MPC Container Ships ASA entered into a share purchase agreement to acquire Songa Container AS for an aggregate purchase price of USD 210.25 million on a debt and cash-free basis, says a press release published on PRNewswire.
Songa's fleet
With this...
Keppel O&M’s legacy rigs and associated receivables will be sold to a separate Asset Co that would be majority owned by external investors, and omitted from the Combined Entity.
Combination would allow companies to bring together their best...
CNOOC Energy Technology & Services has decided to build a 100,000DWT FPSO to meet the production needs of Lufeng 12-3 oilfield, reports Xinde Marine News.
Project Scope & investment details
Total investment
The total investment of this FPSO is 240,868 million yuan...
Mitsui O.S.K. Lines, Ltd. announced that MOL, Nippon Concept Corporation (NCC), and MOL Logistics Co., Ltd. (MLG) have decided to jointly establish MOL Logistics (Tank Containers) (MLGTC) within this month, says a press release published on their website.
About the...
Yangzi Xinfu Shipbuilding's first 325,000DWT VLOC for BoComm Leasing and KMARIN, was christened and delivered and left the factory for its maiden voyage, reports Xinde Marine News.
About the vessel
"BOKM SHANGHAI" is 339.9 meters in length, 62 meters in width...
Globus Maritime Limited announced that it has taken delivery of the M/V “Diamond Globe”, a 2018-built “Eco” Kamsarmax dry bulk carrier, says an article published in SeekingAlpha.
Vessel delivery
Globus Maritime Limited took delivery of the M/V “Diamond Globe”, a 2018-built...
Young companies are always seeking out new and forward-thinking ways to find product market fit, startups are defined by innovation and experimentation.
For larger, more established companies, the story is different where long established successful businesses and the...
Stephen Wunker, for Forbes, explains what are rogue waves and how they drive the shipping business.
Rogue waves
On the high seas, 64% of ship sinkings are due to a single phenomenon. They are not caused by mechanical defects, nor crew...
Statkraft and Skagerak Energi have been chosen as suppliers of green hydrogen for the zero-emission cargo vessel that HeidelbergCement and Felleskjøpet are planning.
The concept that emerged involves the replacement of containers with compressed hydrogen and is flexible...
GasLog Partners LP announced a new time charter agreement for the Methane Heather Sally with a wholly-owned subsidiary of Cheniere Energy, Inc. (“Cheniere”), says a press release published on their website.
The time charter
The charter began last week and has...
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