Japan
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Asia
No change in shipping fortunes until 2018: NYK president
In an interview with Nikkei, the leading Japanese business daily, Tadaaki Naito, the president of Nippon Yusen Kaisha (NYK), one…
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Asia
Master of ‘death ship’ should be charged: ITF
The International Transport Workers’ Federation (ITF) has urged the Australian coroner investigating the series of deaths onboard the Japanese bulker…
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Greater China
Island Navigation takes LR product tanker from MOL
Island Navigation is making plenty of plays in the product tanker sector at the moment. The privately held bulk shipowning…
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Greater China
Island Navigation revealed as buyer of NYK product tanker
Hong Kong’s Island Navigation has been revealed as the buyer of the Japanese MR product tanker . No price was…
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Asia
MOL in for rare cape order
News comes from Japan of a very rare order for a new capesize. Imabari Shipbuilding has signed a contract with…
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Asia
Audio recordings from ‘Death Ship’ were deleted, court told
Audio recordings are likely to have have deleted deliberately from the voyage data recorder (VDR) onboard a ship on which three…
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Europe
New Shipping swoops for secondhand NYK Line cape
New Shipping, led by Adam Polemis, continues to dive into the secondhand maket picking up the 2007-built capesize bulker from…
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Asia
JERA to acquire EDF Trading’s coal and freight business
Japanese energy company JERA has signed a non-binding agreement with EDF Trading, part of French energy giant EDF, for subsidary…
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Asia
Mitsubishi Heavy Industries to downsize shipbuilding operations
Japan’s Mitsubishi Heavy Industries (MHI) is planning to downsize its shipbuilding operations in order to deal with the current market…
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Asia
NYK Line braces itself for $1.9bn in extraordinary losses
Japan’s NYK Line has said it will report ¥195bn ($1.9bn) in extraordinary losses in its results for the second quarter…
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Asia
SR Shipping linked to United Ocean supramax sold at auction
SR Shipping is said to be the buyer of United Ocean Group supramax , sold at auction in Tokyo last…
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Asia
Winning continues cape crusade
Chinese owner Winning Shipping is not resting on its laurels and continues to show itself as the leading buyer of…
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Asia
United Ocean bulker sold at Tokyo auction
Supramax bulker sold at action in Tokyo last week, after making the headlines for attracting interest from owners across the…
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Asia
Kawasaki Heavy may close its shipbuilding business
Declining profitability may cause Japan’s Kawasaki Heavy Industries to close its shipbuilding business. The company said it would decide by…
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Asia
MOL agrees hybrid loan for equivalent of $987m
Mitsui O.S.K. Lines (MOL) announced on Friday it is taking a hybrid loan equal to $987m, primarily to fund its…
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Asia
BW Dry Cargo takes another Japanese kamsarmax
Fast developing BW Dry Cargo has snapped up another Japanese kamsarmax. The Singapore firm, founded in April this year, has…
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Asia
NYK seals deal to take 25% stake in Emas Chiyoda Subsea
Singapore’s Ezra Holdings has announced the completion of the deal for Japanese shipping line Nippon Yusen Kabushiki Kaisha (NYK) to…
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Asia
APL Logistics blames K Line bankruptcy rumours on a ‘small number’ of employees
Japanese-owned APL Logistics Group has issued a statement via president Beat Simon in response to accusations by Kawasaki Kisen Kaisha (K Line)…
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Europe
Zodiac snaps up aframax
Brokers tell Splash that the tanker division of Zodiac Maritime Agencies has picked up the 105,000 dwt tanker for $20.5m.…
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Asia
Hong Kong owners circle Tokyo auction ship
An auction today in Tokyo is expected to see plenty of Hong Kong owners face off for a supramax bulker.…
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