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Asia
World gets a glimpse of the largest boxship ever built
The world got a glimpse of the world’s largest containership yesterday at the naming cermomy of the 20,150 teu .…
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Middle East
Tanker hijacked by Somalis did not follow piracy procedures
The shipowner of the hijacked product tanker has been slammed for cutting corners and subsequently endangering the lives of eight…
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Asia
PIL turns 50, nears 500,000 slot mark
On the occasion of the 50th anniversary of the founding of Singapore liner firm Pacific International Lines (PIL), its managing…
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Asia
HMM signs up with 2M
Yesterday, Hyundai Merchant Marine (HMM) officially signed up to a strategic cooperation deal with the members of 2M, MSC and…
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Asia
Endangered Sungdong workers urge Korean authorities to fix refund guarantee situation
Workers at struggling Sungdong Shipbuilding & Marine Engineering are begging state banks to help out and issue refund guarantees. A…
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Europe
Struggling DSME close to securing triple Angelicoussis VLCC order
Daewoo Shipbuilding & Marine Engineering’s CEO Jung Sung-Leep is in Europe holding discussions with key clients and is expected to…
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Asia
Daiichi Chuo turns the corner, nails first operating profit since 2010
One of the most high profile bankruptcies in dry bulk in recent years looks to have turned the corner. Daiichi…
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Greater China
OOCL in huge chartering outlay ahead of joining the Ocean Alliance
Hong Kong’s Orient Overseas Container Line (OOCL) has been bulking up ahead of joining the Ocean Alliance on April 1.…
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Shipyards
Demo rates set to crash through the $400 per ldt mark for first time in nearly two years
Extremely aggressive buying by Bangladeshis in particular is driving ship demo rates towards the $400 per ldt mark, heights not…
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Middle East
EU Navfor confirms fuel tanker has been hijacked by Somalis
The EU naval force deployed in the Indian Ocean has confirmed that the eight crew onboard the fuel tanker have…
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Europe
OSM taps two shipmanagement veterans as it eyes M&A opportunities
In a sign of likely further consolidation in the shipmanagement space, OSM has tapped two veterans with deep knowledge of…
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Americas
ICTSI, PSA inaugurate joint venture terminal in Colombia
International Container Terminal Services, Inc (ICTSI) and PSA International have formally opened Puerto Aguadulce, a joint venture terminal in the…
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Asia
Dae Sun wins Shokuyu Tanker order
Dae Sun Shipbuilding & Engineering has won an order from Japan’s Shokuyu Tanker to build a 3,500 dwt stainless steel…
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Piracy
Suspected first Somali pirate hijacking since 2012
News breaking off the Horn of Africa will send shockwaves across the world’s seafaring community. It looks likely Somali pirates…
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Containers
IRISL eyes London listing
Islamic Republic of Iran Shipping Lines (IRISL) is eyeing a listing on the London Stock Exchange to help push through…
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Asia
Spliethoff orders six MPPs at Ouhua
Dutch outfit Spliethoff has ordered six multipurpose vessels at Zhejiang Ouhua Shipbuilding, a rare big order for a Chinese yard.…
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Americas
INTTRA buys European box specialist
INTTRA, the ocean shipping electronic marketplace, has acquired Avantida, the European firm focused on empty container management for ocean carriers.…
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Asia
SM Group picked to take over STX Corp
A Samra Midas Group-led consortium was picked today as the preferred bidder for STX Corp. SM Group, best known as…
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Europe
Rotor sails to be installed on a Maersk tanker
Norsepower in partnership with Maersk Tankers, the Energy Technologies Institute (ETI), and Shell Shipping & Maritime, today announced that it…
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Asia
Five Singaporean bunker tankers found to have dodgy mass flow meters
Having found irregularities with some of its mass flow meters Singapore’s Maritime Port Authority has suspended the harbour craft licences…
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