-
Asia
World’s first use of patented rigid sail and solar power system to commence next year
Eco Marine Power (EMP) has begun preparing for sea trials of its Aquarius Marine Renewable Energy (MRE) solution in co-operation…
Read More » -
Asia
K Line exits loss making heavylift sector, selling SAL to Harren & Partner
Kawasaki Kisen Kaisha’s (K Line) decade-long, mistimed adventure into the heavylift sector came to a close today with the sale…
Read More » -
Europe
Seadrill gets extra breathing time, braces investors and yards to take a hit
John Fredriksen’s Seadrill has won some much needed extra breathing space to get its restructuring plan in place. The rig…
Read More » -
Asia
Final day’s trading on the SGX for bust Rickmers Maritime
Today is the final day of trading for Rickmers Maritime on the Singapore Exchange. The failed boxship leasor of Bertam…
Read More » -
Americas
Panama Canal claws back Asia – US east coast calls
Just over a year since its expansion, the Panama Canal has clawed back most of the all-water traffic between Asia…
Read More » -
Asia
Repsol forced to halt work offshore Vietnam under pressure from China
Vietnam has ordered Spanish energy company Repsol to stop work at a contentious site in the South China Sea, following…
Read More » -
Asia
Boxship involved in deadly June collision with American destroyer resumes service
The owners of the , a 2,900 teu boxship involved in a deadly collision with a US Navy destroyer off…
Read More » -
Europe
18,000+ teu boxships set to double market share on Asia-North Europe by end of next year
Copenhagen-based box watchers SeaIntel are suggesting in a new report that ultra-large container vessels – with a nominal capacity in…
Read More » -
Europe
Tufton Oceanic comes in for Hartmann’s seven feeders
Brokers are linking the UK’s Tufton Oceanic with a swoop for seven German feeder boxships. The British outfit is reportedly…
Read More » -
Asia
Samsung Heavy to mothball a floating drydock
Samsung Heavy Industries is further cutting back capacity at its main facility on the island of Geoje in the far…
Read More » -
Europe
Polish master hangs himself on transatlantic voyage
A Polish captain hanged himself midway through a transatlantic voyage from New York to Tilbury in the UK, a British…
Read More » -
Asia
Two Chittagong dockworkers die unloading logs from Precious ship
Two Chittagong dockworkers were found dead this morning. The two men were helping unload logs from a Precious Shipping vessel,…
Read More » -
Asia
NYK sells 15-year-old VLCC
Nippon Yusen Kaisha (NYK) has sold a 15-year-old Japanese built VLCC to Thailand’s Nathalin Group. No price has been revealed…
Read More » -
Containers
Lomar salvage progresses off New Caledonia
Preparations are progressing to commence the removal of fuel and lubricating oil from the containership , almost two weeks after…
Read More » -
Asia
Keppel, SembCorp merger speculation resurfaces
Investor talk about a merger between the shipyard units of Keppel and SembCorp has resurfaced. DBS Vickers Securities says in…
Read More » -
Asia
Polaris suffers another mishap
An explosion occurred on Saturday in the engine room of the 250,000 dwt very large ore carrier (VLOC) , the…
Read More » -
Tankers
Tanker acquisition opportunities going ‘begging’
Interesting tanker acquisition opportunities are going begging as owners take fright from a declining spot market, Clarkson Research argues in…
Read More » -
Containers
Fire ravaged MSC Daniela enters third month of repairs
The fire ravaged MSC Daniela has entered its third month of repairs in Shanghai, taking far longer to fix than…
Read More » -
Europe
Torm pounces for GSI product tanker resale quartet
Torm has pounced on four resale MR tankers due for delivery from Guangzhou Shipyard International (GSI) in 2019. The agreement…
Read More » -
Asia
Filipino owner planning rapid expansion post-IPO
Filipino shipowner Chelsea Logistics Holdings Corporation (CLC) is embarking on an IPO with a view to extending its fleet size.…
Read More »