Europe
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EU antitrust investigation into Hyundai Heavy’s DSME merger put on hold again
EU antitrust regulators have put their investigation into Hyundai Heavy Industries’ $1.8bn merger with Daewoo Shipbuilding & Marine Engineering (DSME)…
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Eurotankers tipped to have taken popular VLCC
Brokers Intermodal have revealed the buyer’s identity of a popular VLCC. Michael Gotsis-led Eurotankers is understood to have paid $48m…
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Bangladeshi widow wins landmark shipbreaking ruling
In a landmark decision that could shake up the ship recycling trades irrevocably, a judge in London has ruled that…
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Norway welcomes new green ship recycling destination
Norwegian green ship recycling special list Green Yard Group has entered into an agreement with financially troubled shipbuilder Kleven Verft…
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MPC Container Ships completes rapid recapitalisation process
Shareholders have backed MPC Container Ships’ rescue package of a private placement of 260m new shares, raising gross proceeds of…
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China Merchants cosies up to Thessaloniki port
Chinese state-owned maritime conglomerates are exerting ever greater influence over the Greek ports scene. With Cosco controlling Piraeus, Greece’s largest…
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Castor Maritime raises more cash for ships
Nasdaq-listed Greek dry bulk owner Castor Maritime looks set for an exciting ship acquisition spree after raising $17.3m via a…
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Centrofin bags sought after cape
Greek shipping outfit Centrofin has made its first bulker move since 2016. Broker sources say the 28-ship strong outfit has emerged…
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Vogemann touts new blockchain-based handy Green Deal
German shipping company Vogemann has started a new way of financing, using blockchain-based Green Shipping Token to expand its fleet of bulk…
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TEN orders suezmax shuttle tanker trio for long-term charter deal
Greek tanker giant Tsakos Energy Navigation (TEN) says that it has ordered three suezmax DP2 shuttle tankers in South Korea,…
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Castor Maritime seals fixture with Oldendorff for newly acquired panamax
Greek Nasdaq-listed panamax bulker owner Castor Maritime has entered into a new time charter agreement with Oldendorff Carriers for its newly…
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Transocean to lay off 110 workers as contracts dry up
Offshore driller Transocean is planning to lay off up to 110 workers as it is unable to secure a new…
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Shipbroker teams with Microsoft to unlock answers to the chemical trades
Chemical tanker brokers SPI Marine have teamed with Microsoft in a bid to bridge the gap between data and decision-making…
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CMA CGM joins fight to stop illicit trafficking in protected species
French container shipping line CMA CGM is joining the fight to stop illicit trafficking of protected species. As part of…
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Diana Shipping fixes panamax to Glencore
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Glencore’s ST Shipping and Transport for 2010-built…
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EU takes aim at ‘insufficient’ measures taken by the IMO and maps its own green shipping agenda
The European Union has splintered global shipping regulation, taking more firm, decisive action on the environment on Tuesday than the…
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MSC responds to damning carbon claims
Mediterranean Shipping Company (MSC) has denied accusations by NGO Transport & Environment that it is the seventh largest carbon emitter…
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9,600 teu Maersk ship sets demo record
Maersk ships continue to set container demo records. While the 7,403 teu Kokura and Kawasaki, originally Katrine Maersk and Kirsten…
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Seanergy seals acquisition of Japanese capesize
Greek capesize owner Seanergy Maritime Holdings has announced the acquisition of a secondhand capesize, growing its fleet to 11 vessels.…
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Sailors’ Society finally finds a new CEO
After a 16-month gap Sailors’ Society will finally have a new CEO this September. Sara Baade will take the post…
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