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...
The year ahead in green tech
New Delhi, February 28, 2024: “The year 2024 will be the first year in which it will become clear what can be achieved in the short term and what can only be achieved in...
World’s fastest-growing ship register doubles in size in the space of one month
The world’s fastest growing shipping register has doubled in size in the space of just one month.
Gabon, a small Central African nation on the Atlantic coast, was last year’s fastest-growing shipping registry, a growth...
BP takes final option on Golden Energy Offshore PSV
Oaktree-backed Norwegian owner Golden Energy Offshore Services (GEOS) has clinched a six-month extension for its large platform supply vessel (PSV) Energy Empress.
The seven-vessel strong Oslo-listed outfit said the 2019-built unit has now been fixed until...
Chevron upgrades pair of LNG carriers
Chevron has gone to South Korea to upgrade a pair of LNG carriers. HD Hyundai Marine Solution has been chosen to add re-liquefaction systems, hull air lubrication and new gas compressors to the gas...
Cargo Ship with Lithium-Ion Battery Fire Sails After Securing Cargo
New Delhi, February 15, 2024: Nearly eight weeks after first reporting a cargo fire aboard, the Genius Star XI (13,663 dwt) has finally resumed its voyage after securing its cargo and completing a Port state...
Red Sea shipping crisis stops UN from completing FSO Safer operation
One of the side effects of the ongoing Red Sea shipping crisis has been the suspension of the dismantling of the FSO Safer, a 48-year-old, decaying tanker that the United Nations has been attempting to...
Europe needs $435bn investment in offshore wind grid to meet targets
The European Network of Transmission System Operators for Electricity (ENTSO-E) has claimed in its review of the existing offshore grid capacity that a €400bn ($435.8bn) investment in offshore wind grids is required to meet...
Ocean Alliance agreement makes any liner switch unlikely
Lawyers at global liners have been busy poring over the fine print of their alliance set-ups in the week since Hapag-Lloyd shocked its peers by ditching THE Alliance to form the Gemini Cooperation with...
TEN offloads elderly suezmax
Tsakos Energy Navigation (TEN) has cashed in on one of its ageing suezmax tankers.
The New York-listed Greek player has offloaded the 2005-built Eurochampion 2004 to an unnamed buyer in a deal that is expected to contribute...
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