Sector
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MOL and Uniper partner up on FSRU project
Japanese owner Mitsui OSK Lines (MOL) has entered into an agreement with LNG Terminal Wilhelmshaven (LTM), a fully owned subsidiary…
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Wilson and Arkon strike deal to form European short sea shipping giant
Norway’s Wilson and Germany’s Arkon Shipping have signed a deal to form Europe’s largest short sea shipping company. The deal…
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Hyundai Heavy Industries appoints new shipbuilding head
South Korea shipbuilding giant Hyundai Heavy Industries (HHI) has announced a change of top management of its shipbuilding business in…
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Eight kidnapped Tommi Ritscher crew freed
Eight crewmemebers who were kidnapped by pirates from containership last month off Benin have been freed by the Nigerian Navy…
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Fugro and IOVTEC awarded geotechnical contract in Taiwan
Dutch subsea and geotechnical specialist Fugro and Taiwanese subsea survey company International Ocean Vessel Technical Consultant (IOVTEC), who last month…
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Eight kidnapped Tommi Ritscher crew freed
Eight crewmemebers who were kidnapped by pirates from containership last month off Benin have been freed by the Nigerian Navy…
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Six crew on livestock carrier contract coronavirus
Six crewmembers of a livestock carrier docked in Fremantle have tested positive for coronavirus. The arrived in Fremantle last Friday…
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Guinea Shipping Corporation names new chairman
Guinea Shipping Corporation (GSC) has announced the appointment of Bernt Meldgaard Christensen as the company’s new executive chairman. Christensen succeeds…
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Titan Petrochemicals proposes financial reorganisation
Hong Kong-listed Titan Petrochemicals has proposed to implement a capital organisation scheme to enhance its financial flexibility. The proposed scheme…
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Container shipping faces its largest ever drop in teu-miles
Clarkson Research is reporting that container shipping faces its most significant drop in teu-miles ever. “The container sector seems amongst…
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Kuehne + Nagel makes plans to axe up to a quarter of its staff
Giving an idea of the scale of the crisis facing intermodal transport the boss of Kuehne + Nagel, the world’s…
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UN under pressure to alleviate ‘humanitarian disaster’ as number of stranded seafarers surpasses 200,000
The UN secretary-general was urged on Friday by shipping and trade unions leaders to persuade his 193 member states to…
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Hana Financial Group buys into H-Line Shipping
South Korea’s Hana Financial Group is buying into H-Line Shipping, the dry bulk group formerly part of the defunct Hanjin…
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APL boxship loses over 40 containers off NSW coast
The 2001-built 5,780 teu containership has lost 40 containers off the New South Wales coast in rough weather while sailing…
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ReCAAP warns of potential Abu Sayyaf attacks off Sabah
The ReCAAP Information Sharing Centre has warned ship operators of potential attacks by the Abu Sayyaf Group in the Sabah…
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Taiwan Navigation returns to Oshima for ultramax order
Bulk carrier operator Taiwan Navigation has entered into a shipbuilding contract with Japan’s Oshima Shipbuilding for the construction of one…
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Cape Baltic makes waves with confirmed sale
Japanese owner Libera is behind the biggest bulker deal concluded in May so far, and the first semi-modern cape sold…
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COSL charters abandoned PSV pair
COSL, the offshore service unit of CNOOC, has fixed charter contracts for two newbuild PSVs with Waigaoqiao Shipbuilding. The two…
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Offshore decommissioning sector set for huge growth
As was the case just a few years ago, the offshore decommissioning sector stands out as the offshore sector set…
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CSSC Shipping secures $116.8m financing for ship acquisitions
CSSC Shipping, the financial leasing unit of China State Shipbuilding Corporation, has announced that the company has entered into an…
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