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TORM has entered into an agreement to purchase the three 2015-built scrubber-fitted and fuel-efficient LR2 vessels from Okeanis Eco Tankers Corp. The deal is for a total consideration of USD 120.8m. The vessels are expected to be delivered...
KM will partner with Myklebust Verft to supply green solutions for Hurtigruten vessels. The company aims to cut CO2 emissions from their operation along the coast of Norway by at least 25 percent. Kongsberg Maritime (KM) has secured a...
As A.P. Moller - Maersk has delivered strong earnings and growth momentum during the last year, the company now stands ready to further efforts in building the three world class divisions with strong synergies between them. All embedded...
Keppel Offshore & Marine (Keppel O&M)’s wholly owned subsidiary, Keppel Shipyard, has secured a contract, on the basis of an international tender, from Brazil’s National Oil Company, says a press release published on their website. Contract secured Keppel Offshore & Marine...
Castor Maritime Inc. announces the closing and drawdown, through two of its ship-owning subsidiaries, of a $18.0 million senior term loan facility with a European bank, says a press release published on their website. Loan facility Castor Maritime Inc. (NASDAQ: CTRM),...
Korea Shipbuilding & Offshore Engineering Co. (KSOE), the shipbuilding holding entity of Hyundai Heavy Industries Group, netted a second offshore facility Brazilian oil company Petrobras in $2 billion sea drilling project, reports Pulse News. Deal to build FPSO facility KSOE has...
StormGeo is announcing that Alfa Laval (ALFA:Stockholm) will acquire StormGeo. The acquisition is to accelerate their digital services offering and to add an important tool to the decarbonizing tool box offering. StormGeo, a global leader in weather intelligence software...
The Baltic Briefing has issued the tanker report for the 18th week of this year. The report dated 7th May 2021 provides a valuable insight into this week’s tanker market dealings, freight rates, and charter activities. VLCC In the Middle East,...
5-year contract for all of Total E&P Denmark’s assets Comprehensive range of services with focus on advanced non-destructive testing (ANDT) techniques Bilfinger Salamis Danmark with now three major offshore inspection customers Bilfinger Salamis has been awarded a €40 million...
Three bidders have been finalised for the sale of the government’s 63.75% stake in Shipping Corporation of India (SCI). The trio will now send in their proposals and will be allowed to carry out due diligence on SCI,...
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