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Europe
Olympic Ship buys more time with second standstill extension
Oslo-listed Olympic Ship has again extended its standstill agreement with secured lenders, this time through to October 14. Olympic will…
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Europe
Dolphin Drilling semi-submersible contract terminated by Total
Norway’s Fred. Olsen Energy has announced that Total E&P UK has terminated the contract for Dolphin Drilling semi-submersible rig .…
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Americas
BP slams Deepwater Horizon movie
Despite winning the praise of movie critics, the new blockbuster movie Deepwater Horizon starring Mark Wahlberg has not received the best…
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Asia
SapuraKencana wins new contracts worth $215m
Malaysia’s SapuraKencana has won several new contracts across India, Brunei and Malaysia worth a total of $215m. In India, the…
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Asia
Korea Line get charter for MR tankers, orders bulker pair
Korea Line said today that it has signed a seven-year charter contract with an owner in Asia for two MR…
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Asia
Esben Poulsson quits FSL Trust board over disagreement
Singapore shipping trust First Ship Lease has announced the resignation of Esben Poulsson from its board. Poulsson, who is chairman…
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Asia
BW Dry Cargo takes another Japanese kamsarmax
Fast developing BW Dry Cargo has snapped up another Japanese kamsarmax. The Singapore firm, founded in April this year, has…
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Asia
NYK seals deal to take 25% stake in Emas Chiyoda Subsea
Singapore’s Ezra Holdings has announced the completion of the deal for Japanese shipping line Nippon Yusen Kabushiki Kaisha (NYK) to…
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Europe
Seanergy confirms acquisition of capesize pair
Greece’s Seanergy Maritime Holdings has confirmed the purchase of two secondhand 180,000dwt capesizes for a price of $20.75m each. Earlier…
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Europe
Glander International Bunkering takes over Scandinavian Bunkering
Dubai headquartered Glander International Bunkering has announced the takeover of Norway’s Scandinavian Bunkering, which will now be rebranded to Glander…
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Europe
Eidesvik Offshore offloads PSV
Norway’s Eidesvik Offshore has announced the sale of 2004-built platform supply vessel . The buyer of the vessel was not…
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Asia
Investor action could spell the end for Rickmers Maritime
Rickmers Trust Management, the Singapore-listed trustee-manager of Rickmers Maritime, has announced that it has been served with a “notice of…
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Asia
APL Logistics blames K Line bankruptcy rumours on a ‘small number’ of employees
Japanese-owned APL Logistics Group has issued a statement via president Beat Simon in response to accusations by Kawasaki Kisen Kaisha (K Line)…
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Europe
Blohm+Voss acquired by Luerssen Group
German shipyard Blohm+Voss is being sold by UK-based Star Capital Partners, with family-owned Bremen shipyard group Luerssen the buyer. Luerssen…
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Europe
JB Rae-Smith appointed CEO of Swire Oilfield Services
Swire Group has appointed JB Rae-Smith as CEO of its specialist offshore cargo carrying firm Swire Oilfield Services. Rae-Smith, who…
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Americas
Teekay seals Yamal charter for newbuild
Teekay LNG Partners, the publicly-traded Teekay Corporation MLP, has entered into a 15-year time-charter contract with the Yamal LNG project…
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Europe
Farstad Shipping wins subsea work from Total
Norway’s Farstad Shipping has been awarded an 18 month contract by Total E&P Congo, via Petro Services, for 2015-built construction…
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Greater China
Taylor Maritime plans rapid doubling of handy fleet
Hong Kong handy specialist Taylor Maritime has revealed plans for the rapid expansion of its fleet. Founded in 2014, Taylor…
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Asia
Worst is over in the long tunnel of dry bulk despair
There’s some glimmer of hope in the dry bulk trades for the first time in a very long time, according…
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Asia
Weak tanker spot market leading to greater pooling of tonnage
The tanker spot market was described as brutal and something that is leading directly to greater pooling of tonnage as…
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