Corporate News

13 Feb 2024

European WindWings & BAR Team Up for Sail Production

BAR Technologies, a marine engineering consultancy, establishes partnership with Nervion Naval Offshore, provider of floating offshore wind platforms

European WindWings & BAR Team Up for Sail Production
13 Feb 2024

Edda Wind Concludes Edda Passat SOV Offloading Process

Edda Wind has successfully offloaded its service operation vessel (SOV), Edda Passat, to an undisclosed buyer.

Edda Wind Concludes Edda Passat SOV Offloading Process
13 Feb 2024

QatarEnergy and Nakilat Land Deal for 25 LNG Newbuilds

Based in Doha, Nakilat will acquire 174,000 cubic meter units scheduled for construction in South Korea and lease them to QatarEnergy affiliates.

QatarEnergy and Nakilat Land Deal for 25 LNG Newbuilds
13 Feb 2024

2020 Bulkers sells Newcastlemax pair for $127m

2020 Bulkers, the owner of Newcastlemax vessels, has divested two bulkers constructed in 2019 to an independent third party for $127.5 million

2020 Bulkers sells Newcastlemax pair for $127m
13 Feb 2024

Capesize Dominates with S&P deals

Investors in the cape market showed significant interest last week prior to the start of the Chinese New Year festivities.

Capesize Dominates with S&P deals
12 Feb 2024

Baleine Chooses DOF for FPSO FSO Install

Norwegian maritime service provider DOF has secured a installation contract from Altera Infrastructure for the deployment of FPSO & FSO units.

Baleine Chooses DOF for FPSO FSO Install
12 Feb 2024

Establishing Offshore Wind Turbine Contract Standards: BIMCO

BIMCO has formed a special subcommittee dedicated to creating a worldwide standard contract for the shipment and setup of offshore wind turbines.

Establishing Offshore Wind Turbine Contract Standards: BIMCO
12 Feb 2024

6 Chemical Tankers Ordered in New Venture by NYK & Stolt

NYK Stolt Tankers, a collab between the Japanese company NYK & chemical tanker leader Stolt-Nielsen, places order for 6 stainless steel vessels.

6 Chemical Tankers Ordered in New Venture by NYK & Stolt
9 Feb 2024

Shih Wei Navigation Finalizes Bulker Orders

Shih Wei Navigation recently broke a nearly ten-year streak without orders by entering agreements for the construction of new bulk carriers.

Shih Wei Navigation Finalizes Bulker Orders
9 Feb 2024

Marinakis & Fredriksen Strengthen Chinese Shipbuilder Ties

DSIC has obtained orders for $1.8 billion from two well-known European clients, involving the construction of up to 14 Very Large Crude Carriers.

Marinakis & Fredriksen Strengthen Chinese Shipbuilder Ties
9 Feb 2024

Eidesvik to Continue Providing PSV Services for Aker BP

Eidesvik, the owner of offshore vessels based in Norway, secured a contract extension for the Viking Lady, a platform supply vessel from Aker BP.

Eidesvik to Continue Providing PSV Services for Aker BP
8 Feb 2024

Hayfin Contracts Oshima Shipyard for Construction of Bulkers

Hayfin Capital Management has secured the services of Oshima Shipbuilding in Japan to develop two post-Panamax bulk carrier new constructions.

Hayfin Contracts Oshima Shipyard for Construction of Bulkers
7 Feb 2024

GEFO Secures 10 Chemical Tankers for Strategic Operations

GEFO is extending its fleet by acquiring 10 chemical tankers crafted from stainless steel at the Xiangyu shipyard in Nantong, China.

GEFO Secures 10 Chemical Tankers for Strategic Operations
7 Feb 2024

Stolt-Nielsen Cements its Position in Rival Odfjell

Tanker giant Stolt-Nielsen has established itself as the 2nd-largest shareholder in competitor, Odfjell, by increasing their stake in the firm.

Stolt-Nielsen Cements its Position in Rival Odfjell
7 Feb 2024

Oceaneering Announces $200m Worth of Contracts

Oceaneering has announced several contracts for its manufactured products segment, totaling approximately $200 million in value.

Oceaneering Announces $200m Worth of Contracts