Sector
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Swathe of VLCCs and LR2s set for floating storage ahead of the sulphur cap
Ageing tankers are set to be used for floating storage in greater numbers in the coming months as the days…
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Maritime CEO Forum: Banchero Costa’s dry bulk warning
Ralph Leszczynski, global head of research at Banchero Costa, took the hot seat for the opening quickfire Q&A markets salvo…
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POSH CEO to retire
Singapore offshore vessel operator PACC Offshore Services Holdings (POSH) has announced that Gerald Seow will retire from the CEO position…
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Singapore project aims to fast-track marine 3D printing
In a joint industry program (JIP) initiated by the Maritime and Port Authority of Singapore (MPA) class society DNV GL…
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Bocimar left with one handy after Cosmoship sale
A sale done by Antwerp-based Compagnie Maritime Belge’s bulker arm Bocimar made the headlines in last week’s broker reports. This…
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Scorpio Bulkers secures sale and leaseback deal with Ocean Yield
Monaco-headquartered Scorpio Bulkers has entered into an agreement with Ocean Yield for the sale and leaseback of two vessels. Under…
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How shipping is so vulnerable to hackers
A week ago Splash reported how consultant Captain Ozgur Dogan Gunes had been able to hack into two Hong Kong…
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Diana Shipping secures contract extension from Uniper
Greek dry bulk vessel owner Diana Shipping has entered into a new time charter contract with Uniper Global Commodities for…
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Dandong Port enters court-led restructuring
Dandong Intermediate People’s Court has ruled financially troubled Dandong Port to start a restructuring at the request of the creditors…
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Tongcheng Shipping bulker to be auctioned by court
Guangzhou Maritime Court will hold an auction for the 2011-built 7,200 dwt bulk carrier via online platform Taobao on May…
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Major shipowner associations vow to extend cooperation
The International Chamber of Shipping (ICS), the Asian Shipowners’ Association (ASA) and the European Community Shipowners’ Associations (ECSA) have jointly…
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ENN secures 10-year LNG supply deal with Woodside
Chinese clean energy distributor ENN has signed a heads of agreement with Australia’s Woodside Energy for the procurement of 1m…
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Maritime CEO Forum: ‘We should look beyond the sulphur issue’
Despite a majority of panelists at today’s Maritime CEO Forum tanker session professing to be fans of scrubbers, all executives…
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Fleet reductions could see tanker owners in touch with a profit in 2019
IMO sulfur regulations will constrain large tanker supply growth while an ageing fleet should encourage scrapping, writes Tim Smith, director…
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Christian Andersen steps down at Avance Gas
Pure-play VLGC owner Avance Gas Holding has announced that president Christian Andersen has stepped down. Andersen has led the company…
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Auramarine: Ready for 2020
Finnish fuel system provider Auramarine is getting plenty of inquiries as the days tick down to the global sulphur cap.…
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CDB Leasing orders ultramax quartet at New Dayang Shipbuilding
CDB Leasing, the leasing unit of policy bank China Development Bank, has officially signed shipbuilding contracts with New Dayang Shipbuilding…
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AMP seals first acquisition of the year
One of Hong Kong’s largest handysize players, Asia Maritime Pacific (AMP), has sealed its first purchase in years. The Mark…
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Atlantica Tender Drilling and Energy Drilling to merge
Houston-headquartered Atlantica Tender Drilling and Singapore’s Energy Drilling have signed a letter of intent to merge the two companies, creating…
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Icon Offshore awarded supply vessel contract by Petronas
Malaysian offshore vessel owner Icon Offshore has been awarded a contract by Petronas Carigali for the provision of straight supply…
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