January 25, 2021
Nantong Xiangyu Shipbuilding and Offshore Engineering has entered into shipbuilding contracts with three domestic companies for the construction of up to six bulk carriers. (more…)
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News
January 25, 2021
Subsea 7 announced the award of a substantial contract by Cabinda Gulf Oil Company Limited (CABGOC). (more…)
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January 25, 2021
Indonesia said its coast guard seized the Iranian-flagged MT Horse and the Panamanian-flagged MT Freya vessels over suspected illegal oil transfer in the country’s waters...
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January 25, 2021
Pirates off Nigeria’s coast kidnapped 15 sailors from a Turkish container ship in the Gulf of Guinea on Saturday in a brazen and violent attack...
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January 25, 2021
Castor Maritime Inc., a global shipping company specializing in the ownership of dry bulk vessels, announces the closing, through two of its ship-owning subsidiaries, of...
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January 25, 2021
Since 2019 Brazil has become the top crude exporter in Latin America, with crude shipments (for all producers) reaching a record 1.4 million b/d last...
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January 25, 2021
LNG tankers passing through the Panama Canal without a reservation faced average wait times of more than a week Jan. 22, continuing the constraints that...
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January 25, 2021
Initial steps taken by U.S. President Joe Biden’s administration may help support the oil market this year and next, according to Goldman Sachs Group Inc....
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January 22, 2021
Global Ship Lease announced that it has closed on its previously announced full redemption of all of the then-outstanding $233,436,000 aggregate principal amount of its...
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January 22, 2021
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into...
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January 22, 2021
DHT Holdings has announced the acquisition of two scrubber-fitted, 2016-built VLCCs for a total price of $136m. (more…)
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January 22, 2021
Seaspan, a wholly owned subsidiary of Atlas Corp., announced that it has successfully priced US $200 million in new senior unsecured sustainability-linked bonds in the...
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January 22, 2021
Norway is proceeding with plans to award oil and gas exploration permits in frontier regions of the Arctic later this year, Oil and Energy Minister...
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January 22, 2021
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, was up for a third straight session on Thursday...
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January 22, 2021
PAO Sovcomflot (SCF Group) and Total have concluded a time charter agreement for up to 7 years for a newbuilding 174,000-cbm LNG carrier, to be...
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