Sector
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Hyundai Heavy Industries sets $15.9bn new order target for 2019
South Korea’s flagship shipbuilder Hyundai Heavy Industries (HHI) has set a target to secure newbuilding orders with combined value of…
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Zhuhai Port disposes of financing subsidiaries
China’s Zhuhai Port has listed three financing subsidiaries for sale at Guangdong Untied Equity Exchange in order to streamline its…
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Rosatom granted control over Arctic sea shipping routes
The Russian president Vladimir Putin has officially signed off a federal law which has granted control over the Arctic north…
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Shippers brace as new sulphur cap surcharges kick in
This week sees the world’s top containerlines start new bunker surcharges with the 2020 global sulphur cap in mind. Box…
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Wallem boss Coles lashes maritime technology vendors
Frank Coles, the new CEO of Wallem Group, has lashed maritime vendors across the world for failing to properly make…
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IMO 2020 will lead to a ‘massification’ of volumes on all box trades: Alphaliner
The liner sector faces an “interesting” year ahead and ought to scrap more ships before a stronger case for a…
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Six crew kidnapped from MSC boxship off Benin
The 2,668 teu has been targeted by pirates off Benin with Ambrey Intelligence reporting six crew have been kidnapped. The…
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Dutch issue navigational warning as 270 boxes fall off MSC ship
Santa came twice this festive season to residents of the Dutch islands of Terschelling and Vlieland. Social media is abuzz…
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Pan Ocean’s Vale COA deal slashed by $1.3bn
South Korea’s Pan Ocean has agreed with key client Vale to shave off a $1.3bn from a consecutive voyage contract…
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Sovcomflot orders LNG-fuelled product tanker trio at Zvezda
Russian shipping major Sovcomflot has placed an order at Zvezda shipbuilding complex for the construction of three LNG-fuelled MR product…
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Borr Drilling secures slew of new contracts
Norway’s Borr Drilling has announced a number of new contracts and extensions for its jackup rigs in its latest fleet…
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Seafarer mental health management: We don’t talk about that
Could seafarers’ experiences of mental health management be adding to the problem? Carolyn Graham investigates. Would talking about health in…
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Search for missing Sincerity Ace crew suspended
The US Coast Guard has suspended the search for the last remaining missing crew member from the car carrier ,…
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No dry January for reefer-focused Maersk Container Industry
Maersk Container Industry (MCI) has taken the decision to ditch manufacturing dry containers and will now fully focus on growing…
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Jinhui Shipping offloads another supramax
Chinese dry bulk owner Jinhui Shipping and Transportation has announced the sale of 2001-built supramax for $7.38m. The vessel was…
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Fortune Ocean inks financial leasing deal for two panamaxes
CDB Leasing, the financial leasing unit of China Development Bank, has taken over the ownership of panamax bulk carriers Xing…
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Mingsheng Financial Leasing acquires two resale bulkers at Yangzijiang
Chinese financial leasing house Mingsheng Financial Leasing has acquired two $81,800 dwt resale panamax bulkers at Yangzijiang Shipbuilding. According to…
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Jeil takes Seatrans chemical tanker
Steadily growing Jeil International from South Korea has added its seventh ship, opting for an older stainless steel chemical tanker.…
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Sanmar revealed as buyer of Ardmore product tanker
Indian tanker player Sanmar Shipping is listed by brokers as the taker of the 2002-built, 47,000 dwt for $8.2m, a…
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Ensco secures series of new contracts and extensions
UK-headquartered offshore driller Ensco has been awarded a series of new contracts and extensions according to the company’s latest fleet…
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