Region
-
Captain’s relief turned to despair in Erin Wood accident off Peterhead
An urgent need for a pee likely led to a collision between a bunker barge and a general cargo vessel…
Read More » -
Vinalines to sell off shipyard asset
Vietnam’s state run Vietnam National Shipping Lines (Vinalines) has submitted its capital divestment plan for Vinalines Shipyard Company to the…
Read More » -
G3 to build $500m grain terminal at Port Metro Vancouver
Agribusiness firm G3 (Global Grain Group) has announced it will build a new grain terminal at Port Metro Vancouver in…
Read More » -
NACC in talks with Ningbo Xinle for cement carriers
Nova Algoma Cement Carriers (NACC), a 50/50 joint venture between Algoma Central Corporation and Nova Marine Holding, is in negotiations…
Read More » -
Petrobras denied appeal of injunction that blocks sale of two fields to Karoon Gas
Petrobras has been denied the chance to move forward with the sale of two offshore oilfields to Australian firm Karoon…
Read More » -
BW enters energy markets with Gabon oilfield investment
Andreas Sohmen-Pao’s BW Group has branched out again, this time entering the energy sector. BW Offshore has in partnership with…
Read More » -
Vopak to acquire Exmar FSRU business
Vopak has signed an agreement with Exmar for the acquisition of the Antwerp-based company’s FSRU business. Exmar currently owns and…
Read More » -
Wilhelmsen and Wallenius one step closer to merging jointly owned investments
Wilhelmsen and Wallenius have signed an agreement leading to a new ownership structure for their jointly owned investments in Wallenius…
Read More » -
Ernst Russ builds up stake in troubled Marenave
Troubled German line Marenave Schiffahrts has been given breathing space until January 27 by its creditors. Marenave has also revealed…
Read More » -
RBS reportedly finds buyers for some of its shipping portfolio
Reuters is reporting that a chunk of Royal Bank of Scotland’s (RBS) shipping portfolio is being sold to a mix…
Read More » -
Euroseas settles yard dispute, receives 38% discount on latest ultramax
Euroseas has fixed a dispute with an Asian shipyard and will now receive an ultramax bulker next year at a…
Read More » -
Diana Shipping seals new charters and newbuild price cut
Diana Shipping says it has negotiated amendments to contracts with China Shipbuilding Trading Company and Jiangnan Shipyard to reduce the…
Read More » -
Dry bulk operator Tranvast Holdings shuts down
Nanjing-based dry bulk shipping company Tranvast Holdings has made an announcement that the company has closed operations and will soon…
Read More » -
Petrobras to sell Total $2.2bn of assets including stakes in Subsalt oilfields
Brazil’s state oil firm Petrobras announced on Wednesday it has made a deal with Total to sell the French supermajor…
Read More » -
Gary Vogel joins Ship Finance International board
John Fredriksen’s Ship Finance International Limited has appointed Gary Vogel, the current chief executive of Eagle Bulk Shipping, to its…
Read More » -
Maritime & Merchant Bank launches
Maritime & Merchant Bank (M&M), a niche Norwegian bank for the shipping and offshore sector, opened its doors for business…
Read More » -
Aberdeen harbour expansion agreed
The Scottish port of Aberdeen is positioning itself to become a leading European hub for offshore decommissioning, a business that…
Read More » -
Figenschou tapped to lead Aurora LPG
Aurora LPG, fresh from being bought out by BW LPG, has appointed Aage Figenschou as its new CEO with immediate…
Read More » -
Noteholders reject Rickmers Trust restructuring
Rickmers Trust Management has revealed that holders of the trust’s S$100m 8.45% notes due next year have not agreed to…
Read More » -
Hanjin Shipping sells Long Beach terminal stake to MSC
Bankrupt Hanjin Shipping has signed a deal with MSC to sell its 54% stake in Total Terminals International, an operator…
Read More »