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Europe
Topaz orders two additional module carriers at Vard
Norwegian offshore shipbuilder Vard Holdings has secured a contract for the design and construction of two module carrier vessels for…
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Contributions
Tanker torpor
What would it take to see VLCC rates pick up again? Jason Jiang explores. The VLCC market has taken a…
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Europe
DOF sells subsea vessel
DOF Subsea has agreed to sell its subsea support vessel to a new joint venture being formed by Akastor’s AKOFS…
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Asia
Otto Marine takeover complete, to delist from SGX next week
RHB Securities Singapore has announced that it has, for and on behalf of Ocean International Capital, received valid acceptance for…
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Europe
Deutsche Offshore Consult secures extension from Ocean Breeze Energy
Deutsche Offshore Consult (DOC) has secured a contract extension from Ocean Breeze Energy to manage vessels working at the Bard…
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Greater China
Stranded containership leaking oil off Taiwan
A containership which was owned by defunct Hong Sheng Gai Tai Shipping, , has started leaking oil after being stranded…
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Americas
Rand Logistics brings bulker out of layup
Rand Logistics, a bulk shipping services provider throughout the Great Lakes region, has announced that its previously laid up bulk…
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Europe
Avance Gas offloads LNG carrier
Oslo-listed Avance Gas Holding has announced an agreement for the sale of its LNG carrier Gaea. While the buyer has…
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Greater China
Chengxi Shipyard secures floating dry dock order
Hawaii-based Pacific Shipyards International has signed a contract with CSSC-affiliated Chengxi Shipyard for the construction of a 7,500LT floating dry…
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Europe
TGS and Petroleum Geo-Services jointly acquire Dolphin library
Norwegian seismic firms TGS and Petroleum Geo-Services (PGS) have announced that they have agreed to jointly acquiring the majority of…
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Asia
Otto Marine withdraws Hoe Leong liquidation application
Heavy equipment supplier and vessel charterer Hoe Leong Corporation has announced that Otto Marine has withdrawn an application to wind…
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Europe
Polarcus awarded seismic work in Australia
Polarcus has announced that the company has received a letter of award for 3D marine seismic acquisition in Australia. The…
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Offshore
Neptune secures offshore contract from Repsol Sinopec Resources
Australian offshore engineering company Neptune has secured a framework agreement with Repsol Sinopec Resources UK to supply a range of…
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Europe
Det Norske, Subsea 7 and Aker Solutions form subsea alliance
Det Norske, Subsea 7 and Aker Solutions have formed an alliance combining Det Norske’s exploration and production expertise with Subsea…
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Americas
Ardmore Shipping completes debts financing and vessel sale
Ardmore Shipping has announced that the company has taken delivery of the first three of six product tankers that it…
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Americas
Anadarko spends $2bn on Freeport McMoRan deepwater assets
Anadarko Petroleum has entered into a definitive agreement to acquire the deepwater Gulf of Mexico assets of Freeport McMoRan Oil…
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Asia
Kumiai Senpaku adds third asphalt carrier at Chengxi Shipyard
Japanese owner Kumiai Senpaku has signed shipbuilding contract with CSSC-affiliate Chengxi Shipyard for the construction of a 37,000dwt asphalt carrier.…
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Asia
Sinanju Tankers orders bunker tanker pair at Shenzhou Shipbuilding
Singapore bunker tanker operator Sinanju Tankers has signed shipbuilding contracts with Zhejiang Shenzhou Shipbuilding for the contruction of two 6,000dwt…
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Contributions
Boxport model of relentless expansion is over
Jason Jiang argues container terminal returns have peaked and are unlikely to grow quickly again. Cast your mind back 10…
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Greater China
Cosco sells five boxships for scrap
Cosco Holdings has announced the sale of five containerships for scrapping as part of its fleet optimization plan. The total…
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