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Americas
PE firm Brookfield completes investment into Teekay Offshore
Private equity firm Brookfield Business Partners has bought into Teekay Offshore Partners. “With this comprehensive transaction now completed, Teekay looks…
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Middle East
Iran and Kazakhstan form shipping JV
Iran and Kazakhstan have formed a joint venture shipping line, designed to funnel cargoes from Central Asia down to Iran’s…
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Europe
New owners of SAL Heavy Lift reregister six ships back to the German flag
Returned to German control, the new owners of SAL Heavy Lift have wasted little time in stamping their footprint on…
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Europe
Scorpio Bulkers back in buying mode, takes six Golden Ocean ultramaxes
Scorpio Bulkers is back in buying mode. After more than two years of scaling back its fleet and waiting on…
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Asia
‘SGX and Baltic is essentially a combination of dry bulk and freight’
The head of the Singapore Exchange (SGX) has outlined how he sees London’s Baltic Exchange working in combination with its…
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Asia
Singapore identifies connectivity, innovation and talent in bid to stay at the top of maritime
Connectivity, innovation and talent are the three key themes Singapore’s leading shipping names want to promote and develop in their…
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Asia
Petredec extends Jiangnan VLGC series
Petredec, the world’s second largest owner of LPG carriers, has extended a series of 84,000 cu m. VLGC orders at…
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Asia
Meghna’s latest supramax buy clearly illustrates rising bulker prices
Clarkson Research has clearly illustrated how secondhand bulker prices have risen in the past 12 months. Aggressive Bangladeshi owner Meghna…
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Asia
Cochin Shipyard plans dramatic expansion across India
Cochin Shipyard (CSL) will establish shipbuilding and repair facilities in the Andaman and Nicobar Islands, Gujarat, Kolkata and Mumbai, according…
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Europe
Greek government tarred by tanker sinking
Toxic substances other than just oil have flooded the Greek environment in dramatic fashion in the 12 days since the…
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Asia
BHP to carry out biofuelled shipping experiment
Biofuels are now being touted as a future fuel for shipping. A roundtable this week organised by the Maritime and…
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Asia
Malaysia’s transport minister slams liners’ decision to decamp to Singapore
The decision by the world’s newly formed container shipping alliances to concentrate their Southeast Asian transhipment activities in Singapore is…
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Asia
ICTSI buys into another Manila terminal
International Container Terminal Services Incorporated (ICTSI) of the Philippines has bought compatriot’s Petron Corporation’s 34.83% stake in the nation’s domestic…
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Middle East
Marcura buys Falmor and G-Ports
The Marcura Group, a Dubai-based group of companies focused on providing business solutions to the maritime industry, has acquired UK-based…
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Dry Cargo
Songa Bulk readies for more ships
Songa Bulk said today it is contemplating a tap issue with a target amount of $18m from a senior secured…
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Europe
MSC comes in for giant eleven 22,000 teu ship order at DSME
Mediterranean Shipping Corporation (MSC), the world’s second largest containerline, has confirmed orders with South Korea’s Daewoo Shipbuilding & Marine Engineering…
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Europe
Maersk launches financial transactions platform
Maersk’s rapid digital transformation continues apace with news Denmark’s companies register recorded on Tuesday a notable new corporate formation. GateTu…
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Asia
Keppel bets on seaborne data centres
Keppel, the giant Singapore conglomerate involved in multiple industries from property through to telecoms and shipbuilding, has seen a possible…
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Asia
White knight swoops for Swissco’s OSV business
A Singapore venture fund has swooped to pick over the carcass of bust Swissco Holdings. Swissco’s judicial managers have approved…
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Europe
Wilhelmsen becomes majority shareholder in NorSea Group
From next Tuesday, Norway’s Wilhelmsen will take control of compatriot offshore supply base specialist NorSea Group, increasing its shareholding from…
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