Europe
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Ernst Russ and Peter Döhle sell Hammonia Reederei
Ness Risan and Partners, a Norwegian investment fund, has teamed with the former owners of Finland’s Containerships Group to buy…
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MSC CIO calls for the containerisation of data communications
Last November Maersk, CMA CGM, Hapag-Lloyd, MSC and Ocean Network Express announced plans to establish a container shipping association to…
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Havila Shipping says almost half of its vessels are underperforming
Norway’s Havila Shipping says that 12 vessels in its fleet have failed performance tests, required as part of its restructuring.…
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Boskalis to offload another tug unit
Dutch company Boskalis, together with its joint venture partner Kotug International, has signed a letter of intent (LOI) relating to…
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Oltmann Schiffahrts sells last bulker
After nine years in the bulker segment the predominantly container focused Oltmann Schiffahrts has decided to let go of its…
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Maersk and ZIM boxships collide at Busan Port
Containerships Safmarine Nokwanda and Tianjin collided at South Korea’s Busan Container Terminal on Saturday, leading to damage on both ships.…
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CMA CGM initiates $1.2bn cost saving scheme
Despite announcing record $23.5bn revenues for last year, France’s CMA CGM on Friday revealed it is initiating a $1.2bn cost…
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TechnipFMC awarded major EPCIC contract by BP
Offshore engineering firm TechnipFMC has been awarded a major contract by BP for the engineering, procurement, construction, installation and commissioning…
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Maestro Shipping takes Mitsubishi handy bulker
Japanese owner Mitsubishi Corporation continues to downsize its bulker fleet, having sold its 2014-built handysize bulker . According to shipbroking…
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Solstad Offshore signs PSV frame agreement with Aker BP
Norway’s Solstad Offshore has signed a frame agreement with Aker BP for the provision of supply vessel services. The agreement…
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EU finances Spliethoff scrubbers
Brussels might have been in the firing line last week for its perceived move to stymie the use of open-loop…
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Russian cargo ship slams into highway bridge in Busan
A Russian cargo ship sailed off course and slammed into a bridge in Busan, South Korea yesterday with the captain…
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Northern Drilling newbuild semi-submersible finds work with Lundin
Offshore driller Northern Drilling, part of John Fredriksen’s Seadrill, has secured a contract for newbuild semi-submersible rig West Bollsta. The…
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Novatek readies for all-year use of the Northern Sea Route
Russian gas producer Novatek has outlined plans to get LNG exports moving through the Northern Sea Route (NSR) all-year round,…
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Tsipras hails Greek owner tax settlement
The Greek prime minister yesterday praised the nation’s owners for agreeing to a new voluntary tax scheme that will add…
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Lars Christian Skarsgård appointed new CEO of Belships
Norwegian dry bulk owner Belships has appointed Lars Christian Skarsgård as its new CEO, effective March 15. Skarsgård replaces Ulrich…
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Stolt-Nielsen books up to six LNG bunkering vessels at CIMC Sinopacific Offshore
Stolt-Nielsen Gas, the small scale LNG vessel unit of Stolt-Nielsen Group, has placed an order at China’s CIMC Sinopacific Offshore…
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Solstad Offshore CSV extended by Subsea 7
Solstad Offshore has agreed a four-year extension with Subsea 7 for construction support vessel . The vessel has been on…
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Subsea 7 awarded UK North Sea contract by BP
Subsea 7 has been awarded a five-year contract by BP Exploration for the provision of subsea construction, inspection, repair and…
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Maersk and MSC give Asia-Med the megamax treatment
2M, the vessel sharing agreement between the world’s two largest liners, MSC and Maersk, is set to supersize the Asia-Mediterranean…
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