Sector
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Ocean Yield acquires and charters back CMB newcastlemax
Norwegian owner Ocean Yield has agreed to acquire a 206,000 dwt newcastlemax newbuilding from Belgian owner CMB for a price…
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Grindrod Shipping seals handysize sale and leaseback
Nasdaq-listed Grindrod Shipping has sealed a sale and leaseback transaction with a Japanese shipowner for 2010-built 33,100 dwt handysize drybulk…
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Sapura Energy awarded $241m worth of new contracts
Malaysia’s Sapura Energy has secured 10 contracts worth a total of RM1bn ($241m). The new awards include the company’s first…
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Icon Offshore sued by Labuan Shipyard & Engineering over PSV newbuilding
Malaysia’s Icon Offshore has announced that Labuan Shipyard & Engineering (LSE) filed a lawsuit against its wholly-owned subsidiary Icon Ship…
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MPA suspends bunker licence of Inter-Pacific Petroleum
Singapore’s Maritime and Port Authority (MPA) has suspended the bunker craft operator licence of Inter-Pacific Petroleum from June 27. MPA…
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Marseille names street in honour of CMA CGM’s founder
Marseille yesterday named a street after one of its greatest adopted sons. Stretching 2 km from the CMA CGM Tower…
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W&T Offshore acquires ExxonMobil properties in the Gulf of Mexico
W&T Offshore has agreed to acquire ExxonMobil’s interests and operatorship of oil and gas producing properties in the eastern region…
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Details emerge of Hoegh Autoliners anti-trust case in the US
Two former Hoegh Autoliners executives have been indicted in Baltimore in an ongoing anti-trust case that has snared many of…
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Coastal Bulk Shipping secures grain shipping contract with Malteurop
Coastal Bulk Shipping has the signed a long-term partnership with New Zealand’s Malteurop to transport a major portion of the…
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Cargill takes Diana Shipping cape on time charter
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Cargill International for 2007-built capesize . The…
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Skou sets 2021 target to raise landside business to 50% of revenues
Soren Skou, the head of A.P. Moller-Maersk, has outlined how he intends to get half his group’s revenues coming from…
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MSC Gayane cocaine bust a historic high for US Customs
Having combed through the entire ship, the US Customs and Border Protection (CBP) has revealed it found more cocaine onboard…
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Africa and the Mediterranean’s largest boxport set to open today
Tangier will today celebrate the opening of the largest container port in capacity terms in the whole of the Mediterranean,…
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Product tankers to benefit from permanent closure of largest refinery on US east coast
The Atlantic product tanker trades are set for a massive shake-up with news from Philadelphia where the largest oil refinery…
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US narrative on Hormuz attacks questioned
The US narrative that Iran is to blame for the tanker explosions in and around the Strait of Hormuz over…
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Weekly Broker: Dry bulk climbs higher
Positive performances recorded for all bulker segments have pushed the dry bulk index to year-highs this week, and sustained the…
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Wilhelmsen and Rainmaking join forces
Matching Wilhelmsen’s maritime expertise and product development know-how with Rainmaking’s proven track record in entrepreneurship and venture building, the new…
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Bourbon and Oceanteam secure CSV contract with Fugro
Oceanteam has secured a contract for the deployment of its construction support vessel to support Fugro for a Deepwater ROV…
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Navigator Holdings appoints Henry Deans as CEO
Gas ship owner Navigator Holdings has appointed Henry “Harry” Deans as its new chief executive officer. Deans will step into…
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Caroline Yang elected president of Singapore Shipping Association
Caroline Yang, the CEO of Hong Lam Marine, has been elected president of the Singapore Shipping Association and becomes the…
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