Region
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Shipbuilding output at least 30% above underlying demand: Stopford
News today that Beijing is looking to slimline its shipbuilding capacity further has been welcomed by one of the world’s…
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DSME accounting fraud: Senior management were paid bonuses totalling $420m
Investigators have revealed senior management paid out massive bonuses to each other during the period of acute accounting fraud from…
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Beijing to tighten shipyard regulation, reduce white list
China’s Ministry of Industry and Information Technology (MIIT) has released a bulletin asking for opinions on proposed new regulations for…
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V.Group: ‘Shipmanagers more relevant than ever’
“Shipmanagers are more relevant than ever right now,” argues the head of the world’s largest shipmanagement company in an exclusive…
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Pirate attack on a suezmax indicates possible ‘change of tactics’ in the Gulf of Guinea
The suezmax tanker Bouboulina was hit by pirates yesterday morning in the Gulf of Guinea to the southwest of the…
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Primorsk fleet sale approved
A bankruptcy judge in New York yesterday approved the $215m sale of Primorsk International Shipping fleet of nine ice class…
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Shareholders fight FMC Technologies
Scott+Scott, a US shareholder and consumer rights litigation firm, is investigating oil service equipment firm FMC Technologies. On March 28…
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BW Offshore awarded FPSO contract extension
BW Offshore has announced that CNR International (Cote D’Ivoire) has exercised the option to extend the fixed term on the…
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Prosafe amends and extends contract with Petrobras
Prosafe has announced that it has signed contract amendments and an extension with Petrobras Netherlands. The semi-submersible accommodation vessel Safe…
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Keppel secures new marine projects
Keppel Offshore & Marine has announced that its subsidiary yard Keppel Shipyard has secured four contracts worth a total of…
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Crew released after two years of detention in Nigeria
Eleven Indian seafarers have been reunited with their families after being imprisoned in Nigeria for two years. The tanker Maro…
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Complex challenges of mastering efficient shipping
Alexander Buchmann, CEO and founder of Hanseaticsoft, on the future of fleet management. Fleet management is a highly complex process,…
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Bill approved that would reduce Petrobras’ subsalt obligations
Brazil on Thursday moved an important step nearer removing state oil firm Petrobras’ monopoly rights on projects in the resource-rich…
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Saipem wins contract to develop ‘supergiant’ gas field in Egypt
Saipem has won the field development contract for the “supergiant” Zohr gas field, located in Egyptian waters in the Mediterranean…
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European shipowners call on EC to help strengthen free trade
A rise in trade protectionism worldwide has prompted European shipowners to call on the European Commission to set out a…
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Container lines have not breached competition law, says EC investigation
The European Commission (EC) has closed its formal investigation into leading container shipping lines, concluding there is no evidence the…
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Keppel and Shell form LNG bunkering joint venture in Singapore
A 50:50 joint-venture (JV) company has been formed between subsidiaries of Keppel Offshore & Marine and Royal Dutch Shell that…
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Gothenburg adds another rail link
Karlshamn is set to acquire a rail shuttle that will link the industrial base of southeast Sweden with the Port…
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North Korean shipowner hits out at sanctions
The owner of the North Korean ship Mu Du Bong has hit out at plans by Mexican authorities to scrap it.…
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K Line orders five tanker newbuilds
Japan’s K Line has placed orders with local yards for three VLCCs and two aframax tankers. The company has signed…
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