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Asia
ADNOC orders nine AHTSs at Sinopacific
Athens: Abu Dhabi National Oil Company (ADNOC) has placed an ordered with China’s Sinopacific Shipbuilding for nine anchor handling tug supply…
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Europe
DSME to sue Songa Offshore for cost overruns in rig construction
Athens: Daewoo Shipbuilding and Marine Engineering (DSME) has served its client Songa Offshore with notices of arbitration regarding the contracts for…
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Operations
Crew shortage delays Alexander Spirit again
Athens: The troubled Teekay tanker in Tasmania, the Alexander Spirit, has again been delayed from departing Devonport for Singapore. The ship was…
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Europe
Tsipras proposes to phase out tax breaks for Greek shipping companies
Athens: Greek prime minister Alexis Tsipras has proposed to increase tonnage tax in the country and phase out the industry’s…
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Operations
Set sail to Singapore, Teekay tanker told
Athens: Australia’s Fair Work Commission has ruled that industrial action taken by a crew onboard a Teekay tanker is not…
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Americas
NewLead JMEG concedes liability in breach of contract litigation
Athens: After a long-running court case, NewLead JMEG has filed a stipulation of liability in the breach of contract court…
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Dry Cargo
Oldendorff takes two panamax bulk carriers
Athens: Germany’s Oldendorff Carriers has taken two panamax bulk carriers out on six- and seven-month timecharters, which have been fixed…
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Europe
MOL Group buys Norway’s Ithaca Petroleum
Athens: Hungary’s MOL Group has made its first acquisition in Norway by buying Ithaca Petroleum Norge (IPN). MOL says the acquisition…
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Europe
Saipem exits South Stream pipeline project
Athens: Italy-based oil and gas contractor Saipem has exited the South Stream offshore pipeline project, which will connect Russia with Europe…
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Europe
Kuwait buys stake in Associated British Ports
Athens: The Kuwait Investment Authority (KIA) has acquired a 10% direct interest in Associated British Ports. The news comes after…
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Europe
Baltic Exchange blasts UK’s abolition of non-dom tax status
Athens: Jeremy Penn, chief executive of the Baltic Exchange, has criticised the abolition of non-domiciled tax status mooted in the UK’s…
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Containers
Diana containership wins timecharter extension and redelivery compensation
Athens: Hapag-Lloyd has extended its timecharter of a post-panamax owned by Diana Containerships by nine to 11 months, starting August…
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Europe
Two dead at Petrobras oil terminal in Brazil
Athens: Two construction contractors have died while working at a Petrobras oil terminal at Barra do Riacho, Brazil. Alex Vieira Ribeiro, 39,…
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Europe
Sevan delays delivery of offshore accommodation vessels
Athens: Logitel Offshore, part of Sevan Marine, has delayed delivery of an offshore accommodation vessel it has under construction at China’s Cosco…
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Containers
Maersk Line orders nine 14,000-teu boxships at Hyundai Heavy
Athens: Maersk Line has signed a $1.1bn deal with South Korea’s Hyundai Heavy Industries (HHI) for nine 14,000-teu containerships. The nine…
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Europe
Farstad fixes four in Brazil and the North Sea
Athens: Oslo-listed Farstad Shipping has fixed four of its offshore vessels to international charterers operating in Brazil and the North Sea,…
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Europe
Teekay tanker crew protests ordered to stop
Athens: Industrial action onboard a Teekay products tanker docked in Tasmania must stop, Australia’s Fair Work Commission has ordered. The 36 crew refused…
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Europe
American Shipping Company secures $500m debt refinancing
Athens: Oslo-listed American Shipping Company has secured commitments from four banks for refinancing $500m of its secured debt. Two separate facilities have…
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Dry Cargo
Diana bulker wins timecharter, two more extended at a discount
Athens: Three bulk carriers owned by Greece’s Diana Shipping have won timecharter employment that will generate at least $12.73m in gross revenue…
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Europe
Greek shipping companies look for office space in Limassol
Athens: Greek shipping companies have been enquiring about renting office space in Limassol, Cyprus’ shipping and trading hub, Splash can confirm. “About…
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