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Dry Cargo
Sea Traders buys eight bulkers in Lan Hai bank sale
Greece’s Sea Traders has spent over RMB 535m ($84m) on three kamsarmaxes and five supramaxes formerly owned by Guangdong Lanhai…
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Greater China
Shanghai North Sea Shipping orders three new tankers
Shanghai North Sea Shipping has ordered three 55,000-dwt MR crude tankers from China’s Guangzhou Shipyard International shipyard. The three tankers…
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Europe
ABB orders cable-laying vessel from Kleven
ABB Marine has ordered an advanced cable laying vessel from Norway’s Kleven Verft shipyard. The value of the contract was…
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Europe
Maersk Tankers orders nine MR product tankers from Samsung Ningbo
Maersk Tankers has ordered nine 49,940-dwt MR product tankers from Samsung Heavy Industries Ningbo shipyard in China in a $300m…
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Operations
Höegh car carrier seized at Mombasa, port security tightened
Security agencies carried out a surprise raid at Mombasa port at midnight on Thursday, seizing a Höegh Autoliners car carrier…
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Asia
DSME lends $114.5m to SBM Shipyard
Daewoo Shipbuilding & Marine Engineering (DSME) is to lend a total of KRW 133bn ($114.5m) to SBM Shipyard to extend repayment…
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Europe
Eidesvik Offshore sells cable installation vessel
Oslo-listed Eidesvik Offshore has signed a memorandum of agreement (MoA) to sell its multipurpose offshore vessel European Supporter (7,000 dwt,…
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Europe
Ceona goes into administration in the UK
SURF and heavy subsea construction contractor Ceona and Ceona Services (UK) Ltd have gone into administration in the UK, having…
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Containers
Hapag Lloyd to launch IPO in November
Hapag Lloyd looks set to launch its initial public offering (IPO) by mid-November this year, according to reports from Germany’s…
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Asia
Two LPG carriers ordered at DSME
South Korea’s Daewoo Shipbuilding & Marine Engineering (DSME) has received an order for two large LPG carriers from an undisclosed…
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Europe
Offshore layoffs hit equipment suppliers as TTS Offshore Solutions makes redundancies
TTS Offshore Solutions today announced plans to lay off workers, showing equipment suppliers are not immune to the strain of…
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Asia
‘Death ship’ inquest finds foul play ‘unlikely’
Blood analysis conducted as part of an inquest into how two men died onboard the ‘death ship’ Sage Sagittarius has…
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Dry Cargo
Metrostar buys tanker and bulker from Seaarland
Metrostar Management Corp has a deal on subjects to buy a panamax bulker and an aframax tanker from Netherlands-based Seaarland…
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Europe
Cyber-security is crucial for shipping, says ABS CEO and new IACS chairman
Christopher Wiernicki, chairman, president and CEO of ABS, has said that cyber-security tops his list of objectives to be tackled…
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Europe
North Energy cuts staff and costs amid ‘deteriorating market conditions’
Norway’s North Energy is to implement additional redundancies and cost-cutting measures from 2016, which the oil and gas producer hopes…
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Containers
Diana Containerships gets $148m loan, extends panamax timecharter
Diana Containerships has secured a new six-year loan from the Royal Bank of Scotland (RBS) for $148m, and has extended…
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Dry Cargo
Global Maritime Investments files for bankruptcy
Global Maritime Investments Cyprus filed for chapter 11 bankruptcy protection in New York on Tuesday and is to liquidate its…
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Europe
NewLead fixes bitumen tanker on timecharter
NewLead Holdings has fixed one of its bitumen tankers to an undisclosed counterparty on a six-month timecharter with extension options.…
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Americas
Vantage Drilling to be delisted from New York Stock Exchange
Trading in Vantage Drilling’s shares has been suspended by the New York Stock Exchange’s regulatory authority, which has commenced proceedings…
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Asia
Dynagas fixes nine VLGCs for Yamal LNG Project
Dynagas has fixed nine of its VLGCs on “long-term” timecharters to transport LNG from the Yamal LNG Project, located on…
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