Region
-
Pakistani shipbreakers form cartel as scrap prices heat up
Members of the Pakistan Shipbreakers’ Association (PSBA) have formed a cartel in order to control rising prices on tonnage bound…
Read More » -
Host of big registries set to be struck off USCG Qualship list
Some very significant ship registries face the embarrassment of being struck off the United States’ approved list of flags. Bahamas,…
Read More » -
Aker Solutions to undertake subsea engineering work for BP worldwide
BP has awarded Aker Solutions with a contract to provide subsea engineering services to its offshore infrastructure worldwide for a…
Read More » -
HMM creditors approve self-rescue deal
Hyundai Merchant Marine’s (HMM) creditors, led by state-run Korea Development Bank, have approved the South Korean shipping company’s self-rescue plan,…
Read More » -
De Chateauvieux in gas carrier play to stymie Bourbon’s spiralling debts
Jacques de Chateauvieux, owner of one of the world’s most advanced and largest OSV fleets, has admitted the dire state…
Read More » -
Premuda: How shipping got into such trouble
Genoa: There are three main factors for the present crisis in some shipping segments according to Premuda’s president, Alcide Ezio…
Read More » -
Indonesian crew held in suspected Abu Sayyaf kidnapping
The Indonesian Embassy in Manila yesterday confirmed reports that an Indonesian tug, Brahma 12, has been hijacked in the far…
Read More » -
TS Taipei oil spill cleanup to take one week
The oil spill cleanup of the TS Taipei in northern Taiwan will take another week to be complete, the ship’s…
Read More » -
Imabari Shipbuilding expands further
No one seems to have told Imabari Shipbuilding that Japanese yards are on the decline. The shipbuilder, which has surpassed…
Read More » -
Fire hits Sinopacific Offshore at Qidong
CIMC-controlled Sinopacific Offshore & Engineering’s Qidong yard caught fire yesterday, and a large quantity of shipbuilding materials have been destroyed…
Read More » -
Labour dispute shuts down operations at Port of Oakland
A labour dispute has led to a shutdown at a terminal at the Port of Oakland on Monday. Daytime operations…
Read More » -
Evergreen appoints new head
Evergreen International, a subsidiary of Evergreen Group, has appointed Ko Lee-ching as the chairman of the company, supported by the…
Read More » -
Beibu Gulf eyes more ships
Low key Hong Kong-based Beibu Gulf Shipping has confirmed Splash reports that it is the taker of the 2009- built…
Read More » -
Cosco-PSA Terminal to develop new container berths in Singapore
Singapore port operator PSA Corporation has announced that Cosco-PSA Terminal, a joint venture formed by the company and Cosco Pacific,…
Read More » -
HMM offloads Busan terminal stake to PSA
Hyundai Merchant Marine has completed its much telegraphed sale of its stake in a local terminal to Singapore’s PSA International.…
Read More » -
Zhonggu Shipping orders feeder boxship at Changhong International
Shanghai Zhonggu Shipping has signed a shipbuilding contract with Zhoushan Changhong International Shipyard for the construction of a 2,500teu containership.…
Read More » -
PDVSA denies delays and backlog of ships at port of Jose
Venezuela’s state oil firm PDVSA has strongly denied reports that it had a backlog of ships at its main oil…
Read More » -
China’s regulator gives thumbs up to merger of Schlumberger and Cameron
Multinational oil field services company Schlumberger and oilfield equipment maker Cameron International have received the all-clear for their merger from…
Read More » -
Diana Shipping fixes panamax pair to Glencore Grain
Diana Shipping has chartered out a pair of panamax vessels to Glencore Grain, with the contracts commencing on March 26…
Read More » -
Economou loads DryShips revolver with additional $10m
Drybulk specialist DryShips has announced today that it has entered into an agreement to increase its secured revolving facility, provided…
Read More »