Region
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Morgan Stanley invests in Pasha Group
Morgan Stanley Infrastructure Partners (MSIP) has invested in the US family-owned shipping company, The Pasha Group. The private infrastructure investment…
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Final speaker line-up cements Geneva Dry’s position as a must-attend on the maritime calendar
The one-month countdown until the inaugural Geneva Dry is on with organisers today unveiling the final full line-up of speakers…
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Italian broker accused of involvement in Venezuelan oil trafficking scheme
Greek police have apprehended Erik Roveta, a 47-year-old Italian tanker broker, for his involvement in an international criminal network trafficking…
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Austal knocks back takeover bid from Hanwha Ocean
Top management at Australian shipbuilding group Austal has rejected a $662m bid from South Korea’s Hanwha Ocean, citing regulatory worries. …
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MOL unveils maintenance robot
Mitsui OSK Lines has unveiled a maintenance robot it has been developing with other Japanese companies including Sumitomo Heavy Industries. …
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Northern Drilling refused permission to appeal Hanwha ruling in cancelled drillships case
John Fredriksen-backed rig investment company, Northern Drilling, has been denied the right to appeal an arbitration decision that favoured Daewoo…
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Transocean bags $195m drillship extension
Offshore drilling contractor Transocean has won a 365-day contract extension in the US Gulf of Mexico worth $195m for the…
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Siem Offshore gets new deal in Brazil for oil spill recovery vessel
Norwegian offshore vessel operator Siem Offshore through its Brasilian subsidiary has won a new contract for the oil spill recovery…
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Mooreast and Bourbon Offshore win French floating wind gig
Singapore-listed Mooreast has partnered with Bourbon Offshore to provide mooring drag anchors to the 30MW Eolmed offshore floating wind project…
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Ciner back for more Dayang ultramaxes
Turkey’s Ciner Shipping has signed for four more ultramaxes at New Dayang Shipyard in China. No price has been revealed…
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Great Eastern Shipping continues tanker fleet rejuvenation
Indian owner Great Eastern Shipping has struck a deal to sell its 2004-built MR product tanker Jag Pahel, making room…
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Contracts for Shelf Drilling jackup quartet suspended
Oslo-listed jackup rig pure-play Shelf Drilling has received a notice of suspension of operations from an undisclosed Middle Eastern customer…
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Modec wins work on Shell’s Gato do Mato FPSO
Japanese floater expert Modec has won a front-end engineering and design (FEED) deal for a floating production, storage, and offloading…
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Baltimore clear-up operation moves into high gear
It has been a very busy Easter weekend for those involved in the clear-up at Baltimore port with the first…
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Shipowners selected for 19 QatarEnergy LNG newbuilds
QatarEnergy has firmed up its massive LNG shipbuilding program at 104 vessels, having finalised charter contracts with Asian shipowners for…
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Hong Kong becomes first major victim of global liner network redesigns
The world’s most rapidly declining major container port is braced for further huge throughput drops in the coming couple of…
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The mental scars left by Red Sea attacks
Charles Watkins, CEO of Mental Health Support Solutions, has recently returned from a vessel visit where he supported crew whose…
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Greece’s Cape Shipping signs for tanker newbuilds
The Andrianopoulos family and its Cape Shipping have embarked on their first tanker newbuilding project at two Chinese shipyards. The…
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Newport makes newbuild debut
Greece’s Newport is set to expand its fleet of Japanese-built bulk carriers with its inaugural newbuilding project for three kamsarmaxes.…
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Dynagas LNG Partners readies refinancing deal
New York-listed Dynagas LNG Partners is set to receive up to $345m in new financing that it plans to use…
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