-
Greater China
CSSC appoints new chairman
China State Shipbuilding Corporation (CSSC) has announced the appointment of Zhang Yingdai as its new chairman, replacing Lei Fanpei who…
Read More » -
Asia
Wintermar reschedules debt with lenders
Indonesian offshore vessel operator Wintermar has concluded an agreement with two major lenders, International Finance Corporation (IFC) and Deutsche Investitions-…
Read More » -
Europe
Maersk Tankers debuts digital spinoff
Digital start up ZeroNorth, a spin off from Maersk Tankers, has released the software Optimise to shipowners and operators with…
Read More » -
Europe
Wallenius Wilhelmsen pleads guilty to cartel charges in Australia
Norwegian car carrier operator Wallenius Wilhelmsen has today entered a guilty plea in the Federal Court to criminal cartel conduct…
Read More » -
Middle East
Petrobel terminates Shelf Drilling rig contract
UAE-based drilling rig operator Shelf Drilling has received a notification for the early termination of the contract for jackup rig…
Read More » -
Asia
MISC chairman resigns less than three weeks after appointment
Malaysian national shipping company MISC has announced that the group’s chairman Tan Sri Noh Omar has resigned, less than three…
Read More » -
Containers
Weekly Broker: Bulkers lead the pack
The dry bulk sale and purchase market has seen a pick-up in activities in line with the soaring Baltic Dry…
Read More » -
Europe
Sungas Holding to offload stake in Avance Gas
Norwegian VLGC player Avance Gas has announced that shareholder Sungas Holding has engaged Arctic Securities to explore the sale of…
Read More » -
Europe
Van Oord to cull 500 employees
Dutch marine service group Van Oord has announced that the company plans to cut around 500 employees from its global…
Read More » -
Greater China
Court approves Agritrade Resources debt restructuring
Hong Kong-listed Agritrade Resources has announced that the Supreme Court of Bermuda has permitted the board to work with joint…
Read More » -
Dry Cargo
Front-haul capes crack $30,000 a day
A frenetic day of cape fixtures yesterday saw front-haul voyages reach $30,000 per day, pushing the Baltic Dry Index above…
Read More » -
Europe
2020 Bulkers completes newbuilding investment program
Tor Olav Troim’s 2020 Bulkers has completed its newbuilding investment program after taking delivery of , the last of the…
Read More » -
Europe
IMarEST appoints new CEO
The Insitute of Marine Engineering, Science & Technology (IMarEST) has announced the appointment of Gwynne Lewis as the new chief…
Read More » -
Greater China
Franbo Lines offloads general cargo vessel
Taiwanese bulk carrier operator Franbo Lines has announced that the company has sold its 2008-built 9,000 dwt general cargo vessel…
Read More » -
Europe
Maritime UK releases sector recovery plan
Maritime UK has published a sector recovery plan to guide the industry through the current difficulties the maritime world faces.…
Read More » -
Contributions
The outlook for the LPG trades
Chief correspondent Jason Jiang assesses where rates for LPG carriers are headed after a tough few months. The LPG shipping…
Read More » -
Asia
MOL partners with NW Innovation Works for methanol shipping project
Japanese owner Mitsui OSK Lines (MOL) has announced will invest in US-based methanol producer NW Innovation Works (NWIW), and provide…
Read More » -
Asia
Alur Biru Maritim orders three deck cargo carriers at Wuchang Shipbuilding
Indonesian owner Alur Biru Maritim (ABM) has placed an order at China’s Wuchang Shipbuilding for the construction of three 13,000…
Read More » -
Europe
Solstad Offshore secures AHTS contracts in Brazil
Norwegian OSV operator Solstad Offshore has announced that it has secured contracts from Petrobras for the deployment of AHTS vessels…
Read More » -
Europe
Orsted CEO steps down
Danish green energy major Orsted has announced that Henrik Poulsen has resigned as CEO, effective from January 31 at the…
Read More »