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

Region

Big baby cape order from Russia

April 18th, 20180 A month after Russian oil product supplier Amurskaya Neftebaza made headlines for ordering a 4,500 dwt tanker at China's Dajin Heavy Industry for $7m, the company’s...

Region

Seadrill reorganisation plan confirmed by US court

April 18th, 20180 John Fredriksen’s Seadrill has announced that its plan of reorganisation has been confirmed by the US Bankruptcy Court after the plan was approved by creditors and...

Region

Explosion rocks offshore survey vessel off Malaysia, one missing

April 18th, 20180 Malaysian offshore research vessel has caught fire today after a power pack in the engine room exploded, inuring two crew members while another is missing. The...

Region

Gas leaks after Japanese VLGC and Greek aframax collide off Singapore

April 18th, 20180 Japanese VLGC Crystal Sunrise, owned by Kumiai Navigation, and Greek aframax tanker Astro Saturn, owned by Pantheon Tankers Management, collided yesterday morning in...

Region

S’hail Shipping secures $19.2m loan from Qatar Development Bank

April 18th, 20180 Qatari owner S’hail Shipping and Maritime Services has reached a financing agreement with Qatar Development Bank. Under the agreement, Qatar Development Bank has...

Region

Scorpio Bulkers seals Japanese sale and leaseback for ultramax

April 18th, 20180 Scorpio Bulkers is selling its 2015-built ultramax to an unaffiliated third party in Japan for $19m. The vessel is being leased back by Scorpio on a five-year...

Region

Matrix Energy closes in on third tanker

April 18th, 20180 Nigerian group Matrix Energy is close to snapping up the 2004-built tanker for a price of roughly $10m. The ship is owned by the shipping-dedicated investment fund...

Region

Crowley Alaska completes purchases of three oil tankers from SeaRiver

April 18th, 20180 Crowley Alaska Tankers, a part of Crowley Maritime Corporation, has completed the purchases of three tankers from ExxonMobil subsidiary SeaRiver Maritime with the...

Region

DOI decides against lowering royalty rates for offshore leases

April 18th, 20180 Department of the Interior (DOI) secretary Ryan Zinke said on Tuesday he will not reduce royalty rates for offshore lease sales, according to Reuters. There had been...

Region

Thorco Bulk changes name to Trithorn Bulk

April 17th, 20180 Danish bulk shipping operator Thorco Bulk, part of Thornico, has announced that the company has changed its name to Trithorn Bulk with immediate effect. “This is a...

Region

Gulf Marine Services secures long-term vessel contract

April 17th, 20180 UAE oil and gas service vessel operator Gulf Marine Services has secured a new long-term contract award for one of its mid-size class vessels. The new contract is for...

Region

Cove Point's first official commercial LNG export shipment sets sail

April 17th, 20180 Dominion Energy’s Cove Point liquefied natural gas (LNG) facility has officially become the second LNG export terminal in the US with Monday’s departure of the...

Region

E-certificates in demand

April 17th, 20180 Class society DNV GL has been running pilots on electronic certificates for several years, achieving IMO compliance and winning the endorsement of many flag states, 53...

Region

Total Lubmarine: Facing regulatory challenges head on

April 17th, 20180 Global marine lubricant provider Total Lubmarine is making efforts in product innovation to help the shipping community get through the transition period of the incoming...

Region

Hapag-Lloyd explores priority baggage concept for container shipping

April 17th, 20187 Hapag-Lloyd is looking to take a leaf out the airlines in terms of revenue management. The German containerline is considering offering customers the chance to get their...

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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

Oldendorff halts Guyana business because of US sanctions on Russian aluminum firm

New Italian line launched

CMA CGM takes 25% stake in CEVA Logistics

RINA Services CEO Michele Francioni resigns

Mexico slaps 30-month ban on Odebrecht because of corrupt dealings with Pemex

Oldendorff halts Guyana business because of US sanctions on Russian aluminum firm

Ben Ognibene returns with new tanker platform Concord Maritime

Rowan Companies awarded contracts for drillship and jackup pair

Egypt to keep ports open 24 hours a day

S’hail Shipping secures $19.2m loan from Qatar Development Bank

Gulf Marine Services secures long-term vessel contract

Bahrain reveals its biggest oil find

Vinalines continues to offload vessels

Sinokor to take over 30 feeder boxships from Vroon

EMAS Offshore gets Oslo Børs reprieve

Explosion rocks offshore survey vessel off Malaysia, one missing

Court to auction Hanjin stake in Chinese yard

Key Noble shareholder attacks top management

Chinese owner thrives on Germ growth

China to lift foreign ownership restrictions for shipbuilding

StealthGas’ Harry Vafias predicts solid LPG prospects through to 2020