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Middle East
Iraqis defuse mine on Dynacom suezmax
Bomb defusal experts successfully removed an explosive device stuck to the hull of a tanker near the Iraqi port of…
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Dry Cargo
Egyptian grains giant to develop own fleet
The Egyptian government has given the go-ahead for state-run grains buyer, the General Authority for Supply Commodities (GASC) to co-found…
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Operations
Sri Lanka’s offshore crew transit hub gains traction
A public-private partnership that has been approved by the Sri Lanka government to carry out crew changes through an offshore…
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Greater China
Just four crew found as bulk carrier sinks off Zhoushan
Two people have died and seven others remain missing after a bulk carrier with 13 crew onboard sank yesterday off…
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Asia
Maersk tops green liner poll, PIL in last place
Warsaw-based maritime and climate change organisation Gliese Foundation has crowned Maersk as the best global liner in terms of its…
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Containers
Boxship charter rates hit highs not seen since just before Lehman Brothers collapsed
Charter rates for box ships now stand at highs not seen since the summer before Lehman Brothers collapsed, according to…
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Gas
BW’s Epic Gas takes over Lauritzen Kosan fleet, creates $900m LPG powerhouse
LPG carrier operator Epic Gas has entered into an agreement with Lauritzen Kosan, the gas carrier unit of J. Lauritzen,…
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Operations
Sumitomo spins off its ship trading business
Effective April 1 next year Japanese trading house giant Sumitomo Corporation is spinning out its ship trading business to a…
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Tankers
Two in, one out at Ridgebury
It’s a case of two in, one out this Christmas for Ridgebury Tankers with multiple broking reports suggesting the Bob…
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Containers
Wan Hai’s buying charge continues with Eastern Pacific purchase
Wan Hai Lines is now emerging as one of the most aggressive buyers of post panamax tonnage and are now…
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Operations
IACS changes structure
The International Association of Classification Societies (IACS) is changing its governance model. The old way which saw the CEO of…
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Containers
MSC and ONE linked to 23,000 teu newbuilds
The year is closing out with some huge containership orders with multiple broking reports linking Ocean Network Express (ONE) and…
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Shipyards
VLCC and LNG carrier orders flood in to Hyundai Heavy
Hyundai Heavy Industries is having a fine end to a tough year, hauling in a host of new orders. Hyundai…
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Environment
A.P. Møller Holding invests in Danish green hydrogen producer
A.P. Møller Holding is investing EUR20m via a convertible loan into Denmark’s Green Hydrogen Systems, one of the country’s leading…
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Operations
Canadian government under pressure to address crew change stance
The Canadian government is refusing to address glaring holes in how it handles crew changes. A letter from 12 trade…
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Operations
Last refinery in the Philippines shutters
The last refinery working in the Philippines will close next month. Petron said the decision to close its loss-making 180,000…
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Operations
Splash Annual Review: Running fast towards new horizons
In hindsight, peak pandemic ennui hit our household here in southern France on Sunday, April 26. Shorn of regular pastimes…
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Operations
MOL comes clean on how this year’s most high profile shipping accident occurred
Japanese shipping major Mitsui OSK Lines (MOL) today came clean on what most in the industry already knew – the…
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Operations
UN agency finds governments in breach of international law, urges quick fix to the crew change crisis
In a landmark ruling the International Labour Organisation (ILO) has found that governments have breached seafarers’ rights and failed to…
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Tankers
Grieg Star jumps to the front of the green ammonia queue with Wärtsilä
A Norwegian consortium has jumped to the head of the queue to build the world’s first green ammonia-fuelled tanker. Grieg…
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