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Americas
Noble sells part of its stake in Israeli offshore gas field
Noble Energy has sold a 3% working interest in the Tamar field, offshore Israel, to the Harel Group pension fund and…
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Europe
New 20-year plan aims to see more cargo carried on the Thames
The Port of London Authority (PLA) and other stakeholders have launched Thames Vision, its 20-year plan for developing use of…
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Europe
Viking Supply still at odds with its bondholders
A month ago, Viking Supply Ships (VSS) said its restructuring would be completed “within the foreseeable future”, but the Oslo-listed…
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Europe
Royal IHC buys majority stake in underwater vehicle company
Netherlands-based equipment supplier Royal IHC has bought a majority stake in Tompkins, the parent company of Modus Seabed Intervention. Modus…
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Middle East
Pirate attack on tanker prevented by Iranian navy
An attack on an unnamed Iranian-owned oil tanker by a flotilla of pirate boats was foiled by the Iranian navy early…
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Americas
Cargill takes another Alpha Bulkers capesize on period charter
Cargill has taken a capesize bulk carrier owned by Alpha Bulkers on period charter for the second time in just…
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Europe
Berenberg and private equity start $500m shipping fund
Germany’s oldest bank Joh. Berenberg Gossler & Co has created a $500m fund with an unnamed private-equity investor to jointly…
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Europe
UK Chamber: Brexit presents an ‘unprecedented lobbying opportunity’
The CEO of the UK Chamber of Shipping has said the next two years will be a great time for…
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Containers
Marenave Schiffahrts must start repaying ship loans again
Eight of Marenave Schiffahrts’ single-ship companies must begin making repayments to their banks, following the expiry of a six-month extension…
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Dry Cargo
Head of dry cargo at Norden quits to join XO Shipping
Ejner Bonderup has resigned as Norden’s executive vice-president and head of its dry cargo department in order to join Denmark’s…
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Europe
SSY and Carnegie form ship finance joint venture
London-based shipbroker Simpson Spence Young (SSY) has formed SSY Carnegie LLP, a joint venture (JV) with Nordic investment bank Carnegie…
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Americas
Genco amends terms of its refinancing
NASDAQ-listed Genco Shipping & Trading has eased the terms of its refinancing with lenders after failing to secure $125m in equity…
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Americas
Gener8 Maritime amends loan to finance two more VLCCs
Gener8 Maritime has amended its senior secured credit facility with a consortium of lenders to complete the financing of its…
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Asia
Two capesizes fixed on period charters, plus a Diana panamax
Today saw more fixtures reported within the period market for bulk carriers with larger tonnages, including two capesizes. Louis Dreyfus…
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Asia
SinoTrans & CSC named as Ezion’s partner in Chinese windfarm JV
SinoTrans & CSC Holdings has been named as the other partner in Ezion Holdings’ joint venture Sinomarine & Teras (Tianjin)…
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Asia
Tanjung Pelepas port to spend $2bn on upgrades
Malaysia’s Port of Tanjung Pelepas (PTP) is to invest over RM8.6bn ($2.14bn) to more than double its annual handling capacity…
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Americas
Transpetro cancels seven newbuildings
Transpetro, the logistics subsidiary of Petrobras, has reportedly cancelled contracts for seven tankers being built at the Estaleiro Atlântico Sul…
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Americas
Traders book VLCCs for floating storage
Two VLCCs have been booked as floating storage within Asia in preparation for low-demand season in the Far East. Clearlake…
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Asia
LPG carrier explodes in Gulf of Thailand
An LPG carrier has exploded while underway in the Gulf of Thailand, leaving four of its ten crew hospitalised with…
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Dry Cargo
Atlantska Plovidba cancels two ultramaxes
Atlantska Plovidba has cancelled the two bulk carrier newbuildings it has on order at Qingshan Shipyard in China. The two…
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