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Europe
John Fredriksen stands $1.2bn firm behind Seadrill
John Fredriksen is said to be willing to lend offshore drilling contractor Seadrill up to $1.2bn as part of a…
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Asia
Pan-United sells off shipping business
Singapore’s Pan-United Corporation, Singapore’s largest supplier of ready mixed concrete and cement, has entered into a sale and purchase agreement…
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Asia
Euronav orders suezmax pair at HHI after sealing Valero Energy charter
Belgium-headquartered Euronav has ordered a pair of ice class suezmax tankers at Korea’s Hyundai Heavy Industries. The order has been…
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Asia
Perdana Petroleum wins Petronas floating accomodation contract
Malaysia’s Perdana Petroleum has announced that subsidiary, Perdana Nautika, has won a three-year contract from Petronas for the provision of…
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Asia
Keppel wins order for pair of dual-fuel diesel LNG tugs
Singapore shipbuilder Keppel Offshore & Marine has won contracts, via Keppel Singmarine, to build two dual-fuel diesel LNG tugs. The…
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Asia
North Atlantic Drilling and Sembcorp Marine further extend semi-sub standstill agreement
Seadrill’s North Atlantic Drilling and Sembcorp Marine’s Jurong Shipyard have once again extended a standstill agreement to defer delivery of…
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Asia
Hanjin Shipping vessel involved in collision off Singapore
Hanjin Shipping containership has dragged anchor off Singapore colliding with MSC containership MSC Claudia, The New Paper reports. The incident…
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Asia
Hanjin Shipping could have survived with creditor support: Cho
Hanjin Group chairman Cho Yang-Ho said today that Hanjin Shipping could have survived had creditors provided the company with aid,…
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Americas
Tote ignores warnings on Hurricane Matthew, one year on from El Faro sinking
Tote Maritime says they plan to continue their regular liner schedule despite Hurricane Matthew wreaking havoc in the Caribbean, reports…
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Asia
Perisai Petroleum continues negotiations after default on bonds
Kuala Lumpur-listed offshore firm Perisai Petroleum Teknologi has failed with a proposal asking its Singapore bondholders to delay the maturity…
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Asia
Swissco seeks refinancing of notes
Singapore offshore firm Swissco Holdings has announced the appointment of Ernst & Young Solutions as an independent financial advisor to assist in…
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Europe
Hajioannou takes on Safe Bulkers newbuilds
Greek drybulk specialist Safe Bulkers has done a deal with entities owned by chairman and CEO Polys Hajioannou to novate…
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Environment
Australian port emissions portal wins support from Google
The Australian Marine Environment Protection Association (AUSMEPA) has won support for its new Port Emissions Portal from an unlikely source.…
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Offshore
Transocean wins semi-sub contract, suffers termination of drillship contract
Offshore driller Transocean has announced a new contract for semi-submersible rig Transocean Barents only to reveal the early termination of drillship Discoverer…
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Europe
Oslo Børs launches trading of shipping index
Oslo Børs has launched SHIPPING DNM, an exchange traded product that tracks the Oslo Børs Shipping Index (OBSHX), which is…
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Asia
Keppel admits ‘suspicious’ payments made in Petrobras scandal
Singapore’s Keppel Corporation has admitted internal investigations have shown certain transactions associated with Zwi Skornicki from Eagle do Brasil, an…
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Europe
Navig8 Chemical Tankers cancels five newbuilds at STX
Navig8 Chemical Tankers has revealed the cancellation of its contracts to build five 49,000 dwt MR tankers at Korea’s STX…
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Greater China
Jinhui Shipping continues bulker sell-off
Chinese bulker owner Jinhui Shipping and Transportation has announced the sale of 75,583 dwt panamax bulker for $10.6m. The 2009-built…
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Europe
Diana Shipping newcastlemax pair delayed
Greek dry bulk specialist Diana Shipping has said that it has agreed some amendments to shipbuilding contracts which delays the…
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Europe
DFDS enhances fleet with twin order at Jinling Shipyard
Danish outfit DFDS is enhancing its fleet with the addition of two newbuild ro-ro freight ships ordered at China’s Jinling…
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