Sector
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California ports given extension for emission reduction plans
California’s clean air agency has extended by three months a deadline by which diesel-powered ships need to show how they…
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HCI Capital becomes Ernst Russ
HCI Capital has decided to change its name to Ernst Russ AG to reflect a shift in the company’s focus.…
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Moroccan port operator lists
The Moroccan government has raised $197m by selling a 40% stake in state-owned port operator Marsa Maroc. Marsa Maroc was…
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BigLift orders another heavylift vessel
BigLift Shipping has ordered a third Happy S-type vessel at Ouhua Shipbuilding in Zhoushan, China. The contract price was not…
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SwissMarine charters Diana panamax
Geneva-based SwissMarine Services has booked Diana Shipping’s panamax Crystalia (77,525 dwt, built 2014) on an 11- to 14-month timecharter. The…
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Jinhui Shipping confirms supramax sale
Jinhui Shipping and Transportation has confirmed it has entered into a memorandum of agreement to sell another supramax bulk carrier, Jin…
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China Cosco Shipping sends bulker pair into Klaveness pool
The world’s largest shipping company has thrown a couple of ships into the Baumarine pool. China Cosco Shipping has decided…
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Maritime London boss admits Brexit has brought instability and uncertainty
Doug Barrow, the chief executive of promotional and lobbying group Maritime London, has admitted to Splash the Brexit result last…
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Live animal export: Shipping’s modern slave trade
Dr Lynn Simpson, one of Australia’s most experienced and respected live export veterinarians, writes for Splash. Only a true seafarer…
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Bankruptcy looms over DSME
A September bankruptcy hangs over embattled giant Korean yard Daewoo Shipbuilding & Marine Engineering (DSME) unless it can raise KRW1trn…
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Lots of surprises yet to come post-Brexit
For those with maritime interests, what happens at the International Maritime Organization, (it favours the American spelling) has relevance, significance,…
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KDB hatches plan to keep Hanjin Shipping solvent
The Korea Development Bank (KDB) is in discussions with Hanjin Group to eek out a financial plan to give Hanjin…
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China’s Baosteel and WISCO plan merger
Baosteel and Wuhan Iron and Steel Corporation (WISCO), two major steel producers in China, have both suspended stock trading today…
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Former Vinashin senior officials face criminal charges
Vietnam’s Ministry of Public Security has proposed criminal charges against three former officials of Vinashin Ocean Shipping, an affiliate company…
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Aban Offshore secures ONGC drillship contract
India’s Aban Offshore has announced that a subsidiary of the company has received a firm letter of award from Oil…
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Pacific Carriers offloads handymax
Robert Kuok-controlled Pacific Carriers has sold an eight-year-old handymax for $8.7m. The Japanese built Ikan Sudip has been snapped up…
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Thuraya call in Indian waters lands four crew in court
The Filipino captain and three crewmembers of the post-panamax bulker Frontier Triumph appeared in a court in Odisha on Friday,…
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Panama inaugurates new canal
Panama held an official inauguration ceremony with a host of dignitaries on hand for the newly expanded Panama Canal yesterday.…
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Teekay Corp’s final VLCC sold to Pantheon Tankers
Illustrative of the sharp decline in prices for secondhand VLCC tonnage seen this year, Clarkson Research reports that Teekay has…
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Turkish ship arrested in India
The Turkish controlled bulk carrier was arrested Friday on the orders of the Madras High Court for failure to pay…
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