Sector
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Maritime CEO Forum: ‘We should look beyond the sulphur issue’
Despite a majority of panelists at today’s Maritime CEO Forum tanker session professing to be fans of scrubbers, all executives…
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Fleet reductions could see tanker owners in touch with a profit in 2019
IMO sulfur regulations will constrain large tanker supply growth while an ageing fleet should encourage scrapping, writes Tim Smith, director…
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Christian Andersen steps down at Avance Gas
Pure-play VLGC owner Avance Gas Holding has announced that president Christian Andersen has stepped down. Andersen has led the company…
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Auramarine: Ready for 2020
Finnish fuel system provider Auramarine is getting plenty of inquiries as the days tick down to the global sulphur cap.…
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CDB Leasing orders ultramax quartet at New Dayang Shipbuilding
CDB Leasing, the leasing unit of policy bank China Development Bank, has officially signed shipbuilding contracts with New Dayang Shipbuilding…
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AMP seals first acquisition of the year
One of Hong Kong’s largest handysize players, Asia Maritime Pacific (AMP), has sealed its first purchase in years. The Mark…
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Atlantica Tender Drilling and Energy Drilling to merge
Houston-headquartered Atlantica Tender Drilling and Singapore’s Energy Drilling have signed a letter of intent to merge the two companies, creating…
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Icon Offshore awarded supply vessel contract by Petronas
Malaysian offshore vessel owner Icon Offshore has been awarded a contract by Petronas Carigali for the provision of straight supply…
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SBM Offshore orders up to four FPSO hulls at China Merchants Heavy Industry
Dutch FPSO operator SBM Offshore has signed contracts with China Merchants Heavy Industry (CMHI) for the construction of up to…
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Jan De Nul books jackup installation vessel at Cosco Shipping Heavy
Belgian offshore service provider Jan De Nul has placed an order at Cosco Shipping Heavy Industry for the construction of…
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Shipping gets its own Geneva Declaration
The first version of the inaugural Geneva Declaration on Human Rights at Sea was published today by Human Rights at…
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Nobu Su taps human rights experts to spring him from jail
Nobu Su, the fallen shipping magnate currently residing at Her Majesty’s Pleasure in Pentonville prison in north London, is understood…
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New boss strikes sombre tone as K Line turns 100
Today marks the 100th anniversary since the founding of Kawasaki Kisen Kaisha (K Line), Japan’s third largest shipping line. It…
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Maurizio Aponte steps down from MSC
Maurizio Aponte, cousin of Gianluigi Aponte and one of Mediterranean Shipping Company’s (MSC) top executives from the very beginning, is…
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IMO to clamp down on fake ship registrations
The International Maritime Organization (IMO) is preparing to crack down on substandard ship registries and the issue of illegal ship…
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Flex LNG tunes in to the Spotify route to Wall Street
John Fredriksen’s Flex LNG has tuned in to the Spotify route to Wall Street, pushing ahead with a direct listing…
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UAE authorities dish out fines to owners involved in dangerous tanker prang
Authorities in the UAE have wasted little time in dishing out fines to two companies involved in a dangerous collision…
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Nord/LB quits ship finance
Another famous name in German ship finance is exiting the sector. Nord/LB Norddeutsche Landesbank has made clear the “painful” bad…
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Aegean Marine Petroleum Network emerges from Chapter 11 as Minerva Bunkering
Mercuria Energy Group has announced that Aegean Marine Petroleum Network has emerged from Chapter 11 and its plan of reorganisation…
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Microsoft buys into maritime artificial intelligence
Microsoft is moving into the world of maritime artificial intelligence, backing an American platform, Nautilus, that is among the leaders…
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