Region
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Thorco vessel hit by fire off Canada
The Canadian Coast Guard (CCG) was monitoring a disabled cargo ship off of southwestern Newfoundland on Tuesday after being called…
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AKR Sea Transport orders tanker pair at PaxOcean
Indonesian shipping company PT AKR Sea Transport has placed an order for two 5,000dwt product and chemical tankers at PaxOcean.…
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Zhejiang Shipping gets cash injection
State-run Zhejiang Shipping has announced that its parent Zhejiang Communications Investment Group has replenished RMB2bn into the company, increasing its…
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Sharaf and Ben Line form new global port agency
Consolidation seen across so many maritime sectors in the last couple of years has reached the port agency business. Sharaf…
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Shandong Shipping sticks to its MR plan
Broker sources tell Splash that the emerging Chinese tanker player Shandong Shipping has snapped up the 48,700 dwt Japanese-built from…
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Consortium formed for Pakistan LNG project
Höegh LNG, Qatar Petroleum, Total, Mitsubishi, and ExxonMobil have together announced their commitment to develop a liquefied natural gas import…
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Samudera Shipping offloads containership
Indonesia’s Samudera Shipping Line has sold 11-year old 4,632 dwt containership for $2.5m to Samudera Bharat Feeder, a company it…
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Diamond Offshore rig put on standby rate by BP
NYSE-listed Diamond Offshore Drilling says its semi-submersible rig has been put on a reduced standby rate for its rig by…
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Inquiry gets underway into Indian tanker collision
A senior port official in India has laid the finger of blame on the VLGC for the collision which took…
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BW Offshore acquires Namibia offshore assets
BW Offshore has announced that its subsidiary BW Kudu has entered into a farm-out agreement for a 56% stake of…
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Ezra Holdings told by Forland to pay up or be wound up
Singapore’s Ezra Holdings was served yesterday with a statutory demand from Forland Subsea over NOK25.5m ($3.09m) owed to the Norwegian…
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HMM readies orders
Hyundai Merchant Marine (HMM) is likely to remain in the red through until the second half of next year, its…
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Argentina’s Ultrapetrol seeks Chapter 11 protection
With creditors dismissing its restructuring plans listed Ultrapetrol has become the latest victim of the shipping downturn, seeking Chapter 11…
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Yang Ming to return charters as new mega ships join the fleet
Yang Ming Marine Transport, one of Taiwan’s major shipping lines, said it is going to return a series of chartered…
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Call for new round of Japanese yard mergers
At the turn of the century as Japanese yards handed the baton to their Korean neighbours, local shipbuilders in the…
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Turkish consortium add to Hyundai Heavy’s FSRU tally
2017 is proving a whole lot better for the world’s largest shipbuilder after 2016, the worst year in a generation.…
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Fick fires back in Seattle port row
Ted Fick has fired back in a war of words with his ex-employers, the Port of Seattle. Fick resigned last…
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Everest scales new heights with VLOC deal
Singapore-based Everest Shipping has been the most aggressive name at the larger end of the dry bulk business in the…
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Investigators look into safety practices on day one of third El Faro hearing
The third and final round of US Coast Guard (USCG) Marine Board of Investigation (MBI) hearings into the El Faro…
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Essar Shipping in talks for four panamaxes
India’s Essar Shipping is in negotiations for the acquisition of four secondhand panamax vessels in order to meet the growing…
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