Pemex extends contracts for three Borr Drilling rigs worth $213m
Offshore jackup rig player Borr Drilling has won contract extensions for three of its rigs in Mexico.The 2017-built Galar and the 2018-built Gersemi have each b...
Latest Shipping & Logistics News
10,817 articlesPanama Canal to develop new ports on both the Atlantic and Pacific
The Panama Canal has launched a consultation process with representatives of the maritime industry to identify potential partners interested in developing port ...
China’s Agricore adds cape from Primebulk
Chinese dry bulk heavyweight Agricore is listed as buyer of the 178,100 dwt Cape Aqua (built 2009, Shanghai Waigaoqiao Shipbuilding), confirming reports from la...
Queue times for commodity vessels off Chinese ports hit highs not seen since 2022
Xi Jinping’s meeting with Donald Trump in South Korea later this week cannot come soon enough to smooth troubled commodity supply chains with vessels backing ...
ABS appoints new CEO for consulting business
ABS has appointed David Wechsler, a founding partner of the firm that became Hitachi Consulting, as the new CEO of ABS Group, the company’s consulting wing.We...
Huarong Leasing lines up newcastlemax newbuild brace
China’s Huarong Financial Leasing has signed up for two newcastlemax bulk carriers at Taizhou Kouan Shipbuilding, marking its first newbuilding move in the se...
Suez Canal Authority partners with Anchorage Investments
The Suez Canal Authority (SCA) has signed a strategic partnership agreement with Anchorage Investments to build a large-scale petrochemicals complex in Ain Sokh...
Metrostar sails out of crude trade with double suezmax sale
Greek shipowner Metrostar Management has sold its final two suezmax tankers to compatriot Delta Tankers, marking its full exit from the crude carrier business.B...
Why realism, not rhetoric, will drive shipping’s path to net zero
Philippos Ioulianou, managing director of EmissionLink, writes for Splash today.The decision by the International Maritime Organization to delay the Net-Zero Fr...
Havila vessel gets more time with OceanPact
Norwegian offshore vessel owner Havila Shipping has secured a contract extension with OceanPact for its subsea vessel Havila Harmony.The 2005-built vessel will ...
Yinson takes Maran VLCC
Singapore’s Yinson Production has quietly extended its footprint into the VLCC segment, sealing a deal with Greek powerhouse Angelicoussis Group for the 317,1...
Yang Ming chairman says company not hit by US-China tensions
Yang Ming Marine Transport chairman Tsai Feng-Ming said on 23 October that US-China trade tensions have been good for the Taiwanese liner operator.Speaking at t...