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Asia
Indonesia bans local ships calling to the Philippines
On Friday Jakarta banned all Indonesian-flagged vessels from heading to the Philippines, after a spate of seafarer kidnappings in the…
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Europe
Brexit could lead to exodus of maritime talent
The UK’s decision to leave the EU has the potential to drive many of its maritime employees away, according to…
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Operations
Shipping rallies to celebrate Day of the Seafarer
This weekend promises plenty of shipping news what with Sunday’s opening of the expanded Panama Canal and tomorrow’s IMO-backed Day…
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Europe
Spain to auction off drug running vessel
Spanish authorities have put the general cargo vessel up for auction. The ship was detained a year ago in Malaga,…
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Asia
Hyundai Merchant Marine in talks to join 2M
Embattled Korean line Hyundai Merchant Marine is in negotiations with Maersk and MSC to join their alliance, 2M. The news…
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Asia
Under fire KDB promises to cut shipping and shipbuilding exposure
South Korea’s policy lender Korea Development Bank (KDB) has today announced a series of reforms on the back of stinging…
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Asia
Abu Sayyaf linked with another tugboat capture
Seven Indonesian crewmen working on a tugboat called Charles have been kidnapped in Philippine waters, likely by the Islamist group…
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Bunkering
IBIA concerned about global sulphur caps
Ahead of the International Maritime Organization’s (IMO) decision on the timing of the global 0.50% sulphur cap for marine fuels,…
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Europe
Survey finds shipping overwhelmingly rejects Brexit
77% of respondents to a shipping survey believe the United Kingdom (UK) should remain in the European Union (EU). Accounting…
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Operations
Autonomous shipping: ‘It’s not if, it’s when’
The Rolls-Royce led Advanced Autonomous Waterborne Applications Initiative (AAWA) yesterday published a whitepaper to coincide with its presentations at the…
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Europe
ECB looking into shipping loan loss provisions
Reuters is reporting that the European Central Bank (ECB) has contacted banks across the continent to assess the risk of…
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Environment
ECSA president calls for global emissions regulation
Shipping needs to come up with an IMO-led global solution to fight emissions, and must not go down the regionalisation…
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Bunkering
Salvors work to offload bunker fuel from grounded mutiny ship
By the end of Tuesday 30 out of the 145 tonnes of bunker fuel onboard the grounded had been taken…
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Greater China
CCS boss set to take IACS chair
Sun Licheng, president of China Classification Society (CCS), will take over from the boss of ABS next week as chairman…
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Asia
Indonesian port operator seeks to raise $3bn
State-run port operator Pelabuhan Indonesia (Pelindo) II is seeking up to RP40trn ($3bn) to fund its planned expansion over the…
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Asia
PSA buys fleet of automated guided vehicles
Singapore is moving ahead with developing a futuristic port. Terminal operator PSA Singapore has bought 22 new automated guided vehicles…
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Asia
BW Offshore moves ahead with $100m rights issue
BW Offshore’s plan, first announced on May 23, to secure a long-term financial platform for the company has now received…
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Europe
Rosneft and Pietro Barbaro form shipping joint venture
Rosneft and Italy’s Pietro Barbaro have signed an agreement to establish a joint venture for what the pair described in…
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Americas
‘Stand firm behind Hanjin Shipping right away,’ Gerry Wang tells Seoul
The founder of Seaspan has weighed into the ongoing maelstrom seen in Korean shipping telling Splash in an exclusive interview…
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Asia
Korea Shipowners’ Association warns on heavy impact were HMM and Hanjin to fold
The Korea Shipowners’ Association has estimated that if Hanjin Shipping and Hyundai Merchant Marine were to go bankrupt, 5,400 jobs…
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