Region
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Formosa Plastics adds three more MRs at Guangzhou
Taiwanese tanker giant Formosa Plastics has returned to Guangzhou for more MRs. Clarksons Research notes in its latest weekly report…
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Essar details shopping list
Essar Shipping has detailed its shopping list with liquid bulk to the fore. The private Indian owner’s CEO Ranjit Singh,…
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Cosmoship in for four feeders
Greece’s Cosmoship Management has ordered four 1,500 teu boxships at Guangzhou Wenchong in China, Clarksons Research is reporting in its…
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Transocean faces potential liquidity issues as lawsuit is filed against subsidiary
A lawsuit has been filed against an indirect subsidiary of Transocean which could affect its ability to draw on a…
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Aker BP confirms death in Maersk Drilling jackup accident at Tambar
Aker BP has confirmed that a Maersk Drilling employee has died following an accident on Maersk Drilling jackup on Thursday…
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Grimaldi takes over ro-ro terminal in Savona
Naples-based Grimaldi Group announced the takeover of the shipping agency and freight forwarder company Marittima Spedizioni which entirely controls Savona…
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Wilson offloads ageing bulker involved in Kiel Canal accident
Norway’s Wilson has announced the sale of 1980-built bulk carrier for $830k, with the vessel set to be scrapped. The…
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CMA CGM completes acquisition of Mercosul Line from Maersk
French container shipping company CMA CGM on Friday completed the purchase of Mercosul Line, a Brazilian container line that was…
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Mexico’s oil regulator calls off JV deepwater tender for lack of takers
A planned tender for a joint venture (JV) deep-water oil prospect in the Gulf of Mexico was cancelled on Thursday…
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Former Hanjin Shipping boss jailed for insider trading
Choi Eun-young, 55, the former chairwoman of now-defunt Hanjin Shipping was handed an 18-month jail sentence by a court in…
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Venice Shipping & Logistics: Equity index launches
How much does investing in shipping yield today? It depends on the ship you choose as a target, on the…
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Two injured in accident on Maersk Drilling jackup at Tambar
Two workers were injured yesterday in an accident onboard 2013-built Maersk Drilling jackup rig , currently drilling for Aker BP…
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Excelerate Energy buys out Exmar stake in four FSRUs
Excelerate Energy and Exmar have announced that Excelerate will acquire the 50% stake held by Exmar in four FSRU owning…
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Fugro and Forland strike deal over vessel termination
E Forland subsidiary Forland Subsea II and Fugro Subsea have agreed terms for the termination of the charter of subsea…
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Ugland Shipping picks up two ultramax resales
Norway’s Ugland Shipping has announced the signing of two resale contracts for ultramaxes to add to its orderbook. The first…
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Diana Shipping fixes capesize to EGPN Bulk Carrier
Diana Shipping has entered into a time charter contract with Hong Kong-based Chinese owner EGPN Bulk Carrier for the 2007-built…
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Former DSME CEO handed six-year prison term
Nam Sang-tae, 67, the former CEO of Daewoo Shipbuilding & Marine Engineering (DSME), was yesterday handed a six-year jail term…
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Marintec China showcases the future of shipbuilding
As the stands come down in Shanghai at Asia’s largest shipping show, attendees at this week’s Marintec China have had…
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BSEE issues warning after death on drillship in Gulf of Mexico
The weekend’s fatal accident on a Petrobras-operated drillship in the Gulf of Mexico has led the US Bureau of Safety…
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Caravel’s Banga on the consequences of Beijing’s heavy industry crackdown: Splash TV
China’s crackdown on polluting heavy industries this winter needs to be watched by dry bulk owners in the coming months,…
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