Sector
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26 vessels up for grabs in Toisa sell-off
Clarksons has been appointed by the US Bankruptcy Court to sell off the entire commercial shipping fleet of Gregory Callimanopulos’s…
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Jakarta to ditch controversial coal and palm oil shipping ruling until 2020
The Indonesian government has taken the decision to postpone until 2020 controversial plans to make all exports of coal and…
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Macquarie and Goldman Sachs buy Dutch terminal operator
Infrastructure funds managed by Macquarie and Goldman Sachs have sealed a deal to buy Dutch terminal operator HES International from…
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Kunlun takes Japanese VLGC
Chinese owner Kunlun Holdings is strengthening its presence in the VLGC sector, adding the 78,462 cu m from Japan’s Iino…
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DSME secures orders for VLCC pair
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering has secured a deal for the construction of two VLCC tankers from…
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Turkey’s GSD makes first tanker foray
Turkish owner GSD Holdings has made its first foray into the tanker sector. Broking sources tell Splash the Istanbul- headquartered…
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Torm exercises options on three MRs at GSI
Danish owner Torm has added to its fleet, exercising options for three MR newbuildings at Chinese yard Guangzhou Shipyard International.…
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Cosco anticipates June conclusion for OOCL takeover
Cosco anticipates sealing the $6.3bn takeover of Hong Kong’s Orient Overseas Container Line (OOCL) by the end of June. Cosco’s…
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Scorpio Bulkers seals kamsarmax financing
Scorpio Bulkers has been given a loan facility commitment for up to $12.75m to finance a kamsarmax newbuilding due for…
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USCG issues lube warning pertaining to lessons learned from El Faro disaster
The US Coast Guard has issued a Safety Alert urging ship operators to ensure the main propulsion lube oil systems…
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TGS secures Brazilian survey project
Offshore seismic service provider TGS has secured the Brazil Southern Basins SeaSeep Project in the Campos and SantosBasins offshore Brazil.…
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Transparency International lambasts IMO’s governance structure
Once again the International Maritime Organization (IMO) stands accused today of letting private, corporate interests exert too much influence at…
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2035 and all that: Global warming, shipping emissions and acronym soup
Before diving into the acronym soup in which this subject floats, I would like to say something: When I last…
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Maybulk to offload stake in POSH
Malaysian Bulk Carriers (Maybulk), controlled by tycoon Robert Kuok, has proposed to dispose of its entire 21.23% stake in loss-making…
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Russian transport tycoon arrested on embezzlement charges
The Russian authorities have arrested billionaire Ziyavudin Magomedov, a key player in Russia’s transport sector, on charges of embezzling over…
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Indian owners up in arms over possible cabotage changes
Indian shipowners are threatening a mass exodus from the national flag if cabotage rules are eased. Indian owners have long…
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Oriental Energy and Kunlun Holding to establish VLGC pool
Chinese gas trader Oriental Energy has signed a strategic agreement with Hong Kong-based energy trader Kunlun Holding to collaborate on…
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Great Eastern Shipping adds another gas carrier
India’s Great Eastern Shipping has signed a contract to acquire a 2007-built very large gas carrier, its second gas ship…
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Reach Subsea wins several new contracts
Norway’s Reach Subsea has entered into short term contracts for Edda Fonn, Havila Subsea and Olympic Delta. The contracts, with…
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Rowan secures jackup contract from Shell
Rowan Companies’ jackup rig has been awarded a five-well program by Shell UK for plugging and abandonment work on the…
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