Yang Ming Sets-up Shop in China
Taiwanese ocean shipping company Yang Ming Marine Transport Corporation has formed a new subsidiary with un-named partners in Shanghai named Huan Ming (Shanghai)…
MSC Uses 30% Biofuel Bunker Blend
Swiss-Italian international shipping line MSC Mediterranean Shipping Company (MSC) announced that its vessels bunkering in Rotterdam, the Netherlands, will now bunker…
Boskalis Bags Pasay Reclamation Project
Dutch dredging and heavylift company Royal Boskalis Westminster N.V. (Boskalis) has received the Provisional Letter of Acceptance for the Design and Construction…
Wison, GTT Ink LNG Floater Accord
French technology firm Gaztransport and Technigaz (GTT) has signed a technical assistance and license agreement (TALA) for the use of its membrane solutions for…
Tianjin Port Adds ASD 35/50 Tug
Northern China Port of Tianjin has taken delivery of Azimuth Stern Drive (ASD) Tug Jin Gang Lun 33 from the Shanghai Harbour Fuxing Shipping Service Company shipyard.The…
AiP for 25000TEU LNG-Fueled Box Ship Design
The international accredited registrar and classification society DNV GL awarded an Approval in Principle (AiP) certificate to Hudong-Zhonghua for its new gas-fueled…
Seagull Videotel Appoints Leaders
Industry veteran Manish Singh has joined maritime knowledge services group Seagull and Videotel as CEO. Meanwhile, Roger Ringstad assumed the role of Executive Chairman.Acquired…
AET Wins $245Mln Charter Deal with Shell
Petroleum and chemical tanker owner AET Tanker Holdings has been awarded three long-term time charter contracts by Brazil Shipping I Limited, a Shell group entity.The…
Gothenburg Port to be Fossil Free in 2020
Swedish container facility Port of Gothenburg is aiming to be a fossil free terminal by 2020, said its owner-operator Danish-owned APM Terminals.APM Terminals Gothenburg…
Offshore: OSV Market Report
The environment in oil patches onshore and offshore alike has been challenging throughout 2019; worries about an economic slowdown – whether cyclical or induced by a trade war – have weighed heavily on oil prices, even in the face of reduced production by the big producers. Though storm clouds persist, there appears a clearing on the horizon.The fate of Offshore Service Vessels (OSVs) is, naturally, closely tied to the price of oil.
