Singapore-listed offshore services provider Otto Marine has secured a USD26 million term-loan agreement with a US investment firm for the refinancing of multipurpose cargo vessel Surf Challenger and ...
Otto Marine secures $26m for ship refinancing
Chinese vessel exports’ growth weakens to 19.1% y/y
Chinese vessel exports' growth decreased to 19.1% year on year (y/y), with total exports at USD12.8 billion in the first five months of 2015, according to customs statistics. In May alone, the exports ...
Philippines prosecutors to assist ferry victims’ families
The Public Attorney's Office (PAO) in the Philippines will provide free legal aid to the families of those who drowned when Kim-Nirvana B sank on July 2. This is a worsening of the legal position of ...
Seacurus Bulletin July 2015
Posted on: Monday, July 6th, 2015 By: Szymanski Good morning, Please find attached July’s Seacurus Bulletin and the link to the page turn digital version http://goo.gl/geHXCr. Inside, as ever, we ...
Top Ten Maritime News Stories 06/07/2015
Posted on: Monday, July 6th, 2015 By: Szymanski Seacurus Daily: Top Ten Maritime News Stories 06/07/2015 1. Owners Try and Remain Upbeat Greece’s shipping community should calm its fears that the ...
Tug in Orkim Harmony hijacking identified
The Indonesian navy said it has identified a tug used to hijack Malaysian-flagged tanker Orkim Harmony in June 2015. The tug was identified as Meulaboh, and was found abandoned near Pulau Seloko off ...
Viking bags second charter worth $31m
Singapore-listed offshore services provider Viking Offshore & Marine has clinched a 48-month charter for a second land drilling rig system at approximately USD31 million. The charter is signed by ...
China shipping confidence index hits two-year low
China's shipping industry confidence index for the second quarter of 2015 was in relatively stagnant zone at 65.64, a two-year low, while the China Shipping Prosperity Index has remained stagnant for ...
CMES forecasts 1H15 profit to double
China Merchants Energy Shipping (CMES) projects that its profit would be more than doubled in the first half of 2015 from a year ago. The range of growth would be between 110% and 130% year on year ...