Region
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Teekay LNG consortium to develop floating LNG import terminal in Bahrain
A consortium led by Teekay LNG Partners, Samsung C&T and Gulf Investment Corporation (GIC) today signed project agreements with the…
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Strikes to halt operations at Greek ports on Thursday
Another 24-hour strike by transport workers in Greece is expected to halt operations at at many Greek ports and terminals…
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Paragon Shipping names new CFO
Nikolas Arachovas has joined NASDAQ-listed Paragon Shipping as its new chief financial officer (CFO) with immediate effect. Arachovas was previously…
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Schlumberger announces further lay-offs
Oil services company Schlumberger is to make another round of redundancies to add to the 20,000 jobs it has already…
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NordLB’s shipping loan portfolio to take a hit over next three years
Germany’s NordLB bank expects to suffer impairments to its €18bn ($19.1bn) shipping loan portfolio over the next three years, reports…
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Maersk Tankers snaps up Marwave handy
Maersk Tankers has again turned to Marwave Shipmanagement, purchasing a further handy tanker from the Dutch outfit. Broker sources told Splash that…
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Former exec suggests NOL should sell terminals to PSA
Former deputy CEO of Neptune Orient Lines (NOL) Lim How Teck has thrown a spanner into the works today, suggesting…
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TB Marine-Hamburg orders eight chemical tankers at Huatai Heavy Industry
German owner TB Marine-Hamburg has signed shipbuilding contracts with Nantong-based Huatai Heavy Industry for the construction of eight chemical tankers.…
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Selective deafness
In her second installment from Paris, Diane Gilpin from the Smart Green Shipping Alliance gives Splash readers exclusive coverage of…
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Great Eastern Shipping adds secondhand MR tanker
Great Eastern Shipping has announced that it has signed a contract to acquire a secondhand 48,000dwt medium range product tanker.…
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Whittled down to size
China’s shipbuilding scene has contracted dramatically in 2015. More pain is inevitable next year. Sam Chambers writes the cover story…
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Zhenghe Shipping bulker to be auctioned
Qingdao Maritime Court has announced that it will auction bulker Fu Shan Wan, belonging to Zhenghe Shipping, on December 22…
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Eni cleared by Mexican authorities to develop oilfields in Gulf of Mexico
Italian oil and gas multinational Eni has been cleared by Mexican authorities to develop some oil fields offshore Mexico in…
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Dae Sun wins another 1,800 teu boxship order
South Korea’s Dae Sun Shipbuilding & Engineering has won another order for an 1,800 teu containership. Pan Continental Shipping, also…
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American Shipping Company refinances two Jones Act tankers
Transportation finance specialist CIT Group has announced that CIT Maritime Finance served as sole lead arranger and administrative agent in…
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International Shipholding Corporation offloads two
Brokers report that the US outfit International Shipholding Corporation (ISC) fetched $10.4m each for two 35,000 dwt handysize bulkers, and EGS…
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COP21: Problems and opportunities for shipping
The 2015 United Nations Climate Change Conference, COP21, underway now could have an effect on the shipping industry for years. …
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Another handy for Tan Binh
Very active Vietnamese owner Tan Binh Shipping has snapped up the for $6.65m from J. Lauritzen. The sale came only…
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Anadarko Petroleum fined $159.5m for role in Deepwater Horizon disaster
A US District Court judge has ordered Anadarko Petroleum to pay $159.5m for its role in the Deepwater Horizon oil…
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Navico: Bridging the gap
Egersund: Bridge equipment manufacturer Navico, best known for its recreational marine products, is fast making a name on the commercial…
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