Sector
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ECSA appoints Dutch shipowner boss as new secretary general
The European Community Shipowners’ Associations has tapped a Dutchman to replace the Belgian, Patrick Verhoeven, as its secretary general in…
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Keith Denholm joins Lorentzen & Stemoco
After seven years away, a famous name in dry bulk is returning to Singapore. Keith Denholm is leaving the US…
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Rolls-Royce joins forces with Google in autonomous ship quest
Rolls-Royce has signed a deal with Google to develop further its push for autonomous ships. The agreement, believed to be…
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Fredriksen faces backlash over Seadrill restructuring plan
John Fredriksen faces a significant creditor backlash over his restructuring plans for Seadrill. Last month Seadrill filed for chapter 11…
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100-vessel target for MPC Container Ships
The fastest growing containership owner this year has just outlined plans to quadruple the size of its fleet. MPC Container…
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Pioneer Marine hands commercial operations to BaltNav
Singapore handysize specialist Pioneer Marine has placed the commercial operations of its entire fleet of 16 vessels into the hands…
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Spot freight rates from Asia to West Africa slump by more than 50% since July
Spot box freight rates from Asia to West Africa have more than halved since July as lines have added enormous…
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Ultramax newbuild prices up 13% this year
Dry bulk and tanker newbuild prices are heading in divergent directions this year in line with current freight rate trends.…
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Seafarer dies onboard Shih Wei bulker at Bunbury Port
A Chinese seafarer died yesterday onboard the 2010-built bulker while it was at Bunbury Port in Western Australia. The 23-year…
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PPL Shipyard cancels Oro Negro jackup rigs deal
In yet another blow to Singapore’s hard pressed shipyards scene, PPL Shipyard, part of Sembcorp Marine, has terminated contracts with…
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The falsehoods of IMO’s energy efficiency design index
Faig Abbasov, aviation and shipping officer at Brussels-based NGO Transport and Environment, makes the case for tightening EEDI efficiency targets.…
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Diana Shipping fixes panamax bulker to Glencore
Greek owner Diana Shipping has entered into a time charter contract with Glencore Agriculture for 2014-built ice class panamax bulker…
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Fuel cargoes being discharged in Puerto Rico as terminals reopen
Tankers are beginning to discharge their loads at more terminals in Puerto Rico as the facilities come back online, according…
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Solstad Farstad offloads ageing PSV
Farstad Marine, a subsidiary of Solstad Farstad, has sold 1995-built platform supply vessel . The vessel was delivered today to…
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Panama Canal Authority will allow alliance boxships to swap booking slots
The Panama Canal Authority (ACP) has announced that it will allow, for a limited time only, booking slots to be…
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CMA CGM swoops for SOFRANA Unilines
French container shipping giant CMA CGM continues to strengthen its regional network, announcing the acquisition of SOFRANA Unilines, a line…
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Euroseas looks to merge container fleet with Poseidon
Greek owner Euroseas has signed a non-binding letter of intent with compatriot owner Poseidon Container Holdings Group to explore a combination of their…
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Emas Offshore reveals precarious debt position
Singapore’s Emas Offshore, part of Ezra Holdings, has presented its financials to the Singapore High Court after the court issued…
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No end in sight as S&P volumes set new records
News carried on Splash yesterday that 2017 is set to be a record year in terms of the volume of…
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Creditors set to take haircut as Drydocks World falls back on local laws for protection
Creditors owed money by Dubai’s Drydocks World are set to get back just 21 cents on the dollar as the…
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