Sector
-
Hunter Group buys back VLCC from SFL
Arne Fredly’s Oslo-listed pure-play VLCC company Hunter Group has declared its call option for 2019-built VLCC Hunter Laga under the…
Read More » -
Hangtong Shipbuilding partners with SinoOcean for offshore asset disposal
Chinese offshore yard Hangtong Shipbuilding has inked an agreement with SinoOcean for the management of its idle offshore assets. The yard…
Read More » -
Shanghai Bestway restructuring approved by court
Shanghai Bestway Marine Engineering Design has announced that its restructuring plan has been approved by a local court. In June,…
Read More » -
MISC and Zhejiang Satellite Petrochemical finalises VLEC deal
Zhejiang Satellite Petrochemical has announced that it has finalised a deal to transfer the ownership of six 98,000 cu m…
Read More » -
Shelf Drilling terminates bareboat charter agreements with China Merchants
Dubai-based Shelf Drilling has announced that it has terminated agreements with an affiliate of China Merchants & Great Wall Ocean Strategy…
Read More » -
Valaris secures support for restructuring
Offshore driller Valaris has the support of over 70% of senior noteholders for it restructuring support agreement (RSA) and backstop commitment…
Read More » -
MSC acquires panamax boxship
Switzerland-based shipping line Mediterranean Shipping Company (MSC) has taken over a 2001-built panamax containership from UK owner Tufton Oceanic. VesselsValue…
Read More » -
IEA predicts ammonia will eventually become shipping’s dominant fuel
The International Energy Agency has released a new long-term energy transition forecast, drilling down into individual industrial sectors, with ammonia…
Read More » -
Families of the missing Gulf Livestock 1 crew urge authorities to resume search operation
Families of the missing crew on the sunk have urged authorities to resume their search and rescue operations. The Gulf…
Read More » -
Salvors struggle to patch bunker leak on stricken VLCC off Sri Lanka
Salvors are still trying to patch a leak in one of the bunker compartments of the burnt VLCC. The New…
Read More » -
MOL sets aside $9.4m to assist in Wakashio clean-up
Mitsui OSK Lines (MOL), the charterer of the ill-fated newcastlemax, has pledged Y1bn ($9.4m) to help in the clean-up in…
Read More » -
MSC Gayane crewmember provides details about the largest cocaine bust in US history
A Montenegrin ship’s electrician pled guilty yesterday to narcotics conspiracy charges, becoming the third crewmember from the to admit their…
Read More » -
MSC seals deal to take 49% stake in Messina
MSC has finally taken a 49% stake in the Ignazio Mesina & C. shipping group, with the deal formally announced…
Read More » -
Liners strike out at EU’s green shipping plans
Washington-based container shipping lobbying group, the World Shipping Council (WSC), has published a paper highlighting serious concerns for maritime trade and…
Read More » -
Interasia Lines acquires two resale boxships at Zhoushan Changhong
Singapore-based regional boxship operator Interasia Lines has acquired two resale 1,756 teu boxships from China’s Zhoushan Changhong International Shipyard. The…
Read More » -
Oslo Børs finally set to delist Emas Offshore
Norway’s Oslo Børs is finally set to delist Ezra Holdings’ group company Emas Offshore, having first moved to delist the…
Read More » -
Scrubber 2.0: Re-thinking conventional wisdom
With the shipping industry facing the most intense and rapidly changing environmental regulations in its history, vessel owners and operators…
Read More » -
Harvey Gulf converts PSV to offshore fuel carrier
OSV operator Harvey Gulf has announced that it will now offer a full service fuel carrying vessel solely dedicated to…
Read More » -
Dingheng Shipping charters in two chemical tankers
Chinese chemical tanker sepcialist Dingheng Shipping has brought two chemical tankers into its fleet through bareboat charter agreements. The company…
Read More » -
Japan Drilling secures jackup contract from Mitsui Oil
Japan Drilling Company (JDC) has been awarded a drilling contract by Mitsui Oil Exploration for the provision of jackup drilling…
Read More »