Region
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Atwood Oceanics drillship lands more work offshore Africa with Kosmos
Houston-headquartered Atwood Oceanics was been awarded a contract by Kosmos Energy Ventures for 2014-built drillship . The contract is for…
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PBES: ‘Batteries are the new oil for ships’
Plan B Energy Storage (PBES), a marine energy solution provider, has been making efforts to make electric power a reality…
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Lawsuit against Petronas LNG plant in Canada continues despite cancellation
Even though Petronas last month cancelled its planned liquefied natural gas (LNG) export facility in British Columbia, groups opposed to…
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Warehouse company brings complaint of bias against Port Authority of NY/NJ
Port Elizabeth Terminal & Warehouse Corp (PETWC) in New Jersey has issued a formal complaint to the Federal Maritime Commission…
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Guangzhou introduces subsidies to attract shipping services
The Guangzhou government has introduced a new subsidy policy to attract shipping service companies in the city as part of…
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Saudi Aramco signs first contract for King Salman complex
Saudi Aramco has signed a contract with a consortium comprising Saudi Archirodon Company and Huta Hegerfeld AG Saudia Company for…
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Korean carriers must consolidate further to survive: Alphaliner
South Korea’s 14 container carriers coming together on intra-Asia trades will not be enough for them to compete in today’s…
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Trading houses return to shipowning
2017 is likely to be viewed in hindsight as the year major trading houses returned to shipowning. A recent report…
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VLCC resales snapped up for just $73m per ship
Gulf Marine Management, an Athens-based tanker company fronted by wealthy Lebanese businessman Ghassan Ghandour, is being tipped as the company…
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SOFTimpact: Why maritime is so vulnerable to cyber attacks
The maritime industry appears to be specifically vulnerable to cyber attacks due to several factors including the fact that IT…
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Calls return for Kra Canal feasibility study
A centuries-old Southeast Asian canal project is being dusted off once again. Plans to create a waterway through southern Thailand’s…
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Sinopacific Offshore resumes operations
Sinopacific Offshore & Engineering resumed full operations yesterday following the approval of the shipyard’s restructuring plan last week. The shipyard…
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Panama government approves new toll structure for canal
The government of Panama has given the green light to a modified toll structure for the Panama Canal, the first…
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AP Moller Holding and three Danish pension funds launch Africa infrastructure fund
A.P. Moller Holding, PensionDanmark, PKA and Lægernes Pension have launched a new infrastructure fund, Africa Infrastructure Fund I, focused on…
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India eyes methanol as bunker alternative
India is looking to promote the development of methanol as a marine fuel, so that it is not reliant on…
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Shenghang Shipping issues new shares to fund newbuild
Chinese domestic tanker operator Nanjing Shenghang Shipping has announced a plan to raise RMB57.64m ($8.6m) by issuing 7.2m new shares.…
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Creditors brace for huge losses as Hanjin liquidation raises just 2.1% of total claims
The trustee overseeing Hanjin Shipping’s bankruptcy proceedings has warned creditors that the Korean line has managed to raise just $220m…
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Theresa May urged to help in the search for missing Stellar Daisy crew
Theresa May, the British prime minister, is being urged to help out in the ongoing search for the missing 22…
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Boskalis will not be drawn on Bibby Offshore rumours
Boskalis is remaining tight lipped over reports it is eyeing buying into Bibby Offshore. Writing on his own blog, Jeremy…
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MSC Daniela finally reenters service four months after massive fire
Eleven weeks after it limped into dock at a repair yard in Shanghai the fire ravaged 13,800 teu boxship finally…
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