Sector
-
Trøim sets sights on dry bulk with launch of 2020 Bulkers
Tor Olav Trøim, once John Fredriksen’s right hand man, has created a dry bulk vehicle, placing orders for newcastlemaxes in…
Read More » -
Why now might not be the best time in the last 30 years to invest in shipping
A report carried on this site yesterday stating that now is the best time since the 1980s to invest in…
Read More » -
Hanjin Group chairman dodges arrest warrant
Corruption charges against Cho Yang-ho, the chairman of South Korea’s Hanjin Group, have been put on ice. Cho had been…
Read More » -
MSC shaves $26m off each of its five 22k teu ships ordered at Samsung Heavy
The price of the six 22,000 teu containerships that MSC ordered at Samsung Heavy Industries (SHI) in late September has…
Read More » -
Shesh Venkatraman: The next chapter
News yesterday that Shesh Venkatraman will be departing his position of chief executive officer at Singapore offshore operator Miclyn Express…
Read More » -
Plight of Malaviya Seven crew continues as auctioneer withdraws ship from sale
A solitary lowball bid for a detained OSV in Aberdeen yesterday saw an auctioneer cancel the ship’s sale, in the…
Read More » -
Transocean drillship wins new $106m BHP contract
Transocean has clinched a new contract with BHP Billiton worth $106m for ultra-deepwater drillship . The new contract commences in…
Read More » -
Subsea 7 ends Malaysian JV
Subsea 7 and Malaysia’s Sapura Energy have brought their joint venture, SapuraAcergy, to a close. SapuraAcergy’s heavylift and pipelay vessel …
Read More » -
Quo Vadis: Where goes the digital ship?
Russell Hodge from surveyors Pirie & Smith peers into the future. While many of us may not realise it, the…
Read More » -
China’s Belt Road Initiative and supply chains in Asia
The Belt Road Initiative (BRI) is an industry wide phenomenon that all in the logistics and supply chain sector needs…
Read More » -
Chinese consortium snaps up 70% stake in proposed Myanmar port project
A Chinese consortium led by CITIC Group has agreed to take a 70% stake in a deepwater sea port project…
Read More » -
Wood awarded FEED contract for offshore gas platform
UK offshore engineering specialist Wood, formed by Wood Group’s acquisition of Amec Foster Wheeler, has secured a $12m front-end engineering…
Read More » -
Pasha Hawaii providing vessel to help with Puerto Rico relief
Pasha Hawaii shipping line, which usually plies routes between the islands and the US mainland, is providing one of its…
Read More » -
Tianjin Southwest Maritime inks financial leasing deal for asphalt carrier duo
Chinese tanker owner Tianjin Southwest Maritime has clinched a 10-year financial leasing deal with Guangdong Financial Leasing for two 7,800…
Read More » -
Asian shipowners call for BMP4 update
The Asian Shipowners’ Association has called for the guidelines for ships transiting the notoriously unstable Horn of Africa to be…
Read More » -
US Gulf of Mexico oil output almost back to normal in wake of Nate
US Gulf of Mexico oil and gas production is practically back to full output following the widespread shut-ins caused by…
Read More » -
‘Investment opportunities in shipping could perhaps be the best in over 30 years’
The latest quarterly report from Clarksons Platou Securities argues that now is the best time in the last 30 years…
Read More » -
Hanjin boss accused of misappropriating funds
Police are seeking the arrest of Cho Yang-ho, the CEO of Korean Air Lines and chairman of Hanjin Group, over…
Read More » -
Satcoms giant KVH’s onboard security laid bare
Shipping has received another shock to the system over its openness to cyber attacks. Specifically the satcom boxes installed by…
Read More » -
Shesh Venkatraman to depart Miclyn Express Offshore
Shesh Venkatraman will be departing his position of chief executive officer at Singapore offshore operator Miclyn Express Offshore (MEO). Venkatraman…
Read More »