Sector
-
APM Terminals thrashes out a deal to move ahead with LA automation plans
After many months of strained dialogue APM Terminals has finally reached a deal with the local union in California to…
Read More » -
Global Ship Lease secures new charter agreement with OOCL
UK-based containership charter owner Global Ship Lease (GSL) has secured a new charter agreement for 2003-built, 2,207 teu . The…
Read More » -
ASRY appoints acting CEO
Bahrain’s ship repair and fabrication yard ASRY has appointed Magdy Sharkawy as the acting CEO of the company, replacing Andy…
Read More » -
Seadrill scores another drillship contact
John Fredriksen’s Seadrill has been awarded a new contract for 2010-built drillship . The contract, with an unnamed client, is…
Read More » -
Noble Corporation awarded jackup extensions
Offshore driller Noble Corporation has been awarded contract extensions for two of its jackup rigs, according to the company’s latest…
Read More » -
New Chinese cape entrants surface
Chinese owners are among the most active bidders in the capesize segment with several new, low key players adding their…
Read More » -
Switzerland’s curious Belt Road Initiative stance
When one thinks of Switzerland, images of mountains, chocolate, cheese and all things nice spring to mind. We also see…
Read More » -
CCCC and ZPMC set up overseas port jv
China’s state-run construction giant China Communications Construction Company (CCCC) has entered into an agreement with port equipment manufacturer Shanghai Zhenhua…
Read More » -
CSC Phoenix acquires handymax bulker
Chinese domestic bulk shipping operator CSC Phoenix has signed an agreement with Jiangsu Yongxu Shipping for the acquisition of 2000-built…
Read More » -
Cape surge shows no sign of slowing
Capesize bulkers are now trading for in excess of $31,000 a day, leading a surge across all dry bulk segments…
Read More » -
Weekly Broker: Soaring bulk fortunes spark record sales week
As the sentiment in the dry bulk market continues to strengthen, the investors’ confidence in secondhand tonnage has been greatly…
Read More » -
DP World axes more staff in Australia as strikes resurface
Strikes across DP World facilities in Australia resurfaced today as the terminal operator announced more redundancies. DP World Australia today…
Read More » -
Meadway founder passes away
The founder of Meadway Shipping passed away unexpectedly yesterday morning. Dionysios Dellaportas founded Meadway in 1988. European shipping database Equasis…
Read More » -
First LNG freight derivatives trade concluded
Richard Fulford-Smith-led broking outfit Affinity yesterday detailed its involvement in the the first LNG freight swap settled against the Baltic…
Read More » -
Arrested OSV does a runner in the Caribbean
An intriguing legal case is brewing in the Caribbean with an offshore support vessel on the run. The – registered…
Read More » -
Seadrill drillship gets Gabon work
Seadrill Partners has secured a one-well contract for 2008-built drillship from PC Gabon Upstream. The one-well contract is for drilling…
Read More » -
Germany accedes to Hong Kong Convention
Germany has become the latest nation to accede to the IMO’s treaty for the safe and environmentally-sound recycling of ships…
Read More » -
Top Ships secures Chinese funds for refinancing
Greek tanker owner Top Ships has concluded a financing agreement with a major Chinese financier. The gross proceeds from the…
Read More » -
MarPoll: Shipping and millennials
Is shipping worse than other industries at attracting and retaining millennials? The question is one of eight posed in the…
Read More » -
New blockchain tracking solution for temperature-sensitive shipments launched
US blockchain-based logistics service firm ShipChain has formed a partnership with GTX Corp, a tech company offering GPS and NFC…
Read More »