Sector
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Hutchison Port Holdings appoints new CEO
Hong Kong-based container terminal operator Hutchison Port Holdings Trust has announced that its chief executive officer Gerry Yim Lui Fai…
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Zhonggu Logistics tipped to venture overseas
Zhonggu Logistics looks likes its ready to venture overseas. Parent Zhonggu Xinliang is a private company set up in its…
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Akij swoops for its most expensive supramax
Bangladesh’s Akij Group continues to scout for handymaxes and supramaxes. This week sources tell Splash that the group has dived…
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CSSC pays Klaveness $875,000 to settle ship quality dispute
China State Shipbuilding Corporation (CSSC) has settled a dispute with Norwegian owner Torvald Klaveness relating to deficiencies on a bulker built…
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Maersk Drilling scores Repsol drilling contracts
Maersk Drilling has been awarded contracts by Repsol Exploración Mexico for a two-well project utilising 2013-built drillship at block 10 and…
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TechnipFMC agrees to pay over $300m to resolve anti-corruption investigations
Offshore engineering contractor TechnipFMC has agreed to resolutions with the U.S. Department of Justice (DOJ), the U.S. Securities and Exchange…
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Fresh Carriers orders three reefers
Tokyo-based Fresh Carriers has placed orders for three conventional reefer ships at Japan’s Kitanihon Shipbuilding. Scheduled for delivery in 2020…
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Kvaerner awarded Jackdaw FEED contract by Shell UK
Norwegian EPC specialist Kvaerner has won a contract with Shell UK to perform design engineering of the planned Jackdaw wellhead…
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Infographics released to show shipping’s path towards decarbonisation
British consultants UMAS have today released a series of infographics showing what fuels will help to decarbonise shipping by 2050.…
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Blockchain consortium sets out to tackle misdeclared cargo issue
Blockchain technology is being trialled to try and counter the alarming string of boxship fires started by misdeclared goods. Maritime…
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NYK pips Maersk in new green report
Among the largest listed shipping companies in the world, China’s state-run giant Cosco has been branded the line doing the…
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Maersk Spot unveiled as Danish carrier moves ahead with online box bookings
Maersk today unveiled the next chapter in its quest to lead liner shipping’s path to online container bookings. With the…
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Cleaves reckons five-year-old capes represent best bargain in shipping
A new report from Cleaves Securities suggests that buying a five-year-old capesize now could be one of the best investments…
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US presses ahead with Hormuz naval coalition plans
Efforts by American authorities to create an international naval coalition to assist merchant ships through the Strait of Hormuz continue…
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PB Tankers files for court protection in Italy
Rome-based PB Tankers has filed for court protection in Italy under the bankruptcy law following the action taken by the…
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Cosco integrates oil shipping assets with PetroChina
Cosco Shipping Energy Transportation, the energy shipping unit of Cosco, has approved a proposal to transfer its shares in two…
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Oldendorff takes Noble post-panamax
German shipping mammoth Oldendorff has emerged as the buyer of its second 2010-built post-panamax bulker this year. This week the…
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McDermott awarded more work by Saudi Aramco
McDermott International has been awarded a contract by Saudi Aramco for engineering, procurement, construction and installation (EPCI) services at the…
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Awilco LNG hit by contract termination for damaged LNG carrier
Awilco LNG has announced that the charterer of its 2013-built LNG carrier has decided to cancel the remaining period of…
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Former UBS banker sentenced to nine years in Shanghai jail over OOCL takeover leaks
Corruption has been unearthed in Cosco’s 2017 $6.3bn takeover of Hong Kong containerline Orient Overseas Container Line (OOCL). The Wall…
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