Region
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China’s letter of serious intent
The letter of intent signed between state-backed CSSC and France’s CMA CGM for record-breaking 22,000 teu ships can be seen…
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Massive multinational search and rescue effort comes to a close off Singapore
The US Navy has taken the decision to stop searching waters around Singapore for the missing eight seafarers following Monday’s…
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Damage to seven-month-old grounded Lomar boxship ‘considerable’
Initial progress is being made to remove container units from the containership , following the successful removal of heavy fuel…
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ESL Shipping inks LNG bunkering deal with Skangas
Dry bulk shipowner ESL Shipping has entered into a marine fuel agreement with Norwegian LNG supplier Skangas, who will supply…
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Foremost Group orders bulker pair at Oshima Shipbuilding
New York-based dry bulk owner Foremost Group has signed shipbuilding contracts with Japan’s Oshima Shipbuilding for the construction of two…
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CSBC to enter offshore wind sector
Taiwanese shipbuilder CSBC Corporation has set up an offshore construction and engineering centre in order to meet demand from the…
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Paragon Offshore appoints Jay Swent as CEO
Houston-based offshore driller Paragon Offshore has appointed its chairman Jay Swent III to the role of president and CEO replacing…
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Sovereign Shipping: Shipbroking in the digital era
Singapore-based shipbroking firm Sovereign Shipping is going through its own digital transformation, developing an S&P app. Wong Hong Lee, managing…
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KrisEnergy to develop Cambodia’s first offshore field
Singapore’s KrisEnergy has signed a deal with Cambodia government yesterday to develop the country’s first offshore oil field. KrisEnergy, the…
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Hyundai Heavy asks 5,000 workers to take unpaid leave
Hyundai Heavy Industries (HHI), the world’s largest shipbuilder, is seeking to get 30% of its 17,000-strong workforce to agree to…
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NYK aims for remote-controlled transpacific voyage by 2019
Nippon Yusen Kaisha (NYK) is looking to test run a remote-controlled containership transit across the Pacific in 2019, according to…
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Seadrill will file for chapter 11 by September 12
John Fredriksen’s embattled Seadrill will file for chapter 11 in under three weeks. The rig operator made a $158m net…
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Bulker detained in Iraq following deadly collision with local OSV
A bulk carrier has been detained off Basra in southern Iraq after it was involved in a deadly collision with…
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Zodiac Maritime places newly acquired Wah Kwong VLCC into Heidmar pool
Heidmar’s Seawolf Tankers VLCC pool has benefited from the return of Eyal Ofer’s Zodiac Maritime as a Heidmar pool partner.…
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Grindrod to spin off shipping business
South African shipping and logistics firm Grindrod is planning to spin off and list its shipping business. Grindrod has had…
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Pasha Hawaii confirms boxship pair at Keppel in Texas
Just days after Tote confirmed it was behind an order at Philly Shipyard which will see it enter into the…
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Atwood Oceanics reaches agreement with Australian offshore employees
Offshore driller Atwood Oceanics has come to an agreement with the offshore employees of its Australian operating subsidiary for a…
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Sinotrans to acquire logistics assets of China Merchants
Chinese logistics and shipping giant Sinotrans has announced that it has reached an agreement to acquire the entire capital of…
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Search fans out for missing American sailors off Singapore
Search and rescue teams fanned out across more than 2,600 sq km of Southeast Asian waters today in a bid…
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Maersk Tankers buys into hedge fund CargoMetrics
Maersk Tankers has entered an equity agreement with CargoMetrics, a Boston-based hedge fund which can boast the likes of Google’s…
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