Region
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Regulators need mindset change to cope with pace of technological change
Maritime regulators need to change their mindsets from one of risk avoidance to focus more on risk management amid the…
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Euroseas acquires four feeder boxships from Euromar JV
Greek owner Euroseas has acquired two feeder containerships and options to acquire two more from Euromar, a joint venture owned…
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Hyundai Heavy Industries pushes through rotational leave system
South Korean shipbuilder Hyundai Heavy Industries (HHI) has pushed through a rotational leave system for five weeks from September 11…
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BunkerEx: Hybrid platform
Newly formed bunker broker BunkerEx is utilising its technology platform to save buyers both time and money. The London-based company…
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Unisea continues aggressive bulker buildup
Low key Greek outfit Unisea Shipping has been busy dipping into the dry bulk market. Broking sources say the line…
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Largest US refinery restarts production after Harvey shutdown
America’s biggest oil refinery, the Motiva Enterprises facility at Port Arthur in Texas, restarted production on Monday after being shut…
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Symphony ups the tempo with asset play
Little known Bangladeshi company Symphony has doubled its money in just over a year in its first asset play. Broking…
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Seadrill set to file for chapter 11 today
John Fredriksen’s embattled Seadrill is expected to file for chapter 11 today, becoming one of the most high profile casualties…
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Ocean Rig faces another legal battle
New York lawyer Tally Wiener is not giving up in her pursuit of George Econonou’s Ocean Rig. Ocean Rig sought…
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APM Terminals sells out to Cosco at Zeebrugge
A.P Moller – Maersk’s APM Terminals has agreed to sell a 76% majority shareholding in the APM Terminals Zeebrugge container terminal…
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Seaspan takes 11,000 teu Yangzijiang resale
Seaspan remains highly active chopping and changing its fleet mix in the weeks following the announcement that its co-founder, Gerry…
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CMA CGM extends Global Ship Lease feeder pair
London-headquartered Global Ship Lease has sealed 12-month time charter extensions with CMA CGM for a pair of 2,207 teu containerships.…
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World’s first class approved 3D printed propeller produced
A prototype of the world’s first class approved ship’s propeller has been produced using 3D printing techniques. The 1,350 mm…
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Sembcorp Marine’s Brazil yard wins $145m contract
Sembcorp Marine’s wholly-owned Brazilian subsidiary, Estaleiro Jurong Aracruz, has secured hull carry over works (COW) worth about $145m from Tupi…
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Former Tianjin Port chairman arrested for corruption
China’s Central Commission for Discipline Inspection has announced that it has detained Zhang Lili, former chairman of Tianjin Port Group,…
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Florida ports hope for USCG clearance to reopen in coming days
Several ports in Florida remained closed on Monday even as former Hurricane Irma, now downgraded to a Tropical Storm, moved…
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China Merchants Port Holdings acquires major stake in Zhongshan Port
China Merchants Port Holdings subsidiary Shenzhen Chiwan Wharf Holdings has entered into an agreement to acquire 51% equity interest in…
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Shelf Drilling secures two jackup rig contracts
Dubai-based Shelf Drilling has been awarded contracts by Dubai Petroleum for two of its jackup drilling rigs, the 2007-built Shelf…
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Qingdao Yangfan employees protest against major shareholder
Over 300 employees of bankrupt Qingdao Yangfan Shipbuilding yesterday started a protest at the gate of the shipyard against Jianlong…
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Port of Oakland ramps up shore power target
The Port of Oakland has set itself a target of having every visiting vessel plugged in to shore power in…
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