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Greater China
Yangzijiang wins order for up to 10 newcastlemaxes
China’s growing array of leasors are adding to the global bulker orderbook. Clarkson Research reports in its latest weekly report…
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Asia
Many dead as bunker tanker collides with fishing vessel off Incheon
In the worst South Korean maritime disaster since the dreadful sinking of the Sewol in 2014 a bunker tanker collidied…
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Europe
Seatankers embroiled in court battle over ex-employee’s bonus pay
Norwegian newspaper Finansavisen is reporting John Fredriksen’s Seatankers Management is engaged in a legal battle over the scale of a…
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Dry Cargo
Axing of Baltic Handysize Index will cause ‘a lot of grief’
In arguably the biggest changes to the Baltic Exchange since it came under new Singaporean ownership last year, the Baltic…
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Europe
Torm gets green light for Nasdaq dual listing
Danish owner Torm has got the necessary approval from New York to proceed with a dual listing on the Nasdaq.…
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Europe
Oil washes ashore from wrecked Lomar boxship
The French High Commissioner in New Caledonia, Thierry Lataste, has confirmed that fuel was spilled when the stranded containership broke…
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Europe
Bulker set for auction after 13-month court battle in Jamaica
The Malta-registered bulk carrier will finally be auctioned off on January 8 after spending more than a year in Kingston…
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Asia
Cosco takes another berth in Singapore
Cosco Shipping Ports is taking another berth in Singapore. The third berth at joint venture Cosco-PSA Terminal will launch next…
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Bunkering
ICS warns traditional bunker suppliers could be out of a job within 25 years
Marine bunker suppliers should anticipate that there may no longer be significant demand for fossil fuels from shipping within as…
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Europe
Giant SMM survey reveals one in three owners are readying orders
With 10 months to go until the world’s largest shipping exhibition reconvenes, the organisers of SMM have carried out a…
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Asia
Pan Ocean in for six VLOCs
Pan Ocean has sealed a series of contract of affreightments with Brazilian miner Vale and is ordering six very large…
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Dry Cargo
Cape market ‘on fire’: Fearnleys
Norwegian brokers Fearnleys describe the capesize sector as “on fire” at the moment in its latest weekly report. “Weather delays…
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Europe
Data stolen as Clarksons is hit by cyber attack
Clarksons, the world’s largest shipbroker, has been hit by a cyber attack, and has called in the police to investigate…
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Asia
Sungdong on the verge of liquidation
Sungdong Shipbuilding & Marine Engineering from South Korea, once upon a time a top 10 yard globally, now stands on…
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Asia
Tanker trio sale sees ugly abandonment spat come to a close
An ugly impasse involving three ships managed by Singapore-headquartered Elektrans is coming to an end, with the vessels being sold…
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Europe
CMB eyes hydrogen-powered boxships
European shipping giant Compagnie Maritime Belge (CMB) has debuted its own hydrogen-powered vessel, a first step it says on the…
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Asia
Pioneering VDR test brings MOL a step closer to operating ships remotely
Japan’s Mitsui OSK Lines (MOL) said today pioneering work with a voyage data recorder (VDR) on one its ships had…
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Europe
Euronav sells elderly suezmax
Belgian tanker giant Euronav has offloaded one of its oldest suezmaxes. The 1998-built fetched $9.3m and was delivered to its…
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Greater China
Cosco overhauls Maersk into top spot in container liftings
Cosco’s all out assault to become the world’s top containerline is yielding results. Analysts at Alphaliner report that Cosco, aided…
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Greater China
Iceberg Research urges for management clear-out at Noble Group
In an open letter to Noble Group’s creditors, Iceberg Research has called for a clear out of top management to…
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