Sector
-
BASS: A helicopter view of shipping operations
BASS, a Norway-based maritime software provider, is upping its efforts on the development of the next generation fleet management system,…
Read More » -
Harren & Partner acquires Blue Giant OCV
Germany’s Harren & Partner has acquired 2008-built offshore construction vessel from UK-based operator OIG Group for an undisclosed price. The…
Read More » -
SeaBird acquires seismic vessel from CGG
Norwegian seismic specialist SeaBird Exploration has entered into exclusive negotiations with France’s CGG to acquire 2009-built seismic vessel for $17m.…
Read More » -
D’Amico International Shipping sells product tanker
Luxembourg-based d’Amico International Shipping has announced that its Irish operating subsidiary d’Amico Tankers has reached an agreement to sell 2003-built…
Read More » -
Thoresen offloads 23-year-old bulker to Hermes Maritime
Thoresen Thai Agencies has announced the sale of 1995-built open hatch bulk carrier for $5.6m. Data from Equasis shows the…
Read More » -
Australians ban Chinese bulker over crew pay failure
The Australian Maritime Safety Authority (AMSA) has banned the Hong Kong-flagged bulk carrier for 12 months after it was discovered…
Read More » -
POSH and Kerry TJ Logistics join forces in Taiwan offshore renewables
Singapore offshore marine service provider PACC Offshore Services (POSH) and Taiwan-based logistics firm Kerry TJ Logistics are setting up a…
Read More » -
Seamec awarded charter contract by ONGC
Indian offshore vessel operator Seamec has received a notification of award from compatriot oil and gas major ONGC for the…
Read More » -
SUMEC confirms Dayang Shipbuilding restructuring
SUMEC Group, a machinery manufacturer based in Jiangsu, has confirmed that it would join the restructuring of Yangzhou Dayang Shipbuilding,…
Read More » -
Sincere Navigation order at STX falls through
Taiwanese owner Sincere Navigation’s product tanker order at South Korean yard STX Offshore & Shipbuilding has fallen through after the…
Read More » -
‘Hapag-Lloyd would rather take over CMA CGM than vice versa’: Klaus-Michael Kühne
CMA CGM has made overtures to German rival Hapag-Lloyd, but the merger talk was flatly rejected. In comments reported by…
Read More » -
I.M. Skaugen in ‘massive legal process’ with ex-partner Teekay
Struggling Norwegian gas carrier operator I.M. Skaugen has revealed it has entered a “massive legal process” with an old business…
Read More » -
Bourbon suspends debt payments
French offshore vessel owner Bourbon has signed a general waiver with lenders allowing the company to suspend payments servicing the…
Read More » -
Sanko left with just six bulkers after LPG pair sold
Japan’s Sanko Steamship has sold its only two LPG vessels according to brokers, leaving it with a fleet of just…
Read More » -
DryShips sells VLGCs to exit gas sector
George Econonou’s DryShips has announced the sale of its four VLGCs less than a month after it withdrew a proposed…
Read More » -
Monteverde di Navigazione reaches restructuring deal with banks
Following the news that Gestioni Armatoriali has reached an agreement with its creditors over the long-awaited financial restructuring, another Italian…
Read More » -
Qingdao Yangfan emerges from restructuring
Qingdao Yangfan Shipbuilding has successfully completed a long restructuring process, having gone into bankruptcy protection in October 2016. State-run Huatong…
Read More » -
Milaha expands to West Africa
Qatar’s Milaha has expanded its global footprint by deploying its flagship, the liftboat , off the coast of West Africa…
Read More » -
CMA CGM extends charter of Diana Containerships panamax
Diana Containerships has announced that CMA CGM has extend the time charter contract of 2001-built 3,739 teu panamax containership for…
Read More » -
Robust container production predicted through to 2020
Container equipment rental rates and cash investment returns remain weak, despite last year’s recovery. But an earlier rise in container…
Read More »