Sector
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Ethics agency looking into treatment of Panama Canal tugboat captains
An agency of the Panamanian government charged with probing ethics violations and corruption is looking into the treatment of tugboat…
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Jianlong Group quits Qingdao Yangfan restructuring, Huatong Group takes over
Jianlong Group, the controlling shareholder of bankrupt Qingdao Yangfan Shipbuilding, has decided to quit the restructuring of the shipyard. The…
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Japanese firms form FPSO consortium
Five Japanese firms MODEC, Mitsui, MOL, Marubeni and Mitsui E&S have entered into an agreement to jointly invest in a…
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Department of Defence calls for restrictions to expanded drilling in Gulf of Mexico
A report submitted by the US Department of Defence (DOD) to two Congressional committees says that planned major expansion of…
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Tote Maritime Alaska pushes back deadlines for LNG conversion of vessels
Shipping line Tote Maritime Alaska has altered its liquefied natural gas (LNG) conversion schedule, including delaying by another year the…
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Reach Subsea awarded IMR contract by Statoil
Reach Subsea has been awarded a frame agreement for inspection, maintenance and repair (IMR) services by Statoil Petroleum. The duration…
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3D printed ships move a step closer
A 3D printed ship moved a step closer yesterday. Shares in New York-listed 3D Systems rocketed on news it has…
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Taiwanese maritime and transport giants form alliance
Taiwanese companies Yang Ming Marine Transport, Taiwan Navigation, TS Lines, Taiwan International Ports Corporation (TIPC), Tungya Transportation and Chunghwa Post…
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Hunter Group goes on VLCC feeding frenzy
Arne Fredly’s new VLCC vehicle, Oslo-listed Hunter Group, has pressed forward in a big way with its VLCC fleet growth…
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Zhejiang Ouhua Shipbuilding files for bankruptcy
Chinese private shipbuilder Zhejiang Ouhua Shipbuilding has filed for bankruptcy with Zhoushan Intermediate People’s Court. Splash reported in January that…
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Antwerp port developing ambitious shipping carbon capture project
With the climate target of getting Belgian CO2 emissions 35% lower by 2030 in mind Antwerp Port Authority and gas…
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Intercargo urges for greater SAR capabilities in the wake of the Stellar Daisy sinking
Intercargo, the dry bulk shipping industry association, has called for greater search and rescue infrastructure in the world. In its…
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Pioneer Marine ends commercial management agreement with BaltNav
Handysize dry bulk specialist Pioneer Marine has reached a mutual agreement with Danish operator BaltNav to cease their cooperation, the…
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Japanese line fined $1m in the US
Japan’s Nitta Kisen Kaisha has been fined $1m by the US Department of Justice after one of its ships was…
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As oil prices rise, Wilhelmsen comes out with offshore reactivation manual
Launching their Offshore Preservation & Re-Activation Manual, Wilhelmsen Ships Service (WSS) today urged offshore industry players to take a second…
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McDermott and CB&I complete merger
McDermott International and Chicago Bridge & Iron Company (CB&I) have completed a $6bn merger, despite unwanted interest in McDermott from…
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Seafarers to continue receiving wages if held by pirates
Seafarers held captive as a result of an act of piracy or armed robbery against ships will continue to receive…
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Diana Shipping newcastlemax charter extended by Koch
Greek owner Diana Shipping has agreed to an extension of the time charter contract with Koch Shipping for 2017-built newcastlemax…
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Venezuela fixes shipping service fees in euros and its virtual currency Petro
Venezuela has fixed the price of shipping fees for services rendered to international vessels in euros or the virtual currency…
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Panama Canal increases neopanamax slots to eight per day
The Panama Canal Authority (ACP) has added an extra reservation slot to its neopanamax locks, making the total eight per…
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