Region
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Tankers slow to comply with new Panama Canal requirements
The full benefits of the new expanded Panama Canal will not be available to all very large oil tankers as…
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Maersk Supply sells two anchor handlers to Karadeniz
Maersk Supply has sold two of its anchor handling tug supply (AHTS) vessels to Karadeniz of Turkey. The sale price…
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World’s largest oil tanker booked on period charter
One of the world’s largest crude tankers by tonnage has been reported booked on period charter, according to brokers’ reports.…
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Sembcorp Marine buys out PPL Shipyard
Singapore’s Sembcorp Marine has signed a sale and purchase agreement to buy the remaining 15% stake it does not already…
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TEN’s latest tanker starts timecharter
A brand-new product tanker has been delivered to Tsakos Energy Navigation (TEN) from South Korea’s Sungdong shipyard and will immediately…
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MISC enters Thailand market with Chevron FSO deal
Malaysia’s MISC, via subsidiary MISC Offshore Floating Terminals, has signed a contract for the lease and operations of an FSO…
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Two lanes of Panama Canal locks shutting down this week for repairs
Two lanes of the Panama Canal locks are being shut this week for scheduled repairs which will last through to…
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Korea Line in for product tanker resales
Korea Line Corp is being tipped as the buyer of two 50,000 dwt product carriers being built at Korean controlled…
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Wilhelmsen targets offshore with Norwegian private equity tie-up
Some of the biggest names in Norwegian industry are battling it out for bargains in the nation’s distressed offshore sector.…
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Giant CMA CGM boxship suffers grounding off Southampton
One of the world’s largest boxships is being inspected for any damages following a brief grounding incident in the UK…
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Vafias pockets $7m from quick dry bulk asset play
Nicholas Vafias has completed a stealthy dry bulk asset play. The Vafias family controlled company had made a couple of…
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Iino Kaiun offloads panamax bulker for $9.4m
The Japanese have been the most active owners this year in terms of selling off dry bulk tonnage amid the…
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Vietnamese owner scores $2.2m profit from quick bulker turnaround
The Vietnamese are getting more adept at shipping asset plays. Tan Binh Shipping, which took the 10-year-old, 33,000 dwt Angel…
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MC Seamax pays $80m for two-year-old 9,000 teu ship
Tonnage provider MC Seamax has snapped up a UASC boxship with a decent charter to boot. The American firm is…
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ONEX takes Great White aframax for $13m
A 1999-built aframax belonging to Prime Marine has finally been sold after months in the shop window. The coated 104,000…
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HPH set to open second Pakistan terminal in October
Hutchison Port Holdings will open a terminal in Karachi before the end of the year, Reuters is reporting, allowing mega…
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China Shipping Haisheng quits shipping business
China Shipping Haisheng has announced plans to sell full equity of its subsidiary Hainan Haisheng Shipping to Cosco Shipping Bulk…
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BW secures FSRU contract from Pakistan GasPort
BW Group has announced that it has signed a 15-year agreement with Pakistan GasPort Limited (PGPL) to provide LNG regasification…
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India set to change ports policy
New Delhi is set to make some of the largest changes to its ports set-up in a generation. The shipping…
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Maran gas carrier first to deliver US LNG cargo to a port in China
, the first liquefied natural gas (LNG) tanker to transit the expanded Panama Canal last month, has become the first…
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