Region
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Overseas push
Non-Italian business is close to surpassing domestic revenues at RINA for the first time. Every year RINA Group becomes more…
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Tsuneishi Zhoushan to enter cruise market
Japanese shipbuilder Tsuneishi Shipbuilding is planning to enter the luxury cruise construction market and will use its shipyard in Zhoushan…
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McDermott secures three contracts in the Arabian Gulf
McDermott International has announced that it has been awarded three separate projects by a major national oil company for integrated…
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Petrobras and Ensco wheel and deal on rig contracts
UK-based offshore drilling contractor Ensco has revised terms with Petrobras over some of its rig contracts with Brazil’s scandal-plagued, financially…
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Harkand goes into administration
Harkand has gone into administration, according to a recorded answering machine message at the company’s Aberdeen office. Its website has…
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US Port of Vancouver begins hunt for new CEO
The CEO of the Port of Vancouver, Washington, Todd Coleman will step down after almost exactly four years in the…
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Ridgebury named as buyer of DHT suezmax
Ridgebury Tankers has been named by brokers as the buyer of a suezmax sold by NYSE-listed DHT Holdings. The Korea-built…
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Arrested bulk carrier allowed into port after a month at anchorage
After over a month spent at anchorage, the detained bulk carrier DST Oslo (74,500 dwt, built 1999) has been allowed to…
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Leading roro car carriers face new class action over collusion
Some of the world’s leading car shipping firms face the prospect of more court appearances after a class action was…
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ACP defers latest Panama Canal draft restriction
Recent draft restrictions for vessels transiting the Panama Canal, which were scheduled to begin on May 9, have been pushed…
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Malaysia, Indonesia and Philippines to strengthen anti-piracy cooperation
Foreign ministers from Indonesia, Malaysia and the Philippines agreed at a meeting today to conduct additional sea patrols and establish a…
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Wood Group to service Shell’s North Sea assets
Wood Group PSN has won more work in the North Sea, this time a contract extension to provide maintenance and construction services…
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Cosco Hope captain faces grilling over Port Said fire
Prosecutors are in Port Said and are mulling arresting the captain of the 13,100 teu after the ship caused millions…
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Beijing seals Cosco/China Shipping merger
The listed subsidiaries of Cosco and China Shipping have all made announcements that the State-owned Assets Supervision and Administration Commission…
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Indonesian owners urged to travel in convoy when transiting piracy prone areas
The Indonesian National Shipowners Association (INSA) is telling its members to travel in convoy when transiting anywhere near Mindanao in…
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Semua Shipping finds a buyer
Malaysia’s R&A Telecommunication Group is buying Semua Shipping from Sumatec Resources. Semua currently owns six 8,000 dwt product tankers. All…
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Bahri secures financing for VLCC spree
The National Shipping Company of Saudi Arabia (Bahri) has signed a RYL700m ($186.7m) loan to help pay for 80% of…
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Call to make Italian flag more competitive
Italy can boast the second largest registry in the European Union. However, changes need to happen fast to avoid owners…
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Bureau Veritas buys casualty consultancy
French classification society Bureau Veritas has bought British consultancy TMC Marine. TMC has provided pre- and post-casualty advice and support…
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Another 300 staff face the chop at Wood Group
Oil services firm Wood Group will axe another 300 UK office-based staff from its North Sea operations. “We are streamlining…
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