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Middle East
Tristar gets $100m investment from Kuwait
Kuwait-based Gulf Investment Corporation (GIC) has bought a $100m equity stake in UAE-based Tristar Group. Tristar will use the funds…
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Asia
Sri Lanka to liberalise shipping sector
The Sri Lankan government is looking to mirror Singapore in liberalising its freight transport sector in a bid to become…
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Environment
‘We will not compromise on our survival’: Marshall Islands responds to ICS criticism
The republic of the Marshall Islands has hit back at claims it is being both inflexible and unrealistic in its…
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Europe
DVB boss says yards are to blame for shorter cycles
A leading name in ship finance circles has said natural shipping cyclicality has been disturbed by several factors, principally shipyards’…
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Europe
Brexit could see 9 km tailbacks at Dublin port
Ireland’s largest port is bracing itself for severe logistical headaches in the wake of its neighbour, the UK, leaving the…
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Americas
Appetite growing for dual fuel engine retrofits
American owner Tote has tapped MAN Diesel & Turbo to convert two ships deployed in Alaska – North Star and…
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Europe
Europe told to reduce administrative burden on shipping
At the Digital Transport Days in Tallinn yesterday, the European Community Shipowners’ Association (ECSA) and the European Transport Workers’ Federation…
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Asia
Nine local names rally around embattled Marco Polo Marine
Nine Singapore entities have put together a S$60m ($44m) rescue fund to try and bail out locally listed offshore firm…
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Asia
Sembcorp Marine looks to the future with drones, 3D printing and digital twins
Singapore shipbuilder Sembcorp Marine, along with DNV GL, A*STAR’s Singapore Institute of Manufacturing Technology (SIMTech) and the National Additive Manufacturing…
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Environment
Report urges ship financiers to focus more on climate risk assessments
A report out this week urges ship financiers to move together in creating a global standard for maritime-specific climate risk…
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Europe
Engie sells LNG shipping business to Total
Two French energy giants have reached an entente cordiale for a very significant $2bn LNG assets sale. Engie, formerly known…
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Europe
Malaviya Seven crew finally heading home
The last men onboard the detained OSV are heading home from Aberdeen to India after a buyer was found for…
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Environment
ICS lashes out at ‘unrealistic’ Marshall Islands emission cut proposals
The huge divergence on shipping’s CO2 emission promises spilled out onto social media this morning as the chief lobbyist for…
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Europe
MSC’s giant newbuilds break into the 23,000 teu territory
MSC’s record-breaking order for 11 giant boxships in South Korea are larger than initially reported. Analysts at Alphaliner believe the…
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Europe
CMA CGM confirms its 22,000 teu newbuilds will feature LNG-fuelled engines
CMA CGM has confirmed what Splash readers already knew for the past three months. Its nine giant 22,000 teu ships…
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Americas
Wilbur Ross offloads Diamond S stake and readies Navigator sale
The under fire American commerce secretary Wilbur Ross has sold his stake in Diamond S Shipping, but has yet to…
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Regulatory
IMO eyes major port state control shake up
In a significant shake up for port state control regimes, the black, grey and white lists could be sent to…
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Europe
Cyber attack hit Maersk’s volumes, utilisation and unit cost performance
The cyber attack that brought Maersk to its knees in June has dampened full year financial expectations drastically. The Danish…
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Europe
ICS favours Japan’s emissions cut targets
The International Chamber of Shipping (ICS) is representing the world’s national shipowners’ associations and over 80% of the world merchant…
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Europe
German government backs upcoming shipping decarbonisation summit
The German government has backed an industry-led action plan to decarbonise shipping. The German Federal Ministry for the Environment, Nature…
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