Sectors News Archive - General Shipping Vessel Industry Updates

Sector

NTSB issues illustrated digest of its final report into the El Faro tragedy

May 26th, 20180 The US National Transportation Safety Board (NTSB) on Friday announced the release of an easy-to-read digest version of its final report and findings about the El Faro...

Sector

Doughty to step down at Wallem

May 26th, 20180 Simon Doughty is to step down as CEO of the Wallem Group, one of Hong Kong’s largest shipping services company. Doughty, who has been with Wallem for 13 years and...

Sector

Odfjell Drilling secures Atlantic drilling contract from Equinor

May 25th, 20180 Odfjell Drilling has signed a contract with Equinor, formerly known as Statoil, for its semi-submersible drilling platform for six firm wells, after the two parities...

Sector

Maersk successfully pilots first marine insurance blockchain platform

May 25th, 20180 Insurwave, the world’s first marine hull insurance blockchain platform, is up and running and is ready for commercial use after going through a successful pilot...

Sector

Liners urged to rethink emergency bunker surcharges

May 25th, 20180 Maersk Line and MSC, the world’s two largest containerlines, have introduced emergency bunker surcharges, with other lines expected to follow suit in the coming...

Sector

Hyundai Merchant Marine exits the transatlantic trades

May 25th, 20180 South Korean shipping major Hyundai Merchant Marine (HMM) is exiting from the transatlantic container trades by terminating service of two loops linking North Europe and...

Sector

Are VLCCs anywhere near bottoming out?

May 25th, 20180 Chief correspondent Jason Jiang warns there’s more pain in store for tanker owners. The crude tanker market is suffering some of its worst ever times with earnings...

Sector

OSERV: The complete cyber damage limitation service

May 25th, 20181 OSERV, a part of OSM Maritime Group focusing on supply chain management and value-added services, has geared up to offer integrated risk management systems for the...

Sector

Kalmar to provide autonomous terminal equipment to aid groundbreaking Yara Birkeland project

May 25th, 20180 Equipment manufacturer Kalmar, part of Cargotec, and Norwegian fertilizer producer Yara have entered into an agreement in which Kalmar will deliver fully autonomous...

Sector

StealthGas offloads three older LPG ships for $17.5m

May 25th, 20180 Taking advantage of firming prices for secondhand LPG carriers, Harry Vafias-led StealthGas has revealed it has sold three older ships – Gas Enchanted, Gas Legacy and...

Sector

Shell makes big oil discovery in Gulf of Mexico

May 25th, 20180 Supermajor Shell says it has made a big oil discovery in the Gulf of Mexico, southeast of New Orleans. The Dover well discovery, made in a water depth of 7,500 feet...

Sector

Navy drops negligent homicide charge against former CO of USS John McCain

May 25th, 20180 The US Navy has dropped charges of negligent homicide against the former commanding officer of the destroyer USS John McCain over its 10-death fatal collision with an...

Sector

Fenghai Ocean Shipping tanker to be auctioned by court

May 25th, 20180 Qingdao Maritime Court will hold an auction for Dongguan Fenghai Ocean Shipping’s product tanker Feng Sheng You 16 via online platform Taobao on June 4 at the request...

Sector

Abandoned Aroania Maritime bulker to be auctioned by Chinese court

May 24th, 20180 China’s Ningbo Maritime Court will hold an auction for the handymax bulker via online platform Taobao on July 25. The vessel was detained by the court at the...

Sector

Greeks hammered for weak corporate governance

May 24th, 20180 Greeks occupy the bottom ten spots in the latest of a regular corporate governance poll carried by investment bank Wells Fargo and its equity analyst Michael...

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Splash Dash

Greece still tops the tonnage charts with one in five ships of the global merchant fleet
One in five merchant ships around the world are Greek, cementing the Mediterranean nation’s... May 25th, 2018 inEurope
Maersk successfully pilots first marine insurance blockchain platform
Insurwave, the world’s first marine hull insurance blockchain platform, is up and running and is... May 25th, 2018 inFinance and Insurance
Liners urged to rethink emergency bunker surcharges
Maersk Line and MSC, the world’s two largest containerlines, have introduced emergency bunker... May 25th, 2018 inContainers
Hyundai Merchant Marine exits the transatlantic trades
South Korean shipping major Hyundai Merchant Marine (HMM) is exiting from the transatlantic... May 25th, 2018 inContainers
Are VLCCs anywhere near bottoming out?
Chief correspondent Jason Jiang warns there’s more pain in store for tanker owners. The crude... May 25th, 2018 inContributions
International Chamber of Shipping: Two more years under Esben Poulsson
“You’re either mad or a masochist,” Maritime CEO fires in with our first question to the... May 24th, 2018 inMaritime CEO

Odfjell Drilling secures Atlantic drilling contract from Equinor

Greece still tops the tonnage charts with one in five ships of the global merchant fleet

Maersk successfully pilots first marine insurance blockchain platform

Liners urged to rethink emergency bunker surcharges

Peru cancels five offshore oil project contracts with Tullow

NTSB issues illustrated digest of its final report into the El Faro tragedy

Shell makes big oil discovery in Gulf of Mexico

Navy drops negligent homicide charge against former CO of USS John McCain

Yasa Shipping orders tanker quartet at Hyundai Mipo

Gulf Marine Services awarded pair of charter contracts

UAE commits to protecting seafarers in signing of historic memorandum with the ITF

Oasis Energy makes aframax debut

Hyundai Merchant Marine exits the transatlantic trades

OSERV: The complete cyber damage limitation service

International Chamber of Shipping: Two more years under Esben Poulsson

India relaxes cabotage laws

Doughty to step down at Wallem

Wuhan Newport Changhai orders feeder boxship pair at WUT Guangda

Court freezes more Dandong Port assets

Marine Money container panel highlight the pros of consolidation

Peru cancels five offshore oil project contracts with Tullow