Region
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Arbitrator rules for Petrobras in dispute with Sete Brasil
Petrobras, Brazil’s state oil company, announced it has won a favourable arbitration decision in a dispute with Sete Brasil, an…
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Venezuela’s PDVSA has begun making overdue interest payments on bonds
Venezuela’s cash-strapped state oil firm PDVSA says it has begun the process of paying overdue interest payments on four of…
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Cosco seen overhauling Maersk as world’s top containerline in coming decade
Splash readers are predicting Cosco, China’s giant state-backed maritime conglomerate, will overhaul Maersk to become the world’s top containerline in…
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DNV GL becomes fully Norwegian as German partner sells stake
It’s taken more than five years but finally the Foundation Det Norske Veritas has bought out its German partner’s stake…
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Ansheng in 16-ship spree
Antong Logistics, the parent of Ansheng Shipping, has announced a major fleet expansion, which includes 12 newbuildings and four secondhand…
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Serenity: CMA CGM’s new offering designed to keep clients calm
France’s top shipping line has launched Serenity by CMA CGM, a suite of offerings designed to calm clients’ fears in…
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Marnavi places new chemical tanker order at Wuchang Shipbuilding
Naples-based shipowner Marnavi has set up a joint venture with Simest aimed at investing in new parcel chemical tankers. “We…
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Carboflotta snaps up a LPG tanker resale from Hyundai Heavy Industries
Genoa-based shipping firm Carbofin, part of Carboflotta group, has just signed a MOA for the purchase of a resale newbuilding…
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Safe Bulkers adds a post-panamax
Safe Bulkers has acquired a South Korean 2010-built post-panamax dry bulk vessel at what it described as “an attractive price”.…
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Ultra Deep Solutions seals five-year charter for newbuild DSCV
Singapore subsea owner Ultra Deep Solutions has entered into a five-year charter agreement with Malaysia’s Red Tech Offshore for newbuild…
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Navios Maritime Containers fleet hits 20 with completion of latest acquisition
Navios Maritime Containers has completed the acquisition of four 2008-built panamax containerships for $96.8m. The four 4,730 teu vessels are…
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Yang Ming strikes new path with Taiwan’s port body
Fresh from an injection of cash from the state Yang Ming Marine Transport has detailed plans to scrap 20 ships…
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Bahri taps new CEO in diversification drive
Saudi Arabia’s largest shipping line Bahri has tapped a livestock expert to become its new CEO starting on January 1.…
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European shipowners urge for swift progress in Brexit negotiations
Top management at the European Community Shipowners’ Associations (ECSA) has urged for swift progress to be made between the EU…
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Zodiac and Rickmers swoop for CP Offen capes
Two shipping heavyweights have picked up capesizes from Claus-Peter Offen in bank driven sales at an opportune time in the…
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Seacor joint venture seals sale and leaseback deal for Jones Act product tanker
New York-listed Seacor Holdings has announced that its Jones Act shipping jv SEA-Vista has reached an agreement to sell one…
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Aker Solutions wins long-term Statoil subsea support contract
Aker Solutions has secured a framework agreement with Statoil to provide subsea services to the oil major’s oil and gas…
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Seamec DSV awarded Dolphin Offshore charter
Indian dive support vessel owner Seamec has been awarded a contract by compatriot Dolphin Offshore Enterprises to utilise the 1983-built…
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Quebec City poised for maritime transformation
The Quebec Port Authority (QPA) has announced plans to build a world-class container terminal as part of the proposed Beauport…
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India’s port volumes predicted to quadruple by 2025
India’s ports are set to handle four times as much cargo within the next eight years, but volumes will remain…
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