Sector
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Scorpio Bulkers offloads ultramax pair
Emanuele Lauro’s Scorpio Bulkers has entered into agreements to sell 2014-built SBI Puma and 2015-built SBI Cougar for a total…
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Fuel spread uncertainties rise with 100 days to go until the global sulphur cap
Today marks 100 days until the global sulphur cap kicks in with many in the shipping community still scrabbling to…
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Clarkson downgrades tonne-mile forecasts
Clarkson Research Services, one of the world’s largest shipping analyst firms, has downgraded its tonne-mile projections with a warning from…
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Splash Podcast: Sand and steel
The Deep Dive returns with a provocative pod looking at what are the right and wrong datasets to focus on…
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Pitfalls linked to index deals
Anders Liengaard from Danish consultants Liengaard & Roschmann has some words of caution for the increasingly trend of index-linked deals…
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Capsized car carrier off Brunswick leaks bunker fuel
The 2017-built, 7,700 ceu car carrier , which capsized near the American port of Brunswick earlier this month, has leaked…
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POSH Terasea hit by another default
Robert Kuok’s Singapore-listed PACC Offshore Services Holdings (POSH) says that its 50% owned subsidiary POSH Terasea is facing another default…
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Borealis takes on another boxship
Christoph Toepfer-led Borealis Finance has announced the acquisition of the 2009-built 4,563 teu containership for a price of $10.75m. The…
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Altomare snaps up VLCC from NYK
Greece’s Altomare has acquired 2005-built 310,300 dwt Imabari VLCC , according to broking sources. Altomare has taken the Toyo from…
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Tianjin Southwest adds three VLGCs at Jiangnan Shipyard
Chinese shipowner Tianjin Southwest Maritime (TSM) has placed an order at CSSC’s Jiangnan for the construction of three 86,000 cu…
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The Captain’s Table shortlist revealed
Splash can reveal today the 15 names who have made it to the shortlist for maritime startup competition, The Captain’s…
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Soechi Lines takes Meiji Shipping supramax
Indonesian tanker owner Soechi Lines has acquired the 2005-built aframax bulker from Japanese owner Meiji Shipping According to shipbroking sources,…
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McDermott moves to sell Lummus Technology
Houston-headquartered McDermott International has received unsolicited approaches to acquire all or part of its technology business Lummus Technology. Due to…
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Ancora swoops for Teekay product tanker
Ancora Investment Trust has acquired 2007-built MR1 product tanker from Teekay LNG Partners, multiple brokers report. The Greek MR product tanker…
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Allseas awarded contract by Repsol to remove Gyda platform
Allseas has been awarded a contract by Repsol Norge for the removal, transfer, load-in to shore and disposal of the…
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Zhejiang Xinyihai Shipping orders supramax at Jiangsu Haitong
Zhejiang Xinyihai Shipping has placed an order at Jiangsu Haitong Offshore Engineering for the construction of a 51,000 dwt supramax…
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China closes in on record 1bn ton annual steel output
China is on track to defy expectations and produce a record steel output this year of just shy of 1bn…
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Glencore joins group determined to digitise agrishipping
Glencore has joined an initiative led by the world’s leading agri-shippers to to digitise shipping transactions. Launched last October, the…
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POSH warns on troubled joint venture with Ezion
Robert Kuok’s Singapore-listed PACC Offshore Services Holdings (POSH) could be hit with an impairment charge of up to $42m, following…
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An autumn of discontent? The Saudi Arabia energy attacks in context
MSI maintains a broadly positive outlook for large oil tankers, but the overall effect of higher oil prices on the…
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