Region
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The next Somalia
In January 2015, I went for a swim in the Sulu Sea. Just a family day out at the seaside,…
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Seoul wades into shipping restructuring
The South Korean government will come to the rescue of the nation’s hard pressed shipping lines and shipbuilders. With many…
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Guoyu Shipping exits shipowning with supramax sales
Sources tell Splash that two popular supramaxes have successfully been offloaded by low-key Chinese firm, Guoyu Shipping. The 57-000 dwt…
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Concordia Maritime secures new contract for P-MAX tanker
Concordia Maritime has announced that it has secured a new consecutive voyage contract for the P-MAX tanker from an unnamed…
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Navig8 Product Tankers secures $130.3m financing for quartet
Navig8 Product Tankers has announced that it has entered into a $130.3m senior secured credit facility agreement with Citibank and…
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Canadian west coast tanker ban on the rocks
Canadian prime minister Justin Trudeau’s plans to ban tanker calls on the nation’s west coast – an election pledge from…
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Second Sainty Marine auction fails
The second auction for the entire assets of bankrupt Chinese shipbuilder Sainty Marine has failed today due to there being…
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BW Offshore gets FPSO contract extension from Petrobras
BW Offshore has announced that Petrobras America has exercised an option to extend the contract for FPSO from the first…
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A2SEA wins Arkona offshore contract
Offshore service provider A2SEA has announced that it has secured a contract from E.ON and Statoil to install 60 Siemens…
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Pemex plant blast death toll reaches 32
The death toll in the Pemex petrochemical plant explosion has risen to 32 after the discovery of four more bodies…
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Ocean Rig buys ex-Schahin drillship at auction
Ocean Rig has bought the sixth-generation ultra-deepwater drillship Cerrado at auction for $65m. The drillship was formerly owned by the…
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Transgrain extends timecharter of Diana panamax
Rotterdam-based Transgrain has extended its timecharter of one of Diana Shipping’s panamax bulk carriers by a further 11 to 14…
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Investigation starts after Technip seafarer killed at Invergordon port
Police and the UK Health and Safety Executive (HSE) have launched a joint investigation at Invergordon Port in Scotland after…
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Deep Sea Supply PSVs win contracts in the North Sea, Sakhalin and Suriname
Four platform support vessels (PSVs) owned by Norway’s Deep Sea Supply have won charters with major oil companies all over the…
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Wood Group wins subsea contract from Statoil at Snorre expansion project
Statoil has awarded Wood Group with a contract for subsea field concept engineering at the Snorre expansion project on the Norwegian continental…
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CMA-CGM postpones megaship calls to US west coast ports
French container giant CMA-CGM has postponed plans to send some of its so-called megaships on routes to US west coast…
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Financial watchdog investigates former Hanjin chairman’s share selloff
South Korea’s Financial Supervisory Service is looking into speculation that Choi Eun-yeong, Hanjin Shipping’s chairman until 2014, profited from the…
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V.Group boss denies sale speculation
Clive Richardson, president and ceo of V.Group, has denied UK press reports that the company is up for sale. The…
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Club and Superclub
The merger of the UK P&I Club and the Britannia P&I Club is perhaps a sign of the times. Mergers…
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New CEO for Golden Ocean as Billing departs
John Fredriksen’s Golden Ocean Group has announced that it has appointed Birgitte Ringstad Vartdal as the new chief executive officer…
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