Sector
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Seanergy Maritime seals $30.6m refinancing
Greek capesize owner Seanergy Maritime Holdings has received approval from one of its existing lenders to extend the maturity of…
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Italian shipowners seek Rome’s help in coronavirus fight
Shipowners from Italy, the European nation hardest hit by coronavirus, are in dialogue with the government in Rome, seeking help…
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Divers discover significant damage near the bow of grounded Polaris VLOC
The latest update from the Brazilian navy shows there’s significant damage near the bow of the , a fully laden…
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Is China’s Belt Road Initiative the start of a new Cold War?
Whilst there has been much commentary around the Belt Road Initiative (BRI) and its geopolitical intentions, not much has been…
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Scope 3: Addressing transport’s gaping lack of GHG transparency
Melbourne-based startup Scope 3 is at the forefront of the transport carbon footprint debate, developing solutions to help companies measure,…
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P&O Maritime Logistics appoints new CEO to replace departing Kofod-Olsen
DP World’s P&O Maritime Logistics (POML) has appointed Martin Helweg as its new chief executive officer, replacing Rene Kofod-Olsen. The…
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Weekly Broker: On the rebound
The two dominant nationalities in the world of S&P have clearly decided bargains are there to be had and Splash…
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Samudera Shipping offloads feeder boxship
Singapore-listed Indonesian owner Samudera Shipping Line has announced that it has sold its 2005-built 378 teu containership Sinar Jepara as…
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Roll Group signs deal for Bintan yard
Dutch heavylift specialist Roll Group has signed a contract with Bintan Offshore Marine Center (BOMC) to become an exclusive partner…
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Uzma awarded plug and abandonment contract by Shell
Malaysian oil and gas services provider Uzma has been awarded new contracts by Shell and Petronas. Uzma Engineering has been…
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Equinor and Shell team up on digital
Energy majors Equinor and Shell have signed an MOU on digital collaboration to develop solutions through the exchange of expertise…
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Shipping accused of being worse than Big Tobacco when it comes to human rights and sustainability
Shipping stands accused today of being worse than Big Tobacco when it comes to human rights and sustainability. It is…
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Smoke turns to fire sale as PIL fights to salvage balance sheet
The financial health of SS Teo-led Pacific International Lines (PIL), the world’s tenth largest container carrier, has been the source…
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World’s largest port readies 5.6m teu expansion
The world’s largest port has mapped out a significant expansion to its far flung set of container terminals. Ningbo-Zhoushan port,…
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Chinese owners enter cheap cape market
Chinese owners have decided capes are now as cheap as they’re going to get and are diving into the market.…
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Eastern Pacific orders suezmax pair at Waigaoqiao
Singapore’s Eastern Pacific Shipping has signed a shipbuilding contract with Shanghai Waigaoqiao Shipbuilding for the construction of two 158,000 dwt…
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Maersk Drilling awarded $3.8m contract offshore Egypt
Maersk Drilling has been awarded a one-well contract for 2009-built semi-submersible rig offshore Egypt. The contract is set to commence…
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PaxOcean secures order from Penta-Ocean for offshore wind platform
Kuok Group company PaxOcean has signed a contract with Japanese general contractor Penta-Ocean Construction to construct a self-elevating platform (SEP)…
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Lotte Chemical plant explosion at Daesan Port injures over 30
A major explosion injured at least 31 people at Lotte Chemical’s plant at Daesan Port in South Korea early this morning.…
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Record numbers of blanked sailings lead to severe container equipment imbalance
The container shipping industry is facing up to acute shortages of boxes at ports in Europe and North America, a…
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