Americas
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US Senators call for public hearing about proposed Hudson River anchorages
Two members of the US Senate have called on the US Coast Guard (USCG) to hold a public hearing on…
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CMA CGM extends charters of Global Ship Lease boxships
Two small containerships owned by Global Ship Lease (GSL) have had their charters to CMA CGM extended by up to…
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Yilport Holding to plunge $750m into developing Ecuador’s Puerto Bolivar
Turkey’s Yilport Holding has pledged to invest $750m in developing and modernizing the port of Puerto Bolivar in Ecuador as…
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Draft limit expanded for neopanamax vessels using new Panama Canal locks
The Panama Canal Authority (ACP) has agreed an increase in the maximum allowable draft for NeoPanamax vessels using the Canal’s…
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VDR of sunken El Faro has been successfully recovered
The US National Transportation Safety Board (NTSB) has announced that the Voyage Data Recorder (VDR) of sunken cargo vessel El…
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Shipping the Zika virus around the world
Videotel has produced a video and companion digital workbook on the dangers of this growing virus. Fleet owners, shipmanagers, masters:…
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Paragon Offshore gets agreement in principle for revised restructuring plan
Bankrupt Paragon Offshore’s revised restructuring plan has been agreed in principle with its bondholders and banks, which removes the first…
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Petrobras penalised for unfair practices in gas distribution
Brazil’s anti-trust regulator Cade (Administrative Council for Economic Defence) has recommended penalising the country’s troubled state oil firm Petrobras for…
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Sino-Global Shipping America regains Nasdaq compliance
Sino-Global Shipping America has regained its Nasdaq compliance, which had been in jeopardy because of the low price of its…
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Construction firm Queiroz Galvao caught up in Petrobras corruption probe
Another big construction company in Brazil has become ensnared in the Petrobras corruption scandal, as federal police have raided properties…
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What does an expanded Panama Canal actually mean for global trade?
Every time I think about the Panama Canal, I cannot resist wondering what the international shipping would look like if…
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Seaspan boosts war chest with eye on Greater China International takeover
Seaspan continues to build its war chest with an eye on taking over the Greater China International fleet. Yesterday it…
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Vard ups stake in Brazil yard
Vard Holdings has increased its ownership stake in its indirect subsidiary in Brazil, Vard Promar, to 95.15%. Vard Promar, previously…
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Sale of LNG distribution arm could net Petrobras around $768m
Petrobras, the corruption-wracked Brazilian state oil firm, stands to make around $768m from the sale of its liquefied natural gas…
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Oil spill near mouth of Mississippi
An oil spill of as much as 4,200 gallons discharged from a well into the Mississippi River near where it…
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USCG blames Fennica grounding on outdated charts
The US Coast Guard (USCG) found that out-of-date navigational charts were to blame for the grounding of the icebreaker Fennica…
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Alaskan authorities look into oil spill at Hilcorp terminal
Environmental authorities in Alaska have announced they are investigating an oil spill that occurred last week at Hilcorp Energy’s Drift…
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APM Terminals agrees to pay reparations for bribery offences in Guatemala
APM Terminals (APMT) has taken on a multimillion-dollar reparation payment related to corruption at a terminal in Guatemala, even though…
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Market pushes Teekay’s Tanker Investments into a new strategy
Oslo-listed Tanker Investments, Teekay Corporation’s special investment company, has revealed a change of business strategy while releasing its second quarter…
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Hornbeck Offshore delays MPSV pair
US offshore operator Hornbeck Offshore has reached an agreement with Eastern Shipbuilding to postpone the delivery of two MPSVs on…
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