Region
-
Record breaking ethane carrier delivered
Yesterday saw Japan’s Mitsui OSK Lines (MOL) take delivery of a revolutionary very large ethane carrier from Samsung Heavy Industries.…
Read More » -
Ezra noteholders approve waivers
Ezra Holdings has been given some breathing space by noteholders of its S$150m notes due in April, who approved a…
Read More » -
Bibby Offshore wins Shell subsea work
Bibby Offshore has been awarded a second contract from Shell to provide inspection services on assets in the Corrib Natural…
Read More » -
MOL takes product tanker
In an all Japanese deal Shoei Kisen, the shipowing sister firm of Imabari Shipbuilding, has sold a nine-year-old product tanker…
Read More » -
Prosafe to acquire newbuilds from Axis Offshore
Prosafe has entered into a letter of intent with Axis Offshore for the potential acquisition of two single purpose newbuild…
Read More » -
KrisEnergy reduces working interest in Aceh block
Singapore’s KrisEnergy has announced that it has reduced its working interest in the Block A Aceh production sharing contract to…
Read More » -
Ports of LA and Long Beach to expand clean-air initiatives
The governing boards of the ports of Los Angeles and Long Beach, the busiest two container ports in the US,…
Read More » -
Farewell, the Gutenberg Galaxy; hello, the Zuckerberg Zoo
Today the world has seen the end of two centuries of Anglo-Saxon dominance – a hundred years of Britain, from…
Read More » -
Kosmos Energy reduces stake in blocks offshore Sao Tome
Dallas-based Kosmos Energy has agreed to farm out to Portuguese firm Galp Energia, portions of its stakes in three blocks…
Read More » -
Supersized crane damaged ahead of commissioning at Port of Charleston
A $27m supersized cargo crane was damaged ahead of its official commissioning ceremony at the Port of Charleston, South Carolina,…
Read More » -
IMC sells kamsarmax for $12.8m
The Tsao family controlled IMC has offloaded a 2012-built kamsarmax, according to broking sources. Greek owner Kassian Maritime Navigation is…
Read More » -
Havila reveals restructuring details
Norwegian OSV operator Havila Shipping has revealed details of a restructuring plan supported by bank lenders and Havila Holding, its…
Read More » -
Great Eastern pounces for aframax pair
India’s Great Eastern Shipping has pounced for a pair of aframaxes. In a filing to the local stock exchange in…
Read More » -
Maersk’s latest EEEs larger than reported at more than 20,000 teu each
“The only way to tell the real capacity of a Maersk ship is to count the boxes on their Christmas…
Read More » -
Noteholders fail to agree Rickmers Trust Management’s restructuring plans
Embattled Rickmers Trust Management (RTM) suffered another reversal today in Singapore with noteholders today failing to agree to pass an…
Read More » -
Board exodus continues at FSL in protest of CFO appointment
Another director has quit beleaguered First Ship Lease Trust over the appointment this September of a new cfo. Simon Davidson,…
Read More » -
Bank of Ireland exiting shipping
Banks yanking their shipping portfolios continue apace. Bank of Ireland has become the latest to announce it will exit the…
Read More » -
Top management quits Ningbo Marine
Chinese dry bulk shipping company Ningbo Marine has announced that Chen Dongming, president of the company and Fang Peng, vice…
Read More » -
SGX completes Baltic takeover
One of shipping’s most prestigious institutions is now officially in Singapore hands. The Singapore Exchange (SGX) has announced it has…
Read More » -
Dong Energy confirms oil and gas exit
Danish energy major Dong Energy has confirmed its exit from the oil and gas business, having recently appointed J.P. Morgan…
Read More »