Region
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Two workers die in accident at CSBC yard
Two workers died in an accident at CSBC’s Kaohsiung yard on Saturday afternoon while working on a semi-submersible heavy lift…
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Kogas selects Korea Line and Samsung Heavy for Jeju LNG project
Korea Gas Corporation (Kogas) has selected Korea Line Corporation and Samsung Heavy Industries to build and operate a pair of…
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Fast train to China
Shippers looking at cost, capacity limitations in peak periods, transit times and their environmental footprint are increasingly eyeing trains over…
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Gulf Energy tanker attacked by pirates in the Gulf of Aden
The Chinese navy is taking a very stern approach to piracy incidents off the Horn of Africa. When the oil…
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Brazil’s president denies $40m bribe claims in connection to Petrobras affair
Brazil’s national President Michel Temer has rejected accusations made in plea-bargain testimony that he was party to a $40m bribe,…
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‘Rolling like I’m inside a washing machine’: Terrifying account of the sinking of the Stellar Daisy
The two survivors of the sinking have related how the ore carrier sank very rapidly in a report seen by…
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DP World terminates concession deal with Port of Fujairah
Dubai-based port operator DP World has announced that it has reached an agreement with Port of Fujairah to terminate a…
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Bid to find partner for Pemex in shallow-water field delayed
Mexico’s National Hydrocarbons Commission (CNH), which regulates the oil industry, has postponed by three months the deadline by which state…
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Last three families of El Faro victims settle with Tote
Tote Maritime has settled the final outstanding wrongful death cases with families of El Faro crew members who were lost…
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DSME’s top bondholder and creditor finally find common ground to save the yard
A deal has been reached to save one of the world’s largest shipbuilders. Doubts had been growing this month that…
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Mario Cordero appointed to run port of Long Beach
Mario Cordero, a former Long Beach harbour commissioner and ex-head of the Federal Maritime Commission, has been tapped to run…
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Fire-hit MSC Daniela docks at Colombo port
Tracking data from MarineTraffic shows that the stricken 13,800 teu has moved to dock at Colombo International Container Terminal. A…
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Euronav VLCC grounds in Indonesia
A VLCC belonging to Euronav ran aground on Wednesday. The laden 299,445 dwt was en route to Ningbo in China…
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Three RBD Armatori ships sold at auction to Chinese interests
Three dry bulk carriers that formed part of RBD Armatori’s fleet have been sold in Italy to Chinese interests by…
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Pelayaran Tamarin Samudra plans May IPO
Indonesian offshore vessel operator Pelayaran Tamarin Samudra has announced a plan for its IPO on the Jakarta Stock Exchange. Pelayaran…
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Marco Polo Marine proposes debt restructuring
Singapore offshore vessel operator Marco Polo Marine has proposed a refinancing and debt restructuring exercise of all its current secured…
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Tidewater secures OSV contract from Sirius Petroleum
Sirius Petroleum has signed an offshore service vessel contract with Tidewater Marine International for a multi well campaign as part…
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Boskalis heads to IHC Merwede for new mega cutter
Royal Boskalis Westminster has placed a new order at IHC Merwede for a self-propelled mega cutter. The new vessel, a…
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China Merchants set to buy share of major Brazilian port
China Merchants Group (CMG) is closing in on completing the purchase of a 50% holding in Brazil’s second-largest container port,…
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PDVSA steps up fuel orders, fleet of vessels on the way
Venezuela’s state-owned oil firm Petroleos de Venezuela SA (PDVSA) has sharply stepped up its tendering for gasoline and other fuels,…
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