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Asia
Salvation for DSME
Daewoo Shipbuilding & Marine Engineering (DSME), one of the world’s largest shipbuilders, has been saved from financial oblivion. Key bondholder,…
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Europe
Murmansk Shipping makes first fleet additions in a decade
Murmansk Shipping Company (MSC), the Russian Arctic specialist, is making its first fleet additions in a decade. It has revealed…
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Americas
Petrobras oilfield sale to Statoil suspended
A Brazilian court has ordered energy giant Petrobras to suspend the sale of its stake in an exploratory block to…
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Asia
Exclusive image shows MSC Daniela fire damage
Splash has been sent an image of the burnt taken today which clearly shows the damage to many containers onboard.…
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Asia
Kogas selects Korea Line and Samsung Heavy for Jeju LNG project
Korea Gas Corporation (Kogas) has selected Korea Line Corporation and Samsung Heavy Industries to build and operate a pair of…
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Asia
‘Rolling like I’m inside a washing machine’: Terrifying account of the sinking of the Stellar Daisy
The two survivors of the sinking have related how the ore carrier sank very rapidly in a report seen by…
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Asia
DSME’s top bondholder and creditor finally find common ground to save the yard
A deal has been reached to save one of the world’s largest shipbuilders. Doubts had been growing this month that…
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Americas
Mario Cordero appointed to run port of Long Beach
Mario Cordero, a former Long Beach harbour commissioner and ex-head of the Federal Maritime Commission, has been tapped to run…
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Europe
Fire-hit MSC Daniela docks at Colombo port
Tracking data from MarineTraffic shows that the stricken 13,800 teu has moved to dock at Colombo International Container Terminal. A…
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Europe
Euronav VLCC grounds in Indonesia
A VLCC belonging to Euronav ran aground on Wednesday. The laden 299,445 dwt was en route to Ningbo in China…
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Asia
Another defect found on a Polaris VLOC
The hunt for the has been plunged into chaos with another converted VLOC that had been leading the search and…
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Asia
Burnt boxes on MSC Daniela still too hot to handle 9 days after blaze
Nine days after a blaze broke out in the aft section of the 13,800 teu firefighters are still having to…
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Americas
Thousands sign petition launched by widow of El Faro seafarer demanding rule changes
The widow of one of the men who perished on the US cargo ship El Faro is using the tragedy…
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Shipyards
Ship repair yards swamped as ballast water regs hove into view
With ballast water management regulations fast approaching shipowners have rushed to ship repair yards in their droves in the first…
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Asia
Could Stellar Daisy spark an end to the converted VLOC?
Could a significant chunk of the global dry bulk fleet be set for accelerated scrapping? With a third elderly Polaris…
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Asia
Samudera to sell six ships as part of plans to exit Indonesian domestic trades
Singapore-listed Samudera Shipping is seeking shareholders’ permission to sell ships as it pushes ahead with a strategy to exit the…
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Asia
Burmese owner sends five for scrapping
Myanmar’s Continental Investment Holdings (CIH) has been making the most of high demolition prices by sending five boxships for scrap…
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Asia
Rickmers Trust to be wound up
Singapore’s Rickmers Trust Management is to be wound up after it failed to thrash out a satisfactory deal with lead…
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Containers
Maersk Line quietly adds the world’s largest boxship to its fleet
In typical Maersk fashion, the Danish liner giant welcomed its latest boxship yesterday, which turns out to be the largest…
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Europe
MPC Container Ships launches with $100m aimed at the feeder market
Germany has a new niche boxship investor. MPC Capital has initiated an investment company with a focus on small-size container…
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