Region
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Make sure shipping and aviation remain in Paris climate text, European Parliament urges
The European Parliament has taken another swipe at shipping’s emissions. The Paris climate change agreement should not leave out aviation…
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Cosco president steps down
The president of China Cosco Holdings, the Hong Kong-listed flagship of the Cosco empire, has resigned. Jiang Lijun stepped down…
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Chinese yard to be auctioned online
You can buy just about anything these days on Taobao, China’s online equivalent of Amazon, even a shipyard. A court…
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Winson in for Greek chemical carrier
Taiwan’s tanker specialist Winson Shipping bought the 10,000 dwt chemical tanker Caliope (built 2005) for $8m. The vessel has been…
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Tan Binh takes another handy from J. Lauritzen
Very active Vietnamese owner Tan Binh Shipping has snapped up its second handysize bulker from Denmark’s J. Lauritzen. Sources say…
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US shipyards salivate at prospect of building 100 LNG carriers
American shipyards could receive the biggest fillip in more than a generation if Washington insists all shale gas is moved…
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‘Tanker market strongest this decade’: Tsakos
Citing the booming tanker markets Greece’s Tsakos Energy Navigation (TEN) has announced it will resume its stock repurchase program. It…
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Helix Energy the latest to delay delivery from Sembcorp Marine
In another blow for Singapore’s Sembcorp Marine, Helix Energy Solutions Group has announced that it has delayed the delivery of…
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Star Bulk offloads four
Nasdaq-listed Greek owner Star Bulk Carriers has announced that it has entered into agreements to sell two capesize and two…
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McDermott International wins offshore Trinidad contract
Houston-headquartered McDermott International announced on Tuesday that it has been awarded a substantial contract to work on an oil and…
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Polish crew released by Nigerian pirates
Poland’s prime minister Beata Syzdlo has announced that the Polish crew kidnapped in November off Nigeria are on their way…
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Petrobras to sell stake in Libra offshore oil field
Brazil’s state oil firm Petrobras, wrestling with immense debt obligations, is offering as much as a quarter of its significant…
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Seadrill Partners gets Chevron Thailand tender rigs extension
Seadrill Partners has secured one year contract extensions from Chevron Thailand for the tender rigs T-15 and T-16. The extensions…
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Diana Shipping fixes capesize to SwissMarine, pushes back newbuilds
NYSE-listed Diana Shipping has chartered out its 2011-built capesize to Geneva-based operator SwissMarine Services. The time charter contract is for…
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Sino-Global cancels acquisition of tanker, now has zero vessels
NASDAQ-listed Sino-Global Shipping America has cancelled its acquisition of a small chemical tanker in order to reevaluate its business strategy.…
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Maersk containership runs aground at Brazilian port
A Maersk Line containership, the 8,402 teu , ran aground yesterday afternoon while at the port of Santos in Brazil.…
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Charter extended of NewLead Holdings bitumen carrier
An unnamed charterer has extended its existing charter of , a bitumen carrier owned by NewLead Holdings, by a further…
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Paragon sells three bulkers to pay off loan
Paragon Shipping has sold two panamax bulk carriers and one supramax to an unidentified buyer in order to pay off…
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Consolidated Marine Management orders two more MR tankers
Greece’s Consolidated Marine Management (CMM) has placed orders for two 50,000-dwt chemical/product tankers at Hyundai Vinashin in Vietnam, Splash can…
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Evergas orders four new dual-fuel ethane/LEG carriers
Evergas has ordered four 32,000-cbm carriers for liquefied ethane/ethylene (LEG) gas from China’s JHW Engineering & Contracting (JHW), with options…
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