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Europe

London: Asia-based small tanker owner Yujin International is seeking to delist from the London exchange due to its share price under-valuation and lack of liquidity in its shares trading.
Hamburg: German state bank KfW is considering making finance available for shipbuilding, despite continuing liabilities in its shipping portfolio, Reuters reports.
Singapore: Tankers Inc, a 2010-founded product tanker company headed by former Torm ceo Mikael Skov, expects a major build up of its fleet this year as it works on a…
London: While LNG is gaining ground as an alternative ship fuel, other fuel sources should not be overlooked, says LR in its latest Gas Technology Report.
Manila: John Fredriksen’s dry bulk shipping unit Golden Ocean has made $450m from asset plays since it was spun-off from Frontline in late 2004.
Mumbai: K Line (India) Private Limited (KLIN) is diversifying for the first time into coastal shipping.
Paris: Louis Dreyfus Armateurs Group (LDA) today announced the launch of a 50-50 jv with geoscience company CGG, named GeofieLD Ship Management Services.
Busan: Maersk Line will add South Korea's Busan port to its schedule of Asia-Europe (AE10) service from 29 April as the carrier expects rising volumes from the container port.
Manila: With a single entity now in charge of overseeing the implentation of STCW in the Philippines Nicasio Conti of the Maritime Industry Authority (Marina), says they “are ready” for…
St. Petersburg: Net profit at Russian state owned OAO Sovcomflot (SCF) fell 38.2% to $33.2m in 2012 from $53.7m in 2011.
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