Sector
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Euroseas acquires four boxships from Synergy
Aristides Pittas led Euroseas has entered into agreements with Synergy Holdings to acquire four 4,253 teu containerships for around $40m.…
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SPDB Financial Leasing takes over two CMA CGM ships
China’s SPDB Financial Leasing, the leasing unit of Shanghai Pudong Development Bank, has completed an operating lease deal for two…
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Bourbon awarded Namibia contract by Total
France’s Bourbon Marine & Logistics has been awarded a contract by Total E&P Namibia to support a deep offshore exploration…
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CNOOC appoints new chairman
Chinese state run energy conglomerate China National Offshore Oil Corporation (CNOOC) has appointed Wang Dongjin as the new chairman of…
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A midlife crisis? Ships above 15 years may miss the cut for ballast water system installation
William Burroughs from ABS Advisory Services has a stark warning for shipowners across the world today. Analysis from classification society…
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The Captain’s Table final to be televised live
The finals of the Captain’s Table – shipping’s very own Dragon’s Den – will be broadcast live from Hong Kong…
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Zodiac Maritime pounces for bulker
Ofer Eyal-led Zodiac Maritime has emerged as the taker of Mizuho Sangyuo 2004 built, 203,000 dwt Azul Challenge, now renamed…
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Court orders seizure of more Yuhua Energy assets
Xiamen Intermediate People’s Court has issued an enforcement order to seize the assets of product oil trader and tanker operator…
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Gaming app launched to cut shipboard deficiencies
Hong Kong shipmanagement giant Anglo-Eastern has debuted an educational gaming app aimed at reducing shipboard deficiencies. Launched during Hong Kong…
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Newbuild orders plunge 40% in 2019
Latest figures from Clarkson Research Services show the huge hesitancy among owners to place orders this year. Describing newbuilding contraactiung…
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Greenhouse gas debate turns towards next year’s MEPC
Prescriptive short-term measures to cut shipping’s carbon footprint appear to be on the back burner following last week’s intersessional greenhouse…
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Cosco to build first LNG-powered VLCC at DSIC
Cosco Shipping Energy Transportation, the tanker unit of Cosco Group, has upgraded a VLCC newbuilding under construction at Dalian Shipbuilding…
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Golden Union snaps up post-panamax pair from Noble Group
Theodore Veniamis-led Golden Union has acquired a pair of Chinese post-panamax bulkers from commodity trader Noble Group, according to brokers.…
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BULL grabs FSL product tanker pair by the horns
Indonesian tanker owner PT Buana Lintas Lautan (BULL) has splashed out $39.7m to buy 2006-built LR2 product tankers FSL Piraeus…
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Metrostar contracts with New Times for suezmax series
Brokers report Metrostar Management has placed an order for two firm plus two options of China’s New Times’ 158,000 dwt…
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Karoon contracts Stena drillship for Peru well
Australia’s Karoon Energy has sealed an agreement with Stena Drilling and Tullow Oil to contract the drillship. The drillship has…
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Ocean Infinity brings in Solstad CSV on long-term charter
Houston-based subsea and data company Ocean Infinity has chartered in Solstad Offshore’s 2014-built CSV . The vessel has now been…
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Weekly Bunker: HSFO slumps
Even when everyone knows something is going to happen, it’s still fascinating to watch it come true. HSFO demand is…
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Nam Cheong to expand offshore facility in Labuan
Malaysian offshore marine group Nam Cheong has signed an MOU to enter into a lease agreement with Labuan Corporation, an…
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2020 Bulkers newcastlemax charters with Koch extended
Tor Olav Trøim’s 2020 Bulkers has announced that it has sealed extended charter contracts with Koch Supply and Trading for…
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