Sector
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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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Bahri taps new CEO in diversification drive
Saudi Arabia’s largest shipping line Bahri has tapped a livestock expert to become its new CEO starting on January 1.…
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European shipowners urge for swift progress in Brexit negotiations
Top management at the European Community Shipowners’ Associations (ECSA) has urged for swift progress to be made between the EU…
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Zodiac and Rickmers swoop for CP Offen capes
Two shipping heavyweights have picked up capesizes from Claus-Peter Offen in bank driven sales at an opportune time in the…
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Seacor joint venture seals sale and leaseback deal for Jones Act product tanker
New York-listed Seacor Holdings has announced that its Jones Act shipping jv SEA-Vista has reached an agreement to sell one…
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Aker Solutions wins long-term Statoil subsea support contract
Aker Solutions has secured a framework agreement with Statoil to provide subsea services to the oil major’s oil and gas…
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Seamec DSV awarded Dolphin Offshore charter
Indian dive support vessel owner Seamec has been awarded a contract by compatriot Dolphin Offshore Enterprises to utilise the 1983-built…
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Quebec City poised for maritime transformation
The Quebec Port Authority (QPA) has announced plans to build a world-class container terminal as part of the proposed Beauport…
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India’s port volumes predicted to quadruple by 2025
India’s ports are set to handle four times as much cargo within the next eight years, but volumes will remain…
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PDVSA settles lawsuit with Sinopec subsidiary in US court
Venezuela’s troubled state oil firm PDVSA has settled a lawsuit against it by China’s state oil firm Sinopec, according to…
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Contracts pour in for SolstadFarstad
Busy SolstadFarstad has entered a contract for the PSV, , with Aker BP for a period of three months firm…
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