BAE Jacksonville books DDG award with $137.9 million potential NAVSEA has awarded BAE Systems Jacksonville Ship Repair LLC, Jacksonville, Fla., a $119,261,837 firm-fixed-price contract action for maintenance, modernization, and repair of USS Lassen (DDG 82) fiscal 2023 Depot Modernization Period. The
Solstad Offshore wins work for Normand Maximus Skudeneshavn, Norway, headquartered Solstad Offshore ASA (Solstad, OSE: SOFF) has received Letters of Award from various undisclosed subsea contractors for hire of the CSV Normand Maximus for execution of projects during 2023.
Uwe Kleinwort orders new Kalmar equipment Cargotec's Kalmar has concluded an agreement with Uwe Kleinwort GmbH to supply six Kalmar Gloria reachstackers with a lifting capacity of 45 tons. The order was booked in Cargotec's Q4 2022 order intake, with delivery scheduled for the second quarter of 2023. Located in the Port of Hamburg in northern Germany, Uwe Kleinwort GmbH has an extensive rental equipment fleet including Kalmar reachstacke
Lee Hyungchul retains his position at Korean Register The current chairman and CEO of Korean Register (KR), Lee Hyungchul extends his tenure for three additional years. Lee Hyungchul was elected as the company's twenty-fifth chairman and CEO at the extraordinary meeting of KR's general assembly on 22 December 2022. Over his thirty years with KR, Lee has held many senior roles, leading key departments of KR including statutory service team, London br
CNC starts new intra-Asia service CMA CGM-owned intra-Asia shortsea specialist CNC has announced the launch of the Yangon Cambodia Express (YCX) service, a direct connection between Myanmar, Cambodia, Singapore and Malaysia. The new service will begin its inaugural voyage on 3 January from Singapore with the following rotation: Singapore - Port Klang (Malaysia) - Yangon (Myanmar) - Port Klang - Singapore - Sihanoukville (Cambodia
New CEO appointed at Pilbara Ports Authority Samuel McSkimming has been appointed the new chief executive officer of Australia's Pilbara Ports Authority. He will take over from current CEO Roger Johnston, whose term expires on June 30, 2023. McSkimming will join from Aurizon, Australia's largest rail freight operator, where he is currently general manager for New South Wales and Southeast Queensland. Commenting ...
Latsco Shipping expands into containerships with two Japanese newbuilds Latsis company Latsco Shipping has made a move into the container shipping sector with a pair of Japanese-built 2,000 teu vessels. The Paris Kassidokostas-Latsis led diversified owner, traditionally linked to tankers and liquefied petroleum gas carriers, recently took delivery of the 2022-built and from Imabari Shipbuilding. "This is an important milestone for the company as ...
Asyad Shipping books two LNG newbuilds at Hyundai Samho Oman's Asyad Shipping has booked a pair of liquefied natural gas (LNG) carriers at South Korea's Hyundai Samho Heavy Industries in a deal worth around $501m. The 174,000 cu m ships are expected to be delivered by June 2026, according to shipholding group Korea Shipbuilding & Offshore Engineering (KSOE). Asyad Shipping operates a fleet of ...
Shelf Drilling seals jackup deals in India and Nigeria Oslo-listed jackup rig operator Shelf Drilling has been awarded contracts in India and Nigeria. The Dubai-headquartered firm has fixed the 1992-built Compact Driller and the 1982-built Key Singapore to Oil and Natural Gas Corporation (ONGC) for three years to work in Mumbai High, offshore India. Meanwhile in Nigeria, the 1981-built Trident VIII has been secured ...
Eni taps Wison for second Congo FLNG unit Italy's Eni has signed a contract with China's Wison Heavy Industry for the construction of a floating liquefied natural gas (FLNG) unit that will be deployed offshore the Republic of Congo. The 380 m long facility has been designed to produce a nameplate capacity of 2.4 mtpa of LNG. The unit will be anchored at ...
Seadrill to acquire Aquadrill in $958m all-stock deal New York and Oslo-listed offshore driller Seadrill has struck a deal to buy Aquadrill in an all-stock deal that values the UK-headquartered rig owner at $958m. The deal, approved by both companies' boards, will see Aquadrill unitholders own 38% of Seadrill upon completion, expected in mid-2023. Aquadrill will become a wholly owned subsidiary of Seadrill, ...
Sub-capesizes end the year rangebound at lower levels Handysizes to panamaxes have shed value through the month, with average daily spot rates ending the year in a $11,000-$14,000...
High Court ruling sets precedent for shipbuilding refund guarantees Decision from Mr Justice Renshaw finds for owner Havila Kystruten against Spain's Abarca
Lloyd's List's Top 10 most read stories of 2022 Lloyd's List extensive coverage of structural changes to the global tanker vessel sector following the invasion of Ukraine, resulting in...
US sanctions Russian marine and naval entities Blacklisted entities were either operating or have operated in Russia's marine, defence or related sectors
Norden ends year on a high Chief executive Jan Rindbo says Norden continues to capture value in a weakened dry cargo market and a firm product...
Seafarers need extra support during holiday season 'It is the time of year when people are more likely to feel undervalued if companies don't put additional effort...
Bunker measuring system mandatory in Antwerp, Zeebrugge and Rotterdam During the first half of next year, the port authorities will first identify suitable bunker measuring systems, before setting out...
Essberger eyes expansion in chemical tankers market The privately owned shipping business, which is now run by the third generation of the family, is preparing to celebrate...
Daily Briefing MSC-operated boxship in bomb threat on passage to Antwerp | The Lloyd's List Podcast: Top 10 for 2022 | Infamous...
Stakeholders say US cargo flow would be undermined by proposed FMC billing rule At the core of the concerns expressed by carriers and terminal operators are what they say are the limits the FMC's proposed rule on detention and demurrage would place on their ability to bill truckers and consignees.
ILA can sue carriers over Leatherman terminal calls: NLRB The International Longshoremen's Association won a victory related to a dispute at the Port of Charleston as federal labor regulators say a lawsuit aimed at preserving their work on container ships was legal.
Seacor Marine strikes DNB deal to push back maturity on part of PSV loan DNB's portion of a credit facility backed by five PSVs gets extension of more than two years, while Comerica's share remains unchanged
Capesize bulkers have volatile week as iron ore trade suffers 'fits and starts' China's crude steel output reached 74.5m tonnes in November, down from 79.8m tonnes in October, according to World Steel Association
Podcast: Do scrubbers conflict with the Law of the Sea? Audio edition of Green Seas explores an effort by environmental groups to convince the IMO that scrubbers should be banned, though an industry leader calls the claim 'ill thought out and counterproductive'
Norden expecting even stronger bottom line for 2022 Danish bulker and tanker operator seeing strong performance despite weakening dry cargo market
Editor's Selection: Charterers slam CII clause, Vale launches Guiabamax tender, and is Japan's leasing sector in danger? Some of the best shipping stories brought to you from TradeWinds this week
Zero Carbon Centre warns shipowners to expect imbalances between alternative fuel supply and demand Bo Cerup-Simonsen believes having a dual-fuel engine is a good Plan B
US imposes fresh Russia sanctions after Ukraine grain ports targeted in missile attacks Three Baltic Sea ports critical for grain exports were affected by attacks on energy infrastructure
Reinsurer Atrium to exit 'unviable' marine market, and more could follow Lloyd's of London insurer is to put the business book into run-off
Tankers risk losing insurance cover over dark STS oil transfers Insurer West issues updated guidance as new network emerges for transferring Russian crude to larger ships for global trade
MOL ups carbon capture wager with Kansai Power deal Carbon capture is still expensive but costs could fall, as more and more players are jumping on the technology
Reinsurers mull Russian exclusion clause - sparking fears for marine cover Marine sector could be hit by the move which is aimed at limiting losses from aircraft lease claims
Speed of zero-emission work 'accelerating', says Bo Cerup-Simonsen Boss of Zero Carbon Centre identifies the positives in shipping's march to decarbonisation
Demolition deals down by 51% in deadweight terms during 2022, says Clarksons But with the heat off box and bulk, recycling volumes are expected to rise again in 2023
The Suez Canal Authority has announced that it will introduce surcharges on transit tariffs through the Egyptian canal for most major cargo vessels, effective July 15.
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