Sector
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Paddy Rodgers claims oil majors are demanding scale solutions
Admitting current markets remain difficult, Paddy Rodgers has issued a comment on the growing demands from clients for a more…
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Court grants Pacific Radiance six-month moratorium
The High Court of Singapore has granted financially troubled OSV operator Pacific Radiance a six-month moratorium in order to preserve…
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MPC Container Ships raises more cash for acquisitions
Germany’s MPC Container Ships has raised a further $50m via a private placement, money it says will be used to…
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Ocean Yield acquires and charters back CMB boxship quartet
Norway’s Ocean Yield has announced the acquisition of four 2014-built 3,800 teu containerships which will go out on 12-year bareboat…
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Nakilat buys into Excelerate Energy FSRU
Qatar’s Nakilat has signed an agreement with Excelerate Energy to establish a JV company which will see it acquire a…
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IM Skaugen to delist from Oslo in September
Norwegian gas carrier operator IM Skaugen will delist from Oslo Stock Exchange in September following it submission of a delisting…
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Subsea 7 secures EPIC contract offshore Egypt
Norwegian subsea services provider Subsea 7 has been awarded a engineering, procurement, installation and commissioning contract by Burullus Gas Company…
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Oman Drydock to enter shipbuilding sector
Middle Eastern ship repair giant Oman Drydock Company is planning to enter the shipbuilding sector. The new CEO of the…
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Dig a pony – maritime charity discovers it fed The Beatles horse
A maritime welfare charity that helped The Beatles when they fell on hard times has released a new book, which…
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Containers fall off Cosco boxship at Tianjin Port
Five containers fell off 10,000 teu containership during unloading at Tianjin Port Pacific International Container Terminal yesterday. Bunker vessel Jin…
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Conman jailed for defrauding Allseas
A conman was jailed for eight years in the UK Monday for defrauding Dutch offshore engineering firm Allseas out of…
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Charleston Harbour Deepening Project receives $49m boost
The Charleston Harbour Deepening Project has received a financial boost with $49 million of funding announced by the US Army…
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ExxonMobil announces development drilling has begun at Liza Phase 1 offshore Guyana
ExxonMobil announced on Tuesday that it has begun development drilling on Liza Phase 1 offshore Guyana, well ahead of the…
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Vast majority fear introduction of the sulphur cap will be an ‘unholy mess’
With less than 18 months to go until the start of IMO’s global sulphur cap an overwhelming 86% of Splash…
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DSME boss hints yard could be bought by Samsung or Hyundai
Not for the first time the CEO of Korean shipyard giant Daewoo Shipbuilding & Marine Engineering (DSME) has said there’s…
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Another famous name in Japanese shipbuilding closes its doors to commercial vessels
Another famous dockyard in Japan is reportedly closing its doors to commercial ships come the end of next year, according…
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CSC Phoenix rocked by resignation of 42 employees
Chinese bulk shipping operator CSC Phoenix’s future operations has become uncertain with the company facing mass employee resignations. According to…
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Euronav takeover of Gener8 set for completion
Shareholders of Gener8 Maritime have approved plans to merge with Euronav, with 98% of those voting supporting the deal. Gener8…
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Borealis linked with boxship trio
Top management at UK-based Borealis Maritime look to have been busy while attending myriad parties at last week’s Posidonia in…
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Scorpio Bulkers secures new loan for kamsarmax pair
Emanele Lauro’s Scorpio Bulkers has received a commitment for a loan facility of up to $30m from ING Bank to…
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