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Dry Cargo
Empire Navigation buys three bulkers
Greece’s Empire Navigation has been busy in the S&P markets with three ship acquisitions in the past week coming to…
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Europe
Aframax prices slide
Clarksons Research has news of the swift downward pressure on aframax tanker prices. The eight-year-old was sold last week by…
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Asia
British government lobbied as Seaman Guard Ohio crew spend 1,000 days in jail
The Mission to Seafarers and families of the British guards of the anti-piracy vessel the MV Seaman Guard Ohio, who…
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Asia
Hyundai Merchant Marine stakes claim to Middle East mastery
South Korean containerline Hyundai Merchant Marine (HMM) has announced today that it expects to have the largest market share in…
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Asia
Dire conditions reported onboard stranded Greek bulker off India
Local seafaring unions in India are asking for help to assist the crew on the handy bulk carrier , which…
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Middle East
Tanker detained in Libya
Diplomats from Russia, Ukraine and Greece are trying to get in contact with the crew of the , which was…
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Americas
$829,468: Boxship set to pay record Panama Canal fee today
Later today a boxship will pay the highest ever Panama Canal transit fee in the waterway’s 102-year history. The Hong…
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Dry Cargo
Huxley cites ‘disagreement among senior management’ for his shock Wah Kwong departure
Tim Huxley has told Splash “a disagreement among senior management” was the reason for his surprise departure as ceo of…
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Asia
Daiichi Chuo president vows all debts will be repaid this month
In his first interview since taking the top job at Daiichi Chuo, Toshihide Egawa has told Kaiji Press the line…
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Containers
Panamaxes rapidly becoming Alangamaxes
When someone asked on Twitter recently what panamaxes should be called in the wake of the opening of the expanded…
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Dry Cargo
Karamanli close to completing privatisation of Hellenic Carriers
Hellenic Carriers move to delist from the London Stock Exchange is nearly complete. Faith Holdings, the vehicle used by Hellenic CEO…
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Containers
SOLAS VGM: Shipping’s Y2K moment?
Today marks either container shipping’s Y2K moment, or a potential supply chain calamity – only time will tell. After months…
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Asia
STX orderbook taking a hit
Now under court receivership, STX Offshore & Shipbuilding is seeing its orderbook whittled down fast. Yonhap, South Korea’s main newswire,…
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Containers
Industry heavyweights applaud Hapag-Lloyd and UASC merger move
News that Hapag-Lloyd will move ahead with a merger with United Arab Shipping Co (UASC) has been greeted with approval…
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Containers
Maersk dismisses Zim 2M link
Maersk Line has dismissed an Alphaliner report linking Israel’s Zim joining 2M as “rumours and speculation”. French box analysts Alphaliner…
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Asia
Former DSME president indicted
Nam Sang-tae, the former president of Daewoo Shipbuilding & Marine Engineering (DSME), was today indicted in Seoul on charges of…
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Americas
$7,500 per day fines for failure to comply with USCG’s drug test program
The US Coast Guard (USCG) has reminded shipowners and operators that they must have a valid random drug test program…
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Europe
Piraeus port deal hits a snag
China Cosco Shipping has claimed the Piraeus port sale submitted to parliament in Athens is not the same as what…
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Dry Cargo
Star Bulk gets extra breathing space from banks
Embattled Star Bulk has won a two-month extra standstill agreement from its banks. The line, which has offloaded nine ships…
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Asia
HMM to meet shippers next month
In July Hyundai Merchant Marine (HMM) will kick off a series of meetings with its clients around the world designed…
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