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.
Corporate News
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.
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.
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.
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.
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.
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.
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.
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.
Oceaneering Announces $200m Worth of Contracts
Oceaneering has announced several contracts for its manufactured products segment, totaling approximately $200 million in value.
Vard Set to Convert 16-year-old PSV into New Cable Layer
Norwegian shipbuilder Vard has been chosen by IT International Telecom Marine to convert the PSV IT Infinity into a cable laying vessel.