January 16th, 2020 Sam Chambers Containers, Europe, Regulatory 0 comments European competition laws are holding the continent’s top conglomerates back from becoming global champions, unable to compete with American and Chinese rivals, the head of Maersk, Soren Skou, has said in an interview with local Danish newspaper, Finans. “Is it really a good idea that […]
January 16th, 2020 Jason Jiang Dry Cargo, Greater China 0 comments Shanxi-based coal trader Nanye Group is one step closer to taking over domestic dry bulk operator CSC Phoenix, having become the debtee of the company’s controlling shareholder Tianjin Shunhang Shipping. CSC Phoenix has announced that Nanye Group has secured Tianjin Shunhang’s 25m CSC Phoenix […]
January 15th, 2020 Sam Chambers Asia, Europe, Shipyards 0 comments Gentium Solutions from Australia and Damen Shipyards Group have signed a memorandum of understanding (MoU) with the Ministry of Industry of Bangladesh in Dhaka to develop shipbuilding and ship repair capabilities in the south Asian country. The companies will now set about developing a yard […]
January 15th, 2020 Jason Jiang Europe, Tankers 0 comments Evangelos Pistiolis, via Central Mare, has placed an order with Hyundai Heavy Industries for the construction of two 158,000 dwt suezmax tankers. According to Allied Shipbroking, the two scrubber-fitted tankers are scheduled for delivery in 2021. The contract value was not disclosed. Central Mare currently owns […]
January 15th, 2020 Sam Chambers Containers, Environment, Europe, Tech 0 comments Scandinavian online container booking platform Adnavem has a new feature on its site whereby shippers can now identify the greenest route for their cargoes. By using different data sources and unique algorithms, Adnavem offers functionality that identifies the greenest routes, with the least environmental […]
January 14th, 2020 Hans Thaulow Tankers 0 comments The VLCC market remains boiling hot, with four ships sold this year, while more sales are expected to be closed this week. Cash rich owners are ready to take advantage of solid, six-figure VLCC rates, which have been in play on and off since September. Splash has […]
January 14th, 2020 Jason Jiang Greater China, Ports and Logistics 0 comments China Merchants Group’s Liaoning Port Group has taken over bankrupt Dandong Port as a local court forced the approval of a restructuring plan proposed by the government-led administrators. Dandong Port entered into court-led restructuring process in April last year due to a major […]
January 14th, 2020 Jason Jiang Gas, Greater China, Offshore 0 comments Zhejiang Wuxing Logistics and Shanghai Zhixian Transportation Shipping have formed a partnership for the investment of up to eight multi-purpose heavylift ships. The LNG dual-fuel open deck heavylift carrier has a carrying capacity of 26,000 dwt and is capable of carrying 500 LNG tanker […]
January 13th, 2020 Sam Chambers Operations 0 comments Former Wellard CEO Mauro Balzarini will launch a new venture focused on developing a new generation of livestock carriers. Balzarini stepped down as CEO of Australia’s Wellard in June, ending 40 years of involvement with the company by his family. Now, having relocated to Queenstown in New […]
January 13th, 2020 Sam Chambers Asia, Operations, Tech 0 comments A Chinese-led, Singapore-based maritime ecommerce platform has launched a free chartering feature. Marine Online, which already acts as a ship supply platform as well as offering bunkering, and ships for sale, has launched a chartering side of the business, which it says is like a […]
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