Editor’s Picks
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Greater China
Shipping-related football clash looms
Shanghai: The new season of the China Football Super League will kick off tomorrow. Shanghai SIPG Football Club (SIPG FC),…
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Europe
Subsea 7 sheds over 1,000 from workforce
Oslo: London-headquartered subsea operator Subsea 7 has shed more than 1,000 from its workforce citing uncertainty in the subsea market.…
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Americas
Petrobras scandal could drag Samsung Heavy Industries into the spotlight
San Francisco: The corruption scandal swirling around Brazil’s state-controlled oil giant Petrobras could be about to thrust one of the…
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Asia
Handy and supramax dry markets make a comeback, capes still dead
London: The handysize, supramax and panamax dry cargo shipping markets have sprung back to life, but the capesize market continues…
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Asia
India set to be largest driver of global seaborne coking coal demand growth this year
New Delhi: At Coaltrans India yesterday, Wood Mackenzie said India will be central to supporting growth in the global seaborne…
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Contributions
What Triton could learn from Somalia
A couple of weeks ago I tweeted a link to a BBC news story on the Triton operation that has…
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Europe
Boardley warns on ‘very difficult’ times ahead in latest Splash TV episode
Southampton: Shipping should brace itself for a “very difficult” 12 months thanks to a fragile global economy and overcapacity in…
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Americas
Chemical fire causes Port Metro Vancouver terminal evacuation
Vancouver: A four-alarm chemical fire in shipping containers at Port Metro Vancouver caused a container terminal to be evacuated on…
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Dry Cargo
TCC Group: Resurrecting the heady shikumisen days
Hong Kong: One of the grand names of Hong Kong shipping, Tai Chong Cheang Steamship (TCC Group) held celebrations in…
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Europe
Oaktree nears Torm takeover
Copenhagen: Denmark’s Torm is few weeks away from an engagement with private equity fund Oaktree Capital, a move that will…
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Containers
Maersk Group succeeding in rooting out corruption
Copenhagen: AP Moller Maersk Group unearthed a record-high of 13 different cases of corruption across the group in 2014. Not…
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Greater China
JES International seeks court protection
Singapore: In a flurry of releases to the Singapore Exchange, Chinese shipyard JES International announced a large restructuring and halted…
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Asia
Shipping Corporation of India to buy LPG vessels
Mumbai: National carrier Shipping Corporation of India (SCI), which has suffered three successive years of losses, but returned to profitability…
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Europe
600 staff to go at Odfjell Drilling
Oslo: Odfjell Drilling has sent out a compensation package offer to 600 onshore workers as redundancies loom amid the weak…
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Europe
European shipping industry vital for EU GDP growth, says study
Brussels: For every €1m contributed to EU GDP by the European shipping industry, another €1.6m is created elsewhere in the…
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Europe
ICS warns of migrant “crisis” in the Mediterranean
London: The International Chamber of Shipping (ICS) has warned that EU governments must act now before the lives of thousands…
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Asia
NYK sells Crystal Cruises to Genting for $550m
Hong Kong: Japan’s shipping giant Nippon Yusen Kaisha is selling Crystal Cruises to Genting Hong Kong for $550m. The deal…
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Asia
Myanmar – Saviour to oil & gas in SE Asia or in the “too hard” basket?
International companies will not shy away wholesale from Myanmar exploration and production projects despite a collapse in global crude oil…
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Dry Cargo
First 21st-century capesize sold for demolition
London: Japan’s K Line has sold a 15-year-old capesize vessel for demolition, making the vessel the youngest cape to be…
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Asia
LNG the big winner in K Line’s 2020 vision
Tokyo: A dramatic growth in its LNG fleet forms a key plank in K Line’s new mid-term management plan announced…
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