Region
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Shipping the Zika virus around the world
Videotel has produced a video and companion digital workbook on the dangers of this growing virus. Fleet owners, shipmanagers, masters:…
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TAS Offshore secures order for tug duo
Malaysian shipbuilder TAS Offshore has announced has secured two contracts for the sale of 2 harbour tugs. The vessels were…
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Vessel capsizes in Valetta harbour after allision with K Line ship
A fish farm vessel capsized in Grand Harbor in Valetta, Malta after being hit by a K Line heavy-lift vessel,…
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Briese and Auerbach join forces
Germany’s Briese and Auerbach shipping companies have formed a strategic alliance to mitigate the downturn. Both companies will cooperate more…
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DOF repurchases bonds, fixes vessels
Oslo-listed DOF has completed the issue of new equity and a bond loan, which represent the first steps of its…
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NewLead bulker sold at auction
NewLead Holdings’ disputed bulk carrier has been sold at action in the US for $7.4m to Singapore’s MT Maritime Management.…
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Russia invites China to invest in its shipyards
Russia has invited China to invest in shipbuilding facilities in the Far East of the country, reports say. “We are…
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DSME’s 2015 loss was bigger than it reported, investigation finds
Financial authorities in South Korea have found that the operating loss posted by Daewoo Shipbuilding & Marine Engineering (DSME) in…
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DBS Bank boss warns of offshore ‘contagion’ following Swiber’s demise
The bank with the biggest exposure to the decline and fall of Swiber Holdings has warned of more pain spreading…
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Wood Group braces for more North Sea rig strikes
Two UK trade unions have announced the dates for further strike actions taken against Wood Group on rigs in the…
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SGX and the Baltic: a passing of the baton
Living in China for much of this century I always recall how much the locals liked Singaporean delegations coming to…
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Cyprus Maritime Academy: ‘Bridging a gap between education, science and industry’
The Cyprus Maritime Academy, part of the University of Nicosia, is promising to help fill the global officer shortage and…
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MMC IPO reportedly on the cards
Dow Jones is reporting Malaysian tycoon Syed Mokhtar Al-Bukary is planning an IPO of his port assets to raise at…
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Winson takes second V-Max from Gener8 Maritime
Winson Shipping is doubling its VLCC fleet size, adding its second ship in less than a month brokers tell Splash.…
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Guoyu Shipbuilding looks to resume operations after settling with workers
Guoyu Shipbuilding looks to resume operations after settling with workers Financially troubled Yangzhou Guoyu Shipbuilding has reached a settlement agreement…
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Transocean rig runs aground off Scottish island
The drilling rig ran aground off the island of Lewis in Scotland yesterday after its tow line with a tug…
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Paragon Offshore gets agreement in principle for revised restructuring plan
Bankrupt Paragon Offshore’s revised restructuring plan has been agreed in principle with its bondholders and banks, which removes the first…
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China Shipping Haisheng offloads shipping business
China Shipping Haisheng has announced that the board of the company has approved a proposal to sell all of its…
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Petrobras penalised for unfair practices in gas distribution
Brazil’s anti-trust regulator Cade (Administrative Council for Economic Defence) has recommended penalising the country’s troubled state oil firm Petrobras for…
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Sino-Global Shipping America regains Nasdaq compliance
Sino-Global Shipping America has regained its Nasdaq compliance, which had been in jeopardy because of the low price of its…
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