Shipping
Reach Subsea and Eidesvik deliver IMR vessel Viking Reach
The joint venture partners have finalised the sale of the 2009-built IMR vessel Viking Reach, with both companies reporting anticipated financial gains from the transaction.
Topic
Shipowners
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Shipping
Newbuilding contracting activity rises across shipping sectors
Shipowners are expanding fleets with significant newbuilding orders for tankers and bulk carriers, while secondary market values remain stable amid shifting sector demand.
Tankers
Emarat Maritime expands tanker fleet with six LR1 newbuildings
Dubai-based Emarat Maritime has ordered six 74,000 dwt LR1 product tankers in China, bringing its total newbuilding pipeline to 22 vessels.