Operations
Weekly Broker: Modern bulkers in high demand
October 18th, 20180 The strong performance in the secondhand dry bulk sale and purchase market continues for yet another week, coupled with the positive performance in almost all bulker...
Pilot in hot water over last year’s most watched shipping accident
October 18th, 20180 The UK’s Marine Accident Incident Branch (MAIB) has released its reports into one of the most high profile accidents of 2017. At 1137 on May 4 last year, the UK...
More than 80,000 hit by German box leasing Ponzi scheme
October 18th, 20180 The first creditors' meeting concerning the insolvency of the German shipping container lessor P&R took place in Munich yesterday, in which it emerged the leasor sold...
Diana Shipping kamsarmax charter extended by Glencore
October 18th, 20180 Greek dry bulk owner Diana Shipping has extended the current time charter contract with Glencore for 2013-built kamsarmax bulker . The new contract commenced this week and...
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Olympic Shipping sells 19-year-old PSV
Norwegian OSV operator Olympic Shipping has sold its 1999-built PSV...
October 17th, 2018
Rosco fleet up for sale again
Chinese owner Rewood Ocean Shipping (Rosco) has listed its entire fleet...
October 17th, 2018
Oltmann makes KG return
A decade since it last dabbled in the KG markets, Germany’s Oltmann...
October 17th, 2018
V.Group acquires Norddeutsche Reederei H. Schuldt
Shipmanagement giant V.Group continues its growth by acquisition strategy,...
October 17th, 2018
Drewry launches low sulphur fuel cost impact calculator for shippers
With shippers increasingly concerned about liners’ planned bunker...
October 17th, 2018
ICS study suggests positive future for seafarers despite autonomous shift
The International Chamber of Shipping (ICS) has released a new study...
October 17th, 2018
Gulf Energy Maritime puts its handysize tankers up for sale
Dubai’s Gulf Energy Maritime (GEM) has put three chemical tankers up for...
October 17th, 2018
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