Region
-
Dutch managers join forces
Clearwater Group Ship Management will be joining forces with Rotterdam-based 24Vision effective from November 14. “This partnership focuses on enhancing…
Read More » -
Heerema Fabrications Group to cut 450 jobs
Dutch offshore EPC contractor Heerema Fabrications Group is set to lay off hundreds of workers as part of a reorganisation…
Read More » -
Chowgule Steamship sells young handy
Mumbai-listed bulker specialist Chowgule Steamship has fetched around $16m for its youngest ship, a 34,900 dwt bulker, named , sources…
Read More » -
Navig8 Chemical Tankers secures $54.3m loan for newbuild pair
Navig8 Chemical Tankers has entered into a $54.3m secured loan facility, to finance the last two of the company’s 25,000dwt …
Read More » -
Diana Shipping cancels bulker at Dayang Shipbuilding
Greek owner Diana Shipping has cancelled a shipbuilding contract with Yangzhou Dayang Shipbuilding and Shanghai Sinopacific International Trade with respect…
Read More » -
YPF and Statoil team up to study possible drilling sites off Argentina
Argentinian energy company Yacimientos Petroliferos Fiscales (YPF) has signed a deal with Norwegian multinational Statoil to team up in studying…
Read More » -
US West Coast dockworker contract extension talks cut short
The Pacific Maritime Association (PMA) and the International Longshore and Warehouse Union (ILWU) postponed the scheduled second day of contract…
Read More » -
Petrobras moves to limit damage from investors’ class-action case
Lawyers for troubled Brazilian oil company Petrobras on Wednesday asked the Second Circuit Court of Appeals in New York to…
Read More » -
Keppel comes to KrisEnergy’s rescue
Keppel Corp is coming to the rescue of endangered KrisEnergy, taking its stake in the restructuring firm to 67.33% via…
Read More » -
MISC in $245m court spat with Shell
MISC, Malaysia’s energy shipping giant, has revealed details of a $245m court spat with Shell. GKL, an MISC subsidiary, is…
Read More » -
Dire safety conditions revealed in wake of Gadani fire as death toll feared to surpass 100
A fire, which has now killed at least 21 people, is still raging at Pakistan’s Gadani ship recycling area with…
Read More » -
Ocean Alliance sets out its stall
The members of the Ocean Alliance which launches next April have outlined their global network plans. Cosco Shipping, CMA CGM,…
Read More » -
Bourbon Offshore stacks another 14 vessels
France’s Bourbon Offshore has stacked an additional 14 vessels during the last quarter according to its third quarter results. Bourbon…
Read More » -
Norway gets a new liner company
Northern Europe has a new container liner. Alphaliner reports Norwegian logistics firm ColliCare will start a regular liner service between…
Read More » -
Eimskip acquires Nor Lines
Icelandic shipping firm Eimskip has announced that it has entered into an agreement to acquire the Norwegian shipping and logistics…
Read More » -
DSME will make more cuts as order slump worse than anticipated
Admitting it will fall well short of its annual sales target, under pressure Korean yard Daewoo Shipbuilding & Marine Engineering…
Read More » -
Balthellas Chartering takes $10.7m kamsarmax
Low key Balthellas Chartering has made a move into the secondhand market. Sources say the Greek venture has picked up…
Read More » -
Jawar Al Khaleej Shipping orders three at Damen
Damen Shipyards Group has announced the singing of a contract with Jawar Al Khaleej Shipping (JAK) for the supply of…
Read More » -
N-Sea takes Siem vessel on charter
Dutch subsea services provider N-Sea has taken Siem Offshore’s 2013-built subsea construction vessel on a long-term charter. No details on…
Read More » -
TraPac expansion at Oakland given the nod
The US Board of Port Commissioners has given the OK for container terminal operator TraPac to go ahead with a…
Read More »