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Ports and Logistics
Man hospitalised as straddle carrier topples over at Port Chalmers
Dunedin: A crane operator was hospitalised today as a straddle container carrier he was operating fell over. The accident happened…
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Asia
Esben Poulsson named president of the Singapore Shipping Association
Singapore: Danish national Esben Poulsson has been appointed as the new president of the Singapore Shipping Association (SSA), succeeding Evergreen’s…
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Europe
Scorpio tanker carrying naphtha collides with cruiseship in the Dardanelles Strait
Istanbul: A tanker carrying highly explosive naphtha collided with a cruiseship early this morning in the Dardanelles Strait. While no…
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Europe
Greece’s creditors take aim at nation’s shipowners
Athens: Greece’s creditors are taking aim at the nation’s shipowners in a move that could see many more lines move…
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Americas
Transpetro plans massive fleet selloff
Sao Paolo: Taking a leaf out of fellow Brazilian commodities giant Vale, Petrobras is studying a plan to sell off…
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Dry Cargo
FreeSeas pushes through reverse stock split
Athens: NASDAQ-listed FreeSeas is pushing through a reverse stock split of the company’s issued and outstanding common stock at a…
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Dry Cargo
Torm’s restructuring nearly complete
Copenhagen: In another important milestone along the way of the restructuring of Danish line, Torm, its lenders have approved a…
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Asia
Varun Shipping to split in two
Mumbai: Big changes are inbound for a famous name in Indian shipping. The Bombay High Court has given the go-ahead…
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Containers
Cosco’s 20,000 teu series confirmed
Shanghai: Splash has confirmed rumours that China’s top maritime conglomerate Cosco has sealed a series of giant containership orders on…
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Asia
Family doubt seafarer suicide claims
Manila: Another sad tale of seafarer mistreatment is unfolding in the Philippines. The family of a cadet who allegedly committed…
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Asia
Tamai Steamship in for one at Oshima
Tokyo: Japan’s Tamai Steamship has contracted Oshima Shipbuilding to build a new handymax bulker. Trading house Sumitomo Corporation is providing…
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Europe
Exmar secures $200m financing from ICBC
Brussels: Exmar has scored a massive financing coup in front of the Chinese president and the king of Belgium. The…
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Asia
Ten years in jail and a whipping for Indonesian pirates
Kuala Lumpur: Ten years in jail and a whipping was the sentence handed down yesterday at a Malaysian court to…
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Asia
Stricken Jindal Kamakshi anchored off Mumbai
Mumbai: Contrary to what the authorities had expected the general cargo vessel Jindal Kamakshi, which ran into severe difficulties off…
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Asia
Crew lived in fear of master aboard the ‘death ship’
Sydney: The inquest into the mysterious series of deaths onboard the Hachiuma Steamship controlled Sage Sagittarius coal carrier heard today…
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Asia
SK E&S tendering for LNG carriers
Seoul: SK E&S, an energy subsidiary of Korea’s SK Group, is tendering for four LNG carrier newbuilds to move shale…
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Asia
Ikeda addresses MOL staff in inaugural address
Tokyo: Junichiro Ikeda, the new president of Mitsui OSK Lines (MOL), the owner of the world’s most valuable fleet, gave…
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Europe
Odfjell quits European short sea market with trio of tanker sales
Oslo: In its ongoing cost-cutting Odfjell has sold three small tankers. The Bow Balearia, Bow Bracaria and Bow Brasilia, all…
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Asia
Corruption scandal sees Hanjin Shipping’s headquarters raided
Seoul: A corruption scandal in Korea saw the offices of Hanjin Shipping raided today. Korean newswire Yonhap reports that investigators…
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Asia
TTA goes for debentures
Bangkok: Thoresen Thai Agencies (TTA) is issuing three-year debentures amounting to THB2bn ($59.44m) with a 4.25% coupon rate. The shipping…
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