Sector
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Courage acquires supramax bulker
Hong Kong-listed Courage Investment, formerly known as Courage Marine, has entered into a memorandum of agreement to acquire a 2011-built…
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Ship Finance International offloads VLCC
John Fredriksen’s Ship Finance International (SFI) says it has agreed to sell 2002-built VLCC tanker to an unrelated third party.…
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GNG Ocean Shipping secures financing for chemical tanker pair
China’s state-owned GNG Ocean Shipping has entered into an agreement with BNP Paribas for the financing of two of the…
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MTT Shipping orders up to six feeder boxships at Zhoushan Changhong
Malaysian containership operator MTT Shipping has entered into shipbuilding contracts with China’s Zhoushan Changhong International Shipyard for the construction of…
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MSC’s CIO makes the case for carrier digital harmonisation
Container shipping is playing catch-up with other industries such as aviation and banking when it comes to having a common…
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Two thirds of LNG orders placed this year are speculative
Two thirds of the LNG orders placed this year have been speculative, according to Norwegian owner Awilco LNG, in a…
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Crude tanker rates predicted to consolidate as US softens Iranian sanctions
Crude tanker rates are predicted to consolidate by brokers Simpson Spence Young (SSY) on the back of the surprise decision…
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2019 predictions and beyond
As is customary at this time of the year the editor tells me to stick my neck on the line…
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Shandong Shipping orders 10 capes at Waigaoqiao Shipbuilding
Chinese state-run shipping major Shandong Shipping have entered into agreements with two financial leasing houses Bocomm Leasing and Shandong Huachen…
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Raffles Shipping books up to six chemical tankers at Wuchang Shipbuilding
Singapore’s Raffles Shipping is expanding its chemical tank fleet. The company has entered into a shipbuilding contract with CSIC-affiliated Wuchang…
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Wah Kwong orders panamax pair at CSSC Chengxi
Hong Kong-based shipowner Wah Kwong has signed shipbuilding contracts with one of its regular yards, CSSC Chengxi Shipyard, for the…
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Taylor Maritime handysize snapped up by Narval Shipping
Greek owner Narval Shipping has acquired the 1998-built handysize bulker from Hong Kong’s Taylor Maritime. Brokers tell Splash the deal…
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Global Ship Lease completes merger with Poseidon
London-based containership owner Global Ship Lease has announced the completion of a previously announced stock-for-stock merger with Greek owner George…
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Klaveness Combination Carriers extends COA with South32
Klaveness Combination Carriers has signed an agreement with Singapore’s South32 Marketing to extend the current contract of affreightment (COA) for…
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Saga LNG ordering up to four LNG carriers at CMHI
Saga LNG Shipping, the LNG shipping unit controlled by Landmark Capital, is going to order up to four 80,000 cu…
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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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