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Operations
Jeff Bezos urged by shipping bodies to support stranded seafarers
Shipping bodies BIMCO, Intercargo, International Chamber of Shipping (ICS) and Intertanko have jointly penned a letter to Amazon boss Jeff…
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Operations
Pirates kidnap 10 crew from general cargo vessel in Gulf of Guinea
Priacy in the Gulf of Guinea region continues to escalate with another 10 crew reportedly kidnapped from a general cargo…
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Tech
ABS and DSME partner up on solid oxide fuel cell development
Classification society ABS and South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) have signed a joint development project (JDP)…
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Tankers
Greek aframax tanker hit by explosive device in Saudi Arabia
The Maltese-flagged aframax tanker vessel , operated by George Economou’s TMS Tankers, was reportedly struck by an explosive device at…
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Operations
Weekly Broker: Dry bulk finally bottoms out
The secondhand bulk sale and purchase saw a fruitful week with a large number of ships changing hands with almost…
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Asia
Japanese entities join forces on hydrogen marine fuel development
A group of Japanese companies and institutions have teamed up for the research and development of hydrogen fuel for commercial…
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Offshore
Shearwater GeoServices awarded 4D survey by Petrobras
Offshore seismic service provider Shearwater GeoServices has been awarded a major ocean bottom node 4D baseline survey by Petrobras over…
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Operations
BIMCO to set up London office
BIMCO, one of the world’s largest shipping organisations, will open a new office in London at the beginning of 2021.…
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Tankers
Frontline seals $485m refinancing
John Fredriksen’s Frontline has entered into three senior secured term loan facilities for a total of up to $485.2m. The…
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Shipyards
Fincantieri to build new ship repair yard in Mexico
Italian shipbuilder Fincantieri has signed a letter of intent with the Ministry of Economic Development and Labour of the Yucatán State…
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Operations
Two customs officials charged over deadly Beirut port blast
A Lebanese prosecutor has filed charges against current and former customs officials over the deadly explosion at the Port of…
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Bunkering
Uniper Energy and Neutral Fuels team up to provide biofuels at Fujairah
German energy firm Uniper Energy, through its marine fuel unit Uniper Energy DMCC (UED), has formed a partnership with UAE-based…
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Tankers
India looks to double oil refining capacity in next five years
India is planning to double its oil refining capacity in the next five years, the country’s prime minister Narendra Modi…
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Operations
Rongsheng Holding forms strategic partnership with Cosco
Chinese private petrochemical group Zhejiang Rongsheng Holding has signed a framework agreement with state-run shipping conglomerate Cosco Shipping Group to…
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Tankers
Monjasa buys chemical tanker from Golden-Agri Stena
Danish marine fuels company Monjasa has announced the acquisition of a 2009-built 9,200 dwt chemical tanker from Golden-Agri Stena, a…
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Offshore
Maersk Drilling secures $100m Suriname contract with Total
Maersk Drilling has received a conditional letter of award from Total E&P for the supply of two drilling units, semi-submersible…
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Operations
Three crew confirmed kidnapped from bunkering vessel
Three crewmembers are confirmed to have been kidnapped by pirates from the Togo-flagged bunkering vessel which was boarded last week,…
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Offshore
Archer awarded North Sea contract by Aker BP
Archer has been awarded a five-year contract by Aker BP, with an additional three-year extension option, for the provision of…
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Containers
Kanway Line orders up to four feeder boxships at Huangpu Wenchong
Kanway Line has placed an order at CSSC-affiliated Huangpu Wenchong Shipbuilding for the construction of up to four 1,900 teu…
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Renewables
AqualisBraemar takes over LOC Group
Norwegian marine engineering consultancy AqualisBraemar has entered into an agreement to acquire London-based counterpart LOC Group. Following completion of the acquisition,…
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