Sector
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AET orders shuttle tanker quartet for Petrobras deal
AET, part of Malaysia’s MISC, has headed to Korea to order four suezmax shuttle tankers after winning a long-term charter…
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Berge Bulk scales up with Matterhorn purchase
Berge Bulk is revealed as the taker of the eight year old cape, , a Dalian-built ship reported sold at…
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H-Line takes another modern cape
Hsin Chien Marine is the second Taiwanese owner in the past fortnight to be offloading relative modern bulkers. Over the…
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Solstad Farstad sells two more anchor handlers
Solstad Farstad has announced the sale of two anchor handling tug supply vessels Far Senior (built 1998) and Far Sailor…
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OOCL extends charter of Diana boxship
Greek owner Diana Containerships has sealed a deal with Hong Kong’s OOCL to extend the time charter contract 2006-built post-panamax…
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Concordia Maritime and Stena Bulk charter in three suezmaxes
Concordia Maritime stays it has joined in with Stena Bulk to charter in three South Korean-built suezmax tankers to go…
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Bankrupt Zhejiang Yingzhou Shipyard taken over by fishery group
China’s Ping Tai Rong Ocean Fishery Group has acquired the assets of bankrupt Zhoushan Yingzhou Shipyard in a court-led auction…
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Meghna orders ultramax pair at Taizhou Sanfu
Bangladeshi owner Meghna Marine has placed an order at China’s Taizhou Shipbuilding for the construction of a 64,000dwt ultramax bulker,…
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ZPMC awarded wind farm EPCI contract
Shanghai Zhenhua Heavy Industries (ZPMC) has secured an offshore engineering contract from the operator of Datang Jiangsu Binhai Wind Farm.…
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CSC Phoenix fails to extend charters, faces imminent capacity shortage
China’s CSC Phoenix has failed to negotiate new charter contracts for a total of 13 bulkers with its former parent…
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Peru cancels five offshore oil project contracts with Tullow
Peru’s government has cancelled five offshore contracts with UK developer Tullow Oil on the grounds that the previous regime, which…
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NTSB issues illustrated digest of its final report into the El Faro tragedy
The US National Transportation Safety Board (NTSB) on Friday announced the release of an easy-to-read digest version of its final…
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Doughty to step down at Wallem
Simon Doughty is to step down as CEO of the Wallem Group, one of Hong Kong’s largest shipping services company.…
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Odfjell Drilling secures Atlantic drilling contract from Equinor
Odfjell Drilling has signed a contract with Equinor, formerly known as Statoil, for its semi-submersible drilling platform for six firm…
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Maersk successfully pilots first marine insurance blockchain platform
Insurwave, the world’s first marine hull insurance blockchain platform, is up and running and is ready for commercial use after…
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Liners urged to rethink emergency bunker surcharges
Maersk Line and MSC, the world’s two largest containerlines, have introduced emergency bunker surcharges, with other lines expected to follow…
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Hyundai Merchant Marine exits the transatlantic trades
South Korean shipping major Hyundai Merchant Marine (HMM) is exiting from the transatlantic container trades by terminating service of two…
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Are VLCCs anywhere near bottoming out?
Chief correspondent Jason Jiang warns there’s more pain in store for tanker owners. The crude tanker market is suffering some…
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OSERV: The complete cyber damage limitation service
OSERV, a part of OSM Maritime Group focusing on supply chain management and value-added services, has geared up to offer…
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Kalmar to provide autonomous terminal equipment to aid groundbreaking Yara Birkeland project
Equipment manufacturer Kalmar, part of Cargotec, and Norwegian fertilizer producer Yara have entered into an agreement in which Kalmar will…
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