Sector
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CMB eyes first hydrogen-powered bulker as early as 2023
Belgian shipowner CMB Group is looking to adopt alternative clean fuel in the future as a way to deal with…
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IMO to ban carriage of non-compliant fuels
An amendment to support consistent implementation of the forthcoming 0.50% limit on sulphur in ships fuel oil was adopted by…
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Green recycling picks up as price differential narrows
Despite China’s imminent exit from the international ship recycling scene, Clarkson Research is reporting a significant uptick of inquiries for…
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Emas Offshore closes in on another rescue deal
Offshore vessel operator Emas Offshore, part of Singapore’s Ezra Holdings, has entered into a non-binding term sheet with Udenna Corporation…
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Gordon Dadds acquires Ince & Co
Two London-based law firms Gordon Dadds and Ince & Co International are set to merge, after Gordon Dadds agreed to…
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Crew of Swiss bulker freed after kidnapping off Nigeria last month
Twelve crewmembers kidnapped from a Swiss ship off Nigeria last month have been freed, Swiss judicial officials said on Sunday.…
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Union Maritime exits supramax sector
Brokers tell Splash British owner Union Maritime has committed its supramax for around $10m, giving it a tidy $2m profit…
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Alios Bulkers panamax snapped up by Eastern Mediterranean
Thanassis Martinos-led Eastern Mediterranean Maritime (Eastmed) has acquired 2004-built panamax buker from Livanos company Alios Bulkers, according to broking sources.…
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Pertamina in for three NYK tankers
Nippon Yusen Kaisha (NYK) has been pruning its MR tanker fleet. Brokers report Indonesian energy giant Pertamina has come in…
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Sembcorp Marine wins two renewable energy engineering contracts
Singapore’s Sembcorp Marine has been awarded two separate contracts worth S$200m ($144m) for renewable energy engineering solutions. The yard has…
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Cochin Shipyard continues expansion
India’s largest state-run shipbuilder Cochin Shipyard will start construction of a new dry dock this week as it looks to…
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Port Qasim workers continue protest over unpaid salaries
More than 1,500 dock workers of Port Qasim in Pakistan have been protesting over unpaid salaries against Port Qasim Authority…
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EMGS awarded South American survey contract
Seismic survey specialist Electromagnetic Geoservices (EMGS) has been awarded a proprietary data acquisition survey contract in South America. The contract,…
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India makes overseas port moves on several fronts
India is finally flexing its financial muscles and getting port investments fixed with its neighbours. Splash reported earlier this week…
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Cosco in talks to take 49% stake in Sovcomflot
China’s state run shipping conglomerate China Cosco Shipping Corporation is in talks to take a stake of up to 49%…
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Bunge, Cargill, ADM and Louis Dreyfus join forces to digitise agrishipping
Four of the largest grain traders in the world are partnering to seek ways to digitise shipping transactions. Archer Daniels…
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CMA CGM moves to acquire CEVA Logistics
French containerline CMA CGM has moved to buy out the remaining shares in CEVA Logistics. The Marseille-headquartered line already has…
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Singapore bunkering executive placed on FBI’s most wanted list
A Singapore businessman, involved in the local bunkering scene, has been charged by US authorities with laundering money for North…
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Ocean Yield seals chemical tanker leaseback deal with Ardmore Shipping
Norway’s Ocean Yield has acquired two 2015-built chemical tankers from Irish owner Ardmore Shipping, and will charter them back on…
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Sinotrans picks up ZMI kamsarmax trio
Chinese shipping giant Sinotrans has acquired three kamsarmaxes from Zhejiang Materials Industry (ZMI), according to brokers. Yangfang-built (built 2013), (built…
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