EU Needs IMO Leadership to Reduce Shipping Emissions
The European Community Shipowners’ Association (ECSA) has reiterated their support for International Maritime Organisation (IMO) as the proper leader of efforts…
Globus Maritime Reports Loss in Q3
Globus Maritime reported loss in Q3 results amid depressed dry bulk rates though it remains cautiously optimistic on China’s economy and expects demand for dry bulk commodities to remain strong.
Sembcorp Marine Issues Q4 Profit Warning
Sembcorp Marine, one of the world's largest offshore drilling rig producers, expects to record a net loss for the fourth quarter ending December, due to the challenging…
Sembcorp - Marco Polo Dispute Update
Rig-builder Sembcorp Marine (SembMarine) is currently embroiled in a dispute with Marco Polo Marine over a US$214.3 million rig construction contract that Marco Polo wants terminated.
DNV GL DSJ500 Jack-up Design for Dalian
DNV GL presented Dalian Shipbuilding Industry Co. Ltd (DSIC) with an Approval in Principle (AiP) certificate for their new DSJ-500 jack-up design for drilling in depths of up to 500 feet. Tor E.
COP21 - 2 billion Tonnes of Goods Shipped Using GHG Rating
Market-led solution reduces shipping’s carbon dioxide emissions. Ahead of COP21, 26 of the 35 charterers that include vessel efficiency in their supply chain selection…
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