Latest news and insights from markets & deals.
Greek shipowner Chemnav Shipmanagement has re-entered the Suezmax tanker market with a newbuilding order in China. Shipbroking sources have linked the company to an order for two 158,000-dwt vessels at Penglai Zhongbai J…
Seadrill Limited has announced contract awards and extensions for several of its rigs, including the West Carina, West Capella, Sonangol Libongos and Sevan Louisiana. The awards span Indonesia, Malaysia, Angola and the U…
The booming VLCC market, with charter rates and asset values at exceptional levels, could face a double hit from late 2027 onwards, as a wave of newbuilding deliveries coincides with a potential easing of the inefficienc…
Tsakos Group has returned to the container vessel newbuilding market after four years, extending its orderbook across every shipping segment in which it operates. The Greek owner has disclosed a contract with China’s Hen…
Malaysian shipowner MISC is further expanding its LNG carrier business, with additional newbuildings planned under long-term charter agreements. The Petronas group company accepted a letter of award from Petronas LNG for…
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