UK energy services company Petrofac is in the process of firing around 200 of its staff in the United Arab Emirates, with a day’s notice. Around 180 people in the UAE connected to an offshore wind ...
Norwegian chemical tanker owner Odfjell has joined forces with Japanese shipping major Nissen Kaiun to launch a new Bergen-based joint venture for operating stainless-steel chemical tankers. The new ...
COSCO has sold the Japanese-built, scrubber-fitted VLCC Cosgrand Lake (299,000 dwt, built 2006) at a steep discount, brokers say. Market sources report the 19-year-old tanker has been committed to ...
The United States has unveiled one of its most extensive crackdowns to date on the Iranian oil-ecosystem, blacklisting a web of front companies, intermediaries and tankers that Washington says ...
Oslo-based offshore accommodation vessel specialist Floatel International has won a contract for accommodation and construction support services to the Alvheim FPSO from Aker BP. During the contract, ...
The Global Centre for Maritime Decarbonisation, together with AIM Horizon Investments, the Development Bank of Japan (DBJ), ING and DBS Bank, have closed the Fund for Energy Efficiency Technologies ...
“Hong Kong is in a sweet spot,” said Richard Hext last night on taking over the reins of the local shipowners association in one of the highlights of the city’s ongoing maritime week. Hext, the ...
Taiwanese carrier TS Lines is adding more tonnage to its growing fleet with a fresh order for up to four 2,900 teu containerships at China’s Fujian Mawei Shipyard. The Hong Kong-listed owner has ...
Greek dry bulk heavyweight Star Bulk Carriers has confirmed agreements to acquire three kamsarmax vessels at Hengli Shipbuilding. The Nasdaq-listed, Athens-based owner signed three novation and ...
Vattenfall, EWE, and RWE have kicked off the qualification phase for the decommissioning of Alpha Ventus, setting wheels in motion for the retirement of Germany’s first offshore wind farm. The wind ...
Global Chartering, the Greek-Indian joint venture between Peter Livanos’ DryLog and steelmaker ArcelorMittal, has pressed ahead with its fleet renewal plans after securing new tonnage in China and ...
West African LNG exporter Nigeria LNG (NLNG) is moving ahead with a fresh round of fleet renewal, with its shipping arm Bonny Gas Transport (BGT) selecting China’s Hudong-Zhonghua Shipbuilding for a ...