Europe
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Nisshin Shipping finally offloads panamax
Tokyo: The 76,000 dwt bulker Million Trader, which had been reported as sold several times this winter, has finally found…
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Latvian Shipping Company upgrades fleet
Oslo: Eight tankers belonging to Latvian Shipping Company (JSC) will be drydocked in Riga from May to July for $6m…
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World Wide Supply lays up two PSVs
Oslo: Oslo-listed World Wide Supply has announced that it is removing the World Diamond and World Pearl due to the…
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Fire on Purple Beach put out
London: The noxious fire onboard the Macs Shipping controlled ship, Purple Beach, has been doused. However, efforts to offload the…
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Nor-Shipping: 50 years looking forward
Oslo: Vidar Pederstad is rather busy when Maritime CEO gets in touch, but nevertheless he spares some time to tell…
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Navios in for two more VLCCs
Athens: Greece’s Navios Maritime Acquisition is exercising options for up to two VLCCs, as soon as a subsidiary closes a…
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KNOT ties down another shuttle tanker
Oslo: KNOT Offshore Partners’s wholly owned subsidiary, KNOT Shuttle Tankers, has entered into a share purchase agreement to acquire KNOT…
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New Chevron contract for Eidesvik
Oslo: Eidesvik has been awarded a contract for 19 months with up to four options for an additional 6 months…
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Norway has more recoverable oil today than 10 years ago
Oslo: Finally some good news today for Norway’s near suicidal offshore community. Following thousands of layoffs in the wake of…
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Havyard counters offshore slump with 4-day working week
Oslo: More than 10,000 workers have lost there jobs in the Norwegian oil industry since the oil price began to…
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Videotel: ‘Companies only wake up to the importance of training once they’ve had a serious accident’
London: A seasoned shipmanagement expert warns today that far too many owners are only investing in training when pushed too,…
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Keel laying for world’s largest icebreaker
St Petersburg: Russian shipbuilding took a bold new step forward yesterday with the keel laying at Baltic Shipyard of the…
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Babilis appointed CEO at Stealth Maritime
Athens: Stealth Maritime Corp has appointed Lambros Babilis as its new CEO with immediate effect. Babilis has been with Stealth…
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Locals kick up stink as fertilizer onboard boxship blazes
London: The risks of carrying fertilizer, a highly flammable cargo, have once again been demonstrated. A containership is ablaze in…
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Höegh LNG signs Chile FSRU deal
Oslo: Höegh LNG has signed an FSRU contract with Octopus LNG in Chile for the Penco-Lirquén LNG import terminal to…
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FreeSeas offloads two bulkers
Athens: Greek handysize operator FreeSeas has fixed a pair of handysize bulkers on a sale and leaseback deal. A set…
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Avance Gas VLGCs back on the water
Oslo: Avance Gas has said that both new build VLGCs recently drydocked, Breeze (83,000dwt, built 2015) and Monsoon (83,000dwt, built…
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Prime Marine swoops for $214m product resale quartet
Athens: Brokers report that Greece’s Prime Marine has come in for four product tanker resales, shelling out a total of…
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Saga Tankers eyes SD Standard Drilling takeover
Athens: SD Standard Drilling’s (SDSD) new majority shareholder Saga Tankers says it intends to make a mandatory offer for the remaining shares in…
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Tsakos Energy Navigation wants to be large and in charge
Athens: On the back of sustained improvement of tanker markets and of its financial results, Tsakos Energy Navigation (TEN) says…
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