Region
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Ningbo Merchant Shipping bulker to be auctioned
Ningbo Maritime Court has announced that it will auction Ningbo Merchant Shipping’s bulk carrier on online platform taobao.com on August…
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Hyundai Merchant Marine stakes claim to Middle East mastery
South Korean containerline Hyundai Merchant Marine (HMM) has announced today that it expects to have the largest market share in…
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Rowan seals multiple rig contract extensions
Rowan Companies has reported a series of contract extensions in its latest fleet status report. Drillship Rowan Resolute has received…
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EMAS Offshore sells shares in PV Keez FPSO
EMAS Offshore Production Service (Vietnam) (EOPS), a fully owned subsidiary of EMAS, and Ezra Holdings Limited, the holding company of…
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EIA says expanded Panama Canal a boon to US LNG exports
The enhanced Panama Canal is going to be a boon for US liquefied natural gas (LNG) exports to Asian markets…
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Vale sells three VLOCs to group led by China’s ICBC
Brazil’s mining giant Vale has agreed to sell three of its Valemax bulkers to a group of buyers led by…
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UK Chamber: Brexit presents an ‘unprecedented lobbying opportunity’
The CEO of the UK Chamber of Shipping has said the next two years will be a great time for…
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Marenave Schiffahrts must start repaying ship loans again
Eight of Marenave Schiffahrts’ single-ship companies must begin making repayments to their banks, following the expiry of a six-month extension…
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Pemex seeking partners to help run its inefficient oil refineries
Pemex, Mexico’s state oil firm with extensive offshore production interests, is in talks with several investment banks about how to…
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Families agree undisclosed settlement in Black Elk rig disaster case
Families of victims of the 2012 explosion and fire on the Black Elk rig in the Gulf of Mexico, have…
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Alpha Completions Group wins Gulf of Mexico contract with Hess
Houston-based oil services company Alpha Completions Group has landed a contract with New York-based driller Hess Corp for work on…
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Head of dry cargo at Norden quits to join XO Shipping
Ejner Bonderup has resigned as Norden’s executive vice-president and head of its dry cargo department in order to join Denmark’s…
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SSY and Carnegie form ship finance joint venture
London-based shipbroker Simpson Spence Young (SSY) has formed SSY Carnegie LLP, a joint venture (JV) with Nordic investment bank Carnegie…
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Genco amends terms of its refinancing
NASDAQ-listed Genco Shipping & Trading has eased the terms of its refinancing with lenders after failing to secure $125m in equity…
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Dire conditions reported onboard stranded Greek bulker off India
Local seafaring unions in India are asking for help to assist the crew on the handy bulk carrier , which…
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Tanker detained in Libya
Diplomats from Russia, Ukraine and Greece are trying to get in contact with the crew of the , which was…
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$829,468: Boxship set to pay record Panama Canal fee today
Later today a boxship will pay the highest ever Panama Canal transit fee in the waterway’s 102-year history. The Hong…
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Huxley cites ‘disagreement among senior management’ for his shock Wah Kwong departure
Tim Huxley has told Splash “a disagreement among senior management” was the reason for his surprise departure as ceo of…
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Daiichi Chuo president vows all debts will be repaid this month
In his first interview since taking the top job at Daiichi Chuo, Toshihide Egawa has told Kaiji Press the line…
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Karamanli close to completing privatisation of Hellenic Carriers
Hellenic Carriers move to delist from the London Stock Exchange is nearly complete. Faith Holdings, the vehicle used by Hellenic CEO…
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