Region
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Ulsan chosen to print ships
How soon till a ship comes hot off the press? Ulsan, the Korean industrial city where Hyundai Heavy Industries is…
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D’Amico refuses first supramax delivery from Yangfan
The last supramax bulk carrier built by China’s Yangfan and renamed has been sold to Korea Line because d’Amico Società…
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Bangladeshi bulker player linked to first tanker buy
Chittagong-based SR Shipping has been linked to its first tanker as it continues its bargain basement hunt for cheap tonnage.…
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London Marathon run raises £5,000 for Sailor’s Society
Belatedly (rather like my running) I am pleased to report that my fiancée, Eliza, and I crossed the finishing line…
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V.Ships Offshore awarded ship management contract by Fortress
V.Group has announced that its subsidiary, V.Ships Offshore, has secured a ship management contract from Fortress Transportation and Infrastructure Investors…
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Keppel suspends work on Sete Brasil rigs
Singapore shipbuilder Keppel Corporation has suspended work on rig ordered by Sete Brasil, after the Brazilian company’s shareholders approved a…
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El Faro’s VDR located by search team
More than six months after the cargo ship El Faro sank off the Bahamas with the loss of all 33…
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Edda Accommodation cancels newbuilding
Edda Accommodation, part of Østensjø Rederi, has cancelled its shipbuilding contract for the accommodation vessel newbuilding Edda Fortis (pictured). The ship…
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POSH AHTSs win more work in the Middle East
Eight vessels owned by PACC Offshore Services Holdings (POSH) have won contracts worth a combined $167.5m from an unnamed Middle Eastern…
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Malaysian Bulk Carriers gets coal COA
Malaysian Bulk Carriers (MBC) has won a 15-year contract of affrieghtment (COA) worth RM563m ($143.5m) from compatriot company TNB Fuel…
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Harkand dive support vessels receive bareboat charter terminations
Oslo-listed Harkand Finance and its bond trustee Nordic Trustee have agreed to terminate the bareboat charters of two of Harkand’s…
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Reach Subsea restructuring sees Solstad and Østensjø Rederi become shareholders
As part of a major restructuring to ensure its long-term survival, Reach Subsea has restructured its charter agreements with Solstad…
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Hercules Offshore in danger of plunging back into bankruptcy
Houston-based offshore drilling company Hercules Offshore is in danger of falling into bankruptcy for the second time in less than…
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Shipping warned as Abu Sayaff beheads Canadian hostage
Philippine militant group Abu Sayyaf has given the shipping industry a shocking taste of things to come, having beheaded a…
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The next Somalia
In January 2015, I went for a swim in the Sulu Sea. Just a family day out at the seaside,…
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Seoul wades into shipping restructuring
The South Korean government will come to the rescue of the nation’s hard pressed shipping lines and shipbuilders. With many…
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Guoyu Shipping exits shipowning with supramax sales
Sources tell Splash that two popular supramaxes have successfully been offloaded by low-key Chinese firm, Guoyu Shipping. The 57-000 dwt…
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Concordia Maritime secures new contract for P-MAX tanker
Concordia Maritime has announced that it has secured a new consecutive voyage contract for the P-MAX tanker from an unnamed…
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Navig8 Product Tankers secures $130.3m financing for quartet
Navig8 Product Tankers has announced that it has entered into a $130.3m senior secured credit facility agreement with Citibank and…
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Canadian west coast tanker ban on the rocks
Canadian prime minister Justin Trudeau’s plans to ban tanker calls on the nation’s west coast – an election pledge from…
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