Offshore
APM Terminals sells interest in Izmir terminal to SOCAR
October 17th, 20180 APM Terminals have reached an agreement to divest its container terminal in Izmir, Turkey to its current partner SOCAR. In the new structure, operating company Petlim will...
Olympic Shipping sells 19-year-old PSV
October 17th, 20180 Norwegian OSV operator Olympic Shipping has sold its 1999-built PSV . The vessel has been delivered to the new owner on October 16. Following the sales, the company’s...
Rosco fleet up for sale again
October 17th, 20180 Chinese owner Rewood Ocean Shipping (Rosco) has listed its entire fleet for sale again, having failed to conclude a deal to sell the vessels in May. John Michael Radziwill...
Oltmann makes KG return
October 17th, 20180 A decade since it last dabbled in the KG markets, Germany’s Oltmann Group has launched a new investment scheme to invest in a new MPP ship for Leer-based Briese...
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Formosa Plastics pushes ahead with fleet clearout
Taiwanese conglomerate Formosa Plastics is having a fleet clearout with a...
October 17th, 2018
Seafarer dies after falling from CSL bulker
A Canadian crewmember from handysize bulk carrier died after he fell off...
October 17th, 2018
Seaboard and BBC Chartering seek joint Americas coverage
American carrier Seaboard Marine and German heavylift giant BBC Chartering...
October 17th, 2018
Ulstein gets in on the Jones Act with Aeolus Energy SOV deal
Florida based renewable energy specialist Aeolus Energy has awarded a...
October 17th, 2018
Gulf Marine Services secures liftboat contract
UAE-based offshore platform operator Gulf Marine Services (GMS) has...
October 17th, 2018
Stena Bulk to equip scrubbers on up to 21 ships
Swedish owner Stena Bulk has signed an agreement with Chinese company...
October 16th, 2018
ONE set for singularly awful first year with $600m loss
Carrier consolidation can prove tricky as evidenced today with news of a...
October 16th, 2018
Minsheng Financial Leasing snaps up five PIL boxships
Chinese financial leasing house Minsheng Financial Leasing has acquired...
October 16th, 2018
HMM denies move to take over SM Line’s transpacific business
South Korea’s flag carrier HMM has denied rumours carried in the local...
October 16th, 2018
Scorpio goes all-in with scrubbers
Emanuele Lauro’s Scorpio Group has entered into letters of intent with...
October 16th, 2018
EuroDry eyes fleet expansion after $30m refinancing
Greek dry bulk owner EuroDry, recently spun out from Euroseas, says it has...
October 16th, 2018
Wärtsilä: Why digitalisation should not be seen as an additional cost
Shipowners are misinterpreting digitalisation as an additional cost,...
October 16th, 2018
Intel chips in on Rolls-Royce’s autonomous shipping drive
Rolls-Royce and Intel are teaming up to develop autonomous ships. The new...
October 16th, 2018
Saipem awarded new contracts worth $400m
Italy’s Saipem has signed new contracts in Azerbaijan, the North Sea and...
October 16th, 2018
Rem Offshore CSV wins long-term contract
Åge Remøy’s Rem Offshore has been awarded a long-term contract for CSV...
October 16th, 2018
The container conundrum
Santosh Patil tries to fathom how carriers managed to get into such an...
October 16th, 2018