Europe

As Cyprus-back and Turkish drillships anchored near each other, European Union states have agreed on sanctions the EU should impose on Turkey for its illegal drilling activities in Cyprus’ exclusive…
The International Association of Classification Societies (IACS) has elected Arun Sharma, executive chairman of the Indian Register of Shipping (IRClass), as the new chairman.
The largest domestic lender to Greek shipping, Piraeus Bank is looking into a strategic partnership with a major Asian Pacific financial conglomerate that will help it provide financing to Greek…
Cosco Shipping Heavy Industry (Zhoushan) has been contracted by Union Maritime in for two plus two 113,000 dwt aframax oil tankers.
MSC says that the majority of containers on board the vessel MSC Gayane seized following a $1.3bn cocaine bust in Philadelphia port have been transhipped onto their original destinations.
Scorpio Group has added a further 23 scrubber units for $33.3m from Pacific Green Technologies to be installed on its bulker and tanker fleets.
Singapore has remained the top international shipping centre for the sixth year running according to Xinhua and the Baltic Exchange annual index which sees no changes in the top eight…
As the British government sets out ambitious targets for cutting emissions from shipping all new vessels ordered from 2025 for operation in UK waters should be designed with zero emission…
China’s heavy equipment manufacturer, Nantong Rainbow Heavy Machineries, is acquiring German firm Koch Solutions and the two companies have signed the strategic agreement.
The European Union’s regulatory framework could led to shipowners relocating outside the EU, says Greece’s new Shipping and Island Policy Minister, Ioannis Plakiotakis.
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