Region
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Danaos most exposed if Hanjin Shipping starts to renegotiate contracts
South Korean media is awash with reports that Hanjin Shipping could follow Hyundai Merchant Marine in seeking urgent charter contract…
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NYK LPG tanker given first slot for transiting the expanded Panama Canal
The honour of being the landmark first vessel to transit the expanded Panama Canal in late June will fall to…
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MISC looks to acquire FPSO assets
Malaysia’s MISC is looking to acquire distressed floating, production, storage and offloading (FPSO) assets, local newspaper The Star reports. According…
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China eyes more Arctic transits
China will send more ships through the Arctic to “change global maritime transport”, a spokesperson for the Maritime Safety Administration…
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Discarded syringe sparks BP drugs test
A syringe that was found discarded on a flotel next to a BP North Sea platform on Saturday has sparked…
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Transocean delays drillships at Jurong Shipyard
Transocean has announced that it has reached an agreement with Sembcorp Marine’s subsidiary, Jurong Shipyard, to delay the delivery and…
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Bohai Shipbuilding Industry to build China’s first offshore nuclear platform
China Shipbuilding Industry Corporation (CSIC) has confirmed that it will construct the first offshore nuclear platform at its affiliate yard…
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Otto Marine faces $17.5m lawsuit
A subsidiary of Singapore-listed offshore firm Otto Marine faces a court case. Supply Fleet (SFPL) has received a writ of…
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Saipem awarded contracts worth $488m
Italian offshore service provider Saipem has announced that it has been awarded new E&C contracts cumulatively valued at around €430m…
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PGS Geophysical appeals court decision in favour of GC Rieber
GC Rieber Shipping has announced that PGS Geophysical has appealed a decision by the Bergen district court in a lawsuit…
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New China-centric box alliance set to be announced shortly: WSJ
The Wall Street Journal is reporting that a brand new container alliance comprising Cosco, China Shipping, OOCL, CMA CGM and…
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Cox Oil Offshore acquires Chevron’s shallow water assets in the Gulf of Mexico
Dallas-based independent oil and gas firm Cox Oil Offshore has completed the purchase from Chevron of all the supermajor’s shallow-water…
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Crewman found dead as tugboat capsizes on Houston area river
A crewman from a capsized tugboat was found dead in the San Jacinto River near Houston on Tuesday morning. Four…
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Banaszkiewicz back as chairman of the FFABA
Nearly 20 years since he was last elected to the post John Banaszkiewicz, the managing director of Freight Investor Services…
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‘Urgent coordinated action’ needed ahead of container weighing implementation
National authorities in Europe must take “urgent coordinated action” to ensure a level playing field when new regulations enter into…
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Indonesian premier addresses IMO’s Marine Environment Protection Committee
Sustainable management of the world’s oceans will be crucial to the world’s development, Indonesia’s president Joko Widodo said today in…
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Gulf Navigation to be overhauled by new CEO
Gulf Navigation has appointed Khamis Juma Buamim as its new managing director and CEO, who it says will aim to grow…
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Safe Bulkers amends $30.3m loan from Nordea
Safe Bulkers has extended the maturity of its $30.3m loan from Nordea Bank by a further two years as part…
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Repsol Sinopec Brasil, Petrobras and Statoil strike oil offshore Brazil
Repsol Sinopec Brasil and Petrobras, along with European partner Statoil, announced on Monday that they have struck oil in the…
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Tsakos eyes shunned Patricia Schulte
Has the 2,800 teu, 10-year-old Patricia Schulte finally found an owner willing to open up his wallet? The boxship, owned…
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