Region
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Los Angeles and Long Beach strike escalates
The strike and picket action by truck drivers who work at the ports of Los Angeles and Long Beach cranked…
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Petronas hires jack-up rig from UMW Offshore Drilling
Malaysia’s UMW Offshore Drilling is to provide one of its jack-up drilling rigs to Petronas Carigali for up to eight…
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Farstad sells AHTS vessel
Farstad Shipping’s Singapore subsidiary has sold its anchor handling tug supply vessel (AHTS) (5,453.6 bhp) for its “book value”, but…
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AET orders eight tankers for $500m
American Eagle Tankers (AET) has ordered eight product and crude tankers from two South Korean yards for delivery in 2017…
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ECSA: Call for smarter legislation
Brussels: Smarter, better and complimentary legislation. That’s what European shipowners want from politicians and regulators, according to Thomas Rehder, chairman…
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China Exim Bank and ING Bank ink ship financing agreement
Chinese state policy bank China Exim Bank has signed a $1bn ship financing MOU with Dutch banking and financial services…
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Chandris hit with $1m pollution fine
Greek owner Chandris has agreed to pay a $1m fine for dumping pollution into the Texas Gulf Coast. The owner…
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Unique Group acquires Oceanwide
Sharjah-headquartered subsea and offshore solution provider Unique Group, has announced that it has acquired OceanWide Safety at Sea, a specialist…
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APL stumps up $9.8m in dispute with the Pentagon
APL, the container arm of Singapore’s Neptune Orient Lines (NOL), will pay the US government a $9.8m fine to smooth…
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New boxship design gets rid of engine rooms
French LNG containment specialist GTT, along with French containerline CMA CGM (and its subsidiary CMA Ships) and classification society DNV…
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Neptune Pacific branded greedy by Nauru minister
A shipping line providing the only maritime freight link to Nauru, a tiny spec in the South Pacific, has been…
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Electromagnetic Geoservices sells Barents Sea survey data
Norwegian offshore data acquisition firm Electromagnetic Geoservices (EMGS) has sold a license agreement to a new customer for 3D electromagnetic…
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Da Nang planning $48m upgrade of Tien Sa Seaport
Vienam’s Da Nang Port is going to invest VND1 trillion ($47.6m) for the second phase upgrade of Tien Sa Seaport…
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Eukor extends car shipping contract with Hyundai
Eukor Car Carriers has agreed with Hyundai Motor Group to carry Hyundai and Kia vehicle exports from Korea for a…
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Beijing pushes for consolidation to combat slumping figures
The ports sector is following a host of other industries in China by being coerced to join forces, writes Katherine…
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Court to auction Qingdao Xinwei Shipping vessel to pay crew
Wuhan Maritime Court has announced that it will auction Qingdao Xinwei Shipping’s multi-purpose vessel Shun Cheng on November 12, at…
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Weapons to flood black market as PMSCs go bust
A leading private maritime security company (PMSC) has warned that thousands of weapons could flood the black market as PMSCs…
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Diana fixes panamax bulker to Glencore Grain
Diana Shipping has chartered its panamax bulk carrier to Glencore Grain (Rotterdam) for 11 to 14 months at a rate…
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Heng Tong back at Cosco Dalian for another product tanker
Emerging fuel specialist Heng Tong Fuels & Shipping, a subsidiary of Coastal Holdings, has been linked to a 22,000 dwt product…
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Premuda closes in on aframax sale
Following two failed selling attempts in the past months, Premuda of Italy seems to be very close to sign a…
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