“Average spot rates are down this week across all main fronthaul trades out of the Far East. From Far East to US West Coast and US East Coast, it is a textbook market development with falling spot rates coinciding with a slight uptick in offered capaci…
Xeneta: Weekly Ocean Container Shipping Market Update Read More »
Croatian pipeline operator JANAF must allow transit of Russian seaborne oil to Hungary and Slovakia, refiner MOL Group said on Friday, noting both countries have exemptions to EU sanctions on such imports.Hungary and Slovakia are scrambling…
Croatia to Allow Russian Oil to Hungary, Slovakia Read More »
Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue…
AKOFS Offshore Inks New Vessel Deal with Petrobras Read More »
Norwegian ship designer and builder VARD has secured on order from France’s Orange Marine for two additional cable laying and repair vessels of the VARD 9 03 design, to be built at Colombo Dockyard in Sri Lanka.The vessels will be based on the same des…
Orange Marine Orders Two More Cable Laying and Repair Vessels from Vard Read More »
A fire onboard the Liberia-registered passenger vessel World Legacy while it was en route to Singapore has resulted in the death of one crew member.The incident occurred on February 20 at about 4:00am (Singapore Time). The fire was brought under…
One Dead After RoPax Fire Off Singapore Read More »