Region
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Petronas to shed 1,000 jobs as part of restructuring
Malaysian oil and gas giant Petronas announced a new leaner management team following a strategic review of its business which…
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Noble Corp jackup damaged in accident at Sembcorp’s Jurong Shipyard
Noble Corporation has announced that newbuild jackup rig, Noble Lloyd Noble, was damaged in an accident at Sembcrop Marine’s Jurong…
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Genting Hong Kong buys three German yards
Genting Hong Kong, whose subsidiaries include Star Cruises and other cruise brands, has come with an agreement with Nordic Yards…
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Fred Olsen Windcarrier secures German wind turbine installation contract
Fred Olsen Windcarrier has been awarded a contract by Siemens to transport and install wind turbines at the EnBW Hohe…
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Two new charters for Euroseas
Greek containership and dry bulk owner Euroseas has announced that it has chartered out 2,556 teu containership Evridiki G under…
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Otto Marine gets the go-ahead on Aussie OSV contract
Offshore vessel operator Otto Marine has announced that its wholly-owned subsidiary, GO Offshore, has been awarded a chartering contract worth…
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Bulker capsizes near Shanghai
Chinese bulker Bao Jiang 88 capsized and sank near Yangshan Port of Shanghai while enroute from Ningbo to Nanjing with…
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Brazil to privatise operations at six more terminals
The body responsible for administering Brazil’s seaports will, on March 31, offer tenders for concessions at six port terminals. The…
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Two crew on Hong Kong ship fall into cargo hold, one dead and one injured
Two crew memebers onboard Hong Kong-flagged bulker fell into the cargo hold of the vessel on Monday, amid rough sea…
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Isis Communications rebrands
Public relations firms have often been accused of terrorising journalists. For one famous name in shipping PR, however, the global…
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Petrobras to cut investment plan but also pulls out of offshore oil-fields sale
There were conflicting signals surrounding Petrobras on Tuesday as Reuters revealed the Brazilian oil giant’s plans to cut its five-year…
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Eagle Bulk gets another 72 hours
Nasdaq-listed supramax specialist Eagle Bulk has extended its forbearance and standstill agreement with its creditors by a further three days.…
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Lithuanian Shipping fleet to be auctioned off
Bankrupt Lithuanian Shipping is to sell its fleet of five small bulk carriers in a court-ordered auction, which will raise…
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MCT Gioia Tauro boss resigns
The Medcenter Container Terminal at the port of Gioia Tauro in Italy has lost its ceo. Domenico Bagalà, head of…
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Seacos: Trim take-up
Singapore: As most of the shipping industry remains in slowdown mode, top of shipping companies’ minds is how to minimise…
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Call to address drop in liner service quality
The liner shipping industry must urgently address the poor quality of service afforded to shippers since the consolidation of the…
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Sea World Management closes in on Weco tanker
After its last purchase of the Cielo di Salerno tanker from d’Amico International Shipping, Sea World Management promised that further…
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Scorpio Tankers takes product carrier trio on charter
Scorpio Tankers has dived into the time charter market to take in three ice class 1A handymax product tankers from…
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Paragon Shipping splits its stock
Nasdaq-listed Paragon Shipping is to undertake a 1-for-38 reverse stock split of its issued and outstanding Class A common shares.…
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Farstad sells PSV at a $7m book loss
Farstad Shipping has sold another vessel, this time its 2002-built platform support vessel (PSV) for an undisclosed sum. The sale…
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