Region
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Korea Inc comes in to provide refund guarantees for DSME
At the behest of South Korea’s deputy prime minister a number of the nation’s top financial institutions have come together…
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11,000 sign petition to up the search for the missing El Faro
A petition to get the federal government to up its search for the missing boxship has already got more than…
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Technip awarded subsea contract for Malaysia’s Layang development
Technip has announced that it has been awarded a subsea contract by JX Nippon Oil and Gas Exploration (Malaysia) for…
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Time to rethink disruptive cabotage laws
The world of global supply chains has grown sophisticated beyond the comprehension of anyone, save for supply chain optimisation experts.…
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Costamare and York Capital go halves on containerships
NYSE-listed Costamare and York Capital have jointly purchased two small containerships, in which the respective companies have a 49:51 interest.…
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Cuba planning deepwater oil drilling in the Gulf of Mexico
Cuba’s state oil company has announced plans to drill deepwater wells in its Gulf of Mexico waters in co-operation with…
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NewLead JMEG CEO’s attorney applies for resignation
Court proceedings have been stayed against Jan Berkowitz, the CEO of NewLead JMEG, after he filed for bankruptcy on October…
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Delta Marine orders renewables service vessel with new design from Damen
Damen Shipyards is to construct a renewables service vessel to a brand-new design for offshore wind service provider Delta Marine.…
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Navig8 Chemical orders four chemships at STX
Navig8 Chemical Tankers has ordered four 49,000-dwt IMO II chemical tankers from STX Offshore & Shipbuilding in South Korea. Six…
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Imtech Marine takeover by Pon and Parcom gets EC approval
The European Commission has approved the takeover of marine services provider Imtech Marine by Pon Holdings and Parcom Capital, which…
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Saverco’s bid to take over CMB begins
The acceptance period for Saverco’s bid to take over Belgium’s CMB will begin on Thursday and run until markets close…
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NTSB reveals more El Faro details
The National Transportation Safety Board (NTSB) in the US released a more in depth, second report into the sinking of…
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Ariston Navigation: ‘No clear prospects of a recovery in sight’
Piraeus: John A. Xylas, president and ceo of Ariston Navigation, is a well-known player in the dry bulk business. He…
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Four seafarers kidnapped in Nigeria
Yesterday the Lithuanian government revealed that four seafarers were abducted at Port Harcourt in southern Nigeria. Two Lithuanians and two…
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Accident on Pacific Drilling drillship, one dead
A crew member on a Pacific Drilling drillship, which is on a five-year charter to Chevron, was killed in an…
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Chandris switches kamsarmax order to two aframaxes
The low dry bulk market has prompted Chandris (Hellas) to change its order for kamsarmaxes at Cosco Dalian shipyard to…
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Vietnam to limit ship calls to HCM City
Trying to kill two birds with one stone, authorities in Vietnam are soon to announce plans to limit the number…
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Electromagnetic Geoservices wins Malaysia extension
Norwegian offshore survey specialist Electromagnetic Geoservices has been awarded a contract extension for 3D EM data acquisition work it is…
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Jiangsu authority shuts down 23 shipbuilding projects to curb overcapacity
The Jiangsu division of China’s National Development and Report Commission has released a notice that it has shut down 23…
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Alam Maritim awarded Petronas FLNG work
Malaysian offshore service provider Alam Maritim has announced that it has been received a letter of award from Petronas for…
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