Region
-
Euroseas confirms demolitions, delivery delays and refinancing
NASDAQ-listed Euroseas has sold two of its vessels for demolition, says it has delayed delivery of its remaining bulker newbuildings…
Read More » -
Japanese-owned bulker detained in Seattle for safety violations
The US Coast Guard (USCG) on Monday detained a Japanese bulk carrier in Seattle for alleged safety violations regarding firefighting…
Read More » -
Islamic State targets two Libyan ports
Two key oil ports in Libya have come under intense attack from Islamic State fighters. For the second day, running…
Read More » -
Havila Shipping takes urgent steps to provide ‘sufficient liquidity buffer’
Struggling Oslo-listed Havila Shipping has entered into an agreement with its secured and unsecured bank lenders to reduce amortisation for…
Read More » -
Seaborne Communications: ‘Modesty will bring only modest results’
London: Shipping has a new bespoke PR firm. Many might groan at the news of yet another spin merchant, but…
Read More » -
Marmaras Navigation says it will take disputed pair of Sungdong capes
A widely reported cape newbuilding sale from South Korea’s Sungdong Shipbuilding has failed, according to sources. The 180,000 dwt Maria…
Read More » -
Korea’s big three yards brace for another tumultuous year
The heads of South Korea’s big three shipbuilders have delivered their New Year’s addresses, warning of another very difficult 12…
Read More » -
IRISL readies European network
With sanctions against it set to be lifted soon, Islamic Republic of Iran Shipping Lines (IRISL) is looking to open…
Read More » -
Honghua Group scores rig contract from Kuwait Drilling Company
Hong Kong-listed rig manufacturer Honghua Group has announced that it has entered into an agreement with Kuwait Drilling Company (KDC)…
Read More » -
Crew force the auction of another Zhenghe Shipping vessel
Qingdao Maritime Court has announced that it will auction Zhenghe Shipping’s bulk carrier Zheng He 12 at the request of…
Read More » -
Star Bulk offloads four capesize newbuilds
Nasdaq-listed Greek owner Star Bulk Carriers has announced that it has entered into agreements to sell four newbuild capesize bulk…
Read More » -
Panama’s president expects May completion of Canal expansion
Panama’s national president Juan Carlos Varela said in an address to the nation that the expansion of the Panama Canal…
Read More » -
Splash editor to run London Marathon for Sailors’ Society
Splash editor Sam Chambers is running this year’s London Marathon with his fiancée Eliza Jaroni. The couple will be running…
Read More » -
Qingdao Maritime Court to auction Reliance Shipping bulker
Qingdao Maritime Court has announced that it will auction bulk carrier , owned by Hong Kong-based Reliance Shipping, at the…
Read More » -
NewLead to undertake its sixth reverse stock split in six years
Shareholders in NewLead Holdings have voted to undertake another reverse stock split this year, which will be the sixth consolidation…
Read More » -
Royal Boskalis buys German dredging company
Royal Boskalis Westminster has acquired Germany’s market-leading dredging company Strabag Wasserbau for around €70m ($76m). The sale price will be…
Read More » -
DHT Holdings sells suezmax tanker
NYSE-listed DHT Holdings has confirmed the sale of its 15-year-old suezmax tanker to unnamed buyers for $26.5m, incurring a book…
Read More » -
Xu to head up China Cosco Shipping Group
Beijing’s State-owned Assets Supervision and Administration Commission (SASAC) has given more details of the merger of Cosco and China Shipping,…
Read More » -
Precious Shipping scraps handysize bulker
Thailand’s Precious Shipping has confirmed it has sold its 20-year-old handysize bulk carrier for scrap to Pakistani buyers at a…
Read More » -
Prosafe rig adrift in the North Sea with 33 onboard
Rough seas and storms in the North Sea have caused a Prosafe-owned semi-submersible accommodation vessel to come adrift while under…
Read More »