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Bangas buy India’s International Maritime Institute

The Banga family, who own Hong Kong’s Caravel Group and Fleet Management, have bought India’s International Maritime Institute (IMI) for an undisclosed sum.‘Established in...

Hapag-Lloyd sends another seven vessels in for jumboisation treatment

German liner Hapag-Lloyd has earmarked another series of ships for jumboisation.Alphaliner is reporting seven vessels built around a decade ago have been heading to...

Houthis issue warning to Israeli ships

Yemen’s Houthi group said Tuesday that they are resuming a ban on the passage of all Israeli ships in the Red Sea, Arabian Sea...

Containership likely to sink after North Sea collision

The Solong containership involved in Monday’s collision in the UK North Sea is unlikely to remain afloat, British maritime minister Mike Kane has said.“Modelling...

Triton buys Global Container International

Container leasing giant Triton has agreed to acquire Global Container International (GCI) in a deal valued at more than $1bn, including outstanding debt.Boston-based GCI...

Carlos Pena takes over from John Michael Radziwill as CEO of C Transport Maritime

John Michael Radziwill (pictured right) is shuffling the board at Monaco’s C Transport Maritime, remaining as chairman with key lieutenant Carlos Pena (pictured left)...

Himalaya Shipping switches newcastlemax duo to fixed deals

Oslo-listed Himalaya Shipping has converted contracts for two of its ships from index-linked charters to fixed-rate charters.The company will switch the deals for the...

Fires continue to burn in North Sea following yesterday’s ship collision

The search for a missing crewmember from the containership Solong that struck the tanker Stena Immaculate in the UK North Sea has been called...

Shipping on alert as Houthi deadline passes with no Gaza aid resumption

Shipping is watching movements in the Red Sea closely today to see if Yemen’s Houthis renew attacks on commercial vessels passing through the Middle...

Pertamina hires Chinese jackup rig for four years

Indonesia’s Pertamina has awarded a four-year contract to a jackup rig owned by Chinese driller CNPC Petroleum Offshore Engineering (CPOE).The contract for the CPOE...
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