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Dry Cargo
Ningbo Merchant Shipping bulker to be auctioned
Ningbo Maritime Court has announced that it will auction Ningbo Merchant Shipping’s bulk carrier on online platform taobao.com on August…
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Americas
Rowan seals multiple rig contract extensions
Rowan Companies has reported a series of contract extensions in its latest fleet status report. Drillship Rowan Resolute has received…
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Asia
EMAS Offshore sells shares in PV Keez FPSO
EMAS Offshore Production Service (Vietnam) (EOPS), a fully owned subsidiary of EMAS, and Ezra Holdings Limited, the holding company of…
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Greater China
Former Rongsheng employees enraged over outstanding salary and severance payments
A group of former employees of bankrupt shipyard Rongsheng Heavy Industries have sent an open letter to Huarong Energy requesting…
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Asia
Brightoil terminates ten vessel acquisition
Brightoil has announced that its Singapore subsidiary has decided to terminate the acquisition of ten bunker barges. The subsidiary entered…
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Dry Cargo
Pyrsos Shipping bulker detained in Zhoushan
Beihai Maritime Court has ordered the detention of bulk carrier in Fangchenggang Port at the request of Zhoushan Changhong International…
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Europe
HSH Nordbank offloads non-performing shipping loans
HSH Nordbank has announced that it has transferred a portfolio of non-performing loans from its ship finance portfolio totalling EUR5bn…
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Europe
Stone Energy terminates Ensco semisubmersible
Stone Energy Corporation and Ensco have reached an agreement to terminate a long term contract for deepwater semisubmersible rig .…
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Americas
Seaspan acquires boxship pair for MSC
Seaspan Corporation has acquired two newbuild 11,000 teu vessels from Greater China Intermodal Investments (GCI) for a total of $195.6m.…
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Containers
UASC shareholders approve merger with Hapag-Lloyd
United Arab Shipping Company (UASC) has announced that its six shareholding states has approved a merger deal with German container…
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Greater China
Fire breaks out at Guangdong shipbreaking yard
A fire broke out yesterday at Jiangmen Xinhui Shuangshui Shipbreaking & Steel in Guangdong, China during the dismantling of an…
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Greater China
Former president of Guangxin Shipbuilding on trial for corruption
Guangzhou Intermediate People’s Court started a trial of Li Tongan, former president of Guangxin Shipbuilding & Heavy Industry, on corruption…
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Containers
SITC restructures shipping subsidiaries
Hong Kong-listed SITC International Holdings has announced that New SITC Development, a wholly owned subsidiary of the company, has entered…
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Europe
Deep Sea Supply awarded PSV contracts
Norwegian offshore operator Deep Sea Supply has announced that it has been awarded three new time charter contracts by BP…
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Europe
Statoil suspends Dolphin Drilling contract
Fred. Olsen Energy has announced that its subsidiar, Dolphin Drilling, has received notice of suspension from Statoil for drilling rig…
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Greater China
Cosco switches heavylift vessels to MPVs at Shanghai Shipyard
Cosco Shipping, a listed subsidiary of China Cosco Shipping Group (Coscocs), has announced that it plans to order three 36,000dwt…
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Europe
Siem Offshore awarded Beatrice wind farm contract
Siem Offshore has announced that its subsidiary Siem Offshore Contractors (SOC) has been awarded the contract for the turnkey supply…
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Asia
SapuraKencana awarded host of new contracts
SapuraKencana has announced that subsidiaries within the SapuraKencana Group have been awarded new contracts and extensions with a combined value…
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Greater China
Wisdom Marine enters tanker sector with double order at JMU
Taiwanese owner Wisdom Marine has announced that the board has approved a proposal to order two 115,000dwt oil tankers at…
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Dry Cargo
China’s Baosteel and WISCO plan merger
Baosteel and Wuhan Iron and Steel Corporation (WISCO), two major steel producers in China, have both suspended stock trading today…
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