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Latest News
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Greater Offshore

Bharati Shipyard strengthens hold on offshore shipowner by striking share deal with rival ABG.

09:07 GMT, 15 Mar 2010
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Sevan pens rig

Cosco Corp (Singapore) wins $500m deal for semi-submersible drilling unit from Norwegian owner.

09:05 GMT, 15 Mar 2010
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Down on debut

Evangelos Marinakis-backed Crude Carriers sees share price slip following New York IPO.

08:59 GMT, 15 Mar 2010
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WW cut up

Norwegian giant to spin-off shipping and logistics wings in potential $400m Oslo float.

08:39 GMT, 15 Mar 2010
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Suez snag

Egyptian canal traffic sinks to lowest in 20 years as strong winds disrupt transits.

08:28 GMT, 15 Mar 2010
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Michelet quits

Imarex founder and CEO Herman Michelet walks following "different views" on management of Norwegian derivatives player.

08:24 GMT, 15 Mar 2010
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Double vision

Vomiting illness hits Royal Caribbean cruiseship in Brazil for second time in two weeks.

08:20 GMT, 15 Mar 2010
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Berlian up sizes

Indonesian shipowner says it has increased the size of its recent convertible bond issue by 25%.

07:19 GMT, 15 Mar 2010
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Big John scraps

Norwegian shipowner John Fredriksen is said to have sent a VLCC and a suezmax tanker for demo.

06:35 GMT, 15 Mar 2010
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Mermaid offloads

Thoresen Thai’s offshore arm is clearing out older tonnage as it prepares to welcome newbuildings.

05:22 GMT, 15 Mar 2010
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Hedland lower

The world’s largest bulk exporting port has seen shipments of iron ore slip 13.5% in February.

03:47 GMT, 15 Mar 2010
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Titan Mercury sold

Titan Petrochemicals has offloaded another of its single-hulled VLCCs to a Thai shipowner.

02:08 GMT, 15 Mar 2010
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