New Zealand fines Compagnie du Ponant over grounding
Captain failed to inform local authorities of incident, with details only emerging after PSC inspection.
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Ship Finance offloads oldest VLCC in fleet
John Fredriksen-backed leasing company now down to just four large tankers following disposal.
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SSA Marine, XL Lifts Launch Forklift Initiative
XL Lifts, specializing in zero and low emissions forklifts and a Wiggins Lift dealer, announced it is working with SSA Marine to launch a 36,000 lb. capacity zero-emissions electric forklift suitable for marine terminal and rail yard operations.SSA Pac…
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South Korea’s SK Group to Sell SK Shipping
South Korea’s large family-owned business conglomerate SK Group is planning to get out of shipping by offloading shipping subsidiary SK Shipping Co., on account of the debt burden amid an industry slowdown.According to a report in the Pulse…
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Trafigura Concludes TNG’s Dalmacija Charter
Commodity trading company Trafigura has terminated a time charter contract for chemical/product tanker Dalmacija with Croatian shipping company Tankerska Next Generation (TNG). “After nearly three years from delivery, TNG and Trafigura have…
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