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Europe
MSC awards major scrubber deal to Chinese shipyards
Box shipping giant Mediterranean Shipping Company (MSC) has signed a framework agreement with French bank BNP Paribas and China Export…
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Greater China
Shanghai Bestway share sale falls through
Chinese shipyard operator Shanghai Bestway Marine & Energy Technology has announced that controlling shareholder Liu Nan has terminated an agreement…
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Asia
Leaking K Line car carrier under tow
The Swedish Coast Guard has started to tow the K Line car carrier , after the ship ran hard aground…
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Americas
Vale opts for scrubbers on VLOC newbuilds
Brazilian miner Vale has decided to install scrubbers on 48 VLOC newbuildings under construction across a number of shipyards in…
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Americas
Rowan awarded six jackup contracts by Saudi Aramco
Rowan Companies has announced that its JV with Saudi Aramco, ARO Drilling, was awarded six three-year contracts by Saudi Aramco…
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Greater China
Agritrade Resources sells VLCC
Hong Kong’s Agritrade Resources has announced that it has entered into an agreement with Singapore’s Da Shun Shipping to sell…
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Greater China
Xin Yi Hai Shipping orders product tanker at Ningbo Xinle
Zhejiang Xin Yi Hai Shipping has signed a shipbuilding contract with Ningbo Xinle Shipbuilding for the construction of a 5,500…
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Greater China
Nanjing Shenghang Shipping planning IPO
Chinese chemical tanker operator Nanjing Shenghang Shipping has announced that it is looking to apply for an IPO and so…
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Greater China
CSIC Offshore Wind Power orders wind installation platform at DSIC
CSIC Offshore Wind Power Engineering & Technology, the offshore engineering unit of state-run shipbuilding major CSIC, has placed an order…
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Americas
Delos Shipping orders 12 VLECs at Korean yards
US shipping investment firm Delos Shipping has placed orders at two Korean yards for the construction of a total of…
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Greater China
Brightoil in talks to sell oil terminal and entire shipping fleet
Brightoil Petroleum has announced that it is engaging in preliminary negotiations with potential investors for the sale of its Zhoushan…
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Greater China
Cosco systems fully recovered from cyber attack
China’s Cosco Shipping Lines has announced that its network applications in the Americas have been fully recovered, one week after…
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Greater China
HNA quits shipping and aviation financing business
Qianhai Air & Shipping Exchange, part of China’s multi-sector conglomerate HNA Group, said it will exit the retail financial products…
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Europe
Aker BP acquires Norwegian licences from Total
Aker BP has entered into an agreement with Total E&P Norge to acquire its interests in a portfolio of 11…
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Asia
Barakah Offshore secures five-year offshore engineering contract
Malaysia offshore engineering specialist Barakah Offshore has been awarded an offshore engineering contract from Enquest Petroleum. The contract covers the…
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Greater China
Zhuhai Port Shipping orders two bulkers at Wuhu Shipyard
Zhuhai Port Shipping, the shipowning unit of Zhuahai Port Group, has signed shipbuilding contracts with Wuhu Shipyard for the construction…
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Greater China
Cosco gets back on track after last week’s cyber attack
China Cosco Shipping has managed to recover part of the company’s US network system after it was hit by a…
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Asia
Korea Ocean Business Corporation to support ten domestic lines
Korea Ocean Business Corporation (KOBC), the newly established state-backed entity aimed at supporting the domestic shipping and shipbuilding industry, has…
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Asia
Oil spill detected as K Line car carrier refloats
The K Line car carrier , which ran hard aground near the south coast of Sweden early last week, has…
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Greater China
Cosco looks to set up low sulphur bunkering centre in Zhoushan
China Cosco Shipping Corporation is looking to set up a low sulphur bunkering centre at Zhejiang Pilot Free Trade Zone…
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