Region
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Online P&I Club comparison tool launched
Asian marine insurance firm Latitude Brokers has launched an online P&I Club comparison tool. Called Pilot, the software launches ahead…
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Jinling Shipyard selected to build ESL’s revolutionary bulkers
ESL Shipping and Sinotrans & CSC Shipbuilding Industry Corporation have agreed to assign building of ESL’s revolutionary LNG-fuelled bulk carriers…
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Mexico reveals firms pre-qualified for December auctions for JV drilling rights
Mexico’s oil industry regulator CNH (Comisio Nacional de Hidrocarburos) on Monday revealed the companies and consortiums that are pre-qualified to…
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New MPA Singapore chairman appointed
Singapore’s Ministry of Transport has announced the appointment of Niam Chiang Meng to the role of chairman of Maritime and…
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Bangladeshi order for three Yangzijiang tankers
Bangladesh can rank as one of Asia’s more aggressive shipping nations in terms of acquisitions in 2016. While most of…
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Maersk tipped to buy Hamburg Süd
The Wall Street Journal is reporting Maersk Line is lining up a bid for the world’s seventh largest containerline, Hamburg…
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Cautious optimism at Hong Kong dry bulk gathering
There was a mood of cautious optimism at today’s fifth annual SinoShip Dry Bulk Business Breakfast held in Hong Kong.…
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SPP Shipbuilding to close
South Korea’s SPP Shipbuilding, once one of the world’s foremost chemical carrier makers, will be shut down in late March…
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Investor comes to Globus Maritime’s rescue
The Greek dry bulk firm Globus Maritime will issue for gross proceeds of $5m, an aggregate of 5m shares of…
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Indonesian pirates handed lengthy prison sentences
Eight Indonesians were sentenced yesterday to between 15 and 18 years in prison by a Malaysian court for the hijacking…
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Currency restrictions hamper India breakers
Brokers report that the government crackdown on 500 and 1,000 rupee notes which are no longer legal tender is changing…
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Maersk Oil and DONG Energy hold merger discussions
Danish firms Maersk Oil and DONG Energy are in discussions to merge their oil and gas operations to create a…
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Havila Shipping avoids bankruptcy after bondholders approve restructuring
Norwegian offshore firm Havila Shipping has said that bondholders have agree to a restructuring, avoiding a potential bankruptcy which looked…
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Maersk Supply Service scores second North Sea decommissioning contract
Following a successful time during the Janice decommissioning project, Maersk Supply Service has secured a second contract with Maersk Oil…
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Rem Offshore sells off PSV
Rem Offshore has sold platform supply vessel to an unnamed “international customer” within the fishing industry. Rem says delivery of…
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Oetkers mull Hamburg Sud sale
The Wall Street Journal is reporting the Oetker family is considering selling its German containerline, Hamburg Sud. This is not…
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HSH Nordbank meets with potential buyers
Reuters is reporting that Germany’s HSH Nordbank has been in London meeting with potential buyers of the troubled German ship…
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Gulf Navigation vows to acquire a ‘huge fleet’
Having skirted with bankruptcy in recent years, Dubai’s Gulf Navigation has made a statement of intent over the weekend. In…
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Blystad in for supramax pair
Arne Blystad is off and running in his bid to become a serious bulker buyer. The Norwegian tycoon’s new dry…
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Four Hanjin tankers sold
South Korea’s Woori Bank has sold four tankers owned by endangered Hanjin Shipping for $58.6m to claw back some debt.…
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