Region
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ZIM finds a replacement for Rafi Danieli
Israeli container carrier has unveiled a new CEO to take over from stalwart Rafi Danieli. Eli Glickman, formerly head of…
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Rimorchiatori Riuniti takes Japanese kamsarmax
Rimorchiatori Riuniti is to bolster its presence in the dry bulk industry with the purchase of the kamsarmax bulk carrier…
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Bremer Landesbank flags heavy shipping losses
Another German bank has flagged its heavy exposure to losses from shipping loans. Bremer Landesbank warned yesterday it estimates a…
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New board appointments at V.Group as Advent takes over
As private equity firm Advent International sealed its deal to take over shipmanagement giant V.Group, new non-executive appointments have been…
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Icon Offshore secures accommodation workboat contract
Malaysian operator Icon Offshore has secured a long-term charter contract for an accommodation workboat from Brunei’s SPHI Marine. The contract…
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Bulker attacked off Nigeria
A bulk carrier controlled by Paris Dragnis’s Goldenport was attacked in the Gulf of Guinea yesterday morning. The was en…
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Scandinavia leading the way in maritime innovation
Having lived in China for many years news that a giant hole was to be blasted in a mountain to…
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European Ship Recyclers Group established
Five of the EU’s approved recycling yards have signed an agreement to establish the European Ship Recyclers Group (ESR). The…
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TEN secures charter for newbuild VLCC
Tsakos Energy Navigation (TEN) has agreed a time charter for newbuild VLCC Hercules I with a major US oil company…
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The home of disruption
Look to the Nordics for a new wave of digital maritime solutions, argues Birgit Liodden, the director of Nor-Shipping. The…
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Shreyas Shipping acquires Balaji Shipping
India’s Shreyas Shipping & Logistics has announced that its board has approved a plan for subsidiary Shereyas Relay Systems to…
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Spiralling raw material prices see coatings costs hiked
Shipowners, desperate to clamp down on every cost, have been hit by an increased layout for coatings. Over the last…
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Regulator wants Petrobras to re-do financial statements
Brazil’s state oil company Petrobras has been asked by the country’s stock market regulator CVM to re-do three years of…
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PIR and Edison join forces for a new LNG terminal in the port of Ravenna
The Adriatic Sea will have at least one LNG bunkering facility in Italy. Petrolifera Italo Rumena (PIR) along with Italian…
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Rolls-Royce forms autonomous shipping centre in Turku
Rolls-Royce will establish its Marine R&D Centre for Remote Control & Autonomous Ships and Artificial Intelligence in Turku, Finland. The…
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THE Alliance creates first liner emergency fund in the wake of Hanjin’s demise
With just over three weeks till kick off THE Alliance today announced its final network after all needed preparations have…
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BP boss warns oil price unlikely to rise for the next five years
In an interview with American TV channel CNBC the head of BP has warned he does not see oil prices…
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APM Terminals in court again over Guatemala corruption case
A high profile bribery scandal in Guatemala that involved a former president of the Central American nation and damaged Maersk’s…
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Global Marine Systems acquires Maersk cable layer
Global Marine Systems has snapped up 2000-built subsea construction, installation and trenching vessel from Maersk Supply Service. The vessel, which…
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Ezion in discussions to take over Swissco JV rigs
Ezion Holdings is in discussions with the interim judicial managers of Swissco Holdings to try and snap up four bargain…
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