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NYK Line boxship slams into side of US destroyer, seven sailors missing
Seven US sailors are missing after the a US Navy destroyer collided with a 2,900 teu box ship around 56 nm off…
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Murphy Oil contracts Noble drillship for Gulf of Mexico work
Arkansas-based oil and gas exploration firm Murphy Oil has stepped in to contract Noble Corporation’s ultra deep-water drillship in July.…
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ExxonMobil gives green light to Liza oilfield development offshore Guyana
ExxonMobil on Friday announced it has made a final investment decision (FID) and will go ahead with developing the Liza…
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LA and Long Beach brace for another truckers strike
The ports of Long Beach and Los Angeles are bracing for yet another truckers strike on Monday. The Los Angeles…
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Wärtsilä and China’s coming maritime digital transformation
Chief correspondent Jason Jiang has been in Shanghai all week on a press tour with Wärtsilä. Below are his key…
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Asian Exim banks throwing good money after bad
Throwing good money after bad – that does seem to be the modus operandi of arguably the two most powerful…
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Odfjell takes five chemical resales for $200m and forms new pool with Georgiopoulos
Odfjell has signed a term sheet with Peter Georgiopoulos ‘s Chemical Transportation Group (CTG), to buy the last five of…
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Cosco diverting cargo to less environmentally stringent Long Beach, LA port boss claims
Cosco Shipping is diverting cargo away from the Port of Los Angeles to nearby rival Long Beach because of more…
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CGG files for bankruptcy protection
French geophysical services company CGG has moved to implement a pre-arranged restructuring, with the company filing for Sauvegarde (safeguard) proceedings…
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Maersk Oil IPO on the cards
Denmark’s A.P. Moller-Maersk will list its oil business in the coming months but has ditched plans to list other smaller…
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Qatar fixes regular direct calls with India
Qatar continues to strike new shipping arrangements in the wake of its sudden diplomatic isolation. With many Arab countries cutting…
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Regulations needed because of ‘bad apples’ within the industry: Sabrina Chao
Sabrina Chao has hit out at “bad apples” within shipping that need to be targeted by legislation. Interviewed for the…
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Statoil and Astomos studying the potential of LPG as a marine fuel
Could LPG make a late bid in the running as the next marine fuel? Two very big names in the…
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Korean government in dialogue with Hyundai Heavy to keep Gunsan yard open
The Korean government is looking into the closure of Hyundai Heavy’s Gunsan yard, trying to find a solution to keep…
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Precious ditches final ultramax at Taizhou Sanfu
In an announcement to the Thai stock exchange, Precious Shipping has revealed it has canned the last ship it had…
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FBI opens probe into false threat of ‘dirty bomb’ on Maersk ship in Port of Charleston
The Federal Bureau of Investigation (FBI) said on Thursday it is investigating the false threat of a so-called “dirty bomb”…
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Pacific Radiance wins $45m worth of new contracts
Singapore offshore vessel owner Pacific Radiance has secured new contracts worth a total of $45.3m including options. The contracts will…
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PDZ containership released by court
Malaysian owner PDZ Holdings has announced that Kuala Lumpur High Court has allowed the company’s application to uplift and set-aside…
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Shell terminates Noble rig early
Shell has exercised its right to early terminate the contract of Noble Corporation’s jack up rig according to Noble’s latest…
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Last four Taizhou Shipping bulkers sold at auction
Taizhou Shipping, the bankrupt subsidiary of Zhejiang Shipping Group, has sold the last four ships in its fleet via auction…
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