Russia
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Europe
Pola Maritime back in buying mode with PCL handysize deal
Pola Maritime has made its first acquisition in over two years, snapping up 2016-built handysize bulker according to broking sources.…
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Europe
New book claims Russians bugged Clarkson’s boardroom
A new book published this month claims that Russians bugged the boardroom of the world’s largest shipbroker. The controversial claims…
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Offshore
Sovcomflot to redeliver survey vessel to Polarcus
Dubai-based offshore survey company Polarcus has announced that Russia’s Sovcomflot has exercised an option for the redelivery of survey vessel ,…
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Europe
Russian bulker to be auctioned in the UK
A Russian bulker arrested off the southwest of the UK before Christmas is set to be auctioned off next week.…
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Europe
Russian cargo ship slams into highway bridge in Busan
A Russian cargo ship sailed off course and slammed into a bridge in Busan, South Korea yesterday with the captain…
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Europe
Novatek readies for all-year use of the Northern Sea Route
Russian gas producer Novatek has outlined plans to get LNG exports moving through the Northern Sea Route (NSR) all-year round,…
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Europe
Kidnapped crew from MSC boxship released by pirates
Six crew members, including the captain, kidnapped earlier this month from 2,668 teu off Benin, have been released according to…
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Europe
Volumes shipped through Russia’s Northern Sea Route leap 25%
Latest statistics from Russia’s Ministry of Transport show that volumes shipped through the Arctic Northern Sea Route leapt 25% last…
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Europe
20 feared dead from LPG blaze off Crimea
As many as 20 seafarers are now feared dead following the terrible blaze between two Tanzanian-flagged LPG carriers transferring cargoes…
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Europe
LPG blaze kills at least 10 off Crimea
Two Tanzanian flagged LPG carriers caught fire in a giant blaze on Monday in the Kerch Strait near Crimea with…
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Europe
Frank in no hurry to push ahead with Sovcomflot listing
One of the longest awaited IPOs in the history of shipping is facing further delays. Russian state-owned shipping line Sovcomflot…
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Europe
Rosatom granted control over Arctic sea shipping routes
The Russian president Vladimir Putin has officially signed off a federal law which has granted control over the Arctic north…
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Europe
Sovcomflot orders LNG-fuelled product tanker trio at Zvezda
Russian shipping major Sovcomflot has placed an order at Zvezda shipbuilding complex for the construction of three LNG-fuelled MR product…
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Asia
Russian shipping firm faces bankruptcy over alleged dealings with North Korea
Vladivostok-based Gudzon Shipping is on the verge of bankruptcy after six of its ships were blacklisted by the US for…
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Europe
Pola Rise orders four MPPs on home soil
Russian owner Pola Rise, whose fleet is polarised between river- and ocean-going ships, has returned to a familiar yard, Krasnoye…
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Europe
Fire rips through cursed giant Russian icebreaker newbuild
The much-delayed delivery of the world’s largest diesel-powered icebreaker faces further problems after a massive fire broke out, destroying much…
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Europe
Sovcomflot secures $149m credit facility for LNG carrier newbuild
Russia’s largest state run shipping firm Sovcomflot has signed a 10-year $149m credit facility with a consortium formed by ING…
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Europe
Murmansk Shipping wins significant Arctic coal contract
Murmansk Shipping Company, reportedly in financial trouble, has won an important lifeline. Sibanthracite Overseas, affiliated with Russia’s biggest coal holding…
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Europe
Volumes shipped along Russia’s Northern Sea Route more than quintuple in five years
The volume of cargo shipped along Russia’s Northern Sea Route this year is set to be up more than five-fold…
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Greater China
Cosco in talks to take 49% stake in Sovcomflot
China’s state run shipping conglomerate China Cosco Shipping Corporation is in talks to take a stake of up to 49%…
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