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Dry Cargo
Bulker lay-ups possible, says Navios
Athens: The worst dry cargo shipping market in 30 years could lead to increased lay-up of vessels, Angeliki Frangou, chairman…
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Europe
Containership grounded off Scottish coast to be rescued
London: Rescue operations are underway to free a DFDS Seaways containership grounded off the west coast of Scotland. Lysblink Seaways…
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Europe
UK-registered fleet continues to decline
London: The number of UK-registered ships is currently at its lowest level since 2006, according to figures from the UK’s…
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Americas
US oil workers’ strike may extend to Long Beach crude oil terminals
Los Angeles: The US port of Long Beach could be hit with more vessel congestion if workers at one of…
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Europe
Hedge fund ups its stake in Scorpio Bulkers
Monaco: Hedge fund Aristeia Capital has upped its stake in Scorpio Bulkers, US SEC filings show. The New York-based company now…
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Dry Cargo
Dry cargo market sends carriers on the road to ruin
London: China’s Winland Ocean Shipping last week filed for filed for Chapter 11 bankruptcy protection in the US, another casualty…
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Americas
Hamburg Süd agrees to purchase Chilean box carrier CCNI
Hamburg: Hamburg Süd has signed a sales and purchase agreement for the acquisition of the container liner services of Compañía…
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Dry Cargo
Weak dry market threatens small shipbroking companies
London: The weak dry cargo shipping market is threatening the earnings of smaller shipbroking companies, which are growing increasingly concerned that…
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Europe
Kanal Istanbul project takes shape
Istanbul: Turkey’s plans are taking shape for construction of the Kanal Istanbul, an artificial waterway built to bypass the Bosporus…
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Europe
Sungdong building suezmaxes for Kyklades Maritime
Athens: Greece’s Kyklades Maritime has ordered up to five suezmax vessels from South Korea’s Sungdong Shipbuilding & Marine Engineering. The…
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Containers
Cosmoship orders container vessels at DaeSun
Athens: Greece’s Cosmoship Management has placed orders for two 1,800-teu containerships, plus two options, at DaeSun Shipbuilding & Engineering in Busan, South Korea. DaeSun says it…
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Europe
Marnavi building two platform supply vessels in Turkey
Naples: Marnavi has ordered two further 4,000-dwt platform support vessels at the Selah shipyard, Turkey. The contracts are valued at…
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Europe
Jacob Stolt-Nielsen dies, aged 83
London: Jacob Stolt-Nielsen, founder of Norway’s Stolt-Nielsen group, has passed away aged 83. He passed away at home in Oslo…
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Europe
DP World London Gateway to build third berth
London: DP World’s London Gateway port is to build a third berth, which should be operational in the second half…
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Dry Cargo
Glencore extends timecharter of Diana Shipping panamax
Athens: Glencore Grain (Rotterdam) has extended its timecharter of a panamax bulker operated by New York-listed Diana Shipping. The Arethusa (73,593…
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Europe
Tsipras quells China’s queries over Piraeus port privatisation
Athens: The Greek prime minister Alex Tsipras has reassured his Chinese counterpart Li Keqiang that Greece still values Chinese foreign…
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Europe
Tsakos VLCC wins storage contract
Athens: A VLCC owned by New York-listed Tsakos Energy Navigation (TEN) has won a six-month storage contact from Petrobras. The…
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Europe
Major investor tells Stealthgas to boost shareholder value
Athens: One of Stealthgas’ major shareholders has told the chairman of the board that the LPG carrier owner must enhance shareholder…
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Europe
Turkish yard completes river pushboats for iron ore transport in S America
Istanbul: Turkish shipyard Uzmar Workboat and Tug Factory has completed six of eight shallow-draft river push boats on order for…
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Dry Cargo
Bulker runs aground off Greece, crew rescued
Athens: Bad weather has caused a Cyprus-flagged bulker to run aground off the Greek island of Andros, the Greek coastguard…
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