Energy News Beat Dry CargoGreater China Jinhui Holdings Jinhui Holdings Chinese bulker owner and operator Jinhui Shipping and Transportation has sealed its third supramax sale this year. The Oslo- and Hong Kong-listed company is offloading the 2009-built 65,900 dwt Jin Gang to Singapore’s Huwell Shipping for $10.8m. The Shanghai Shipyard-built unit should change hands by […]
Energy News Beat AsiaGas MOL / Samsung Heavy Industries MOL / Samsung Heavy Industries Japanese shipowner Mitsui OSK Lines (MOL) is partnering up with India’s Oil and Natural Gas Corporation (ONGC) to build and operate very large ethane carriers (VLECs). According to the expression of interest, the deal, structured as a joint ventur,e will see […]
Energy News Beat EuropeTankers Stainless Tankers Stainless Tankers Oslo-listed Stainless Tankers has inked a deal to sell its 2008-built J19 stainless steel chemical tanker Gwen for $16.16m, marking the latest step in the company’s ongoing fleet optimisation programme. The Norway-based owner, backed by UK shipping fund Tufton, said the vessel is scheduled to be delivered […]
Energy News Beat Maersk Tankers Denmark’s Maersk Tankers is set to establish in-house technical management operations as it prepares to take delivery of very large ammonia carriers (VLACs) and seeks tighter alignment between technical expertise and commercial ambitions. The move marks a pivot from the company’s 2021 decision to hand over technical management of its […]
Energy News Beat Nova Marine Carriers P&O Maritime Logistics, a unit of ports and logistics heavyweight DP World, has acquired a controlling stake in NovaAlgoma Cement Carriers (NACC), the leading operator of pneumatic cement carriers, in a move that positions the Dubai-based group deeper into infrastructure-driven dry bulk trades. The transaction, with an undisclosed value […]
