United States
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Dry Cargo
Eagle Bulk shareholders green light Star Bulk takeover
Shareholders of US-based Eagle Bulk Shipping have voted in favour of a proposed merger with Greek dry bulk giant Star…
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Americas
Industrial Jenga: the battle to reopen Baltimore port
The port of Baltimore could be up and running at full capacity by the end of next month under a…
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Containers
MSC faces $63m penalty in US regulatory dispute
Mediterranean Shipping Co (MSC) is looking at a potential $63m fine in the US for alleged violations of the Shipping…
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Operations
US targets Emirati shipmanager and 13 vessels in latest round of Iran-related sanctions
The US has imposed sanctions on a United Arab Emirates-based shipmanager and 13 vessels linked to its role in shipping…
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Offshore
Aramco suspends contract for another jackup rig
After Saudi Aramco already suspended deals with several rig owners, New York-listed offshore driller Valaris announced that its Saudi joint…
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Americas
Salvors wait for improved weather in Baltimore
Appalling weather conditions are set to ease in the coming days making salvage operations at Baltimore port easier. One of…
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Operations
‘Pancaked’ bridge wedged in mud hampers Baltimore salvage ops
Sonar images released yesterday show the magnitude of the job that divers and salvage workers face as they begin to…
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Tankers
Hafnia to start trading on NYSE next week
After Hafnia, the world’s largest product tanker owner, announced late last year that it was pursuing a secondary listing in…
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Renewables
US gives all-clear to Avangrid’s 2.6GW New England Wind project
The US Department of Interior has approved Avangrid’s New England Wind project, the country’s eighth approved commercial-scale offshore wind project…
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Americas
Baltimore salvage ops prove more challenging than expected
Ahead of what will be years of legal wrangling, the owner and manager of the world’s most discussed ship, the…
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Finance and Insurance
Morgan Stanley invests in Pasha Group
Morgan Stanley Infrastructure Partners (MSIP) has invested in the US family-owned shipping company, The Pasha Group. The private infrastructure investment…
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Offshore
Transocean bags $195m drillship extension
Offshore drilling contractor Transocean has won a 365-day contract extension in the US Gulf of Mexico worth $195m for the…
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Americas
Baltimore clear-up operation moves into high gear
It has been a very busy Easter weekend for those involved in the clear-up at Baltimore port with the first…
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Offshore
Robotic vessel player Ocean Infinity secures long-term deal with Shell
US offshore robotic ship operator Ocean Infinity has penned a five-year agreement with UK supermajor Shell for subsea services within…
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Americas
Cranes move into place to remove Baltimore bridge debris
Cranes are being brought into place by barges as the authorities in Baltimore turn their attention to reopening the port,…
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Americas
Insurers brace for record payouts from Baltimore bridge disaster
Records look set to be broken in terms of shipping insurance payouts following Tuesday’s ship allision in Baltimore which saw…
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Tech
MOL invests in American marine battery developer
MOL PLUS, the investment arm of Japan’s largest shipowner, Mitsui OSK Lines (MOL), is buying into Fleetzero, an American developer…
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Offshore
SLB takes over majority stake in Aker Carbon Capture
Houston-based SLB has acquired an 80% share in Norway’s Aker Carbon Capture in a push to accelerate industrial decarbonization at…
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Offshore
McDermott bags offshore contract in Malaysia
Houston-based offshore contractor McDermott has struck a deal with PTTEP Sabah Oil for offshore transportation, installation and commissioning work at…
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Offshore
Stena Drilling to upgrade Stena Evolution ultra-deepwater drillship
Stena Drilling, a subsidiary of Sweden’s Stena, has announced it would be upgrading its 7th generation drillship to enable drilling…
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