January 27th, 2021
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Headlines

Wan-Hai

Wan Hai places order for 12 boxships at JMU

Hyundai Heavy Industries plans 2021 IPO
Lenders take control of Polarcus assets after default
U.S. Tries to Seize Oil Shipment It Says Came From Iran
Hyundai-Heavy-Industries
Hyundai Heavy Industries plans 2021 IPO

Hyundai Heavy Industries Group has decided to push for an initial public offering of its unlisted affiliate Hyundai Heavy Industries Co. within 2021.

Polarcus
Lenders take control of Polarcus assets after default

Lenders took control of Polarcus’s ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds, hit by a drop in spending by energy companies struggling with the COVID-19 pandemic and volatile oil prices.

Diamond-drillship
Diamond Offshore Announces Comprehensive Restructuring Plan

Diamond Offshore Drilling, Inc. announced that it has entered into a plan support agreement with holders of over 70% of each of its senior unsecured notes and revolving credit facility loans regarding a financial restructuring transaction that will significantly deleverage the Company's balance sheet and position the Company for future growth.

anh1 Interviews
anh3 Market Reports

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In Depth

PHOTO_Pierfrancesco Vago_CLIA_220121

October 8, 2014

Pierfrancesco Vago of MSC Cruises Named Global Chairman

Pierfrancesco Vago, Executive Chairman of MSC Cruises, has been appointed to a two-year term as…

Top Stories

MT_achileas

October 8, 2014

U.S. Tries to Seize Oil Shipment It Says

The U.S. is trying to seize around 2 million barrels of what it thinks is…

containers

October 8, 2014

Frozen Fish Pileup in China Ripples Across Global

A huge pile up of fish cargoes at a Chinese port risks impacting shipments of…

tsantanis

October 8, 2014

Seanergy Joins Neptune Declaration

Seanergy Maritime Holdings Corp. announced that it has joined the “Neptune Declaration on Seafarer Wellbeing…

kawasaki_heavy_industries

October 8, 2014

Kawasaki Heavy aims to replicate LNG supply chain

Japan’s Kawasaki Heavy Industries is aiming to replicate its success as a major liquefied natural…

ships

October 8, 2014

Baltic Index Slides On Seasonal Drop In Chinese

The Baltic Exchange’s main sea freight index on Tuesday dropped for a third straight session…

Bimco_tanker

October 8, 2014

After the party, the hangover is proving drawn

Tanker shipping was in many ways the odd one out of the shipping sectors in…

Editor’s Picks

Diana Shipping

January 22, 2021

0 Comment

Diana Shipping Announces Time Charter Contract for m/v Calipso

Diana Shipping, a global shipping company specializing in the ownership…

Angeliki Frangou

January 21, 2021

Navios Logistics Announces Submission of Confidential Draft Registration Statement

Navios Logistics announced it has confidentially submitted a draft Registration…

Avin

January 19, 2021

Avin International orders ammonia-ready suezmax

Avin International LTD has ordered a Suezmax tanker from the…

Globus

January 14, 2021

Globus Maritime seals new supramax charter

Globus Maritime Limited, a dry bulk shipping company, announced that…

Dry Cargo

Nantong Xiangyu

Nantong Xiangyu Shipbuilding clinches orders for up to 6 bulk carriers

Diana Shipping Announces Time Charter Contract for m/v Calipso
BIMCO: 1,427 Capesize journeys in the first 20 days of the year

Tankers

MT_achileas

U.S. Tries to Seize Oil Shipment It Says Came From Iran

After the party, the hangover is proving drawn out for tanker shipping
Indonesia seizes Iran, Panama-flagged tankers over alleged illegal oil transfer

Containers

ZIM

ZIM Announces Launch Of Initial Public Offering

CMA CGM increasing capacities, strengthening customer offer
Global container volumes down 1.7% in first 11 months of 2020

Gas

kawasaki_heavy_industries

Kawasaki Heavy aims to replicate LNG supply chain with hydrogen

Cosco invests in three LNG carriers for Arctic LNG 2
Sovcomflot, Total sign long-term LNG carrier deal

Offshore

Diamond-drillship

Diamond Offshore Announces Comprehensive Restructuring Plan

Subsea 7 awarded contract offshore Angola
Norway Set to Award Arctic Drilling Permits in Q2

Shipbuilding

Wan-Hai

Wan Hai places order for 12 boxships at JMU

Hyundai Mipo wins order for petrochemical carrier pair
KSOE Extends Deadline for DSME Acquisition to June This Year

Top Videos

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Finance & Economy

Hyundai-Heavy-Industries

October 8, 2014

Hyundai Heavy Industries plans 2021 IPO

Hyundai Heavy Industries Group has decided to push for an initial public offering of its…

Polarcus

October 8, 2014

Lenders take control of Polarcus assets after default

Lenders took control of Polarcus’s ships on Tuesday after the seismic surveyor defaulted on its…

Diamond-drillship

October 8, 2014

Diamond Offshore Announces Comprehensive Restructuring Plan

Diamond Offshore Drilling, Inc. announced that it has entered into a plan support agreement with…

Castor Maritime

October 8, 2014

Castor Maritime Announces $15.3 Million Debt Financing

Castor Maritime Inc., a global shipping company specializing in the ownership of dry bulk vessels,…

global-ship-lease

October 8, 2014

Global Ship Lease: Closing of Full Redemption of

Global Ship Lease announced that it has closed on its previously announced full redemption of…

Shipping News

MT_achileas

October 8, 2014

U.S. Tries to Seize Oil Shipment It Says

The U.S. is trying to seize around 2 million barrels of what it thinks is…

containers

October 8, 2014

Frozen Fish Pileup in China Ripples Across Global

A huge pile up of fish cargoes at a Chinese port risks impacting shipments of…

tsantanis

October 8, 2014

Seanergy Joins Neptune Declaration

Seanergy Maritime Holdings Corp. announced that it has joined the “Neptune Declaration on Seafarer Wellbeing…

ships

October 8, 2014

Baltic Index Slides On Seasonal Drop In Chinese

The Baltic Exchange’s main sea freight index on Tuesday dropped for a third straight session…

Azamara

October 8, 2014

Azamara acquires the Pacific Princess

The Pacific Princess ship will join Azamara’s fleet as the line’s fourth ship, and the…

Ports

Antwerp Port

October 8, 2014

Port of Antwerp: Record container throughput limits losses

The total throughput of Port of Antwerp in 2020 amounted to 231 million metric tonnes…

Cork

October 8, 2014

Large Fire at Port of Cork Brought Under

Firefighters have brought a large fire at the southern Irish port of Cork under control…

APM-Terminals

October 8, 2014

APM Terminals sets all-time volume records in Denmark

Despite headwinds from the COVID-19 pandemic and disruptions to global supply chains, APM Terminals secured…

Rotterdam_Port

October 8, 2014

Rotterdam: Arrangements for moderate increase in port tariffs

The three-year arrangement on port tariff increases that exists between the Port of Rotterdam Authority…

Iraq

October 8, 2014

Iraq signs $2.6 billion deal with Daewoo to

Iraq agreed to a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on…

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