Region
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JSC secures FEED contract for Woodfibre LNG project
Japan’s JGC Group has announced that its wholly-owned subsidiary, JGC America, has been awarded a contract to provide front-end engineering…
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Boskalis secures Dong Energy contract
Dutch firm Royal Boskalis Westminster (Boskalis) has announced that it has been awarded a contract by Dong Energy for the…
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CMA CGM’s Rodolphe Saadé warns of more bankruptcies
While expressing pity for his Korean peer Hanjin Shipping, Rodolphe Saadé, vice chairman of CMA CGM, warned other bankruptcies in…
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Case put forward for offshore drilling in the Arctic
Officials in the administration of US President Barack Obama and former senior military figures have spoken out in favour of…
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Italy’s shipping NPL market worth almost $10bn
While the overall amount of non-performing loans (NPLs) held by Italian banks has an estimated value of $350bn, the shipping…
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Gulf Navigation orders six chemical tankers
Having skirted very close to bankruptcy in the past 18 months, Dubai’s Gulf Navigation is back in ordering mode. The…
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Shipping warned over escalation of attacks in southern Red Sea
Ambrey Risk, a UK security consultancy, is warning of a step change in violence seen in waters in the southern…
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SD Standard Drilling continues to invest in PSVs
Norwegian offshore investment vehicle SD Standard Drilling has taken a 20% stake in PSV Opportunity II DIS. PSV Opportunity II…
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Coscocs establishes new shipbuilding entity
China Cosco Shipping Corportion (Coscocs) is establishing new shipbuilding entity China Cosco Shipping Heavy Industry to integrate its shipbuilding business,…
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Byzantine in for LR2s
Byzantine Maritime of Greece has come in for a one plus one order of LR2 tankers at South Korea’s Daehan…
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Furetank solves LNG supplies
German gas bunker supplier Bomin Linde LNG has signed a Letter of Intent (LOI) with the Swedish shipowner Furetank Rederi…
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Fundamentals of shipping are changing, warns Danish shipowners boss
At a press briefing this morning Anne Steffensen, director general of the Danish Shipowners’ Association, set the scene for the…
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RPG fired at gas ship off Yemen
A number of private security firms have confirmed to Splash that the laden Teekay LNG vessel was fired on by…
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Shanghai Shipyard to lay off 1,000 workers
CSSC-affiliated Shanghai Shipyard is going to lay off 1,000 employees by the end of this year, a source at the…
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Dong appoints J.P. Morgan to explore sale of oil and gas business
Denmark’s Dong Energy has confirmed the appointment of J.P. Morgan as it reviews options regarding the future of its oil…
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Huxley’s Mandarin fixes latest newbuild to X-Press Feeders
Hong Kong-based Mandarin Shipping has fixed its latest newbuilding, the 1, 700 teu , to X-Press Feeders for a period…
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Zosco puts four capesize bulkers up for sale
Chinese state-run shipping company Zhejiang Ocean Shipping (Zosco) has put four capsize bulkers for sale according to London-based shipbroker Galbraiths.…
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BW Dry Cargo takes another supramax
Fast developing BW Dry Cargo has paid $12m for another supramax. Founded by BW Group this April, BW Dry Cargo…
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Seacor makes $305m GulfMark approach
Seacor Holdings chief executive Charles Fabrikant has written to GulfMark Offshore chairman David Butters suggesting the pair merge. Seacor, which…
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Stena Drilling rig handed early termination by Statoil
Noway’s Statoil has announced a decision to cancel the contract for Stena Drilling semisubmersible rig . While the rig had…
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