Sector
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Shandong Shipping orders up to 10 capes
Chinese state-run bulk entity Shandong Shipping has ordered five firm 180,000 dwt capesizes at Shanghai Waigaoqiao Shipuilding, according to Clarkson…
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Faerder Tankers inks Daehan suezmax contract for Chevron
Daehan Shipbuilding has won an order from Norway’s Faerder Tankers for two firm 158,000 dwt scrubber fitted suezmaxes for delivery…
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Nam Cheong completes debt restructuring
Malaysian offshore shipbuilder Nam Cheong has completed its debt restructuring exercise, implementing the proposed schemes of arrangement. The restructuring of…
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Survey claims owners have left it too late to get scrubbers installed in time for the start of the sulphur cap
Owners have now left it too late to get scrubbers installed in time for the start of the global sulphur…
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Maritime CEO Forum returns to Hong Kong with all-star lineup
Tuesday afternoon sees the Maritime CEO Forum return to the Foreign Correspondents’ Club (FCC) in the heart of Central, Hong…
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Pyxis Tankers refinances product tanker with loan from Blue Ocean Maritime
Greek owner Pyxis Tankers has refinanced the loan facility for 2015-built product tanker with EnTrustPermal’s Blue Ocean Maritime Income. After…
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EMGS looking for new CEO after Vermeijden resigns
Offshore seismic specialis EMGS has announced the resignation of its CEO Christiaan Vermeijden due to personal reasons. Vermeijden, who has…
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Transocean drillship extended by Petrobras
Offshore driller Transocean has been awarded a 790-day contract extension by Brazil’s Petrobras for 2009-built ultra-deepwater drillship . The drillship…
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Cosco tipped to buy Singamas
Pacific International Lines (PIL) has got an old friend to come in and buy its shares in subsidiary Singamas, the…
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Ports on alert as cyber attacks proliferate
The cyber security attack that hit the Port of San Diego on Tuesday included ransomware and demand for Bitcoin, port…
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Bulker order/demo ratio hits eight-year high
The ratio of dry bulk orders placed compared to vessels scrapped has risen to its highest level this year since…
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HMM signs off on mega boxship project
Today South Korea’s flagship line HMM signed formal contracts for its 20 mega containerships with three the nation’s top three…
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Aegean president departs
Marine fuel logistics company Aegean Marine Petroleum Network (AMPNI) has announced that its president Jonathan McIlroy will leave the company…
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NileDutch takes its largest ship to date
African box specialist NileDutch has taken in its largest containership in its 20-year history. Alphaliner reports that the Rotterdam-headquartered line…
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Scorpio Bulkers seals sale and leaseback of ultramax
Emanuele Lauro’s Scorpio Bulkers has sold 2016-built ultramax bulker for $20.5m, and will lease the vessel back on bareboat charter…
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Prosecution sought in Manila over illegal recruitment
The National Bureau of Investigation in the Philippines is seeking the prosecution of two Italians and three Filipinos for syndicated…
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Aban Offshore awarded jackup contract
Indian offshore drilling contractor Aban Offshore has received a letter of award for the deployment of its jackup rig offshore…
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Petrobras fined $853m by US authorities
Brazilian energy major Petrobras has agreed to pay a combined total of $853.2m in penalties to resolve the US government’s…
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LA and Long Beach brace for trucker strikes
California’s top two ports are braced for disruption next week as truckers take aim at two logistics companies in a…
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Cochin Shipyard to develop new ship repair facility
India’s Cochin Shipyard has entered into an MoU with Andaman & Nicobar Administration for the development of a new ship…
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