Offshore Energy Exhibition and Conference (OEEC)

Offshore Energy 2018

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

China-Led Consortium Chosen to Build LNG Terminal in Cyprus

FSRU

The LNG terminal at Vassiliko Port in Cyprus is scheduled for completion in 2021.

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Spliethoff Group to Build Seven New LNG-Fueled Vessels

Spliethoff

Two affiliates of Spliethoff Group and UPM enter into a long-term charter agreement covering seven new vessels. 

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Cosco Shipping Vessel Damaged in Vietnam Collision

CSCL Jupiter

CSCL Jupiter's sailing schedule delayed for a week after it suffered hull damage in the collision.

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Hyundai Samho Boosts Orderbook with 5 New Ships

Hyundai Heavy

South Korean shipbuilder Hyundai Samho Heavy Industries receives orders for 5 vessels.

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CMA CGM Pledges Not to Use the Northern Sea Route

CMA CGM vessel

Saadé said that none of CMA CGM's 500 vessels will use the Northern Sea Route along Siberia.

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Yangzijiang Shipbuilding Wins Orders for Two Bulkers

Bulker

The 325,000 dwt bulk carriers, ordered by an undisclosed Asian owner, would be delivered by June 2021.

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Frontline Buying Up to 14 Suezmax Tankers from Trafigura

Tanker

The company signed a deal to purchase ten 2019-built tankers, with options for four more units.

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Wallenius Wilhelmsen Hit with Criminal Cartel Charges

Wallenius Wilhelmsen; Don Quijote

The alleged cartel conduct is related to shipping of certain vehicles to Australia between June 2011 and July 2012.

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Stena Bulk Meets Iran’s Zarif over Stena Impero Release

Stena Impero

The company and Iran's Foreign Minister had "a constructive dialogue" on the release of the vessel held since July 19.

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Alphaliner: HMM to Add 34 Ships to THE Alliance's Network

HMM containership Hyundai Drive

The company would contribute 519,000 TEU in ships to the network, Alphaliner cited HMM's earlier revealed plans.

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CSSC (Hong Kong) Shipping Secures USD 600 Mn Loan

Finance

On August 20, the company confirmed it received a financing letter from an undisclosed bank in relation to the loan.

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Maran Gas Places Order for Its 6th LNG Carrier at DSME

LNG carrier Maran Gas Amphipolis

The new 174,000 cbm unit is scheduled for delivery by the fourth quarter of 2021.

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Australia Joins US-Led Coalition to Protect Ships in Hormuz

Australian flag

Australian is to work alongside international partners to assure security of merchant vessels in the Strait of Hormuz.

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KfW IPEX-Bank to Fund Dream Cruises' New Ship Duo

Dream Cruises debut in Shanghai with Explorer Dream

The financing package comprises around EUR 2.6 billion with a total investment volume of just under EUR 3.1 billion.

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Shell in Long-Term Charters for 14 New LNG-Fueled Tankers

Tanker

The charter deals are a part of the company's drive to decarbonise shipping.

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World's Largest Boxship Wraps Up Maiden Voyage

MSC Gulsun

MSC Gülsün arrived in Europe after completing its first voyage from the north of China.

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Scottish Govt to Nationalize Ferguson Marine Shipyard

Ferguson Marine shipyard

The development would enable completion of two ferries being built at the shipyard for CMAL.

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Pirates Kidnap Eight Seafarers from German MPP Ship

pirates

Armed pirates have abducted 8 crew members from a German MPP ship at the Douala Anchorage, Cameroon.

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Panama Canal Gets A Rating from Fitch for 4th Year in a Row

Panama Canal

Panama Canal is "an underlying asset that is critical not only for Panama, but for international commerce," Fitch said.

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SHI Secures Orders for Ten LNG-Fueled Crude Oil Tankers

Tanker

The deal, signed with an undisclosed Oceanian shipowner, is valued at USD 620.2 million.

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Modec Issues USD 1.1 Bn in Bonds to Refund FPSO in Brazil

FPSO Cidade de Caraguatatuba MV27

The project bond was issued for the FPSO Cidade de Mangaratiba MV24, currently in operation offshore Brazil.

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ExxonMobil Hires Singapore's 1st LNG-Fueled Bunker Tanker

Marine Vicky

The vessel will join Sinanju’s 13-vessel bunker fleet in December 2019.

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Gibraltar Releases Seized Iranian Tanker Grace 1

Tanker

The officials have revoked the vessel's earlier specified detention with effect from August 15.

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Samsung Heavy Wins USD 186 Mn LNG Carrier Deal

LNG carrier

Under the construction contract, the vessel is scheduled for delivery in late October 2021.

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Work Begins on AIDA Cruises' New LNG-Fueled Ship

aida_cruises

German shipbuilder Meyer Werft has cut the first steel for the next cruise ship for AIDA Cruises.

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US Seeks to Block Release of Grace 1 in Gibraltar

Tanker

Gibraltar was to lift the detention on the ship this morning.

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Stena Bulk Seeks Help from Govt Leaders in Freeing Seafarers

Stena Impero

The company asked for help in freeing the Stena Impero seafarers from India, Russia, Latvia and the Philippines.

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