Sector
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Seaspan and Swiber terminate $200m investment deal
Vancouver-based shipping group Seaspan Corporation and Singapore’s offshore marine group Swiber Holdings have reached an agreement to terminate a proposed…
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Fire erupts on Cosco mega boxship
A fire erupted onboard Cosco’s 10,000 teu containership over the weekend, causing the vessel to reroute. According to a notice…
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Welcome to the roaring twenties. Bold moves required from this point on
Around a century ago, on November 2 1920, 25m US citizens cast their vote in the first presidential election of…
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Grieg Shipbrokers and Flaship join forces
Grieg Shipbrokers and Flaship Brokers have joined joined forces on capesize and panamax chartering. The new joint venture is now…
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Norden acquires MR2 pair and offloads handy tanker
Denmark’s Norden has announced the sale of a handysize tanker as well as the acquisition of two MR tankers. Norden…
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Shanghai Platinum takes over Fenghai Shipping
Shanghai Platinum Asset Management has won approval from the creditors of bankrupt tanker operator Dongguan Fenghai Shipping to be the…
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Finco Fuel takes majority stake in GoodFuels
Netherlands-based fuel supplier Finco Fuel has announced the acquisition of a majority stake in GoodNRG, the holding company renewable fuels…
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Fratelli Cosulich adds a sixth bunker tanker in Singapore
Italian bunker trader and supplier Fratelli Cosulich announced it has just added a sixth vessel to its fleet in the…
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Tasik Subsea awarded $26.8m in arbitration with Fugro over Southern Star termination
Dutch offshore and seismic firm Fugro has been ordered to pay $26.8m to John Giddens-led Tasik Subsea in an arbitration…
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ShipServ appoints new CEO
Online procurement platform ShipServ has appointed Henrik Hyldahn as its new CEO, replacing Kim Skaarup who will join the board…
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Vroon secures ship management contract
Dutch owner Vroon has announced that its ship management unit VOS Singapore has secured a third-party ship management contract with…
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Heidmar and Signal join forces on aframaxes
George Economou’s Heidmar and Ioannis Martinos’s Signal Maritime Services have agreed a partnership which will see Signal take on the…
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Yinson secures short-term FPSO extension at Lam Son
Malaysian FPSO operator Yinson Holdings has secured another extension to the charter contract with Petrovietnam Technical Services Corp (PTSC) for…
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Unipec continues dirty spot chartering dominance, soars up suezmax rankings
Unipec, a unit of Chinese state-run energy giant Sinopec, has tightened its grip as the world’s leading dirty spot charterer…
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K Line adopts ‘LNG+’ plan to meet IMO’s 2030 goals
One of the world’s keenest users of LNG as a fuel has admitted his company needs an “LNG +” plan…
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Equinor targets near zero emissions by 2050 as part of new emissions reduction plan
Energy major Equinor has announced new climate ambitions to reduce absolute greenhouse gas emissions from its offshore fields and onshore…
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Top Ships exits MR1 product tanker segment with double sale
Evangelos Pistiolis led product tanker owner Top Ships has announced the sale of the two MR1 product tankers in its…
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MMEA detains Ocean Tankers vessel
Malaysian Maritime Enforcement Agency (MMEA) has detained Singapore-registered oil tanker along with 20 crew members off Penang on Sunday. According…
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Bust Haizhou Shipyard listed for auction
The administrators of bankrupt Zhejiang Haizhou Shipyard has listed the entire assets of the shipyard for auction as part of…
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Tarbit Shipping books up to four dual fuel chemical tankers at Yangzijiang
Swedish owner Tarbit Shipping has placed an order at China’s Yangzijiang Shipbuilding for the construction of up to four LNG…
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