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Europe
Maersk still not back to normal three weeks on from Petya attack
Three weeks on from the day Maersk was hit hard by the Petya ransomware and business is still not 100%…
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Asia
SM Line pays $24m for 2006-built post-panamax
SM Line, the new South Korean carrier, continues its rapid fleet expansion. Founded by the Samra Midas Group last December,…
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Greater China
Tungs remain active in the MR tanker sphere
In the wake of lining up the sale of their containerline, Hong Kong’s Tung family are keeping active in the…
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Asia
Five Swissco vessels sold
The judicial managers of bust Swissco Holdings have found buyers for five OSVs for $11.2m. The 2013-built accommodation workboat Swissco…
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Europe
Nordic Hamburg offloads bulker pair
Active owner Nordic Hamburg Shipping continues to rejig its fleet with brokers noting it has sold a pair of recently…
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Americas
CSL takes second handy of the year
Canadian outfit CSL Group has pounced on the Japanese controlled handysize bulker , paying Yahata Trader $8.5m for the seven-year-old…
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Asia
Japanese flock for Hyundai Vinashin MRs
Hyundai Vinashin in northern Vietnam has signed a contract for a series of five 50,000 dwt MR product tankers from…
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Africa
MSC settles with Mogadishu over internet outage
A ship that switched the internet off for the whole of Somalia faces a large bill from Mogadishu. The feeder…
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Greater China
Leap in Chinese overseas port investments
China’s spending on overseas ports has doubled in the past 12 months as state-backed firms lead Beijing’s Belt and Road…
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Europe
Boss of defunct Dynamic Oil Trading charged with fraud
Denmark’s state prosecutor charged Lars Moller, the former manager of OW Bunker’s Singapore subsidiary, with fraud on Thursday. OW Bunker…
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Europe
Fredriksen ups stake in Solstad Farstad
John Fredriksen’s private family investment vehicle Hemen Holding has bolstered its stake in new merged OSV firm Solstad Farstad. Hemen…
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Europe
Angelicoussis returns to DSME for more VLCCs
Daewoo Shipbuilding & Marine Engineering has won an order for four new 318,000 dwt VLCCs from regular customer Maran Tankers…
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Greater China
Valles concludes first sale in three years
Valles Steamship has been linked with its first ship sale since 2014. The conservative Hong Kong owner is reported by…
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Containers
The container shipping hunger games
Lars Jensen could well be container shipping’s Nostradamus. As far back as 2011 the Splash contributor was predicting there would…
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Dry Cargo
More than 50 kamsarmax orders are in the pipeline: Alphabulk
The dry bulk sector should brace itself for “an explosion in orders” of kamsarmaxes, according to the latest weekly report…
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Europe
Kuehne ups stake in Hapag-Lloyd
Klaus-Michael Kuehne, the entrepreneur by logistics giant Kuehne + Nagel, has upped his stake in Hamburg containerline Hapag-Lloyd. Kuehne took…
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Europe
Dutch authorities investigating bunkering price-fixing
The Dutch competition watchdog is investigating claims of a bunkering price-fixing cartel at ports in the Netherlands and Belgium. Following…
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Americas
Giant Antarctic iceberg poses hazard to shipping
Ships heading around the tip of South America should be on their guard as one of the largest icebergs ever…
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Americas
Oil leaking from stricken Mexican bulker
Twenty months after it grounded along the western coastline of Mexico, the bulk carrier is leaking oil, despite authorities having…
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Europe
Isiksan becomes first Turkish yard to gain Hong Kong compliance
Isiksan Ship Recycling and Trading has become the first yard in Turkey to get a statement of compliance, verifying that…
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