‘Biggest and longest’ FPSO bond ever sold in $1.2bn deal by Yinson Production
Malaysian group says milestone transaction set a new benchmark for the sector
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July 2025
MOL grows tank storage business as it completes LBC Tank Terminals acquisition
Japanese shipping major Mitsui O.S.K. Lines (MOL) has become the 100% shareholder of LBC Tank Terminals, the Netherlands-based tank terminal operator in the chemical handling industry.
The post MOL grows tank storage business as it completes LBC Tank …
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Svitzer Takes Delivery of Sanmar-Built Fully Electric Tug
International tugboat operator Svitzer has taken delivery of its first fully electric tug, built by Turksih shipbuilder Sanmar Shipyars..The SANMAR ElectRA 2500SX is based on a design from Canadian naval architects Robert Allan Ltd.The new tug has an o…
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Fincantieri Launches Innovation Hub in South Korea
Fincantieri expanded its global innovation network with the launch of a new Innovation Antenna in South Korea, aiming to deepen ties with the region’s fast-growing maritime and high-tech ecosystem.Announced during the Scaleup Summit Seoul 2025…
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Swedish owner Fjordtank buys tanker from Sirius Rederi
Ship will be on chartered to Bunker One after deal
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