Region
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Maybank comes to Atlantic Navigation’s rescue
Under pressure Singapore OSV operator Atlantic Navigation has won important breathing space from its principle banker. Maybank Singapore has revised…
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President Trump signs order to implement “America-first” offshore energy strategy
US President Donald Trump on Friday went ahead with signing his much-flagged executive order on offshore energy, which will revise…
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Livestock carrier kicks up a stink among Canary Islands residents
A 31-year old livestock carrier has arrived at Port Said in Egypt following a tricky journey across the Atlantic. The…
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DryShips takes another kamsarmax
George Economou’s DryShips has picked up its second kamsarmax in a little over a week, confirming the acquisition of a…
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Sentek Marine orders up to four VLCCs
Singapore’s Sentek Marine is determined to become a serious VLCC player to add to its leading position as a bunker…
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Two tankers caught in Libya smuggling oil
Libyan naval forces captured two ships on Friday suspected of smuggling oil after gun battles lasting several hours west of…
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Matthew Cox promoted to chairman of Matson
Pacific shipping specialist Matson has appointed president and CEO Matthew Cox as its new chairman, succeeding Walter Dods who has…
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Diana Containerships fixes panamax to Hapag-Lloyd
Diana Containerships has entered into a time charter with Hapag-Lloyd for 3,430 teu panamax container vessel . The 2010-built vessel…
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Pemex approves a second deep-water JV in the Gulf of Mexico
The board of Mexico’s state oil firm Pemex on Thursday gave its approval to a joint venture deep-water oil project…
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Halliburton, Trendsetter and C-Innovations establishes offshore service alliance
Three offshore service companies Halliburton, Trendsetter and C-Innovations have announced the formation of a strategic alliance to provide Gulf of…
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Keppel secures $40m engineering support contract
Keppel FloaTEC LLC, a wholly-owned subsidiary of Keppel Offshore & Marine, has secured a contract worth about $40m from PTSC…
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Navios moves for controlling stake of FSL Trust
Fresh from snapping up the Rickmers Maritime fleet of 13 container vessels via Navios Maritime Partners, Greek owner Navios has…
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Maersk Line’s acquisition of Hamburg Süd progresses as $4bn price revealed
The boards of both Maersk Line and Oetker Group have approved the recently agreed sale and purchase agreement for the…
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Chinese dry bulk operator Deqin to sell off entire fleet
Chinese domestic dry bulk shipping operator Deqin Group has released a notice to look for new investors to takeover and…
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Wilhelmsen acquires Drew Marine Technical Solutions for $400m
Norway’s Wilhelmsen has signed an agreement to acquire the technical solutions business from Drew Marine, a manufacturer and provider of…
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DryShips pays off loan, prepares for further expansion
George Econonou’s DryShips is eying further expansion, clearing the way today by fully repaying its last commercial loan facility to…
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LGR Navigazione selling two MR tankers to newly formed Navigare Capital Partners
Italy’s LGR di Navigazione is in the process of selling two of the four MR tankers remaining in its fleet…
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Livestock carrier collides with Russian navy ship off Turkey
Livestock carrier collided with Russian Navy ship Liman off Turkish coast in the Black Sea yesterday. The livestock carrier was…
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TechnipFMC awarded EPC contract
Offshore engineering service provider TechnipFMC has been awarded an engineering, procurement and construction (EPC) contract by Zakum Development Company (ZADCO)…
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South Carolina Ports Authority: 2020 vision
Charleston currently ranks number nine among boxports in the US but under Jim Newsome, CEO and president of the South…
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