Press Releases
Norway’s DDW Offshore, a subsidiary of Akastor, has revealed that the sale of the anchor handling tug supply (AHTS) vessel Skandi Peregrino has fallen through. DDW Offshore agreed to sell the 2010-built AHTS for a […]
Saudi oil and gas driller ADES has signed a contract renewal for one of its offshore jackup rigs with compatriot Aramco. The company did not disclose which rig this was, but did say that the […]
HD Hyundai Latest data from Clarksons Research shows that after three bumper years of orders, the appetite for newbuilds among owners is weak, down 57% year-on-year, which has also seen newbuild prices finally edge down. […]
OperationsTankers Johnnie / MarineTraffic Johnnie / MarineTraffic The vintage state of the global tanker fleet is leading to severe inefficiencies, with new data showing how many rust buckets have to spend more time not moving […]
Dry CargoGreater China Jinhui Holdings Jinhui Holdings Chinese bulker owner and operator Jinhui Shipping and Transportation has confirmed its second supramax sale this year. The Oslo- and Hong Kong-listed company said in a filing it […]
China’s Taizhou Hailian Shipping has emerged behind multipurpose newbuildings that are backed by charters with Norden’s project cargo division. Splash reported last week that the Danish shipping giant would be adding two more 17,500 dwt […]
GasGreater China COSCO Shipping Investment Dalian COSCO Shipping Investment Dalian Chinese state-owned shipping giant COSCO has made a fresh newbuilding move in the gas carrier segment. Clarksons reports a subsidiary, COSCO Shipping Investment Dalian, has […]
Weekly Daily Standup Top Stories U.S. Largest Grid Operator is warning of Summer Power Shortages May 11, 2025 Clark Savage Key Points Research suggests potential summer power shortages in the U.S. grid, especially in PJM’s region, […]
Offshore support vessel owner Tidewater has bagged a charter deal for its platform supply vessel Troms Lyra in Norway. Offshore shipbrokers stated the 2013 Vard-built PSV won a fixture for around 100 days with Spirit Energy. […]
The Syrian government and DP World have signed a memorandum of understanding worth $800m to develop Syria’s port of Tartous. The deal to develop, manage and operate a multi-purpose terminal at Tartous includes cooperation in […]
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