Sector
-
Coscocs establishes terminal acquisition fund
China Cosco Shipping Corporation (Coscocs) has signed a strategic cooperation agreement with Greeland Holding Group, a major real estate company…
Read More » -
Boiler explosion theory mooted, crew’s rest times examined in El Faro hearing
The first week of the third and final round of US Coast Guard (USCG) Marine Board of Investigation (MBI) hearings…
Read More » -
Product tanker breaking up on rocks off Japan
The Panamanian-flagged product tanker ran aground on Saturday morning in western Japanese waters. The 18-year-old ship appears to be breaking…
Read More » -
ABS official says El Faro met required safety standards before its final journey
An American Bureau of Shipping (ABS) official took centre stage in Thursday’s proceedings of the El Faro hearings. Tom Gruber,…
Read More » -
BHP Billiton commits to $2.2bn investment in Gulf of Mexico deep-water JV with BP
Anglo-Australian multinational miner and petroleum company BHP Billiton has approved a $2.2bn investment in phase two of the Mad Dog…
Read More » -
Peterson announces plan for new port in Cameron, Louisiana
Energy logistics firm Peterson announced it has signed a partnership deal with Port Cameron LLC to develop a port and…
Read More » -
P&P in for panamax
Brokers inform Splash that Greek owner P&P Shipping was behind the purchase of the , a 2001-built panamax bulker. Earlier…
Read More » -
Humans still have the edge in shipping when it comes to complex deals
A couple of weeks back in this regular Friday column I weighed up how digitisation in freight transport could threaten…
Read More » -
Smedvig Capital stumps up $12m for Xeneta
Xeneta, an ocean freight benchmarking and market intelligence software platform, has raised $12m in a Series B investment round led…
Read More » -
Dr Martin Stopford on the future of shipping
The world’s most famous shipping analyst presents Splash readers with a compelling picture of the challenges facing the maritime industry…
Read More » -
Frontline lashes out at DHT board
Frontline has insisted its takeover offer for fellow VLCC owner DHT Holdings remains “highly compelling” and Splash understands the John…
Read More » -
Chinese bulker boss sentenced
A court in the UK has sentenced in absence Zhu Guohua to 18 months in jail over a bungled dry…
Read More » -
El Faro crew did all they could, ship’s former chief engineer tells hearing
El Faro’s crew tried everything they could to keep the cargo vessel afloat the investigative hearing was told on Wednesday,…
Read More » -
Dredging approaches to Hamburg port moves a step closer
The port of Hamburg has welcomed a decision at a court in Leipzig to dismiss environmentalist concerns about dredging the…
Read More » -
Transocean wins new contracts, while Chevron cancels drillship deal
Offshore driller Transocean revealed in its latest fleet status report that Chevron has exercised its contractual option to terminal the…
Read More » -
Songa Bulk raises $100m from private placement
Arne Blystad’s dry bulk newcomer Songa Bulk has completed a private placement of approximately $100m with the support of new…
Read More » -
Diana Containerships charters post-panamax to Hapag-Lloyd
Diana Containerships has chartered 5,576 teu containership to Hapag-Lloyd. The 2004-built vessel has been fixed on a time charter contract…
Read More » -
The human touch required in a shipping deal
Simon Francis, founder of online laytime startup Falmor, and a former Levelseas man, brings our shipping/digitisation week of contributions to…
Read More » -
SAAM completes Puerto Caldera deal
Chilean multinational port services company SAAM has completed its acquisition of two concessions at Puerto Caldera in Costa Rica after…
Read More » -
Solstad Offshore awarded PSV contract by Total
Norway’s Solstad Offshore has won a contract with Total E&P UK for platform supply vessel for a firm period of…
Read More »