Region
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European Ship Recyclers Group established
Five of the EU’s approved recycling yards have signed an agreement to establish the European Ship Recyclers Group (ESR). The…
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TEN secures charter for newbuild VLCC
Tsakos Energy Navigation (TEN) has agreed a time charter for newbuild VLCC Hercules I with a major US oil company…
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The home of disruption
Look to the Nordics for a new wave of digital maritime solutions, argues Birgit Liodden, the director of Nor-Shipping. The…
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Shreyas Shipping acquires Balaji Shipping
India’s Shreyas Shipping & Logistics has announced that its board has approved a plan for subsidiary Shereyas Relay Systems to…
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Spiralling raw material prices see coatings costs hiked
Shipowners, desperate to clamp down on every cost, have been hit by an increased layout for coatings. Over the last…
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Regulator wants Petrobras to re-do financial statements
Brazil’s state oil company Petrobras has been asked by the country’s stock market regulator CVM to re-do three years of…
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PIR and Edison join forces for a new LNG terminal in the port of Ravenna
The Adriatic Sea will have at least one LNG bunkering facility in Italy. Petrolifera Italo Rumena (PIR) along with Italian…
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Rolls-Royce forms autonomous shipping centre in Turku
Rolls-Royce will establish its Marine R&D Centre for Remote Control & Autonomous Ships and Artificial Intelligence in Turku, Finland. The…
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THE Alliance creates first liner emergency fund in the wake of Hanjin’s demise
With just over three weeks till kick off THE Alliance today announced its final network after all needed preparations have…
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BP boss warns oil price unlikely to rise for the next five years
In an interview with American TV channel CNBC the head of BP has warned he does not see oil prices…
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APM Terminals in court again over Guatemala corruption case
A high profile bribery scandal in Guatemala that involved a former president of the Central American nation and damaged Maersk’s…
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Global Marine Systems acquires Maersk cable layer
Global Marine Systems has snapped up 2000-built subsea construction, installation and trenching vessel from Maersk Supply Service. The vessel, which…
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Ezion in discussions to take over Swissco JV rigs
Ezion Holdings is in discussions with the interim judicial managers of Swissco Holdings to try and snap up four bargain…
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United Ocean kamsarmax sold to Alassia Newships Management
Reports tell Splash that the 81,900 dwt bulker , one of the most talked about bulkers ships in the sales…
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Former BP bunker exec charged for corruption in Singapore
Chang Peng Hong Clarence, BP’s former eastern regional director for marine fuels, was charged today for taking S$5.65m ($3.98m) in…
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Rizhao Port vice president dragged into corruption investigation
China’s Rizhao Port has announced that vice president Kong Xianlei is now under investigation by the local discipline inspection authorities…
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Toisa gets back to winning ways with charter deal
Toisa Limited, a Greek shipowning entity trying to fight its way out of bankruptcy, has announced that its vessel, ,…
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Star Bulk confirms acquisition of kamsarmax pair
Greek dry bulk owner Star Bulk has confirmed the acquisition of two kamsarmax vessels for a total price of $30.3…
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Diana Shipping wins two new charter deals
Greek dry bulk shipowner Diana Shipping has announced new charters for two of its vessels. Koch Shipping in Singapore has…
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SIPG seeks to develop Yangshan into free trade port
Chen Xuyuan, president of state run port operator Shanghai International Port Group (SIPG), has proposed to the National People’s Congress,…
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