Region
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Brazil’s upcoming oil auction attracts 32 bidding companies
Brazil’s federal agency that regulates the oil sector, ANP, is a week away from holding its 14th round of bidding…
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Songa Bulk acquires Japanese-built kamsarmax
Arne Blystad’s Songa Bulk has announce the acquisition of a 2012-built kamsarmax bulker to bring its fleet up to 15…
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Fire erupts at Valero refinery in Port Arthur
A fire broke out on Tuesday in a storage tank at Valero’s refinery in Port Arthur, Texas, according to Reuters.…
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Slovakian politician calls for creation of national carrier
A senior politician in landlocked Slovakia has called for the creation of a national shipping line. Peter Durcek, state secretary…
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A.P. Møller Holding buys Maersk Tankers for $1.17bn
A.P. Møller – Mærsk has taken another important step on the path to becoming a pure container play. The giant…
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Boardroom bust-up sees Aschmann quit Bernhard Schulte Shipmanagement
The head of one of the world’s largest shipmanagers has resigned following what Splash understands was a boardroom bust-up over…
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20 valemaxes ordered at Chinese and South Korean yards
Brazilian iron ore miner Vale has started a new round of shipping capacity expansion via COA deals with South Korean…
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HMM stands out as only carrier to fail to secure higher rates in Q2
With interim results in for the leading containerlines around the world, one company sticks out for its failure to make…
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Corruption scandal clatters Transnet’s attempted tariff hike
Shippers have hit out at attempts by Transnet to try and raise tariffs at a time when the full details…
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Muted celebration for Japan’s first new drydock this century amid rampant competition
Japan’s largest shipbuilder yesterday celebrated the official opening of the nation’s first new drydock this century with the yard’s boss…
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Campbell exiting supramax sector
Campbell Shipping is close to sealing a deal for the sale of a pair of Chinese supramaxes, brokers tell Splash.…
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Fratelli d’Amato to exit liquid bulk with tanker sale to International Marine Services
The Naples-based Fratelli D’Amato shipping group is en route to exit the liquid bulk market as a consequence of the…
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North Atlantic Drilling secures semi-submersible contract from Wintershall
German energy firm Wintershall has received a consent from Norway’s Petroleum Safety Authority to drill exploration well 6604/5 in a…
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Ocean Rig shares set to plunge after announcing mother of all reverse stock splits
George Economou’s Ocean Rig, which filed for Chapter 15 bankruptcy protection in March, has announced a 1 for 9,200 reverse stock…
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Worker dies after crane collapses at Yangzijiang yard
A crane collapsed in a workshop at Jiangsu New Yangzi Shipbuilding, an affiliate yard of Yangzijiang Shipbuiling, yesterday leading to…
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David Turnbull takes advisor role at Seabury Capital
A very well known name in Hong Kong transport circles has taken up a senior advisor role US venture capital…
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USCG closes ports in Puerto Rico and US Virgin Islands because of Hurricane Maria
The US Coast Guard (USCG) on Tuesday morning set port condition Zulu for Puerto Rico and the US Virgin Islands…
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BP temporarily shuts down and evacuates Thunder Horse platform after power failure
BP temporarily revealed on Tuesday that it shut down its Thunder Horse semi-submersible platform in the Gulf of Mexico the…
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CNOOC seeking JV partners for its Gulf of Mexico oil prospects
China’s offshore oil and gas giant CNOOC is on a quest to find partners for developing oil prospects in the…
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Palmali sues Litasco for $2bn
Turkey’s Palmali has lodged a claim worth nearly $2bn with the English High Court against Litasco, the trading arm of…
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