Denmark’s Norden has firmed up its commitment to the capesize bulker segment through a deal for a pair of newbuildings.… ...

AP Moller-Maersk has reached an agreement with the Port Authority of New York and New Jersey to extend APM Terminals Elizabeth’s lease through December 2062. Originally set to expire in 2029 ...

When installed, the FPSO will be capable of producing 120,000 bopd as well as associated gas and water. It will be moored at a water depth of approximately 2,000m, around 200 km South of Rio de ...

UK shipping investment manager Tufton has been taken over by its top executives in a management-led buyout. The deal involved all the equity interests previously held by a “European family ...

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The FPSO has a production capacity of 70,000 bopd, 75m cubic feet of natural gas, and can store up to 2m barrels of crude oil. It was converted from a supertanker in 2003. The unit is currently ...

Dubai-based Drydocks World has been awarded a contract to refurbish and extend the operational life of the Baobab Ivoirian FPSO… ...

Nasdaq-listed Greek tanker owner and operator Performance Shipping has nearly doubled its money by selling one of its aframaxes. The Andreas Michalopoulos company has offloaded the 2011-built P ...