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Europe
Fugro scraps subsea divestment plan
Dutch firm Fugro has canned plans to divest its subsea services business in Asia Pacific to Australia’s Shelf Subsea. Fugro…
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Asia
Vallianz dragged into Swiber-linked lawsuits
Vallianz Holdings’ erstwhile link to bust Swiber Holdings continues to hurt. Vallianz is facing two lawsuits in India over a…
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Middle East
Chinese to develop yard in UAE
The Chinese are coming to set up a yard in the United Arab Emirates (UAE). Dubai’s Gulf Navigation is teaming…
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Americas
FMC takes issue with THE Alliance’s structure
William Doyle, a commissioner at the Federal Maritime Commission, has warned the new container grouping THE Alliance that it will…
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Europe
KNOT Offshore Partners takes over another shuttle tanker
KNOT Offshore Partners has completed its acquisition of the ownership interests in the company that owns and operates the shuttle…
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Asia
Adani vows to transform Dharma port
Dharma port, on the northeast coast of India towards the Bangladesh border, is set to become one of the nation’s…
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Asia
Pakistan’s prime minister urged to lift shipbreaking ban
The Pakistan Ship Breakers Association (PSBA) has called on the prime minister, Nawaz Sharif, to lift the ban on ship…
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Europe
Boskalis completes South African subsidiary sale
Royal Boskalis Westminster has completed the sale of its stake in SMIT Amandla Marine (SAM, first mooted in March this…
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Asia
Shanghai Maritime Court orders Varun to pay $115,000 in landmark crew abandonment ruling
In a potential game changing move, stranded crew onboard a Varun aframax have successfully sued the Indian owner at a…
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Europe
And then there were 11. Who will follow Hamburg Süd?
It is no great surprise that hits-wise one story dominated our site this week. My colleague, Grant Rowles, was first…
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Europe
Rolls-Royce to axe another 800 marine staff
Rolls-Royce is cutting another 800 jobs from its struggling marine business in a move it says will save the engine…
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Europe
Economou takes over DryShips’ debt
George Economou has decided to take on more than 90% of DryShips’s debt. The founder of the New York-listed firm…
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Asia
Perdana Petroleum cancels Nam Cheong barge order
Malaysia’s Perdana Petroleum has cancelled the second of the two 500-men accommodation barges it ordered in June 2014 at Nam…
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Europe
Erria makes changes to its Vietnam investments
Denmark’s Erria has chopped and changed its holdings in Vietnam. The diverse group, which is involved in many aspects of…
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Europe
Ahrenkiel Steamship and H. Vogemann join forces to manage bulkers
The Hamburg shipping companies Ahrenkiel Steamship and H. Vogemann are merging their activities involving the technical management of bulk carriers.…
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Asia
Epic Gas switches Oslo listing
Singapore’s Epic Gas has initiated a process of transferring its listing from the Norwegian OTC Market to Oslo Børs’ Merkur…
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Operations
Ship operational efficiency portal launched at the Sustainable Ocean Summit
At the World Ocean Council’s Sustainable Ocean Summit, Carbon War Room, exactEarth, and University Maritime Advisory Service (UMAS) launched BetterFleet,…
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Europe
CMA CGM in the mix for Hamburg Süd
Alphaliner, the French container analysts, have added CMA CGM into the mix as possible buyers of Germany’s Hamburg Süd. The…
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Americas
Elaine Chao picked by Trump to head transport department
Elaine Chao, the daughter of shipping magnate James Chao, is being lined up by president-elect Donald Trump to head up…
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Containers
Costamare share sale to fund vessel spree
Container shipping company Costamare is setting about offering 11m new shares. Members of the Konstantakopoulos family, who in the aggregate…
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