Global maritime, shipping and offshore news - Splash 24/7

Asia Shipping Media. Splash 24/7 provides the latest incisive, exclusive maritime news, plus interviews and in-depth analysis on global maritime,...

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Asiashippingmedia.com news digest

  • 3 days

    US sanctions four shipping firms among nearly 300 suppliers linked to Russia

    The United States has placed sanctions on more than 280 individuals and entities linked to Russia with four of them being shipping companies working on the Arctic LNG 2 project. With this massive-scale sanction wave, the US targeted Russia’s future energy...

  • 3 days

    Fredriksen becomes top investor in Edda Wind

    Shipping tycoon John Fredriksen has become the top investor in offshore wind vessel owner Edda Wind after Norwegian shipowner Østensjø sold all its shares in the company for NOK 521.8m ($47m). Following the transaction, Østensjø – which held shares through...

  • 3 days

    Yinson Production closes $1.3bn financing for Agogo FPSO

    Singapore-based Yinson Production has agreed a limited recourse term loan facility of up to $1.3bn for the pre- and post-delivery financing of the Agogo FPSO. The financing is provided by a consortium of 13 lenders, including international banks and...

  • 4 days

    Maersk raises profit outlook fuelled by Red Sea turmoil

    Danish liner giant Maersk has lifted the lower end of its full-year guidance as it expects the robust box market amid Red Sea disruptions to continue into the second half of the year. The Copenhagen-based shipping and logistics group said its first-quarter...

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Updated: February 27, 2023
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