Region
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Ultra Deep Solutions: The art of subsea
Shel Hutton: the man… the myth… the legend.” So gushes one contact of this dive veteran on LinkedIn, and indeed…
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Swiber Holdings under investigation
Swiber Holdings has announced that it has received a notice from Singapore’s Commercial Affairs Department that it is investigating an…
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Welding accident kills one, injures three
A worker was blown 60 metres to his death on the Indonesian island of Batam. A welding accident resulted in…
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China Ocean Industry takes over Nantong Huakai Heavy Industry
China shipbuilder China Ocean Industry has announced that it has entered an agreement to acquire Nantong Huakai Heavy Industry for…
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Stolt-Nielsen gets approvals for Jo Tankers acquisition
Stolt-Nielsen has received unconditional competition authority approval of the company’s previously announced plans to acquire the chemical tanker operations of…
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V.Group acquires Selandia Ship Management
V.Group has announced the acquisition of Indian ship manager Selandia as part of its strategy to grow its offering to…
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Genco disposes of Jinhui shares
Dry bulk shipping company Genco has sold its 8,345,641 shares in fellow dry bulk carrier Jinhui Shipping and Transportation. The…
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US offshore leasing plan expected to omit Arctic waters
Numerous news outlets reported on Wednesday that US President Barack Obama’s upcoming five-year plan for offshore leasing will omit rights…
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Gulf Marine Service secures European offshore contract
UAE-based offshore vessel operator Gulf Marine Services (GMS) has completed a deal for the charter of one of its vessels…
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Yuhua Energy acquires secondhand chemical tanker
Hong Kong-listed Yuhua Energy has entered into an agreement with Great Lakes Shipping Maritime for the acquisition of a chemical…
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Havila Shipping get extensions from Total and Statoil
Norway’s Havila Shipping has announced contract extensions from both Total and Statoil. Total E&P UK has extended the contract for…
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Seadrill secures credit facility extension
Seadrill has reached an agreement with lenders under the West Eminence Facility, along with the requisite majority of lenders under…
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Taipei outlines $1.76bn shipping rescue package
The government in Taiwan is lining up a multi-billion dollar rescue package for the local shipping scene. With intense consolidation…
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Reederei NSB: Panamax salvation?
The father and son in charge at Germany’s Reederei NSB are the cover stars of the latest issue of Maritime…
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Abis Shipping fleet up for auction
Dutch auction house BVA has set the end of the month for bids for 12 ships belonging to Dutch project…
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Rickmers misses interest payment, suspends shares
Rickmers Trust Management, the trustee-manager of Rickmers Maritime, says it is unable to pay an interest payment of S$4.26m ($3m)…
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Hyundai Heavy Industries confirms spilt
South Korea’s Hyundai Heavy Industries (HHI) said yesterday that it will split its non-shipbuilding businesses into separate companies to improve…
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Sembcorp Marine offloads stake in Cosco Shipyard
Singapore shipbuilder Sembcorp Marine has entered into a sale and purchase agreement with Cosco to dispose of its 30% equity…
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CTM revealed as MOL cape buyer
Monaco-based bulk giant CTM has emerged as the buyer of the MOL-controlled two-year-old capesize. Brokers had been banding around a…
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Rowan to stack drillship after Repsol terminates contract
Houston-based offshore drilling contractor Rowan on Tuesday said it has to warm stack one of its drillships after Spanish oil…
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