-
Europe
Coral Shipping takes second tanker in the space of just five weeks
Active Greek tanker firm Coral Shipping has been linked to its second acquisition in just over a month. Brokers suggest…
Read More » -
Europe
Airbus flies in to aid maritime cyber security
Toulouse-based Airbus Defence and Space has partnered with CSO Alliance, a maritime community of company security officers (CSOs), to build…
Read More » -
Europe
Borr Drilling lists in Oslo
Borr Drilling, a Norwegian rig outfit created less than a year ago by executives formerly close to John Fredriksen, celebrates…
Read More » -
Middle East
Greek tanker arrested in Libya
Libyan naval forces yesterday arrested a Liberian-flagged product tanker on suspicion of smuggling oil off the Abu Kammash area west…
Read More » -
Asia
Samra Midas merges SM Line, Korea Shipping Corporation and Woobang Engineering & Construction
The parent of new Korean container carrier SM Line will bolster the liner’s financials by folding two other companies into…
Read More » -
Asia
Last payouts made at defunct Rickmers Maritime Trust
Rickmers Maritime Trust has been wound up with the last payments made to unsecured creditors, leaving many investors out of…
Read More » -
Asia
Charter fixed for the world’s largest FSRU
The world’s largest FSRU – due to be delivered in a couple of months – has found a charter in…
Read More » -
Asia
PetroVietnam ready to liquidate Dung Quat Shipyard
State-run energy firm PetroVietnam is prepared to liquidate a loss-making shipyard it owns. In a report filed to the trade…
Read More » -
Europe
Bunker broking platform launches in London
The opaque world of buying bunker fuel is set to enter the 21st century with the official launch today of…
Read More » -
Europe
56% of Greek shipowners considering relocation
Expect delegations from maritime clusters from around the world to descend upon Athens in ever greater numbers on news that…
Read More » -
Containers
Mid-sized tonnage being squeezed out of the future container fleet
The future global containership fleet will have little by way of mid-sized tonnage, according to a new report by brokers…
Read More » -
Asia
Tanker watchers keep an eye on JX Ocean’s VLCC sale
The fleet rejuvenation scheme at Japan’s JX Ocean will reach an interesting crossroads this Wednesday. JX Ocean – part of…
Read More » -
Dry Cargo
Oldendorff clinches sought after post-panamax
One of Europe’s most active bulker buyers has clinched a ship it has eyed for many months. German administrators acting…
Read More » -
Europe
Elderly ship splits in two off Istanbul
A very old general cargo ship that had been en route for repairs split in two over the weekend near…
Read More » -
Americas
Brazil takes steps against substandard Asian shipbreakers
Brazil’s federal environmental watchdog Ibama is taking measures to ensure the nation’s big exporters do not offload their older ships…
Read More » -
Europe
Top Ships faces legal action over its Kalani dealings
Another Greek owner with links to controversial Kalani Investments has seen lawyers gear up for a fight. American law firm…
Read More » -
Asia
Seoul creates $4.4bn company to aid maritime turnaround
In the ongoing resuscitation of the nation’s ailing shipping and shipbuilding sectors, South Korea’s Ministry of Oceans and Fisheries is…
Read More » -
Greater China
China’s letter of serious intent
The letter of intent signed between state-backed CSSC and France’s CMA CGM for record-breaking 22,000 teu ships can be seen…
Read More » -
Asia
Massive multinational search and rescue effort comes to a close off Singapore
The US Navy has taken the decision to stop searching waters around Singapore for the missing eight seafarers following Monday’s…
Read More » -
Europe
Damage to seven-month-old grounded Lomar boxship ‘considerable’
Initial progress is being made to remove container units from the containership , following the successful removal of heavy fuel…
Read More »