Region
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Premuda settles aframax sales
There’s a happy ending for the sale of two aframax tankers by Premuda of Italy. As anticipated by Splash a…
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KSS adds another VLGC
KSS Line has gone to Hyundai Heavy Industries (HHI) for an 84,000 cu m VLGC, paying $77m for the ship…
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China Shipping confirms mega-boxships order
China Shipping Group signed shipbuilding contracts with CSSC-affiliated Waigaoqiao Shipbuilding for the construction of six 21,000 teu mega containerships on…
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Sinotrans & CSC opens new management entity and orders a dozen new ships
Sinotrans & CSC, one of China’s major state-run logistics companies, has commenced operation of SinoMarine, the integrated shipping management platform…
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Tote moves to limit damages from El Faro disaster
Facing potentially crippling lawsuits to the tune of hundreds of millions of dollars, Tote, the US owner of the sunken…
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Sona Petroleum acquires full interest in Australian oilfield
Malaysia’s Sona Petroleum has announced that its subsidiary, Sona E&P (Perth), has entered into an agreement with Quadrant Northwest and…
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Zhongchang Marine faces delisting
Shanghai-listed Zhongchang Marine is facing the risk of delisting from the stock exchange if it cannot get back to profit…
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Eni consortium wins Mozambique bid
Italy’s Eni has announced that it has, together with partners, submitted a winning bid on the A5-A block offshore Mozambique…
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Wreckage detected, believed to be that of El Faro, says NTSB
Wreckage has been detected that is believed to be that of the lost cargo ship El Faro, according to the…
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Vessel capsizes near HCM City, 3 feared dead
At least three people are thought to have died when a Vietnamese vessel, Hoang Phuc 18, capsized off Ho Chi…
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Eitzen buys back his own ship
Norwegian shipowner Axel C. Eitzen is back in bulk, with his first ship purchase in a handful of years, according…
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Call to move shipping lane further south from Sri Lanka to save whales falls on deaf ears
Efforts by a non-government organisation (NGO) to get containerlines to slow down when transiting south Sri Lanka and to transit…
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In trouble World Wide Supply takes legal action against Petrobras
The decision by Petrobas on Septbemer 16 to cancel charters for two of World Wide Supply’s OSVs has put the…
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LA City Council backs port truck drivers in their strike action
Los Angeles City Council voted unanimously on Friday to support the port truck drivers who have been striking since Monday…
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Cargo ship hits moored barge in Corpus Christi Inner Harbour
A cargo ship hit a moored barge in Corpus Christi Inner Harbour, Texas on the Gulf of Mexico. The 480-foot…
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Three Capital Product Partners tankers get timecharters
Three tankers owned by Greece’s Capital Product Partners have won new timecharter employment, according to the NASDAQ-listed company’s third-quarter results.…
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Otto’s president of shipping becomes CEO of Go Marine
Garrick James Stanley, president of shipping and chartering for Singapore-listed Otto Marine, will become CEO of the Go Marine group…
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Conmar and Contships plan small boxline cooperation
Germany’s Conmar Shipping KG and Athens-based Contships Management have agreed to cooperate in developing commercial and technical synergies. The partnership…
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APL boxship allides with gantry crane at Port Said
The ultra-large containership allided with a gantry crane and navy barge at Suez Canal Container Terminal (SCCT) in Port Said…
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Hapag-Lloyd lowers IPO price range in response to ‘market volatility’
Hapag-Lloyd has lowered the price range of its initial public offering (IPO) on the Frankfurt and Hamburg stock exchanges from…
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