Editor’s Picks
-
Europe
Gearbulk and Grieg Star combine forces to create 130-ship fleet
Gearbulk and Grieg Star are joining forces to create a giant 130-ship strong dry bulk fleet. The JV will be…
Read More » -
Contributions
Live Animal Export: Bodies overboard
What happens when animals die in transit? Dr Lynn Simpson has the gruesome details. Unknowingly, at birth, farm animals enter…
Read More » -
Asia
New Malaysian containerline launches
Malaysia has a new container carrier. BMS Line has entered the domestic trade between Peninsular Malaysia and East Malaysia, analysts…
Read More » -
Asia
Filipino owners hit out at 35-year-old ship phase-out plans
Shipowners in the Philippines are trying to torpedo a government initiative to ban ships over the age of 35 from…
Read More » -
Europe
Flinter pushed to the edge of bankruptcy by ING
Flinter Group, one of the top ten largest shipowners in the Netherlands, is on the ropes. The multipurpose shipowner has…
Read More » -
Asia
Troubled Ezra seeks waivers from bondholders
Singapore offshore firm Ezra Holdings sought today to ease its beleaguered financial position asking for waivers from bondholders on a…
Read More » -
Europe
CMB turns bearish on panamax boxships, sends 12-year-old twins for scrap
Belgium’s Bocimar has turned bearish about prospects for panamax container vessels, becoming the latest owner to scrap 12-year-old boxships. The…
Read More » -
Europe
French sugar trader creates stir with handy quartet swoop
Hamburg Bulk Carriers is selling off a sizeable part of its fleet to France’s Sucden Group. In total HBC has…
Read More » -
Asia
Sweeping changes at the world’s largest shipbuilder
The world’s largest shipbuilder is making plenty of changes as it fights to get through the downturn. Senior management at…
Read More » -
Asia
Hanjin’s longest voyage yet
“Time is the longest distance between two places,” concludes the Tennessee Williams’ character at the end of the play The…
Read More » -
Middle East
Suez Canal negotiating radical pricing rethink
In a radical shift for its pricing mechanism, the Suez Canal Authority is in discussions with a number of the…
Read More » -
Europe
Oldendorff continues rapid expansion snapping up eight bulkers
Germany’s Oldendorff has added to its already substantial dry bulk fleet with the acquisition of eight new vessels on the…
Read More » -
Europe
Local investors willing to keep Olympic torch burning
Troubled Norwegian offshore line Olympic Shipping has revealed a consortium of local investors are willing to invest into the restructuring…
Read More » -
Asia
Hanjin Shipping asset sale under way
The ‘for sale’ sign has officially been placed up at Korean line Hanjin Shipping today after the local court approved…
Read More » -
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…
Read More » -
Europe
Saverys family back in the hunt for distressed assets
The Saverys family is in the hunt for bargains, lining up an IPO of a new company worth up to…
Read More » -
Europe
John Fredriksen stands $1.2bn firm behind Seadrill
John Fredriksen is said to be willing to lend offshore drilling contractor Seadrill up to $1.2bn as part of a…
Read More » -
Americas
Tote ignores warnings on Hurricane Matthew, one year on from El Faro sinking
Tote Maritime says they plan to continue their regular liner schedule despite Hurricane Matthew wreaking havoc in the Caribbean, reports…
Read More » -
Contributions
Live Animal Export: Shitty, shitty sheep
Dr Lynn Simpson discusses an issue that kills large numbers of live export sheep. Quite frankly, sheep give me the shits! “More…
Read More » -
Asia
Keppel admits ‘suspicious’ payments made in Petrobras scandal
Singapore’s Keppel Corporation has admitted internal investigations have shown certain transactions associated with Zwi Skornicki from Eagle do Brasil, an…
Read More »