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Greater China
CSSC appoints new chairman
Chinese shipbuilding conglomerate China State Shipbuilding Corporation (CSCC) has announced the appointment of Lei Fanpei as the new chairman of…
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Asia
K Line offloads stake in Daito Corporation
Japan’s Kawasaki Kisen Kaisha, (K Line) has decided to sell the assets of its subsidiary Daito Corporation. K Line said…
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Greater China
Beibu Gulf Shipping charters five newcastlemax newbuilds from CDB Leasing
Hong Kong-based Beibu Gulf Shipping, the shipping unit of Guangxi Beibu Gulf Port Group, has entered into a long term…
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Europe
TechnipFMC secures series of new contracts
Offshore specialist TechnipFMC has secured a series of new contracts for works at three separate offshore fields. The company has…
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Europe
Bertram Rickmers takes feedermax options at Mawei Shipbuilding
Bertram Rickmers’ privately owned Asian Spirit Steamship has executed an option for the contruction of two 1,162 teu feeder containerships…
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Middle East
DP World secures 30-year concession for Congo port
Port operator DP World has won a 30-year concession for the management and development of a multi-purpose port project in…
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Asia
Polaris rocked by another safety fault
Just ahead of the first anniversary since the high profile sinking of its VLOC Stellar Daisy, South Korea’s Polaris Shipping…
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Dry Cargo
Noble Group hit by $260m lawsuit in Indonesia
Hong Kong-headquartered commodity trader Noble Group has announced that PT Atlas Resources, an Indonesian coal trader, has filed a lawsuit…
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Europe
Garthcliff Shipping acquires first vessel
UK-based Garthcliff Shipping has acquired its first vessel, the 2001-built feeder containership , from German owner Norddeutsche Reederei. The acquisition…
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Europe
Drillship deployed as diplomatic spat in the Mediterranean intensifies
The tension between Turkey and Cyprus over the exploitation right of natural gas reserve off Cyprus is set to intensify…
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Containers
Weekly Broker: Bulker appetite cools
Owners’ passion for secondhand bulk carriers cooled down a bit with lower transaction volumes this week, while interest for feeder…
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Americas
Dorian LPG secures another Japanese sale and leaseback
Gas carrier operator Dorian LPG has entered into a $70m sale and bareboat charter arrangement for 2015-built VLGC . It…
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Asia
Otto Marine placed under judicial management
The High Court of Singapore has approved an application by financially trouble OSV operator and shipbuilder Otto Marine to be…
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Asia
Sapura Energy awarded EPCIC contract by Mubadala Petroleum
Malaysian offshore services provider Sapura Energy has been awarded a contract by Mubadala Petroleum to undertake engineering, procurement, construction, installation…
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Europe
Star Bulk and Eco Marine Power collaborate on renewable energy study
Greek dry bulk giant Star Bulk has signed a memorandum of understanding with Japan’s Eco Marine Power (EMP) to jointly…
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Europe
Oceanteam initiates debt for equity restructuring
Dutch offshore service provider Oceanteam has decided to start a restructuring of the company’s capital structure. The company said the…
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Europe
GC Rieber Shipping wins court case with former employees
Norway’s GC Rieber Shipping has announced that Bergen District Court has ruled in the company’s favour in a court case…
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Asia
STX labour union protests against rescue plan
The labor union of South Korea’s STX Offshore & Shipbuilding has decided to stage a strike in protest against the…
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Europe
Odfjell Drilling secures semi-submersible option from Statoil
Norwegian drilling contractor Odfjell Drilling has announced that Statoil has exercised its third option on semi-submersible drilling rig . The…
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Greater China
Zhuhai Port Shipping and Success Network form bulker joint venture
Zhuhai Port Shipping, the shipowning entity of Zhuhai Port, has announced a plan to form a shipping joint venture with…
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