Region
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‘Charter talks are progressing as planned’: Hanjin Shipping
Hanjin Shipping has stressed its negotiations with foreign owners on cutting charter costs are continuing. The negotiations are a key…
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ICBC sets up ship finance centre in Singapore
Chinese bank ICBC has announced that it will set up its Asia-Pacific Shipping Finance Centre in Singapore. The finance centre…
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North Atlantic Drilling and Sembcorp Marine extend semi-sub standstill agreement
Seadrill’s North Atlantic Drilling has extended a standstill agreement with Singapore’s Sembcorp Marine for semi-submersible drilling rig , delaying delivery…
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North Sea offshore business picks up
The North Sea is seeing a spurt of offshore activity, confounding the doomsayers. Offshore Merchant Partners (OMP) reports that PSV…
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Otto Marine takeover offer submitted
Singapore’s Otto Marine, an offshore yard and vessel operator, has confirmed that it has received a takeover offer via financial…
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DOF reveals major refinancing plan
Norwegian offshore services provider DOF has announced that it is working on an overall refinancing plan to secure the company…
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Tsipras opens Posidonia with a promise to revive Greece’s maritime industry
Greek prime minister Alexis Tsipras has opened this year’s Posidonia event in Athens by promising to develop his country’s ports,…
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Accident at AVIC Dingheng Shipbuilding, two dead
Two workers died in a ship cabin at AVIC Dingheng Shipbuilding in an accident on Sunday. According to local media,…
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Zhonggu Shipping orders four containerships at Jinling Shipyard
Chinese domestic container shipping operator Zhonggu Shipping has signed shipbuilding contracts with CSC Sinotrans-affiliated Jinling Shipyard for the construction of…
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Swiber secures $215m worth of contracts
Swiber Holdings has announced that it has secures three new contracts for projects in the Middle East and Southeast Asia…
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Port of Oakland to extend night-time operations
The Port of Oakland announced on Monday that its International Container Terminal will continue with night-time operations from Mondays to…
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El Faro VDR recovery mission will set off in July
The US National Transportation Safety Board (NTSB) announced on Monday that a mission to recover the voyage data recorder (VDR)…
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Hercules Offshore files for bankruptcy
Hercules Offshore has filed for Chapter 11 overnight, having received support from lenders for its new restructuring plan which will…
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CMA CGM moves to buy up all outstanding NOL shares
French containerline CMA CGM today finally made its all-cash voluntary conditional general offer for all the outstanding shares of Neptune…
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Shipping must prepare for stricter black carbon emission regulations
A new global challenge and a compliance monitoring market are emerging, due to tightening environmental regulations. VTT Technical Research Centre…
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ESVAGT extends partnership with Hess
ESVAGT and Hess have agreed to extend their relationship for an additional twelve years. The two companies having collaborated at…
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ICS takes aim at EU over emissions
The member national shipowners’ associations of the International Chamber of Shipping (ICS) have agreed to commence a co-ordinated campaign aimed…
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Cyprus’s second largest bank entering ship finance
RCB, Cyprus’s second largest bank, is looking to get into ship finance, Splash can exclusively reveal. Executives from the 1995-established…
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Maersk hit with anti-competition allegations in Mumbai
The Indian Competition Review, a policy advisory organisation, has sent a complaint to the Competition Commission of India (CCI), claiming…
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Morits Skaugen: ‘Why there is a big discount on crude oil tanker stocks’
Oslo: Last Friday, Morits Skaugen, ceo of Norwegian tanker firm IM Skaugen, helped set the scene for likely talking points…
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