Editor’s Picks
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Operations
Hoegh Transporter allowed to leave Mombasa
The Norwegian car carrier at the centre of an arms and drugs smuggling investigation has been allowed to leave Kenya.…
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Asia
Singapore deputy PM outlines recruitment packages at record-breaking SSA dinner
Teo Chee Hean, Singapore’s deputy prime minister, received a rousing round of applause last night when announcing a further raft…
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Dry Cargo
Caravel Group: Second anniversary approaches
Hong Kong: This November will mark the second anniversary of the Caravel Group, the trading and maritime conglomerate set up…
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Europe
Allseas scammed for €100m
A trial in London has heard how a City trader scammed Dutch shipping firm for EUR100m ($111.3m). Luis Nobre, 49,…
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Finance and Insurance
Waigaoqiao Shipbuilding signs $2.82bn financing deal with China Exim Bank
CSSC-affiliated Waigaoqiao Shipbuilding has signed a strategic agreement with China Exim Bank where the bank will provide various financing services…
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Americas
Panama Canal Authority insists expansion to be completed on time
Mystery continues to surround the likelihood of the Panama Canal expansion programme meeting its April 2016 deadline after the Panama…
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Europe
Investment in seafarers will drive economic growth says Greek shipping minister
Strengthening the expertise of seafarers and the Greek shipping industry as a whole will aid economic growth in Greece, Theodoros…
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Asia
Shipping on alert as rumours swirl around Daiichi Chuo
Following hot on the heels of last week’s demise of Global Maritime Investments (GMI), shipping is braced for a potential…
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Greater China
Anglo-Eastern Univan: ‘We don’t want to be a jack-of-all-trades’
Six weeks on from shipmanagment’s mega deal, Peter Cremers, the architect of the merger between Anglo-Eastern and Univan, is a…
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Dry Cargo
Torm sells its last two bulk carriers
Torm is no longer an owner of bulk carriers, after agreeing to sell two of its panamax bulkers to Greece’s…
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Europe
Flex LNG, Geveran and Exmar cancel merger
Flex LNG, Exmar and Fredriksen-led Geveran have cancelled their planned merger, which would have created one of the largest independent floating…
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Operations
UN official connected with Mombasa drugs ship found dead – UPDATED
A UN official who was investigating the Höegh Transporter, the vessel on which drugs and weapons were found during a…
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Greater China
Wallem Group: ‘Seafarers are still the challenge’
Hong Kong: For all the talk of fast growth among the world’s top shipmanagers, the Achilles’ Heel still lies in…
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Americas
Aker Philadelphia sells stake in Jones Act tanker JV
Marathon Petroleum Corp (MPC) is to buy Aker Philadelphia Shipyard’s stake in its Jones Act tanker joint venture (JV) with…
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Dry Cargo
Norden to exit larger bulker trades
Denmark’s Norden is looking to offload its larger bulker carriers and focus on handies and panamaxes. In an interview with…
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Dry Cargo
China will follow Korea and Japan hauling its own cargoes: Graham Porter
Shipping must prepare for a return to the 1970s and 1980s in terms of mentality, argued one of North America’s…
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Maritime CEO
Synergy Offshore: ‘$50 oil has absolutely decimated the industry’
Dubai: Fazel Fazelbhoy is in a much more relaxed state of mind these days, now that he is no longer…
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Contributions
Three shipping champions emerge in Italy
Nicola Capuzzo was among 3,000 guests at last Friday’s Shipbrokers and Shipagents Dinner held in Genoa. The Italian shipping industry…
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Greater China
Yiyang Zhonghai Shipyard listed for sale
Yiyang Rubber Plastics Machinery Group has listed 100% equity of Hunan-based Yiyang Zhonghai Shipyard for sale on the Beijing Equity…
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Asia
Urea carrier catches fire in Indonesia
An ancient Indonesian bulk carrier caught fire yesterday morning, the latest accident involving fertilizer. The 1976-built, 11,196 dwt urea carrier…
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