Region
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Guangzhou Port IPO approved
China Securities Regulatory Commission has approved an IPO application from Guangzhou Port, with the port expected to go public this…
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El Faro hearing told there was no safety training for Polish workers on the ship
A Polish electrician who had worked on El Faro in the past, on Wednesday told the hearing into the cargo…
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DB Schenker buys into American online trucking startup
The ongoing digitisation of the freight transport industry continues with news German logistics giant DB Schenker has bought a $25m…
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Vega Reederei facing fine for failing to comply with US ballast water rules
German shipping firm Vega Reederei GmbH & Co. KG is facing possible civil penalties for failing to comply with US…
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Economou takes Shell VLCC
George Economou’s TMS Tankers has been linked by brokers as the buyer of the 2011-built VLCC. TMS is thought to…
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Samsung C&T orders four deck carriers at Hubei Offshore Engineering
South Korea’s Samsung C&T has signed shipbuilding contracts with Hubei Offshore Engineering Equipment, a unit of Wuchang Shipbuilding Industry, for…
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Ezra Holdings faces EMAS AMC wind up
The run of bad news continues for Singapore offshore firm Ezra Holdings. The company has announced that EMAS AMC, a…
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Alibaba signs with CMA CGM
Chinese online retail giant Alibaba continues to make closer ties with the top names in container shipping. Following on from…
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SM Line will deploy just one transpacific string from next month
Brand new liner firm SM Line from South Korea is scaling back on its transpacific foray. SM Line had planned…
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HMM says it is in discussions with Walmart as Hanjin replacement
The head of Hyundai Merchant Marine (HMM) has moved to scotch rumours circulating in local Korean media that American retail…
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Yangzijiang Shipbuilding growing fast as a bulker owner
Like other Chinese shipbuilders facing squeezed circumstances Yangzijiang, China’s largest private shipbuilder, is growing as a fully-fledged shipowner. Singapore-based Yangzijiang…
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Oaktree takes Blue Lines MR pair
Global investment firm Oaktree Capital Management has snapped up MR product tankers, according to broker reports. Side notes in one…
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Petronet acquires stake in LNG carrier
Indian’s state run gas importer Petronet LNG has acquired a 26% stake in India LNG Tranport Company (No. 4), a…
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Drones deployed to inspect Eni rigs
Sky Futures, a UK-based drone operator, has won a three-year contract to inspect the rigs owned by Italian energy giant…
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Fugro acquires IRM support vessel from Solstad
Dutch offshore vessel owner Fugro has finalized a purchase agreement with Solstad for the offshore inspection, repair & maintenance (IRM)…
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Tote official declined to investigate El Faro chief mate asleep on watch
A Tote Services safety official on Tuesday told the US Coast Guard (USCG) Marine Board of Investigation (MBI) into the…
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Diana Containerships charters post-panamax to CMA CGM
Greece’s Diana Containerships has fixed 2008-built 6,494 teu containership to CMA CGM on a time charter contract. The charter, which…
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Stranded crew on Chinese bulker to return from India soon
The 23 crewmembers on the Chinese vessel , which has been detained in India’s Haldia Port for over 40 days, will be…
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Repsol Sinopec takes options on Prosafe accommodation vessel
Repsol Sinopec Resources UK has extended the charter of Prosafe’s advanced accommodation vessel for a one month period. Safe Boreas…
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Concordia Maritime signs third sale and leaseback agreement
Concordia Maritime is selling the 2015-built product tanker to what it describes as “a large Japanese financial institution” with naming…
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