Sector
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Oman Shipping planning to buy its first containerships
Oman Shipping is planning to enter the containership owning sector through the acquisition of two containerships, replacing ships it currently…
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Safe Bulkers linked to first deal since 2014
Brokers reports link Greece’s Safe Bulkers has done its first S&P deal in years, a significant move by the large…
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Eletson inks landmark sale and leaseback deal with CSIC Leasing
Greek tanker owner Eletson has clinched a $65.5m sale and leaseback agreement with CSIC Leasing, the financial leasing unit of…
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Ognibene quits Heidmar
Ben Ognibene has resigned from tanker pool Heidmar after 13 years with the company. Heidmar had come close last month…
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Panama Canal clocks 2,000th neopanamax transit since expansion
The Panama Canal has marked a milestone with the transit of the 2,000th neopanamax ship since its June 2016 expansion.…
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Court to wind up parent company of Titan Petrochemicals
Titan Petrochemicals has announced that the High Court of Hong Kong has ordered to wind up the company’s controlling shareholder…
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Scerni takes 10% share of International Andromeda Shipping
Monaco-based International Andromeda Shipping has welcomed Paolo Scerni, head of Scerni di Navigazione, as its new minority shareholder several sources…
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Houston Ship Channel needs dredging after huge sediment dump from Hurricane Harvey flooding
The Houston Ship Channel is in serious need of dredging after the huge disruption caused by Hurricane Harvey, it was…
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Senator John McCain calls for Jones Act to be waived to help hurricane-ravaged Puerto Rico
US Senator John McCain on Tuesday called on the Department of Homeland Security (DHS) to waive the Jones Act in…
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Norden secures long-term salt contract with Chile’s Empremar
Danish shipowner Norden has signed a new 10-year contract with Chile’s Empremar for the transportation of road salt from Chile…
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India’s largest port renamed
India’s largest port in terms of cargo throughput has been renamed. Kandla Port, located on the Gulf of Kutch in…
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CSSC and CSIC merger speculation grows
Eighteen years after they were split apart – with the Yangtze River serving as the demarcation line – China’s top…
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China’s Arctic ambitions become clearer with planned new Archangel port
A host of Chinese state-backed companies are keen to invest in a new port project called Belkomur near Archangel as…
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DNV GL creates new 1,000-strong digital division
Class society DNV GL is creating a specialised Digital Solutions organisation, consisting of 1,000 digital experts. . “Data is the…
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Marenave’s fleet sell-off completed
The last remains of German owner Marenave Schiffahrts’ fleet has been sold off in a bank-driven sale. The Marenave website…
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Containerlines set to control 85% of the reefer market by 2021
Containerships are set to control 85% of the reefer market by 2021, up from the current 79%, according to a…
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Angelicoussis orders up to four newcastlemaxes
Having put pen to paper on $560m worth of VLCC newbuilds so far this year, John Angelicoussis, via his company…
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Nova Marine and Algoma add two ships
Canadian shipping group Algoma Central and its Swiss partner Nova Marine Carriers have just snapped up two ships for the…
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Former Keppel Shipyard official charged with corruption
A former senior procurement officer at Keppel Shipyard was brought to court yesterday over 395 charges involving corruption and money…
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Eidesvik CSV awarded offshore wind contract
Norway’s Eidesvik has secured work for subsea construction vessel to keep it operating through the winter season. Offshore wind industry…
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