Editor’s Picks
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Asia
Former Sri Lanka Ports Authority chairman’s wife questioned over money laundering
Colombo: Former Sri Lanka Ports Authority (SLPA) chairman Priyath Bandu Wickrema is understood to be in hot water, with the Central…
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Asia
Western Australia ports brace for cyclone, anchorages cleared
Sydney: The ports of Dampier and Ashburton have had their anchorages cleared today ahead of a likely hit by a…
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Greater China
Rongsheng announces ‘substantial disposal’, suspends trading of shares
Hong Kong: Bust shipbuilder China Rongsheng Heavy Industries Group Holdings suspended trading of its shares this morning on the Hong…
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Asia
Shipping Corp holed below by sinking dry bulk rates
Mumbai: India’s largest shipowner Shipping Corporation of India (SCI), which recently emerged from a three-year period in the red, fears…
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Europe
BF Tanker’s orders at Oka face the chop
Oslo: The future of Russian inland specialist Balt Flot Tanker (BF Tanker) is in doubt as Moscow chops subsidies as…
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Containers
Nan Tsing Container Lines: Nationwide reach
Dalian: The boss of Nan Tsing Container Lines is today’s Maritime CEO profile as well as the cover star of…
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Americas
Carbofin fined $2.7m for pollution in the US
Rome: Italian shipowner Carbofin has been fined $2.7m by an American court for illegally discharging oil and waste into US waters.…
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Asia
ClassNK: Innovation role
Tokyo: The chairman of Japanese classification society, ClassNK, Noboru Ueda, discusses with Maritime CEO today in an exclusive interview the…
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Europe
Maersk selling stake in Esvagt
Copenhagen: AP Moller-Maersk’s strategy of offloading non-core assets and focusing on its main group sectors has seen it put its…
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Americas
Democrat senators oppose Obama’s Atlantic offshore drilling plans
Washington: A group of 12 US senators from northeast states registered their objections on Monday to President Barack Obama’s proposals…
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Offshore
Australia’s Bhagwan Marine makes subsea move
Perth: Australian offshore vessel operator Bhagwan Marine has announced the launch of a new subsea division. Bhagwan has a fleet…
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Americas
Part of Houston Ship Channel closed after second collision in five days
Houston: The Houston Ship Channel was partially shut on Monday after a collision between two vessels, the second such incident in…
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Dry Cargo
Eagle Bulk Shipping CEO replaced
Athens: Sophocles N. Zoullas has officially resigned as CEO of Eagle Bulk and has been replaced by Stanley H. Ryan.…
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Europe
Solstad Offshore wins Malaysia charter extension
Oslo: Solstad Offshore said it has received a letter of award from Murphy Sabah Oil for the charter of anchor…
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Dry Cargo
Kopervik vessel ready to restart trading
Oslo: The Norwegian general cargo vessel, Fri Sea (3,676 dwt, built 2001), which ran aground on Saturday after it was caught…
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Asia
Vessel catches fire off Vung Tau
Ho Chi Minh City: General cargo vessel Golden 168 (9,106dwt, built 2008) caught fire early Sunday morning while docking off…
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Containers
To cut costs or to grow? The question of focus for container shipping
Another quarter, another year, and another painful reminder that the container shipping business is not for the fainthearted. The most…
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Greater China
CSSC and CSIC coy on merger talk
Shanghai: Following the recent state approvals of mergers between two major train makers CNR Corporation and CSR Corporation, and two…
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Europe
Norwegian vessel runs aground in Scotland
Glasgow: Norwegian general cargo vessel Fri Sea (3,676dwt, built 2001) ran aground yesterday after it was caught in a squall…
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Dry Cargo
Pola Maritime: Targeting new handysizes
Antwerp: Pola Maritime is ready to order more handysizes, so long as prices for newbuilds drop a bit. Carlo Cepollina…
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