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Greater China
Bank of China and ICBC set up branches in Greece
Bank of China and ICBC, two major banks in China, have received approval from Greek banking authorities to set up…
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Asia
Dasin Holdings seals sale and leaseback for eight supramaxes with Cosco Shipping Leasing
Singapore-based bulker owner Dasin Holdings has sold eight supramax bulk carriers to Cosco Shipping Leasing under a sale and leaseback…
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Asia
TGO acquires LPG carrier pair from BW
BW LPG, the gas shipping unit of BW Group, has sold 2003-built 44,800 dwt LPG carriers BW Nantes and BW…
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Europe
Sovcomflot secures financing and charter for icebreaking LNG carrier
Russian state-owned shipping company Sovcomflot has entered into an agreement with domestic financial institution VEB.RF Group for the lease financing…
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Europe
Shearwater awarded South Africa seismic project by Total
Offshore survey specialist Shearwater GeoServices has been awarded a conditional letter of award for a 2D seismic acquisition and fast-track…
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Europe
Seadrill secures drillship extension from Petrobras
John Fredriksen’s Seadrill has secured a contract with Petrobras for its 2013-built drillship in Brazil. The contract is for a…
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Europe
JJ Ugland bulker crew abducted by pirates off Benin
The 2014-built supramax bulker , owned by Norwegian owner JJ Ugland, was boarded by pirates on Saturday off Cotonou, Benin.…
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Europe
Explosion onboard Russian tanker kills three
Three crew were killed in an explosion onboard a Russian tanker on Saturday near Nakhodka Port in the far east…
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Asia
Singapore authorities arrest 11 men for illegal MGO transaction
Singapore’s Police Coast Guard (PCG), in a joint operation with the Maritime and Port Authority of Singapore (MPA), has arrested…
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Greater China
First Steamship orders kamsarmax at Sasebo
Taiwanese dry bulk operator First Steamship has placed a newbuilding order at Japan’s Sasebo Heavy Industries for the construction of…
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Greater China
Zhejiang Shipbuilding to sell 11 unfinished OSVs
Bankrupt shipyard Zhejiang Shipbuilding is looking to sell 11 unfinished OSVs en bloc through an online auction scheduled on November…
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Asia
Sentek Marine orders suezmax quartet at New Times Shipbuilding
Singapore’s Sentek Marine & Trading has placed an order with China’s New Times Shipbuilding for the construction of four 158,000…
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Europe
Solstad Offshore sells PSV
Norwegian OSV operator Solstad Offshore has sold its 2003-built PSV . The vessel has been delivered to the new owner…
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Greater China
SASAC transfers 10% stake in Cosco to pension fund
China’s State-owned Assets Supervision and Administration Commission (SASAC), the major controller of state-owned enterprises, has made a decision to transfer…
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Europe
Navibulgar orders six Great Lakes bulkers at Yangzijiang
Navibulgar, Bulgaria’s largest shipping company, has placed newbuilding orders at China’s Yangzijiang Shipbuilding for the construction of up to six…
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Europe
Subsea 7 awarded two contracts
Norwegian offshore service provider Subsea 7 has secured two separate contracts from Jan de Nul and One Subsea. The Jan…
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Greater China
GNG acquires Shuangtai Transportation
Chinese state-run shipping group Guangdong Province Navigation Group (GNG) has signed share transfer agreements with the shareholders of Guangdong Shuangtai…
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Greater China
Fujian Yonghang Shipping orders handy bulker at Lixin Shipyard
Fujian Yonghang Shipping has placed an order at Fujian Lixin Shipyard for the construction of a 22,500 dwt handy bulker.…
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Europe
DOF Subsea and Kvaerner form partnership for Equinor offshore wind project
DOF Subsea and Kvaerner have entered into a contract to collaborate and deliver marine operations for Equinor`s Hywind Tampen Project…
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Dry Cargo
Weekly Broker: VLCCs jump in price
Tankers continues to be hot in the secondhand sale and purchase sector, especially the large crude tankers, despite the recent…
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