Leadership Shift at Fleet Management
Fleet Management Limited (FLEET) is on the lookout for a new MD following the decision by co-founder Kishore Rajvanshy to relinquish his role.
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Minerva Marine Says Farewell to Its Oldest Capesizes
Minerva Marine of Greece has capitalized on the thriving dry bulk market by selling its most aged capesize ships.
Two More VLCCs from New Times Ordered by Magni Partners
Magni Partners, has increased its order for Very Large Crude Carriers (VLCCs) from China's New Times Shipbuilding.
Orix Assumes Ownership of Osaka's Premier Shipowner
The recent acquisition of Santoku Senpaku by Japanese financial services company Orix Corporation, amounts to a significant $2 billion deal.
Western Bulk CEO Resignation Sparks Leadership Shift
Hans Aasnæs is relinquishing his role as the chief executive officer at Western Bulk Chartering, a Norwegian dry bulk operator.
K Line Acquires French Kite Manufacturer to Enhance Position
Primary customer of a ship kite system, originally crafted by Airbus, is so enthusiastic about the product they decide to purchase the company.
Extensions for Vessel Trio from Petronas Carigali Secured by Dayang
Dayang Enterprise has successfully secured additional work for 3 of its accommodation workboats from fellow Malaysian company Petronas Carigali.
Star Bulk’s Kamsarmax Newbuild Series Now Five
Greek dry bulk giant Star Bulk Carriers discloses further developments in its fleet renewal efforts, revealing additional kamsarmax newbuilds.
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
Edda Wind Concludes Edda Passat SOV Offloading Process
Edda Wind has successfully offloaded its service operation vessel (SOV), Edda Passat, to an undisclosed buyer.
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.
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
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.
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.
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.