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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...

World’s largest floating solar project to become part of OranjeWind

The Nautical Sunrise consortium partners are looking to create the world’s largest offshore floating solar (OFS) power installation offshore the Netherlands. Research and development on the OFS systems and the components of the €8.4m ($9.1m)...

​LNG import terminal in Brazil commences operation with the arrival of FSRU

New Delhi, March 04, 2024: Operations have started at the LNG import terminal "Terminal Gas Sul," in Santa Catarina, Brazil. The terminal is poised to become an essential infrastructure for the import of LNG...

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...

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...

Diana Shipping offloads another bulker

New York-listed Greek bulker owner Diana Shipping is selling its second ship this year after having struck a deal with an unnamed buyer for one of its nine capesizes. The Semiramis Paliou-led company, which saw...

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