Sector
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Search for missing Sincerity Ace crew suspended
The US Coast Guard has suspended the search for the last remaining missing crew member from the car carrier ,…
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No dry January for reefer-focused Maersk Container Industry
Maersk Container Industry (MCI) has taken the decision to ditch manufacturing dry containers and will now fully focus on growing…
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Jinhui Shipping offloads another supramax
Chinese dry bulk owner Jinhui Shipping and Transportation has announced the sale of 2001-built supramax for $7.38m. The vessel was…
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Fortune Ocean inks financial leasing deal for two panamaxes
CDB Leasing, the financial leasing unit of China Development Bank, has taken over the ownership of panamax bulk carriers Xing…
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Mingsheng Financial Leasing acquires two resale bulkers at Yangzijiang
Chinese financial leasing house Mingsheng Financial Leasing has acquired two $81,800 dwt resale panamax bulkers at Yangzijiang Shipbuilding. According to…
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Jeil takes Seatrans chemical tanker
Steadily growing Jeil International from South Korea has added its seventh ship, opting for an older stainless steel chemical tanker.…
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Sanmar revealed as buyer of Ardmore product tanker
Indian tanker player Sanmar Shipping is listed by brokers as the taker of the 2002-built, 47,000 dwt for $8.2m, a…
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Ensco secures series of new contracts and extensions
UK-headquartered offshore driller Ensco has been awarded a series of new contracts and extensions according to the company’s latest fleet…
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Solstad Offshore anchor handler extended by Eni
Norway’s Solstad Offshore has been awarded a contract extension for 2013-built anchor handling tug supply vessel . Eni contracted the…
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CSC Phoenix acquires handysize bulkers from Minsheng Bank
Chinese domestic bulk shipping operator CSC Pheonix has acquired two 23,800 dwt handysize bulk carriers from Minsheng Bank via auction.…
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Rowan jackup extended by Shell in Trinidad
US offshore driller Rowan Companies, currently in the middle of a $12bn combination with Ensco, has been awarded an extension…
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Cremers issues New Year’s resolution for his deck officers
Don’t forget the bridge of a ship is a place of work, not a social hub. That’s the message from…
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Yinson awarded FPSO contract extension
Malaysian FPSO operator Yinson Holdings has announced that its Vietnam associate PTSC Asia Pacific (PTSC AP) has entered into an…
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76 shipbreakers in India are now HK-compliant
GMS, the world’s largest cash buyer of ships for recycling, has revealed that there are now 76 yards in India…
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300cubits eyes new blockchain product
300cubits, the Hong Kong startup behind the container crpto currency TEU, is exploring a new blockchain initiative. “We have been…
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Five feared dead after massive car carrier fire forces crew to abandon ship
Five crew are feared dead after an enormous fire broke out on a Japanese car carrier in the middle of…
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Imabari wins first Greek VLCC order
Imabari, Japan’s largest shipyard, has received its first VLCC orders from a Greek owner. Angeliki Frangou’s Navios Group has secured…
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Qingdao Port becomes a bulker owner
China’s Qingdao Port has moved into the bulker shipowning sector with the port operator’s first owned bulker, , making its…
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China Merchants restructures shipyard assets
China Merchants Group has started the integration of its shipyard assets as part of the ongoing internal restructuring process following…
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Ship Finance International snaps up 19,400 teu boxship pair
John Fredriksen’s Ship Finance International has finished off 2018 with the acquisition of two containerships, its fourth deal in the…
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