The STI San Antonia is one of the MRs involved in the transaction. Credit: Fotoflite

Scorpio Tankers has signed a sale-and-leaseback deal for six MR product tankers and one LR2 product tanker, the fourth such deal in two months.  

Wisdom Marine's Sakizaya Kalon

The collision started with the 5,100 teu container ship Aeneas, which is operated by Hyundai Merchant Marine, running aground. The three bulk carriers behind Aeneas were unable to react in time and collided.

CMA CGM Otello

French water treatment specialist BIO-UV Group, which specialises in the use of ultra violet light for water disinfection purposes, has secured the order for 17 systems

The coal was allegedly passed off as Russian in origin.

The Ministry of Foreign Affairs said that the government is looking into the allegations, in response to a report carried by US media.

The parties sign the bareboat charter agreement at a ceremony in Beijing

The deal signed on 18 July sees the Chinese petrochemical group ramp up its presence in the oil refinery industry and gain competitive advantages in the upstream and downstream supply chain.

Kudos 1

Ship attacks in Asian waters are at a 10-year low. Incidents tended to occur while vessels were in anchorage or at berth, according to data and analysis by the Regional Cooperation Agreement on Combating Piracy and Armed Robbery against Ships in Asia (ReCAAP) Information Sharing Centre (ISC).

East Coast Rail Link

With a new, economically assertive prime minister in place, Malaysia looks set to re-evaluate its trade policies and relationships with superpowers China and the United States.

A typhoon batters the coast of the Philippines

Southeast Asia was identified as a region of particular concern, posting losses up by a quarter in 2017.

1999-built Jade Prosper

Scrap sales have slowed following a drop in steel prices in India and depreciation of the Indian currency.

hands typing at a keyboard

Insurer Allianz Global Corporate & Specialty (AGCS) on 18 July published its Safety & Shipping Review 2018, that warns while large losses have fallen 38%, there are new risks which simply cannot be ignored.