Region
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Fincantieri signs deals to boost Iranian yards
In the presence of the Italian prime minister Matteo Renzi and the president of Iran Hassan Rouhani – on an…
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Prestige ruling leaves London P&I Club open to claims of up to €4bn
Yesterday Spain’s Supreme Court sentenced Apostolos Mangouras, the captain of the Prestige tanker, which sank off Spain’s northwestern coast in…
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Crew evacuated from listing Cido roro
22 crewmembers from the Cido-controlled roro were rescued by Spanish Search & Rescue helicopters on Tuesday evening. In a statement,…
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A2SEA vessel in trouble again
15 people were evacuated last night from a wind turbine installation vessel in the North Sea off the west coast…
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Prosafe lays up accommodation vessel as another comes out of contract
Prosafe is preparing to lay-up accomodation vessel Jasmina as another vessel, Safe Britannia, comes out of contract. Jasmina, which has…
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Simon de Courcy Hughes to retire
One of the best-known names in Asian shipbroking is set to retire at the end of March. Simon de Courcy…
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Tanker titans talk up the market
Three of the largest names in tanker shipping lambasted analysts this afternoon, insisting the bullrun is here to stay and…
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Weihai Samjin completes restructuring and resumes operations
Weihai Samjin Shipbuilding officially resumed operations yesterday following the completion of a 16-month restructuring process. The former Korean-invested shipyard went…
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USCG announces dates for investigation into El Faro sinking
The United States Coast Guard (USCG) announced on Tuesday it has set dates for the start of public Marine Board…
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Ningbo Port to acquire 85% stake of Zhoushan Port
Ningbo Port has announced that it will issue RMB3bn ($456m) worth of new shares to its controlling shareholder Ningbo-Zhoushan Port…
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Tom Boardley switches roles at LR
Tom Boardley, currently marine business director at UK classification society Lloyd’s Register (LR), is moving to a new role in…
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Safe Bulkers refinances another loan
Safe Bulkers has secured a new $40m term loan from Danmarks Skibskredit (Danish Ship Finance) to refinance an existing $44.9m credit…
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Farstad Shipping scores Petrobras double
Farstad Shipping has been awarded a pair of charter contracts from Petrobras in Brazil. The 1999-build platform supply vessel Far…
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Saudi Aramco, Bahri, HHI and Lamprell to develop shipyard complex
Hyundai Heavy Industries (HHI) and Lamprell Energy have joined the joint venture developing a proposed shipbuilding and maintenance complex in…
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Euronav buys back its shares
Tanker operator Euronav has spent EUR4.8m ($5.2m) in buying back 500,000 of its own shares in seven different transactions made…
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GRM Investments becomes major Scorpio Bulkers shareholder
GRM Investments Ltd, part of Canadian property developer Onni Group, has acquired an 8.65% stake in Scorpio Bulkers (SALT) to…
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Pemex planning more than 10,000 job layoffs
Mexico’s state oil firm Pemex is planning more than 10,000 layoffs, and the jobs cull is already under way, according…
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Concordia Maritime sends P-MAX out on time charter
Concordia Maritime has signed a contract to charter out a post-panamax (P-MAX) tanker, the second in under a month. The…
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Restech Norway: Maritime markets eyed
Bodø: Back in the 1980s, a captain decided he wanted a more reliable, safe and precise line thrower opposed to…
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Aker Solutions wins new Statoil contracts
Aker Solutions has announced that it has won a front end engineering design (FEED) contract from Statoil for the Trestakk…
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