Region
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USCG search for crewman missing from Chilean cargo ship
US Coast Guard (USCG) rescue teams are searching the Atlantic Ocean near Puerto Rico for a man thought to have…
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Star Bulk linked to sale of two capesizes
NYSE-listed Star Bulk has a deal on subjects for the sale of two capesize vessels to South Korea’s H Line…
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Euroseas confirms demolition of elderly handysize boxship
NASDAQ-listed Euroseas today confirmed it has sold its 23-year-old boxship (1,599 teu, built 1993) for demolition. Earlier this week, brokers…
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Saverys looks set to start squeeze-out of remaining CMB shares
The voluntary public takeover of Belgium’s CMB by Marc Saverys’ company Saverco is approaching its final stages, and the ‘squeeze-out’…
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National Drilling Company of Abu Dhabi extends and adds rig options
National Drilling Company of Abu Dhabi (NDC) has agreed with its yard Lamprell to extend its existing options on jack-up…
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Pacific Richfield to offload 40 AHTS vessels in distressed sale
Singapore OSV player Pacific Richfield has put 40 AHTS vessels up for sale in what appears to be a distressed…
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World Wide Supply unable to make interest payment
Norway’s embattled World Wide Supply admitted yesterday it is unlikely to be able to make an interest in a scheduled…
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Deutsche Bank goes shopping for non-performing loans in Italy
Deutsche Bank is emerging as an aggressive buyer of non-performing shipping loans in the Italian market. Sources tell Splash that…
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Reprieve for STX
While other Korean yards have gone to the wall this year, STX Offshore & Shipbuilding looks set for a reprieve.…
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Court to auction three Fengyuan vessels
Qingdao Maritime Court has announced that it will auction on January 5 three general cargo vessels, Dong Hong Da, He…
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Sabrina Chao takes over as HKSOA chair
Wah Kwong boss Sabrina Chao was officially elected as the new chairman of the Hong Kong Shipowners Association last night,…
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Pacific Basin buys secondhand bulker
Hong Kong-listed Pacific Basin has announced that it has recently purchased an eight year old 32,000dwt Japanese-built handysize log/bulk carrier.…
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DBR: Dalian calling
Dalian Jifa Bohai Rim Container Lines (DBR), an affiliate company of Dalian Port Group, is looking to further expand its…
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UK’s revenues from North Sea oil and gas slide 94%
The shocking state of offshore has been laid bare with the latest statistics from the UK on North Sea oil…
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Public Image Limited
Patrik Wheater on shipping’s weak interaction with the general public. The story about the shipping industry suffering an image problem…
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Lundin abandons well offshore Malaysia
Sweden’s Lundin Petroleum has announced that its wholly owned subsidiary Lundin Malaysia has completed work on the Selada-1 exploration well…
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Polarcus shares to trade ex-reverse split from tomorrow
Oslo-listed Polarcus Limited has turned around its reverse stock split in double-quick timing, and its shares will begin trading on…
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Aurora LPG contemplates bond issue
Oslo-listed Aurora LPG says it is considering the issue of up to NOK 200m ($23m) in new senior unsecured bonds…
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Prosafe may defer delivery of new accommodation vessel
Prosafe and Singapore-based Jurong Shipyard have agreed to a flexible delivery of Prosafe’s latest accommodation vessel , which the client…
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Scorpio Bulkers sells capesize sextet to Zodiac Maritime at $110m loss
Eyal Ofer’s Zodiac Maritime is said to be the buyer of six capesize bulk carriers sold by Scorpio Bulkers for…
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