Sector
-
Shell confirms big find in Gulf of Mexico offshore New Orleans
Anglo-Dutch oil super major Shell announced it has made a significant offshore oil discovery in the US Gulf of Mexico.…
Read More » -
Libyan oil terminals set to reopen
Libya is finally set to recommence oil exports from long shuttered key terminals in the east of the war-torn country.…
Read More » -
Zhonggu Shipping establishes financial leasing arm
Chinese domestic containership operator Zhonggu Shipping has established a fully-owned financial leasing unit, Tianjin Zhongrong Hengtai International Leasing, at Tianjin…
Read More » -
Six US port projects succeed in bids for Tiger funding
Commercial seaports and projects that benefit the flow of goods through the country’s ports have been granted $61.8m in the…
Read More » -
Feeders in the spotlight as global boxship fleet surpasses 20m teu
This week containership fleet capacity has passed the 20m teu mark, which Clarksons Research described as “another milestone in the…
Read More » -
Indonesian chief engineer suffers 80% burns following engine room fire
The chief engineer of an Indonesian general cargo vessel is in a critical condition in hospital following a fire in…
Read More » -
Benita sinks off Mauritius
Five Oceans Salvage report that the bulk carrier, which was under tow en route from Mauritius to India, sunk yesterday…
Read More » -
DP World to operate container terminal in St John, Canada
Dubai port operator DP World said it has signed a lease agreement to expand and operate the multipurpose Rodney container…
Read More » -
ILWU eyes bringing forward contract talks by three years
Dockworkers with the International Longshore and Warehouse Union (ILWU) have said the union will consider next month an earlier-than-expected vote…
Read More » -
Swiber makes stunning liquidation U-turn, goes into judicial management
Singapore offshore operator Swiber Holdings has completed a dramatic week of twists and turns by announcing it will not be…
Read More » -
Ports America extends its operator’s agreement with Tampa Bay Container Terminal
Ports America, one of the leading marine terminal operators and stevedoring firms in the US, has signed an amended container…
Read More » -
Former Brazil president petitions UN over Petrobras corruption probe
Brazil’s former national president Luiz Inacio Lula da Silva (widely known as Lula) has petitioned the United Nations alleging his…
Read More » -
Capital Product Partners fixes two tankers to its sponsor
Capital Product Partners (CPP) has fixed two tankers to its sponsor company Capital Maritime & Trading Corp. The LR3 tanker Miltiadis M…
Read More » -
Panama Canal spat continues
The Panama Canal Authority has disputed widespread reports that three ships have run into difficulties while transiting the expanded waterway…
Read More » -
Global Shipper Forum plans to stop shipping surcharges within five years
Members of the Global Shipper Forum (GSF) aim to stop container shipping surcharges within five years and plan to take action…
Read More » -
Otto Marine commences arbitration against shipbuilder
Otto Offshore, part of Singapore’s Otto Marine, has filed an arbitration claim at the Singapore International Arbitration Centre (SIAC) against an…
Read More » -
Swiber liquidation rattles Pacific Radiance, Vallianz shareholder unfazed
Singapore’s Pacific Radiance has revealed a $10.1m exposure to Swiber Holdings, which went into liquidation this week. Pacific Radiance told…
Read More » -
ConocoPhillips and Marathon Oil terminate Maersk drillship contract
A pair of Houston-based companies, ConocoPhillips and Marathon Oil announced on Thursday that they have signed an early termination agreement…
Read More » -
Crew kidnapping on the rise in Gulf of Guinea
In contrast to the substantial numbers of reported incidents across Southeast Asia and the Indian Ocean in recent years, maritime…
Read More » -
Shipping must adopt more transparent corporate governance: Moore Stephens
The shipping industry must adopt a transparent, proactive approach to corporate governance or else risk exposure to business and reputational…
Read More »