Region
-
800 staff face the axe at troubled STX yard
Financially troubled STX Offshore & Shipbuilding (STX O&S) will slash 800 staff, roughly 30% of its approximate 2,600 workforce, as…
Read More » -
Furetank: COP21 should target trucking, not shipping
Donsö: The 2015 Paris Climate Conference, or COP21, is right around the corner. Its goal is to achieve a legally…
Read More » -
Sainty Marine involved in more charter disputes
Financially troubled Sainty Marine has announced that it has filed lawsuits against Nanjing Huajin Shipping, Nanjing Huahai Shipping and Hubei…
Read More » -
New Lord Mayor of London vows to develop maritime growth
The newly elected Lord Mayor of the City of London, Lord Mountevans has set out his goals to develop maritime…
Read More » -
Bladerunner vision
Singapore’s new terminal in Tuas will be revolutionary in its use of technology. Fifteen years from now Singapore’s port sound…
Read More » -
Maersk Altair sets new Adriatic record
Wednesday saw the port of Trieste in Italy welcome the largest boxship to ever call at an Adriatic port. The…
Read More » -
Two more lawsuits filed against Tote in El Faro case
Two more lawsuits have been filed against vessel owner Tote over the loss of the El Faro. The US-flagged 790-foot…
Read More » -
Report claims Norwegian offshore investments will drop by 19.5% next year
Investments in Norway’s oil and gas sector will fall by nearly 40% from 2014 to 2017, according to a report…
Read More » -
Cochin Shipyard to list
Cochin Shipyard is going for an initial public offering to help it expand facilities to build larger ships. The government…
Read More » -
Karadeniz in the market to buy up to three more capes to convert to powerships
Turkey’s Karadeniz has finalised the acquisition of one capesize bulk carrier for conversion to a powership and the purchase of…
Read More » -
High-profile executives join Hafnia Tankers board
John Ridgway has joined the board of Hafnia Tankers, along with Esben Poulsson and Jan Bech Andersen, who have joined…
Read More » -
Royal IHC buys UK subsea firm Fraser Hydraulic Power
Royal IHC has acquired Fraser Hydraulic Power (FHP), an offshore, marine and subsea technology firm based in Newcastle, UK. The…
Read More » -
Star Bulk delays four bulker newbuildings
Star Bulk has agreed with its shipbuilders to delay delivery of four of its 19 newbuildings until 2016. The four…
Read More » -
Sembcorp to build FSO for MODEC
Singapore-based shipyard Sembcorp Marine Rigs and Floaters (SCM) is to build a floating storage and offloading (FSO) for MODEC Offshore…
Read More » -
A.G. Pappadakis and Co: Of dry bulk and bubblegum
Athens: Shipping rates sooner or later will recover but market consolidation – similar to what is happening in the aviation…
Read More » -
Container shipping’s business model called into question
Container shipping’s business model was called into question today at the Asian Logistics and Maritime Conference in Hong Kong. Chris…
Read More » -
Precious Shipping cancels another two bulkers at Sainty Marine
Sainty Marine has announced today that it has received a notice from Thai owner Precious Shipping for the cancellation of…
Read More » -
Angelicoussis back at DSME for pair of VLCCs
Angelicoussis Shipping Group has returned to its favourite Korean yard for more VLCCs. The Greek owner has opted for two…
Read More » -
Black Sea will be able to welcome 10,000 teu boxships soon
The construction of a deepwater berth at the NUTEP terminal in the Black Sea port of Novorossiysk will allow Russia…
Read More » -
A.P. Møller-Mærsk issues Eurobonds
A.P. Møller-Mærsk made the most of cheap financing yesterday issuing its first Eurobonds in three years. The Danish shipping giant…
Read More »