Sector
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BW Energy cuts capital expenditure by 50%
BW Energy, which only just listed in Oslo last month, has announced adjustments to the development program on the Dussafu…
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Shanghai Huayuan Shipping orders bulker pair at Yangzijiang
Chinese owner Shanghai Huayuan Shipping has placed an order at Yangzijiang Shipbuilding for the construction of two 53,000 dwt bulk…
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Viken Shipping takes Unisea aframax
Norwegian owner Viken Shipping has acquired the 2019-built 113,000 dwt aframax tanker from Greek owner Unisea. Shipbroking houses Intermodal and…
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Seafarer onboard Corona bulk carrier hit by Covid-19
South Africa has quarantined its first cargo vessel, a dry bulk carrier with the unfortunate name of , after one…
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ICS to convene emergency global crew change meeting on Thursday
The International Chamber of Shipping (ICS) will be using its convening power to bring national shipowning associations from around the…
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ISWAN highlights risks from unlicensed crewing agencies
The International Seafarers’ Welfare and Assistance Network (ISWAN) has addressed the risks posed to Indian seafarers who sign up to…
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Fuel price spread plummets to as low as $62 per tonne
Latest data from Ship&Bunker shows the average price spread between high and low sulphur fuel oil at the world’s 20…
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Chinese VLCC sets new high in tanker fixing frenzy
While a host of VLCCs taken on subjects for huge six-digit figures last week have failed over the last 24…
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Oman merges its main shipping line and shipyard
State-run ASYAD Group has decided to merge Oman Shipping Company (OSC) and Oman Drydock Company (ODC). “The integration further connects…
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Crew thwarts pirate attack on Swiss bulker
A pirate attack on a supramax bulk carrier operated by Swiss owner SAM has been thwarted by the ship’s crew.…
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The positives from coronavirus
I am annoying. For those who know me, it probably isn’t for the reasons you might think, well not on…
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Dynacom contracts for bargain pair of Dalian VLCCs
George Prokopiou-led Dynacom Tankers has used the lull in newbuild orders to bag a bargain from hungry Chinese yards. Brokers…
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Chembulk Tankers places fleet into Womar pool
2020 is proving to be the year where shipping pools roared back in popularity across many segments. The latest development…
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Navigator Holdings, Pacific Gas and Greater Bay Gas form handysize pool
Gas shipping firms Navigator Holdings, Pacific Gas and Greater Bay Gas Co have formed the Luna Pool, focused on moving…
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Anders Onarheim confirmed as BW LPG CEO
BW LPG has announced that Anders Onarheim will continue as CEO beyond his current interim appointment. Onarheim was appointed as…
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Cosco Qidong secures Yinson FPSO conversion contract
Cosco Qidong Offshore, an affiliate offshore yard of Cosco Shipping Heavy Industry, has secured a contract from Malaysia’s Yinson Holdings…
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Barakah Offshore files $10m claim against Petronas
Malaysian offshore service provider Barakah Offshore has filed a claim against PRPC Utilities and Facilities, a unit of Petronas, in…
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Yinson seals long-term deal for Lam Son FPSO
Malaysian FPSO operator Yinson Holdings has sealed a long-term charter contract with Petrovietnam Technical Services Corp (PTSC) for FPSO PTSC…
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UAE takes action against MSC over failure to adhere to new HSFO carriage ban
The MSC Joanna, a 9,200 teu boxship, has been banned from calling in UAE waters for a year and the…
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VLCC spillover anticipated in another hectic week of tanker trading
Brokers are watching today to see whether the VLCC spike will cascade down to other tanker segments and if the…
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