Region
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Daiichi Chuo seeks US court protection
Daiichi Chuo Kisen Kaisha has sought bankruptcy protection in the US as well as at home in Japan, it emerged…
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Shell to axe 1,300 jobs in Malaysia
Shell Malaysia said in a statement yesterday that it will be commencing a transformation programme for its upstream division which…
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Revenues from shipping in Greece fell 60% in July
Inflows of foreign currency into Greece fell by 60% during July, the first full month in which capital controls were…
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Sainty Marine senior officials under investigation
Two senior officials of the financially troubled shipyard Sainty Marine have been arrested over the misuse of the company funds.…
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K Line fixes another VLGC with Gyxis
Kawasaki Kisen Kaisha (K Line) has reached an agreement with fellow Japanese firm Gyxis Corporation to enter into a time…
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BW back at DSME for LNG pair
South Korean shipyard Daewoo Shipbuilding & Marine Engineering (DSME) has confirmed that Singapore’s BW Group has signed for two 173,400…
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BW LPG executives up their shareholdings
The CEO and CFO of BW LPG have increased their respective shareholdings in the Singapore-based company. Martin Ackermann, BW LPG’s…
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Bangladesh Shipping Corp signs for 3 tankers
State-owned Bangladesh Shipping Corporation has signed a much telegraphed deal for three 50,000 dwt tankers. Brokers put the price of…
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MES pays €164m for German gas tech firm
Some of the biggest names in Japanese shipbuilding are nailing their colours to the mast of gas carriers. With China…
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Jeffrey Evans becomes next Lord Mayor of London
Clarkson shipbroker Jeffrey Evans has been named as the new Lord Mayor of London. Evans, who became Lord Mountevans last…
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Sinotrans Shipping orders four boxships at CSSC Huangpu Wenchong
China’s Sinotrans Shipping has signed contracts with CSSC Huangpu Wenchong Shipbuilding for four 1,900 teu containerships. Sinotrans said the “energy-saving”…
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Namsung takes two more boxships at Hyundai Mipo
Hyundai Mipo Dockyard will build two feeder boxships for fellow South Korean firm Namsung Shipping. The 1,600 teu ships will…
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Box Ships and Bodouroglou to buy back shares
NYSE-listed Box Ships said that it will commence a twelve-month share repurchase program for up to 10% of the company’s…
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Cochin Shipyard to expand
India’s Cochin Shipyard Limited (CSL) is to expand. The shipbuilder has announced plans to build a new large drydock as…
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Ningbo completes Zhoushan port merger
The eastern Chinese port of Ningbo has announced that its controlling shareholder, Ningbo Port Group, has completed the merger with…
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Bill and Melinda Gates Foundation Trust sues Petrobras and its auditors
The Bill and Melinda Gates Foundation Trust has sued Petrobras and its auditors (a Price Waterhouse Cooper affiliate) in a…
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GLDD earns dredging contract at Cheniere’s Texas LNG terminal
Houston-based energy company Cheniere Energy has contracted Great Lakes Dredge and Dock (GLDD) to dredge two ship berths at its…
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UK Chamber of Shipping warns Labour against axing tonnage tax
The head of the UK Chamber of Shipping has warned the UK Exchequer would be left with a £1bn dent…
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Scorpio Tankers buys back $9m in shares
Scorpio Tankers has spent just over $9m since August 24 as part of its plan to spend up to $250m…
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Tonic Sea master mixed up in drinking scandal
The master of the Tonic Sea bulk carrier has got mixed up in a drinking scandal which could see measures…
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