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Europe
Maersk Line debuts reefer monitoring service
Maersk Line has launched a new reefer service whereby shippers will be able to keep track of their perishables in…
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Asia
Kumiai Navigation returns to Kawasaki Heavy for a VLGC
Kumiai Navigation has returned to its favoured yard, Kawasaki Heavy Industries (KHI), for a VLGC. Kumiai Navigation is a 100%-owned…
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Asia
Shareholder revolts fails to unseat top brass at K Line
Top management at Kawasaki Kisen Kaisha (K Line) can breathe easier tonight having fought off a shareholder rebellion. A number…
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Europe
Shipping’s CO2 proposals slammed as merely ‘decorative words’
A host of NGOs have criticised Thursday’s submission by four leading shipowning bodies on how the IMO should tackle CO2…
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Europe
Greenship Bulk Trust to close
Greenship Bulk Trust, which is in the midst of selling its fleet of 14 ultramaxes, will be closed down later…
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Asia
Korea Line secures $1.15bn LNG contract
Korea Line Corp has won a 20-year LNG shipping deal worth KRW1.27trn ($1.15bn). Korea Gas Corp (Kogas) awarded the Samra…
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Ports and Logistics
Fitch report paints gloomy container port growth picture
Container ports should expect slower growth for the foreseeable future, according to a new report from Fitch Ratings. The ratings…
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Americas
Seacor Marine reveals stalking horse bid to form JV with Montco Offshore
US offshore vessel operator Seacor Marine has announced a stalking horse bid to form a joint venture with compatriot owner Montco…
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Europe
Leon Patitsas sends an aframax to Navig8’s pool
Greece’s Atlas Maritime, led by Leon Patitsas, has become the latest firm to join Navig8 Pools. The , a 2003-built…
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Environment
Top shipping bodies outline CO2 emissions plans
With the IMO Marine Environment Protection Committee set to meet in London next month to begin the development of a…
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Asia
South African Competition Commission rejects Japanese boxline merger plans
Plans by Japan’s three largest shipping lines to merge their container divisions have been thrown into disarray again. The South…
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Europe
Golden Ocean seeking further acquisitions
Fresh from bedding in the fleet of Quintana Shipping in March, John Fredriksen’s Golden Ocean looks to be on the…
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Europe
‘Real work starts now’: Lars Peder Solstad
Lars Peder Solstad, the head of the newly combined fleets of Norwegian OSV firms Solstad, Farstad and Deep Sea Supply,…
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Asia
India initiates global marketing blitz to promote crewing capabilities
India’s private and public sectors are coming together to promote the nation’s seafarers to global shipping in a bid to…
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Greater China
Evergreen becomes the latest liner to tie up with Alibaba
Evergreen Line has teamed up with Chinese online retail giant Alibaba, offering sea freight services online with guaranteed space and…
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Greater China
OOCL denies Cosco takeover talks
OOCL, the Hong Kong containerline at the centre of renewed speculation over a takeover by Cosco, has firmly dismissed the…
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Greater China
OOCL and Cosco quiet on takeover talk
Orient Overseas Container Line (OOCL) and Cosco Shipping have both kept quiet today on the latest container consolidation news. Shares…
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Americas
Shareholder dismisses Teekay Tankers’ plans to buy out Tanker Investments
Teekay Tankers’ plans to buy out Tanker Investments has drawn criticism from a key shareholder. Huber Capital Management, a California-based…
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Europe
Solstad Farstad merger going through tonight
Today marks the final day of trading on the Oslo Bors for OSV names Farstad Shipping and Deep Sea Supply…
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Asia
Polaris sends elderly VLOCs into cold layup
Polaris Shipping, the troubled South Korean dry bulk owner, has decided to send some of its vintage ore carriers into…
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