Noble eyes ETA’s frozen funds
Hong Kong trader attempts to unthaw cash tied to Heidmar case after Emirates Trading fails to settle arbitration award.
Shell picks up Frontline triplets
Time charter rates hold steady despite spot surge as tanker titan ties up series of two-year VLCC fixtures, brokers say.
Braemar boys bank smaller bonuses
Shrinking performance bonuses take a toll on the pay packets of Alan Marsh, James Kidwell and Quentin Soanes.
TransAtlantic anchor-handler goes long
Swedish offshore vessel about to break out of the spot game after penning Stena drillship support pact with Chevron Canada.
TDW tops forecasts in fiscal fourth
Dean Taylor prepares to leave on a high note as New York-listed offshore giant sees earnings more than double.
Evergreen lines up another new loop
Taiwanese containership giant prepares to pair of 2,000 TEU vessels to work on Persian Gulf rotation.
SinOceanic inks newbuild finance deal
Jan Haakon Pettersen-led boxship owner wraps up expensive short-term package to finance costly newbuilding.
Excel Maritime fixes bulker duo
Greek owner finds another year's work for two ships, with Iron Vassilis taking $3,000 per day pay cut.
PL Ferrari links up with Frank Crystal
Leading US insurance broker launches marine operation in partnership with top P&I specialist.
Kyoei Tanker signs for VLCC
Japan's Universal seals order for 318,000-dwt tanker as domestic yards' VLCC comeback continues.
Concern over Vietnamese ships
Country's register says at least 20 vessels detained this year over safety issues.
ONGC comes under owners' fire
SCI and Greatship have a pop at charterer for booking elderly offshore vessels at rock-bottom rates.
Boxship shortcut proves fatal
Crewman killed in fall from German vessel in UK after disembarking using pilot gate.
Vale to build VLOC transfer hub
Brazilian mining giant may chose Korea for a second trans-shipment hub for its giant ore carriers.
Consumer defaults spook dry-bulk
Chinese buyers move to delay or cut coal and iron ore contracts delivering more bad news for bulker rates.
Hoegh LNG lands FPSO gig
Sveinung Stohle-led company wins engineering study for floating liquefaction unit.
Marenave making more money
Tobias Konig-led tanker and bulker owner posts best quarterly profit since 2008 crash as revenue jumps.
One killed in sinking off Greece
Three more men missing after Turkish cargoship Erol Senkaya capsizes in calm weather off Zakynthos.
Boudicca hit by another outbreak
Nurses greet Fred Olsen cruiseship as it docks in Scotland with 170 sick passengers.
Chartering
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Tankers
Persian Gulf to Asia rates stable, while West Africa falls quiet.
VLCC:
Suezmax:
Aframax:
Dry Cargo
Falls in rates for larger vessels are again countered by improvements in the supramax sector.
Capesizes:
Panamaxes:
Supramaxes:
Containers
Hamburg Shipbrokers' Association's new ConTex containership chartering index up three at 408.
4,250 teu:
2,700 teu:
1,100 teu:
Offshore
Only three fixtures have been made since Friday but Statoil takes a pair of anchor handlers, brokers say.
AHTS:
Large PSV:
Small PSV:
Mauritius taking on the pirates
Indian Ocean island agrees deal with Somalia to prosecute hijackers from next month.
Crewman missing after ship leap
Search called off after Lebanese second mate jumps from livestock carrier at port of Galveston, US.
Atlantic seals rescue deals
Norwegian owner has secured a series of deals for ERRVs in the North Sea: talks of ordering more tonnage.
ID bulker in close call
Hong Kong-flagged bulker said to have come within metres of Great Barrier Reef after losing power.
Costa salvage 'unprecedented'
Work to remove wreck of luxury cruise ship set to start within days with bill likely to top $300m.
Mercator master found guilty
Jury in Alabama has convicted Prastana Taohim of obstructing justice in plastic pipe dumping case.
Green Reefers hits market iceberg
Struggling Norwegian owner to wind up operations as it feels the chill of chronically troubled reefer business.
Enrica Lexie two denied bail
Italian marines alleged to have shot and killed two Indian fishermen to remain in custody
Sinokor dumps its last OBO
South Korean shipowner said to have offloaded 29-year-old unit for demolition in Bangladesh, say brokers.
Fairstar ties-up finance
Heavylift specialist seals $247m fleet finance facility with Dutch banking syndicate led by ING Bank.
Shipbroking legend dies in Norway
Industry remembers top tanker chartering and S&P specialist Peter F Bassoe who built a broking powerhouse.
Berlian Laju targets renegade creditor
Emotions run high on the heels of Texas tanker seizure as reignited $55m charter battle escalates.
Sasebo halts Sanko newbuilding
Japanese yard stops construction of cash-strapped owner's VLGC due for delivery next December.
Sanko Steamship under siege
Tokyo shipping clan loses ground in fight to defend assets from arrest as John Fredriksen-backed owner joins claimant queue.
Kyoei Tanker on comeback trail
Japanese VLCC owner expects small gain to next March, turning around loss in previous year.
Essar Shipping back to black
Diversified Indian owner leaves red ink behind as long-term charters boost shipping revenue.
Greek owners ride to the rescue?
Union of Greek Shipowners urges wealthy members to dig deep in pockets to help compatriots suffering from cutbacks.
John Dragnis prepares to scrap
Boss of Greece’s Goldenport says attractive demolition prices mean more older ships could leave fleet.
Vinalines bosses arrested after losses
In echo of Vinashin case, state owner’s ex-chairman Duong Chi Dung and others held in Vietnam over alleged financial mismanagement
Fesco is $1bn takeover target
Ports group Summa linked to huge deal to buy Sergei Generalov’s containership and bulker company.
Norwegian Car Carriers back for more
Oslo-listed owner selling another chunk of shares in follow up placement.
Latest Articles
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- Tidewater tops forecasts
- Shell locks in Frontline trio
- Braemar cuts bonuses
- Excel fixes duo
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- Concern over Vietnamese ships
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- Hoegh LNG lands FPSO gig
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