Inchcape chief Hyldager quits

Captain Claus Hyldager, chief executive of Inchape Shipping Services (ISS) for the last nine years, is unexpectedly leaving his post.
The maritime services group said Captain Hyldager decided to step down yesterday (4 August) without any explanation.
Inchape told IHS Maritime it would not be

Bourbon lays up 26 supply vessels

French offshore vessel operator Bourbon has taken 26 supply vessels out of service amid the continuing slump in offshore oil and gas activity.
More lay-ups could follow and Bourbon will continue to “stack” vessels without any prospect of activity for three months or more, said the company.

FSL Trust posts five-fold profit rise

FSL Trust Management (FSLTM) posted a profit of USD6.15 million for the second quarter ended 30 June 2015, up 516% year on year on higher revenue.
The Singapore-listed shipowner’s second-quarter revenue climbed 19.9% to USD27.5 million through its strategic deployment of redelivered vessels and