Europe
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Wood Group wins contract with Statoil and Sinochem in Brazil
Wood Group Mustang has won a contract to provide detailed engineering, design and procurement services to Statoil and Sinochem’s joint…
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Singapore Exchange extends negotiations for Baltic Exchange takeover
The period of exclusive discussions between the Singapore Exchange (SGX) and the Baltic Exchange has been extended by a further…
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Total strips Maersk Oil of its rights to Qatar’s largest oil field
Maersk Oil is beating a retreat from Qatar. The Danish firm has lost out in a bid to extend its…
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Brexit: How it could be beneficial
Great Britain’s decision to leave the European Union has many implications for maritime. Clearly the important effects on the world…
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Rem Offshore sets out restructuring path
Norway’s Rem Offshore has detailed plans of a restructuring after months of discussions with banks, bondholders and major shareholders. The…
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HCI Capital becomes Ernst Russ
HCI Capital has decided to change its name to Ernst Russ AG to reflect a shift in the company’s focus.…
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BigLift orders another heavylift vessel
BigLift Shipping has ordered a third Happy S-type vessel at Ouhua Shipbuilding in Zhoushan, China. The contract price was not…
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SwissMarine charters Diana panamax
Geneva-based SwissMarine Services has booked Diana Shipping’s panamax Crystalia (77,525 dwt, built 2014) on an 11- to 14-month timecharter. The…
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Jinhui Shipping confirms supramax sale
Jinhui Shipping and Transportation has confirmed it has entered into a memorandum of agreement to sell another supramax bulk carrier, Jin…
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Maritime London boss admits Brexit has brought instability and uncertainty
Doug Barrow, the chief executive of promotional and lobbying group Maritime London, has admitted to Splash the Brexit result last…
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Lots of surprises yet to come post-Brexit
For those with maritime interests, what happens at the International Maritime Organization, (it favours the American spelling) has relevance, significance,…
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Brexit could lead to exodus of maritime talent
The UK’s decision to leave the EU has the potential to drive many of its maritime employees away, according to…
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CMA CGM to make Kingston its hub for anticipated Panama Canal boom
French container giant CMA CGM is making Kingston Container Terminal in Jamaica its strategic hub for transshipment business anticipated from…
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Alpha Bulkers capesize fixed on timecharter at decent rate
Today saw a rare capesize period fixture on a day in which the Baltic Dry Index advance by 13 points…
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Shipping industry figures react to Brexit
Shipping industry figures have reacted to the news that the UK has voted in a 52% majority to leave the…
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Containerships secures financing from CSSC for eight boxships
Finnish company Containerships has signed a framework agreement with CSSC Shipping (Hong Kong) for the financing of up to eight…
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Spain to auction off drug running vessel
Spanish authorities have put the general cargo vessel up for auction. The ship was detained a year ago in Malaga,…
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Wilhelmsen Maritime Services merges safety business with Survitec
Wilhelmsen Maritime Services (WMS), a fully owned subsidiary of Wilh. Wilhelmsen Holding, has signed an agreement with the UK based…
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Another charter extension for NewLead bitumen tanker
The unnamed charterer of the NewLead Granadino (5,887 dwt, built 2009) has extended the contract for a second time for…
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BW Dry Cargo fixes first bulker to Glencore
BW Dry Cargo, the new Sohmen-Pao venture, is up and running, brokers report, nailing its first fixture with what onlookers…
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