Norwegian contractor Reach Subsea and P&O Maritime Logistics have agreed on a revised charter agreement for the vessel Topaz Tiamat. Under the new deal, Reach will operate the vessel for the remainder of the 2020 season on pay-as-you-go terms. Consequently, the Oslo-listed subsea player will demobil
BIMCO has released an overview of the three main shipping sectors and their respective fleet growths so far this year taking into account the impact of the COVID-19 and other geopolitical developments on the global trade. Bulkers The dry bulk fleet has seen both deliveries and demolitions rise over
The Japanese Coast Guard has decided to suspend the extensive search for the crew of livestock carrier Gulf Livestock 1, which is believed to have sunk in the East China Sea last week.
MAN Energy Solutions has through its Chinese license, CMP, won a series of orders for small-bore, four-stroke engines compliant with the new emission protocols of the Chinese government related to the inland-and-coastal segment. The orders are for MAN 21/31, 27/38 and 23/30H types, which stem in gre
Greece’s Alpha Gas, a unit of Pantheon Tankers, is to take delivery of a 174,000-cbm LNG carrier from South Korea’s Daewoo Shipbuilding & Marine Engineering. Offshore Energy understands that DSME will deliver the Energy Pacific to its owner on September 14, following the completion of its gas trials
The Post-Panamax containership MOL Charisma, which experienced fire in one of its cargo holds while sailing off Sri Lanka last week, will return to Singapore to undergo neccessary inspections.
Tianjin Southwest Maritime has placed an order for the construction of two 98,000 cbm ethane carriers at Chinese Jiangnan Shipyard. The very large ethane carriers (VLEC) are chartered by Zhejiang Satellite Petrochemical (STL) to support anticipated growth in the production output in the second stage
The Finnish technology group Wärtsilä has taken delivery of four LNG cargo tanks from its Chinese supplier.
d’Amico Tankers D.A.C. (Ireland), part of Italian shipping company d’Amico International Shipping (DIS), has signed a memorandum of agreement for the sale of MT High Courage, one of its oldest medium range (MR) vessels.
Some seafarers have now been on board their ships for more than 17 months, exceeding the 11-months limit set out in the Maritime Labour Convention (MLC), IMO Secretary-General Kitack Lim said, urging governments to act on the crew change crisis. It has been almost six months since COVID-19 has been
On 8 September, DP World’s flagship Jebel Ali Port welcomed HMM Gdansk, one of the world’s largest container vessels which is now on the return leg of its maiden international voyage between the Far East and Europe.
The Sri Lanka Navy has managed to extinguish the reignited fire on board MT New Diamond, and the tanker is now being towed further away towards safe waters by a tug, the navy said in an update. The distressed oil tanker is currently about 37 nautical miles off Sangamankanda Point. A narrow diesel oi
France’s Jifmar Offshore Services and Denmark’s World Marine Offshore have signed a Memorandum of Understanding to establish a joint venture to provide offshore wind services to the French market. The new company will deliver vessels to the market as well as turnkey services. The company plans to in
Wakashio, the giant Capesize bulker which ran aground on a reef off Mauritius and subsequently split in two, causing a major fuel spill, diverted from its navigation route approaching closer to the coast of the island as the crew was trying to pick up an Internet signal. These are the preliminary fi
