MOL post losses for the first quarter
The Japanese line suffered from higher bunker costs and foreign exchange losses in the first quarter
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Forth Ports Welcomes New Work Boats
Forth Ports, the UK’s third largest port group, has officially welcomed two new multimillion pound vessels to join their fleet of tugs and pilot boats working on the River Forth.The GBP 6 million investment in the two vessels to work on Scotland’s…
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Annual Singapore Maritime Dialogue on Building a Future
A record 400 tertiary students attended annual Singapore Maritime Dialogue (SMD), organised by the Maritime and Port Authority of Singapore (MPA).This is the first time MPA has teamed up with students from the National University of Singapore…
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Diana Shipping Signs TC Contract for M/V Seattle with Koch
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Seattle.The global shipping company…
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Shell Hires Velesto Energy for Malaysia Drilling
Velesto Energy was awarded a RM 101 million (USD 25 million) contract from Sarawak Shell Bhd (SSB) and Sabah Shell Petroleum Company Ltd (SSPC) for the provision of jack up drilling rig services.Velesto Energy was formerly known as UMW Oil &…
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