Sector
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Seven Islands tipped to have taken Ardmore’s oldest tanker
Broking sources are tipping Mumbai’s Seven Islands as the taker of a ship sold by Ardmore Shipping last week. The…
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Andromeda Shipping picks up Great Eastern suezmax tanker
Greek tanker owner International Andromeda Shipping has acquired 2000-built suezmax tanker , according to brokers. Seasure Shipbroking and Advanced Shipping…
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Wison to invest $29.8m in CSSC Shipping IPO
Chinese EPC service provider Wison Engineering Services has entered into a cornerstone investment agreement to acquire new shares to be…
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Carbon dioxide leak on Chinese bulker leads to death of ten crew
A carbon dioxide leak on panamax bulker in Weihai on Saturday has killed 10 crew and injured another 19. According…
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Two Japanese general cargo ships collide, one dead and three missing
Two general cargo ships collided off the coast of Chiba, Japan on Sunday, with three crew members still missing after…
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Cosco takes over control of Rui Tai Shipyard
Cosco Shipping Heavy Industry (CSHI) has launched a new yard in Nantong, further expanding its ship repairing business. Cosco inked…
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Calcium hypochlorite strikes again in dramatic KMTC blaze at Laem Chabang
More than 130 people were taken to hospital yesterday and residents were told remain inside after a huge chemical explosion…
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Transpacific rates tumble as Maersk warns trade war could shave global box growth by 1% this year
The escalating trade war between the US and China is already impacting volumes on the world’s largest container carrier, with…
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Maritime subsidies in the spotlight at ITF Summit
Maritime subsidies formed a central topic for debate at yesterday’s 2019 ITF Summit in Leipzig. Organised by the International Transport…
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Alibra Shipping: Why boutique brokers still have a place in the shipping universe
A greater attention on clients’ needs is arguably what sets Alibra Shipping apart from many of its giant shipbroking rivals.…
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Dynagas tipped to have ordered LNG pair at Hyundai Heavy
Brokers are widely tipping Dynagas Holdings as the party behind contracts for two 180,000 cu m LNG carriers to be…
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Global Ship Lease snaps up three post-panamaxes for Maersk charters
London-based containership owner Global Ship Lease (GSL) says it has agreed to acquire three 2004-built 7,849 teu containerships for a…
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CMA CGM buys trackers for 50,000 of its containers
French liner CMA CGM has ordered 50,000 Traxens trackers to monitor a portion of its containers. CMA CGM was the…
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Zhuhai Port to acquire two newbuild multipurpose vessels
China’s Zhuhai Port has announced a plan to acquire two newbuild 25,800 dwt multipurpose vessels to expand its bulk shipping…
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Olympic Shipping awarded wind farm contract
Norway’s Olympic has entered into an agreement with Adwen, a subsidiary of Siemens Gamesa, for the deployment of its multi-purpose…
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Teekay gets extension for Petrojarl Banff FPSO
Teekay Corporation has agreed with Canadian Natural Resources (CNR) to extend the employment of its FPSO unit for one year.…
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SeaBird Exploration secures new survey contract from Wintershall
Norwegian offshore survey service provider SeaBird Exploration has been awarded a contract by Wintershall DEA for 2D acquisition in the…
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Solstad Offshore sells PSV
Norway’s Solstad Offshore, via subsidiary Farstad Shipping, has sold its 2003-built platform supply vessel . The vessel has been delivered…
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Alarm raised at the vast amount of money owed in backpay to the world’s seafarers
The amount of back pay owed to crew remains alarmingly high despite greater scrutiny from mainstream press and the general…
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UK report links Panama flag with illicit North Korean shipments
The world’s largest shipping registry has been embroiled in a scandal involving sanctions-busting North Korea. A 27-page report from the…
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