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Asia
Precious eyes ultramax acquisitions and supramax sales
Thailand’s Precious Shipping reportedly plans to sell its nine supramax bulk carriers and replace them with secondhand ultramaxes, having already…
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Asia
Oldendorff takes another capesize on timecharter, spot market stronger
Oldendorff has booked a capesize owned by Greece’s Phoenix Energy Navigation on a 12-month period charter while spot rates continue…
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Asia
Ezra shareholders approve FPSO sale
Shareholders in Singapore’s Ezra Holdings have voted overwhelmingly in support of selling the majority of the company’s interest in PV…
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Europe
Peter Döhle and Sirius cooperate on crew training in Manila
Peter Döhle Schiffahrts and Sirius Ship Management have agreed to cooperate on the recruitment, training and career development of seafarers…
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Europe
Shell charters three of Viking Supply’s anchor handlers
Shell Trading & Shipping has chartered three anchor handling tug support (AHTS) vessels for a combined £840,000 from Viking Supply…
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Europe
Court approves Prisco liquidation
A bankruptcy court in New York has approved Primorsk International Shipping’s (Prisco) liquidation plan, reports say. Prisco filed a voluntary…
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Americas
Aegean Marine renews $1.25bn in financing
Aegean Marine Petroleum Network has renewed $1.25bn in financing from its lenders, which will be used for working capital. The…
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Europe
RBS’s shipping business will be wound down, not sold
The Royal Bank of Scotland (RBS) has abandoned efforts to sell its $5bn shipping loan portfolio and has begun winding…
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Europe
BW LPG prepares takeover offer for Aurora
BW LPG has upped its stake in Aurora LPG again and is to launch a voluntary tender offer to buy…
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Europe
CMES capesize fixed on timecharter, more optimism in spot market
China Merchants Energy Shipping has reportedly fixed one of its capesize bulk carriers on a five- to eight-month timecharter while…
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Europe
Farstad closes its Melbourne office, halves Australian workforce
Farstad Shipping is to close its management office in Melbourne and run its Australian operations from its office in Perth.…
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Europe
Navios Acquisition lends $70m to Navios Maritime
Navios Maritime Acquisition has provided a $70m secured loan to its sister company Navios Maritime Holdings, which will be used…
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Asia
Angelicoussis cape fixed on timecharter as spot rates climb
Angelicoussis-led Anangel Maritime has fixed one of its capesize bulk carriers on a four- to eight-month timecharter while rates in…
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Europe
Thorco and United Heavy Lift launch new joint venture
Thorco and United Heavy Lift are to combine their fleets to form Thorco Projects, a new company that aims to…
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Asia
Precious sells another bulk carrier
Precious Shipping has sold another bulk carrier to an unnamed buyer at a price of $2.35m as part of its…
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Europe
Olympic Ship extends standstill agreement
Olympic Ship has extended its standstill agreement with its secured lenders by a further two weeks. The Oslo-listed operator of…
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Europe
Chang Myung sells another capesize, ER Schiffahrt sales rumoured too
The week has closed with another capesize being sold, and negotiations for three more sales are ongoing, brokers tell Splash.…
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Europe
Maersk Supply Service lands 10-vessel project in the North Sea
Maersk Supply Service has won a subsea decommissioning contract from Maersk Oil UK in which 10 of its vessels will…
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Europe
Aker Solutions wins contract to increase gas processing on Statoil platform
Statoil has exercised its contractual option for engineering, procurement, construction and installation (EPCI) of a gas module that will increase…
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Middle East
Two tankers halted from leaving Yemen
Two tankers owned by Singapore’s Ocean Tankers have been halted from leaving a rebel-held port in Yemen due to a…
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