Editor’s Picks
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Operations
Your chance to vote on shipping’s top issues
Singapore: Today sees the launch of the latest MarPoll, a regular survey carried on this site for Maritime CEO magazine.…
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Greater China
Shipping reaching ‘the blood on the carpet’ stage, HKSOA’s Bowring tells Splash TV
Hong Kong: Shipping is now reaching “the blood on the carpet” stage, Arthur Bowring, managing director of the Hong Kong…
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Asia
Zycraft: ‘The threat of terrorism at sea is not far off’
Singapore: Piracy in Southeast Asia shows no sign of abating and unmanned surface vessels could have a role to play…
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Europe
Grool returns to Europe as a board member at Vroon
Perpignan: Shipmangement veteran Rob Grool is joining the board at Vroon from June 1. Grool, who had been managing Seaspan’s…
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Europe
Cecon heads for bankruptcy
Oslo: Oslo-listed subsea contractor Cecon has said it has been unable to successfully restructure and it has asked a court…
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Americas
US export boom for LNG predicted
Houston: US Energy Secretary Ernest Moniz told the CERAWeek energy conference on Thursday that there is “a good chance” the…
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Containers
Navios snaps up fourteen from HSH Nordbank
Athens: Navios Maritime Holdings, Navios Maritime Acquisition Corp and Navios Maritime Partners have announced today that they have executed a…
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Asia
Masterbulk closes shipmanagement divison, seeks third party manager for its own fleet
Singapore: A sea change in direction for Masterbulk, the Singapore offshoot of Westfal-Larsen Shipping, has seen it axe early plans…
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Asia
Sea Asia delegates told not to worry about financing: ‘There’s plenty of funds available’
Singapore: The current climate for ship financing is warming up, and there is sufficient funds in the market, delegates were…
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Americas
Titan and Svitzer join forces to create Ardent
Copenhagen: AP Moller-Maersk has completed its merger of its salvage division with a subsidiary of Crowley Maritime Corp from the…
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Greater China
Chinese yards seek growth with special purpose vessels
Singapore: With the traditional shipping market still in the slow recovering process and the offshore market struggling, some Chinese shipyards…
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Americas
TRACE: ‘Shipping exposed to more corruption than any other industry’
Annapolis: Shipping is hit by more cases of corruption than just about any other industry, Alexandra Wrage, the president and…
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Asia
Near term outlook grim: Sea Asia Global Forum
Singapore: The mood was mixed among panellists at the Sea Asia Global Forum this morning. The lead start to the…
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Americas
Petrobras able to bankroll its 2015 operations after deals with banks
San Francisco: Petrobras is able to bankroll its operations and investments for the rest of this year, after securing more…
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Dry Cargo
Wah Kwong in the market for secondhand tonnage for first time since the 1960s
Hong Kong: Despite not having bought any secondhand tonnage since the 1960s, Hong Kong’s Wah Kwong is in the market…
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Asia
HMM negotiates dry bulk fleet sale with Taiwanese securities house
Seoul: The Seoul Economic Daily reports that Hyundai Merchant Marine (HMM) has entered negotiations with Taiwan securities house Yuanta to…
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Asia
SCI puts its container division on six-month probation
Mumbai: Seriously concerned at the extremely low profits turned out by the container sector in its portfolio, Shipping Corporation of…
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Americas
Atlantic Container Line: ‘Carriers obsessed with market share instead of profitability’
Westfield: Container carriers continue to chase market share much to the detriment of their bottom lines, says the head of…
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Dry Cargo
Caravel hunts handymax buys
Hong Kong: The Caravel Group, the shipping and trading group founded by Harry Banga in 2013, is in the market…
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Europe
€4.4bn Russian Arctic infrastructure plan
Oslo: The Russian deputy prime minister Dmitry Rogozin has rolled out a €4.4bn Arctic infrastructure plan. The figure was given…
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