• 19 October 2011

    Precious Shipping wins $85m term loan

    Precious Shipping has secured a term loan facility of $84.96m from ING Bank and DnB NOR Bank for the financing of four new dry bulk carriers.

  • 19 October 2011

    Marco Polo Marine to build two AHTS vessels

    Singapore's Marco Polo Marine has received contracts from Pelayaran National Bina Buana Raya (BBR) to build two anchor-handling tug supply (AHTS) vessels for $27m.

  • 18 October 2011

    MHI develops low carbon-emitting bulk carrier

    Mitsubishi Heavy Industries (MHI) has developed a new bulk carrier vessel that offers reductions in CO2 emissions by about 25% compared with conventional bulk carriers.