Region
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Hanjin court verdict delayed to February
Hanjin Shipping’s fate will now be decided in February rather than December as originally planned. The Korean line, which sought…
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Deep Sea Supply layups continue, 54% of fleet out of action
John Frediksen’s offshore support vessel firm Deep Sea Supply now has 20 vessels laid up, more than half its fleet.…
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Norden: Fleet rejig
At his latest quarterly results, Jan Rindbo, CEO of Denmark’s Norden, was honest, saying the $12m loss over the three-month…
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Oil smuggling caused tragic Gadani fire
The tragic Gadani fire on a beached tanker that claimed many lives on November took place due to smuggling of…
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Business rivalry cited in slaying of Indian stevedore boss
Police firmly believe that a business rivalry between stevedoring companies at the port of Odisha was the reason behind the…
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Shandong Offshore orders three decommissioning vessels at CIMC Raffles
Shandong Offshore subsidiary Shandong Twin Marine has signed shipbuilding contracts with CIMC Raffles for the construction of three semi-submersible vessels.…
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GC Rieber Shipping secures West Africa charter
GC Rieber Shipping has entered into a time charter agreement with Marine Platforms Limited in West Africa for subsea construction…
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Dry bulk spark
China’s electricity production surge is of great significance, according to Jeffrey Landsberg from Commodore Research. China’s economy has been on…
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From the editor’s chair to seat 37C, destination Hong Kong
I’ve been a tad distracted from the normal hustle bustle of daily shipping news reporting the past 10 days or…
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DryShips to raise $100m via direct offering
DryShips has entered into a securities purchase agreement with Kalani Investments, for the sale of a series of newly designated…
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Siem Offshore Contractors awarded wind farm contract
Siem Offshore Contractors (SOC), a wholly owned subsidiary of Siem Offshore, has been awarded a contract for the transport and…
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Xodus secures FEED contract from Black Sea Oil & Gas
Offshore integrated services company Xodus has been awarded a contract by Black Sea Oil & Gas for the front end…
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NYK and Macquarie invest in Maher Terminals
Nippon Yusen Kaisha (NYK) and Macquarie are taking a 20% stake in Maher Terminals, a company that operates a terminal…
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Sirius Petroleum signs financing contract with COSL Drilling
Oil and gas exploration investment company Sirius Petroleum has announced that it has entered into a key vendor financed offshore…
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General cargo ship badly damaged by fire while laid-up in Colombian port
The general cargo ship Casanova (1,450 dwt, built 1975) has gone up in flames while laid up for maintenance work in…
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EMGS secures Malaysian contract extension
Electromagnetic Geoservices has confirmed that it has entered into a firm contract extension with an oil company in Malaysia. The…
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Legal spats proliferate for Swissco
Swissco Holdings, which entered interim judicial management earlier this week, has seen claims against it mount. Fellow Singapore offshore operator…
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Paul Slater returns to Qorval, vows to shake up shipping restructuring
Renowned ship finance expert Paul Slater is returning to restructuring firm Qorval. The company has formed Qorval Marine, which Slater…
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Trump in a different light
There has been so much knee jerk, doom and gloom drudgery written in the days following the election of Donald…
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Rolls-Royce prepares further dramatic cuts to its marine division
Rolls-Royce Holdings is preparing to further slim down its marine side of the business, its ceo said yesterday. Warren East…
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