Sector
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Scrubbers: the industrialisation of pollution or saviour of the planet?
It has been a brutal month for purveyors of open-loop scrubbers. Yes, sales tills continue to ring, with many manufacturers…
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Sinopec to supply low sulphur fuel from next year
China’s state run energy giant Sinopec will start supplying low sulphur fuel from 2019, the company announced at an oil…
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ENN Energy orders LNG bunkering vessel at DSIC
Chinese clean energy firm ENN Energy has placed an order at Dalian Shipbuilding Industry (DSIC) for the construction of a…
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Fosen Yard takes over Nordseewerke Emden Shipyard
Norwegian shipbuilding group Fosen Yard has entered into an agreement with the investment group Deutsche Industrieanlagen and Patrick Hennings-Huep, the…
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Giuseppe Bottiglieri puts entire tanker fleet up for sale
Naples-based Giuseppe Bottiglieri Shipping Company intends to sell all its fleet of tankers according to broking sources. The four MR1…
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Nikolas Pateras embarks on feeder buying frenzy
Nikolas Pateras and his 2015-founded Contships Management have embarked on a feeder buying frenzy. Pateras, an adept asset player who…
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Pilot in hot water over last year’s most watched shipping accident
The UK’s Marine Accident Incident Branch (MAIB) has released its report into one of the most high profile accidents of…
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More than 80,000 hit by German box leasing Ponzi scheme
The first creditors’ meeting concerning the insolvency of the German shipping container lessor P&R took place in Munich yesterday, in…
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Weekly Broker: Modern bulkers in high demand
The strong performance in the secondhand dry bulk sale and purchase market continues for yet another week, coupled with the…
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Takers of Vermont UM bunker fleet revealed
The fate of the four-ship fleet of defunct bunker tanker operator Vermont UM has been revealed. Several auctions had to…
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Japanese owners pile in for LPG carriers
Japanese owners Iino Kaiun Kaisha, Tabuchi Kaiun and Komaya Shipping have ordered a total of five small scale LPG carriers…
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Protests ring out at deadly Gadani
Hundreds of workers protested yesterday at the Gadani shipbreaking site in Pakistan, demanding firm action be taken to improve conditions…
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Pressure grows on next week’s MEPC in London
The 73rd meeting of the Marine Environment Protection Committee (MEPC) will take place at the London headquarters of the International…
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Bullish Golar LNG analyst puts his money where his mouth is
J Mintzmyer from US-based Value Investor’s Edge is so confident that shares in NASDAQ-listed Golar LNG are set to soar…
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Diana Shipping kamsarmax charter extended by Glencore
Greek dry bulk owner Diana Shipping has extended the current time charter contract with Glencore for 2013-built kamsarmax bulker .…
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DeepOcean awarded Australian contract
Subsea operator DeepOcean has been awarded a contract for the provision of post-lay trenching services along 65km of umbilical offshore…
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Rizhao Port sets up logistics jv with Cosco
Rizhao Port, a major bulk shipping port in North China, has entered into an agreement with Cosco Shipping Logistics to…
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APM Terminals sells interest in Izmir terminal to SOCAR
APM Terminals have reached an agreement to divest its container terminal in Izmir, Turkey to its current partner SOCAR. In…
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Olympic Shipping sells 19-year-old PSV
Norwegian OSV operator Olympic Shipping has sold its 1999-built PSV . The vessel has been delivered to the new owner…
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Rosco fleet up for sale again
Chinese owner Rewood Ocean Shipping (Rosco) has listed its entire fleet for sale again, having failed to conclude a deal…
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