The depressed liquefied natural gas (LNG) carrier sector sees nearly 60 vessels, according to data from Clarksons Research.

Norwegian energy major Equinor has exercised the first extension option for three Simon Møkster Shipping’s emergency response and rescue vessels. All three vessels signed their contracts with ...

JR Shipping paused its shortsea dry cargo business in 2019 after selling the last 5,000 dwt vessel in the fleet but has since maintained its ambition to come back to this market. “With extensive ...

ARO Drilling, a joint venture of New York-listed offshore driller Valaris, has signed extensions for five jackup rigs with Saudi giant Aramco. The fleet status report noted at the time that ...

Greek owner Pyxis Tankers has set out to potentially expand its fleet by up to two ships with the signing of a commitment letter for a bank loan of up to $45m. The Nasdaq-listed firm said it is ...

UK consulting and engineering firm Wood has secured a trio of reimbursable contract extensions worth $118m for operations and maintenance solutions with Shell, Dana Petroleum, and CNOOC International.

China’s Jiangsu Ocean Shipping (JOSCO) is expanding its containership fleet with four newbuilds contracted at compatriot yard Jiangsu Soho Chuangke Shipbuilding. The shipping arm of Jiangsu Port ...

Ports across Northern Europe are dealing with what broker Braemar describes as “serious congestion” right now. In Antwerp, Braemar reported yesterday the yard is already at 96% capacity, and ...

Taiwanese owner and operator Dong Fang Offshore (DFO) has ordered another commissioning service operation vessel (CSOV) from Fincantieri-controlled Norwegian shipbuilder Vard. The vessel will be a ...

The Danish government has announced plans to create a state-backed $1bn war risk programme for ships to be used in the event commercial insurance markets fail. The government said the insurance ...

Danish shipping giant Norden has bagged another bulker sale after taking a purchase option on chartered-in tonnage. The Jan Rindbo-led owner and operator said it had offloaded an unnamed ...