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Europe
Pioneer Marine ends commercial management agreement with BaltNav
Handysize dry bulk specialist Pioneer Marine has reached a mutual agreement with Danish operator BaltNav to cease their cooperation, the…
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Containers
Weekly Broker: Deals pick up pace
The overall firm performance of the dry bulk shipping sector has continued to strengthen investor confidence in the secondhand bulker…
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Europe
Seatankers acquires four resale PSVs from Fujian Mawei
John Fredriksen’s Seatankers Management has signed an agreement with China’s Fujian Mawei Shipbuilding today for the acquisition of four resale…
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Americas
Genco secures $460m refinancing
US bulker owner Genco Shipping & Trading has entered into a commitment letter for a five-year $460m senior secured credit…
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Europe
Hapag-Lloyd gives Rolf Habben Jansen five more years
Hapag-Lloyd has extended the contract of CEO Rolf Habben Jansen for a further five years until March 31, 2024. Jensen…
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Greater China
Yudean Shipping charters panamax bulker from Fujian Shipping Group
Guangdong Yudean Shipping, the shipping unit of state run power enterprise Yudean Group, has signed an agreement with Fujian Shipping…
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Europe
DOF Subsea secures contract extension
Norwegian subsea vessel operator DOF Subsea has been awarded a contract extension of one of its subsea vessels from an…
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Europe
SMT Shipping and CSL form cement shipping jv
Cyprus-based bulk shipping operator SMT Shipping and Canadian owner CSL Group have entered into an agreement for CSL to acquire…
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Asia
Asahi Marine tanker catches fire off South Korea
Product tanker caught fire near South Korea’s Tongyeong Island yesterday morning. The incident occurred when the vessel was carrying 4,700…
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Asia
FSL Trust in discussions to refinance chemical tanker pair
Singapore shipping trust FSL Trust Management says it is currently in negotiations with banks regarding the refinancing of chemical tankers…
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Greater China
China disputes Iranian claims over the Sanchi disaster
Chinese officials have refused to confirm that a Hong Kong-flagged bulker was to blame for the worst tanker accident this…
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Europe
MSC signs 30-year Khalifa Port concession agreement
Mediterranean Shipping Company (MSC) has signed a 30-year concession agreement with Abu Dhabi Ports to set up a new container…
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Asia
Okouchi Kaiun and Fukuji Kisen order ultramaxes at Cosco Dalian Shipyard
Japanese owners Okouchi Kaiun and Fukuji Kisen have each placed an order at China’s Cosco Dalian Shipyard for a single…
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Greater China
CNOOC awards Liuhua FPSO construction contract to Beihai Shipbuilding
Chinese state-run energy giant China National Offshore Oil Corporation (CNOOC) has awarded a contract to CSIC-affiliated Beihai Shipbuilding Industry for…
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Greater China
AVIC orders panamax bulker pair for Shandong Shipping at Jinling Shipyard
Chinese financial leasing firm AVIC International Leasing has placed an order at Sinotrans & CSC affiliated Jinling Shipyard for the…
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Greater China
Shanghai Stock Exchange questions Ningbo Marine restructuring
Shanghai Stock Exchange (SSE) has written to dry bulk shipping operator Ningbo Marine, requesting explanations on several issues regarding the…
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Greater China
China bans foreign ships heading for scrap
China, which has led the world in green ship recycling, is shutting its doors to foreign ships heading to its…
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Asia
Zodiac adds four 14,300 teu boxships at Hyundai Heavy Industries
Eyal Ofer’s Zodiac Maritime has placed an order at South Korean shipyard Hyundai Heavy Industries (HHI) for the construction of…
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Asia
Kumiai Navigation orders another LPG carrier at Sasaki Zosen
Singapore-based Kumiai Navigation is continuing the expansion of its LPG carrier fleet, having ordered another LPG carrier at Japanese yard…
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Europe
Top Ships secures extension for MR tanker from BP
Greek tanker owner Top Ships has secured a contract from BP Shipping to extend the firm period of time charter…
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