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Europe
Seatrade execs face prison and fines over botched ship scrapping
Six officials working for Dutch reefer firm Seatrade will appear at a court in Rotterdam today, charged with sending old…
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Europe
Marinvest fuels up on more methanol carriers
Marinvest Shipping from Sweden is in for more methanol carriers. The ship investment vehicle has been identified by brokers as…
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Asia
HMM’s net loss for 2017 balloons to more than a billion dollars
South Korea’s leading line Hyundai Merchant Marine (HMM) issued its unaudited results for 2017 today with the red ink flowing…
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Europe
Sir Michael Bibby stepping down from family shipping line
Sir Michael Bibby is stepping down from his family firm, Bibby Line Group, with a global search now on to…
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Europe
Ammar Kanaan takes over at MSC’s ports arm
MSC has appointed Ammar Kanaan as CEO of its ports arm, Terminal Investment Limited (TiL), effective from April 9. Kanaan…
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Europe
Del Monte says yes to Wenchong box pair
Del Monte International, the Monaco division of the famous fruit and vegetable producer, is being linked by brokers to a…
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Europe
Sovcomflot taps Sberbank for finance
Russia’s biggest lender Sberbank and the country’s largest shipping company Sovcomflot have signed a 14-year project finance agreement worth $106m.…
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Europe
Schulte gets approval for Pronav takeover
Hamburg-based Schulte Group has received clearance by the German Federal Cartel Office for the acquisition of the LNG specialist Pronav…
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Asia
HMM poised to order 20 giant boxships
Multiple sources in South Korea are now reporting that Hyundai Merchant Marine (HMM) will very shortly put pen to paper…
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Containers
McKinsey slams liners for destroying shareholder value, predicts more consolidation
The container shipping industry is expected to continue to struggle with overcapacity and an inability to deliver value to shareholders,…
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Asia
BW back at DSME for LNG pair
BW LNG has placed an order for two 173,400 cu m LNG carriers at its favoured yard in South Korea,…
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Bunkering
IMO’s latest bunker ruling could boost scrubber adoption
The International Maritime Organization (IMO) has agreed to move forward with a prohibition on the carriage of fuel oil for…
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Europe
Spinnaker recruits Jon Chaplin to lead executive search
Recruitment firm Spinnaker Global has named Jon Chaplin as director of executive search. Chaplin, 51, joins from TradeWinds where he…
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Americas
US truck driver shortage problem predicted to worsen
Online freight forwarder iContainers says that the truck driver shortage problem plaguing the US at the moment is set to…
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Europe
Maersk eyes more acquisitions
A.P. Moller – Maersk has hinted at further acqusitions, even as it prioritises the smooth integration of new addition Hamburg…
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Europe
Bottiglieris dismiss Zagari’s ‘misleading statements’
The battle for control of debt laden Italian line Giuseppe Bottiglieri Shipping Company (GBSC) is getting more heated. Despite a…
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Asia
HMM ties the knot with MSC, Hapag-Lloyd and ONE for three South American services
Post-restructuring Hyundai Merchant Marine (HMM) has been keen to develop business lines in partnerships wherever possible. Its latest breakthrough was…
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Europe
IMO signs sustainable shipping pact with European Bank for Reconstruction and Development
The International Maritime Organization (IMO) has signed a new partnership agreement with the European Bank for Reconstruction and Development (EBRD).…
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Asia
Evergreen in for eight Samsung 12,000 teu ships
Splash can reveal that Evergreen has put pen to paper for eight 12,000 teu boxships at Samsung Heavy Industries in…
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Europe
Guy Platten to succeed Peter Hinchliffe at the International Chamber of Shipping
Guy Platten has confirmed via Twitter he has been selected to replace Peter Hinchcliffe at the International Chamber of Shipping (ICS). Platten,…
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