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Investor action could spell the end for Rickmers Maritime
Rickmers Trust Management, the Singapore-listed trustee-manager of Rickmers Maritime, has announced that it has been served with a “notice of…
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APL Logistics blames K Line bankruptcy rumours on a ‘small number’ of employees
Japanese-owned APL Logistics Group has issued a statement via president Beat Simon in response to accusations by Kawasaki Kisen Kaisha (K Line)…
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Blohm+Voss acquired by Luerssen Group
German shipyard Blohm+Voss is being sold by UK-based Star Capital Partners, with family-owned Bremen shipyard group Luerssen the buyer. Luerssen…
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Maerskelina: Hanjin Shipping and HMM acquisition talk questioned
Yesterday’s comments by an analyst at Jefferies suggesting Maersk Line may look to buy both of South Korea’s top two…
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Hanjin Shipping could still be sold, court says
The court in Seoul overseeing Hanjin Shipping’s receivership has said a sale of the company is one of a number…
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Danish Ship Finance bought for $710m
A Danish consortium comprising private equity firm Axcel, and pension funds PFA and PKA has taken control of Danish Ship…
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Number of semi-submersible rigs will need modifications: DNV GL
Following an accident involving on December 30 2015, some 100 semi-submersible rigs approved by class society DNV GL will be…
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Myrvoll to step down at Rem Offshore
Arild Myrvoll has reached an agreement with the board of Rem Offshore to resign as CEO in the company with…
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Maersk installs new Damco boss as Sørensen departs
Maersk Group has announced that Klaus Rud Sejling, current head of East West Trades in Maersk Line, has been appointed…
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Zodiac snaps up aframax
Brokers tell Splash that the tanker division of Zodiac Maritime Agencies has picked up the 105,000 dwt tanker for $20.5m.…
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Kirby Inland Marine agrees to $4.9m penalty over 2014 Houston Ship Channel spill
Houston-based Kirby Inland Marine, which operates the US’ largest fleet of inland tank barges and towing vessels, on Tuesday agreed…
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Statoil terminates North Atlantic Drilling contract
North Atlantic Drilling, part of John Fredriksen’s Seadrill, has announced that it has received a notice of cancellation from Statoil…
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Canada gives all-clear for Petronas-backed Pacific NorthWest LNG project
Canada’s federal government on Tuesday gave its conditional approval to the huge liquefied natural gas (LNG) project in northern British…
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CSC Phoenix restructuring falls through
CSC Phoenix has announced that the board of the company has terminated its restructuring with Tianjin Ganghai Constructuion, a dredging…
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Nordic American Tankers prices offering to raise $110m
Nordic American Tankers has revealed the pricing of its recently announced public offering. The company will raise $110m through selling…
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ILWU and shipping industry employers’ body agree to talk about contract extension
The major labour union for US West Coast dockworkers and the organization representing employers in the shipping industry on that…
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Crane bursts into flames while unloading coal from bulker at Brazilian port
A ship-to-shore crane burst into flames while being used to unload a cargo of coal at the Port of Itaqui…
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JB Rae-Smith appointed CEO of Swire Oilfield Services
Swire Group has appointed JB Rae-Smith as CEO of its specialist offshore cargo carrying firm Swire Oilfield Services. Rae-Smith, who…
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Teekay seals Yamal charter for newbuild
Teekay LNG Partners, the publicly-traded Teekay Corporation MLP, has entered into a 15-year time-charter contract with the Yamal LNG project…
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Farstad Shipping wins subsea work from Total
Norway’s Farstad Shipping has been awarded an 18 month contract by Total E&P Congo, via Petro Services, for 2015-built construction…
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