Editor’s Picks
-
Europe
Private equity circles over Italy
Italian shipping companies beware; vulture funds are hovering. Reuters reports that distressed debt investors are looking to buy shipping loans…
Read More » -
Environment
China targets ship pollution, spurs ECA conjecture
China clearly has shipping in its sights as it cracks down on polluting industries, leading analysts to expect some kind…
Read More » -
Americas
Panama Canal Authority advises that El Nino could force draft restrictions
The Panama Canal Authority (ACP) has given early notice of possible draft restrictions on vessels passing through as it anticipates…
Read More » -
Greater China
Mingde Heavy Industry boss missing in police custody as yard bites the dust
Ji Fenghua, president of bankrupt shipyard Mingde Heavy Industry, was taken away by the Nantong local police authorities to assist…
Read More » -
Europe
Bourbon to lay-up more vessels
Despite the release of a positive set of results for the first half, French offshore vessel owner Bourbon says it…
Read More » -
Greater China
Yangzijiang distances itself from Rongsheng
The on-off potential merger of two of China’s largest shipbuilders looks to have hit problems. Singapore-listed Yangzijiang Shipbuilding has been…
Read More » -
Containers
Don’t stop thinking about tomorrow
Winston Churchill said: “Success is going from one failure to the next with no loss of enthusiasm.” The shipping industry…
Read More » -
Europe
Italian PM gets support to keep Fincantieri yard open
A Fincantieri-controlled shipyard has avoided closure after Italy’s prime minister Matteo Renzi won the support of parliament on Tuesday to…
Read More » -
Europe
Scerni sells tanker pair to UK private equity fund as it nears shipowning exit
Scerni di Navigazione is to sell two of its ships to a London-based private equity fund. Sources familiar with the…
Read More » -
Middle East
Ashdod port evacuated following discovery of radioactive material in a container
Port workers were evacuated from Israel’s Ashdod port yesterday when radioactive material was discovered in a container onboard a Chinese…
Read More » -
Contributions
RBS says goodbye to all that
The curtain is about to come down on one of the most dominant ship finance franchises in banking history: the…
Read More » -
Europe
Shipping Podcast: Industry finds its voice
Gothenburg: Lena Göthberg today becomes the first person to feature in Maritime CEO three times, a sign of her serial…
Read More » -
Americas
Aide to former president becomes biggest scalp in Petrobras graft probe
The Petrobras corruption scandal struck further up the pole of Brazil’s high and mighty on Monday when federal police arrested…
Read More » -
Americas
Karatzas Marine Advisors: ‘Many more ships are begging to be built’
New York: Shipping’s fragile recovery risks being rocked by a wave of new orders, while traditional shipowners are facing a…
Read More » -
Asia
Noble rushes forward quarterlies in bid to quash share rout
Singapore-listed Noble Group is bringing forward its second quarter results announcement in a bid to halt its sliding share price.…
Read More » -
Europe
Seafarer dead from unknown ‘infectious disease’ onboard product tanker
A seafarer has died of an unidentified “infectious, viral disease” onboard a product tanker currently under quarantine at El Ferrol,…
Read More » -
Greater China
Mingde Heavy Industry declared bankrupt
Nantong People’s Court has officially declared the bankruptcy of debt-ridden Mingde Heavy Industry as the yard has been unable to…
Read More » -
Dry Cargo
Australian ship agency in the market to become a dry bulk owner
An Australian shipping services provider is looking to become a shipowner and possibly pushing through an initial public offering too.…
Read More » -
Asia
Premuda sells FPSO stake to Yinson Holdings
Italy’s Premuda has announced that its indirectly controlled company Four Vanguard Serviços E Navegaçao LDA has entered into a jv with Yinson…
Read More » -
Americas
US Senate Committee passes bill that would lift restrictions on oil exports
The US Senate Energy Committee on Thursday voted to pass a bill that would lift a 40-year rule limiting exports…
Read More »