Port News
Port News
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Frontline cashes in on ageing suezmax pair
John Fredriksen-controlled tanker heavyweight Frontline has confirmed the sale of its two oldest suezmax tankers, extending a fleet renewal programme…
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Peter Georgiopoulos returns to VLCC arena with up to 10 newbuilds at Wison
Greek shipping veteran Peter Georgiopoulos is making a major return to the very large crude carrier market, with Athens-based United…
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Hormuz fallout pushes Panama Canal close to full capacity
Disruption in the Strait of Hormuz is helping drive a sharp rise in Panama Canal traffic, with the waterway now…
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Russia’s shadow fleet is a hybrid warfare platform, not just a sanctions shield, new investigation finds
Russia’s shadow fleet of oil tankers is functioning as an active platform for hybrid warfare against European states – enabling…
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DeepOcean wins North Sea FPSO decommissioning contract
DeepOcean has secured a contract to support the decommissioning and removal of a floating production, storage and offloading vessel in…
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Saipem eyes Brazil’s offshore decommissioning market with Petrobras tie-up
Italian offshore contractor Saipem is positioning itself for a larger role in Brazil’s emerging decommissioning market after signing a cooperation…
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Latsis-linked EuroHoldings grows product tanker exposure with second Latsco purchase
Nasdaq-listed Greek owner EuroHoldings has expanded its presence in the product tanker market with the acquisition of another MR unit…
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Ciner adds ammonia carriers to growing multi-sector orderbook
Turkish industrial conglomerate Ciner Group has been linked to another major newbuilding investment after South Korean shipbuilding giant HD Hyundai…
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Zodiac expands tanker orderbook with quartet of suezmax newbuilds
London-based Zodiac Maritime is stepping up its investment in crude tanker tonnage, ordering four suezmax newbuildings in China as it…
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Pakistan relaunches offshore oil hunt after 18-year hiatus
Pakistan has reopened its offshore energy frontier to oil and gas exploration after an almost 18‑year gap, signing agreements for…
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