Sector
-
HMM urged to merge with Hanjin Shipping to join THE Alliance
THE Alliance, a brand new grouping of six containerlines, only has room for one South Korean member, according to a…
Read More » -
Debts at Korea’s top yards soar past KRW100trn
The combined debt held by South Korea’s top nine shipbuilders topped KRW100trn won ($84.7bn) last year according to the data…
Read More » -
Tasik Subsea star is born with new vessel launch
Task Subsea, a new subsea services company set up by former Hallin Marine boss John Giddens and M3 Marine’s Mike…
Read More » -
COSL Drilling receives safety order after rig incident
Chinese offshore drilling contractor COSL Drilling has received a safety order from Norway’s Petroleum Safety Authority (PSA), following investigations of…
Read More » -
ABG Shipyard CEO resigns
India’s ABG Shipyard has announced that the board have accepted the resignation of its managing director and ceo Syed Abdi.…
Read More » -
China Merchants joins ICBC Leasing on VLOC project
China Merchants Energy Shipping (CMES) has announced that its fully owned subsidiary China VLOC Investment has signed an agreement with…
Read More » -
Port of Beaumont closed after oil spill
The Port of Beaumont in Texas and a section of the Neches River were closed after an oil spill from…
Read More » -
Shipbuilders’ Kodak moment
Shipbuilders are about as good at predicting the future as senior management at film makers Kodak were at the time…
Read More » -
Chinese group to invest $25m for Darwin Port development
Chinese multi-sector company Landbridge Group has announced a plan to invest $25m to develop Australia’s Darwin Port as part of…
Read More » -
CMA CGM moves to complete NOL takeover
French containerline CMA CGM today announced its firm intention to make an all-cash voluntary conditional general offer for all the…
Read More » -
Wellard’s newest cattle carrier financed by Italian bank
Australian shipping company Wellard has secured a ship loan from the Italian bank Intesa Sanpaolo (through the bank’s Hong Kong…
Read More » -
200 Shipping Corp of India seafarers enter third day of hunger strike
Around 200 seafarers have entered their third day of a hunger strike, demonstrating against state-run Shipping Corporation of India’s (SCI)…
Read More » -
Major environmental disaster declared in Penang following bunker spill
The local government in Penang has declared a major environmental disaster after a serious spill from the product tanker on…
Read More » -
HMM says charter negotiations will reach ‘swift agreement soon’
Hyundai Merchant Marine (HMM) has just announced that its charter negotiations with foreign shipowners are “expected to reach an agreement…
Read More » -
Court to decide STX yard’s fate
STX Offshore & Shipbuilding officially filed an application in Seoul for court receivership late on Friday. The court will now…
Read More » -
Court case beckons for Semua
Malaysia’s Hoe Leong Corporation has warned that two subsidiaries, Semua Chemical Shipping and Semua Shipping, have received winding up petitions…
Read More » -
Heung-A in for chemical pair at Dae Sun
Dae Sun Shipbuilding & Engineering has won an order to build two 6,500 dwt chemical tankers from Heung-A Shipping. The…
Read More » -
NYK orders VLGC pair at JMU
Japan’s NYK Line has ordered two 84,000 cu m very large gas carriers (VLGCs) at local shipyard Japan Marine United…
Read More » -
Port of LA creates emissions-free demonstration terminal
The Port of Los Angeles is teaming up with Pasha Stevedoring and Terminals (PST) to create a functioning green-principled port…
Read More » -
Hanjin Shipping bulker resumes sailing
Hanjin Shipping issues a release on Sunday to communicate that its bulker, has resumed its sailing on May 27. The…
Read More »