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ZIM makes another digital investment
Israeli shipping and logistics service provider ZIM has announced that it has made a direct investment in compatriot technology company…
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Futures market leads 2020 price discovery
Chris Hudson, a fuel oil futures broker with Freight Investor Services, gives readers an idea of the bunker price spread.…
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Bjørn Tore Larsen returns to CEO role at OSM
Controlling shareholder, chairman and founder of OSM Maritime Group Bjørn Tore Larsen is returning to the role of CEO of…
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Kassian signs for $36.5m Mitsui kamsarmax
Pappadakis family-controlled Kassian Maritime Navigation has moved away from the S&P markets for its latest fleet expansion plans. Brokers tell…
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Golar to build new FLNG at Keppel for 20-year BP charter
Golar LNG, via newly created subsidiary Gimi MS, has entered into a 20-year lease and operate agreement with BP for…
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US closes liner collusion investigation
A two-year investigation by the US Department of Justice into collusion among the world’s top liners has closed, without bringing…
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Port congestion crisis grows at Manila
As Manila faces up to its worst port congestion crisis since the crippling box crunch of 2014, stakeholders including terminal…
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KSS Shipping secures ammonia shipping contract, eyes fleet growth
South Korean shipping firm KSS Shipping has secured a contract for ammonia transportation from Indonesia company Parna Raya. The contract,…
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BRS Group expands presence in South America with Amazonas takeover
French shipbroking house Barry Rogliano Salles (BRS) Group has continued to expand its international footprint by acquiring Colombian shipbroking company…
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CSC Phoenix to offload shares in logistics venture
Chinese dry bulk shipping operator CSC Phoenix has announced a plan to sell its entire 28% stake in Chongqing Xingang…
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Teekay puts ethylene carriers into Lauritzen pool
Teekay LNG Partners has agreed a deal with Lauritzen Kosan, the gas carrier division of J. Lauritzen, to place its…
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Seadrill awarded three rig contracts
John Fredriksen’s Seadrill has secured three new rig contracts with total value of around $89m, according to the company’s latest…
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Jaldhi Overseas adds vintage chemical tanker
Brokers report active Indian owner Jaldhi Overseas has bought the 2006-built, 19,800 dwt chemical tanker for just under $12m from…
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Estonian pellet producer builds handy fleet
Graanul Invest Group, one of Europe’s largest pellet producers, has snapped up its second ship, taking a vessel from its…
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Bunker spill branded Solomon Islands’ worst man-made natural disaster
In what has been branded the worst man-made natural disaster ever to hit the country, at least 60 tonnes of…
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Gil Ofer: ‘2019 set to be a milestone year for maritime startups’
Idan Ofer’s Eastern Pacific Shipping and startup specialists Techstars have launched a shipping startup accelerator in Singapore. The EPS MaritimeTech…
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Japan comes out in favour of open-loop scrubbers
Japanese authorities have declared washwater discharge from open-loop scrubbers to be not harmful to the environment, lending credence to a…
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How charterers subverted Marpol to bring us today’s scrubber chaos
Steve Nolan, technical director at Schulte Marine Concept in Shanghai, reckons he knows who’s to blame for today’s pre-sulphur cap…
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Diana Containerships changes name to Performance Shipping
Greek boxship owner Diana Containerships has announced that it is changing its name to Performance Shipping with immediate effect. The…
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ABG Shipyard moves a step closer to liquidation
One of the most famous names in Indian shipbuilding has moved a step closer to liquidation. ABG Shipyard’s committee of…
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