Thenamaris tied to MR newbuild play in South Korea
Greek shipowner Thenamaris has reportedly returned to the South Korean newbuilding market with four MR2 product tankers at HD Hyundai Mipo. Broker reports from Athens suggest the Nikolas...
Cape Shipping swings back to bulkers with newcastlemax order
Greek owner Cape Shipping is returning to the dry bulk newbuilding market for the first time in more than 15 years after placing an order for two newcastlemax bulk carriers at China’s Dajin Heavy...
BW LNG linked to fresh LNG carrier duo at HD Hyundai Samho
BW LNG is surfacing as the buyer behind a fresh order for two large LNG carriers at HD Hyundai Samho Heavy Industries in South Korea. The gas shipping arm of Singapore-based BW Group has been...
Torm adds six MR resales in latest fleet expansion move
Danish product tanker owner Torm is expanding its fleet again after lining up eight additional vessels through a mix of resale and secondhand acquisitions. The Copenhagen- and New York-listed...
Upstream Oil, Gas Dealmaking in the US Hits Two-Year High
Dealmaking in the U.S. upstream oil and gas sector jumped to $38 billion in the first quarter of this year, marking the highest quarterly total in two years, analytics firm Enverus said on Wednesday.Shale producer Devon and smaller rival Coterra……
Techcross Introduces the Siemens NX/PLM System
Techcross held a signing ceremony on May 13 with Siemens Industry Software at Techcross Busan factory together with Space Solution, a company specializing in PLM software development and consulting. Through this project, Techcross became the… Read Full Article on MarineLink…
Bezeq Telecom Deploys Subsea Internet Cable
Bezeq Israel Telecom has begun to deploy a fast-speed Internet subsea cable aimed at connecting Europe to Asia that its chairman says could ultimately reduce dependency on the Strait of Hormuz.Some 17% of global broadband goes through Hormuz… Read Full Article on…
Families of Pakistani Hostages Call for Rescue from Somali Pirates
Ambreen Fatima protested in Karachi with her children on Wednesday for the release of her husband, one of ten Pakistani crew aboard an oil tanker seized by Somali pirates 23 days ago, and who is now drinking dirty tank water…