Sector
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Extra loaders deployed on bouyant transpacific
The belated bullrun on the transpacific has seen Maersk add a couple of extra loaders to make the most of…
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Shearwater GeoServices to acquire marine seismic business from Schlumberger
Shearwater GeoServices, the joint venture formed by GC Rieber Shipping and Rasmussengruppen, has entered into an agreement to acquire the…
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France unhappy with EU’s post-Brexit shipping lane plan
France has attacked post-Brexit plans to create a new shipping corridor between Ireland and northern Europe, likely via Belgium and…
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Finnish Maritime Accelerator launched
The Nordic area is increasingly a competitive hotbed of maritime innovation. Finland is determined to be at the forefront of…
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Foremost puts capesize trio up for sale
US dry bulk shipping company Foremost Group has put three capesize bulkers up for sale. According to broking sources, the…
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Mangrove Partners exercises newcastlemax options at Yangzijiang Shipbuilding
US-based investment firm Mangrove Partners is said to have placed an order at China’s Yangzijiang Shipbuilding for the construction of…
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Maersk sets world record for single containership load
Denmark’s Maersk Line claims to have setthe a world record for the highest-ever load of containers carried on a single…
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Chinese real estate major joins Zhejiang Shipbuilding restructuring
Zhejiang Shipbuilding, a bankrupt subsidiary yard of Sinopacific Shipbuilding, has released a draft restructuring plan. Under the plan, Shanghai Yingjun…
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CSIC appoints new general manager
Chinese state-run shipbuilding conglomerate China Shipbuilding Industry Corporation (CSIC) has appointed Wu Yongjie as the new general manager of the…
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US sanctions Russian shipping firms and vessels over North Korea violations
The US government has announced sanctions on two Russian shipping companies and six vessels over alleged business connections with North…
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NYK looks at lasers to cut corrosion on ships
Japan’s Nippon Yusen Kaisha (NYK) is looking at using laser technology to reduce corrosion on its ships. NYK has signed…
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Saipem scores new offshore contracts in Guyana and Congo worth $700m
Italian contractor Saipem has been awarded contracts by Esso Exploration and Production Guyana for the second phase of the ExxonMobil…
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Abandoned Aroania Maritime bulker sold at auction
China’s Ningbo Maritime Court has sold the 1997-built handymax bulker via an online auction today. The vessel had been detained…
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Maersk sends first boxship along the Northern Sea Route
Maersk is sending a brand new boxship on the Northern Sea Route (NSR) in the next few days in a…
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Oil exports exceed imports along Texas’ Gulf Coast for the first time
In a landmark shift in global energy trading patterns the Houston Chronicle is reporting that in April oil exports in…
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Pacific Drilling moves a step closer to emerging from chapter 11
Drillship owner Pacific Drilling has announced that its reorganisation plan now has the full support of the company’s majority shareholder,…
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V.Group embarks on project to digitalise crew management
Shipmanagement giant V.Group is digitalising its crew systems to make life easier for those at sea. The company has tapped…
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Maersk Line adopts CargoSphere’s digital rate distribution system
CargoSphere, the American rate network for container shipping, has announced that Maersk Line has gone live with digital, fully-automated distribution…
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Chinese startup Yuanben signs with Maritime Silk Road Platform to provide blockchain service
Chinese blockchain startup Yuanben has signed a blockchain technical service cooperation agreement with Maritime Silk Road Platform to provide blockchain…
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Offen sells another cape
Claus-Peter Offen has reduced its exposure to the capesize segment with its latest sale. The Hamburg-based shipowner has reportedly let…
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