Sector
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MOL boss admits ONE’s first year has been ‘shocking’
The CEO and president of Mitsui OSK Lines (MOL) has branded his new co-owned containerline’s financial results “shocking” and vowed…
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Singapore’s CMIA revealed as new owners of Bengal Tiger Line
CMIA Capital Partners, a Singapore-based private equity firm, has been revealed by analysts at Alphaliner as the new owners of…
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CargoX debuts its blockchain solution for shipping
Tech firm CargoX today launches its much trailed shipping blockchain platform. The system stores documents and data securely encrypted on…
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Regulation call for maritime digital solutions
As the digital transformation in the maritime industry accelerates, there has been a groundswell of calls to set up relevant…
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Japan files official complaint with the WTO over Korean yard subsidies
Japan has officially launched a complaint at the World Trade Organization (WTO) over Seoul’s state funding of local shipbuilders after…
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Berge Bulk closes in on ICBC capesize quartet
Singapore-based dry bulk owner Berge Bulk is on the verge of adding four vessels to its fleet of 60 vessels…
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X-Press Feeders books six boxships at Zhoushan Changhong
Singapore-based feeder containership operator X-Press Feeders has signed shipbuilding contracts with China’s Zhoushan Changhong International Shipyard for the construction of…
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Gestioni Armatoriali sells tanker pair to Chandris Hellas
Piraeus-based shipping company Chandrios Hellas is reported as the new operator of a pair of MR2 tankers bought by Italy’s…
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V.Group claims it is transforming the crewing industry with its digitial investments
London-based V.Group, a major marine support services provider, claims it is leading the transformation of the seafaring industry with its…
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Asian crewing nations make official commitment to the fair treatment of seafarers
A regional meeting of Asia’s leading seafaring nations has highlighted the plight many seafarers face in the event of a…
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TS Lines takes on its largest ship
TS Lines from Taiwan has taken on its largest ever ship. The company has chartered the 8,533 teu from Germany’s…
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CNPEC acquires offshore wind installation platform from Keen Offshore
China Nuclear Power Engineering (CNPEC) has entered into a contract with Guangdong-based Keen Offshore Engineering for the acquisition of a…
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EGPN on the hunt for capes
Hong Kong registered bulker player EGPN has snapped up the six-year-old, 57,000 dwt for $12m, a bargain compared to MSI’s…
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Global Ship Lease seals new CMA CGM charter
Global Ship Lease has announced a new charter to CMA CGM as well as the extension of two exisiting charters.…
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Diana Shipping kamsarmax gets new Glencore deal
Greek dry bulk owner Diana Shipping has sealed a new time charter contract with Glencore Agriculture for 2009-built kamsarmax .…
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Eidesvik Offshore fixes survey vessel to CGG
Eidesvik Offshore has entered into an agreement with offshore survey specialist CGG for the deployment of survey vessel . The…
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K Line sets out to become the world’s top capesize operator
Japan’s Kawasaki Kisen Kaisha (K Line) has set out to become the world’s largest capesize operator, in the process reducing…
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Wan Hai orders 20 boxships at Chinese and Japanese yards
Taiwan’s Wan Hai Lines has announced a major fleet expansion project with orders for a total of 20 boxships at…
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Mitsubishi to fold Diamond Star Shipping in Singapore
Japanese trading house giant Mitsubishi Corporation will fold its Singapore-based, 2011-founded dry bulk subsidiary Diamond Star Shipping into a newly…
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Evan Cohen joins CIT
Famous American ship financier Evan Cohen has been tapped to run American bank CIT’s maritime finance business. Cohen, best known…
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