Region
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K Line contests Australian car carrier cartel claims
Japan’s Kawasaki Kisen Kaisha (K Line) has decided to fight criminal cartel charges it has been accused of in Australia.…
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Kyklades and Aza conclude second suezmax sale
Greece’s Kyklades Maritime Corp has completed its second suezmax sale to the same Indian owner in the space of just…
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Hunter Maritime Acquisition prices Nasdaq listing
Hunter Maritime Acquisition has announced the commencement of its initial public offering of 15m units at a price of $10.00…
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Eagle Bulk acquires resale bulker
Eagle Bulk Shipping has announced that it has acquired a resale 2017-build 64,000dwt ultramax dry bulk vessel under construction at…
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Downturn specialists
Hong Kong owners know when to snap up a bargain. Hong Kong shipowners know better than most how to take…
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Golar Power enters LNG supply contract with Qatar Petroleum
Golar Power has announced that it has signed a long-term LNG sale and purchase agreement between Qatar Petroleum’s affiliate, Ocean…
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Eidesvik gets work for laid up seismic pair
Norway’s Eidesvik has signed contracts with French seismic vessel operator CGG for the seismic vessels Vantage and Veritas Viking. The…
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Siem Offshore Contractors gets Trianel wind work
Siem Offshore Contractors has been awarded a contract by Trianel Windkraftwerk Borkum II for the supply and installation of the…
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Rolls-Royce and VTT team up to develop autonomous ships
The race to be top of the thought leadership chain when it comes to smart ships moved up a notch…
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Havila’s restructuring plan not popular
Troubled Havila Shipping has put pressure on unsecured bondholders and creditors holding out from approving its restructuring by warning in…
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Plaudits flood in as Hong Kong owners boss prepares to step down
It was officially announced today that Arthur Bowring, managing director of the Hong Kong Shipowners Association (HKSOA), is to step…
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HMM setback as Korea Line wins latest Hanjin bid
In another setback to Hyundai Merchant Marine’s (HMM) plans to bolster its fleet by picking up parts of the defunct…
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Fincantieri bids to take Vard private
Italian shipbuilder Fincantieri has launched an offer for the shares of Vard Holdings that it doesn’t already own in a…
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Banchero: ‘It’s time to invest in dry bulk carriers’
The dry bulk market is ready to rebound. “Looking at the historical trend of the asset values and freight rates…
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Berlian Laju takes Thenamaris aframax
After much speculation among brokers in recent weeks Clarksons Research is finally able to reveal that Indonesia’s Berlian Laju Tankers…
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X-Press Feeders boxship runs aground in Rotterdam
A 868 teu containership owned by Singapore’s X-Press Feeders ran aground in Rotterdam yesterday morning around 7:30am local time. The…
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Fortescue secures $473m VLOC financing from China Development Bank
Australian miner Fortescue Metals Group has completed a $473m financing agreement with China Development Bank to fund the ongoing construction…
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Hong Kong is attracting more owners
As a cub reporter starting out covering the shipping industry 16 years ago in Hong Kong I knew next to…
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Pakistani PM inaugurates China-Pakistan Economic Corridor
Pakistan’s prime minister Nawaz Sharif was on hand yesterday to inaugurate a trade route linking southwestern Gwadar port to the…
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SK Shipping offloads supramax
SK Shipping of South Korea has sold a Dolphin 57 design bulker to Strategic Bulk Carriers, part of M.T. Maritime…
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