CMA CGM No Longer Interested in Acquiring Wincanton
Shipping company CMA CGM has withdrawn its attempt to acquire British logistics company Wincanton, conceding to a competing bid from another firm
6 Mar 2024
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MOL & Petrobras in Newbuild Negotiations
SeaLoading Holding a MOL subsidiary that specializes in the operation of CTVs enters into charter agreement with Brazilian oil behemoth Petrobras
MOL & TLT Sign Long-Term Charter for Newbuild LNG Carrier
Mitsui OSK Lines (MOL) has entered into a long-term charter agreement for a newly constructed LNG carrier with Tokyo LNG Tanker (TLT).
Hafnia Repurchases Five of its Vessels
Singapore's BW Group subsidiary, Hafnia, announces repurchase of several vessels following a record-breaking profit year, the 2nd in succession.
More Containerships Sold by Capital Product Partners
Capital Product Partners is continuing to divest its containership assets as part of its strategic pivot towards specializing in LNG carrier ops
Qatari LNG Carrier Orders Won by Hanwha Ocean
Qatar Energy's strategy to augment its gas fleet includes placing orders with Chinese shipyards, indicating a global approach to expansion.
Nike & CMA CGM Collaborate on Biofuel Trial
The sportswear behemoth Nike has entered into an agreement with the French shipping company CMA CGM to employ eco-friendly biofuel.
$400M Fairfield Acquisition Sees MOLCT Increase Tanker Fleet
MOL Chemical Tankers (MOLCT), an entity fully owned by Mitsui O.S.K. Lines (MOL), has finalized its purchase of Fairfield Chemical Carriers.
Norwegian VLCC Sale Sets New Yardstick
The transaction involving a VLCC under the Norwegian flag has established a fresh high point, reflecting the ongoing rise in tanker asset prices.
OranjeWind & World's Biggest Floating Solar Project Join Forces
The Nautical Sunrise consortium is on a mission to establish the world's largest OFS power project, situated off the coast of the Netherlands.
New Interim Chief Executive Appointed by Western Bulk
The dry bulk shipping company Western Bulk Chartering, based in Norway, has named Ørjan Svanevik as its temporary CEO.
Initial VLCC Orders Confirmed by Trafigura
Trafigura is tackling the scarcity of contemporary supertanker capacity by venturing into the construction of its very first VLCCs.
$350 Drillship Deal with BP Sealed by Diamond Offshore
Diamond Offshore Drilling awarded 2-year extension for its contract with BP subsidiary in US Gulf of Mexico for its seventh-generation drillship.
New Order of Two Newcastlemaxes from Berge Bulk in China
CSSC Qingdao Beihai Shipbuilding, recognized as the premier builder of newcastlemax vessels has secured an order for two ammonia-ready bulkers.
One More Handy Bulker Offloaded by Grindrod
Grindrod Shipping is proceeding with its strategy to offload ships, announcing the sale of another handysize vessel from its fleet.