Boskalis Completes Acquisition of STRABAG Wasserbau
Royal Boskalis Westminster N.V. (Boskalis) has concluded the acquisition of the dredging activities and assets of STRABAG Wasserbau GmbH. The transaction price of…
Japanese War Subs Dock in the Philippines
Two Japanese destroyers and a submarine have arrived to the major Philippine port of Subic, , the first in 15 years, to uphold “peace and stability” in the region, the Philippine Navy have said.
LNG Names New MD
Australia's Liquefied Natural Gas Limited (LNGL) has appointed Chevron executive Greg Vesey to replace company founder Maurice Brand as managing director and chief executive.
Primorsk Shelves Restructuring Plans
Russian tanker player Primorsk International Shipping has dropped its restructuring plans in favour of pushing through asset sales, reports WSJ. This is what Primorsk's…
Bahri Secures Finance for 5 VLCC Newbuilds
The National Shipping Company of Saudi Arabia (Bahri) has inked a Murabaha Facility Agreement with Riyad Bank over the weekend to fund an order for five very large…
Scorpio Cancels Kamsarmax Newbuilding Contract
Scorpio Bulkers has continued to cull its fleet expansion with the cancellation of a newbuilding contract for a kamsarmax bulk carrier. US-listed bulker owner set…
Vietnam Seizes Chinese Fuel Ship
Vietnam's coast guard has seized a Chinese vessel for intruding into its territorial waters, say local media. The ship, carrying more than 100,000 litres of fuel…
Israel Extends Maritime Space for Gaza Fishermen
Israel has extended the distance it permits Gaza fishermen to head out to sea along certain parts of the coastline of the enclave, which is run by the Islamist terror group Hamas, reports Reuters.
