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Business

Maersk Tankers seals deal to sell six Maersk Product Tankers-owned LR2 vessels

Business
Maersk Tankers has on behalf of Maersk Product Tankers entered an agreement for the sale of six new Long-Range 2 (LR2) product tankers in an en-bloc transaction.

Wan Hai Lines to launch independent CI8 express service

Business
The maiden voyage is scheduled to arrive in HONG KONG on April 30th, 2021.

ADNOC continues strategic expansion with acquisition of two additional VLCCs

Business
Capacity building supports ADNOC Group’s commitment to boost crude oil production capacity by 25% over next decade

Al Gihaz Holding completes investment in Enshore Subsea

Business
Enshore Subsea will be based out of the existing operational facility in the United Kingdom’s Port of Blyth

MISC takes delivery of Seri Elbert – its sixth VLEC

Business
The 98,000 cbm Seri Elbert and her five sister vessels are on a long-term charter to STL.

New investments for Oldendorff’s fleet

Business
Oldendorff has reported, that earlier this year OLDENDORFF CARRIERS ordered two 61,300 Ultramax Newbuildings

ONE to expand China to Southeast East Asia services

Business
The CIM2 service will launch on the 19th April.

OHT: High demand for offshore wind transportation to China

Business
The latest series of projects includes the transportation of DEME Offshore’s Apollo from Rotterdam and the transportation of two additional liftboats and a jack-up barge from Abu Dhabi in the UAE.

Hapag-Lloyd enhances Asia – East Africa connections with new service

Business
Launch of East Africa Service 3 (EAS3) will be in late April New service will offer excellent connections to Hapag-Lloyd’s global network

MOL, Kyushu sign agreement for LNG fuel supply for Japan’s first LNG-fueled ferries

Business
LNG fuel supply is slated to begin around the end of 2022 upon the delivery of the ferries, which are now under construction.

ABB to provide comprehensive vessel services to Canadian Coast Guard fleet

Business
ABB’s services will cover ABB technology installed on board CCG’s icebreakers, search & rescue vessels, fishery science, ocean science and specialty ships.

Suez Canal: Oil prices rose by about $2 per barrel on the news of the blockage

Business
The Suez Canal blockage has caused the build-up of vessels looking to transit the canal at both the northern and southern anchorages.
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