Region News Archive - World's Most Relevant Maritime Regions Updates

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Sinopacific Shipbuilding parent defaults on bond payment

April 25th, 20180 Evergreen Holding, the parent group of Sinopacific Shipbuilding has announced that it has been unable to make a bond payment of RMB540m ($85.7m) due on April 24 due to...

Region

Calisa selling MR tanker to PetroVietnam

April 25th, 20180 Genoa-based shipping firm Calisa, part of the Novella Group, is close to selling one of the four tankers in its fleet. Brokers sources report that the company, lead...

Region

Gemadept Shipping snaps up feedermax from Tsurumi Kisen

April 25th, 20180 Gemadept Shipping, an affiliate company of Vietnam’s port and logistics group Gemadept Corporation, is said to have purchased the 2009-built feedermax boxship Sinar...

Region

Nova Marine Carriers takes handysize from Nisshin Shipping

April 25th, 20180 Lugano-based shipping company Nova Marine Carriers is closing its seventh deal of the year, with the company controlled by Giovanni Romeo and sons reported as the buyer...

Region

Amann Shipping acquires feedermax boxship from Heung-A

April 25th, 20180 Brunei-based container shipping operator Amann Shipping has acquired 2002-built feedermax containership Heung-A Venus from South Korean owner Heung-A Shipping for an...

Region

New Yangtze takes supra sisters

April 25th, 20180 Two ships previously under ASM Maritime control have just been sold. Broking sources tell Splash that the two ten-year-old supramaxes, the 53,500 dwt bulker White...

Region

Former BP boss Browne joins Israeli maritime startup’s board

April 25th, 20180 Israeli maritime analytics startup Windward has managed to get the former CEO of energy giant BP, Lord John Browne, to join its board. Browne has been an investor in...

Region

CMA CGM moves for another feeder

April 25th, 20180 In its latest weekly report online pricing portal VesselsValue lists French container shipping giant CMA CGM as moving for another feeder vessel. CMA CGM is spending...

Region

Ensco scraps three rigs

April 25th, 20180 Offshore driller Ensco has sold three drilling rigs for scrap as part of its ongoing effort to optimise its fleet according to the company's latest fleet status...

Region

Baltic Exchange introduces modernised code of conduct

April 25th, 20180 The Baltic Exchange will be introducing a modernised code of conduct for shipowners, charterers and shipbrokers using the physical shipping and freight derivatives...

Region

Wilson sells vintage bulker

April 25th, 20180 Norway’s Wilson has sold the 1976-built bulk carrier Wilson Rye to an unnamed party for €525,000 ($640.6k). The Kleven-built vessel was due for docking which...

Region

Hapag-Lloyd sets 2020 CO2 emissions target

April 24th, 20180 Monday saw Hapag-Lloyd publish its first sustainability report. Within the report, the German containerline has committed to slashing CO2 emissions per teu-km by 20%,...

Region

OOCL teams with Microsoft to develop AI shipping solutions

April 24th, 20180 Microsoft Research Asia (MSRA) and Hong Kong’s Orient Overseas Container Line Limited (OOCL) have joined forces to look at how to apply artificial intelligence (AI)...

Region

KOTC tanker fleet set to double through to 2040

April 24th, 20180 Kuwait has outlined plans to more than double its tanker fleet by 2040. Kuwait Petroleum Corp CEO Nizar al-Adsani, speaking at the Middle East Petroleum and Gas...

Region

Profit warning sparks Clarkson’s largest share price fall in 25 years

April 24th, 20180 A profit warning from Clarkson gave the shipbroker its biggest daily fall in 25 years. Just over a month after saying there were signs of recovery in the shipping...

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Splash Dash

LNG not shipping’s green panacea, as IEA warns of ‘huge disruption’ over looming 2020 sulphur cap
A report out this week suggests LNG is not the panacea for shipping’s fuel concerns now that... Apr 19th, 2018 inEnvironment
Sinokor to take over 30 feeder boxships from Vroon
South Korean owner Sinokor Merchant Marine is taking over a fleet of 30 feeder containerships from... Apr 19th, 2018 inContainers
Weekly Broker: En bloc deals dominate
Activities in the secondhand bulker sale and purchase market kept up a steady trend this week after... Apr 19th, 2018 inOperations
Grindrod completes historic sale of its bunker division
South African transport giant Grindrod has sold its bunker subsidiary, Unicorn Bunker Services, for... Apr 19th, 2018 inBunkering
Lessons for effective and sustainable safety communications in the logistics industry
Des McGowan from Insync ponders whether we should focus on safety compliance or safety... Apr 19th, 2018 inContributions
International Transport Forum calls for greater, more harmonised use of port-based incentives
Port-based financial incentives to mitigate greenhouse gas (GHG) emissions currently remain... Apr 18th, 2018 inEnvironment

McDermott management stands firm in face of growing Subsea 7 overtures

DeepOcean appoints new CEO

Shell decides to invest in Vito development offshore Louisiana after cutting costs

Baltic Exchange and Freightos launches global container freight index

McDermott management stands firm in face of growing Subsea 7 overtures

Shell decides to invest in Vito development offshore Louisiana after cutting costs

Intermarine transfers leasehold of terminals on Houston Ship Channel to Watco

Caledonia continues rapid fleet buildup with panamax charter

19 tankers being held by Houthis in Yemen

KOTC splashes for four MRs at Hyundai Mipo

Former BP boss Browne joins Israeli maritime startup’s board

KOTC tanker fleet set to double through to 2040

Singapore collaboration to develop autonomous vessels

Gemadept Shipping snaps up feedermax from Tsurumi Kisen

Amann Shipping acquires feedermax boxship from Heung-A

Pakistan to resume tanker scrapping

Lawsuits pile up against embattled Noble Group

Sinopacific Shipbuilding parent defaults on bond payment

New Yangtze takes supra sisters

OOCL teams with Microsoft to develop AI shipping solutions

Veterans appointed to head up new autonomous shipping line