Xi and Sisi Agree a Third Phase for the Chinese Zone Beside the Suez Canal
Egypt and China agreed on 2 September to expand Chinese investment in the Suez Canal Economic Zone, deepening Beijing's position beside the waterway as the Hormuz conflict continues.
Nigeria Approves Framework Aimed At Fifty Billion In Deepwater Investment
Nigeria's president has approved a new fiscal and regulatory framework for deepwater oil investment which the government says could attract up to fifty billion dollars, in a measure intended to support projects including a major
Dubai Firm Lines Up Five Hundred Million Dollar Ship Tokenisation Pipeline
A Dubai-based venture has earmarked roughly thirty-five vessels worth about five hundred million dollars for tokenisation on a blockchain platform, in an attempt to open ship ownership to investors who cannot participate in
Korean Shipbuilders Take Different Routes Into The American Market
One Korean shipbuilder is licensing modernisation expertise to an American yard while another has bought a shipyard outright and committed to a five billion dollar expansion.
Offshore Field Development Spending Forecast To Reach 137 Billion Dollars
Global offshore field development investment is forecast to reach 137 billion dollars this year, with project sanctioning close to double the level of the preceding period.
NYK Takes Majority Voting Stake In LNG Investment Vehicle For 221 Million Dollars
NYK will invest 221 million dollars in Diamond Gas MidOcean for 87.4 percent of its voting rights, taking an indirect position in MidOcean Energy alongside a partnership on LNG marine transport.
Pindustry takes majority stake in maritime simulator builder VSTEP
The Rotterdam-based simulation specialist gets a new majority shareholder as its founding family steps back from ownership.
Never miss a move
Maritime, in motion. In your inbox.
The vessel sales, incidents, and market moves worth knowing, sent as they happen.