Region
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Wallem Group: ‘Seafarers are still the challenge’
Hong Kong: For all the talk of fast growth among the world’s top shipmanagers, the Achilles’ Heel still lies in…
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D’Amico spends $88m on two more LR1s
D’Amico International Shipping has just announced that its operating subsidiary d’Amico Tankers Limited – Ireland entered into an agreement for…
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Sinopacific resolves worker salary dispute
Sinopacific Shipbuilding has announced that it has resolved an ongoing salary dispute with workers who started a protest at its…
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Reach Subsea gets timecharter in North Sea
Reach Subsea’s research/survey vessel Edda Fonn, which is jointly operated with MMT Sweden, has been fixed on a 60-day timecharter…
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Hanjin Heavy cancels Golden Union cape pair
Two capesizes due to built for Greek firm Golden Union at Hanjin Heavy Industries & Construction’s shipyard in the Philippines…
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Matson agrees to stop beaching ships
American boxline Matson has agreed to stop beaching its ships for recycling in India, Pakistan and Bangladesh. Its last ship…
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Nissen Kaiun in discussions to offload cape
Japan’s Nissen Kaiun is selling the 177,640 dwt Bulk India. The owner is in close negotiations with an unidentified Greek…
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Panama Canal’s leaks could cause expansion delay, official admits
Doubts about the Panama Canal’s ability to meet its expansion launch deadline got an official face on Tuesday as the…
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Coles takes top job at Transas
Bridge equipment provider Transas has tapped a well known name in the world of maritime technology to become its new…
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CNOOC sets up joint venture with MSP/DRILEX
China National Offshore Oil Corporation (CNOOC)’s subsidiary CNOOC Energy Technology & Services has established a joint venture with MSP/DRILEX, a…
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Taicang adds new terminal
Taicang Port, one of the fastest growing ports in China, has started the construction work of its new Runhe Terminal…
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Mexico seizes nearly 170kg of cocaine on Hamburg Süd containership
Mexican authorities revealed on Monday that on Sunday they had seized 169.5 kilograms of cocaine hidden on a Hamburg Süd…
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Vard becomes a shipowner, DOF charters Vard PSV for work in Australia
Vard has become a shipowner through the foundation of a new subsidiary, Vard Shipholding Singapore, which will own a platform…
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Frontline terminates charter of SFI suezmax to be sold
Frontline has terminated its long-term timecharter of the suezmax tanker Front Splendour (149,700 dwt, built 1995), which owner Ship Finance International (SFI)…
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MHWirth to axe up to 800 more staff
Another day, another slew of redundancies hits Norway’s hard pressed offshore sector with drilling firm MHWirth set to chop between…
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Husky Oil cancels Seadrill rig contract
Husky Oil Operations has cancelled its charter of Seadrill’s drilling rig West Mira, which follows the termination of the rig’s…
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Locks maintenance will see Panama Canal capacity dip by half in coming week
The Panama Canal’s capacity could drop by half in the coming week as locks are selectively taken out of service…
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Aker Philadelphia sells stake in Jones Act tanker JV
Marathon Petroleum Corp (MPC) is to buy Aker Philadelphia Shipyard’s stake in its Jones Act tanker joint venture (JV) with…
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Aurora’s Kenny Rogers roasts ecoships
The two-tier market for earnings caused by ecoships could come to an end if bunker prices remain low, a senior…
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Norden to exit larger bulker trades
Denmark’s Norden is looking to offload its larger bulker carriers and focus on handies and panamaxes. In an interview with…
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