Editor’s Picks
-
Americas
Trump moves to ease sulphur cap implementation date
President Donald Trump is reportedly looking to ease the phase-in of the IMO-mandated sulphur cap, worried that the global launch…
Read More » -
Contributions
Scrubbers: the industrialisation of pollution or saviour of the planet?
It has been a brutal month for purveyors of open-loop scrubbers. Yes, sales tills continue to ring, with many manufacturers…
Read More » -
Europe
Giuseppe Bottiglieri puts entire tanker fleet up for sale
Naples-based Giuseppe Bottiglieri Shipping Company intends to sell all its fleet of tankers according to broking sources. The four MR1…
Read More » -
Europe
Nikolas Pateras embarks on feeder buying frenzy
Nikolas Pateras and his 2015-founded Contships Management have embarked on a feeder buying frenzy. Pateras, an adept asset player who…
Read More » -
Middle East
Pilot in hot water over last year’s most watched shipping accident
The UK’s Marine Accident Incident Branch (MAIB) has released its report into one of the most high profile accidents of…
Read More » -
Greater China
Rosco fleet up for sale again
Chinese owner Rewood Ocean Shipping (Rosco) has listed its entire fleet for sale again, having failed to conclude a deal…
Read More » -
Europe
Oltmann makes KG return
A decade since it last dabbled in the KG markets, Germany’s Oltmann Group has launched a new investment scheme to…
Read More » -
Europe
V.Group acquires Norddeutsche Reederei H. Schuldt
Shipmanagement giant V.Group continues its growth by acquisition strategy, signing a deal with Germany’s Norddeutsche Vermögen Group to acquire Norddeutsche…
Read More » -
Greater China
Formosa Plastics pushes ahead with fleet clearout
Taiwanese conglomerate Formosa Plastics is having a fleet clearout with a host of different ship types put in the shop…
Read More » -
Asia
ONE set for singularly awful first year with $600m loss
Carrier consolidation can prove tricky as evidenced today with news of a massive revision of projected earnings from Japan’s Ocean…
Read More » -
Greater China
Minsheng Financial Leasing snaps up five PIL boxships
Chinese financial leasing house Minsheng Financial Leasing has acquired five boxships from Singapore’s Pacific International Lines (PIL) in an en…
Read More » -
Europe
Scorpio goes all-in with scrubbers
Emanuele Lauro’s Scorpio Group has entered into letters of intent with suppliers, engineering firms, and ship repair facilities to cover…
Read More » -
Offshore
OSV sales volumes at all time highs
Sales volumes for OSVs are at all time highs, but this has yet to translate into a meaningful – and…
Read More » -
Dry Cargo
Why you’d have to be mad to order a new bulker today
Average index rates for smaller bulkers enjoyed their highest rates in the third quarter since 2011, according to the head…
Read More » -
Greater China
OOCL warns shippers must shoulder sulphur cap burden
Hong Kong’s Orient Overseas Container Line (OOCL), now part of Cosco, has outlined its sulphur cap plans, which will see…
Read More » -
Dry Cargo
Cape market in the Pacific on fire: Radziwill
The Pacific market for capesizes is “on fire”, according to John Michael Radziwill. Speaking at last week’s Maritime CEO Forum…
Read More » -
Dry Cargo
Supramax sales soar
It’s boiling hot in the supramax segment in the second week of October and a handful of prominent Greek owners…
Read More » -
Contributions
Are EEDI shortcomings shipping’s smoking gun?
With the Marine Environment Protection Committee (MEPC) about to sit down for crunch talks at the International Maritime Organization the…
Read More » -
Europe
Golden-Agri Stena forms chemical tanker joint venture with Bay Crest
Golden-Agri Stena, the joint venture between Stena Bulk and Golden Agri-Resources, has started a new joint venture with Bay Crest…
Read More » -
Greater China
Yangzijiang Shipbuilding establishes another jv with Mitsui
Chinese major private shipyard Yangzijiang Shipbuilding has entered into a joint venture agreement with Japan’s Mitsui E&S Shipbuilding to establish…
Read More »