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Europe
Tufton Oceanic takes MCC boxship pair
Fast growing private equity concern Tufton Oceanic has made its first vessel acquisitions of the year. Brokers Braemar ACM are…
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Middle East
Simatech in for Wenchong container orders
UAE-based boxship operator Simatech Shipping has signed an LOI for two plus two tier III 2,800 teu ships at Guangzhou…
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Asia
Crew stranded at Kandla for the last year close to going home
Crew stranded on two UAE-controlled product tankers in India are close to finally getting home after a traumatic year. A…
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Greater China
Noble secures lifeline despite impending $5bn loss
Embattled Hong Kong commodities house Noble Group has reached a deal with senior creditors and ING as fronting bank for…
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Europe
Maersk quietly signs for two more 15,226 teu ships
Despite preaching to its peers for restraint at Asian yards, it has emerged Maersk Line, the world’s largest containerline, has…
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Asia
MOL kicks off handymax fleet rejuvenation programme
Japanese bulker specialist Oshima Shipbuilding has won an order from compatriot Mitsui OSK Lines (MOL) for three 56,000 dwt handymaxes.…
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Asia
Pirates repelled by boiling water
The crew of a ship passing through the southern Philippines repelled a pirate attack on Friday using boiling water mixed…
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Europe
Greek owner pays $166,000 in crew pay arrears to get car carrier into gear
Another crew neglect case has been resolved. Splash reported at the start of the month on the plight of Ukrainian…
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Tankers
Banaszkiewicz and FIS set out to shake up tanker FFAs
Sparks are set to fly when the Baltic Tanker FFA Brokers’ Association meets today with John Banaszkiewicz from Freight Investor…
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Asia
Narendra Modi calls for greater maritime investment
Singapore terminal operator PSA International officially opened its terminal at India’s top boxport on Sunday with Indian prime minister Narendra…
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Greater China
Cosco overtakes BBC Chartering to become the largest multipurpose operator in the world
Guangzhou-based Cosco Shipping Specialized Carriers has taken over, not for the first time, from BBC Chartering as the world’s largest…
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Europe
Norwegian shipmanagement venture launched to fight competition from Asia
Norwegian companies Jebsens and Seatrans have formed a third-party shipmanagement joint venture called 7Mountains Maritime. The pair said the venture…
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Asia
Foresight reenters VLCC trades, taking elderly Frontline tanker
With a view on India’s ballooning imports of oil Ravi Mehrotra’s Foresight Group has returned to the VLCC trades. Foresight…
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Middle East
Tank cleaning under the spotlight off Fujairah
Tankers passing by the port of Fujairah in the UAE have been warned authorities are on the look out for…
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Europe
Wallenius Wilhelmsen Logistics doubles footprint at Zeebrugge port
Wallenius Wilhelmsen Logistics (WWL) has signed a concession agreement with the Port of Zeebrugge, the largest roro port in the…
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Dry Cargo
BIMCO names its top three performing bulk terminals
The three best performing dry bulk terminals in the world are Santander and Bilbao in Spain and Quebec in Canada,…
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Europe
Maersk hits out at severe levels of corruption across maritime
Maersk has publically hit out at the “severity of corruption in the maritime sector” and has called on greater cross-industry…
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Asia
Acetylene leak suspected in deadly Cochin Shipyard blast
Officials are increasingly thinking a welding accident was behind Tuesday’s blast at India’s Cochin Shipyard, which killed five workers and…
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Asia
ICS ‘very concerned’ by new Indonesian cabotage ruling
The International Chamber of Shipping (ICS) has urged Southeast Asia’s largest country, Indonesia, to ease its cabotage laws. Peter Hinchliffe,…
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Europe
Giant new Saudi yard to make a splash at Posidonia
Saudi Aramco, Saudi Arabia’s state oil company, and its partners Lamprell, the National Shipping Company of Saudi Arabia (Bahri) and…
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