Region
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Seanergy buys seven secondhand bulkers
NASDAQ-listed Seanergy Maritime Holdings has signed an agreement to purchase five capesize and two supramax bulk carriers for around $183m…
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Oslo-listed shipping stocks see an upturn as Brent crude price picks up
Shipping companies listed on the Oslo Børs today received a glimmer of hope as the price of Brent crude ticks…
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Perseveranza di Navigazione sells bulker as restructuring plan nears
Perseveranza di Navigazione has sold its second bulk carrier of late, with creditor Commerzbank enforcing the sale as part of a restructuring…
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Colombo Dockyard: Length of the downturn hurting all yards
Colombo: The sheer length of the shipping downturn has brought many shipyards to the limits of their balance sheets and…
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India maps out maritime future
India is mapping out its maritime future with dramatic developments on its inland waterways, its coastal ports and its future…
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Rapid response team formed to fight SE Asian pirates
In response to the growing threat posed by robbers and pirates in the region the Malaysian and Indonesian navies have…
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India’s scrap price strengthens, rupee weakens, capesize demolished
A capesize bulk carrier has been reported sold for demolition in India, which this past week has seen a slight…
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Tianjin insurance claims likely to be close to £1bn
The insurance claims from the giant series of explosions that rocked the Chinese port city of Tianjin 12 days ago…
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China Construction Bank to auction off eight Lanhai bulkers
China Construction Bank (CCB) will auction eight bulkers from bankrupt Guangdong Lanhai Shipping on September 16, according to an announcement…
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Korean loans for Container Carriers
The Export-Import Bank of Korea and Busan Bank have provided American joint venture Container Carriers with $87m in ship finance.…
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MHI Vestas Offshore Wind secures DONG Energy deal
Danish firm DONG Energy has announced that it has signed an agreement with MHI Vestas Offshore Wind for the delivery…
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Port of Oakland backs operators’ fees plan on one-year initial basis
The Port of Oakland has given qualified support to a plan by the port’s terminal operators to introduce full container…
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Texas LNG appoints BNP Paribas as Brownsville project takes step forward
Progress towards realizing a liquefied natural gas (LNG) facility in Brownsville, Texas, took another step forward on Monday as Texas…
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USCG suspends search for man overboard from freighter on Lake Michigan
The US Coast Guard (USCG) suspended the search for a man who reportedly jumped overboard from a freighter on Lake…
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Diana fixes panamax bulker to Transgrain
Diana Shipping has fixed one of its panamax bulk carriers on an eight- to 11-month timecharter to Transgrain Shipping (Rotterdam).…
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Scorpio Services ups its SALT stake for third time
Scorpio Services Holding (SSH) has returned to buy a third tranche of shares in its NYSE-listed affiliate Scorpio Bulkers (SALT)…
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DSME death toll rises to two
Two workers have been confirmed dead after a fire ripped through Daewoo Shipbuilding & Marine Engineering’s (DSME) Okpo Shipyard on Geoje…
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Scorpio Tankers amends tanker order, repurchases more shares
Scorpio Tankers has upsized its vessel order with South Korea’s Hyundai Mipo shipyard to four MR product tankers with 10…
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Fire rips through DSME
Seven people were injured this morning when a serious fire broke out at a drydock in South Korea. A pair…
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Thousands ready to strike at Korea’s top yards
Up to 28,000 workers will go an indefinite strike from September 9 at South Korea’s top three shipyards, protesting a…
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