Region
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Isle of Man Ship Registry: Fast growth
“The Isle of Man used to be the best register you have never heard of,” quips Dick Welsh, the flag’s…
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Chinese navy rescues bulker from Somali pirate attack
A Chinese navy ship rescued a Tuvalu-flagged bulk carrier in a joint operation with the Indian navy on Sunday. The…
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Northern Offshore further delays two rigs at Cosco Dalian Shipyard
Cosco Dalian Shipyard has reached an agreement with Northern Offshore, a subsidiary of China’s Shandong Offshore International, to further postpone…
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Sembcorp Marine sell stake in Chinese tech firm
Singapore’s Sembcorp Marine has sold its 70% equity interest in Shanghai Guofeng Marine Engineering and Technology (SGMET) to the other…
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Dolphin Drilling awarded Statoil semi-submersible extension
Fred. Olsen Energy subsidiary Dolphin Drilling has been awarded an extension by Statoil for semi-submersible rig . The rig is…
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BP Egypt takes options on Deep Sea Supply PSV pair
John Fredriksen’s Deep Sea Supply has been awarded extensions by BP Egypt for PSVs Sea Spear and Sea Spark. The…
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Three more ships join search for missing Stellar Daisy
According to the Uruguayan navy, which has been coordinating the search for the missing , the number of vessels scouring…
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OMSA hits back at claims that Jones Act revisions would hurt US economy
The US Offshore Marine Service Association (OMSA) has spoken up in defence of proposed changes to the Jones Act, which…
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President Trump to issue order putting Arctic and Atlantic offshore drilling back in play
US President Donald Trump is getting ready to issue an executive order to undo restrictions on offshore oil and gas…
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Rule changes could happen in wake of Stellar Daisy sinking: Korean Register
The Korean Register of Shipping, the classification society under fire from last Friday’s likely sinking of the VLOC, has admitted…
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Adani linked with buying APM Terminals’ Pipavav facility
APM Terminals refuses to be drawn on speculation in India that is looking to pull out of Pipavav port in…
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Attention turns to Polaris’s 19 converted bulkers
A Korean seafarers union has questioned whether Polaris Shipping’s fleet is fit for purpose and suggested tankers that have been…
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BW Offshore and ICBC Financial Leasing form powerful FPSO pact
BW Offshore has today signed a cooperation agreement China’s ICBC Financial Leasing to establish a long-term strategic partnership to jointly…
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Giant UASC boxship aground off Port Klang
The 13,500 teu boxship , once the largest boxship in United Arab Shipping Company’s (UASC) fleet, has run aground off…
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SM Group eyes takeover of Korea Ship Finance
South Korea’s Samra Midas (SM) Group is looking to take control of Korea Ship Finance through acquiring major stakes in…
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IUMI warns on increasing frequency of major vessel casualties
Statistics released by the International Union of Marine Insurance (IUMI) show major vessel casualties are on the rise. The frequency…
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Navios Maritime Partners acquires panamax bulker pair
Navios Maritime Partners has announced that it has agreed to acquire two 75,000dwt panamax vessels for $27m in total. The…
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Paris approves STX France sale
The French government has given the green light for the sale of a 48% equity stake in shipyard STX France…
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Solstad Offshore secures CSV contract
Norwegian OSV operator Solstad Offshore has entered into a long-term charter agreement with Mexican company Typhoon Offshore for its construction…
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Wood Group wins offshore engineering contract from Karoon
Offshore engineering contractor Wood Group has been awarded a multi-year contract by Brazilian energy company Karoon Petróleo & Gás to…
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