ClassNK appoints new president
Hayato Suga has been promoted from senior vice president to become president and CEO of ClassNK, replacing Hiroaki Sakashita who becomes chairman of the Japanese classification society. Suga commented: “The business environment is changing rapidly, with boundaries between industries becoming increasingly blurred due to environmental challenges and digital transformation. In response, our mission is to […]
Bộ Xây dựng công bố danh mục cảng cạn
Bộ Xây dựng vừa công bố danh mục cảng cạn Việt Nam, trong đó bổ sung thêm 3 cảng cạn mới. Cụ thể, theo danh mục vừa được Bộ Xây dựng công bố, cả nước có có 17 cảng cạn. Các cảng cạn này gồm: Đông Phố Mới (Lào Cai), Hải Linh (Phú Thọ), cảng […]
Ørjan Lunde returns to Odfjell Drilling
Ørjan Lunde is stepping down as CEO of Norwegian shipowner Kristian Gerhard Jebsen Skipsrederi (KGJS) to return as chief financial officer at Odfjell Drilling, effective from September 1. Lunde was CFO at the drilling firm from 2019 to the start of 2024 when he moved to take the reins at KGJS. “We are pleased to […]
Synergy brings in ex-Unifeeder boss Jesper Kristensen as new CEO
Jesper Kristensen has stepped into the group CEO role at Singapore shipmanager Synergy Marine. The industry veteran joins Synergy after stepping down from DP World-controlled feeder operator Unifeeder last year, where he was Group CEO for 17 years. “With 34 years of experience at Unifeeder, he brings unparalleled expertise in shipping, outsourcing and running highly […]
UK to include shipping in its emissions trading scheme from next year
The shipping sector will be brought under the UK Emissions Trading Scheme (UK ETS) from next year under new green maritime plans unveiled today which will see vessels soon use future fuels and plug into charge ports as part of the UK’s new goals for shipping operators to reach net zero by 2050. Maritime minister, […]
The market impact of an ageing VLCC fleet
Mette Frederiksen, head of research and insight at Tankers International, on the future of the VLCC trades. The VLCC market is changing significantly. While the global fleet continues to grow with the introduction of newbuilds, the ageing vessels in operation are losing efficiency, therefore slowing the actual growth of tonnage supply. Adding to this shift […]
Tufton seals management buyout
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 office”, London-listed fund Tufton Assets and Oslo-listed Tufton Investment Management-backed Stainless Tankers said in separate filings. Filings to the UK Companies House show German investor […]
Sea1 Offshore orders two more OSVs from China
Norwegian offshore vessel owner and operator Sea1 Offshore has ordered two more offshore support vessels from China’s Cosco Shipping. In early November last year, Christen Sveaas-backed company ordered two vessels from the Chinese shipbuilder. The vessels would be based on Skipsteknisk’s ST-245 design and would be fit to serve both oil and gas and renewable […]
Modec to provide FPSO for Shell’s Gato do Mato project
Floater expert Modec has signed a purchase and sales agreement for an FPSO set to be deployed at Shell’s Gato do Mato project offshore Brazil. This follows the UK-based energy supermajor making a final investment decision for the project. The Gato do Mato consortium includes operator Shell with a 50% stake and its partners Ecopetrol […]
Equinor picks TechnipFMC for subsea work on Johan Sverdrup
Offshore contracting giant TechnipFMC has been awarded an integrated engineering, procurement, construction, and installation contract by Equinor for the Johan Sverdrup Phase 3 development in the Norwegian part of the North Sea. The Johan Sverdrup field, which originally began production in 2019, is now one of the largest developments in the region. This latest phase […]