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Fast Lines Belgium orders first newbuilds
Fast Lines Belgium has contracted its first newbuilds. An Antwerp Scheers family-owned shipping company has ordered a pair of combi…
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Berge Bulk unveils the world’s most powerful sailing cargo ship
James Marshall-led Berge Bulk has shown off its retrofitted newcastlemax bulker, Berge Olympus, which now houses four BARTech WindWings by…
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Another top name in Chinese ship finance arrested
One of the most high profile banking names to date has been arrested in the ongoing anti-graft probe led by…
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Famous British broker rebrands
After 143 years London-headquartered shipbroker Simpson Spence Young is going in for a rebrand and will be known henceforth simply…
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Columbia launches female cadet mentoring programme
As part of its bid to attract more women into the maritime sector, shipmanangement giant Columbia Group has launched a…
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Naftomar paying hefty $83m for LR duo
The deal of the week has been sealed between Greek Nicholas Inglessis and his family-oriented Alberta Shipmanagement and compatriot owner…
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Samsung Heavy debuts tech to counter overboard containers
South Korean shipbuilder Samsung Heavy Industries has revealed its latest invention called Special Structure Anti-Container Loss (SSA-CL), using homegrown technology…
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Volvo signs up for offshore wind power
Sweden-based automaker Volvo Cars has partnered up with compatriot renewables developer Eolus to collaborate on the Västvind offshore wind power…
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Reach Subsea inks cable survey deal with NKT
Norwegian offshore services player Reach Subsea has struck a deal with Danish cabling firm NKT for the supply of subsea…
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Ocyan scores $317m contract with Petrobras
Brazilian offshore service provider Ocyan has inked a new contract with Petrobras to carry out the revitalisation of the state-run…
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Ørsted signs deal to sell 50% stake in third German offshore wind farm to Glennmont Partners
Danish energy firm Ørsted has agreed to sell 50% of another offshore wind farm in Germany to funds managed by…
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Foroohari buys 6,500 teu containership from Uthalden Maritime
Uthalden Maritime Management, the maritime arm of Harald Moraeus-Hanssen-led private investment company, has sold one of its vessels. Uthalden said…
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Tanker hits mine in Black Sea
A Liberian-flagged products tanker struck a mine on Sunday in the Black Sea near the Bystroe Canal between Romania and…
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Montreal Port Authority gets $110m for new container terminal
Transport Canada has awarded CAD 150m ($110m) for the construction of a new container terminal for the Montreal Port Authority…
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Exmar takes the lead with ammonia-powered gas carriers set to deliver in 2026
Belgian owner Exmar will become the first shipowner in the world to take delivery of ammonia powered ships in the…
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Pressure mounts on Indonesia to release three Indian crew under house arrest
Indonesia has been accused of illegally holding three Indian seafarers from a beached ship under house arrest, using them as…
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SwissMarine takes stake in US bulker owner Pangaea
SwissMarine has become the latest name in the growing list of shipping companies with investments in publicly listed dry bulk…
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Finland takes action to protect energy infrastructure
Following suspected sabotage of a gas pipeline linking with Estonia, Finland is taking emergency measures to protect national energy infrastructure. …
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DP World raises $1.5bn for green projects
Dubai terminal operator DP World has raised $1.5bn through a green sukuk. The sukuk, which was oversubscribed 2.3x due to…
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Starlink to be installed on 233 MOL vessels
Elon Musk’s Starlink is gaining fleet after fleet with its high bandwidth internet offering. Last week, Maersk announced it would…
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