Sector
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Dynagas LNG secures new time charter contracts
Dynagas LNG Partners has signed an extension and two new long-term time charter agreements for a pair of LNG carriers. Gazprom Global…
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Still no financing for third vessel bought by Diana Shipping
Diana Shipping has drawn down from its ABN AMRO loan to finance two of three panamax bulk carriers it recently…
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Two dead in tanker explosion at Duisburg shipyard
At least two people were killed by an explosion and fire onboard the inland tanker Julius Rütgers at the Duisburg shipyard…
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POSH accommodation rig gets contract extension in Brazil
PACC Offshore Services Holdings’ (POSH) semi-submersible accommodation vessel POSH Xanadu has won a one-year extension to its contract in the Campos…
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Ezra and Chiyoda finalise subsea joint venture
Singapore’s Ezra Holdings and Chiyoda Corp of Japan have finalised the formation of their 50:50 joint venture EMAS Chiyoda Subsea,…
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V.Ships and Empros Lines form technical management partnership in Greece
V.Ships and Empros Lines have entered into a partnership that will create a specialised bulk carrier management cell in Greece.…
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Eagle Bulk Shipping secures future with recapitalisation deal
Eagle Bulk Shipping has announced that it has reached an agreement with the company’s lenders and holders of approximately 75%…
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Dry bulk to recover before containers and offshore?
The extreme levels of scrapping seen in the dry bulk market in the past few months should see the sector…
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Splash TV: Masterbulk chairman on the ‘awful’ markets
Stephen Fordham, chairman of Singapore-based Masterbulk, admits the market is “awful” in today’s latest installment of Splash TV. Fordham, who…
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Jinhui Shipping offloads supramax after giving up on double sale
Hong Kong owners continue to offload vessels this week. Sources tell Splash that Jinhui Shipping & Transportation has just offloaded…
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Statoil exercises two-year options across 17 installations
Statoil has announced that it has exercised options for 17 installations on the Norwegian continental shelf. In 2012 Statoil awarded…
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Olympic OSV wins accommodation contract from Maersk Oil
Oslo-listed Olympic Shipping’s multipurpose field support vessel has won a 100-day contract from Maersk Olie og Gas in which it…
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GC Rieber Shipping secures subsea time charter contract from Nexans
GC Rieber Shipping has announced that it has entered into a time charter agreement with Nexans, a Norwegian manufacturer of…
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Rongcheng Shenfei Shipbuilding completes restructuring
Rongcheng Shenfei Shipbuilding, a major shipyard in Shandong, has completed a restructuring and resumed full operations, while it has also…
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Mercator Lines bulker sold off for $2.93m
Singapore-listed Mercator Lines has announced that its judicial manager has entered into a memorandum of agreement for the sale of…
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Mermaid Maritime secures subsea service contract in Gulf of Thailand
Mermaid Maritime has announced that its subsidiary, Mermaid Subsea Services (Thailand), has secured a subsea ROV services contract, worth around…
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Fred Cheng to move into owning bulk carriers?
Fred Cheng’s Shinyo International has reportedly purchased a capesize on subjects, which could mark the shipowner’s first move into bulk…
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Seadrill ‘in debt talks’ with Houlihan and Morgan Stanley
Seadrill is believed to have hired Houlihan Lokey and Morgan Stanley as advisers during negotiations for its $11bn debt restructuring,…
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New managing director for Thoresen Shipping, Claxton moves to coal subsidiary
Andy Hillier has today become managing director of Thoresen Shipping, the dry bulk shipping arm of Bangkok-listed Thoresen Thai Agencies.…
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Bulk carrier scrapping hit an all-time high in the first quarter 2016
Bulk carrier demolitions reached an all-time high during the first quarter of 2016, both on an absolute basis and as…
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