HMD wins two LPG carriers

South Korean mid-tier shipbuilder Hyundai Mipo Dockyard (HMD) said on 24 July it has won orders for two LPG carriers.
The customer is believed to be a Greek shipowner but HMD would not provide further details.
The price of the two ships is KRW115.3 billion (USD99.19 million), working out to just

London cruise terminal approved

A plan to build a cruise terminal at Greenwich, London, has been given local authority planning approval.
The facility will be built at Enderby Wharf on the Greenwich peninsula and called London City Cruise Port. It will be able to accommodate vessels up to 240 m long with 8 m draught when

OW Bunker customers risk double payment

Shipowners and charterers who bought bunker fuel from OW Bunker’s Singapore subsidiary Dynamic Oil Trading may face the risk of paying the physical fuel oil supplier twice.
On 21 July 2015 the Singapore Court rejected the application for interpleader relief.
OW Bunker, a Danish bunker trader, went

Sainty Marine chairman resigns

Wang Shuhua, chairman of financially struggling Chinese shipuilder Sainty Marine, has resigned ‘on personal work grounds’.
The Shenzhen-listed company made the announcement in a stock exchange filing on 24 July. It said it would elect a new chairman in the near future.
Wang’s resignation comes

Over 20 dead in Nile river collision

At least 21 people are thought to have been killed when a pleasure boat and a cargo vessel collided in the Nile River.
Several bodies – including children – have been pulled out of the river by rescue teams, and others remain missing today. Five passengers were rescued.
The incident happened on