Region
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MOL chemical tanker runs aground on Columbia River in Washington
A chemical tanker owned by Japan’s MOL Chemical Tankers ran aground on the Columbia River near Skamokawa in Washington state…
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BW Pacific orders up to eight LR2s at Daehan
BW Pacific has placed an order for LR2 tankers at South Korea’s Daehan Shipbuilding. The Singapore joint venture between BW…
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DSME to complete debt-for-equity swap with bondholders next month
Financially troubled South Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) is expected to secure at least KRW800bn ($692m) in…
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APL ship hits Kaohsiung berth
An APL containership hit a berth in Kaohsiung Port when it was leaving the port this morning, leading to damages…
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Pillarstone moves to take control of RBD Armatori
Pillarstone Italy is poised to become main shareholder of the Naples-based shipping firm RBD Armatori. The KKR-controlled turnaround fund has…
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Japanese box shipping joint venture establishes corporate set-up
Six days later than planned Japan’s big three lines have managed to get both a holding and an operating company…
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Maersk expects to get back to normal operations by early next week
Maersk has said it anticipates container shipments to be back to normal by early next week as it gets back…
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GeoSea buys wind installation specialist A2Sea
Belgium’s GeoSea has bought wind installation specialist A2Sea from Dong Energy and Siemens. GeoSea, part of the Deme group, said…
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Christian Berg appointed CEO of GC Rieber Shipping
Norway’s GC Rieber Shipping has appointed Christian Berg as its new chief executive officer commencing mid-August 2017. Berg fills the role…
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Ocean Installer awarded Statoil contract
Offshore engineering contractor Ocean Installer has been awarded a contract by Statoil for subsea installations and tie-in operations on Johan…
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Navigator Holdings secures $160.8m loan facility
Handysize liquefied gas carriers operator Navigator Holding has entered into a secured facility agreement with a host of banks including…
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Fatal accident at Qingdao Wuchuan Heavy Industry
A major accident occurred at CSIC-affiliated Qingdao Wuchuan Heavy Industry killing one shipyard worker on Wednesday. According to Qingdao Administration…
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Total details delays resulting from tragic Samsung Heavy crane accident
Two significant projects underway for Total at Samsung Heavy Industries are facing delays in the wake of the tragic crane…
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SolstadFarstad finds work for CSV pair, extends AHTS with Statoil
Norway’s SolstadFarstad has announced new contracts for two construction support vessels and an extension for one of its anchor handling…
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Cantium buys shallow-water Gulf of Mexico assets from Chevron
Recently-formed oil and gas independent Cantium has bought a number of Gulf of Mexico assets from Chevron. The package includes…
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ACP takes feedback on proposed changes to Panama Canal toll structure
The Panama Canal Authority (ACP) announced it has held a public hearing into proposed modifications to the waterway’s tolls structure.…
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Irwin Marine Services: China repair expertise
Irwin Marine Services, a Shenzhen-based ship repair company serving the China market, is expanding with new business plans. David Schaus,…
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Yildirim looks to sell its 24% stake in CMA CGM
Turkey’s Yildirim Holding has hired China Citic Bank Corp to sell its 24% stake in the world’s third largest containerline,…
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FSL Trust issues ex-CEO Alan Hatton with writ of summons
Singapore shipping trust First Ship Lease Trust announced today that it has issued a writ of summons to its former…
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No uptick for chemical tankers for at least 12 months: Stolt-Nielsen
One of the best known names in the chemical tanker business sees no uptick in this sector for 12 months.…
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