Region
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Technip denies FMC Technologies merger speculation
French oilfield services company Technip has issued a statement denying a Bloomberg report that it was in talks to merge…
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Asian trades boost product tanker employment
Erik Broekhuizen from Poten & Partners identifies growing demand for refined products within Asia-Pacific. Asia Pacific has become an increasingly…
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Dutch master sentenced for drinking on duty
A ship’s master who took control of a ship while more than twice over the legal drink-drive limit has been…
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New Delhi announces $600m shipyard package
New Delhi has come out with a 10-year, $600m package aimed at boosting the nation’s shipbuilding and ship repair capabilities…
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Hantong wins more German product orders
Jiangsu Hantong Ship Heavy Industry has won an important order that stretches its orderbook potentially into the second half of…
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Shipping gets away with it again and is left out of Paris climate agreement
The UN Climate Change Summit today released the draft text of a climate deal, but the proposed agreement fails to…
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NewLead is ‘playing a game with the court’, says judge
The CEO of NewLead Holdings Michael Zolotas has been ordered by a judge to produce his hard drive for forensic…
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Diana Shipping fixes Newcastlemax and panamax bulkers at discount rates
Diana Shipping has fixed one of its Newcastlemax bulk carriers at a more than 50% discount compared to the vessel’s…
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Vale sells four VLOCs for $423m
Brazilian miner Vale has sold four of is 400,000-dwt VLOCs for $423m to a consortium led by ICBC Financial Leasing,…
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Democrats want green demands in funding bill if oil export ban repealed
Democrats in the US Senate on Tuesday spelled out the price they will exact from Republicans in order to support…
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BMT wins Nicaragua Canal contract
Hong Kong Nicaragua Canal Development Group (HKND) has hired BMT Asia Pacific and BMT ARGOSS to conduct a series of…
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Pemex announces two oil finds in shallow waters of Gulf of Mexico
Mexico’s state oil firm Pemex has announced that it has made two shallow water offshore oil discoveries, according to Bloomberg.…
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Augustea lets go of two panamaxes
Two bulk carriers are expected to leave Augustea’s fleet in the coming weeks. Raffaele Zagari, ceo of the Italian shipping…
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Electromagnetic Geoservices to supply Gulf of Mexico data
An unnamed international oil company has signed a $1.5m data licensing agreement with Electromagnetic Geoservices (EMGS) to use the Oslo-listed company’s…
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Pioneer Marine: The road to Wall St
Singapore: Today sees the launch of the final issue of Maritime CEO magazine for 2015, an issue packed full of…
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‘Financial crisis was planned to rescue bankers’: Nobu Su
In his increasingly bizarre series of rants, Nobu Su, boss of financially troubled Taiwanese line TMT, has issued a release…
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Supporting the fight against corruption
Nick Fisher, the CEO of Masterbulk, calls for an industry-wide zero-tolerance approach to corruption, warning we are all tarred by…
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BW LPG ups stake in Aurora LPG
Aurora LPG looks like it is going all out to avoid the advances made by Avance Gas. Oslo-listed Avance Gas,…
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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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