Saipem bags offshore pipelines installation deal for UK CCS projects
Italian offshore engineering and construction giant Saipem has signed a letter of intent for the installation of offshore pipelines on the Northern Endurance Partnership (NEP) and Net Zero Teesside Power (NZT Power) projects.
NEP –...
Houthis vow to extend attacks deeper into the Indian Ocean
Another ship has been damaged by the Houthis, who now claim to have hypersonic missiles in their armoury and will expand their target zone deeper into the Indian Ocean to try and prevent enemy...
Subsea 7 wins contract for Woodside’s deepwater field in Mexico
Offshore engineering and services player Subsea 7 has struck a deal with Woodside Energy for work on the Trion field development in Mexican waters of the Gulf of Mexico.
Under the contract, worth between $350m...
Panama Canal Authority adds three more daily transit slots
Solid amounts of rain have allowed the Panama Canal Authority (ACP) to add three extra slots per day at its panamax locks, taking the total daily maximum transits to 27, still more than 10...
Grindrod secures up to $113m in debt refinancing
Grindrod Shipping has struck a deal for an $83m loan with Nordea Bank and SEB Bank (Singapore). The Singapore-based bulker owner and operator is using the proceeds to refinance the existing $114.1m senior secured...
Safe Bulkers offloads two ships in strong secondhand market
New York-listed Safe Bulkers has continued its fleet renewal programme and also taken advantage of firming tonnage prices having agreed to offload two of its ships in separate deals.
The Monaco-headquartered Greek owner is shipping...
Genco rejects Economou’s board nominees
US-listed bulker owner Genco Shipping & Trading has rejected Greek shipowner George Economou’s two nominees to its board, saying that their additions would not be in the best interest of the company or its...
Western Bulk appoints interim chief executive
Norwegian dry bulk operator Western Bulk Chartering has appointed board member Ørjan Svanevik as interim chief executive officer.
Svanevik, the former director and chief operating officer at John Fredriksen’s Setankers Management, joined Western Bulk’s board...
Bahijah livestock carrier cleared to re-export unloaded animals to Israel via Cape of Good...
After a little over two weeks since 16,000 sheep and cattle were unloaded from the Bahijah livestock carrier, Australia’s Department of Agriculture has given the all-clear to load them onto the same ship and re-export them to Israel.
The...
DHT orders four VLCC newbuilds from South Korea
New York-listed tanker giant DHT Holdings has entered into agreements to build four very large crude carriers (VLCCs) in South Korea with delivery expected between April and December 2026.
Two will be constructed at Hyundai Samho Heavy...
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