Latest shipping news – Page 113
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NewsBuyers found for HSH Nordbank
The Wall Street Journal (WSJ) has reported that US private equity firms J.C. Flowers & Co and Cerberus Capital Management have agreed to buy German lender HSH Nordbank for up to EUR1 billion (USD1.2 billion).
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NewsBIMCO relaunches Shipping KPI
The Baltic and International Maritime Council (BIMCO) has relaunched the ship benchmarking system, Shipping KPI, after two years of redesign.
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NewsALP wins Kaombo contract
Interoil and Saipem have contracted ALP Maritime Services to provide tow assistance and heading control services for the Kaombo field development project, located in Block 32, offshore Angola.
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NewsPositive outlook for multipurpose and project cargo shipping
Susan Oatway, lead analyst for multipurpose shipping at Drewry, said 2018 is shaping up to be a positive year for the multipurpose and project cargo shipping market.
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NewsSymphony Space launched
Leer, Germany-based shipbuilder Ferus Smit has launched the Ecobox DP2 vessel Symphony Space, the last in a series of six that will be delivered to the Netherlands-headquartered Symphony Shipping.
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NewsGlobal growth boosts shipping, says BIMCO
Economic growth around the world is supporting the shipping industry, says the Baltic and International Maritime Council (BIMCO) in its latest macroeconomic assessment.
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NewsEC fines cartel
The European Commission (EC) has fined four shipping lines a total of EUR395 million (USD486.95 million) for colluding in the maritime transport of cars.
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NewsOOCL launches WM service
OOCL has extended its Mediterranean service network to the Middle East and Indian Subcontinent, with the introduction of its Middle East/Pakistan/India - West Mediterranean service (WM3).
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NewsDamen duo delivered for Iskes
Iskes Towage & Salvage has taken delivery of two Damen Azimuth stern drive (ASD) Tugs 2810.
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NewsVerdict in sight in Stolberg trial
Reports in the German mainstream media suggest that a conclusion to the long-running trial of ex-Beluga Shipping chief Niels Stolberg is in sight.
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NewsCosco overtakes BBC in multipurpose top spot
Cosco Shipping Specialized Carriers has taken over, not for the first time, from BBC Chartering as the world's largest multipurpose operator by deadweight, according to Dynamar's latest report.
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NewsScotline adds to fleet
Scotline has signed a contract with Royal Bodewes Group in the Netherlands to build a multipurpose coaster vessel, 4785 DWAT Bodewes Trader, with the option for a second sister vessel.
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NewsC-Job advances Flettner concept for Switijnk
C-Job Naval Architects has delivered a concept design to Switijnk Shipping for a wind-assisted general cargo vessel, known as a Flettner Freighter, that is expected to achieve fuel savings of approximately 13 percent.
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NewsRollDock and SAL form dock vessel pool
Effective April 1, 2018, RollDock and SAL Heavy Lift will establish a shipping pool for dock vessels.
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NewsDestructive freight rate environment here to stay
The container shipping industry is expected to continue to struggle with overcapacity and an inability to deliver value to shareholders, warns consultancy McKinsey & Company in its latest report.
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NewsIMO agrees carriage ban of non-compliant fuels
The International Maritime Organization (IMO) has agreed to move forward with a ban on the carriage of fuel oil for use on board ships, when that fuel oil is not compliant with pending sulphur limits.
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NewsCoalition of carriers launch joint services
MSC Mediterranean Shipping Company, Ocean Network Express (ONE), Hyundai Merchant Marine (HMM) and Hapag-Lloyd have entered a vessel sharing agreement that will see the carriers launch joint services.
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NewsAPL launches JTX service
APL has enhanced its intra-Asia network with the launch of the Japan-Taiwan-Thailand Express (JTX) shortsea service.
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NewsPlatten named ICS secretary general
The International Chamber of Shipping (ICS) has appointed Guy Platten as secretary general.
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NewsRightShip names new boss
Maritime risk management and environmental assessment organisation, RightShip, has appointed Martin Crawford-Brunt as its new ceo.