United Kingdom
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Europe
Giant CMA CGM boxship suffers grounding off Southampton
One of the world’s largest boxships is being inspected for any damages following a brief grounding incident in the UK…
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Asia
Baltic and SGX approve takeover agreement
The Baltic Exchange and the Singapore Exchange (SGX) have finalised the terms of the implementation agreement, with which SGX’s proposed takeover…
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Offshore
Total terminates Ensco drillship contract
Offshore Driller Ensco has received a notice of early termination from Total for drillship , effective from around early in…
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Maritime CEO
Armitt: Taking control of the whole bulk supply chain
The Armitt Group, a UK shipping agent and specialist logistics company, is evoving very fast. With origins in broking, it…
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Europe
Up to 52 tonnes of diesel spilled from grounded Transocean rig
The rig which ran aground Monday night on the Scottish isle of Lewis might have spilled as much as 52…
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Europe
RBS reportedly puts Turkish shipping loans in the shop window
Royal Bank of Scotland has put its portfolio of Turkish shipping loans up for sale, Reuters is reporting. The bank…
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Americas
Britain’s PM asks Argentina to remove restrictions on drilling offshore the Falkland Islands
Britain’s recently appointed Prime Minister Theresa May has asked Argentina’s President Mauricio Macri if the South American country might end…
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Europe
James Fisher buys British diving firm
British marine engineering firm James Fisher’s acquisition spree continues with news it has bought Hughes Marine Engineering, the holding company…
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Europe
Wood Group braces for more North Sea rig strikes
Two UK trade unions have announced the dates for further strike actions taken against Wood Group on rigs in the…
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Asia
SGX and the Baltic: a passing of the baton
Living in China for much of this century I always recall how much the locals liked Singaporean delegations coming to…
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Europe
Transocean rig runs aground off Scottish island
The drilling rig ran aground off the island of Lewis in Scotland yesterday after its tow line with a tug…
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Asia
‘Rather expensive’: DBS Bank’s take on SGX’s offer for the Baltic
Is the Singapore Exchange paying over the odds to buy out the 272-year-old Baltic Exchange? The $103.5m offer made last…
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Europe
RBS hit by $347m shipping impairment
Royal Bank of Scotland’s (RBS) shipping exposure is contributing to poor results for the institution that is controlled by UK…
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Europe
Navig8 Product Tankers secures sale and leaseback deal for trio
Navig8 Product Tankers has entered into sale and leaseback agreements with China’s Bank of Communications Finance Leasing for three of…
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Dry Cargo
Singapore Exchange makes $103m offer for Baltic Exchange
The Singapore Exchange (SGX) is going ahead with the solicitation of support from shareholders in the Baltic Exchange, for which it…
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Asia
SGX reportedly readies $100m Baltic Exchange offer
A formal offer to take over the Baltic Exchange is expected to be made shortly by the Singapore Exchange, Reuters…
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Europe
Maritime UK joins government initiative to boost exports
Industry group Maritime UK has partnered with the UK government’s Exporting is GREAT initiative in an effort to increase UK exports and help…
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Asia
Petrofac not implicated in Unaoil corruption scandal, investigators confirm
An independent investigation has confirmed that no bribes were ever paid by Petrofac to Unaoil, the Monaco-based oil trader raided…
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Asia
James Fisher buys Singaporean diving specialist
British marine engineering outfit James Fisher has bought Singaporean firms Lexmar Engineering and Lexmar Sat Systems. The initial consideration is…
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Europe
Bibby Offshore wins North Sea inspection and construction contract
Bibby Offshore has won a contract from an unnamed independent UK-based exploration and production (E&P) company to provide air diving…
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