Region
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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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United Ocean kamsarmax sold to Alassia Newships Management
Reports tell Splash that the 81,900 dwt bulker , one of the most talked about bulkers ships in the sales…
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Former BP bunker exec charged for corruption in Singapore
Chang Peng Hong Clarence, BP’s former eastern regional director for marine fuels, was charged today for taking S$5.65m ($3.98m) in…
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Rizhao Port vice president dragged into corruption investigation
China’s Rizhao Port has announced that vice president Kong Xianlei is now under investigation by the local discipline inspection authorities…
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Toisa gets back to winning ways with charter deal
Toisa Limited, a Greek shipowning entity trying to fight its way out of bankruptcy, has announced that its vessel, ,…
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Star Bulk confirms acquisition of kamsarmax pair
Greek dry bulk owner Star Bulk has confirmed the acquisition of two kamsarmax vessels for a total price of $30.3…
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Diana Shipping wins two new charter deals
Greek dry bulk shipowner Diana Shipping has announced new charters for two of its vessels. Koch Shipping in Singapore has…
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SIPG seeks to develop Yangshan into free trade port
Chen Xuyuan, president of state run port operator Shanghai International Port Group (SIPG), has proposed to the National People’s Congress,…
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McDermott International to build advanced offshore fabrication facility in Saudi Arabia
McDermott International has signed a strategic Memorandum of Understanding (MOU) to build technologically advanced offshore production facilities in Saudi Arabia.…
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Vigor Industrial closing down shipyard in Everett, Washington
Portland, Oregon-based shipbuilder and service provider Vigor Industrial is closing down its shipyard in Everett, Washington, according to local website…
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Pemex and SSA Mexico to explore potential of an oil terminal at Tuxpan
State oil company Pemex and fellow-Mexican firm SSA Mexico, which operates ports, have signed a Memorandum of Understanding (MOU) to…
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Hamburg port finishes key entrance widening process
Hamburg port has completed the redesign of the entrance to its Vorhafen Harbour Basin, allowing larger ships to maneuver more…
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SM Group in pole to buy STX
Samra Midas Group (SM Group), the fast emerging white knight among South Korea’s hard hit maritime industries, is being linked…
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Panama flag faces flak as biosecurity authorities in Fiji ban dirty bulker
The Panama flag is now facing scrutiny as a dirty ship, expelled from New Zealand earlier this week, has also…
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Nanjing Tanker applies to resume listing
Nanjing Tanker, the oil shipping arm of Sinotrans & CSC, has applied with China Securities Regulatory Commission to resume listing…
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Steenslands invoke mandatory offer for Solvang
The Steensland family has moved to buy out major gas shipowner Solvang. Parties linked to the Norwegian family have now…
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DHT selling older VLCCs
Brokers have news of a further sale as the clear-out of older tonnage at DHT Holdings continues apace. The ,…
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Bourbon fixes deal with creditors
French OSV giant Bourbon has managed to reschedule the maturities of EUR910.8m ($962m) of its debts. Payments will now be…
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