Europe
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Fredriksen sues DHT
Norway’s richest man, John Fredriksen, is known on home soil as Big Wolf and even at the age of 72…
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Algoma and Nova Marine further cement relationship
Algoma Central Corporation and Nova Marine Carriers have announced the creation of a new joint venture that will focus on…
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Sovcomflot takes PDVSA to court over missing $30m charter fees
Sovcomflot has gone to court over a charter dispute with struggling state run Venezuelan energy firm PDVSA. Reuters is reporting…
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Procopiou’s Dynacom in for up to eight Chinese VLCC newbuilds
George Procopiou’s Dynacom Tankers Management is following the lead of other Greek tycoons in tying up deals for very low…
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Diana Shipping raising $70m to fund vessel acquisitions
Greek dry bulk vessel owner Diana Shipping has announced that it has commenced an underwritten public offering for $70m of…
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Solstad Offshore secures CSV contract from Saipem
Norwegian OSV operator Solstad Offshore has signed a frame agreement with Saipem (Portugal) Comercio Maritime for the charter of construction…
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Euronav readies to refloat grounded VLCC
Euronav’s 299,446 dwt VLCC , which grounded in Indonesian waters a week ago, remains stuck, but the Belgian owner has…
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Fratelli Cosulich lands in Dubai for bunker trading
Genoa-based Fratelli Cosulich Group has just announced that a new office in Dubai has been opened to strengthen its position…
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RBD Armatori’s capesize en route to Navios
Naples-based RBD Armatori looks like it is about to sell one of the four capsize bulk carriers in its fleet.…
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Seanergy renews capesize charter
Greek dry bulk owner Seanergy Maritime Holdings has entered into a new time charter contract for capesize vessel with a…
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Scorpio Bulkers offloads kamsarmax pair
Monaco-headquartered Scorpio Bulkers has announced the sale of a pair of kamsarmax bulkers for a total of $45m. SBI Charleston…
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UK Chamber of Shipping pushes for doubling of state aid for seafarer training
The Theresa May-led UK government will get £4 back for every £1 it invests in training seafarers. That’s the claim…
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Murmansk Shipping makes first fleet additions in a decade
Murmansk Shipping Company (MSC), the Russian Arctic specialist, is making its first fleet additions in a decade. It has revealed…
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Fast train to China
Shippers looking at cost, capacity limitations in peak periods, transit times and their environmental footprint are increasingly eyeing trains over…
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Fire-hit MSC Daniela docks at Colombo port
Tracking data from MarineTraffic shows that the stricken 13,800 teu has moved to dock at Colombo International Container Terminal. A…
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Euronav VLCC grounds in Indonesia
A VLCC belonging to Euronav ran aground on Wednesday. The laden 299,445 dwt was en route to Ningbo in China…
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Three RBD Armatori ships sold at auction to Chinese interests
Three dry bulk carriers that formed part of RBD Armatori’s fleet have been sold in Italy to Chinese interests by…
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Boskalis heads to IHC Merwede for new mega cutter
Royal Boskalis Westminster has placed a new order at IHC Merwede for a self-propelled mega cutter. The new vessel, a…
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German banks thaw out
Like spring, the snow is beginning to melt at German banks – the thaw is finally here. In the year…
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Leonhardt & Blumberg and Buss Shipping combine ship management operations
German feeder containership specialists Leonhardt & Blumberg Reederei and Buss Shipping have agreed to merge their ship management activities, forming…
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