Region
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Another Alcyon capesize fixed on period charter
Greece’s Alcyon has fixed a second capesize bulk carrier on period charter in the space of two days, this time…
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Swiber group founder resigns ‘due to health reasons’
Raymond Kim Goh has resigned from his position as Vallianz Holdings’ chairman and executive director with immediate effect due to…
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Shipyard order sparks political debate in Malaysia
TH Heavy Engineering Berhad (THHE) has been awarded a RM740m ($181.3m) government contract to build three offshore patrol vessels (OPV)…
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Technip wins subsea contract with Woodside in Western Australia
Australian oil and gas producer Woodside has awarded Technip with the contract for development of its Greater Enfield Project in…
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Beijing tells shipping lines to streamline further or be liquidated
China’s state-run shipping scene, already massively different from 18 months ago, could be set for a further period of restructuring…
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Hyundai Heavy turns the corner, back in the black
The world’s largest shipbuilder looks to have turned the corner financially ahead of its Korean peers. Hyundai Heavy Industries today…
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‘We’ll not entertain the rate reduction’: Gerry Wang remains firm on Hanjin charters
Gerry Wang, the head of Seaspan Corp, has firmly reiterated his stance that he will not budge in charter renegotiations…
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New ReCAAP report details hijackings off the southern Philippines
In a special report out this week the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in…
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McDermott and N-KOM to cooperate on Qatar offshore projects
McDermott International and Nakilat-Keppel Offshore & Marine (N-KOM) have signed an exclusive five-year cooperation agreement to engage in offshore engineering, procurement,…
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NewLead ship auction to close another ugly chapter of crew neglect
The bulk carrier, arrested in Massachusetts in April, is set to be auctioned off on August 8, bringing to an…
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New contracts for Pangea Logistics Solutions
US dry bulk firm Pangaea Logistics Solutions has reported the expansion of a current contact of affreighment (COA) deal as…
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Gestion Maritime sells its oldest bulker
Monaco-based Gestion Maritime has sold the eldest bulk carrier in its fleet. According to some information coming from broker sources,…
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Precious sends 30-year-old handy for recycling
Precious Shipping is pressing ahead with plans to make its fleet younger, sending a 30-year-old handysize, , for scrap for…
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Penta-Ocean orders landmark vessel at JMU
Japan’s Penta-Ocean Construction has tapped compatriot Japan Marine United (JMU) to build the first domestically made self-elevating platform-type multi-purpose hoist…
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Deep Down seals $3m contract for Gulf of Mexico projects
Houston-based oilfield services company Deep Down has secured a contract worth $3m for work in the Gulf of Mexico. It…
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Houston Ship Channel temporarily closed after sulfur dioxide leak from Petrobras-owned refinery
A section of the Houston Ship Channel was closed to traffic for less than three hours after a sulfur dioxide…
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Louis Dreyfus takes capesize on timecharter as rates fall
Commodities giant Louis Dreyfus has fixed a capesize owned by Greece’s Alcyon on a four- to seven-month timecharter that shows…
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Yinson sells its non-oil and gas subsidiaries to Liannex at a snip
Malaysian offshore service provider Yinson Holdings has completed the sale of its non-oil and gas subsidiaries to Singapore’s Liannex Corporation…
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Viking Supply still negotiating with bondholders
Viking Supply Ships is still locked in negotiations with an ‘ad hoc’ committee of bondholders regarding proposed amendments to the agreement for its…
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Lamprell delays delivery of jack-up rig due to technical fault
Lamprell has delayed delivery of a jack-up drilling rig to an unnamed client because of a technical fault found in…
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