Sector
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Dynagas seals Chinese sale and leaseback coup
China Development Bank Leasing (CDBL) has announced that it has entered into sale and leaseback agreements with an undisclosed party…
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Cosco Shipping Energy signs for seven tankers at GSI
Cosco Shipping Energy Transportation has officially signed shipbuilding contracts with Guangzhou Shipyard International, a subsidiary yard CSSC Offshore & Marine…
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Subsea 7 wins pair of contracts from Aker BP
Subsea 7 has been awarded two contracts from Aker BP in the Norwegian North Sea, at the Skogul and Valhall…
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DOF offloads PSV
Norwegian offshore owner DOF has sold the 1996-built platform supply vessel . The vessel has been in the DOF fleet…
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Facing up to the reality of a much smarter marine future
A couple of weeks ago, Wärtsilä announced its vision of a Smart Marine Ecosystem. Here in the words of Roger…
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Arbitrator rules for Petrobras in dispute with Sete Brasil
Petrobras, Brazil’s state oil company, announced it has won a favourable arbitration decision in a dispute with Sete Brasil, an…
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Venezuela’s PDVSA has begun making overdue interest payments on bonds
Venezuela’s cash-strapped state oil firm PDVSA says it has begun the process of paying overdue interest payments on four of…
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Cosco seen overhauling Maersk as world’s top containerline in coming decade
Splash readers are predicting Cosco, China’s giant state-backed maritime conglomerate, will overhaul Maersk to become the world’s top containerline in…
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DNV GL becomes fully Norwegian as German partner sells stake
It’s taken more than five years but finally the Foundation Det Norske Veritas has bought out its German partner’s stake…
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Ansheng in 16-ship spree
Antong Logistics, the parent of Ansheng Shipping, has announced a major fleet expansion, which includes 12 newbuildings and four secondhand…
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Serenity: CMA CGM’s new offering designed to keep clients calm
France’s top shipping line has launched Serenity by CMA CGM, a suite of offerings designed to calm clients’ fears in…
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New tanker FFA broker chairman discusses handling rate volatility
FFAs can bring balance sheet stability. That is the message from the new chairman of the Tanker FFA Brokers Association,…
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Marnavi places new chemical tanker order at Wuchang Shipbuilding
Naples-based shipowner Marnavi has set up a joint venture with Simest aimed at investing in new parcel chemical tankers. “We…
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Carboflotta snaps up a LPG tanker resale from Hyundai Heavy Industries
Genoa-based shipping firm Carbofin, part of Carboflotta group, has just signed a MOA for the purchase of a resale newbuilding…
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Safe Bulkers adds a post-panamax
Safe Bulkers has acquired a South Korean 2010-built post-panamax dry bulk vessel at what it described as “an attractive price”.…
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Ultra Deep Solutions seals five-year charter for newbuild DSCV
Singapore subsea owner Ultra Deep Solutions has entered into a five-year charter agreement with Malaysia’s Red Tech Offshore for newbuild…
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Navios Maritime Containers fleet hits 20 with completion of latest acquisition
Navios Maritime Containers has completed the acquisition of four 2008-built panamax containerships for $96.8m. The four 4,730 teu vessels are…
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Call for software maintenance standard for shipping
BIMCO and the international association for the marine electronics industry, CIRM (Comité International Radio-Maritime), have sent the industry’s first proposal…
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Yang Ming strikes new path with Taiwan’s port body
Fresh from an injection of cash from the state Yang Ming Marine Transport has detailed plans to scrap 20 ships…
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Container consolidation to continue in 2018: Moody’s
Consolidation, whether through alliances or M&A, will continue apace in the container shipping industry into 2018 as companies try to…
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