Region
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Jinhui Shipping continues bulker sell-off
Jinhui Shipping and Transportation has disposed of 2012-built handysize vessel for $15m. Jinhui said it considers the sale a “favourable…
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Total and Pavilion to offer LNG bunkering from Singapore
Total Marine Fuels Global Solutions and Pavilion Gas have signed a Memorandum of Understanding (MoU) on LNG bunkering cooperation in…
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Polaris under fire for slow response to VLOC’s disappearance
The search for the missing VLOC and 22 out of its 24 crew continues with more ships drafted in to…
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Fourth Somali pirate incident in three weeks puts shipping on high alert
Somali pirates are clearly targeting smaller vessels as hijackings off the Horn of Africa pick up dramatically. A Pakistani vessel,…
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14,000 teu MSC vessel on fire off Colombo
The Indian navy has been drafted in to help Sri Lankan authorities fight a huge fire that erupted late last…
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Seanergy acquires secondhand capesize
Greek dry bulk owner Seanergy Maritime Holdings has entered into an agreement to acquire a 2012-built capesize vessel. The 179,213…
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Statoil signs up Transocean semi-submerible
Norwegian energy giant Statoil has announced that the company and its license partners have decided to have decided to use…
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Icon Offshore secures PSV contract from Halliburton
Malaysian OSV operator Icon Offshore has been awarded a contract by Halliburton Energy Services for the provision of a platform…
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Vantage Drilling gets jackup extension from CPOC
Vantage Drilling jackup rig has been awarded a nine-month extension by Carigali-PTTEP Operating Company (CPOC) for operations in Malaysia and…
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Brightwell Payments: Cashing in on card flexibility
Shipowners and managers looking to save costs wherever possible in today’s tricky trading environment should think about changing the way…
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Lloyd’s Register buys into Hanseaticsoft in bid to deliver shipping 4.0
British classification society Lloyd’s Register (LR) has made a “significant investment” in Hamburg-based ship management software provider Hanseaticsoft. Hanseaticsoft provides…
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KS Drilling finds Vietnam work for jackup
Singapore offshore firm KS Energy has announced that subsidiary KS Drilling has been awarded a contract for jackup rig .…
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Uljanik Plovidba makes gas move
Croatian owner Uljanik Plovidba is teaming up with Cyprus-based ECTA Caspian to form a joint venture looking to ship LNG…
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Tsakos’s latest product buy illustrates declining asset prices in the sector
Tsakos Group’s acquisition of the product tanker illustrates well the declining asset value in the sector. The Greek owner is…
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Driftwood LNG project moves a step closer
Tellurian’s wholly owned subsidiaries, Driftwood LNG and Driftwood Pipeline have completed the pre-filing phase and collectively submitted a formal application…
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Shareholders the biggest losers as Seadrill prepares for Chapter 11
John Fredriksen’s Seadrill says that it is preparing to implement a restructuring plan which will likely involve schemes of arrangement…
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Hopes fade in search mission for missing Stellar Daisy crew
The two rescued survivors of the VLOC , which apparently sank in the South Atlantic on Friday, have told their…
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DryShips seals new Kalani deal, moves to acquire six more vessels
George Economou’s DryShips has gone back to its favourite source of finance, the little-known Kalani Investments, who have agreed to…
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Eimskip takeover of Nor Lines blocked by competition authority
The Norwegian Competition Authority has decided to prohibit Icelandic shippowner Eimskip from acquiring Norway’s Nor Lines. The authority said the…
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Wilhelmsen and Wallenius complete deal to form Wallenius Wilhelmsen Logistics
Wilhelmsen and Wallenius have completed a merger deal leading to a new ownership structure for their jointly owned investments in Wallenius…
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