Editor’s Picks
-
Greater China
Fred Cheng scoops five VLCCs in tanker comeback
Athens: Fred Cheng’s Shinyo International has bought five VLCCs for a combined $326m, brokers told Splash today. All the deals are…
Read More » -
Dry Cargo
Noble’s stock should be suspended: Michael Dee
Singapore: One of the chief critics of the embattled Singapore-listed Noble Group, Michael Dee, has contacted Splash to further his…
Read More » -
Asia
Missing Malaysian tanker found in Cambodian waters
Kuala Lumpur: An Australian aircraft has seen the missing Orkim Victory in Cambodian waters. The ship, hijacked last week off…
Read More » -
Europe
Grimaldi in for up to $600m of new ships at Yangfan
Naples: Grimaldi Group of Naples has just added a further 10 newbuildings to its already large orderbook of ships, Splash…
Read More » -
Containers
Milaha: Diversity counters adversity
Doha: The extremely diverse set-up at Qatari maritime conglomerate Milaha is seeing it get through the oil price drop. The…
Read More » -
Europe
Container reachstacker on fire in Southampton
Athens: Fire crews tackled a “major” blaze that started from a container reachstacker at a yard near the Southampton Docks,…
Read More » -
Europe
Gas flows from world’s smallest topside
Rijswijk: Wintershall is expanding its natural gas production in the Netherlands: the unmanned mini-platform L6-B has started to produce natural…
Read More » -
Europe
Neste exits shipowning with sale of product tankers to Donsötank
Athens: Finland’s Neste Corporation is to sell two of its product tankers to Sweden-based Donsötank for an undisclosed sum. The vessels are…
Read More » -
Europe
Andreas Chrysostomou: Cypriot nomination for IMO’s top job
Nicosia: Today sees the third in a series of interviews with candidates to take over the role of secretary-general of…
Read More » -
Operations
Hachiuma Steamship left ‘death ship’ investigations to the police
Tokyo: The managing director of Hachiuma Steamship, the firm that manages the infamous Sage Sagittarius bulk carrier dubbed the death…
Read More » -
Europe
Euronav to pay $384m for Metrostar’s four VLCCs
Athens: Euronav has confirmed it will pay Greece’s Metrostar Management $96m per vessel or $384m in total for four VLCC…
Read More » -
Americas
Storm leads Chevron and Shell to evacuate personnel from rigs
San Francisco: Some of the world’s leading energy developers – including Chevron, Shell, Exxon and BP – were taking moderate…
Read More » -
Asia
ST Shipping fixes five DPP tankers in floating storage coup
Athens: Singapore-based ST Shipping, part of commodity trader Glencore, has reportedly fixed five dirty petroleum products (DPP) tankers on short-term period…
Read More » -
Americas
North Korean seafarers jailed in Panama for arms trafficking
San Francisco: Two North Koreans have been jailed in Panama for 12 years for attempting to smuggle Cuban weapons through…
Read More » -
Asia
Manager of missing tanker denies MMEA claim it took 10 hours to report incident
Kuala Lumpur: The Malaysian Maritime Enforcement Agency (MMEA) has fired a broadside at Orkim Ship Management for taking 10 hours…
Read More » -
Asia
Seven Oceans Consulting: The latest technology in the simplest of formats
Singapore: Captain Himanshu Joshi, the ceo of Singapore-based Seven Oceans Consulting, has set out his goals, and he clearly is…
Read More » -
Middle East
August date set for new Suez Canal opening
Cairo: August 6 has been announced as the official launch date for the new expanded Suez Canal. Egyptian president Abdel…
Read More » -
Asia
Mitsubishi-led PE fund targets more boxships
Tokyo: Mitsubishi Corporation has announced the final close of MC Seamax Shipping Opportunities Fund, a private equity fund, which is…
Read More » -
Europe
Siem Offshore pushing through emergency $100m rights issue
Oslo: With the oil price dive plunging Siem Offshore into financial trouble the company is convening an extraordinary general meeting…
Read More » -
Dry Cargo
Zodiac Maritime continues bulker spree
Oslo: Sources tell Splash that Zodiac Maritime has snapped up the 175,600-dwt C Prosperity for $25m. Online pricing platform VesselsValue.com says…
Read More »