Distinctive Shipbroking since 1856.
We have a passion for the maritime world and the industry. We facilitate, coordinate, negotiate and help our customers to find the best solution.
Consolidation continues to accelerate in the businesses targeting the wind energy sector as they prepare for the next phase of growth in offshore wind energy. In the latest development, international engineering and contracting group Semco Maritime has entered into an agreement to acquire German full-service provider Wind Multiplikator, a specialist in management of offshore wind farms and projects as well as provisioning of engineering and consulting services.
When it comes to reducing the global carbon footprint, no one can do it alone. That’s why companies are partnering to create solutions that enhance their capabilities to bring about significant progress.
Seatrium, the successor company formed in Singapore after the merger of Sembcorp Marine and Keppel Offshore & Marine, confirmed that it has been notified that Singapore’s Corrupt Practices Investigation Bureau has started a new investigation which the company links to the pre-2015 activities of Sembcorp Marine’s subsidiary in Brazil.
Fresh out of the battle for control of crude tanker giant Euronav, John Fredriksen is launching a new war of words with the board of International Seaways, targeting two directors in particular - and International Seaways is pushing back.
Contracted long-term ocean freight rates collapse during May marking the ninth consecutive month of declines. The expiration of the 12-month contracts, which traditionally start over each May, contributed in large part to a dramatic decline of 27.5 percent and a further demonstration that the era of high demand, lack of equipment, disrupted supply chains, and congestion is over according to benchmarking and analytics platform Xeneta.
Satcom giant Viasat has completed its acquisition of Inmarsat, the firm announced Wednesday.
In November 2021, Viasat reached a deal to purchase Inmarsat for $7.3 billion in cash, stock and debt, intending to integrate Inmarsat's radio frequency spectrum, satellite fleet and ground-based assets into its global network.
Gatik Ship Management has emerged as one of the leading players in the Russian oil shipping market, specializing in moving quasi-sanctioned Russian crude to refineries in India.
