Europe
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FMC dishes out $2m fine to Hapag-Lloyd
The Federal Maritime Commission (FMC) in the US yesterday approved a settlement agreement reached between its Bureau of Enforcement (BoE)…
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Moundreas swoops for ageing cape
Greece’s Moundreas family has dived into a busy secondhand market for dry bulkers with the purchase of one more capesize,…
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Piraeus in the spotlight
Under the control of Cosco since 2009, Piraeus has become the Mediterranean’s top port. As part of Splash’s new Mediterranean…
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Wison and ABB in FLNG tie-up
China’s Wison Offshore & Marine and Swiss technology company ABB have signed a memorandum of understanding to collaborate on the…
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Ørsted invests in birdlife tracking AI startup
Ørsted has teamed up with the Norwegian deeptech start-up Spoor, which has built a specially designed artificial intelligence (AI) system…
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Awilco Drilling wraps up semisub sale
North Sea contractor Awilco Drilling has completed the sale of the semisub rig to Aberdeen-based decommissioning specialist Well-Safe Solutions. The…
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Mitsubishi Shipbuilding develops spherical tank for liquefied CO2 carriers
Mitsubishi Shipbuilding, part of Mitsubishi Heavy Industries (MHI), has developed a new spherical cargo tank system for liquefied CO2 (LCO2)…
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Sing Fuels acquires Greek bunker broker Prime’s Bunkersplus Services
Singapore-headquartered energy trading firm Sing Fuels has struck a deal to acquire the assets of Athens-based bunker-buying management service Prime’s…
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Port of Antwerp-Bruges to host large-scale green hydrogen plant
US-based hydrogen fuel cell maker Plug Power has unveiled plans to build a 35-tons-per-day green hydrogen generation plant at the…
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‘Disruption, disruption, disruption’: TradeWinds Posidonia event hears the views of top owners
Geopolitics, supply chain disruptions, regulations, market outlook and uncertainties were themes that dominated the final session of the TradeWinds Shipowners…
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Capital Product Partners snaps up four ships in $597m deal
Capital Product Partners (CPLP) has exercised options to purchase three containerships and one liquified natural gas (LNG) carrier under construction…
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Wilhelmsen debuts rebranded agency division at Posidonia
Wilhelmsen debuted a rebranded, repurposed agency division at Posidonia yesterday. Wilhelmsen Port Services expands the remit of the traditional port…
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Athens as a maritime start-up hotbed
As is evident from the stands at the exhibition halls at Posidonia this week, Greek entrepreneurs are among the world…
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Euronav takes full control of two giant FSOs
Euronav has bought out International Seaways’s holdings in two FSOs. The two converted ULCCs, the FSO Asia and FSO Africa,…
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Seaway 7 lines up offshore wind contract worth up to $750m
Oslo-listed offshore wind service specialists Seaway 7 has been selected by Seagreen 1A Limited, a TotalEnergies and SSE Renewables company,…
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Cadeler seals German offshore wind turbine installation deal
Offshore wind contractor Cadeler has inked a contract with Vestas to provide the installation and transportation of 64 record-breaking 15…
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Nordic American Tankers sells off ageing suezmax
Nordic American Tankers (NAT) has now sold the last of its 2002-built suezmax tankers, , as part of an overall…
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QatarEnergy advances LNG carrier newbuilding project at South Korean yards
QatarEnergy, the world’s top liquefied natural gas (LNG) supplier, is pressing ahead with its North Field expansion project with new…
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Former Odfjell boss Kristian Mørch to take the helm at J. Lauritzen
Denmark’s J. Lauritzen has appointed former Odfjell boss Kristian Mørch as the company’s new chief executive. Mørch, who led Norwegian…
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Green Energy Group awarded new OBN contract
Green Energy Group, formerly Seabird Exploration, has signed an ocean bottom node (OBN) source contract with an undisclosed client in…
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