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Environment
First ships earn carbon credits for using eco-friendly hull coating
Seventeen vessels with International Paint’s Intersleek hull coating have become the first to earn tradeable carbon credits as part of…
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Europe
Difficult to recruit and retain both men and women in shipping, says WISTA panel
The problems affecting recruiting and retaining women in shipping are the same as those that affect encouraging men to work…
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Europe
Maritime Growth Study a ‘call to arms’ to revitalise UK’s shipping industry
The UK government must actively support and invest in the nation’s maritime industry, according to the new ‘Maritime Growth Study’,…
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Containers
Paragon to raise $4m in share sale
NASDAQ-listed Paragon Shipping plans to offer and sell $4.0m in new shares to Maxim Group, an New York-based investment banking…
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Dry Cargo
Saverys plans buy-out to take CMB private
Saverco, led by its chairman Marc Saverys, plans to launch a voluntary and conditional public takeover offer for all outstanding…
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Asia
Japan’s largest steel producer orders nine super-capesize bulkers
Japan’s largest steel producer Nippon Steel & Sumitomo Metal Corp (NSSMC) reportedly plans to replace its fleet of chartered-in capesize…
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Europe
Government approves Wintershall’s oilfield development in offshore Norway
The Norwegian government has approved an application from Wintershall, Petoro and Centrica Resources (Norge) to develop and operate the Maria…
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Europe
Avance Gas sends VLGC delivery straight to dry dock as a precaution
Avance Gas’ new VLGC Chinook will be sent straight to dry-dock for 10 to 20 days after delivery to ensure…
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Asia
VLCC floating storage fixtures start sailing in
Three fixtures of VLCCs for floating storage have been confirmed so far, and more could follow as contango oil market…
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Europe
Fairview buys stake in GasLog
Fairview Capital Investment Management has bought a 5.6% stake in NYSE-listed LNG shipowner GasLog Ltd. A filing to the US…
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Europe
No further weapons found on vessel detained in Crete, crew before prosecutor
Authorities in Crete have completed their inspection of the 12 containers remaining onboard the suspicious general cargo vessel arrested this…
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Europe
Delivery of VLGC to Dorian LPG delayed
Delivery of Dorian LPG’s new 84,000-cbm VLGC Cheyenne has been delayed until the fourth quarter this year, instead of before…
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Europe
Turkey must open its ports to Cyprus-flagged vessels, say UK ministers
Two UK government ministers have called for Turkey to lift its ban on Cyprus-flagged vessels or those with Cypriot connections…
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Americas
Crew on Turkish ship have not been paid or returned home in two years
Three crew members remaining onboard a Turkish-owned general cargo vessel stuck in Brazil have not been paid in two years,…
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Africa
Nigeria’s chief of naval staff warns shipowners against oil theft
Shipowners in Nigeria will be punished as “saboteurs” if found to be participating in oil theft, the country’s chief of…
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Europe
Detained ship was carrying over 5,000 firearms plus ammunition
Over 5,000 firearms and more than 490,000 rounds of ammunition have been found onboard the suspicious general cargo vessel arrested…
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Africa
Cameroon awards concession for new multipurpose port terminal
The government of Cameroon has awarded a consortium led by French logistics group Necotrans with a contract for operation and…
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Dry Cargo
FreeSeas fixes handysize at a higher rate
FreeSeas has fixed a handysize bulk carrier on a 30-day timecharter at a higher rate than the vessel’s previous employment.…
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Americas
Petrobras cancels drillship contract with Vantage Drilling, arbitration will follow
Petrobras has terminated its drillship contract with Vantage Drilling, alleging that the NYSE-listed contractor has “breached its obligations” under the…
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Asia
Cairn India seeks drilling contractors for projects in offshore India
Cairn India is seeking expressions of interest (EOI) from contractors to provide jack-up drilling rigs and other services to its…
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