India
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Asia
India’s Allcargo sells last ship
India’s Allcargo Logistics has quit shipowning and the coastal shipping business with the sale of the last vessel of what…
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Asia
Chellaram makes first sale in a year
Hong Kong owner Chellaram Shipping completed its first move in the secondhand market in a year.The 13-strong bulker specialist has…
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Asia
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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Asia
Mercator fails to pay its crew for the last two months
Mercator, once India’s third largest shipping line, has hit severe financial difficulties with local newspaper, Hindu Business Line, reporting the…
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Asia
Bumi Armada JV awarded $2.1bn FPSO contract by ONGC
Malaysia’s Bumi Armada has announced that its Indian joint venture company Shapoorji Pallonji Bumi Armada Godavari (SPBAG) has been awarded…
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Asia
Adani wins Yangon port contract
Indian conglomerate Adani Group has won a 50-year concession to develop an 800,000 teu a year box terminal in the…
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Asia
Mercator confirms sale of its last VLCC
India’s Mercator has confirmed the sale of 2006-built VLCC for $27.5m, nearly five months after it was initially reported as…
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Asia
Jochen Döhle dragged into Elektrans scandal
One of the most famous names in Hamburg shipping has been dragged into the court proceedings surrounding the demise of…
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Asia
Elektrans declared insolvent
Creditors have until May 7 to submit claims as Daniel Chopra’s Elektrans Shipping has finally been declared insolvent. Insolvency proceedings…
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Asia
Port worker dies when crane catches fire while unloading coal at Kolkata
A port worker died on Saturday when a fire broke out on the mobile harbour crane he was operating caught…
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Asia
Tag Offshore abandons its only tanker with 17 crew onboard
Indian offshore service provider Tag Offshore is believed to have abandoned its 1991-built MR tanker along with its 17 crew.…
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Asia
MOL invests in six Reliance ethane carriers
Japan’s Mitsui OSK Lines (MOL) has taken its Indian energy shipping aspirations to the next level by investing in six…
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Maritime CEO
IRClass: IACS priorities heading into a new decade
Arun Sharma, executive chairman the Indian Register of Shipping (IRClass), intends to pack as much into his one-year tenure as…
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Asia
Fairfax India spends $72m buying 41% stake in Seven Islands Shipping
Investment company Fairfax India has spent INR5bn ($72.1m) buying a 41.4% stake in India’s second largest tanker company, Seven Islands…
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Europe
Subsea 7 and L&T awarded Saudi Aramco contracts
Subsea 7 and Larsen & Tubro’s L&T Hydrocarbon Engineering have been awarded in consortium two contracts by Saudi Aramco for…
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Asia
SCI LNG carrier collides with Navios VLCC off Fujairah
LNG carrier Aseem and VLCC tanker Shinyo Ocean were involved in a collision off Fujairah on Monday. According to local…
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Asia
Call to give Indian sailors a chance to vote
India’s Maritime Association of Shipowners Shipmanagers and Agents (MASSA) has urged the government to enable Indian seafarers to vote while…
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Tankers
Seven Islands Shipping takes Ancora product tanker
Indian owner Seven Islands Shipping has acquired the 1999-built MR2 tanker from Greek owner Nick Parashins’ Ancora Investment. According to…
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Asia
Jaldhi Overseas adds vintage chemical tanker
Brokers report active Indian owner Jaldhi Overseas has bought the 2006-built, 19,800 dwt chemical tanker for just under $12m from…
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Asia
ABG Shipyard moves a step closer to liquidation
One of the most famous names in Indian shipbuilding has moved a step closer to liquidation. ABG Shipyard’s committee of…
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