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MOL restructures organisation, eyes new businesses
One of the world’s largest shipping companies, Mitsui OSK Lines (MOL) from Japan, is restructuring its organisation again. Last April…
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Otto Danielsen: The boutique maritime asset management platform
Around the start of the year two old shipping pals clubbed together to buy a Danish shipowner as a platform…
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Hyundai Heavy staff in three-day strike
15,000 workers at the world’s largest shipbuilder downed tools yesterday for what will be a three-day strike in protest at…
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Union Demeter to be released by Indian authorities
Chinese vessel , which has been detained by an Indian court for nearly 50 days, will be released and returned…
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Petrobras suspends charter payments to Teekay for problematic accommodation rig
Brazil’s state oil firm Petrobras has not been making charter payments to Teekay Offshore Partners since November for an offshore…
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Noble Corporation secures ExxonMobil contract in Canada
Offshore driller Noble Corporation has secured a new rig contract from ExxonMobil for a plug and abandonment (P&A) program off…
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Fugro extends charter for DOF construction support vessel
Fugro Subsea Services has signed a new charter with DOF for 2009-built construction support vessel . The new contract commences…
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Train wrecks, shipping and transparency
“A train wreck in slow motion.” That’s how Venkatraman Sheshashayee, the offshore veteran and CEO of Micyln Express Offshore, described…
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MOL invests in Seajacks
In line with its recently announced intentions to aggressively expand in offshore, Japanese shipping giant Mitsui OSK Lines (MOL) is…
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Allseas wins Nord Stream 2 pipelay project
Allseas has been awarded a contract for offshore pipelay at the Nord Stream 2 natural gas pipeline through the Baltic…
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Chinese firm replaces ICTSI in Brunei
A Chinese terminal operator will take the slot vacated by Philippines-based ICTSI at Brunei’s top container facility. Guangxi Beibu Gulf…
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Pakistani seafarers face deportation from Australia after failed asylum leap
Australia’s Immigration Department has ruled it will deport three Pakistani seafarers who jumped from their livestock carrier last week in…
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Cracked pipe kills seafarer
A Ukrainian seafarer was killed yesterday in Bangladesh when a cracked engine pipe onboard the general cargo ship gushed scolding…
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Varada Blessing VLCC sets size record on Taobao
At 327 m in length and weighing in with a gross tonnage of 156,539 tonnes, the VLCC is believed to…
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SPP to hand over final ship tomorrow and face liquidation
Tomorrow SPP Shipbuilding will deliver its final vessel and then face liquidation. Once the world’s foremost chemical carrier manufacturer, the…
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Qatar’s S’hail Shipping snaps up first ship
Newly established S’hail Shipping of Qatar has been linked to its first ship. Sources say it has snapped up the…
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Bibby gets green light for Emas Chiyoda Subsea vessel arrest
Bibby Offshore has advanced in its Texas court case against Emas Chiyoda Subsea, with the judge granting the company permission…
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SDSD: Shipbroking heads to the cloud
Ten days ago the maritime software development company SDSD launched V-Chartering – a new cloud chartering platform for wet and…
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Damen to cut 150 jobs
Damen Shiprepair & Conversion is undergoing a reorganisation at three of its Dutch yards Damen Shiprepair Rotterdam, Damen Shiprepair Van…
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Court freezes entire assets of Evergreen Holding
Evergreen Holding, the parent group of Sinopacific Shipbuilding, has had all the fixed assets of the company frozen by courts…
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