Sector
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Mermaid Maritime awarded $7.4m worth of new contracts
Thailand’s Mermaid Maritime has been awarded subsea contracts in both the Middle East and South East Asia worth a total…
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CMB becomes shipping’s hydrogen leader
Compagnie Maritime Belge (CMB) has well and truly nailed its colours to the mast of hydrogen shipping with a slew…
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Maritime security firms pull UK guards from ships bound for the Gulf
The Financial Times is reporting that maritime security firms are pulling British guards off transits through the Gulf over fears…
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Families seek answers on finding Stellar Daisy’s VDR has been damaged beyond repair
The families of the crew who last their lives on the converted ore carrier Stella Daisy two-and-a-half years ago have…
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Yangzijiang shares nosedive prompting SGX to intervene
Rumours surrounding Yangzijiang Shipbuilding saw its share price go through the floor yesterday. 24 hours after calling for a halt…
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Rotterdam promotes pronto port calls with shared platform
The Port of Rotterdam is pushing other ports, agents and lines around the world to share data to improve efficiencies…
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CSSC Shipping seals sale and leaseback deal for two boxships
Hong Kong-listed CSSC Shipping, the leasing arm of China State Shipbuilding Corporation (CSSC), has announced that the company has entered…
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DOF Subsea CSV finds decommissioning work
Norway’s DOF Subsea has been awarded a contract award for the decommission of subsea infrastructure on the UK Continental Shelf.…
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Huadian Heavy Industries secures $235m wind farm contract
Chinese EPC contractor Huadian Heavy Industries has been awarded contracts by Binhai Smart Wind Power Company for offshore works at…
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CEO Chronicles 9 : Without a vision, you are blind
“The only thing worse than being blind is having sight but no vision” – Helen Keller We now know that…
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Pallas makes tanker move
Swedens Pallas Group has added its first crude tanker. Sales registers show Splash that Smart Energy, a subsidiary of the…
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Liners rally to impose fines on misdeclared cargoes
Other container lines are taking action similar to Hapag-Lloyd’s decision to impose fines on shippers who have failed to declare…
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US warns merchant shipping of Iranian GPS spoofing threat
The US Department of Transportation’s Maritime Administration issued a warning yesterday suggesting Iran is engaged in interfering with ships’ GPS…
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VLCCs ‘close to a perfect storm’: Fearnleys
Norwegian broker Fearnleys has described the VLCC chartering market as being “close to a perfect storm” in the past week.…
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Peak season transpacific rates 25% off last year’s numbers
Transpacific box rates to the US West Coast are 25% below where they were this time last year, according to…
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UNCTAD data illustrates China’s maritime dominance
China’s dominance on the world maritime map has been illustrated once again with the release yesterday of new port data…
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Cape concern over Beijing’s edict to use scrap steel as feedstock
Capesize owners will be concerned with the latest edict from Beijing regarding China’s huge steelmaking sector. China is looking to…
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Weekly Broker: First week of August consigns summer lull theory to history
The first week of August has proven once and for all that the old adage of the summer slowdown can…
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Simatech snaps up Borealis boxship
Christoph Toepfer-led Borealis Finance has completed its second containership sale this week, letting go of the 2006-built 2,824 teu .…
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James Fisher acquires Brazilian subsea firm
James Fisher and Sons has acquired a 60% stake in Continental Participação E Administração, the holding company of Brazilian subsea…
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