Region
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New CEO appointed at Siem Offshore
Norwegian OSV operator Siem Offshore has announced that Idar Hillersøy has tendered his resignation as chief executive officer of the…
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OOCL takes the biggest boxship mantle
In consecutive months this year the world record for the largest boxship afloat has already been broken three times. The…
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Rickmers Maritime investor seeks injunction to stop fleet sale to Navios
Rickmers Maritime has revealed that on Friday it was served with a summons from individual noteholder Mr. Kwok Kian Tow…
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Clarkson shareholders hit out at Andi Case’s massive bonus payout
Shareholders in shipbroker Clarkson are not happy at the massive payouts to top management. The FTSE 250 company suffered an…
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Union Maritime’s MR charge continues with fourth acquisition this month
London-based Union Maritime is on an acquisitive charge. Brokers report it has taken another MR tanker, the Korean-built from Parakou.…
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Advantage Tankers makes products foray
Geneva-based Advantage Tankers has entered the products sector, taking a fleet of handies that were under bank control. Clarkson Research…
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Maersk Supply Service secures Culzean Project contract
Maersk Supply Service has secured a major contract from Maersk Oil UK to project manage the complete towing, mooring installation…
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Tidewater enters Chapter 11 as part of restructuring agreement
New Orleans-based offshore support vessel provider and some of its subsidiaries will file for Chapter 11 bankruptcy protection by May…
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Fire hits product tanker at Al Hamriyah port, Indian seafarer killed
An Indian seafarer has died after a fire broke out on a product tanker, identified as (AIS name Rojean), on…
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UMW secures jackup rig contracts from Petronas
Malaysian oil and gas contractor UMW Oil & Gas Corporation has announced that subsidiary UMW Offshore Drilling has been awarded…
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Madrid tries once again to pass port reform bill
The Spanish government passed a decree on Friday aimed at liberalising the country’s ports. This is the second time it…
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Canada to ban oil tankers from northern BC ports
Canada’s federal government is introducing a bill that will make law what has been an informal partial ban on crude…
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Olympic Shipping secures charters for VLCC duo
Greek owner Olympic Shipping and Management has fixed charter contracts for two VLCCs, including a newbuild currently under construction at…
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Marenave sells car carrier as part of restructuring
Cash strapped Hamburg owner Marenave has announced that it has entered into an agreement for the sale of its only…
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Bowled over again by poor crisis response
When it popped in my inbox it took a couple of watches to get my head around it. As I…
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Rickmers on edge as bondholders prove luke warm to restructuring plan
There’s just one more throw of the dice for beleagured Rickmers Group after bondholders failed to come out in force…
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Dry bulk sector has to absorb capacity surge as ships speed up
Slow steaming in the dry bulk is coming to an end, adding an alarming surge of capacity to a still…
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DOF Subsea eyes Oslo listing
DOF Subsea, which is currently 51% owned by DOF and 49% owned by a First Reserve fund, says that it…
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Video depicts port operations in the year 2060
Port equipment manufacturer Kalmar, part of Cargotec, has revised its vision for Port 2060 and is launching a new video…
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EGPN Bulk Carrier: Chinese line eyes capes
In late March a low profile mainland Chinese owner based in Hong Kong broke its cover taking a pair of…
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