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Finance & Economy
October 4, 2015
Seaspan to Increase its Pool of Unencumbered Assets
Seaspan announced that it has prepaid a credit facility which was secured by eight of…
October 4, 2015
Aegean Expects Quick Emerge from Chapter 11
Aegean Marine Petroleum Network announced that the U.S. Bankruptcy Court for the Southern District of…
October 4, 2015
Sembcorp Marine increases shareholding in Semb-Eco; divests stake
Sembcorp Marine announced that its subsidiaries Sembcorp Marine Repairs and Upgrades Pte. Ltd. (“SMRU”) and Semb-Eco…
October 4, 2015
Scorpio Tankers Announces Reverse Stock Split
Scorpio Tankers announced that its board of directors has determined to effect a one-for-ten reverse…
October 4, 2015
May’s Brexit Deal Suffers Stinging Defeat in Parliament
British lawmakers defeated Prime Minister Theresa May’s Brexit divorce deal by a crushing margin on…
Shipping News
October 4, 2015
ONE Achieves Container Loading Records in two Consecutive
In late December 2018, two vessels operated by Ocean Network Express (ONE), namely “MOL TRUST”…
October 4, 2015
Ocean Alliance to Deploy 330 Ships in New
The Ocean Alliance partners presented their new service offering, which would see the carriers utilize…
October 4, 2015
Piracy increases in 2018 - IMB report
Piracy increased on the world’s seas in 2018, with a marked rise in attacks against…
October 4, 2015
European refiners boost low sulfur fuel oil production
European refiners are increasing low sulfur fuel oil production in preparation for the January 2020…
October 4, 2015
FSL Trust Suing TORM
FSL-25 and FSL-26, wholly-owned subsidiaries of the First Ship Lease Trust and respective owners of…
Ports
October 4, 2015
DP World signs acquisition agreement for Chile port
Major port operator DP World said on Sunday it had agreed to acquire a 71.3…
October 4, 2015
Port of Virginia Receives Four Giant STS Cranes
The US Port of Virginia has welcomed four new ship-to-shore (STS) cranes, marking the latest…
October 4, 2015
Piraeus second largest port in the Mediterranean
Piraeus is now in second place among the Mediterranean’s highest-ranking commercial ports, just behind leader…
October 4, 2015
British Ports Association: 2019 will be about more
The BPA is looking at challenges and opportunities facing UK ports beyond Brexit this year,…
October 4, 2015
Dredging Starts at UK Port That May Be
Work began on Thursday to extend a small British port that could serve as a…