Region News Archive - World's Most Relevant Maritime Regions Updates

Region

Hyundai Heavy runs out of offshore work

June 22nd, 20180 South Korean shipbuilding major Hyundai Heavy Industries (HHI) has announced that it will suspend work at its offshore facility in August due to a lack of new...

Region

Korea’s largest steel mill gets shipping partners to install scrubbers

June 22nd, 20180 Korea, Inc has thrown its weight behind scrubbers. In a significant move, POSCO, one of the top five steel mills in the world, has signed with state-backed Korea...

Region

Sungdong Shipbuilding seeks new owners

June 22nd, 20180 Sungdong Shipbuilding, once one of the world’s ten largest shipbuilders, has set out to seek new owners. The bankruptcy department of the Changwon District Court...

Region

Ocean Network Express shifts from road to rail in the UK

June 22nd, 20180 Japan’s newly formed container shipping company, Ocean Network Express (ONE) and Freightliner, a subsidiary of Genesee & Wyoming (G&W), have signed a contract...

Region

GMS adds to its growing operational fleet

June 22nd, 20180 GMS, the world’s largest cash buyer of ships for recycling, has been revealed as company to have bought the kamsarmax. Splash reported eight days ago on Georgios...

Region

Sapura Energy secures $450m worth of contracts

June 22nd, 20180 Malaysian oil and gas service provider Sapura Energy has secured a series of new contracts worth around RM1.8bn ($450m). Under the contracts, Sapura Energy will be...

Region

COSL secures jackup contracts from Aramco

June 22nd, 20180 China Oilfield Services (COSL), the offshore oil and gas service unit of state run energy giant CNOOC, has been awarded contracts by Saudi Aramco for the hire of two...

Region

Worker dies after falling off ship at Beihai Shipbuilding

June 22nd, 20180 A worker died after falling from a ship under construction at CSIC-affiliated Beihai Shipbuilding yesterday. According to local reports in Qingdao, the incident...

Region

Shelf Drilling to list in Oslo on Monday

June 22nd, 20180 UAE-based offshore driller Shelf Drilling has completed the bookbuilding process for its initial public offering on the Oslo Stock Exchange. Earlier this week, Shelf...

Region

Diana Shipping newcastlemax gets pay rise from Koch

June 22nd, 20180 Greek dry bulk owner Diana Shipping has entered into a new time charter contract with Koch Shipping for 2012-built newcastlemax . The new contract is for 20-23 months...

Region

Cosco’s huge swathe of boxships still to deliver this year puts liners on edge

June 21st, 20180 Amid declining freight rates and red ink for the world’s carriers attention is being turned to the huge volume of boxship deliveries between now and the end of the...

Region

Cosco offers US authorities Long Beach terminal solution to solve OOCL takeover

June 21st, 20180 The Wall Street Journal is reporting China’s state-run shipping giant Cosco has offered a solution to American authorities to ease concerns about its takeover of Hong...

Region

Dreams, delusions or fantasies: Making sense of the G7, SCO and China’s BRI

June 21st, 20181 Geopolitical events in the Sino-Asian region have evolved quickly. Significant international events provided an intriguing glimpse into possible future directions. A...

Region

Danaos seals $2.2bn debt refinancing

June 21st, 20180 New York-listed Greek containership owner Danaos Corporation has sealed a refinancing agreement with lenders holding around $2.2bn of debt maturing at the end of this...

Region

Wilhelmsen Ship Management adds UK office, targets ambitious growth

June 21st, 20180 Wilhelmsen Ship Management (WSM) continues its ambitious expansion, announcing today the opening of a new ship management office in Southampton. The new office will...

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Splash Dash

Hyundai Heavy runs out of offshore work
South Korean shipbuilding major Hyundai Heavy Industries (HHI) has announced that it will suspend... Jun 22nd, 2018 inShipyards
This is why jackup rig dayrates will double
David Carter Shinn from Norwegian offshore rig brokerage and advisory Bassoe Offshore reckons it's... Jun 22nd, 2018 inOffshore
The Great Reversal: US crude and the diverse forces shaping tanker markets
Reduced floating storage, the high level of deliveries and mixed impact of increased US crude... Jun 22nd, 2018 inContributions
Korea’s largest steel mill gets shipping partners to install scrubbers
Korea, Inc has thrown its weight behind scrubbers. In a significant move, POSCO, one of the top... Jun 22nd, 2018 inEnvironment
HMM denies it is preparing for life without Maersk and MSC
January 1, 2020 marks a date creating headaches for shipowners around the world as they gear up for... Jun 20th, 2018 inContainers
Should HMM stay or go?
On March 16 2017, Hyundai Merchant Marine (HMM) inked a three-year strategic cooperation agreement... Jun 20th, 2018 inOpinion

Diana Shipping newcastlemax gets pay rise from Koch

Danaos seals $2.2bn debt refinancing

Wilhelmsen Ship Management adds UK office, targets ambitious growth

Angelicoussis back at DSME for another LNG carrier

Port of Prince Rupert agrees next stage of terminal expansion with DP World

Negligent homicide charge dropped against commander of USS Fitzgerald

Yangzijiang wins more newcastlemax orders

Cox Oil agrees on $322m buyout of EGC

GMS adds to its growing operational fleet

Shelf Drilling to list in Oslo on Monday

Shelf Drilling IPO oversubscribed

Rowan jackup gets three-year Saudi Aramco contract

Hyundai Heavy runs out of offshore work

Korea’s largest steel mill gets shipping partners to install scrubbers

Sungdong Shipbuilding seeks new owners

Ocean Network Express shifts from road to rail in the UK

COSL secures jackup contracts from Aramco

Worker dies after falling off ship at Beihai Shipbuilding

Cosco’s huge swathe of boxships still to deliver this year puts liners on edge

Cosco offers US authorities Long Beach terminal solution to solve OOCL takeover

Port of Prince Rupert agrees next stage of terminal expansion with DP World