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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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Asia
As annual losses balloon, Rickmers Maritime Trust reiterates going concern worries
Struggling Rickmers Maritime Trust (RMT) posted a full year loss of $180m, red ink spiraling 39% more than in 2015…
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Europe
Maersk family to take greater control of the group
As the dust settles on tricky annual results and the announcement of a new chairman of the group, it has…
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Environment
European politicians vote to add shipping to regional emissions trading system
MEPs yesterday backed reforms of the EU emissions trading system (ETS) that will, for the first time anywhere, regulate international…
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Americas
Ships calling British Columbia will be given whale guide
Pilots boarding ships in British Columbian waters will hand out booklets identifying where whales are likely to be in the…
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Containers
APL Austria fire finally extinguished
After three full days of action, firefighters yesterday finally put out the blaze on the containership at the port of…
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Asia
Kuok taps own salvage firm to refloat one of his bulkers
Semco Salvage & Towage has refloated the grounded Alam Manis, a handymax belonging to Malaysian Bulk Carriers (MBC). Both Semco…
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Europe
DB Schenker buys into American online trucking startup
The ongoing digitisation of the freight transport industry continues with news German logistics giant DB Schenker has bought a $25m…
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Bunkering
LNG bunkering vessel delivery marks big advance in shipping’s fuel switch
ENGIE, Fluxys, Mitsubishi Corporation, and NYK have taken delivery of the world’s first purpose built liquefied natural gas bunkering vessel…
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Europe
Economou takes Shell VLCC
George Economou’s TMS Tankers has been linked by brokers as the buyer of the 2011-built VLCC. TMS is thought to…
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Containers
Alibaba signs with CMA CGM
Chinese online retail giant Alibaba continues to make closer ties with the top names in container shipping. Following on from…
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Asia
SM Line will deploy just one transpacific string from next month
Brand new liner firm SM Line from South Korea is scaling back on its transpacific foray. SM Line had planned…
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