Sector
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Sovcomflot sells aframax tanker
Russian state-run shipping major Sovcomflot has sold its 2002-built aframax tanker to UAE-based Khor Al Zubair Shipping. Both Clarksons and…
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Robberies on the rise in the Philippines
With more ships calling the Philippines this year to carry out crew changes there has been a concurrent rise in…
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Huangpu Wenchong awarded gas hydrates drillship order
CSSC-affiliated Huangpu Wenchong Shipbuilding has won a tender to build China’s first gas hydrates drillship. The ship order is part…
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Gulf Navigation shuffles management
UAE-based Gulf Navigation has had a management shuffle. Sheikh Theyab bin Tahnoon bin Mohammad Al Nahyan has been appointed chairman…
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Erik Thun appoints new chairman
Low-key Swedish shipowner Erik Thun has appointed prominent executive Margareta Alestig as its new chairman. Alestig is the deputy managing…
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Blazing fully laden VLCC towed away from Sri Lankan coastline
Naval ships and airplanes from India, Sri Lanka and Russia continue to douse the blaze on the fully laden VLCC…
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Litany of safety issues emerge as search for livestock carrier crew continues
A litany of past safety issues are emerging from archives relating to the sunken . The converted boxship, owned by…
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VLEC due for delivery next month suffers water ingress
A very large ethane carrier (VLEC) newbuilding under construction at South Korean yard Hyundai Heavy Industries (HHI) has been damaged…
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More ammonium nitrate found at Beirut port
The Lebanese army found another 4.35 tonnes of explosive ammonium nitrate yesterday near the entrance to Beirut port, one month…
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Eastern Pacific wins race to charter LNG-powered newcastlemaxes to BHP
Idan Ofer’s Singapore-headquartered Eastern Pacific Shipping (EPS) has been chosen to fulfil mining giant BHP’s requirement for LNG dual-fuel bulk…
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DP World and Canadian fund commit additional $4.5bn to port investment platform
Dubai-based port operator DP World and its Canadian partner Caisse de dépôt et placement du Québec (CDPQ), an institutional investor,…
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US blacklists another 11 companies for facilitating Iranian petrochemical shipments
The US government has added another 11 companies to its sanctions blacklist for allegedly facilitating Iranian exports of petrochemical products…
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Densay Shipping orders up to three ultramaxes at China Merchants Jinling
Turkish shipowner Densay Shipping has returned to China Merchants Jinling shipyard for the construction of up to three 63,500 dwt…
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Subsea 7 awarded contract extensions by Petrobras
Norwegian OSV operator Subsea 7 has entered into an agreement with Petrobras to extend the current long term day-rate contracts…
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How the coronavirus pandemic has given shipping clarity
Matthieu de Tugny from Bureau Veritas writes for Splash today on shipping’s path ahead post-Covid-19. Shipping is operating within a…
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Orion supramax selling spree
Credit Agricole has pushed through the sale of a couple supramaxes from the Orion Bulkers fleet. This week broker sources…
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NYK to develop ammonia-powered tugboat
Japanese outfits NYK, IHI Power Systems and ClassNK have signed an agreement for the joint research and development on the world’s first ammonia-fueled…
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Zhongchang Marine loses creditor court case
Chinese dry bulk operator Zhongchang Marine has lost a court case regarding a debt dispute with its creditor Shanghai AJ…
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Prosafe and Shell revise North Sea campaign
Prosafe and Shell U.K. have agreed to defer and amend the contract for to provide accommodation services at the Shearwater…
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Rescued crewmember says livestock ship lost power in typhoon and capsized
One crewmember on the 2002-built livestock carrier has been rescued by the Japan Coast Guard. Sareno Edvarodo, a 45-year-old chief…
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