announced full year results of the Company and its subsidiaries for the year ended 31 December...
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