Region
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Third auction of STX Dalian falls through
Dalian: The third auction of bankrupt shipyard STX Dalian and its subsidiaries held by Dalian Intermediate People’s Court fell through…
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Dalian Shipbuilding Industry Corporation secures seven from Cosco
Dalian: Dalian Shipbuilding Industry Corporation (DSIC) has announced that it has signed shipbuilding contracts with Cosco Dalian, the oil shipping…
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COSL Drilling Europe cuts over 220 staff
Oslo: COSL Drilling Europe, the European arm of China’s COSL Oilfield Services, is downsizing its work force by 229 people…
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Argentine judge orders seizure of assets belonging to oil firms working in Falklands waters
San Francisco: The Falklands Islands’ oil dispute was turned up a notch with a decision by an Argentine judge to…
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Scorpio tanker carrying naphtha collides with cruiseship in the Dardanelles Strait
Istanbul: A tanker carrying highly explosive naphtha collided with a cruiseship early this morning in the Dardanelles Strait. While no…
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Panama Canal authority gets US grant to look into LNG import terminal
San Francisco: The US Trade and Development Agency (USTDA) has awarded a grant to the Panama Canal Authority (ACP) funding…
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Barge captain gets six-month jail for fatal explosion in Chicago canal 10 years ago
Chicago: Ten years after the event an Illinois man was sentenced to six months jail time for negligent manslaughter and…
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Greece’s creditors take aim at nation’s shipowners
Athens: Greece’s creditors are taking aim at the nation’s shipowners in a move that could see many more lines move…
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GC Rieber refinances five survey vessels with $226m in loans
Athens: Norway’s GC Rieber Shipping has refinanced five of its research/survey vessels with $226m in loans from two banking consortia.…
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Investors sue OW Bunker for $120m
Athens: Danes who invested in OW Bunker’s initial public offering (IPO) are suing the now-defunct bunker supplier for DOK 800m ($120m). OW…
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Petrobras asks US judge to throw out class-action fraud case brought by investors
San Francisco: Petrobras, Brazil’s graft-racked state-run oil giant asked a US judge on Thursday to throw out a fraud case…
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Transpetro plans massive fleet selloff
Sao Paolo: Taking a leaf out of fellow Brazilian commodities giant Vale, Petrobras is studying a plan to sell off…
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GMS: More than 100 capes could be torched this year
Dubai: As well as its leading position in the world of ship recycling GMS owns a number of ships, hence…
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General cargo ship catches fire off Aberdeen
Athens: A small general cargo vessel burst into flames around 10 nm off the port of Aberdeen, Scotland, forcing the vessel…
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Kenya sends 62 convicted pirates back to Somalia
Mombassa: Kenya’s government has repatriated 62 Somali pirates who have served their jail sentences. There are currently 164 pirates still…
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Havila scores Premier Oil PSV contract
Oslo: Havila Shipping has won a charter contract with Premier Oil UK for PSV Havila Crusader (5,433 dwt, built 2010).…
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Aibel Haugesund wins Odfjell Drilling contract
Oslo: Odfjell Drilling has awarded Norway’s Aibel Haugesund shipyard a NOK40m ($5.13m) contract for yard stay services related to the…
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Anthony Veder orders LNG carrier for charter to Gasum
Athens: Anthony Veder has ordered an 18,000-cbm LNG carrier from Germany’s Neptun Werft shipyard. After being delivered in late 2017, the…
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China likely destination for Ezra in Lewek Constellation deal
Singapore: Chinese banks are the most likely partner for Ezra Holdings as they explore a sale and leaseback deal for EMAS…
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Harvey Gulf Marine creates LNG OSV shipbuilding powerhouse
New Orleans: Harvey Gulf International Marine announced on Thursday it has created a new entity to manage its recently acquired…
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