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Asia
Ex-Hanjin chairwoman summoned again on allegations of insider trading
Hanjin Shipping’s ex-chairwoman Choi Eun-young has been summoned again by the Seoul Southern District Prosecutors’ Office on suspicion of illegal…
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Europe
Oil and gas workers in Norway headed for major strike
Unions in Norway have warned that up to 755 workers on oil and gas fields could go on strike from…
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Containers
Hapag-Lloyd and UASC agree a merger
Container lines Hapag-Lloyd and United Arab Shipping Company (UASC) have agreed on the terms of a merger. All shares would…
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Europe
Oaktree Capital executive held on theft allegations
Martin Graham, a London-based senior vice-president for Oaktree Capital, has been arrested at the request of authorities in the UAE…
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Europe
Sevan Marine sells stake in offshore gas equipment company
Sevan Marine has sold its 50% stake in KANFA Aragon to Sembcorp Marine for NOK 20m ($2.4m). The transaction was…
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Americas
Wood Group wins contract with Statoil and Sinochem in Brazil
Wood Group Mustang has won a contract to provide detailed engineering, design and procurement services to Statoil and Sinochem’s joint…
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Asia
Singapore Exchange extends negotiations for Baltic Exchange takeover
The period of exclusive discussions between the Singapore Exchange (SGX) and the Baltic Exchange has been extended by a further…
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Europe
HCI Capital becomes Ernst Russ
HCI Capital has decided to change its name to Ernst Russ AG to reflect a shift in the company’s focus.…
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Europe
BigLift orders another heavylift vessel
BigLift Shipping has ordered a third Happy S-type vessel at Ouhua Shipbuilding in Zhoushan, China. The contract price was not…
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Americas
SwissMarine charters Diana panamax
Geneva-based SwissMarine Services has booked Diana Shipping’s panamax Crystalia (77,525 dwt, built 2014) on an 11- to 14-month timecharter. The…
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Asia
Jinhui Shipping confirms supramax sale
Jinhui Shipping and Transportation has confirmed it has entered into a memorandum of agreement to sell another supramax bulk carrier, Jin…
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Asia
Great Eastern buys cape
Brokers report that Japan’s Libera Corp has sold its capesize Cape Althea (179,300 dwt, built 2011) to Great Eastern Shipping…
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Americas
Alpha Bulkers capesize fixed on timecharter at decent rate
Today saw a rare capesize period fixture on a day in which the Baltic Dry Index advance by 13 points…
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Asia
POSH wins support contract for Shell’s Prelude
PACC Offshore Services Holdings (POSH) has won a contract from Technip Oceania to deploy its semi-submersible accommodation vessel POSH Arcadia…
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Europe
Shipping industry figures react to Brexit
Shipping industry figures have reacted to the news that the UK has voted in a 52% majority to leave the…
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Europe
Another charter extension for NewLead bitumen tanker
The unnamed charterer of the NewLead Granadino (5,887 dwt, built 2009) has extended the contract for a second time for…
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Containers
Skou made CEO of Maersk Group
Mærsk Line’s CEO Søren Skou is to replace Nils S Andersen as the CEO of the AP Møller – Mærsk…
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Asia
Seafarers on Mauritius mutiny ship ‘traumatised’, man due in court
Seafarers onboard Benita have been left “traumatised” by the fight among crew that caused the vessel to run aground off…
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Americas
OSG returns to the NYSE Big Board
After a few years in the cold, Overseas Shipholding Group (OSG) is to transfer its stock listing once again to…
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Europe
UK shipping minister warns on Brexit
As Britain heads to the polls today in arguably the most important vote the nation has faced in a generation…
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