Region
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Two Gujarat shipbreakers deemed HK Convention-compliant
In a big boost to India’s green shipbreaking credentials two recycling yards have been deemed by Japanese class society ClassNK…
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Electromagnetic Geoservices to shed a vessel and staff to cut costs
Electromagnetic Geoservices (EMGS) is to sell one of its three owned vessels and will lose more of its staff to…
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South Africa’s ship registry receives first two vessels
South Africa’s ship registry has welcomed the first vessel to the country’s commercial fleet since 1985, with another to be…
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Rise of the megaship brings huge casualty risks
An alert on the future of shipping casualties concerning ultra large ships under construction and already at sea has been…
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Spinnaker Global: ‘More planning around recruitment’
Leigh-On-Sea: Recruitment in maritime has changed dramatically during the downturn, with a far greater proactive focus than in the past,…
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Daiichi Chuo files for bankruptcy
As first reported by Splash last week, Daiichi Chuo Kisen Kaisha, Japan’s fifth largest shipping line, has filed for bankruptcy,…
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More Chinese shipping bankruptcies likely: Fitch
China’s slower growth and economic transition will pose significant risks for the shipping sector, which already faces overcapacity, weak freight…
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ER Schiffahrt and Bernhard Schulte take 12 Maersk boxships under management
ER Schiffahrt and Bernhard Schulte Bernhard Schulte Shipmanagement (BSM) are to take over the full management of 12 container vessels…
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NewLead announces failed coal mine deal ahead of CEO’s deposition
NewLead Holdings says it failed to complete the acquisition of a coal mine in Kentucky during 2013. The statement comes…
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Chiyoda and Ezra move closer
Singapore’s Ezra Holdings’s proposed subsea services joint venture with Japan’s Chiyoda Corporation has moved a step closer with a binding…
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Frontline to delist from the London Stock Exchange
Frontline is delisting from the London Stock Exchange, cancelling all of its ordinary shares of $1.00 each with effect from…
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Nissen Kaiun sells its best cape
Several brokers report that the Japanese bulker specialist Nissen Kaiun has shed one of its best capesizes. The one-year-old Japanese…
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Ningbo Marine cancels restructuring
Ningbo Marine has announced that it has cancelled a major restructuring deal after it failed to get approval from authorities.…
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Prosafe chairman steps down
Ronny Johan Langeland resigned yesterday as chairman of the board of Prosafe due to health reasons. The board will convene…
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Russia delaying drilling projects
Russian state-backed energy giants Rosneft and Gazprom have made plans to delay a number of offshore drilling projects by two…
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USCG detains Greek bulk carrier for fire-safety flaws
Greek bulk carrier Rena (81,700 dwt, built 2010), owned and operated by Trojan Maritime, has been detained at the port…
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Mitsubishi Heavy streamlines Nagasaki operations
One of Japan’s most prestigious shipyards has outlined plans for the future of its Nagasaki operations, a move that will…
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Court auctions Fu Lai Deng Shipping bulker to pay crew wages
Shanghai Maritime Court has sold a 28,789dwt bulker owned by Wenzhou-based Fu Lai Deng Shipping via auction in order to…
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Zhongchang Marine president resigns
Zhongchang Marine has announced that Chen Shengjie, president of the company has resigned for personal reasons, just one year after…
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Petrobras lifts ban on SBM Offshore
Petrobras has formally invited the Brazilian subsidiary of Dutch firm SBM Offshore to join in the Libra and Sepia FPSO…
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