One Killed, Three Taken Hostage in Pirate Attack off Nigeria One crew member was killed and three taken hostage in a pirate attack on a Greek-owned tanker pending unloading off Nigeria late Tuesday, the Hellenic Coast Guard informed.…Read more Allseas: No Intention to Change Pieter Schelte’s Name Sw
The Indian government is planning to issue 33.9 million shares of state-run shipbuilder Cochin Shipyard Ltd (CSL). One third of the shares to be issued in the public offering are owned by the government. The net proceeds are expected to be used to finance construction of LNG carriers tendered by Ind
COSCO Shipyard Group said that it has secured two shipbuilding contracts through its subsidiaries worth approximately USD 160 million. COSCO’s Zhoushan Shipyard Co. has received a contract from an undisclosed European company to build a 152,000 DWT shuttle tanker. The shuttle tanker is scheduled for
An inspection by China’s central government anti-corruption team found that the state-backed shipbuilding giant China State Shipbuilding Corporation (CSSC) has been involved in corruption activities, according to the Central Commission for Discipline Inspection. The corruption activities have been u
Bank of China and China Shipping Group signed on Monday a global strategic cooperation agreement in Beijing worth USD 14.4 billion. The agreement provides for cooperation in the areas of credit facilitates, cash management, direct financing, financial advisory, investment banking, insurance, the Ban
Scorpio Bulkers has reached agreements with a shipyard in South Korea to modify existing newbuilding contracts for three Capesize vessels. The three contracts, two for vessels scheduled for delivery within the first quarter of 2016 and one for a vessel scheduled for delivery within the second quarte
Stena Bulk’s IMOIIMAX Stena Impression, the first of ten 50,000 DWT MR chemical tanker newbuilds, was named in Singapore on Wednesday. The Stena Impression is owned by a joint venture of which Stena Bulk and Indonesian Golden Agri Resources (GAR) each own 50 percent. The fleet of ten newbuilds, wort
The world’s first carrier vessel for compressed natural gas (CNG) is to be powered by an integrated Wärtsilä propulsion system, chosen for its energy efficiency and environmental sustainability, Wärtsilä said. The vessel is being built at the Jiangsu Hantong shipyard in China ordered by CIMC ENRIC a
Swiss-based Allseas Group SA, the owner of Pieter Schelte crane vessel, does not intend to change the vessel’s name despite calls from various maritime unions. The Panamanian flag of convenience vessel was named in honour of the Allseas Group’s owner’s father, who was a Nazi Waffen-SS officer, jaile
The International Transport Workers’ Federation (ITF) is demanding that the Swiss-based Allseas Group SA, the owner of Pieter Schelte crane vessel, immediately change the vessel’s name. The Pieter Schelte is a Panamanian flag of convenience vessel, contracted by Shell to service its Brent platforms
The steel cutting ceremony for Royal Caribbean’s fourth Oasis ship was held on Tuesday at the STX France shipyard in Saint-Nazaire, France, where the third Oasis-class ship is also being built. The fourth member of the Oasis family is scheduled to be delivered in 2018. The Oasis class was introduced
South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for a 174,000 cbm LNG carrier worth around USD 200 million, the company’s first LNG carrier order in 2015. DSME did not disclose the name of the client. The new LNG carrier will be equipped with the in-hou
Nautilus Minerals Inc and Marine Assets Corporation (MAC) have fallen victims to a cyber attack by an unknown third party, who took USD 10 million worth vessel deposit from what was believed to be MAC’s account, Nautilus said. The amount was intended to serve as part of a charterer’s guarantee worth
The U.S.-based Aker Philadelphia Shipyard, Inc., (APSI), the sole operating subsidiary of Oslo-listed Aker Philadelphia Shipyard ASA, has ratified a new four year collective bargaining agreement with the Philadelphia Metal Trades Council (PMTC). PMTC is the exclusive bargaining representative for pr
