Editor’s Picks
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Europe
Lunder steps down from Fredriksen Group amid corruption scandal
Jo Lunder has stepped down from his role of ceo at Fredriksen Group having been caught in the middle of…
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Asia
Uni-Asia: In for more handysizes
Singapore: These are interesting times for Uni-Asia, the Singapore-listed diverse conglomerate with interests in hotels, property and shipping. The first…
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Americas
HKND gets green light to start Nicaragua canal project in 2016
China’s HKND Group has announced that it will start the Nicaragua canal project by the end of 2016, following the…
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Americas
Jones Act savaged
The Jones Act, the 95-year-old cabotage laws that govern US waters, has come in for savage criticism from our readers.…
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Asia
India’s Elektrans Shipping acquires suezmax, eyes bulkers
Mumbai-based Elektrans Shipping (formerly Doehle Danautic) has announced the acquisition of Japanese-built 149,834dwt suezmax tanker Distya Akula, co-owned with Arya…
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Europe
OpenSea.pro: Chartering in the 21st century
Douglas: Vasiliy Kotylevskiy is determined to bring ship chartering into the 21st century. The founder of OpenSea.pro tells Maritime CEO…
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Containers
Industry shows no surprise to Maersk lay-offs, lay-ups and cost cutting
First came the $600m profit warning. “The container shipping market has deteriorated beyond the group’s expectations,” Maersk groaned on October…
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Containers
Maersk Line to slash headcount by 4,000 and nix up to 240,000 teu of newbuild options
Suggesting the fraught outlook for container shipping is longer term than some had predicted, Maersk Line today outlined massive spending…
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Europe
Bourbon Offshore stacks more than 30 vessels
In its latest set of quarterly results, OSV owner Bourbon Offshore said it had a total of 31 supply vessels…
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Europe
Besiktas sells chemical tanker for $16.3m
Turkey’s Besiktas Shipping Group has offloaded one of its oldest chemical tankers, the 18,000 dwt Ice 1A classed , built…
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Contributions
Giant leap for unmanned kinds?
Katherine Si charts China’s efforts to build autonomous ships. The debate surrounding autonomous ships is hot right now, brought up…
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Europe
Statoil to build world’s first floating wind farm off Scotland
Statoil has made the final investment decision to build the world’s first floating wind farm: The Hywind pilot park offshore…
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Americas
Vantage Drilling misses interest payment, in discussions with creditors
Another offshore firm has raised a flag to warn of financial hardship. Houston-based Vantage Drilling is in discussions with members…
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Americas
Crowley Maritime acquires SeaFreight
Crowley Maritime has announced that its liner services and logistics groups have completed the acquisition of Miami-based SeaFreight Line, SeaFreight…
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Asia
What a merger between Hanjin and HMM would look like
With details of the mega merger between Cosco and China Shipping expected to be revealed within days, it is across…
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Americas
China Ore Shipping orders seven valemax ore carriers
Joint-venture company China Ore Shipping (COS) has ordered seven 400,000-dwt valemax ore carriers from China’s Shanghai Waigaoqiao Shipbuilding, according to…
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Europe
Europort: Back for the 37th time
Rotterdam: While the international shipping calendar is littered these days with a dizzying array of new events, each professing to…
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Asia
Korea’s big three yards brace for more hits to their $66bn offshore backlog
The huge offshore gamble that South Korea’s big three shipbuilders embarked upon around a decade ago has come back to…
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Asia
APL boxship allides with gantry crane at Port Said
The ultra-large containership allided with a gantry crane and navy barge at Suez Canal Container Terminal (SCCT) in Port Said…
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Containers
Hapag-Lloyd lowers IPO price range in response to ‘market volatility’
Hapag-Lloyd has lowered the price range of its initial public offering (IPO) on the Frankfurt and Hamburg stock exchanges from…
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