Region
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Empire Navigation buys three bulkers
Greece’s Empire Navigation has been busy in the S&P markets with three ship acquisitions in the past week coming to…
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LT Ugland orders five bulkers at Tsuneishi Zhoushan
Isle of Man owner LT Ugland has placed orders at Tsuneishi Zhoushan Shipbuilding for the construction of five 63,000dwt bulk…
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Aframax prices slide
Clarksons Research has news of the swift downward pressure on aframax tanker prices. The eight-year-old was sold last week by…
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CSCL changes direction, to be named Cosco Shipping Development
China Shipping Container Lines (CSCL) has announced that the board has proposed to change the company’s name to Cosco Shipping…
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British government lobbied as Seaman Guard Ohio crew spend 1,000 days in jail
The Mission to Seafarers and families of the British guards of the anti-piracy vessel the MV Seaman Guard Ohio, who…
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Semisubmersible barge hits Keelung wharf
Semisubmersible transport barge Giant 6 hit a wharf at CSBC’s Keelung Shipyard yesterday around noon. The barge, owned by Dutch…
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Yang Ming sets up in Spain
Taiwanese liner Yang Ming Marine Transport has announced that it has established a subsidiary Yang Ming (Spain) to expand in…
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Ningbo Merchant Shipping bulker to be auctioned
Ningbo Maritime Court has announced that it will auction Ningbo Merchant Shipping’s bulk carrier on online platform taobao.com on August…
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Hyundai Merchant Marine stakes claim to Middle East mastery
South Korean containerline Hyundai Merchant Marine (HMM) has announced today that it expects to have the largest market share in…
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Rowan seals multiple rig contract extensions
Rowan Companies has reported a series of contract extensions in its latest fleet status report. Drillship Rowan Resolute has received…
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EMAS Offshore sells shares in PV Keez FPSO
EMAS Offshore Production Service (Vietnam) (EOPS), a fully owned subsidiary of EMAS, and Ezra Holdings Limited, the holding company of…
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EIA says expanded Panama Canal a boon to US LNG exports
The enhanced Panama Canal is going to be a boon for US liquefied natural gas (LNG) exports to Asian markets…
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Vale sells three VLOCs to group led by China’s ICBC
Brazil’s mining giant Vale has agreed to sell three of its Valemax bulkers to a group of buyers led by…
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UK Chamber: Brexit presents an ‘unprecedented lobbying opportunity’
The CEO of the UK Chamber of Shipping has said the next two years will be a great time for…
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Marenave Schiffahrts must start repaying ship loans again
Eight of Marenave Schiffahrts’ single-ship companies must begin making repayments to their banks, following the expiry of a six-month extension…
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Pemex seeking partners to help run its inefficient oil refineries
Pemex, Mexico’s state oil firm with extensive offshore production interests, is in talks with several investment banks about how to…
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Families agree undisclosed settlement in Black Elk rig disaster case
Families of victims of the 2012 explosion and fire on the Black Elk rig in the Gulf of Mexico, have…
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Alpha Completions Group wins Gulf of Mexico contract with Hess
Houston-based oil services company Alpha Completions Group has landed a contract with New York-based driller Hess Corp for work on…
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Head of dry cargo at Norden quits to join XO Shipping
Ejner Bonderup has resigned as Norden’s executive vice-president and head of its dry cargo department in order to join Denmark’s…
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SSY and Carnegie form ship finance joint venture
London-based shipbroker Simpson Spence Young (SSY) has formed SSY Carnegie LLP, a joint venture (JV) with Nordic investment bank Carnegie…
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