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Greater China
Cosco sets up China’s first VLCC pool
Cosco Shipping Energy Transportation (CSET), the energy shipping unit of China Cosco Shipping Corporation, has announced the launch of a…
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Dry Cargo
Weekly Broker: Big ships face big problems
Entering the second quarter of the year, the large size shipping sectors in both bulkers and tankers remain in the…
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Greater China
OOIL and JD Logistics buy into Cosco online logistics platform Eshipping
OOIL, the parent holding company of Hong Kong containerline OOCL, Cosco Shipping Logistics and JD Logistics, the delivery arm of…
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Europe
TechnipFMC secures iEPCI contract from Neptune Energy
Offshore engineering specialist TechnipFMC has been awarded a major integrated engineering, procurement, construction and installation (iEPCI) contract by Neptune Energy…
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Europe
Petrofac awarded offshore decommissioning work by Tullow
Petrofac has been appointed well operator by Tullow Oil for the next phase of its Thames decommissioning project, and secured…
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Europe
CMA CGM integrates MacAndrews into Containerships
France’s CMA CGM Group has announced that is has integrated its multimodal unit MacAndrews into the Containerships brand to strengthen…
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Greater China
China ditches shipbuilding white list
Beijing has given tacit admission that its era of shipyard restructuring is coming to a close, announcing today the ditching…
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Middle East
Dubai Navigation eyes more tanker acquisitions
Dubai Navigation, the Lakhani family’s shipowning unit, is looking to take advantage of current low prices in the sale and…
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Greater China
CSSC initiates restructuring to pave way for CSIC merger
Chinese state-run shipbuilding conglomerate China State Shipbuilding Corporation (CSSC)’s listing platform, CSSC Holdings, has announced plans to initiate restructuring for…
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Europe
Croatia government refuses to endorse Uljanik restructuring plan
Croatia’s government has refused to endorse the proposed restructuring plan of financially troubled shipbuilding group Uljanik. The country’s prime minister…
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Europe
Lloyd’s Register launches first ever airborne noise notation for ships in ports
Lloyd’s Register (LR) has released a new airborne noise emission notation (ABN) and ShipRight procedure to meet increasing demand for…
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Europe
Oceanteam offloads interest in Mexican joint venture
Dutch offshore service provider Oceanteam has entered in agreement with Diavaz, its joint venture partner in Mexico, to terminate the…
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Europe
Prosafe secures contract in Mediterranean Sea
Cyprus-headquartered accommodation vessel operator Prosafe has been awarded a contract to provide a ship to support offshore activities in the…
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Europe
Containerships CEO resigns
Finnish boxship operator Containerships, part of CMA CGM Group, has announced that the company’s chief executive officer Kari-Pekka Laaksonen has…
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Containers
Weekly Broker: Q1 closes without a cape sold
Sub-cape sales are filtering in on S&P sale registers, and yet Q1 is set to fade out without a single…
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Asia
Nisshin Shipping enters gas shipping with LNG carrier order at Samsung
Japanese owner Nisshin Shipping is entering the gas shipping market, having placed an order for the construction of a 174,000…
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Greater China
Eastern Pacific books up to eight product tankers at New Times
Idan Ofer’s Eastern Pacific Shipping has signed a letter of intent with Chinese shipbuilder New Times Shipbuilding for the construction…
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Americas
Petrobras files $249m lawsuit against Samsung Heavy over drillship contract
Brazil’s Petrobras has filed a lawsuit against South Korean shipbuilder Samsung Heavy Industries regarding a dispute over a drillship charter…
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Europe
Maltese armed forces intercept hijacked bunker tanker
Maltese special armed forces have intercepted the bunker tanker , which was hijacked by a group of migrants off Libya,…
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Europe
Bourbon awarded integrated logistics contract by Shell
Bourbon Marine & Logistics has secured its an integrated logistics contract from Shell for the support of its exploration campaign…
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