Sector
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Malaysia Shipowners’ Association calls for review of cabotage policy
The Malaysia Shipowners’ Association (MASA) has called for a review of the removal of cabotage policy in Sabah, Sarawak and…
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Havila Shipping disposes of PSV
Havila Shipping has entered into an agreement for the sale of its 1996-built platform supply vessel as part of its…
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Norden joins Maersk in downgrading full year forecast
Citing the “very weak” tanker spot market, Norden has become the second Danish owner in consecutive days to lower its…
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Triyards served with wind up summons
Offshore shipbuilder Triyards Holdings, part of Singapore’s Ezra Holdings, has been served with an originating summons by MDL’s Ocean Energy…
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Weekly Broker: Deals filter through despite holiday lull
The effect of summer holidays continues to show in the sale and purchase market with more potential buyers moving to…
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Tristar acquires Shell’s Dubai chemical terminal
UAE-based chemical shipping & logistics firm Tristar has entered into an agreement to acquire Shell’s chemical terminal in Dubai’s Jebel…
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D’Amico seals another sale and leaseback deal
Italian owner d’Amico International Shipping has announced that its Irish subsidiary d’Amico Tankers has reached an agreement with an unnamed…
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PSA becomes majority shareholder of digital trade enabler CrimsonLogic
Singapore terminal operator PSA International has become the majority shareholder in compatriot digital trade enabler CrimsonLogic. “Alongside the PSA global…
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Wilhelmsen drone delivery project takes off in Singapore
Fresh from sealing a cooperation deal with Airbus on shore-to-ship delivery, Wilhelmsen Ships Service has been selected to help develop…
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Ningbo Marine secures three-year coal shipping contract extension
Chinese bulker operator Ningbo Marine has entered into a new contract with Zhejiang Zheneng Fuxing Fuel for coal shipping services.…
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Vantage Drilling acquiring jackup rig
US offshore drilling contractor Vantage Drilling is expanded its fleet with the acquisition of a jackup rig according to the…
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Keppel steps away from Baku Shipyard
Singapore shipbuilding conglomerate Keppel has jettisoned its Azerbaijan shipyard commitments as it focuses its energies on securing a solid line…
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Solstad Farstad renews SBM Offshore deal
Solstad Farstad has renewed its frame agreement with SBM Offshore for 2019 and 2020. Under the latest agreement, SBM Offshore…
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India’s GOL Offshore shut down
India’s GOL Offshore has finally been put out of its misery, and has been shut down after lenders failed to…
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Alphaliner predicts idled box fleet to more than double by end of the year
Box watchers at Alphaliner are predicting the idle container fleet will more than double between now and the end of…
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Maersk shares rally despite profit warning
Investors surprised the market yesterday, backing Denmark’s largest shipping group despite a profit warning. Shares in AP Moller-Maersk rose as…
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Arkon forms boxship chartering firm
A new German boxship chartering firm has been launched. Arkon Shipping has joined forces with five German owners to create…
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Vinalines IPO set for September 5
State-owned Vietnam National Shipping Lines (Vinalines) is finally proceeding with a much delayed initial public offering. More than five years…
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Hanseaticsoft: Cloud clears way for shipmanagers
Hamburg-based shipmanagement software provider Hanseaticsoft is well on track for expansion with its cloud-based software. Following a significant investment by…
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McDermott awarded installation contract by Shell
McDermott International has been awarded a contract by Shell Exploration and Production Company for subsea umbilical and flowline installation at…
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