Region
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Polarcus wins new survey work in Australia
Dubai-based seismic vessel operator Polarcus has announced a new contract, from an undisclosed client, for a 3D marine seismic project…
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Beefed-up labour force helps Port of Oakland clear vessel backlog
The Port of Oakland announced on Tuesday that a backlog of vessels in San Francisco Bay is clearing thanks mainly…
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President Obama wants more rapid expansion of icebreaker fleet
US President Barack Obama on Tuesday was set to call for more substantial sums to be invested in increasing the…
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Tsakos Energy Navigation gets two-year tanker timecharter renewal
A handysize owned by Greece’s Tsakos Energy Navigation (TEN) has had its existing timecharter extended by a further two years…
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Sweden to instate new tonnage tax regime from 2016
Sweden will introduce a new tonnage tax regime in 2016 that aims to encourage more ships to sail under the…
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UPDATED: Greek coastguard raids vessel carrying weapons possibly linked to ISIS
The Greek coastguard has raided a cargo vessel carrying weapons suspected to be destined for Islamic State (IS) forces in…
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VLOC scrapped in Pakistan
Germany’s Neu Seeschiffahrt has sold its very large ore carrier (VLOC) vessel Rebekkah N (255,300 dwt, 36,615 ldt; built 1990)…
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VesselsValue.com: Sell VLCCs, buy capesizes and VLGCs
London: Asset players should sell VLCCs, buy capesizes and VLGCs and hold on to smaller containerships. That’s the advice of…
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Feringa and Arntzen handed share sweeteners at Team Tankers
Team Tankers International (TTI) has announced that Hans Feringa has started in his role as president and CEO of the…
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Island Offshore delays three newbuilds at Vard, plans further lay ups
Norway’s Island Offshore is taking measures to deal with the depressed offshore market, delaying three newbuilds at Vard’s Brevik yard.…
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Euronav fixes $750m credit facility
Euronav has signed a new $750m senior secured amortizing revolving credit facility led by DNB Bank and Nordea Bank acting…
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Tanker and bulker in late night Black Sea collision
Just before midnight last night, oil and chemical tanker Paros Wind (17,060 dwt, built 1998) collided with bulker CS Jaden (38,101…
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Subsea 7 joins the party with $150m Culzean contract from Maersk Oil
Oslo-listed Subsea 7 has won a contract from Maersk Oil for subsea, umbilical, riser and flowline work at the Culzean…
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Samsung Heavy comes to Sungdong’s rescue
A rescue path has officially been laid out for Sungdong Shipbuilding & Marine Engineering. Samsung Heavy Industries and the Export-Import…
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Rotterdam looks at Indonesian port development
The Port of Rotterdam Authority has signed a partnership agreement with the Indonesian Port Corporation Pelindo I to develop a…
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Polarcus wins new Brazil contract
Dubai seismic specialist Polarcus has won a new contract for a broadband 3D marine seismic project offshore Brazil. The non-exclusive…
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China Ministry of Transport releases guidance on pollution control
China’s Ministry of Transport has officially released an implementation plan to control ship and port pollution for the next five…
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Sembcorp Marine secures $1bn EPC contract from Maersk Oil
Singapore’s Sembcorp Marine has announced that its subsidiary SMOE has secured an EPC contract worth over $1bn from Maersk Oil…
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CSIC reshuffles propulsion assets
Shanghai-listed Fengfan Limited, a CSIC-affiliated storage battery producer, has announced that it plans to issue RMB13.9bn ($2.16bn) worth of new…
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Shell-leased rig failed safety drills in May
US Coast Guard (USCG) safety drills in May showed Shell’s drilling rig Polar Pioneer was short of readiness, according to…
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