Asia
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Cosco forms tech joint venture with Furuno and Heisei Trading
China Cosco Shipping’s subsidiary Cosco Shipping Technology has signed an agreement with Japanese marine electronics producer Furuno and Japanese trading…
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India’s top container train operator moves into shipping
Container Corporation of India Ltd (Concor), the nation’s top container train operator, is moving into the coastal shipping space at…
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Mermaid Maritime scraps barge pair
Thailand’s Mermaid Maritime has sold barges MTR-1 and MTR-2 to Indian ship recycling firm Star Matrix for $3.8m. MTR-1 is…
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BW LPG moves to acquire Dorian LPG
US-headquartered liquefied petroleum gas company Dorian LPG is subject to a $1.1bn buyout offer from Singapore’s BW LPG. BW LPG…
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Another elderly Polaris VLOC in trouble
South Korean owner Polaris Shipping’s 1994-built very large ore carrier suffered a fire in its engine room off the Brazilian…
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Vitol, StanChart JV orders VLCC quartet
Elandra Tankers, the Singapore-based joint venture between Vitol and Standard Chartered, has inked a contract with South Korea’s Hyundai Heavy…
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NYK creates electronic checklist to enhance condition-based maintenance
An electronic checklist that collects and manages a variety of data through the use of tablet computers is now being…
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Seoul creates special industrial crisis response zones to aid ailing shipbuilders
With more than 100,000 Korean shipbuilders out of work in the past two years, and whole towns devastated by the…
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Dship Carriers orders MPP pair at Taizhou Sanfu, eyes further expansion
Thomas Press owned MPP specialist dship Carriers has ordered a pair of F-500 newbuild multipurpose vessels from China’s Shipbuilding. Delivery…
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AET orders shuttle tanker quartet for Petrobras deal
AET, part of Malaysia’s MISC, has headed to Korea to order four suezmax shuttle tankers after winning a long-term charter…
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Berge Bulk scales up with Matterhorn purchase
Berge Bulk is revealed as the taker of the eight year old cape, , a Dalian-built ship reported sold at…
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H-Line takes another modern cape
Hsin Chien Marine is the second Taiwanese owner in the past fortnight to be offloading relative modern bulkers. Over the…
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Meghna orders ultramax pair at Taizhou Sanfu
Bangladeshi owner Meghna Marine has placed an order at China’s Taizhou Shipbuilding for the construction of a 64,000dwt ultramax bulker,…
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Hyundai Merchant Marine exits the transatlantic trades
South Korean shipping major Hyundai Merchant Marine (HMM) is exiting from the transatlantic container trades by terminating service of two…
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OSERV: The complete cyber damage limitation service
OSERV, a part of OSM Maritime Group focusing on supply chain management and value-added services, has geared up to offer…
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International Chamber of Shipping: Two more years under Esben Poulsson
“You’re either mad or a masochist,” Maritime CEO fires in with our first question to the newly re-elected chairman of…
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India relaxes cabotage laws
India is finally relenting to calls from global containerlines, and will ease its cabotage rules. The government has decreed that…
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Novel Singapore container haulage start-up emerges
Singapore’s home-grown container haulage start-up Haulio has raised S$1m ($745,000) in seed round investment, led by PSA unboXed together with…
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Yasa Shipping orders tanker quartet at Hyundai Mipo
Turkish shipowner Yasa Holding is said to have placed an order at South Korean yard Hyundai Mipo for the construction…
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Car carrier fire under control
At around 0100 hours Korean time this morning the main fire on the car carrier was finally extinguished although the…
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