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LNG trio launch Gas4Sea marine fuel initiative
ENGIE, Mitsubishi Corp and NYK Line have launched Gas4Sea, through which they will jointly market the ship-to-ship supply of LNG…
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Aframax tanker on fire at Houston
Fire broke out onboard an aframax tanker berthed in the Deer Park area of the Houston Ship Channel early on…
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Norsepower: Sail solutions
Finland’s Norsepower is exhibiting at this week’s SMM fair in Hamburg, a show that has long championed green shipping. The…
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Offshore Heavy Transport tapped to ship Transocean Winner rig for scrapping
The UK’s Maritime and Coastguard Agency (MCA) has signed a contract with Norway’s Offshore Heavy Transport (OHT) to transport the…
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Hind Maritime takes Japanese handy
The taker of Yamamoto Kisen’s oldest ship that fetched $4.2m at the end of last week has been revealed in…
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Hanjin Shipping given ray of hope with capital promise
The Hanjin bankruptcy debacle continues to have plenty of twists and turns around the world. The South Korean prime minister,…
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Burnt German banks will not be back in strength in international ship finance
It is SMM time, with the shipping world descending on Hamburg for the huge event, which for me means it’s…
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Celsius takes KC Maritime rejects
Guangzhou Huangpu Shipbuilding looks like it has found a buyer for a pair of ultramaxes that Hong Kong’s KC Maritime…
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Former Pacific Basin handy trio finally separated
The final ship of a trio of 1997 Japanese-built handysizes formerly controlled by Hong Kong’s Pacific Basin has now been…
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Australian government seeking $91.54m in damages from reef grounding
A two-week court case has kicked off in Brisbane that could seriously harm the bottom line of the London P&I…
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New subsea firm Rovco awarded contract by UK Marine Trust
Rovco, a new subsea company officially launched yesterday with the announcement of its first contract. The UK-based company has secured…
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OHT secures Technip contract
Norwegian firm Offshore Heavy Transport (OHT) has been awarded a transportation services contract by Technip for the Hywind offshore wind…
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Almost 12,000 Petrobras staff take voluntary layoffs
Brazil’s state oil firm Petrobras saw a late rush of take-ups on its offer of voluntary layoffs to staff, with…
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Busan to get new repair yard
Busan, South Korea’s second city, will get a new sizeable ship repair facility. The government has outlined plans to build…
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CSCL invests in Jichai Power
China Shipping Container Lines (CSCL) has announced that it has signed an agreement with Jichai Power, an affiliate company of…
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Evacuated staff back at offshore Gulf of Mexico rigs after Hermine’s passing
By Monday all Gulf of Mexico offshore workers who had evacuated their rigs and platforms because of what became Hurricane…
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Baker Hughes cuts staff’s pay to stave off more job cuts
Baker Hughes, the oilfield services company that was forced to cancel a $25bn merger with Halliburton earlier this year, has…
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Yangzijiang Shipbuilding disposes of stake in marine systems company
Singapore-listed Chinese shipbuilder Yangzijiang Shipbuilding has disposed of its 20% equity interest in Jiangsu Hailan Marine Systems Technology for RMB29.5m…
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Jinhui Shipping sells bulker to Gelico Shipping
Oslo-listed Jinhui Shipping has entered into an agreement with Greek company Gelico Shipping to sell handymax bulker for $3.5m. The…
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DP World wins Somaliland port concession
Global container terminal network DP World have won a 30-year concession for the Port of Berbera in Somaliland, in which…
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