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North P&I in good shape despite challenges
[Shipbuilding]
North P&I Club announced on February 23 that it has continued growth in its diversified business lines and solid progress in raising premiums to reflect market conditions and is expecting to see a small tonnage reduction after a pla...
2021-02-25 09:39:39
OneOcean takes part in fundraising initiative
[General]
OneOcean, the world’s largest provider of voyage solutions for the maritime industry, announced on February 24 that it has taken part in a recent Heroes at Sea fundraising initiative. As a Gold-level sponsor of the ‘Walk, Jo...
2021-02-25 09:38:21
NSY secures 12 container ships
[Shipbuilding]
It emerged that Taiwan’s Wan Hai Lines placed an order for 12 container vessels at formed Japanese shipbuilding joint venture Nihon Shipyard (NSY). According to industry source and TradeWinds, the price of 3,013 teu c...
2021-02-25 09:22:52
Fuel price spread is widening
[Shipping]
It turned out that the price spread between very low-sulfur fuel oil (VLSFO) and high-sulfur fuel oil (HSFO) is widening across the world. According to industry sources and Lorentzen & Stemoco, the price spread exceeds ...
2021-02-25 09:21:46
Global fleet reaches 100,000 ships
[Shipbuilding]
Even though the delivery of newbuilding has been receding, the world fleet has reached 100,000 ships for the first time. According to TradeWinds and Clarksons Research, 100,000 ships in operation across the world are worth ...
2021-02-25 09:20:40
DSME bags VLCC duo
[Shipbuilding]
Daewoo Shipbuilding & Marine Engineering (DSME) has won two 300,000 dwt very large crude carriers (VLCCs) from its compatriot SK Shipping. According to industrial source and foreign media outlet, SK Shipping booked the ...
2021-02-25 09:19:39
HMD scores additional gas carriers
[Shipbuilding]
Singaporean trading giant Trafigura seems to have recently ordered two additional LPG dual-fuel LPG carriers from Hyundai Mipo Dockyard (HMD). According to industrial source and TradeWinds, Trafigura exercised an option for...
2021-02-25 09:18:20
Chariot to work with Subsea on Moroccan gas project
[Offshore]
Chariot Oil & Gas Limited (AIM: CHAR), the Africa focused transition energy company, announced on February 22 that it has signed a Collaboration Agreement (“Agreement”) with Subsea Integration Alliance to work together t...
2021-02-24 09:39:33
Prysmian signs framework agreement with RTE
[Equipment]
Prysmian Group, world leader in the energy and telecom cable systems industry, announced on February 18 that it signed a new framework agreement with Réseau de Transport d’Electricité (RTE), France’s Transmissi...
2021-02-24 09:35:06
Vattenfall gets 4-year O&M deal
[General]
Van Oord announced on February 22 that it has been awarded a 4-year Operations & Maintenance (O&M) contract by Vattenfall. Working through its MPI Offshore organisation, Van Oord will provide jack-up and associated lifting servi...
2021-02-24 09:31:19
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