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Europe
Jebsen named new president of InterManager
Bjørn Jebsen has been elected as the new president of InterManager, succeeding Gerardo Borromeo, vice-chairman and CEO of Philippine Transmarine Carriers, who is…
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Asia
STX and STX France may be sold by bankruptcy court
STX Offshore & Shipbuilding (O&S) and STX France, which specialises in building cruise ships and is 66% owned by the…
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Europe
Aker Solutions wins subsea contracts at Dvalin gas field
DEA Norge has awarded two contracts worth over NOK 900m ($112.6m) to Aker Solutions to provide a subsea production system,…
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Asia
Hanjin lays off staff from its US HQ
Some 127 workers have been laid off from Hanjin Shipping’s American headquarters in Paramus, New Jersey, reports say. The redundancies…
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Europe
Concordia Maritime sells and leases back tanker
Sweden’s Concordia Maritime has signed a $37.5m sale and leaseback deal for its MR chemical/product tanker with “large Japanese financial…
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Europe
Maersk Supply Service cuts workforce by another 25%
Maersk Supply Service is to reduce its onshore workforce by a further 25%, which it said was “in response to…
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Europe
Scorpio Bulkers gets newbuilding discount, delays deliveries
Scorpio Bulkers has negotiated a $13m discount on the combined contract price for six China-built newbuildings, which will each be…
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Europe
BW LPG revises takeover bid for Aurora
BW LPG has renewed its offer to take over Aurora LPG and has offered over 10% more cash, which has…
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Asia
Kawasaki Heavy may close its shipbuilding business
Declining profitability may cause Japan’s Kawasaki Heavy Industries to close its shipbuilding business. The company said it would decide by…
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Europe
SGX completes takeover of the Baltic Exchange, new CEO named
Shareholders have voted to approve the terms of the Singapore Exchange’s (SGX) acquisition of the Baltic Exchange, which from 2017…
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Europe
Five anchor handlers fixed to reposition drilling platforms
The spot market for anchor handling tug supply (AHTS) vessels today saw a flurry of activity for mobilising drilling platforms,…
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Europe
Teras Offshore accommodation unit wins windfarm work
Teras Offshore, part of Singapore’s Ezion Holdings, has won a 16-month contract to provide its jack-up accommodation rig at an…
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Asia
Rothschild to help find buyer for majority stake in ABG Shipyard
A consortium of lenders led by State Bank of India has enlisted the help of Rothschild to find a buyer…
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Finance and Insurance
Nigeria plans national shipping company IPO
Nigeria’s efforts to strengthen its domestic fleet have stepped up a gear and the country is now planning an initial…
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Europe
REM Offshore could lay up three more PSVs
Norway’s Rem Offshore is to lay up a further three platform supply vessels (PSVs), managing director Arild Myrvoll has said.…
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Europe
Stolt extends long-term charters of Brovig tankers
Norway’s Stolt Tankers has extended its long-term bareboat charters of four chemical tankers owned by compatriot company Brovig, according to…
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Asia
Sale of DSME’s headquarters falls through
The sale of Daewoo Shipbuilding & Marine Engineering’s (DSME) headquarters building in downtown Seoul to its preferred bidder has been…
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Europe
Teekay Offshore shuttle tankers win COAs from oil majors in North Sea
Oil majors BP, Royal Dutch Shell and OMV Group have awarded new three-year contracts of affreightment (CoA) for shuttle tankers…
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Asia
Hyundai Heavy secures refund guarantee from banks
After a month of discussions, a consortium of banks in South Korea have stepped up to offer Hyundai Heavy Industries…
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Asia
Vessel carrying ‘fertiliser’ detained due to suspected bomb plot
Authorities in Indonesia have detained a Malaysian vessel carrying 30 tonnes of ammonium nitrate, which police suspect may have been…
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