Sector
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Scrubber-fitted capes speed up in first weeks of the new year
The largest bulk carriers afloat are moving at different speeds depending on whether or not they have a scrubber fitted.…
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Hapag-Lloyd signs space charter agreement with Maersk and MSC
German containerline Hapag-Lloyd will expand its product offering on the Asia-North Europe trade starting in March 2020. As a member…
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Dynacom returns to New Times for suezmax series
George Procopiou’s Dynacom Tankers Management has placed an order for four 158,000 dwt suezmaxes at Chinese independent yard New Times…
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Dee4 Capital acquires Fuyo Kaiun MR2 to grow fleet to five
Danish private equity firm Dee4 Capital Partners, founded last year by Carsten Mortensen and Freddie Lee, has acquired its fifth…
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U-Ming orders panamax bulker quartet at Oshima
Taiwanese dry bulk shipping operator U-Ming Marine Transport has placed an order at Japan’s Oshima Shipbuilding for the construction of…
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China inks Kyaukphyu development deal with Myanmar
China has signed an agreement with Myanmar to invest and develop Kyaukphyu port in Rakhine State into a major container…
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Eidesvik secures five-year PSV charter with Equinor
Norwegian OSV operator Eidesvik Offshore has been awarded a five-year time charter contract by Equinor Energy for platform supply vessel…
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19 crew abducted from Union Maritime tanker released, one dead
The crew abducted from Marshall Islands-flagged chemical tanker last month have been released, however one of the crew members died…
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P&O Maritime books two multi-purpose vessels at Mawei Shipbuilding
P&O Maritime, a shipping unit of DP World, has signed shipbuilding contracts with China’s Mawei Shipbuilding for the construction of…
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Miyazaki Sangyo puts cape up for sale
Diverse Japanese owner Miyazaki Sangyo Kaiun is close to completing the sale of the first cape of the year, selling…
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CSBC-DEME Wind Engineering to build heavylift ship
Taiwanese shipbuilder CSBC has announced the company and its offshore joint venture partner DEME will replenish capital into CSBC-DEME Wind…
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Petronas charters newbuild LNG carriers under construction at Hudong Zhonghua
Malaysia’s state-owned energy giant Petronas has signed charter contracts for two 79,900 cu m newbuild LNG carriers to be built…
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GC Rieber and Prisco crew boat charters extended by Sakhalin Energy
Polar Baikal and Polar Piltun, crew boats part of a joint venture between GC Rieber Shipping and Prisco, have entered…
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China Merchants sells stake in Brazilian terminal to state funds
China Merchants has brought in two strategic investors for its TCP container terminal in Brazil through the selling of stakes…
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Binhai Heavy Machinery secures jackup charter contract
Tianjin Binhai Heavy Machinery, a subsidiary yard of Taiyuan Heavy Industry, has entered into a charter contract with Mexican drilling…
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2020 set to mark the return of the mini-cape
2020 is set to be a year for the revival of the mini-cape after a decade in the wilderness. In…
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RBD Armatori’s fleet bound for Reuben Brothers and Premuda
With the approval by the Court of Torre Annunziata of RBD Armatori’s bankruptcy plan arrived yesterday, the long story of…
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CMA CGM starts business matchmaking for clients
French container line CMA CGM has created a business matchmaking offering for its clients. The new Networking Intermediation Services gives…
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Safe Bulkers banks $53m from sale and leaseback of eight vessels
Greek dry bulk owner Safe Bulkers has entered into sale and leaseback agreements for eight vessels. Safe Bulkers has sold…
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Taylor Maritime grows fleet to 28 with supramax acquisition
Hong Kong dry bulk owner Taylor Maritime has acquired its third supramax, the 2011-build Mitsui supramax , bringing its fleet…
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