Sector
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Cargill has no interest in owning ships
Commodities giant Cargill is looking to exit its brief flirtation with shipowning. Great Wave Navigation, a joint venture between Cargill…
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IMO defends its position on cyber
Discussion at yesterday’s Asia Pacific Maritime (APM) exhibition in Singapore that the International Maritime Organization could lose its legitimacy if…
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Bourbon Offshore flags going concern issues
French offshore vessel owning giant Bourbon has asked lenders to postpone repayments as it looks to sort out a deal…
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Weekly Broker: Red-hot feeder boxship charter market spurs buying spree
The red-hot charter market for feeder boxships is seeing a number of box operators scramble to buy up tonnage as…
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Seaspan adds 18 boxships with $380m GCI deal
Canada’s Seaspan has acquired the remaining 89% equity interest of Greater China Intermodal Investments (GCI) from affiliates of The Carlyle…
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Ship Finance International snaps up 15 vintage boxships
John Fredriksen’s Ship Finance International (SFL) has agreed to acquire a fleet of 15 feedermax boxships, ranging from 1,100 teu…
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Asian Bulk Logistics plans to develop global bulk shipping fleet
Asian Bulk Logistics, a Jakarta-based integrated logistics and transportation service provider for the mining and commodities industry, has launched a…
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Simatech takes its largest ever ship on charter
Simatech has fixed the largest ship it has ever taken on charter. The Dubai line has taken the 8,814 teu…
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Bibby Offshore secures offshore contract hat-trick
Bibby Offshore has secured three major contracts from an unnamed oil and gas supermajor. The initial contract will see Bibby…
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Maritime CEO Forum: Sentimentality gets in the way of the blowtorch
If owners can be rational for once then they can enjoy some good times in the coming couple of years.…
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Petrobras to sell its full stakes in two fields off Brazil’s northeast coast
Petrobras, Brazil’s state oil company, announced it will sell two offshore oil fields, one in production and one not yet…
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Navios Maritime Containers adds to fleet
Within days of raising $30m for new vessels, Angeliki Frangou’s Navios Maritime Containers has completed the acquisition of a 2010-built…
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Maritime CEO Forum: Dry bulk stars in alignment a cause for concern
The sense of optimism among the majority of speakers at yesterday’s high level Maritime CEO Forum dry bulk debate led…
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New Noble hints at UK move as part of restructuring
Embattled Hong Kong commodities trader Noble Group has managed to sign a binding restructuring support agreement (RSA). The proposed restructuring,…
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Wah Kwong: CMA Commodore in waiting
Tonight Sabrina Chao, the chairman of Hong Kong shipowner Wah Kwong, will don a black naval hat – purchased nearly…
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‘Normal means nothing is normal. Normal means change’: ABS boss
Christopher Wiernicki, the chairman of American class society ABS, has once again impressed upon the shipping industry the need to…
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Call for regulatory sandbox to help shipping and IMO navigate digitalisation
Technology is outpacing the regulatory environment, which could put the future of the International Maritime Organization (IMO) at risk, one…
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Pacific Islands issue position paper on shipping emissions
The Pacific Islands Development Forum (PIDF) has published a position paper in regards to shipping emissions negotiations taking place at…
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Ningbo Marine initiates restructuring
Chinese bulker owner Ningbo Marine has announced a major restructuring plan in which it will acquire all the shipping assets…
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BW Offshore awarded FPSO extension by Petrobras
BW Offshore has received notice from Petrobras exercising a one-year extension of the contracts relating to the . BW Offshore…
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