Deal waiting for green light from CFIUS, China regulators; COSCO says keeping close eye on US-China trade tensions. COSCO Shipping's planned acquisition of Orient Overseas Container Line (OOCL) is on track to be completed by the end of June…
Russian state oil company Rosneft will continue geological explorations in the Arctic offshore zone after ExxonMobil quits the joint projects, reports TASS. The report qouted Natural Resources Minister Sergey Donskoy saying that the Arctic…
Falcon Global, a subsidiary of Seacor Marine Holdings and Fred. Olsen Windcarrier a wholly owned subsidiary of Bonheur ASA announced that they have reached a cooperation agreement whereby each party will exclusively contribute vessels and…
Huntington Ingalls Industries’ Ingalls Shipbuilding division received a $94 million fixed-price contract from the U.S. Coast Guard today to purchase long-lead materials for a 10th National Security Cutter (NSC). “National Security Cutters…
Rolls-Royce is to supply more MTU engines to fast ferry operator Majestic Ferry in Singapore.Designed by Incat Crowther, a total of seven new fast ferries are being built at PT Cahaya shipyard in Batam, Indonesia over the next two years…
Diana Shipping, a global shipping company specializing in the ownership of dry bulk vessels, announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services, Geneva, for one of its Capesize dry bulk vessels…
Abu Dhabi Ports inked a new agreement with the China Council for the Promotion of International Trade to explore new commercial opportunities between Chinese companies interested in investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ)…
Dubai Ports (DP) World, the global port operator of the United Arab Emirates (UAE), and the government of Kazakhstan signed two framework agreements in Abu Dhabi today relating to the acquisition, governance and management of Special Economic Zones (SEZ) in Aktau and Khorgos…
GasLog Partners has announced that it has entered into agreements with a new customer for two new charters plus options for an additional two charters. The agreements include an approximately three and a half year charter for GasLog Santiago…
DP World, the Dubai-based ports operator, announced it has won a 30-year concession for the management and development of a port project in the Democratic Republic of Congo (DRC). The port operator will set up joint venture with the Central…
Ardent, Vernicos Tugs and Salvage, a Greek-based tug & salvage service provider and Environmental Protection Engineering (EPE) a Greek-based Oil Spill Response provider, have formally partnered for future operations within Eastern Mediterranean and the adjacent waters…
Radio Holland Group and Lars Thrane A/S concluded a global distribution agreement for the LT-3100 Iridium system. As a ‘kick-off’, mid-March Peter Thrane (CEO & Co-founder) and Thomas Flinth (Sales Manager) visited the Rotterdam office of Radio Holland Netherlands for a sales presentation…
Greece concluded the sale of 67 percent stake in Thessaloniki port, the country's second-largest, to a German-led consortium, its privatisations agency (HRADF) said on Friday.Deutsche Invest and its partners, France's Terminal Link SAS and Cyprus-based Belterra Investments…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v New Orleans. The gross charter rate is $21…
The Abu Dhabi National Oil Company (ADNOC) has signed agreements with Total of France, awarding them stakes in two of Abu Dhabi’s new offshore concessions. Under the terms of the agreements, Total has been awarded a 20% interest in the…
