Region
-
Striking port workers hold rally in front of Athens Stock Exchange
Striking port workers today protested in front of the Athens Stock Exchange where a meeting was taking place to rubber…
Read More » -
Price dominates as main reason shippers ditch carriers
Price, risk management and loss of trust are the three main reasons shippers give for switching container carriers, a survey…
Read More » -
HMM completes charter negotiations, readies boxship orders
Hyundai Merchant Marine (HMM) today announced that the company has reached a de facto agreement regarding its charter negotiations with…
Read More » -
CMA CGM takes control of NOL, shuffles the board
CMA CGM has taken majority control of Singapore’s Neptune Orient Lines (NOL, parent of boxline APL. NOL’s majority shareholders –…
Read More » -
Neopanamax makes history with first transit through expanded Panama Canal locks
The Panama Canal’s contracted vessel transited the new Atlantic-facing Agua Clara Locks yesterday. These transits, performed by the neopanamax dry…
Read More » -
Bumi Laut: Ready to order MPPs, but not on home soil
Athens: Senior management from one of Indonesia’s oldest shipping lines has been at Posidonia all week looking to order a…
Read More » -
Det norske and BP Norge merge
Det norske oljeselskap (Det norske) has entered into an agreement with BP to merge with BP Norge through a share…
Read More » -
Norseman Offshore files bankruptcy petition against Viking Supply Ships
Norseman Offshore has taken struggling Viking Supply Ships to court in Copenhagen. Norseman is the owner of the vessel which…
Read More » -
CSSC seals first FSRU deals at Posidonia
Brokers in Shanghai inform Splash that Hudong-Zhonghua Shipbuilding, part of state-run CSSC, has sealed a landmark order for two FSRUs…
Read More » -
Tsakos Energy Navigation in for Sungdong LR1s
Posidonia is finishing with more Greek ship orders. Sungdong Shipbuilding & Marine Engineering, exhibiting at the Greek show, has contracted…
Read More » -
Atlantic Navigation orders seven newbuilds to support Middle East charter deal
Singapore-listed Atlantic Navigation has place orders with a Chinese shipyard for seven newbuild offshore vessels to support five-year charters it…
Read More » -
New software estimates almost 40 capesizes are in lay-up
Software under development by MarineTraffic.com estimates that 37 capesize bulk carriers (6.6m dwt in total) are currently laid up around…
Read More » -
Frontline confirms Metrostar VLCC deal
John Fredriksen’s Frontline has confirmed a deal reported by Splash earlier in the week, acquiring four VLCCs from Metrostar Management…
Read More » -
Saipem secures drilling contracts worth $170m
Italy’s Saipem has announced a host of new drilling contracts and extensions worth a total of around €150m ($169.7m). Eni…
Read More » -
Solstad Offshore secures Technip vessel deal
Solstad Offshore has signed a frame agreement with Technip Norge and Technip UK for the supply of vessels for trenching, construction…
Read More » -
Draft restrictions lifted at Panama Canal
The Panama Canal Authority (ACP) announced on Thursday it is lifting all the draft restrictions that have been in play…
Read More » -
Shell Canada donates its Arctic exploration permits to conservancy charity
Shell Canada, the Canadian subsidiary of the Anglo-Dutch supermajor, on Wednesday donated its Arctic offshore oil exploration rights to the…
Read More » -
Miscommunication and pilot failure likeliest causes of Houston Ship Channel collision
The US National Transportation Safety Board (NTSB) has announced that the most likely cause of a ship collision last year…
Read More » -
Otto Marine bags Indonesian product tanker order
Singapore’s Otto Marine, currently the subject of a takeover bid from controlling shareholder Yaw Chee Siew, has secured a shipbuilding…
Read More » -
TMT unveils hybrid propulsion system that reduces need for ballast water
Today Makes Tomorrow (TMT) has unveiled its chairman Nobu Su’s latest invention: a hybrid propulsion system that aims to mitigate…
Read More »