Offshore Energy Exhibition and Conference (OEEC)

Offshore Energy 2018

The leading event for the oil & gas, marine energy and offshore wind industry.

LNG Is the Most Commercially Viable Alternative Marine Fuel


LNG is the most mature, scalable, and commercially viable alternative fuel currently available for the maritime industry.

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MPC Capital, Zeaborn Form New JV to Manage Over 160 Boxships


MPC Capital, Zeaborn are merging activities in chartering and commercial management of more than 160 containerships.

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IUMI: Marine Cargo Premiums Inadequate to Cover Losses


The marine cargo market is in a state of 'accelerating change', according to IUMI.

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Iran Seizes Another Tanker for Allegedly Smuggling Fuel


The ship vessel was reportedly smuggling 250,000 liters of diesel fuel to the United Arab Emirates.

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Golden Ray Salvage Operation Resumes after Storm

Golden Ray

Response and salvage efforts had to be suspended due to weather conditions.

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Ernst Russ Expands in Shipping Segment, Reports H1 Loss

Ernst Russ

Despite posting first-half losses, Ernst Russ closed H1 2019 with a significant expansion in the shipping segment.

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Sembcorp Marine’s Brazil Shipyard Completes Its 1st FPSO

FPSO P68-c

The FPSO left the shipyard on September 16 and will be deployed in Brazil’s Santos Basin.

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MPCC: 3 of 10 Boxships Complete Scrubber Retrofit

MPC Container Ships

MPC Container Ships completes scrubber retrofitting and commissioning for the first three of its vessels.

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OSC Signs USD 110 Mn Loan to Refinance Five Ships

Signing ceremony for financing agreement

The funds would be used for refinancing of three tanker vessels and two very large crude carriers (VLCCs).

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Eagle Bulk Welcomes Second of Six Ultramaxes to Its Fleet


The 2015-built scrubber-fitted ship has been renamed the M/V Sydney Eagle.

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EXMAR, Anglo-Eastern in Third-Party LNG Ship Management JV

LNG Carrier

The JV is dedicated to newbuilding supervision and vessel management of LNG carriers for third-party owners.

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SKTI Signs IMO-Compliant VLSFO Supply Contracts

SK Trading

The South Korean refiner is the latest to join IMO 2020 preparations.

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Boskalis Signs Deal to Build Oil Export Terminal in Iraq

MOU signing ceremony

The project includes the construction of 4 loading berths, a breakwater berth and two offshore pipelines.

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PNX Petroleum in Offtake Deal after Buying First LPG Carrier

LPG shipping agreement

The 5,018 cbm PNX Conqueror is expected to start loading LPG in Brunei this year.

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Cyprus Unveils Plans to End Ship Registration Fees

Cyprus flag

The new pricing policy is to come into force in early October, as Cyprus looks to attract more ship registrations.

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Cargill, Maersk Tankers Team Up in the MR Segment

Maersk Corsica

With Cargill's fleet of up to 20 vessels, the Maersk Tankers' pool would consist of over 60 tankers.

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Meyer Turku Pushes Delivery of Costa Smeralda to November

Costa Smeralda

Costa Cruises' 1st LNG-powered ship will be delivered in mid-November, a month later than the initial deadline.

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Cargo Ship Brings Bullets for South African LPG facility

Xin Si Lu

The 12,700 dwt Xin Si Lu delivered the 5,650 ton bullets on September 12.

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Golden Ocean Ups Investment into Singapore Marine


With the latest boost, Singapore Marine raised a USD 44 million in addition to the USD 105 million raised earlier.

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Bulker Crashes into Pier at China's Grain Terminal

Bulker crashes into pier

The bulk carrier Hua Jiang 17 allided with a grain terminal at Taizhou Port after it suffered a main engine failure.

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MPC Container Ships, Ahrenkiel Join Trident Alliance


The companies committed to comply with the new IMO 2020 maritime sulphur regulations.

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Readers' Picks of the Week

Here are the most read stories of the previous week

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d'Amico Widens Loss, Maintains 'Very Positive' Outlook

d'Amico International Shipping

Tanker markets suffered from prolonged refinery maintenances during the period.

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Fire Erupts aboard Tanker at Norway's Sture Terminal

Tanker fire at Sture Terminal

The tanker arrived at the Sture terminal from the Port of Gothenburg.

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ReCAAP: Asian Piracy Incidents Down in August


A total of eight incidents were reported in August, including two piracy and six armed robbery incidents.

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LNG Bunker Vessel Kairos in Further Baltic Sea Firsts

LNG bunker vessel Kairos and product tanker Ternsund

The LNG bunker operation took place while normal cargo was unloaded in parallel.

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Performance Shipping Breaches Minimum Bid Price on Nasdaq


From July 24 to September 5, 2019, the company's common stock closing bid price was below minimum requirement.

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