Sector

Bunker spill at Port of Tauranga

April 27th, 20151 Auckland: Authorities are battling rain and high winds as they work to contain a bunker fuel spill in Tauranga Harbour. The spill occurred this morning when an oil...

STX Dalian assets to be auctioned in May

April 27th, 20150 Dalian: Dalian Intermediate People’s Court has announced that it will auction the assets of shipbuilding group STX Dalian and its six subsidiaries on May 12, following...

Berlian Laju agrees to offload 27 ships

April 25th, 20150 Jakarta: Indonesia’s struggling Berlian Laju Tanker has agreed to transfer 27 of its 39-strong fleet to a new entity controlled by private equity creditors, KKR and...

HMM cancels newcastlemax pair

April 25th, 20150 Seoul: Amid the protracted dry bulk downturn South Korea’s Hyundai Merchant Marine has decided to cancel an order for two newcastlemaxes at China’s Bohai...
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