Sector
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What’s killing our seafarers?
It is easy to forget the strength and brute force that the ocean can render. Few appreciate this more than…
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Weekly Broker: Bulker feast
The secondhand bulker sale and purchase market in the past week has turned to a feast for owners who are…
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Capital opts for scrubbers on its larger ships, charges HMM $4,900 a day premium for 5,000 teu quintet
Evangelos Marinakis’s Capital Product Partners become the latest big name in shipping to hedge their bets and invest in scrubbers…
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Seanergy seals capesize scrubber deals with charterers
Greek dry bulk owner Seanergy Maritime Holdings has entered into agreements for the installation of scrubbers on five of its…
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Nigeria’s NNPC resumes international crude shipping service
Nigerian state-run Nigerian National Petroleum Commission (NNPC) has announced that subsidiary NIDAS Shipping Services will resume crude shipping services after…
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Hartmann Shipping orders LEG at CIMC Sinopacific Offshore
German shipping group Hartmann has placed an order at Chinese yard CIMC Sinopacific Offshore for the construction of a 38,000…
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Bohai Drilling general manager commits suicide
Zhou Zongqiang, general manager of Bohai Drilling Engineering, a drilling service unit of China National Petroleum Corporation (CNPC), committed suicide…
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Hijackings proliferate around West Africa
Details are emerging of further West African hijackings, this time further south than other recent incidents. The tanker Anuket Amber…
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Fincantieri and Brodosplit bid for Uljanik and 3 Maj shipyards
Fincantieri and Brodosplit shipyards officially submitted to the Croatian government their interest in taking over distressed competitor Uljanik together with…
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CMA CGM completes Containerships acquisition
France’s CMA CGM has completed the acquisition of Finnish containership owner and logistics firm Container Finance. The deal with sees…
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Gotland takes d’Amico bulker pair for juice tanker conversion
Dublin-based d’Amico Dry, part of the Italian group d’Amico Società di Navigazione, has just sold to Sweden’s Gotland Tankers a…
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Fire erupts as ferry slams into crane at Barcelona port
Firefighters rushed to the port of Barcelona this morning as a ferry operated by Italy’s Grandi Navi Veloci (GNV) slammed…
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Boxship scrapping levels lowest since 2008
The supply/demand imbalance in the container shipping segment is worsening with Alphaliner reporting 2018 will mark the lowest level of…
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Maersk shifts giant 17,816 teu pair onto booming transpacific
Two of the largest ships to ever ply the transpacific will shortly set off as the tradelane continues to experience…
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Why there’s no love for shipping equities
Many shipping sectors are rebounding, but IPOs remain thin on the ground. J Mintzmyer, lead investor at Value Investor’s Edge,…
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Koch fixes new China Merchants VLCC with scrubber add-on clause
Tanker chartering deals with scrubber bolt-ons are beginning to creep into the market as big names in the market hedge…
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Volumes shipped along Russia’s Northern Sea Route more than quintuple in five years
The volume of cargo shipped along Russia’s Northern Sea Route this year is set to be up more than five-fold…
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Continental Shipping Line quits box sector
Singapore-based feeder operator Continental Shipping Line (CSL) is reported by Alphaliner as exiting the box sector, having sold two 1,400…
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Wintermar Offshore moves to reduce fleet
Indonesian offshore vessel operator Wintermar is in the process of selling some of the older and idle vessels in its…
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DOF awarded PSV contract by Point Resources
Norwegian OSV operator DOF has been awarded a contract by Point Resources for the deployment of its 2012-built platform supply…
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