Europe
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Liner C02 calculators branded useless
Shippers keen to track their carbon footprint are being misled by containerlines, significant new research from Copenhagen analysts Sea-Intelligence shows.…
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Saadé gets Macron to lead shipping’s new fuel quest
The president of France had an especially busy day yesterday. Prior to locking horns with Donald Trump over NATO matters…
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Fredriksen’s Northern Drilling to spin off semi-sub fleet
John Fredriksen’s rig investment company Northern Drilling, which currently has a fleet of two drillship and two semi-submersible rigs, has…
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Ness, Risan & Partners acquires ultramax in partnership with Empros Lines
Norwegian investment firm Ness, Risan & Partners has announced the acquisition and delivery of a 2011-built 61,000 dwt ultramax bulker.…
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Rosatom builds on its Arctic liner ambitions
Russian state nuclear company Rosatom is buying non-controlling stake in logistics firm Delo Group from its main owner Sergey Shishkarev,…
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Diana Shipping secures new charters with Ausca and Koch
Greek dry bulk owner Diana Shipping has secured new charters for two of its vessels. Koch Shipping has taken 2006-built…
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DeepOcean extends contract for Solstad CSV
Norway’s Solstad Offshore has announced that DeepOcean has exercised an option to extend the contract for 2014-built construction support vessel…
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Fratelli Cosulich enters LNG joint venture with Novella and Autogas
Italy’s Fratelli Cosulich has made a step forward in the process to enter the Italian LNG bunker market by taking…
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Europe to regulate emissions trading for shipping
The European Commission will shortly introduce emissions trading for shipping in what could be the industry’s next greatest shift after…
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Unifeeder goes global with Feedertech acquisition
Unifeeder, the north European liner bought out by terminal operator DP World, has gone global, buying a 77% stake in…
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Odfjell grows chemical tanker pool to 19 with addition of Navig8 quartet
Norway’s Odfjell and Navig8 Chemical Tankers (N8CTI) have reached an agreement that will see Navig8 add four stainless steel chemical…
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Hamburg port operator vows to be carbon neutral by 2040
German port and transport logistics company Hamburger Hafen und Logistik (HHLA) has jumped ahead of terminal rivals, vowing this week…
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KCA Deutag lands UK North Sea drilling contract extension
Drilling and engineering contractor KCA Deutag has been awarded a five-year contract extension by CNR International (CNRI) for three platforms…
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Angelicoussis opts to sell rather than scrap vintage VLCC
Weak demo rates have seen a vintage VLCC that had been primed for scrapping find an alternative way to see…
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Zodiac takes another newcastlemax
A trio of vintage Universal-built newcastlemaxes starting with the Azul suffix have been attracting plenty of attention in the secondhand…
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Eimskip offloads reefer trio
Icelandic shipping line Eimskip has sealed an agreement to sell three of the company‘s reefer vessels for $12m. The vessels…
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Havyard Group CEO departs
Norwegian shipbuilding and technology group Havyard has announced that CEO Geir Johan Bakke will leave the company with immediate effect…
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Oceanfleet picks up Interorient handysize
Greek owner Oceanfleet Shipping has added to its fleet for the first time in three years, according to brokers, with…
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Maersk readies more redundancies across the world
Maersk, the world’s largest containerline, is cutting staff as it focuses on profitability and free cash flow. Jobs are set…
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Louis Dreyfus initiates widespread cost-cutting measures
Don’t expect executives from Louis Dreyfus Company (LDC) to wine and dine you anytime soon. France’s top agricultural commodities conglomerate…
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