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Asia
BW makes surprise bulk play with Bonfils appointment
Christian Bonfils will join BW Group from April 1 as the new head of BW Dry Cargo, which is looking to…
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Europe
Island Offshore bondholders approve restructuring
Island Offshore’s bondholders have approved the Oslo-listed company’s restructuring plans. Some 96.34% of the voting bonds represented at a meeting…
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Dry Cargo
Golden Ocean raises a feeble $7.8m as new equity offering falls flat
The results of Golden Ocean’s offering of new equity on the Oslo Børs are in: the firm raised just $7.8m…
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Americas
Tidewater draws down $600m
NYSE-listed Tidewater has drawn down the maximum $600m from its revolving credit facility, which it says will be used “to…
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Europe
Maersk Broker buys 75% stake in Lanic
Maersk Broker has bought a majority stake in Danish shipbroking shop Lanic from the company’s current owner and managing director…
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Asia
Brave Maritime fixes two capes, Winning Shipping buys two
Today brought a glimmer of interest to the otherwise dull capesize bulk carrier market: Brave Maritime has fixed two capes…
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Europe
Harkand to supply Maersk Oil with subsea services in the North Sea
Maersk Oil North Sea UK has awarded Harkand with a “multi-million-pound” contract to provide subsea support services for the operator,…
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Europe
Songa Offshore mulls $150m comprehensive refinancing
Norway’s Songa Offshore is to issue a $100m subordinated convertible bond, with an option to increase its value to $125m,…
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Europe
Two-week strike begins at Scotland’s largest container port
A two-week strike commenced earlier today at Scotland’s largest container port, the Port of Grangemouth, over the imposition of shift…
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Asia
Chambal sells the first of its aframaxes at a book loss
India’s Chambal Fertilisers & Chemicals has sold its first aframax tanker at a book loss of around $17.4m, after announcing…
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Middle East
OneSubsea to provide production systems for BP’s Nile Delta fields
BP Exploration (Delta) and its partner DEA Deutsche Erdoel have awarded OneSubsea with a contract to supply subsea production systems…
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Americas
Helios LPG Pool to operate eight VLGCs for Oriental Energy
The Helios LPG Pool has signed an agreement to operate eight VLGCs for Oriental Energy, one of China’s largest operators…
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Asia
Bumi Armada starts legal proceedings against Woodside for FPSO cancellation
Bumi Armada’s subsidiary Armada Balnaves has commenced legal proceedings against Woodside Energy Julimar after the offshore oilfield operator cancelled its…
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Europe
Concordia fixes another P-MAX product tanker on timecharter
Sweden’s Concordia Maritime has fixed another P-MAX product tanker on a three-year timecharter to an unnamed “national oil company”, commencing…
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Greater China
One dead, one injured as helicopter crashes while assisting grounded ship
A man is dead and another critically injured after their helicopter crashed into the sea while assisting a TS Lines…
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Dry Cargo
Scorpio Services Holding buys more of Scorpio Bulkers
Scorpio Services Holding, controlled by Annalisa Lolli-Ghetti, has increased its stake in NYSE-listed Scorpio Bulkers to 10.01% by acquiring another…
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Asia
Petrofac appointed duty holder for Anasuria cluster in the North Sea
Petrofac has been appointed duty holder of the Anasuria cluster in the North Sea for a five-year period. The contract…
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Europe
Jobs lost at Harland and Wolff shipyard in Belfast
Sixty jobs will be lost from Harland and Wolff Heavy Industries’ east Belfast shipyard in Northern Ireland due to a…
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Asia
MISC and AET will merge chemical and product tanker fleets
Malaysia’s MISC is to merge its chemical tanker fleet with its subsidiary American Eagle Tankers’ (AET) product tanker fleet. MISC…
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Asia
Navios supramax fixed on period charter as market readjusts
Navios Maritime Holdings has fixed its supramax bulk carrier on a 12-month period charter to Singapore’s Centurion Bulk. The ship…
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