Scorpio Bulkers continues to whittle down its enormous orderbook in the face of depressed rates, selling seven newbuild contracts for USD290 million. On 21 April the Emanuele Lauro-chaired company ...
Scorpio Bulkers sells seven newbuilds
Yingkou Port Liability plans takeover of piers
Shanghai-listed Yingkou Port Liability plans to take over two products and chemical piers and rent other terminal assets at Yingkou port from its parent Yingkou Port Group. The two products and ...
New LME warehouse in Kaohsiung port open for tender
A new public warehouse of London Metal Exchange (LME) in the Port of Kaohsiung's Free Trade Zone (FTZ), Taiwan, was put out to tender, and bids will be open in early May, stated Taiwan International ...
Air strikes stop, but more Yemeni ports fall to al-Qaeda
Saudi Arabia announced yesterday that it was suspending its air campaign in Yemen because it had "achieved its military goals", the government said. The 10-nation Saudi-led coalition began its ...
Migrant boat crews arrested
The captain of a migrant vessel that capsized late on Saturday night has been charged with mass homicide and causing a shipwreck for his part in the deaths of several hundred people who drowned in the ...
Singapore works to ease navigating straits
The Maritime and Port Authority of Singapore (MPA) has started developing a new-generation vessel traffic management system to enable smooth and efficient navigation in the Singapore Strait. This was ...
Compatriot company to acquire RSHI shipyard
A Chinese company listed on a stock exchange in China has been identified as a potential purchaser to acquire relevant assets and liabilities of Jiangsu Rongsheng Heavy Industries, a key shipyard ...
Sewol salvage planned for September
Work to hoist capsized ferry Sewol could begin in September, said South Korea's Ministry of Public Safety and Security on 22 April, after a meeting with relevant government agencies. The ministry was ...
AVIC to acquire Shanghai Catic Industrial for $33.3m
Singapore-listed shipbuilding and trading company AVIC International Maritime Holdings has entered into sale and purchase agreement to acquire logistics company Shanghai Catic Industrial for SGD45 ...
Sembcorp Marine secures $41.4m contract
Singaporean offshore services provider Sembcorp Marine has secured the floating storage and offloading (FSO) conversion contract worth SGD56 million (USD41.4 million) from Teekay for the Gina Krog ...
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