Ventura Offshore has struck a management deal with Eldorado Drilling for the seventh-generation Deep Value Driller and simultaneously secured a one-well drilling contract with Petronas in Indonesia…
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ONEX Shipyards and Technologies Group has announced a strategic agreement with Antipollution, a member of the V Group, for the design and construction of four state-of-the-art ecological vessels with…
Chinese owner Fujian Highton Development is looking to raise up to RMB2bn ($295m) to bankroll a 16-ship acquisition programme spanning dry bulk and multipurpose heavylift tonnage. The Shanghai-listed…
Kalmar Corporation’s Board of Directors has initiated planning for a reorganisation of its operating model, with the central structural change being the combination of its Terminal Tractors and…
Dorian LPG has secured a new $368.4m seven-year financing, consolidating four existing financing arrangements as the US-listed gas carrier owner pushes ahead with a new generation of VLGCs. The John…
Germany’s SAL Heavy Lift is moving to double its Orca-class programme in China, signing a memorandum of understanding with Wuhu Shipyard for five additional multipurpose heavylift vessels. The Harren…
Greek owner Sea Pioneer Shipping has emerged as the company behind SK Oceanplant’s recently announced series of six firm plus two optional aframax tankers. Market sources have identified the Vasilis…
The Morning Manifest
One briefing, every morning at 07:00 Riyadh time — the cargo and freight stories that matter across the Kingdom and the region.
