Press Releases
US offshore wind contracting newcomer Kalypso is pressing ahead with plans to build America’s first Jones Act-compliant cable laying vessel. The New York-based outfit, led by DEME’s former project manager Colin Smith, has signed a […]
Offshore contracting giant TechnipFMC has been awarded a contract in Guyana’s Stabroek Block by US supermajor ExxonMobil to supply subsea production systems for the Whiptail project. TechnipFMC will provide project management, engineering, and manufacturing to […]
S&P activity is picking up this month with brokers reporting a string of deals. Laurent Cadji-led outfit Union Maritime has sold the five-year-old, 50,000 dwt, Hyundai Mipo-built tanker, Avon, to an undisclosed account for $45.5m. […]
Singfar Group has expanded its newbuild series with a contract in China for a pair of aframax tankers. The Singapore-based owner has booked a 115,000 dwt duo at New Times Shipbuilding, according to brokers. The […]
Finland’s Meriaura has signed a contract for two general cargo ships with the Dutch shipyard Royal Bodewes for delivery in January and December 2026. The 105 m long, 1A ice classed 6,750 dwt vessels can […]
HMM, South Korea’s flagship carrier, laid out mid-term expansion plans yesterday which will see its container fleet nearly double in size to 1.5m teu by 2030, while also looking to double the size of its […]
Key Bridge Response 2024 The Federal Bureau of Investigation (FBI) has launched a criminal inquiry into the collapse of Baltimore’s Francis Scott Key Bridge. According to reports, citing two US officials familiar with the matter, […]
Hong Kong-based shipmanager Anglo-Eastern has sealed a deal to buy Euronav’s shipmanagement arm in Greece. The deal for Euronav Ship Management Hellas will also see the duo join forces, with Anglo-Eastern assuming shipmanagement responsibilities for […]
Panama Canal Authority Further evidence that the worst of the El Nino-led drought is over in Central America came yesterday with an advisory from the Panama Canal Authority (ACP) announcing an increase in booking slots […]
The EU Atalanta naval force which handles piracy operations in the Indian Ocean has warned that the decision last week by a Bangladeshi company to pay ransom to free its ship and crew could lead […]
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