Sector
-
Ruben Brothers offer for RBD Armatori sees fleet auction cancelled
With an offer on the table from Ruben Brothers investment fund, the planned auction of RBD Armatori’s shipping assets has…
Read More » -
Tanker owners risk being elbowed out of Korea’s top yards as huge LNG order hoves into view
Tanker owners have been advised to get their orders in fast at South Korea’s blue chip yards before available slots…
Read More » -
Vale temporarily shuts down Malaysia distribution centre after fire
A fire broke out at one transfer house at Brazilian miner Vale’s distribution centre in Malaysia on Friday, resulting in…
Read More » -
SSY slashes dry bulk trade forecasts as uncertainties grow
In response to recent developments shipbroker Simpson Spence Young (SSY) has lowered its dry bulk trade forecasts and now anticipates…
Read More » -
Wait goes on for 2019’s first confirmed cape sale
The wait for 2019’s first confirmed capesize sale continues, illustrative of the massive uncertainties facing the dry bulk sector so…
Read More » -
Cobelfret returns to dry bulk buying with Japanese post-panamax deal
CLdN-Cobelfret has acquired 2011-built Imabari post-panamax vessel , according to broking sources. Seasure Shipbroking and Advanced Shipping & Trading are…
Read More » -
MOL Chemical Tankers takes a 20% stake in Den Hartogh
MOL Chemical Tankers, part of Japanese shipping major Mitsui OSK Lines, has acquired a 20% stake in Rotterdam-based Den Hartogh…
Read More » -
Sterile living conditions onboard make hospitals look attractive: Mission To Seafarers
The Mission To Seafarers has hit out at today’s accommodation blocks, suggesting the sterile environment onboard ships nowadays make hospitals…
Read More » -
Diligent Holdings continues rapid expansion with supramax buy
Greece’s Diligent Holdings and Dimitris Michalos continue to snap up Japanese supramaxes at pace. Seasure Shipbroking is reporting that the…
Read More » -
Valles back in Japan for an aframax
Hong Kong’s Valles Steamship run by the Koo family has gone to Japan for its latest order. Brokers report that…
Read More » -
CSC Phoenix parent goes into liquidation
Chinese dry bulk operator CSC Phoenix has announced that Tianjin Intermediate People’s Court has accepted its controlling shareholder Tianjin Shunhang…
Read More » -
Laker in winter layup catches fire
A team from the US Coast Guard spent Saturday night fighting a big fire aboard the self-discharging bulk carrier in…
Read More » -
Diana Shipping offloads panamax pair
Greek dry bulk owner Diana Shipping has announced the sale of two of its panamax bulkers in two separate deals.…
Read More » -
TEN confirms suezmax order for long-term charters
Nikolas Tsakos led TEN has entered into contract for the construction of two suezmax tankers, which upon delivery will enter…
Read More » -
Stellar Daisy located
The has been located six hundred and eighty-eight days after the giant VLOC sank in the south Atlantic, spurring hope…
Read More » -
Former Keppel procurement officer pleads guilty to long list of bribery charges
A former senior procurement office at Singapore’s Keppel Shipyard pleaded guilty on Friday to 54 charges of corruption and money…
Read More » -
Yinson wins $578m FPSO contract from JX Nippon
Malaysian FPSO operator has received a letter of award from JX Nippon to provide operation and maintenance services for an…
Read More » -
Cosco ordering 16 newcastlemaxes for bauxite shipping project with Chalco
Chinese state-run shipping giant Cosco is ordering up to 30 newcastlemax bulk carriers at domestic yards to support its long-term…
Read More » -
Hanjin Heavy comes to an agreement with lenders in Manila
Troubled Hanjin Heavy Industries & Construction (HHIC) from South Korea has reached an agreement on debt rescheduling for its Philippine…
Read More » -
Chopped up Maersk Honam in transit
Maersk has issued photos of the chopped up which is now bound from Dubai to be rebuilt at Hyundai Heavy…
Read More »