Sector
-
SITC executes options for boxship pair at Yangzijiang
Chinese boxship operator SITC has executed options for the construction of two 2,400 teu containerships. The total price for the…
Read More » -
Dynamic positioning inventor dies
Russell Hodge from Pirie Smith pays tribute to Howard Shatto, the father of dynamic positioning, who died earlier this month…
Read More » -
Entrenched attitudes versus technology adoption
Chief correspondent Jason Jiang asks whether the mindset of those working within maritime is holding the industry back from becoming…
Read More » -
Ancora sells one of its two suezmaxes
Greek owner Ancora Investment Trust has let go of one its two suexmaxes, brokers tell Splash , getting rid of…
Read More » -
Amsterdam readies LNG bunkering service
Port of Amsterdam and Titan LNG have signed a long-term contract for the home location of Titan’s bunkering pontoon: the…
Read More » -
Lumoso Pratama adds supramax
Sources link the shy Indonesian outfit, Lumoso Pratama, to its first ship buy in years. The Southeast Asian line has reportedly…
Read More » -
CSSC brings in strategic investors for four subsidiary yards
China State Shipbuilding Corporation (CSSC), one of two state-run shipbuilding conglomerates in China, have brought in strategic investors for four…
Read More » -
Petrobras to join industry climate initiative
Brazil’s troubled state oil firm Petrobras, a major offshore drilling player, is set to join the Oil and Gas Climate…
Read More » -
Sanchi oil spill continues to spread
It has been almost a fortnight days since the NITC tanker Sanchi sank in the East China Sea after an…
Read More » -
Hyundai Heavy Industries suspends production after fatal incident
South Korean shipbuilder Hyundai Heavy Industries (HHI) suspended production yesterday following a fatal accident that occurred at the yard this…
Read More » -
Planned merger of McDermott with CB&I clears US antitrust hurdle
A potential multi-billion-dollar merger of Houston-based offshore drilling services company McDermott International with Chicago Bridge & Iron (CBI) moved a…
Read More » -
Japanese giants discuss LNG bunkering
Kawasaki Kisen Kaisha (K Line), Chubu Electric Power, Toyota Tsusho Corporation and and Nippon Yusen Kaisha (NYK) have begun joint…
Read More » -
China lays down Arctic vision for a Polar Silk Road
China today laid down its vision for a ‘Polar Silk Road’, vowing to develop the Arctic as a shipping highway.…
Read More » -
Philippines joins elite 20,000 teu club
The Philippines yesterday celebrated another step towards the elite of shipbuilding with the delivery of its first 20,000 teu class…
Read More » -
Tanker scrapping predicted to accelerate through to 2020
Analysts at Alphatanker are predicting a protracted period of tanker scrapping brought around by a mixture of poor rates and…
Read More » -
Counter cyclical handysize bulker asset plays
Court Smith from VesselsValue makes the investment case for smaller bulk carriers. When assessing asset values and looking for those…
Read More » -
Wilhelmsen Ship Management: At the forefront of the digitalisation experience
The shipmanagement business has evolved from a pure nuts and bolts industry to a far more competence driven sector requiring…
Read More » -
Rival to VesselsValue hoves into view
Maritime Strategies International is set to give online pricing portal VesselsValue a run for its money with significant upgrades to…
Read More » -
Navios Partners picks up panamax bulker pair for $22m
Navios Maritime Partners is acquiring two 2006-built panamax bulkers for a total of $22m. The 74,500 dwt vessels are scheduled…
Read More » -
SUMEC to take over Dayang Shipbuilding
SUMEC Group, a machinery manufacturer based in Jiangsu, is going to take over bankrupt Yangzhou Dayang Shipbuilding via a new…
Read More »