Region
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Yang Ming’s massive loss prompts recapitalisation concerns
With troubled Taiwanese containerline Yang Ming Marine Transport reporting a doubling of its net loss for 2016 yesterday, speculation is…
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Autonomous ship regulation ‘a bigger challenge than the technology’
Likely upcoming remote-controlled vessels and Maritime Autonomous Surface Ships (MASS) will force all members of the maritime sector and maritime…
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As pressure mounts, DSME CEO vows ‘bone-crushing’ reforms
Court receivership cannot be ruled out for Daewoo Shipbuilding & Marine Engineering (DSME), one of South Korea’s top shipyards, as…
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Aker Solutions acquires Reinertsen
Norwegian offshore engineering service provider Aker Solutions has agreed to acquire oil services provider Reinertsen to further expand its offshore…
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Algoship: Dual-fuel bulkers
The Seatransporter-DF, a dual-fuel design concept developed by Algoship Designers of Nassau in the Bahamas received approval in principle (AIP)…
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Cochin Shipyard’s IPO attracts protests
Trade unions in India are gearing up for a series of protests taking aim at the government’s plans to sell…
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Vinalines to auction off shipyard assets
Vietnam National Shipping Lines (Vinalines) is going to sell its entire 88.6 percent stake in Vinalines Shipyard Company via an…
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MOL buys into Malaysian logistics outfit
Mitsui OSK Lines (MOL) has bought a 20.9% stake in Malaysian firm, PKT Logistics. PKT provides end-to-end logistics solutions, has…
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Diligent stays loyal to Japanese hulls
Greek owner Diligent Holdings has added its first handysize bulker acquisition this year after taking a five month break. Last…
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Ezra Chapter 11: Who was watching the watchmen?
Julie O’Connor has long campaigned for greater transparency among Singapore-listed entities. With Ezra Holdings filing for Chapter 11, she looks…
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FMC commissioner gives backing to HMM alliance with 2M
The commissioner of the US Federal Maritime Commission (FMC) has issued a statement of support for the strategic alliance announced…
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Crude spill from pipeline near Venezuela’s main oil export terminal
A rupture in a pipeline caused a crude oil spill at Venezuela’s main terminal but the state oil and gas…
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Trump signs executive order ditching many clean air requirements on energy sector
As promised a day previously, US President Donald Trump on Tuesday unveiled an energy policy executive order that rolls back…
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GE Ventures pumps $25m into Freightos
Freightos, the online logistics technology company, today announced the completion of a $25m Series B extension round, led by GE…
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Titan Petrochemicals acquires EMS Energy shares to fund shipyard construction
Hong Kong-listed Titan Petrochemicals Group has announced that it has entered into a memorandum of understanding (MOU) with Singapore’s EMS…
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Dirty Korean bulker allowed back into New Zealand
The , a bulk carrier controlled by South Korea’s Dae Lim, is back in New Zealand after an embarrassing expulsion…
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Wilmar takes supramax pair for $19m
Singapore-based Wilmar International has snapped up a pair of supramax bulkers for just $19m en bloc. Hellenic Star Shipping has…
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Jiangsu to merge port assets
Two listed port companies in China’s Jiangsu province, Nanjing Port and Lianyungang Port, have announced that they have received a…
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CEO of Japan’s second largest shipbuilder announces restructuring, takes swipe at Korean rivals
The CEO of Japan Marine United (JMU), the second largest yard in the nation, has announced a restructuring, as well…
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Hapag-Lloyd’s merger with UASC reportedly being held up by Qatari sovereign wealth fund
Qatar’s intransigence over its commitment to containerline United Arab Shipping Company (UASC) is believed to be holding up the complex…
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