Region
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Shanghai Qianhe Shipping hit by oil smuggling probe
Shanghai: Shanghai Qianhe Shipping, a ship services company engaged in oil spill response, has been charged with smuggling oil after…
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Yard Intel: Shipbuilding monitor seeks investors
Oslo: A new Norwegian shipyard monitor has been launched. Yard Intel has been founded by Sasan Mameghani, whose background is…
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BW LPG takes 25-year-old VLGC for $8m
Singapore: BW LPG, the world’s largest VLGC operator, is paying $8m in exercising a purchase option for the Berge Summit.…
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Sainty Marine slammed for information disclosure violations
Shanghai: Shenzhen Stock Exchange has made an announcement in which it has denounced Sainty Marine for violations of information disclosure…
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Manila takes steps to avoid repeat of port congestion saga
Manila: Anxious not to see a repeat of last year’s port congestion in the capital, the Philippine government has moved…
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Atomflot orders $116m Vyborg icebreaker
Moscow: FSUE Atomflot is spending $116m on a new icebreaker to be built by Vyborg Shipyard in Russia. The vessel…
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Congressman goes on record opposing offshore Atlantic drilling
San Francisco: Prominent US Congressman Mark Sanford burst through the door he had been pushing at in recent weeks when…
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Drivers picket trucking firms and strike at Southern California ports
San Francisco: Truck drivers who work three Southern California ports were on picket lines on Monday morning after voting for…
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Wilson fixes $189m loan
Oslo: Norwegian mini-bulker owner Wilson has refinanced nearly all its ship mortgage debt in a deal with DNB and SR…
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D’Amico orders two LR1 product tankers from Hyundai Mipo
London: D’Amico Tankers (Ireland) has ordered two 75,000-dwt eco-LR1 product tankers at Hyundai Mipo at a price of $44m each. The…
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Golden Ocean offloads capes as it prepares for upcoming ‘interesting opportunities’
Oslo: John Fredriksen has shifted ships around between two of his largest firms, Golden Ocean and Ship Financial International. The…
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Varun Shipping faces SEBI ban over investor complaints
Mumbai: Stock market regulator Securities & Exchange Board of India (SEBI) has hit Varun Shipping with a notice of a…
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Shipping reaching ‘the blood on the carpet’ stage, HKSOA’s Bowring tells Splash TV
Hong Kong: Shipping is now reaching “the blood on the carpet” stage, Arthur Bowring, managing director of the Hong Kong…
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Zycraft: ‘The threat of terrorism at sea is not far off’
Singapore: Piracy in Southeast Asia shows no sign of abating and unmanned surface vessels could have a role to play…
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Grool returns to Europe as a board member at Vroon
Perpignan: Shipmangement veteran Rob Grool is joining the board at Vroon from June 1. Grool, who had been managing Seaspan’s…
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Jindal Steel to buy 10 mini-bulkers from Bangladesh
Chittagong: India’s Jindal Steel has placed a 4.8bn Bangladeshi Taka ($61.3m) order for 10 new mini bulk carriers with Bangladesh’s…
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STX Dalian assets to be auctioned in May
Dalian: Dalian Intermediate People’s Court has announced that it will auction the assets of shipbuilding group STX Dalian and its…
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Ambiguous licensing rules prevent expansion of Indian fleet
New Delhi: Indian shipowners have been unable to expand their fleets, even in the wake of the modified tonnage tax…
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Caramin Petroeum, Makamin Offshore and Petro Allied in three-way hook-up
Kuala Lumpur: Malaysian oil and gas engineering specialist, Caramin Petroleum, has announced that subsidiary Caramin Engineering Services has entered into…
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Iran and Oman form shipping joint venture
Muscat: Local Iranian media reports that Iran and Oman are forming a shipping line together to move cargoes from Iran’s…
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