SCF plots seismic orders
Russian owner’s boss Sergey Frank says $200m deal for two firm survey vessels being lined up at USC.
Seanergy Maritime sheds African Zebra
Dale Ploughman in the driver’s seat as US-listed bulker owner parts ways with ageing handymax at a loss of $2.4m.
Maersk cuts back shipping spend
AP Moller reveals more modest spending plans for its tanker and boxship arms as it battles cash burn.
MOL testing tanker waters
Japanese giant invites inspections for 2007-built LR1 Delight Victoria in Singapore.
Teekay nears ‘transformative’ deal
Teekay Corp may be lining up the sale of more than ten tankers to New York-listed spinoff, analyst says.
CSIC earnings soar after disposal
Chinese shipyard group boosted by share sales as 2011 profit jumps 190%.
Knightsbridge not shopping right now
John Fredriksen-backed owner is staying out of the sale and purchase game while prices continue to fall.
Norway's WWS back for more at Damen
World Wide Supply goes back to Dutch shipbuilder for another pair of PSVs after less than two months.
Vigor to buy Alaskan shipyard
US shipbuilder follows up Todd takeover with deal for ASD in Ketchikan.
Drydocks World eyes yard sale
Banks say Dubai group plotting disposal of south-east Asian shipyards to reduce debt burden.
Volstad Maritime back at Bergen again
Norwegian owner returns to its favourite shipyard with $140m newbuilding order.
Veteran handymax duo living on
Two mid-1980s bulkers offloaded for further trading at less than $5m each.
Chinese ship deliveries increase
Shipyards handed over 8.5% more vessels in 2011 despite slowdown; ship imports also grew.
Demolition set for record year
It may be early days, but figures from Clarksons point to a possible bumper year for scrapping.
Austal seals ferry order
Australian fast ferry specialist secures newbuilding deal from repeat customer SNC Aremiti Ferry.
Samudera Indonesia builds war chest
Jakarta owner lines up $90m to expand fleet as it predicts cargo growth this year.
Mitsubishi in operating loss
Shipbuilding arm of Japanese giant slips into the red in third quarter despite more orders and higher net sales.
Can VLOCs survive China lockout?
HSBC says giant bulkers at increased risk of being axed following Beijing’s black-listing.
Finance boost for Korean yards
Country's Export-Import Bank has $13bn available for owners to kickstart shipbuilding market in 2012 - and avoid delivery delays.
Star Reefers tied to scrap deal
Brokers link Oslo-listed shipowner to $6m transaction involving Napier and Nelson Star.
Total scrap record to topple
Braemar tips 2012 demolition derby to outrun the historic high set in 1985.
Hoegh takes Hyundai option
Norwegian LNG player increases FSRU order tally at world’s largest shipbuilder as extra funds come through.
Daewoo suffers in fourth quarter
Korean shipbuilder's annual profit stable, but earnings plunged 62% in final three months.
Korean funds go on buying spree
Marine ministry authorises three investor groups to purchase eight boxships and bulkers for charter to HMM, SK and Sinokor.
CMB shrinks Clarksons stake
Marc Saverys-led shipowner has now picked up nearly £15m from the sale of Clarksons shares in 2012.
Income hits its lowest level in over 20 years
Clarksons index shows aggregate earnings from tankers, bulkers, containerships and gas carriers are the worst since 1990.
Kawasaki Heavy profit lighter
Nine-month earnings drop 16% at Japanese group’s shipbuilding division as steel price rises.
Nisshin Shipping sells bulker duo
Japanese owner offloads two panamaxes for $10m less than it would have pocketed in 2011.
Sanko sells supramax Galaxy
Bulker prices still falling as Greeks pick up 2005-built vessel for a little above $21m.
New shipyard for Bangladesh
Narayanganj Engineering and Shipbuilding spending $12m on facility opening next year.
Hyundai Heavy hammered in Q4
World’s largest shipbuilder sees its bottom line tumble by more than 90% as cheaper ships are built.
Universal shipyard profit falling
Japanese shipbuilder expects 39% drop in annual earnings as strong yen hits performance.
Shipping crisis can be fixed in five years
Shipping can turn the corner in the next half decade if owners use the only trick still open to them, broker says.
Hoegh LNG eyes expansion ammo
Oslo-quoted owner tests market appetite for gas stocks with $200m fundraiser aimed at growing FSRU arsenal.
Half of China's shipyards to fail
CSSC president Tan Zuojun warns 50% of country's shipbuilders will go bust by 2014 as technology lags competitors.
Samsung Heavy's net sags in fourth quarter
South Korean yard sees profit slip in final three months despite increased margins.
KOTC seals Korean VLCC deal
Kuwaiti owner signs for four 317,000-dwt tankers plus an aframax at shipbuilder Daewoo.
Top Jobs
Latest Positions
- $ 700,000