Press

Subsea 7 Oslo-listed offshore contractor Subsea7 has bagged a sizeable engineering, procurement, commissioning, and installation (EPCI) deal for a subsea development offshore Egypt. The project, valued by Subsea7 as between $50m and $150m, involves the […]

EuropeTankers Fjordtank Fjordtank Swedish tanker operator Fjordtank Rederi is bolstering its fleet with the acquisition of the 2005-built chemical tanker from compatriot owner Sirius Shipping. The 4,500 dwt Lexus, constructed by Ceksan Shipyard in Turkey, […]

Dry CargoGreater China Jinhui Holdings Jinhui Holdings Chinese bulker owner and operator Jinhui Shipping and Transportation has sealed its third supramax sale this year. The Oslo- and Hong Kong-listed company is offloading the 2009-built 65,900 […]

AsiaGas MOL / Samsung Heavy Industries MOL / Samsung Heavy Industries Japanese shipowner Mitsui OSK Lines (MOL) is partnering up with India’s Oil and Natural Gas Corporation (ONGC) to build and operate very large ethane […]

EuropeTankers Stainless Tankers Stainless Tankers Oslo-listed Stainless Tankers has inked a deal to sell its 2008-built J19 stainless steel chemical tanker Gwen for $16.16m, marking the latest step in the company’s ongoing fleet optimisation programme. […]

Maersk Tankers Denmark’s Maersk Tankers is set to establish in-house technical management operations as it prepares to take delivery of very large ammonia carriers (VLACs) and seeks tighter alignment between technical expertise and commercial ambitions. […]

Nova Marine Carriers P&O Maritime Logistics, a unit of ports and logistics heavyweight DP World, has acquired a controlling stake in NovaAlgoma Cement Carriers (NACC), the leading operator of pneumatic cement carriers, in a move […]