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Dry Cargo
Clipper sells ferry business to focus on dry cargo
Athens: Danish group Clipper has sold its 29.95% interest (4,243,277 shares) in ferry operator Mols-Linien to private equity group Polaris…
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Operations
Protesters march on senator’s office in support of Teekay tanker crew
Athens: Some 200 protesters have today marched on a local senator’s office in support of crewmembers onboard the Teekay tanker Alexander Spirit (40,100…
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Dry Cargo
Grimaldi orders three more car and truck carriers
Athens: Italy’s Grimaldi group has ordered three pure car and truck carrier (PCTC) vessels plus one option to be built at…
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Asia
Crew onboard Teekay tanker in Australia refuse to sail vessel in protest
Sydney: Australian crew onboard an oil tanker operated by Teekay Shipping are refusing to sail the vessel to Singapore from…
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Dry Cargo
Greece’s MFS Shipmanagement sees 11 vessels arrested, sells 4
Athens: Greece’s MFS Shipmanagement has had 11 of its vessels stopped or arrested at ports worldwide and is selling four bulk…
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Europe
Union of Greek Shipowners denies phase-out of offshore tax status
Athens: Greece’s shipping community should calm its fears that the Greek government has bowed to Eurogroup pressure to phase-out offshore…
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Containers
Euroseas plans fundraiser and reverse stock split, wins boxship timecharter
Athens: NASDAQ-listed Euroseas is planning a new stock offering through which it will fund its newbuilding programme, and will separately…
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Asia
JES International companies sue former administrative officer
Athens: Four China-based subsidiary companies of JES International Holdings intend to sue Ju Li Li, a former administrative officer of…
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Gas
Qatar Shipping buys two large LNG carriers
Athens: Qatar Shipping Company, part of Milaha, has acquired the remaining 60% interests in two LNG carriers for an undisclosed sum from…
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Europe
Greek shipping companies mull a move to Cyprus
Athens: Greek shipping companies are mulling a move to Cyprus as uncertainty over the future of their offshore tax status…
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Europe
Fredriksen merges his two Frontlines
Athens: Fredriksen-led Frontline and its affiliate Frontline 2012 have agreed to merge to create one of the biggest tanker operating companies…
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Africa
Greek shipowners to sell 40 ships to Nigeria for coastal trade
Athens: The Nigerian Ship Owners Association (NISA) has signed a memorandum of understanding (MOU) to buy 40 vessels from a…
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Europe
Statoil suspends drilling rig in Norwegian Sea
Athens: Statoil has idled its Scarabeo 5 drilling rig “due to overcapacity in its rig portfolio”. The rig will be suspended once…
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Europe
Awilco LNG sells old gas carrier at a $3m loss
Athens: Norway’s Awilco LNG has sold its 32-year-old VLGC WilPower (125,000 cbm, built 1983) to an undisclosed buyer. A price for the…
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Europe
Fredriksen and Saverys form gas giant with Flex LNG
Athens: Flex LNG is to acquire LNG vessels and other assets from Belgium’s Exmar and Fredriksen-led Geveran in a deal that will create…
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Asia
Shell orders three FLNG units from Samsung in $4.7bn deal
Athens: Shell Gas & Power Developments has ordered three floating LNG units (FLNG) from South Korea’s Samsung Heavy Industries in a…
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Dry Cargo
NewLead handysize bulker gets period charter
Athens: A handysize bulk carrier owned by NewLead Holdings has won a two- to four-month timecharter from an unnamed charterer.…
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Greater China
China Shipping Development inks four tankers with Guangzhou Shipyard
Athens: China Shipping Development’s Singapore subsidiary today placed an order with Guangzhou Shipyard for four crude/product tankers in a deal worth…
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Operations
Korea’s Lim Ki-tack elected as IMO secretary-general
Athens: South Korea’s Lim Ki-tack, president of the Busan Port Authority, has been elected secretary-general of the International Maritime Organisation…
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Americas
New Dorian VLGC delivered, starts timecharter to Shell
Athens: Dorian LPG has taken delivery of its latest VLGC, which will commence a one-year timecharter to Shell via the…
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