Sector
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Great Eastern Shipping sells ageing VLGC
India’s Great Eastern Shipping Company has announced the sale of 1994-built VLGC to an unnamed buyer. Great Eastern did not…
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Algoma acquires Oldendorff bulker trio in CSL pool
Canada’s Algoma Central Corporation has sealed a deal with Oldendorff to acquire the German owner’s interest in the CSL International…
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North’s post-Brexit Irish subsidiary up and running
North P&I has become the first UK P&I Club to confirm post-Brexit trading arrangements. Its subsidiary in Ireland, North of…
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Nord/LB files court case against Brightoil
German bank Nord/LB has filed a legal case against Brightoil Petroleum in the High Court of Hong Kong due to…
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Saipem awarded $1.3bn worth of offshore contracts by Saudi Armanco
Italy’s Saipem has been awarded two engineering, procurement, installation and construction contracts by Saudi Aramco, worth around $1,3bn, and part…
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Gard issues warning on scrubber ban proliferation
Gard P&I has published an eye-opening map (see below) of places around the world it believes have issues with scrubber…
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Manila broadens discussions with overseas firms to acquire bust Hanjin Subic
Authorities in the Philippines are determined to give Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) every chance of surviving, with…
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CMA CGM bids adieu to the MacAndrews brand
France’s CMA CGM is folding the MacAndrews brand into its other intra-European subsidiary, Containerships, effective April 1. Acquired by CMA…
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Ocean Alliance members extend cooperation to 2027
The member companies of the Ocean Alliance – CMA CGM, Evergreen Line, Cosco and Orient Overseas Container Line (OOCL), have…
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Shipping’s black box gets blockchain upgrade
The voyage data recorder (VDR) – shipping’s black box – could become a blockchain box with news from Singapore of…
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BW completes Hafnia merger
BW Tankers has competed its merger with Denmark’s Hafnia Tankers, creating a company with the world’s largest product tanker fleet.…
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D’Amato bulk carrier to be auctioned by Chinese court
China’s Ningbo Maritime Court has announced that it will hold an auction to sell the 2001-built panamax bulker via online…
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Seacor Marine acquires three more PSVs from Cosco
US offshore vessel operator Seacor Marine Holdings has entered into agreements to acquire three platform supply vessels from Cosco Shipping…
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Bureau Veritas reveals Donche-Gay’s successor
French classification society Bureau Veritas has announced the appointment of Matthieu de Tugny as executive vice-president of the group to…
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Shanghai Bestway chairman fails to sell his shares again
Chinese ship design and shipbuilding company Shanghai Bestway Marine & Energy Technology has announced that its chairman and controlling shareholder…
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Qingdao Port to commence Shanghai IPO on January 21
Chinese port operator Qingdao Port International has announced that it has completed a share offering, and the shares will be…
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Maersk starts random box checks in latest bid to stamp out scourge of misdeclared cargoes
In a bid to stamp out misdeclared cargoes, Maersk has started carrying out random container checks in North America. This…
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Crowded Hong Kong details new go slow areas for ships
Hong Kong is making more efforts to improve ship navigation safety in its crowded waters, with plans to add eight…
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Weekly Broker: Dry bulk sales hit traditional January slowdown
The pallid state of the dry bulk market has managed to scare off some buyers in the sale and purchase…
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Neptune snaps up its first ultramax
Melina Travlos and her new dry bulk outfit Neptune Dry Management have acquired their first ultramax bulker, shipbroking sources have…
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