Region
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Shipping warned over escalation of attacks in southern Red Sea
Ambrey Risk, a UK security consultancy, is warning of a step change in violence seen in waters in the southern…
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SD Standard Drilling continues to invest in PSVs
Norwegian offshore investment vehicle SD Standard Drilling has taken a 20% stake in PSV Opportunity II DIS. PSV Opportunity II…
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Coscocs establishes new shipbuilding entity
China Cosco Shipping Corportion (Coscocs) is establishing new shipbuilding entity China Cosco Shipping Heavy Industry to integrate its shipbuilding business,…
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Byzantine in for LR2s
Byzantine Maritime of Greece has come in for a one plus one order of LR2 tankers at South Korea’s Daehan…
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Furetank solves LNG supplies
German gas bunker supplier Bomin Linde LNG has signed a Letter of Intent (LOI) with the Swedish shipowner Furetank Rederi…
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Fundamentals of shipping are changing, warns Danish shipowners boss
At a press briefing this morning Anne Steffensen, director general of the Danish Shipowners’ Association, set the scene for the…
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RPG fired at gas ship off Yemen
A number of private security firms have confirmed to Splash that the laden Teekay LNG vessel was fired on by…
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Shanghai Shipyard to lay off 1,000 workers
CSSC-affiliated Shanghai Shipyard is going to lay off 1,000 employees by the end of this year, a source at the…
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Dong appoints J.P. Morgan to explore sale of oil and gas business
Denmark’s Dong Energy has confirmed the appointment of J.P. Morgan as it reviews options regarding the future of its oil…
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Huxley’s Mandarin fixes latest newbuild to X-Press Feeders
Hong Kong-based Mandarin Shipping has fixed its latest newbuilding, the 1, 700 teu , to X-Press Feeders for a period…
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Zosco puts four capesize bulkers up for sale
Chinese state-run shipping company Zhejiang Ocean Shipping (Zosco) has put four capsize bulkers for sale according to London-based shipbroker Galbraiths.…
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BW Dry Cargo takes another supramax
Fast developing BW Dry Cargo has paid $12m for another supramax. Founded by BW Group this April, BW Dry Cargo…
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Seacor makes $305m GulfMark approach
Seacor Holdings chief executive Charles Fabrikant has written to GulfMark Offshore chairman David Butters suggesting the pair merge. Seacor, which…
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Stena Drilling rig handed early termination by Statoil
Noway’s Statoil has announced a decision to cancel the contract for Stena Drilling semisubmersible rig . While the rig had…
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Saipem cutting a further 800 jobs across Europe
Italian oil and gas giant Saipem has unveiled a new three-year strategic plan designed to help the company face continued…
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NewLead’s Zolotas quits
Facing a barrage of court cases NewLead Holdings boss Michail Zolotas has resigned from his role as chairman, president and…
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Pacific Radiance fixes financial position
Under pressure Singapore OSV owner Pacific Radiance has won some important breathing space from creditors. The firm has announced it…
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MacGregor to slash global headcount
Around 260 staff working for ship equipment manufacturer MacGregor face the chop as parent Cargotec from Finland goes about a…
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IMO head makes case for lead role in cutting shipping emissions
Lim Kitack, secretary-general of the International Maritime Organization (IMO) made his position clear at the start of the crucial 70th…
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Aviation’s emissions pledge shot down
As shipping powers meet in London for the keenly contested MEPC70 at the IMO, another maritime CO2 debate was unfolding…
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