Sector
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Equinor cuts expenditure and exploration activity in $3bn action plan
Norwegian state-run energy group Equinor has announced a $3bn action plan to strengthen the financial resilience of the company in…
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Fred Olsen Windcarrier awarded jackup vessel contract in Taiwan
Fred Olsen Windcarrier has secured a contract from CSBC-DEME Wind Engineering for the deployment of its jackup vessel in Taiwan.…
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ZIM promotes wider use of electronic bill of ladings during coronavirus outbreak
One of shipping’s most archaic practices is getting a shove thanks to tech developments and the coronavirus. Israeli carrier ZIM…
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Diana Shipping fixes post-panamax to SwissMarine
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Singapore’s SwissMarine for 2012-built post-panamax bulker…
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Splash Extra: PCTCs head for the long-term car park
The perilous state of the under reported car carrier segment leads the March issue of Splash Extra with exclusive news…
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PIL forced to defend its late payments again
Pacific International Lines (PIL) has been forced once again today to insist its business can carry on despite further evidence…
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Shanghai issues guidance to allow Chinese crew shifts
The Shanghai government has eased the crew change ban by releasing a new guidance for managing crew shift issues at…
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Bangladesh follows India and Pakistan in suspending all shipbreaking
Bangladesh has followed Pakistan and India’s lead in issuing a two-week moratorium on all ships heading to the south Asian…
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MOL’s Unix Line cops $1.65m fine in the US for concealing oily water discharges
Singapore-based Unix Line, the primary shipmanagement arm of MOL Chemical Tankers, was fined $1.65m and placed on four years probation…
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KKR-backed Marshall Wace becomes a major Euronav shareholder
London-based alternative investment manager Marshall Wace has been revealed as a shareholder of Belgian tanker giant Euronav, having being announced…
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Vale confirms suspension of Malaysian transhipment hub
Brazilian miner Vale has announced its decision to temporarily suspend operations at its Teluk Rubiah Maritime Terminal (TRMT) in Malaysia…
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Auerbach Shipping: Composure, reflection, action
It’s been five years since Maritime CEO came calling at the Hamburg headquarters of Auerbach Schifffahrt. It has been a…
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Union Maritime enters gas sector with VLGC order at Hyundai Heavy
UK-owner Union Maritime has placed an order at Hyundai Heavy Industries for the construction of two LPG-fuelled 91,000 cu m…
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Shelf Drilling suffers another early termination
Dubai-headquartered offshore driller Shelf Drilling has received a notification from for the early termination of the contract for 1982-built jackup…
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Teekay Offshore Partners rebrands to Altera Infrastructure
Teekay Offshore Partners has announced that it has changed its name to Altera Infrastructure as part of its global group…
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Sun Enterprises declares options on two more aframaxes at Daehan
Greek owner Stavros Livanos-led Sun Enterprises has declared options at South Korean yard Deahan Shipbuilding for the construction of two…
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Arbitration promoted as a way to resolve human rights abuses at sea
On the UN International Day for the Right to The Truth Concerning Gross Human Rights Violations and for the Dignity…
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Chang Kuo-wei wins Evergreen succession war
A court in Taiwan has ruled Chang Kuo-wei, the youngest son of late Evergreen chairman Chang Yung-fa, is entitled to…
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Coronavirus sees Wallenius Wilhelmsen prune fleet and send ships into cold lay-up
Blue chip Norwegian roro shipowner Wallenius Wilhelmsen today detailed what it described as the “decisive steps” to prepare for a…
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India and Pakistan bar ships for demo
Shipping companies looking at sending their ships for demo in south Asia are likely to face severe disruption thanks to…
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