Region
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Transocean secures multiple contracts and extensions
Offshore driller Transocean has recently secured a series of new contracts and extensions according to the company’s latest fleet status…
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Boxship involved in deadly June collision with American destroyer resumes service
The owners of the , a 2,900 teu boxship involved in a deadly collision with a US Navy destroyer off…
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Ultrabulk secures newbuild financing from JBIC
Danish owner Ultrabulk is expected to secure newbuild financing from The Japan Bank for International Cooperation (JBIC) for two bulker…
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18,000+ teu boxships set to double market share on Asia-North Europe by end of next year
Copenhagen-based box watchers SeaIntel are suggesting in a new report that ultra-large container vessels – with a nominal capacity in…
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Sri Lanka clears China Merchants port deal
Sri Lanka’s cabinet has cleared a revised agreement with China Merchants Port Holding for the development of Hambantota Port today.…
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Oak Maritime: Fear and loathing in shipping
Jack Hsu, managing director of Oak Maritime (Hong Kong), is on typically engaging form when Maritime CEO comes calling, touching…
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Tufton Oceanic comes in for Hartmann’s seven feeders
Brokers are linking the UK’s Tufton Oceanic with a swoop for seven German feeder boxships. The British outfit is reportedly…
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Samsung Heavy to mothball a floating drydock
Samsung Heavy Industries is further cutting back capacity at its main facility on the island of Geoje in the far…
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Yangzhou Dayang Shipbuilding goes into liquidation
Yangzhou Dayang Shipbuilding, a subsidiary yard of Sinopacific Shipbuilding, has been declared bankrupt and started a liquidation process due to…
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Polish master hangs himself on transatlantic voyage
A Polish captain hanged himself midway through a transatlantic voyage from New York to Tilbury in the UK, a British…
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Two Chittagong dockworkers die unloading logs from Precious ship
Two Chittagong dockworkers were found dead this morning. The two men were helping unload logs from a Precious Shipping vessel,…
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NYK sells 15-year-old VLCC
Nippon Yusen Kaisha (NYK) has sold a 15-year-old Japanese built VLCC to Thailand’s Nathalin Group. No price has been revealed…
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Enterprise Offshore secures jackup contract from W&T Offshore
Australian oil and gas company Otto Energy has announced that W&T Offshore, the operator of South Timbalier 224 (ST 224)…
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Anadarko cuts capex for 2017 by $300m
Woodlands, Texas-based oil and gas E&P firm Anadarko Petroleum, said on Monday it is planning to cut its capital expenditure…
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Pemex reopens bond placements to cover financing needs until 2019
Mexico’s state oil firm Pemex says it has ensured its financial liquidity for at least another 18 months with the…
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Port of Corpus Christi agrees 30-year lease and development project with Maverick
The board of commissioners for the Port of Corpus Christi in southeast Texas has approved a 30-year lease with Maverick…
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Port of Antwerp investing $10m in Brazilian port of Acu
The Port of Antwerp will invest $10m in the privately owned Brazilian Porto do Acu complex, cementing an already strong…
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Höegh LNG secures financing for FSRU
Höegh LNG has received commitment letters for a $230m debt financing for one of its FSRU newbuildings. The facility comprises…
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Keppel, SembCorp merger speculation resurfaces
Investor talk about a merger between the shipyard units of Keppel and SembCorp has resurfaced. DBS Vickers Securities says in…
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Polaris suffers another mishap
An explosion occurred on Saturday in the engine room of the 250,000 dwt very large ore carrier (VLOC) , the…
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