Sector
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Diana Shipping fixes panamax to Hudson
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Hudson Shipping Lines for 2004-built panamax…
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Yasa sells aframax to Soechi
Shortly after Yasa started recirculating five bulkers for sale, the Turkish owner’s fleet renewal is picking up pace. The first…
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UK, Panama, US and Marshall Islands accused of seeking to halt reforms at the IMO
The UK, the Cook Islands, Marshall Islands, Panama, United Arab Emirates and the United States stand accused today of holding…
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World’s largest liners launch new container shipping association
A.P. Moller – Maersk, CMA CGM, Hapag-Lloyd, MSC and Ocean Network Express plan to establish a container shipping association, which…
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HMM losses increase as line vows to spend more on big boxships
South Korean flagship HMM continues to lose money in a massive way, and responds by saying it will spend more…
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Taylor Maritime: Handy timing
Ed Buttery, the founder of fast growing Hong Kong handy owner Taylor Maritime, stars on the latest cover of Maritime…
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Cargill takes stake in Seanergy as part of capesize refinancing
Commodity trading giant Cargill has taken a stake in Greek dry bulk owner Seanergy as part of a deal to…
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Weekly Broker: Owners unfazed by dry bulk freight rate collapse
The final quarter is proving to be the busiest three-month period of the year for secondhand transactions, and the buying…
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Japan to ease visa entry for foreign yard workers
Amid a demographic straightjacket Tokyo will open up its highly regulated visa program to get more foreigners to work at…
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NYK displays its vision of a decarbonised car carrier
Japan’s Nippon Yusen Kaisha (NYK) has unveiled a concept car carrier in its ongoing bid to decarbonise its fleet. The…
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Shearwater completes takeover of Schlumberger seismic business
Shearwater GeoServices, the joint venture between GC Rieber Shipping and Rasmussengruppen, has completed the acquisition of the marine seismic acquisition…
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MPC opts for up to 55 scrubbers, citing charterer demands
Fast growing feeder boxship operator MPC Container Ships has entered into agreements for the acquisition of five scrubbers which are…
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Sovcomflot secures $149m credit facility for LNG carrier newbuild
Russia’s largest state run shipping firm Sovcomflot has signed a 10-year $149m credit facility with a consortium formed by ING…
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Perdana Petroleum anchor handler contracted to ROC Oil
Malaysia’s Perdana Petroleum has been awarded a contract by ROC Oil for the provision of an AHTS vessel so support…
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PGS scores $75m survey contract in South America
Oslo-based offshore survey specialist PGS has entered into a contract for a 3D survey in South America for an undisclosed…
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BIMCO unveils two 2020 bunker clauses
Global shipowning body BIMCO has developed two 2020 bunker clauses ahead of the global sulphur cap that deal with general…
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Robot hold cleaner trialled
Danish shipowner Norden is trialling a new belt-driven robot (pictured) which can be operated remotely to go up and down…
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NYK secures Unipec LNG charter
Japanese shipping major Nippon Yusen Kaisha (NYK) has fixed a four and a half year time charter deal for one…
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MOL boss admits ONE’s first year has been ‘shocking’
The CEO and president of Mitsui OSK Lines (MOL) has branded his new co-owned containerline’s financial results “shocking” and vowed…
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Singapore’s CMIA revealed as new owners of Bengal Tiger Line
CMIA Capital Partners, a Singapore-based private equity firm, has been revealed by analysts at Alphaliner as the new owners of…
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