Sector
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Volumes shipped along Russia’s Northern Sea Route more than quintuple in five years
The volume of cargo shipped along Russia’s Northern Sea Route this year is set to be up more than five-fold…
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Continental Shipping Line quits box sector
Singapore-based feeder operator Continental Shipping Line (CSL) is reported by Alphaliner as exiting the box sector, having sold two 1,400…
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Wintermar Offshore moves to reduce fleet
Indonesian offshore vessel operator Wintermar is in the process of selling some of the older and idle vessels in its…
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DOF awarded PSV contract by Point Resources
Norwegian OSV operator DOF has been awarded a contract by Point Resources for the deployment of its 2012-built platform supply…
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Magseis to acquire Fairfield Seismic Technologies
Norwegian seismic specialist Magseis has entered into an agreement with Fairfield Geotechnologies to acquire the Seismic Technologies business from Fairfield…
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Pangaea Logistics acquires secondhand supramax bulker
Nasdaq-listed dry bulk shipowner Pangaea Logistics Solutions has announced the acquisition of a secondhand 53,000 dwt supramax bulk carrier. The…
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India’s shipping minister sets out shipbuilding ambitions
India’s shipping minister Nitin Gadkari set out some shipbuilding goals for the country while attending the groundbreaking ceremony of the…
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Port of Los Angeles terminal evacuated after explosion
An explosion at Port of Los Angeles at around 6pm Tuesday local time has led to a terminal being evacuated.…
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Odfjell Drilling semi-submersible awarded contract by MOL Norge
Norway’s Odfjell Drilling has been awarded a contract by MOL Norge for 1983-built semi-submersible rig . The one-well contract is…
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Rowan secures drillship contract from Fieldwood Energy
Houston-based offshore driller Rowan Companies has been awarded a contract in the United States Gulf of Mexico by Fieldwood Energy…
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Global Ship Lease and Poseidon Containers to merge
London-based containership owner Global Ship Lease and Greek owner George Youroukos’ Poseidon Containers have entered into a merger agreement. The…
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Paddy Rodgers renews attacks on open-loop scrubbers
One of shipping’s most vocal opponents of scrubbers has aimed another barrage at exhaust gas cleaning systems. Euronav boss Paddy…
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Shipping warned of imminent Abu Sayyaf strike
ReCAAP, the Asian piracy watchdog, has issued a warning of potential attacks on ships in and around Philippine waters. The…
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11 crew kidnapped from German boxship off Nigeria
Over the weekend pirates boarded a Liberian flagged containership off the coast of Nigeria, seizing 11 crew including eight from…
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DryShips pays $198.5m for four Economou ships
DryShips has revealed it has bought four ships from its chairman George Economou. DryShips is paying $198.5m for three modern…
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Wilson adds six more mini-bulkers
Norway’s mini-bulker giant Wilson has bought six older ships from the Strømberg Group, paying for the vessels in shares. The…
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DSIC and China Merchants test landmark sail propulsion system on VLCC
Dalian Shipbuilding Industry Corporation (DSIC) and China Merchants Energy Shipping (CMES) have completed a test run of a sail propulsion…
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Okeanis Eco Tankers secures funding for VLCC pair
Okeanis Eco Tankers, the Oslo-listed Alafouzos family tanker vehicle, has secured two loan facilities for a total of $116.3m with…
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MISC secures FSO charter from Idemitsu Kosan
Malaysian shipping company MISC has secured a time charter contract from Japanese oil and gas company Idemitsu Kosan for the…
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LNG tipped as best shipping sector next year
Rates for LNG carriers are soaring at the moment, pushing north of $150,000 a day and Splash readers reckon the…
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