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Gas
Shell signs charters for six newbuild LNG carriers
Shell has entered into separate agreements with Knutsen LNG, Korea Line Corporation, and ICBC Financial Leasing and institutional investors advised by JP…
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Gas
Avance Gas offloads VLGC
Norwegian LPG carrier operator Avance Gas has announced the sale of the 2003-built VLGC to an undisclosed buyer for a…
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Offshore
OHT orders up to four wind farm installation vessels at China Merchants Heavy Industry
Norwegian heavy lift transport specialist OHT has returned to China Merchants Heavy Industry for the construction of four wind farm…
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Gas
LNT Marine, Wuhu Shipyard and SDARI partner up on LNG carrier design
David Wu’s marine technology unit LNT Marine has signed with China’s Wuhu Shipyard and Shanghai Merchant Ship Design & Research…
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Gas
Global Energy Ventures signs CNG power project in Brazil
Australian compressed natural gas developer Global Energy Ventures (GEV) has entered into a joint development agreement with Porto Norte Fluminense…
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Bunkering
KPI Bridge Oil and OceanConnect Marine complete merger
KPI Bridge Oil and OceanConnect Marine have formally completed a merger to create new brand and entity KPI OceanConnect. The…
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Offshore
Axxis Geo Solutions to cut onshore headcount by 20% as part of cost reduction plans
Offshore survey service provider Axxis Geo Solutions has announced that the company will transition to a reduced operational mode following its…
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Shipyards
CSBC chairman takes pay cut until company returns to profit
Cheng Wen-Lon, the chairman of Taiwan’s flagship shipbuilder CSBC Corporation, has voluntarily taken a major salary cut in order to…
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Shipyards
Crane collapses at Hindustan Shipyard, 11 killed
A crane collapse occurred at India’s Hindustan Shipyard on Saturday, resulting in the death of 11 workers. The incident happened…
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Offshore
Borr Drilling secures work for three warm stacked rigs
Offshore driller Borr Drilling has entered into new contracts and letters of intent for three of its currently warm stacked…
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Regulatory
Misuga Kaiun fined for cover up of oily water discharge
Japanese shipping company Misuga Kaiun was fined by a federal court in the US for activities violating the Act to…
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Offshore
OHT awarded wind farm heavy lift transportation contract
Heavy lift shipping specialist OHT has secured a contract for the transport and installation of foundations for the first phase…
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Containers
Capital Product Partners secures new charter contracts
Greek owner Capital Product Partners has recently secures new contracts and extensions for five vessels in its fleet. The partnership…
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Offshore
Polarcus awarded 3D project
Dubai-based seismic service provider Polarcus has secured a letter of intent for 3D seismic data acquisition services in Asia Pacific.…
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Gas
Adnoc Wanhua joint venture orders VLGC trio at Jiangnan Shipyard
AW Shipping, a shipping joint venture set up by UAE’s Abu Dhabi National Oil Company (Adnoc) and China’s Wanhua Chemical, has…
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Finance and Insurance
Jiangsu Financial Leasing and Zhejiang Shipping Exchange form ship financing partnership
Jiangsu Financial Leasing and Zhejiang Shipping Exchange have entered into a partnership agreement to collaborate on ship financing. The two…
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Dry Cargo
Cosco inks bauxite shipping agreement with SPIC Aluminum
Cosco Shipping Bulk, the bulk shipping unit of Cosco Shipping Group, has entered into framework agreement with state-run SPIC Aluminum…
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Dry Cargo
Australia bans Chinese bulker for underpaying crew
The Australian Maritime Safety Authority (AMSA) has banned the 2010-built 93,200 dwt post panamax bulker from Australian ports for 12…
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Ports and Logistics
Zhuhai Port moves to acquire Xinghua Port
China’s Zhuhai Port has announced that it has proposed an offer to all the shareholder of Hong Kong-listed river port…
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Operations
Weekly Broker: Dry bulk bottoms out
Dry bulk looks like it has finally bottomed out this week, but owners have been slow to follow up with…
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