Europe
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Hoegh LNG awarded FSRU supply contract by H-Energy
Norway’s Hoegh LNG Holdings has entered into a binding commitment to supply an FSRU to H-Energy in Jaigarh, India from the first…
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Port of Cromarty Firth moves to become floating offshore wind hub
Port of Cromarty Firth in Scotland has signed a letter of intent with French company IDEOL in a bid to…
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TGS awarded two new projects offshore Brazil
Offshore seismic specialist TGS has been awarded a pair of new contracts for work offshore Brazil. In partnership with China’s…
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Thomas Wilhelmsen battles for control of family empire
The battle for control of the Wilhelmsen empire has entered a new stage. Norwegian daily Dagens Næringsliv reported in September…
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ZIM notches record Q3 net profit while Maersk records stunning EBITDA margin of 25.4%
Proof of the extraordinary fortunes liner shipping is enjoying of late was delivered today with stunning Q3 results from Maersk…
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CMA CGM markets new carbon neutral offerings
CMA CGM, the world’s fourth largest containerline, has debuted a series of offerings to help clients lighten their environmental footprint.…
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ADS, shorn of its VLCC fleet, outlines future investments
Bjørn Tore Larsen, chairman of ADS Crude Carriers, has outlined why the company decided to sell off its fleet of…
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Aker Offshore Wind raises cash for Principle Power investment
Norway’s Aker Offshore Wind has completed a private placement, raising NOK300m ($33m) of which NOK180m has been used to increase…
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Prysmian secures cable supply and installation contract from RWE Renewables
Italy’s Prysmian Group has secured a contract from RWE Renewables for the design, supply, offshore route preparation, installation, commissioning and…
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Arribatec Solutions acquires IB Marine Group
Oslo-based software and consulting company Arribatec Solutions has entered into agreements to secure an option to acquire IB Marine Group,…
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‘Chinese authorities say there needs to be a rates ceiling’: Saadé
Rodolphe Saadé, chairman of CMA CGM, the world’s fourth largest containerline, has discussed the pressure liners are coming under from…
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Navios Maritime Partners moves to take full ownership of Navios Containers
Angeliki Frangou’s Navios Maritime Partners (Navios Partners) has submitted a proposal to acquire all of the outstanding shares in Navios…
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Scorpio Bulkers offloads another five kamsarmaxes for $101.5m
Emanuele Lauro-led Scorpio Bulkers has announced the sale of another five kamsarmax bulkers, and has now sold a total of…
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Oldendorff seals Chinese financial leasing deal for ultramax sextet
CDB Financial Leasing, the leasing unit of China Development Bank, has announced the acquisition of six 60,000 dwt ultramax bulk…
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Grieg Star sets up sustainable innovation company Grieg Edge
Norwegian shipowner Grieg Star has set up a separate company named Grieg Edge to develop sustainable innovations within the maritime…
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Fred Olsen and Hafslund Eco form offshore wind joint venture
Norway’s Fred Olsen Renewables has entered into an agreement with Hafslund Eco to set up a 50/50 joint venture for the…
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#SeafarersDeliveringChristmas campaign launches
To support seafarers this Christmas in what has been an exceptionally challenging year, a group of maritime organisations are collaborating…
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Vroon secures shipmanagement contract with Brunei owner Jisco Marine
Dutch outfit Vroon, via Vroon Offshore Services (VOS) Singapore, has secured a ship management contract with Brunei owner Jisco Marine…
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Sovcomflot, NYK and Samudera seal $155m refinancing of LNG carrier pair
Joint venture companies owned by Sovcomflot, NYK Line and Samudera have sealed a new eight-year $155m credit facility with MUFG…
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Baltic Exchange takes to the skies
The Baltic Exchange yesterday launched weekly air freight indices in the lastest diversification of the London institution owned by the…
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