India is looking to attract more private investment in the port sector

India is taking measures to reform its terminal bidding process as it seeks to attract more private investment to the sector.


Some shipping sectors would gain and others would falter in the wake of an OPEC production cut, according to new reports by financial analysts.


Teekay LNG’s share offering and Ship Finance International’s convertible notes sale underscore that US capital markets are not closed to shipping, just very selective.


A chemical tanker began taking water and listing soon after leaving port in the southern Japan prefecture of Yamaguchi.


side of LNG carrier

Extension is expected to give some time for the Indian government to discuss the issues raised by the bidders


Ikeda

Mitsui OSK Lines, Japan's biggest shipping company, said on Friday that it has taken a "Hybrid Loan" of JPY100 billion (USD990 million) to fund expansion of its LNG and offshore businesses.


DSME

Troubled South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering said Friday that plans to hand over two drillships to Angolan oil company Sonangol have been delayed yet again.


CMA CGM

Container shipping on Asia-Europe enters its slack season that will last until the pre-Chinese New Year pick up.


Samsung Heavy Industries yard

–First order of 2016 for South Korea yard, breaking a nine-month order drought.

 


KLC has bought two product tankers that are being built in Ningbo.


Regulators charged with enforcing the new container weight regime in the United States will not be changing their approach once the IMO’s three-month leniency period ends on 1 October.


Khalifa port

COSCO Shipping has an agreement with Abu Dhabi Ports to build and operate a new container terminal in Khalifa port.