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Europe
Offen backs struggling Marenave
German investors are coming to the rescue of Hamburg’s struggling Marenave Schiffahrts. Marenave has managed to conclude an investment agreement…
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Europe
Nobu Su brands Polys Haji-Iannou a liar as latest court case gets underway
Polys Haji-Iannou, the head of World Tankers Management, has been branded a liar by Nobu Su, while the reclusive, under…
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Europe
Economou scoops Saverys for newcastlemax quartet
Brokers are reporting George Economou has scooped the Saverys family for a quartet of modern Chinese-built newcastlemaxes. Hunter Maritime Acqusition…
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Containers
New book predicts what liner shipping will look like in 2025
A Splash regular contributor, Lars Jensen from SeaIntelligence Consulting, yesterday published his latest book. The well respected container analyst’s latest…
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Asia
K Line becomes a fully-fledged Indian shipowner
A subsidiary of Kawasaki Kisen Kaisha (K Line) has become a member of the Indian National Shipower’s Association (INSA) as…
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Europe
Hanjin-linked vessel sales continue apace
JP Morgan has bought Hanjin capesize that had earlier been linked to Greece’s Chartworld. Creditor KEB Hana Bank was believed…
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Asia
Bondholders brace for $1bn losses from Hanjin’s collapse
Plenty of companies and individuals are set to suffer large losses from their investments in South Korea’s Hanjin Shipping, a…
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Asia
SM Line to start sailing on March 8
While Friday, February 17 marked the end of one household name in Korean container shipping, March 8 is set to…
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Middle East
Eukor car carrier nabbed by Libyan militants
Images carried on Libyan media and above show the moment the Eukor car carrier was seized by militants off Ras…
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Asia
Seafarer killed, seven abducted off the southern Philippines
A Vietnamese seafarer was killed and another seven kidnapped in the Sulu Sea of the Philippines yesterday evening. Gunmen, likely…
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Asia
Downturn brings shipping closer to the general public
A picture paints a thousand words so the saying goes. I was indebted earlier this week to lawyer Lars-Erik Østerbø who…
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Europe
Fredriksen juggles LNG newbuild pair
John Fredriksen’s busy start to the year continues apace with news he’s looking to juggle a couple of newbuild LNG…
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Asia
Solvang orders ethylene carriers
Solvang and partners have today signed a letter of intent with South Korea’s Hyundai Mipo Dockyard for the construction of…
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Americas
Port of Seattle senior management return ‘illegal’ bonuses
Top management at the Port of Seattle are to pay back their annual bonuses which were ruled illegal payments by…
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Asia
Ocean Yield fixes 4-month deal with Ezra
Norway’s Ocean Yield has come to an agreement with troubled Singaporean offshore firm Ezra Holdings over the charter of the…
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Greater China
ZIM signs with Alibaba
ZIM container line has joined Cosco Shipping, Maersk Line and CMA CGM in signing up with online retail giant Alibaba…
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Asia
Vinashinlines corruption trial underway in Hanoi
A trial is underway in Hanoi with four men accused of embezzling of around $11.5m from state-owned Vinashinlines. Three of…
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Asia
HMM secures more Hanjin terminals
A day before Hanjin Shipping is expected to be declared bankrupt by a court in Seoul compatriot Hyundai Merchant Marine…
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Europe
Ukrainian seafarers undercut the market with new low rating wage
Undercutting the crewing market in a big way, Ukrainian seafarer unions have struck a new collective bargaining agreement (CBA) which…
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Europe
Roos returns to ship finance with Blystad backed Maritime Asset Partners
Maritime Asset Partners has been launched by a host of well-known names mainly in Norwegian shipping and offshore circles as…
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