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Greater China
Coronavirus sparks force majeure conjecture
Shipowners are having to reacquaint themselves with the disruptive intricacies of force majeures on their daily operations in the wake…
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Europe
Hapag-Lloyd trials biofuel on boxship
German liner Hapag-Lloyd has launched the trial of B20 fuel, a combination of low sulphur fuel oil (LSFO) and bio-diesel…
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Europe
Navigare acquires Niledutch boxship
Danish investment firm Navigare Capital Partners has acquired the 2015-built 3,500 teu containership from Dutch owner Niledutch. The company has…
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Greater China
US lifts sanctions on Cosco tanker unit
The US government has lifted sanctions against a tanker unit of Cosco, China’s state-run shipping conglomerate, partially reversing its punishment…
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Americas
JP Morgan snaps up MR tanker pair from Top Ships
JP Morgan Global Maritime, the shipowning unit of US investment bank JP Morgan, has acquired two 2018-built MR tankers from…
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Europe
European shipbuilding suffers another blow with Uljanik set to be liquidated
Europe has lost another big name in shipbuilding with the authorities in Croatia deciding to liquidate Uljanik, a shipbuilding group…
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Containers
Weekly Broker: Boxship sales return
The sale and purchase market was again dominated by tanker sales this past week, while there was also a noticeable…
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Europe
StealthGas acquires German LPG carrier trio
US-listed Greek owner StealthGas has taken over three LPG carriers from German owner Hartmann Group, expanding its medium size gas…
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Greater China
Taizhou Mingxing and Suzhou Xinxin order bulker pair at New Dayang
New Dayang Shipbuilding has signed shipbuilding contracts with domestic shipping operators Taizhou Mingxing Shipping and Suzhou Xinxin shipping for the…
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Europe
Electromagnetic Geoservices secures additional work from Pemex
Offshore survey service provider Electromagnetic Geoservices (EMGS) has received a call-off from Pemex for additional acquisition work following the company…
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Europe
DOF Subsea secures contracts in Australia
Norwegian OSV operator DOF Subsea has secured several contracts in Australia. The contracts will see the company’s dive support vessel…
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Europe
Shearwater GeoServices awarded Indian survey by ONGC
Shearwater GeoServices has been awarded a 3D broadband marine seismic acquisition campaign by ONGC in Western Offshore India. The project…
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Greater China
Brightoil secures debt restructuring deal with eight banks
Chinese private energy company Brightoil Petroleum has entered into a major debt restructuring deal with eight Chinese banks. The eight…
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Middle East
Port of Karachi bans open-loop scrubbers
The Port of Karachi in Pakistan has become the latest authority to ban discharging washwater from open-loop scrubbers. According to…
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Asia
Pan Ocean orders chemical tanker quartet at Hyundai Mipo
South Korean shipowner Pan Ocean has placed an order at Hyundai Mipo Dockyard for the construction of four chemical tankers.…
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Europe
Interunity Management takes MR tanker from Oxygen Maritime
Greek owner Interunity Management has purchased the 2010-built MR tanker from compatriot owner Oxygen Maritime. Shipbroking house Lorenzen & Stemoco…
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Greater China
Ningbo Port brings SIPG in as an investor to raise $1.62bn for expansion
Ningbo Port has announced a plan to raise RMB11.2bn ($1.62bn) through the issuing of new shares to its controlling shareholder…
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Bunkering
Probunkers books LNG bunker vessel pair at Hyundai Mipo
Greek bunkering service provider Probunkers has entered into a letter of intent with Hyundai Mipo Dockyard for construction of two…
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Greater China
CSBC chairman resigns after consecutive losses
Cheng Wen-Lon, the chairman of Taiwanese flagship shipbuilder CSBC Corporation, has sent an application to controlling shareholder the Ministry of…
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Greater China
China Merchants acquires dry bulk and LNG shipping assets of Sinotrans
China Merchants Energy Shipping (CMES), the energy shipping unit of China Merchants Group, has announced a plan to acquire the…
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