Region
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Star Bulk share offering nets $176m
Athens: Star Bulk’s latest public offering of common shares has hit its target, raising net proceeds of $176m and grossing $180m. The…
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Edelweiss ARC appeals Bombay High Court ruling on Bharati Shipyard
Mumbai: Worried that its attempts to recovery money from cash-strapped Bharati Shipyard may be jeopardised, Edelweiss Asset Reconstruction Company (ARC)…
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China Shipping Group to sell stake in China Shipping Haisheng
Shanghai: China’s state-run shipping giant China Shipping Group is proposing to sell part of its stake, and give up its…
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Beijing clarifies stance on proposed Kra Canal
Guangzhou: Media reports had suggested China and Thailand had signed an MoU in Guangzhou last Friday for the construction of Kra…
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Accident at Hantong shipyard, one dead
Shanghai: A worker at Hantong WING Heavy Industry, a subsidiary yard of Nantong Hantong Ship Heavy Industry, was ran over…
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Protesters block Seattle port in latest anti-Shell action
Seattle: Anti-drilling protesters in Seattle blocked port entrances by road on Monday as demonstrations continued against Shell’s plans for oil…
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MMB, JNPT form joint venture to develop Wadhwan port
Mumbai: The Maharashtra Maritime Board (MMB) has joined hands with India’s top container port, Jawaharlal Nehru Port (JNPT), in a…
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Grounded bulk carrier refloated and traffic resumes on St Lawrence Seaway
San Francisco: Commercial navigation was able to resume on the St Lawrence Seaway on Monday morning, after grounded cargo vessel…
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MOL links with Maersk and MSC to South America east coast
Tokyo: Japan’s Mitsui OSK Lines (MOL) has teamed up with the world’s top two boxlines, Maersk and MSC, on a…
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Ocean Rig drillships get Angola contracts from ENI
Athens: ENI Angola, part of Italy-based energy producer ENI, has extended its timecharter of one Ocean Rig drillship and extended its contract…
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Rolls-Royce Marine makes 600 redundant
Athens: Rolls-Royce is to lay off 600 employees from its marine division “in response to challenging market conditions” and the…
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Global Ship Lease containership gets another timecharter extension
Athens: X-Press Feeders, part of Singapore-based Sea Consortium, has further extended its timecharter of a panamax containership owned by Global Ship Lease.…
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Siem Offshore signs five year deal for MSRV
Oslo: Norway’s Siem Offshore has announced that it has entered into a charter agreement with an unidentified construction diving and…
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TGS gets approval for Mexican seismic survey
Oslo: Oslo-listed TGS has received a seismic permit from Mexico’s Comisión Nacional de Hidrocarburos (CNH) authorizing the acquisition of a…
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Evergreen readies giant 20-ship order
Taipei: Evergreen Line is close to announcing results from its tender for the construction of twenty 2,800-teu containerships, broking sources…
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Canadian authorities struggle to shift grounded Algoma Spirit
San Francisco: Authorities in Canada are struggling to move a grounded bulker that has caused mayhem on the St Lawrence…
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Vitaly Klyuev: Russian candidate for IMO’s top job
Moscow: Vitaly Klyuev is the second in a series carried by Maritime CEO looking at the six men running for…
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Petroleum Geo-Services heads to Mexico after job cuts
Oslo: Petroleum Geo-Services commenced operations over the weekend on a 2D seismic program offshore Mexico, utilising Atlantic Explorer and Sanco Spirit, having recently…
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Eagle Bulk sells handymax at $5.7m loss
Athens: NASDAQ-listed Eagle Bulk Shipping has revealed that it sold the oldest vessel in its fleet at a loss of…
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Ezion Holdings being sued over rig charter plot
Singapore: Singapore-listed offshore marine service provider Ezion Holdings is being sued by Dutch company Atlantic Marine Services in the Singapore…
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