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Report: Fincantieri Sole Bidder for STX France

Italian shipbuilding and ship designing company Fincantieri has emerged as the only bidder for Saint-Nazaire-based shipbuilder STX France, Reuters informed citing a source close to the matter. Earlier this week, a...

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GMS: Vale’s VLOC Demolition Sale Fails

Brazilian mining giant Vale’s recent sale of a very large ore carrier (VLOC) for demolition has reportedly failed, according to a report from GMS, a cash buyer of ships for recycling....

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GulfNav, SeaQuest Tie Up in Ship Management

Dubai-based shipping company Gulf Navigation Holding PJSC (GulfNav) has entered into an agreement with Switzerland-based SeaQuest Group to set up a partnership in ship management, advisory services and marine project management....

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MSI: Tanker Market Entering Calmer Waters

After a year of tumultuous political and policy upheaval, both oil and tanker markets are undergoing a process of rebalancing, according to Maritime Strategies International (MSI). The fourth quarter of 2016...

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G E Shipping Buys Suezmax Crude Carrier

Mumbai-based Great Eastern Shipping (G E Shipping) has signed a contract to buy a 150,000 dwt Suezmax crude carrier. The company said that the 2000-built vessel is expected to join...

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LNG Bunkering Plan Unveiled for Port of Yokohama

Amid the tightening of international regulations on emissions from shipping, the Port of Yokohama has taken another step in its LNG bunkering plan as it completed a feasibility study on the project, according to Japan’s...

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