Sector
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CMA CGM commits to hydrogen-powered shipping
French container line CMA CGM has joined a growing group of shipowners committed to finding a hydrogen-powered solution to decarbonise…
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Baltic Exchange asks owners to share emissions data
The Baltic Exchange is asking shipowners to share their emissions data for the collective good of the industry. The London…
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BSM cops $1.75m Hawaiian bilge waste fine
Bernhard Schulte Shipmanagement (BSM) has pleaded guilty in a federal court in Hawaii to one count of maintaining false and…
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Magma Maritime to launch digital ship finance platform
London-based Magma Maritime, controlled by John C Hadjipateras & Sons, is launching an alternative ship finance platform through tokenisation to…
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Fugro awarded Ghana survey contract by Aker Energy
Dutch subsea and seismic specialist Fugro has been awarded a contract for geotechnical and geophysical survey services by Aker Energy…
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Hackers target shipping with coronavirus themed emails
Cybersecurity firm Proofpoint is reporting a new hacking group that targets the global shipping industry and its fears over the…
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CSC Phoenix acquires supramax bulker
Chinese dry bulk operator CSC Phoenix has announced the acquisition of 2003-built 52,400 dwt supramax bulker . The Tsuneishi Cebu-built…
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Oceaneering secures well intervention contract from BP
Offshore engineering specialist Oceaneering International has been awarded a contract by BP to provide comprehensive riserless light well intervention (RLWI)…
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Carimin secures offshore vessel contract from Petronas
Malaysia’s Carimin Marine Services, a subsidiary of Carimin Petroleum, has entered into a long-term charter contract with Petronas for the…
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Grindrod Shipping increases ownership in IVS Bulk to 66.75%
Grindrod Shipping Holdings has announced it has acquired an additional 33.25 percent stake in its IVS Bulk joint venture from…
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Odfjell offloads chemical tanker to Taihua for $5m
Norway’s Odfjell Tankers has sold 2000-built small chemical tanker to Hong Kong-based Chinese owner Taihua Ship Management, according to brokers.…
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Fukujin Kisen sells modern ultramax
Japan’s Fukujin Kisen has decided to sell its oldest ultramax, the three-year-old Shin Kurushima-built . Sources say the ship fetched…
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Coronavirus costing liners up to $350m in lost revenues every week
As China partially returned to work today, data from Copenhagen-based Sea-Intelligence suggests the coronavirus has been costing liners up to…
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China struggles to get back to work
Beijing decided over the weekend against officially extending the Lunar New Year holidays for another week. However, today was marked…
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Yang Ming boxship arrested in Australia over pollution cleanup debt
Taiwanese shipping line Yang Ming Marine Transport’s 4,250 teu containership was arrested at Port Botany in Australia on Sunday at…
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Robbery attempts in the Singapore Strait escalate
Sunday saw two pirate incidents take place within an interval of an hour to a bulk carrier and a tanker…
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BW LPG retrofits another four ships
BW LPG has announced that it has exercised an option for the delivery of four additional LPG dual-fuel engines. With…
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Noble trims its cape arm
Shortly after Noble confirmed the sale of a 2012-built post-panamax, the commodity trading firm has found a buyer for another…
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Tehama Shipping acquires third boxship
Dubai-headquartered Tehama Shipping, part of Saba Group which operates a container terminal at Iraq’s Umm Qasr South, has acquired its third…
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Waruna continues tanker buying spree
Waruna Nusa Sentana has acquired 2009-built small chemical tanker from China’s Ningbo Donghai Shipping, according to brokers. Seasure Shipbroking and…
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