-
Asia
Singapore competition authority greenlights HHI and DSME merger
The Competition and Consumer Commission of Singapore (CCCS) has cleared the proposed merger of Hyundai Heavy Industries and Daewoo Shipbuilding…
Read More » -
Greater China
Zhejiang Satellite adds another six VLECs
Zhejiang Satellite Petrochemical has fixed an additional six 98,000 cu m VLECs through newbuild orders and charters in order to meet its growing…
Read More » -
Finance and Insurance
Ciner Shipping inks sale and leaseback with CSSC Shipping for newbuild suezmax tanker pair
Ciner Shipping, led by Turkish owner Turgay Ciner, has entered into an agreement with CSSC Shipping, the financial leasing unit…
Read More » -
Greater China
Administrators to sell unfinished Guiqin Shipping vessel
The administrators of bankrupt Qinzhou Guiqin Shipping have listed an unfinished 6,000 dwt multipurpose vessel for auction via online platform…
Read More » -
Greater China
Ningbo Marine secures coal COA from Zhejiang Energy
Ningbo Marine has entered into a contract of affreightment (COA) with its parent group Zhejiang Energy for shipping services. Under…
Read More » -
Europe
Seadrill awarded semi-sub extension in Norway
John Fredriksen’s Seadrill has announced that its semi-submersible rig has obtained an extension of work in Norway. The rig was…
Read More » -
Asia
e5 Lab launches Roboship zero-emission electric vessel project
e5 Lab, a joint venture set up by Asahi Tanker with Exeno Yamamizu, MOL and Mitsubishi, has launched a project…
Read More » -
Dry Cargo
Asia Energy Logistics to liquidate vessel investment unit
Hong Kong-listed bulker owner Asia Energy Logistics (AEL) has announced that the board has decided to liquidate wholly owned subsidiary…
Read More » -
Middle East
Nan Lian Ship Management behind Sonangol suezmax acquisition
UAE-based Nan Lian Ship Management has been confirmed as the buyer of the 2001-built 159,200 dwt suezmax tanker . Multiple…
Read More » -
Asia
CH Offshore settles commission dispute with brokers
Singapore-based OSV operator CH Offshore has reached full and final settlement with three shipbroking houses relating to arbitration proceedings against…
Read More » -
Europe
Former Maersk executive accused in Petrobras corruption case
Brazilian prosecutors have pressed charges against two people, including a former Maersk executive, for their alleged involvement in a scheme…
Read More » -
Greater China
New Dayang Shipbuilding secures debut crane vessel order
China’s New Dayang Shipbuilding has secured an order from domestic company Wenzhou Haobo Harbor Engineering for the construction of a…
Read More » -
Tankers
Bahri orders ten chemical tankers at Hyundai Mipo
Saudi Arabian owner Bahri has entered into an agreement with Hyundai Mipo Dockyard for the construction of ten 49,999 dwt…
Read More » -
Americas
Navios to list logistics unit in Brazil
Navios South American Logistics, a unit of Navios Maritime Holdings, has applied for an initial public offering in Brazil. The…
Read More » -
Europe
Titan expands LNG bunkering network in Germany
Dutch LNG supplier Titan LNG has expanded the its presence in Germany with two local ports added to its LNG…
Read More » -
Europe
Shots fired in confusing Somali boarding incident
Confusion surrounds the 1994-built 8,100 dwt chemical tanker with security firms having differing views whether or not this vessel is…
Read More » -
Europe
Shearwater awarded 3D acquisition work in Vietnam
Shearwater GeoServices Holding has received an award for a towed streamer 3D acquisition by SK Innovation, the operator of Vietnam…
Read More » -
Operations
US suspends shipping tax exemptions with Hong Kong
The US government has announced that it has suspended three bilateral agreements with Hong Kong, including shipping tax exemptions, as…
Read More » -
Offshore
Two ships collide near Shanghai causing major fire, 14 missing
An oil tanker collided with a sand barge near the estuary of the Yangtze River off Shanghai this morning, with…
Read More » -
Operations
Weekly Broker: Hopeful dry bulk fundamentals
The dry bulk sale and purchase market has reawoken this week. The firmed up chartering market has drawn increased buying…
Read More »