Sam Chambers
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Environment
Report claims shipping could be responsible for 17% of CO2 emissions by 2050
Shipping could be responsible for 17% of global CO2 emissions in 2050 if left unregulated, according to a new study.…
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Europe
Bomb scare at Limassol port
Police combed through Limassol port yesterday after a bomb threat was made in the morning. No explosive device was found…
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Asia
Pelindo II outlines port development plans for 2016
State port operator PT Pelabuhan Indonesia (Pelindo II) will build two new ports next year and upgrade Cirebon Port in…
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Americas
Falkland oil exploration firms to merge
Two oil and gas firms focused on the Falklands could merge. Rockhopper made a takeover offer for rival Falkland Oil…
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Europe
Claims and counterclaims stack up between DSME and Songa Offshore
Lawyers for Daewoo Shipbuilding & Marine Engineering (DSME) and Songa Offshore will be busy for months as the two battle…
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Asia
NOL’s shares soar on back of CMA CGM deal
The share price of Neptune Orient Lines had leapt 5.8% by 14.00 hrs today on the back of news over…
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Americas
250,000 laid off from oil and gas sectors since last year
More than 250,000 people have been laid off from the oil and gas industries with more to come, Houston-based consultant…
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Asia
Malaysia detains three tankers over illegal fuel transfers
Three tankers were detained by the Malaysian Maritime Enforcement Agency (MMEA) for illegal ship-to-ship transfer of marine fuel oil (MFO)…
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Americas
Senators seek funding for Great Lakes icebreaker
Eight American senators from the Great Lakes area are pushing for federal funding for a new icebreaking vessel. Currently there…
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Dry Cargo
Western Bulk renegotiates financial arrangements, but remains at risk
Western Bulk has reached an agreement with its banks and certain vessel owners for an amendment to financial covenants for…
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Asia
SPP urges South Korean president to save yard
Since imperiled SPP Shipbuilding’s urgent plea to its creditor to issue refund guarantees has fallen on deaf ears, management have…
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Americas
Washington sues Inchcape for millions as huge fraud case is revealed
One of the world’s top ship agents finds itself in very hot water in the United States. The US Department…
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Asia
800 staff face the axe at troubled STX yard
Financially troubled STX Offshore & Shipbuilding (STX O&S) will slash 800 staff, roughly 30% of its approximate 2,600 workforce, as…
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Europe
New Lord Mayor of London vows to develop maritime growth
The newly elected Lord Mayor of the City of London, Lord Mountevans has set out his goals to develop maritime…
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Europe
Report claims Norwegian offshore investments will drop by 19.5% next year
Investments in Norway’s oil and gas sector will fall by nearly 40% from 2014 to 2017, according to a report…
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Asia
Cochin Shipyard to list
Cochin Shipyard is going for an initial public offering to help it expand facilities to build larger ships. The government…
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Containers
Container shipping’s business model called into question
Container shipping’s business model was called into question today at the Asian Logistics and Maritime Conference in Hong Kong. Chris…
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Europe
Angelicoussis back at DSME for pair of VLCCs
Angelicoussis Shipping Group has returned to its favourite Korean yard for more VLCCs. The Greek owner has opted for two…
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Europe
Black Sea will be able to welcome 10,000 teu boxships soon
The construction of a deepwater berth at the NUTEP terminal in the Black Sea port of Novorossiysk will allow Russia…
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Europe
A.P. Møller-Mærsk issues Eurobonds
A.P. Møller-Mærsk made the most of cheap financing yesterday issuing its first Eurobonds in three years. The Danish shipping giant…
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