Region
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CSSC cheque is in the mail for bank IPO
China State Shipbuilding Corporation (CSSC), one of the two state run shipbuilding conglomerates in China, is going to support the…
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Siem Shipping pushes ahead with Oslo delisting
Siem Shipping is pushing ahead with its delisting, first mooted in May. Today it applied to the Oslo Stock Exchange…
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D’Amato di Navigazione moves a step closer to exiting shipowning
Naples-based D’Amato di Navigazione looks like it is ready to get rid of its last two ships in its fleet.…
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Shenzhen takes the lead in Pearl River ECA creation
The Port of Shenzhen is jumping the gun ahead of its neighbours in creating an emissions control area (ECA). The…
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USCG announces electronic fingerprint security for entry to high-risk ports
The US Coast Guard (USCG) has issued its new rules on seaport security, requiring electronically readable fingerprint identification for seamen…
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Monjasa secures $80m credit facility
Oil and shipping group Monjasa has been granted a credit facility of $80m by French bank Société Générale which it…
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BOEM offices picketed ahead of online auction for Gulf of Mexico leases
The US Bureau of Ocean Energy Management (BOEM) was picketed by green protesters at its offices in New Orleans, Louisiana,…
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TSC moves into offshore decommissioning business
Hong Kong-listed TSC Group has announced that it has entered into an agreement with Offshore CC FZE to form a…
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Zhengli Ocean Engineering orders semi-submersible vessel at Huangpu Wenchong
Fujian-based Zhengli Ocean Engineering has signed a shipbuilding contract with CSSC-affiliated Huangpu Wenchong Shipbuilding for the construction of a semi-submersible…
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Tankers slow to comply with new Panama Canal requirements
The full benefits of the new expanded Panama Canal will not be available to all very large oil tankers as…
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Maersk Supply sells two anchor handlers to Karadeniz
Maersk Supply has sold two of its anchor handling tug supply (AHTS) vessels to Karadeniz of Turkey. The sale price…
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World’s largest oil tanker booked on period charter
One of the world’s largest crude tankers by tonnage has been reported booked on period charter, according to brokers’ reports.…
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Sembcorp Marine buys out PPL Shipyard
Singapore’s Sembcorp Marine has signed a sale and purchase agreement to buy the remaining 15% stake it does not already…
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TEN’s latest tanker starts timecharter
A brand-new product tanker has been delivered to Tsakos Energy Navigation (TEN) from South Korea’s Sungdong shipyard and will immediately…
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MISC enters Thailand market with Chevron FSO deal
Malaysia’s MISC, via subsidiary MISC Offshore Floating Terminals, has signed a contract for the lease and operations of an FSO…
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Two lanes of Panama Canal locks shutting down this week for repairs
Two lanes of the Panama Canal locks are being shut this week for scheduled repairs which will last through to…
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Korea Line in for product tanker resales
Korea Line Corp is being tipped as the buyer of two 50,000 dwt product carriers being built at Korean controlled…
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Wilhelmsen targets offshore with Norwegian private equity tie-up
Some of the biggest names in Norwegian industry are battling it out for bargains in the nation’s distressed offshore sector.…
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Giant CMA CGM boxship suffers grounding off Southampton
One of the world’s largest boxships is being inspected for any damages following a brief grounding incident in the UK…
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Vafias pockets $7m from quick dry bulk asset play
Nicholas Vafias has completed a stealthy dry bulk asset play. The Vafias family controlled company had made a couple of…
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