Region
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Cido sells boxship pair to Arkas
Hong Kong-based Cido Shipping has sold a pair of sub-3,000 teu boxships to Turkey’s Arkas Denizcilik. The fast expanding Turkish…
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Adani eyes Malaysian ports scene
India’s Adani Group has signed an MoU with Malaysia’s MMC Port Holdings with an eye to entering the Southeast Asian…
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Bjørkli stepping down at Nordic American Offshore
Tor-Øyvind Bjørkli is leaving his role of managing director at Nordic Amercian Offshore around mid-2017 after tendering his resignation. Bjørkli…
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Smart container inventor sets out to pioneer digital freight trains
Traxens, the Marseille firm best known for inventing the smart container, is turning its attention to a different mode of…
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BV shuffles management as it pursues digital strategy
Philippe Donche-Gay, president of French classification society Bureau Veritas, has been promoted to the role of senior executive vice president…
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Formosa Plastics orders MR tanker trio
CSSC Offshore Marine, formerly Guangzhou Shipyard International has received an order from Taiwanese owner Formosa Plastics Marine for three 50,000…
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HNA in the running to buy HSH Nordbank
China’s HNA Group and Apollo Global Management are among at least five potential names to have lodged preliminary bids for…
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Odfjell Drilling finds work for semi-sub
Norway’s Odfjell Drilling says it has received a letter of intent from an undisclosed party for the employment of semi-submersible…
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Canfornav takes Parakou handies
Canadian Forest Navigation (Canfornav) has bought a pair of sister laker ships – and Garganey – that it had been…
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Search efforts continue as 22 feared dead from VLOC sinking
The search continued on Sunday for survivors of the very large ore carrier which is believed to have sunk in…
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MOL boss rings the changes, vows to ‘reshape’ business portfolio
Speaking on the occasion of Mitsui OSK Lines’ 133rd anniversary, Junichiro Ikeda, the president and CEO of the shipping giant…
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Kawasaki Heavy to slash 30% of Japanese staff
Kawasaki Heavy Industries (KHI) is downsizing its shipbuilding and offshore structure operations in Japan by around 30% amid a protracted…
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Dealing with the fallout from EMAS and Ezra’s Chapter 11 filing
The latest victims of the prolonged downturn in the offshore, marine and oil and gas sectors, Singapore-based Ezra Holdings and…
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US judge rules in Keppel’s favour over Petrobras bribery links
A court in the US has thrown out a case linking Singapore’s Keppel Corporation to the massive bribery case that…
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Songa Bulk adds two more vessels, looks for further fleet growth
Having snapped up a pair of kamsarmaxes a week ago, Arne Blystad’s Songa Bulk has continued its rapid fleet build…
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Economou pounces for kamsarmax resale
George Economou has pounced for another bulker. Via Cardiff Marine, the Greek tycoon has taken an 82,000 dwt resale kamsarmax,…
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Mitsubishi Heavy to collaborate with Imabari and Namura
Mitsubishi Heavy Industries (MHI) has reached basic agreements with fellow Japanese yards Imabari Shipbuilding and Namura Shipbuilding in the wake…
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BW Offshore closes Abo FPSO extension
BW Offshore has finally agreed a long term extension for the lease and operation of FPSO with Nigerian Agip Exploration,…
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Yangzijiang Shipbuilding closes 13 new contracts in first quarter
Yangzijiang Shipbuilding says it has added 13 new shipbuilding contracts worth a total of $318m to its orderbook in the…
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VLOC sinks in the South Atlantic
A very large ore carrier (VLOC) belonging to South Korea’s Polaris Shipping is believed to have sunk off Uruguay. Crew…
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