United Kingdom
-
Dry Cargo
Baltic Dry Index hits new record low
Today’s Baltic Dry Index (BDI) is 504 points, down 15 points on yesterday’s level and a new all-time low for…
Read More » -
Europe
New Lord Mayor of London vows to develop maritime growth
The newly elected Lord Mayor of the City of London, Lord Mountevans has set out his goals to develop maritime…
Read More » -
Europe
Royal IHC buys UK subsea firm Fraser Hydraulic Power
Royal IHC has acquired Fraser Hydraulic Power (FHP), an offshore, marine and subsea technology firm based in Newcastle, UK. The…
Read More » -
Europe
Rolls-Royce slashes offshore marine forecasts, prepares further cost cuts
An interim report from Rolls-Royce shows how dire the offshore marine sector is likely to be going forward. The company…
Read More » -
Asia
Navigator orders midsize LPG carrier at Hyundai Mipo
Navigator Holdings has announced today that it has entered into a contract with Korea’s Hyundai Mipo Shipyard for the construction…
Read More » -
Europe
GC Rieber Shipping settles with Ceona administrator
Norway’s GC Rieber Shipping has come to an agreement with the administrators for subsea contractor Ceona, which ceased operations in…
Read More » -
Dry Cargo
Goldenport Holdings offloads bulker
London-listed Goldenport Holdings has sold a 2009-built bulk carrier to Marshall Islands-based Zenith Shipping for $9.345m. The vessel, , was…
Read More » -
Europe
Latsco orders product pair
UK tanker company Latsco has gone to South Korea’s Hyundai Mipo Dockyard to order a pair of product carriers. The…
Read More » -
Containers
DP World buys Southampton container terminal from ABP
DP World has acquired Associated British Ports’ (ABP) 49% stake in Southampton container terminal in the UK for an undisclosed…
Read More » -
Middle East
UK shipbroker victim of Dubai fraud
UK-headquartered shipbroker Century Marine Services has been the victim of a fraud by a Dubai-based firm calling itself Matin Marine…
Read More » -
Containers
Lomar back at Wenchong for more boxships
Guangzhou Wenchong Shipyard, part of state-run shipbuilding group CSSC, has won an order to build a pair of 2,700 teu…
Read More » -
Europe
Archer awarded Talisman Sinopec contract
Oslo-listed oilfield service provider Archer has been awarded a new contract for the provision of platform drilling services for Talisman…
Read More » -
Europe
Subsea 7 wins Pharonic Petroleum contract in Egypt
UK-based Subsea 7 has been awarded a contract via a tender process from Pharaonic Petroleum Company in Egypt for the…
Read More » -
Europe
London Metal Exchange makes informal bid for Baltic Exchange
The London Metal Exchange (LME) has informally approached the Baltic Exchange with a view to acquiring the privately owned business,…
Read More » -
Europe
New CEO for Wood Group
UK-based energy services company Wood Group has appointed Robin Watson as chief executive officer effective January 1 2016 succeeding Bob…
Read More » -
Dry Cargo
Zodiac still hungry for capes
Broking sources tell Splash that Zodiac Maritime’s flavour of the month is Japanese. This time Zodiac is said to be…
Read More » -
Europe
Spinnaker Global: ‘More planning around recruitment’
Leigh-On-Sea: Recruitment in maritime has changed dramatically during the downturn, with a far greater proactive focus than in the past,…
Read More » -
Europe
Frontline to delist from the London Stock Exchange
Frontline is delisting from the London Stock Exchange, cancelling all of its ordinary shares of $1.00 each with effect from…
Read More » -
Europe
Ceona goes into administration in the UK
SURF and heavy subsea construction contractor Ceona and Ceona Services (UK) Ltd have gone into administration in the UK, having…
Read More » -
Contributions
After the Lord Mayor’s show
Shipping calendars these days are so frenzied that as soon as one event ends, a raft of others hove into…
Read More »