Sector
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CMB turns to China to refinance ageing cape
China Merchants Bank Leasing has entered into a finance deal with the Saverys family-controlled Compagnie Maritime Belge, and its bulker…
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Turkey ratifies HK recycling convention
Turkey has ratified the IMO Hong Kong Convention for the safe and environmentally sound recycling of ships. The country is…
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Kawasaki Heavy Industry unveils LNG-powered bulker design
Japanese shipbuilder Kawasaki Heavy Industry has completed the development of a design for a 200,000 dwt bulk carrier powered by…
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CNOOC secures offshore survey contract in Iraq
China National Offshore Oil Corporation (CNOOC) has entered into an agreement with Iraq to conduct seismic survey for two oil…
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Norden seals 10-year COA with Sembcorp Energy India
Danish shipowner and operator Dampskibsselskabet NORDEN has signed a 10-year contract of affreightment with utility firm Sembcorp Energy India. Commencing…
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Saipem awarded new FEED contract in Vietnam
Saipem’s XsightSIGHT division has been awarded a new onshore-offshore contract for the Ca Voi Xanh (Blue Whale) project by ExxonMobil…
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Hyundai Heavy given go-ahead to take over DSME
The state-run Korea Development Bank, the largest shareholder of Daewoo Shipbuilding and Marine Engineering (DSME), has signed a conditional deal…
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NAT and Sinokor branded shipping’s worst ‘corporate dumpers’ for their scrapping decisions
Sinokor and Nordic American Tankers have been branded the world’s worst two “corporate dumpers” for their ship scrapping decisions last…
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Former Sinopacific boss Simon Liang arrested in Myanmar
Simon Liang Xiaolei, former president and CEO of China’s bankrupt Sinopacific Shipbuilding, has been arrested in Yangon airport, Myanmar, accused…
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Kidnapped crew from MSC boxship released by pirates
Six crew members, including the captain, kidnapped earlier this month from 2,668 teu off Benin, have been released according to…
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Weekly Broker: Deals off as dry bulk suffers multiple blows
The ongoing “bloodbath”, as one owner told Splash today, in the dry bulk freight markets has unsurprisingly seen investors yank…
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Evalend Shipping orders VLCC trio at Hyundai Heavy Industries
South Korean shipbuilder Hyundai Heavy Industries has announced that it has secured a $286m contract from a European owner for…
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Capital Liberty Invest makes first ship acquisitions
Capital Liberty Invest, the joint venture between Evangelos Marinakis’ Capital Ship Management and Dietrich Schulz-led Liberty One, has acquired its first two…
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DOF PSV pair score new North Sea contracts
Norwegian offshore vessel owner DOF has been awarded one-year contracts for platform supply vessels Skandi Captain and Skandi Texel. The…
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Rowan awarded jackup contract by Lundin
Rowan Companies has announced that its jackup rig has been awarded a seven-well program by Lundin Norway. The contract is…
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Volumes shipped through Russia’s Northern Sea Route leap 25%
Latest statistics from Russia’s Ministry of Transport show that volumes shipped through the Arctic Northern Sea Route leapt 25% last…
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Sinokor puts another ageing VLCC in the shop window
Sinokor is in the market for second time this year, offloading a 2004-built VLCC. This ship is the 319,000 dwt…
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MOL creates chief safety officer position
Mitsui OSK Lines (MOL), which has been hit by more than its fair share of accidents over the past decade…
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Asahi Tanker shows off electric ambitions
Japan’s Asahi Tanker, along with its partner Exeno-Yamamizu Corporation Tokyo, has jointly developed a new domestic shipping tanker design which…
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Portuguese government launches maritime start-up accelerator
The Portuguese government, which has latterly been upping its shipping game, has launched a program to accelerate maritime-related start-ups. Bluetech…
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