Region
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Safe Bulkers sells and leases back four kamsarmaxes
Safe Bulkers has sold four of its kamsarmax vessels to an unnamed bank for a net price of $92.1m, and…
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Parliament investigates corruption at cash strapped DSME
South Korea’s parliament has started an investigation into how one of the nation’s largest shipbuilders has suffered such a swift…
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Bilfinger chops 200 Norwegian staff
Germany’s Bilfinger Group is looking to axe another 200 staff in Norway. The 200 staff, whose redundancies are expected from…
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Sale of shipbuilder SPP to start in earnest next month
The main creditor of South Korea’s SPP Shipbuilding will look to offload the yard next month. Woori Bank will send…
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CLNG, Dynagas and Sinotrans Shipping to jointly invest in LNG carriers
China Merchants Energy Shipping (CMES) has announced that the board has approved its subsidiary CLNG to invest in five Arctic…
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Three shipping champions emerge in Italy
Nicola Capuzzo was among 3,000 guests at last Friday’s Shipbrokers and Shipagents Dinner held in Genoa. The Italian shipping industry…
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Union dockers in Bay Area vote against coal at proposed commodity terminal
Bay Area dockworkers have voted against a proposal to ship coal through a planned new bulk commodity terminal, according to…
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American Midstream Partners take minority stake in Delta House
Denver-based pipeline operator American Midstream Partners announced on Monday it has closed the acquisition of a minority interest in the…
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Nantong Rainbow teams up with GustoMSC
Nantong-based Rainbow Heavy Industry (RHI) has announced that it has signed a framework agreement with Dutch company GustoMSC to cooperate…
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Ultrapetrol loses its charter to Petrobras too
After prematurely terminating its charters of Siem Offshore and World Wide Supply vessels, Petrobras is cancelling its contracts on three…
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Petrobras cancels Siem Offshore vessel’s contract
Petrobras has cancelled its long-term charter of a Siem Offshore’s platform supply vessel (PSV) Siem Carrier, after the vessel failed to…
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Petrobras terminates offshore vessel contracts with World Wide Supply
Brazilian state energy company Petrobras has prematurely terminated its timecharter of two offshore supply vessels owned by Norway’s World Wide…
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Sea Traders buys eight bulkers in Lan Hai bank sale
Greece’s Sea Traders has spent over RMB 535m ($84m) on three kamsarmaxes and five supramaxes formerly owned by Guangdong Lanhai…
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Solstad scores trio of charter contracts
Solstad Offshore has entered into an agreement with Chevron North Sea for hire of the PSV Normand Flipper for a…
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Yiyang Zhonghai Shipyard listed for sale
Yiyang Rubber Plastics Machinery Group has listed 100% equity of Hunan-based Yiyang Zhonghai Shipyard for sale on the Beijing Equity…
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Former chairman buys out Singapore’s Jasper Investments
Singapore-listed offshore firm Jasper Investments has been bought out by a former chairman. Triton Investments No. 8 is paying S$1.25m…
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Shanghai North Sea Shipping orders three new tankers
Shanghai North Sea Shipping has ordered three 55,000-dwt MR crude tankers from China’s Guangzhou Shipyard International shipyard. The three tankers…
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Urea carrier catches fire in Indonesia
An ancient Indonesian bulk carrier caught fire yesterday morning, the latest accident involving fertilizer. The 1976-built, 11,196 dwt urea carrier…
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Jason Marine: Broadband for all ships inevitable
Singapore: It won’t be long before all ships have broadband internet, claims the head of a leading Singapore tech firm…
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Hainan Strait Shipping to acquire port and shipping assets
Hainan Strait Shipping, the major ferry and roro service operator in Hainan, has announced that it is working on the…
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